ICT RESEARCH REPORTS Li-Air-Battery-Market | Page 2

application features are among the prominent factors that have garnered huge R&D investments
and are expected to drive growth of the Li-Air battery market over the forecast period.
“Considerable problems owing to the power backup, specifically in the energy grids
and the electric vehicles (EVs) are expected to be the prominent applications driving
the development of these batteries”
Extensive development to harness the renewable energy sources to their maximum potential
requires storage owing to the irregularity of the daily energy outputs. Owing to these factors, the
utilization of these energies is limited to peak loads. Moreover, increased mileage of the EVs to
garner increased adoption of environment friendly transportation means is expected to drive the
demands for relatively higher charge density. Requirements to meet these demands,
organizations are expected to explore the options viable to address the concerning issue. This is
expected to drive the R&D and commercialization of these power storage options. For instance,
Automotive and Surface Transportation, National Research Council of Canada; MIT researchers,
and Cambridge scientists are few of the major participants that have witnessed considerable
activities for the utilization of the technology.
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“Significant challenges in these batteries that include fundamental limitations in
terms of electrochemical stability are expected to be the major factors delaying the
commercialization of the technology”
Several number of studies that were carried out over the past few years have revealed that high
reactivity of the lithium peroxide, which is the after product leads to corrosion of both the carbon
cathode layers and electrolyte layer. Moreover, owing to utilization of introduction air humidity,
carbon dioxide and other impurities will hamper the utilization of these cells. High heat
dissipation, large mechanical stress on the structure, low number of charge cycles, high charge
degradation rates also add up to the existing challenges, which are expected to hamper the
overall industry growth though the forecast period.
“Considerable number of ongoing and existing alternative approaches for power
storages will hinder the Li-air battery market”