Air Battery Market Scope
Air battery is the batteries in which an air acts as a cathode and the anode is a metallic electrode that usually contains additives to improve its electrochemical performance and it is immersed in the electrolyte, typically an aqueous or aprotic one. A metal-air electrochemical cell is an electrochemical cell that uses an anode made from pure metal and an external cathode of ambient air. Batteries with air electrodes are gaining interest as Energy Storage Systems (ESSs) for Electrical Vehicles (EVs) because of their high specific energy density.
The Air Battery market study is segmented by Type (Zinc-Air, Aluminum-Air, Lithium-Air and Others), by Application (Power, Renewable Energy, Consumer Electronics, Mobility and Others) and major geographies with country level break-up.
The global air battery market is highly fragmented owing to the presence of a large number of players in the market. Also, high investments and innovations in material and technology are seeing a rapid build-up of vast and intricate ecosystems of existing and new players. Patent filings have increased threefold particularly in the area of joint filings, often between organizations in very different sectors. Examples include research institutions, companies developing battery technology, and businesses using battery technology within applications, such as automotive, electronic devices and utilities. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Air Battery market throughout the predicted period.
Rayovac (United States), Energizer (United States), Arotech (United States), Duracell (United States), Power one (United States), Camelion (Germany), Panasonic Corporation (Japan), En Zinc (United States), Toshiba (Japan) and NEXcell (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Renata (Switzerland), ZAF Energy System (United States), Zeni Power (China) and Konnoc (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Air Battery market by Type, Application and Region.
On the basis of geography, the market of Air Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On January 2, 2019, Energizer Holdings, Inc. has announced the closing of its acquisition of Spectrum Brands' Battery and Portable Lighting Business for the purchase price of USD 2.0 billion in cash, subject to certain adjustments.
According to the EU Council Presidency compromise text on amending Directive 2008/98/EC on a waste of 6 January 2017, an object can be transferred from one holder to another holder without the intention to discard. This implies that the take-back of an industrial battery should not by default be regarded as a waste generation.
Market Trend
- Growing demand for high energy density and low-carbon energy system
- Demand for Smaller, Lighter, More Powerful Batteries
- Advanced Batteries Technologies Provide Combination of Technical Features Progressively Enabling New Products
Market Drivers
- Growing demand from the automobile sector to electrify transportation and to promote grid-scale stationary energy storage are the key factors driving the demand for the air battery market.
- Extremely High Potential Demand for Battery Technologies in Emerging Markets Such As EV and BES
- Rapid Improvements in Performance and Cost due to Combination of Greater Economies of Scale and Research and Development
Opportunities
- Rechargeable lithium-air batteries have ultra-high theoretical capacities and energy densities, allowing them to be considered as one of the most promising power sources for next-generation electric vehicles.
- Metal-Air Batteries as the Solution toward Next-Generation Electrochemical Energy Storage for Applications Including Electric Vehicles or Grid Energy Storage
- Development of Electrically Rechargeable Metal-Air Batteries
Restraints
- Problems Associated With Metal Anodes, Air Catalysts, and Electrolytes
- Practical Capacity, Roundtrip Efficiency, and Cycling Life of Battery
- Fluctuating Raw Material Prices of Metals
Challenges
- Cycle Lifetime and Cost for High-Frequency Stationary Battery Energy Storage
- Stringent Government Rules & Regulations owing to Environment Safety, Pollution, and Waste
Key Target Audience
Air-Battery Manufacturers, Raw Material Suppliers, Automobile & Vehicle Manufacturers, Electronic Devices Manufacturers, Government & Research Organizations, Chemical Companies, Energy & Power Vendors and Industrial Bodies and Associations
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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