Global Metal-Air Battery Market, By Type (Primary Batteries, Secondary/Rechargeable Batteries), Metals (Aluminium-Air, Zinc-Air, Lithium-Air, Iron-Air), Voltages (High (Above 36V), Medium (12V to 24V), Low (Below 12V)), Application (Stationary Power, Electric Vehicles, Military Electronics, Electronic Devices), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Metal-air battery market will reach at an estimated value of USD 1,240.69 million and grow at a CAGR of 13.90% in the forecast period of 2021 to 2028. Growing demand for high-energy-density storage solutions and inherent properties of metal-air batteries is an essential factor driving the metal-air battery market.
Metal air batteries are the type of batteries that are designed to offer features of conventional as well as fuel cell properties. These batteries consist of cathode, anode, and electrolyte. Metal air batteries consist of metal anodes and porous cathode such as lithium, sodium, zinc, and others. Metal air batteries offer 3-30 times higher energy density as compared to Li-ion batteries, thus making it an alternative in electric vehicles.
Increasing use of zinc-air batteries in electronic devices, especially in hearing aids is a crucial factor accelerating the market growth, also rising shift toward green-energy sources, increasing acceptance of green energy sources, growing demand for storage solutions with high energy density, rising need for zinc-air batteries, increased the demand for metal air batteries for increasing the capacity of energy storage of batteries which turn helps to increase the range, increasing technological advancements have been developed in order to recycle these batteries and rising demand for high-capacity, safe, cost-effective, and eco-friendly energy storage solutions and it can also be used in hearing devices, watches, and stationary energy storage applications are the major factors among others boosting the metal air battery market. Moreover, rising newer applications of metal-air batteries apart from electric vehicles and rising substantial growth in demand for electric vehicles will further create new opportunities for metal air battery market in the forecast period mentioned above.
However, rising absence of proper standards for developing metal-air batteries and rising corrosion between electrolyte and anode in zinc-air batteries are the major factors among others which will curtail the market growth, while rising rapid discharging of aluminium-air and magnesium-air batteries will further challenge the metal air battery market in the forecast period mentioned above.
This metal air battery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on metal air battery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Metal Air Battery Market Scope and Market Size
Metal air battery market is segmented on the basis of type, metals, voltage, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the metal air battery market is segmented into primary batteries and secondary/rechargeable batteries.
- Based on metals, the metal air battery market is segmented into aluminium-air, zinc-air, lithium-air and iron-air.
- Based on voltage, the metal air battery market is segmented into high (Above 36V), medium (12V to 24V) and low (below 12V).
- The metal air battery market is also segmented on the basis of application into stationary power, electric vehicles, military electronics and electronic devices.
Metal Air Battery Market Scope Country Level Analysis
Metal air battery market is analysed and market size, volume information is provided by country, type, metals, voltage, and application as referenced above.
The countries covered in the metal air battery market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
APAC dominates the metal air battery market due to increasing shift toward green-energy sources, rising acceptance of green energy sources, growing demand for storage solutions with high energy density, rising need for zinc-air batteries and increasing demand for metal air batteries in this region.
The country section of the metal air battery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metal Air Battery Market Share Analysis
Metal air battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to metal air battery market.
The major players covered in metal air battery market report are NantEnergy Inc, PHINERGY, Log 9 Materials, Arotech Corporation, PPBC and its licensees, Fuji Pigment Co., Ltd, GPB International Limited, Zinc8 Energy Solutions Inc., Arconic, E-stone Batteries B.V., Energizer Holdings, Inc, Excellatron, ZAF Energy Systems, INC, Mag One Products Inc., EnZinc, Ionomr Innovations Inc and Rialair among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.