SAE International (Society of Automotive & Aerospace Engineers) is a professional organization for the aerospace, automotive, and commercial vehicle industries. SAE develops standards for engineering professionals. With hybrid and fully electric vehicles now entering the marketplace in large numbers, the need for battery standards is getting greater attention. Key SAE standards for lithium batteries include:, SAE J 2929 (Electric and Hybrid Vehicle Propulsion Battery System Safety Standard-Lithium -Based Rechargeable Cells) and SAE J 2464 (Electric and Hybrid Electric Vehicle Rechargeable Energy Storage System (RESS) Safety and Abuse Testing)
According to the report, Development of Flexible and Wearable Electronic Devices
is one of the primary growth factors for the market. Increasing Demand for Advanced Energy Storage Solutions
is also expected to contribute significantly to the Lithium Air Batteries market. Overall, Automotive Industry
applications of Lithium Air Batteries, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Lithium Air Batteries market identified that the demand is rising in many different parts of the world as "Lithium-air technology is creating new opportunities for up and coming mining companies as the demand for lithium is increasing. More lithium will be required for more due to its versatility, and also because of the need for environmentally friendly power consumption solutions. Other devices that can benefit from these new batteries extend to more than just electric vehicles and cell phones.".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Lithium Air Batteries market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Lithium Air Batteries market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Lithium Air Batteries market size is calculated using market estimation process, the Lithium Air Batteries market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Lithium Air Batteries market size has been validated using both top-down and bottom-up approaches.