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.
- In March
2020, Zinc8 Energy Solutions Inc. signed a contract with Digital Energy
Corporation to install a 100 kW/1.5 MWh zinc-air energy storage system in
Brooklyn, New York, US. This contract (USD 2.5 million) is financed by the New York
State Energy Research and Development Authority (NYSERDA)
- In
February 2019, Phinergy made a partnership with Indian Oil Corporation (IOC) to
develop extremely lightweight metal-air batteries for electric vehicles. This
deal also consists of a formation of a joint venture in India (a metal-air
battery manufacturing company), also an equity investment in Phinergy.
- In
October 2019, Log 9 Materials raised USD 3.5 million as a part of its Series A
round, conducted by Sequoia India's scale-up program Surge and Exfinity Venture
Partners LLP. The company declared that it will utilize these funds for further
product development and the commercial and industrial deployment of its
aluminum fuel cells.
- In
November 2018, Sharp Electronics Corporation’s Energy Systems and Services is acquired
by NantEnergy business which develops and provides innovative energy management
products for the US market. The acquisition consists of the SmartStorage
behind-the-meter energy storage system. The acquisition of Sharp’s energy systems
business and the SmartStorage brand created a significant position for
NantEnergy’s business in the US market.
The global Metal-air Battery Market has been
segmented as below:
Metal-air
Battery Market, By Metal
- Zinc-air
- Lithium-air
- Aluminum-air
- Iron-air
- Others
Metal-air
Battery Market, By Voltage
- Low (Below 12V)
- Medium (12V to 24V)
- High (Above 36V)
Metal-air
Battery Market, By Type
- Primary Batteries
- Secondary/Rechargeable Batteries
Metal-air
Battery Market, By Application
- Electric Vehicles
- Military Electronics
- Electronic Devices
- Stationary Power
- Others
Metal-air
Battery Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Metal-air
Battery Market, By Company
- NantEnergy Inc.
- Phinergy
- Log 9 Materials
- Arotech Corporation
- PolyPlus Battery Company
- Fuji Pigment Co., Ltd.
- GP Batteries International Limited.
- Zinc8 Energy Solutions Inc.
- E-Stone Batteries B.V.
- Arconic Inc.
- Energizer Holdings, Inc.
- EnZinc
- Excellatron Solid State, LLC
- Ionomr Innovations Inc.
- Iskra
- Minusquare
- Renata SA
- ZAF Energy Systems
- ACTXE Limited
- Aqua Power Systems
- RiAlAiR Group
- Phinergy Marine
- EverZinc Group SA
- Cegasa Energía, S.L.U.
The
report covers the below scope:
- Global Metal-air Battery Market
sizes from 2020 to 2025, along with CAGR for 2020-2025
- Market size comparison for 2019 vs
2025, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2025
- Global Metal-air Battery Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Metal-air
Battery Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
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.
Why to
Buy this Report:
- Gain detailed insights on the Metal-air Battery
industry trends
- Find complete analysis on the
market status
- Identify the Metal-air Battery
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
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and Paid Customization based on the requirement