The Metal-air Battery Market is expected to grow from USD 438 million in 2020 to USD 864 million by 2026 at a CAGR of 24.0% from 2020 to 2026.
A metal-air battery is an electrochemical cell which uses a pure metal anode and an external ambient air cathode, generally with a liquid electrolyte. Metal-air batteries have great potential energy capacity than lithium-ion batteries and are thus suggested as a solution for electrochemical energy storage for technologies such as electric vehicles or grid energy storage. Such batteries have attained enormous importance in small electronic devices including hearing devices and watches, and power storage applications largely as a highly potential source of energy. These are broadly used in the non-rechargeable batteries in coin and button configurations in watches and hearing aids. The escalated demand for high-energy-density storage batteries is a vital factor in propelling the market growth. The metal-air batteries have a greater energy density storage power capacity, and it can work better than the lithium-Ion batteries. The essential properties of metal-air batteries are accelerating the market growth. The Metal-Air batteries have attained much traction owing to high energy density and capacity, less cost incurred, the negligible reliance of the function on operating load and temperature, and the constant discharge voltage. The performance of zinc-air batteries has high theoretical energy density and minimum manufacturing cost. This feature is projected to accelerate the market growth. On the other hand, the lack of proper standards for developing metal-air batteries is limiting the growth of the market.
Moreover, the innovative technological developments in the market will pave the way for lucrative opportunities in the market. The original biofuel batteries, supercapacitors, and metal-air batteries are the perfect candidates to fulfill the energy storage demand. The most suitable is the Lithium-Ion batteries. Liquid metal-air batteries have attracted crucial attention in consumer electronics and stationary power plants. The increase in plug-in electric vehicles is going to be a revolutionary. They are connected and practical. It minimizes emissions and saves money. EVs have a remarkable torque property and are usually more digitally connected than traditional vehicles.
The global Metal-air Battery Market is segregated on the basis of Metal as Zinc-air, Lithium-air, Aluminum-air, Iron-air and Others. Based on Voltage the global Metal-air Battery Market is segmented in Low (Below 12V), Medium (12V to 24V) and High (Above 36V). Based on Type the global Metal-air Battery Market is segmented in Primary Batteries and Secondary/Rechargeable Batteries. Based on Application the global Metal-air Battery Market is segmented in Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power and Others.
The global Metal-air Battery Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Metal-air Battery Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
NantEnergy Inc., Phinergy, Log 9 Materials, Arotech Corporation, PolyPlus Battery Company, Fuji Pigment Co., Ltd. and others are among the major players in the global Metal-air Battery Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Metal-air Battery Market has been segmented as below:
Metal-air Battery Market, By Metal
Metal-air Battery Market, By Voltage
Metal-air Battery Market, By Type
Metal-air Battery Market, By Application
Metal-air Battery Market, By Region
Metal-air Battery Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Metal-air Battery Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Metal-air Battery Market share. Major industry players with significant revenue share include NantEnergy Inc., Phinergy, Log 9 Materials, Arotech Corporation, PolyPlus Battery Company, Fuji Pigment Co., Ltd., GP Batteries International Limited and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Metal-air Battery Market, By Metal
5.1. Key Points
5.2. Zinc-air
5.3. Lithium-air
5.4. Aluminum-air
5.5. Iron-air
5.6. Others
6. Metal-air Battery Market, By Voltage
6.1. Key Points
6.2. Low (Below 12V)
6.3. Medium (12V to 24V)
6.4. High (Above 36V)
7. Metal-air Battery Market, By Type
7.1. Key Points
7.2. Primary Batteries
7.3. Secondary/Rechargeable Batteries
8. Metal-air Battery Market, By Application
8.1. Key Points
8.2. Electric Vehicles
8.3. Military Electronics
8.4. Electronic Devices
8.5. Stationary Power
8.6. Others
9. Competitive Landscape
9.1. Introduction
9.2. Start-up companies- Metal-air Battery Market
9.3. Recent Developments
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profile
10.1. NantEnergy Inc.
10.2. Phinergy
10.3. Log 9 Materials
10.4. Arotech Corporation
10.5. PolyPlus Battery Company
10.6. Fuji Pigment Co., Ltd.
10.7. GP Batteries International Limited.
10.8. Zinc8 Energy Solutions Inc.
10.9. E-Stone Batteries B.V.
10.10.Arconic Inc.
10.11. Energizer Holdings, Inc.
10.12. EnZinc
10.13. Excellatron Solid State, LLC
10.14. Ionomr Innovations Inc.
10.15. Iskra
10.16. Minusquare
10.17. Renata SA
10.18.ZAF Energy Systems
10.19. ACTXE Limited
10.20. Aqua Power Systems
10.21. RiAlAiR Group
10.22. Phinergy Marine
10.23. EverZinc Group SA
10.24. Cegasa Energía, S.L.U.
Metal-air Battery Market, By Metal
Metal-air Battery Market, By Voltage
Metal-air Battery Market, By Type
Metal-air Battery Market, By Application