Metal-air Battery Market Share, Worth Report, Research Insight & Competitive Analysis & Forecast to 2020
Global Metal-air Battery Market
Metal-air Battery is an electrochemical cell which uses an
anode made from pure metal & an external cathode of ambient air, typically
with an aqueous/aprotic electrolyte. The mounting demand for
high-energy-density-storage solutions and integral properties of metal-air batteries
is expected to drive the global metal-air battery market over the forecast
period.
The increase in demand for metal-air batteries among the
end-user applications with the rise in research & development activities
focused on advancing the battery technology is expected to boost the growth of
global metal-air battery market throughout the period. The growing deployment
of electric vehicles, the increasing utility of battery energy storage systems
& proliferating adoption of electronic gadgets are some driving factors
which expected to propel the global metal-air battery market growth.
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The increase in use of zinc-air batteries in electronic
devices especially in hearing aids will positively influence the market growth.
The increase in advanced applications of metal-air batteries apart from
electric vehicles are expected to create market opportunities over the forecast
period. These batteries have a higher energy density storage power capacity
& it can perform better than the lithium-ion batteries which expected to
fuel the target market growth.
The absence of proper standards for development of metal
air-battery is a major restraint which expected to hamper the global metal-air
battery market growth during this forecast period. The COVID-19 pandemic has
negatively impacted the market supply chain. Raw material suppliers, battery
pack manufacturers, and electrode material producers are expected to take
significant amount of time to recover to the Pre-COVID level.
Global Metal-air
Battery Market Segmentation
The Global Metal-air Battery Market is segmented into metal,
voltage, battery type, and application.Based on metal market is segmented into
Zinc-Air, Lithium-Air, Iron-Air, Aluminum-Air, Others, by voltage market is
segmented into Low (Below 12V), Medium (12-36V), High (36V), by battery type
such as Primary Battery, Secondary/Rechargeable Battery. Further, market is
segmented into application such as Electric Vehicles, Military Electronics,
Electronic Devices, Stationary Power, Others.
Based on region the Global Metal-air Battery
Market is segmented into five regions such as North America, Latin
America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The Asia Pacific region expected to hold a largest market
share in the overall market due to the growing use of electric vehicles,
consumer electronics & renewable energy devices in this region. Countries
such as India, Japan, China, and Indonesia offer tremendous growth potential
for the global metal-air battery market in this region. Some prominent
companies in Asia Pacific region including ACTXE Limited, Aqua Power Systems,
Log9 Materials, and Fuji Pigment Co., Ltd.
Market Key Players
Various key players are discussed in this report such as
NantEnergy Inc., Log9 Materials, Aqua Power Systems, Fuji Pigment Co., Ltd.,
ACTXE Limited, Zinc8 Energy Solutions Inc., Arconic Inc., E-Stone Batteries
B.V., Energizer Holdings, Inc, etc.
Market Taxonomy
By Metal
·
Zinc-Air
·
Lithium-Air
·
Iron-Air
·
Aluminum-Air
·
Others
By Voltage
·
Low (Below 12V)
·
Medium (12-36V)
·
High (36V)
By Battery Type
·
Primary Battery
·
Secondary/Rechargeable Battery
By Application
·
Electric Vehicles
·
Military Electronics
·
Electronic Devices
·
Stationary Power
·
Others
By Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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