Breathing Battery Market, by Battery Type (Lithium air battery, Aluminum air battery, Zinc air battery, Calcium air battery), by End-use Industry (Automotive, Manufacturing, Defense, Utility energy storage, Consumer electronics, and others.), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Breathing battery is battery which generates electricity through the lithium oxidation process. As compared to standard lithium-ion batteries, the breathing battery combines the benefits of both lithium and oxygen, providing approximately 5 to 20 times the specific energy and over 3 times the power. The breathing battery market is increasing due to the use of breathing batteries in automotive, medical, defence & military, electronics and other industries. Moreover, breathing battery have the capacity to hold more than 40 times the charge of a standard Li-Ion battery of comparable weight. . In breathing batteries the cathode is oxygen and anode is made up of lithium. During charging and discharging, lithium ions move back and placed between the two electrodes, sending electrons around the external circuit to power a device.
Market Dynamics
The lithium-air battery market is projected to record a CAGR of more than 8.4% during the forecast period. Various factors such as increasing growth in renewable energy sources such as solar energy, wind energy and others and increased demand for devices for energy storage are driving the growth of global breathing battery market.
Moreover such breathing battery are widely use in electrical cars, as the increasing demand of breathing battery in electrical cars is driving the growth of global breathing battery market. For instance IBM, U.S.-based multinational technology company launched its new breakthrough air-breathing battery fit for an electric car. The range of air breathing battery is about 500-mile and it is approximately five times the range of current electric cars on the market today.
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