Lithium–ion based batteries are considered as future or next generation batteries owing to its highly improved features over conventional lead acid batteries. Besides the advanced lead-acid batteries, molten salt batteries, and flow batteries are also considered as next generation batteries and are available commercially. Li-ion based batteries are further classified as Lithium Sulfur (Li-S), advanced Li-ion and Lithium Solid-State batteries. The report analyzes all above types of next generation batteries. The report highlights quantitative and qualitative insights on the complete next generation battery market by applications. The major applications analyzed in the report are transportation, stationary energy storage and others. Lithium–ions are widely used in transportation and accounts for highest share in the global market. Grid-tied stationary energy storage applications also have high demand for next generation batteries. The report analyzes different driving and restraini...