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Pulished Date February, 2021
ID: 11112
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Air Electrode Battery Market – Segmented By Battery Type (Primary, Secondary and Fuel Cell), By Application (Medical Devices and Transportation), and Region - Industry Forecast | 2021 to 2026

Pulished: February, 2021
ID: 11112
Pages: 175

Air Electrode Battery Market Value and Growth:

The worldwide industry for air electrode batteries was predicted of a value at USD 1.43 billion in the year 2021 and is predicted to raise at a current compound annual expansion rate (CAGR) of 9.2% from the years 2021 to 2026.

Air electrode batteries are made primarily of a porous air cathode, which retains the oxygen gas separated from the metal anode by an electrolyte that can be in solid, liquid or gaseous form. Air electrode batteries are relatively safe to use, transport, store and dispose of. Among air electrode batteries, zinc-air batteries represent a safe, economical and minor environmental impact and a relatively simple way to supply and store electrical energy for portable stationary devices and electric vehicles. In addition, air electrode batteries are also of great imminent interest for smart grid energy production and storage. Air electrode battery technology is predicted to replace ion-based technology in the coming years.

Air Electrode Battery Market Trends:

The call in the world market for air electrode batteries has increased due to advances in electronics and semiconductors. Air electrode batteries have become popular in the electronics industry due to the excellent performance of these batteries. The worldwide market call for air electrode batteries will continue to increase in the coming years as new advanced suppliers enter the market. The high electrochemical performance of air electrode batteries has benefited the world market.

Recent Developments in the Air Electrode Battery Market:

  • A new electrode design can generate more powerful batteries.
  • Arbin has a latest patented "3E" three electrode matching design made by and under license from General Motors. Arbin's new Coincell 3E provides users with an affordable and easy-to-use three-electrode cell holder that allows long-term cycling and provides consistent results between samples, speeding up the search for battery materials for EV applications.

Air Electrode Battery Market Drivers:

High energy density, cheap materials, availability and low cost are the main advantages that can drive the air electrode battery market. Additionally, the need to ensure flawless performance of electronic systems in industries has also highlighted air electrode batteries. Advancement in air electrode battery end-use industries is anticipated to drive expansion in the worldwide air electrode battery market. Taking the above-mentioned factors into consideration, the revenue index of the Air Electrode Battery market is predicted to improve in the coming years. The worldwide market for air electrode batteries has generated great revenue over the past decade. The easy availability of raw materials employed for the manufacture of air electrode batteries has driven the expansion of the worldwide air electrode battery market.

Air Electrode Battery Market Restraints:

Regulations and technology update are some of the limitations faced by the air electrode battery industry.

Opportunities in the Air Electrode Battery Market:

The need for energy storage and coherent electrical grids increases the call for air electrode battery production. Recent developments in the renewable energy sector such as wind and solar are predicted to increase the market call for air electrode batteries. The world market for air electrode batteries is predicted to grow at an enormous rate due to the splendid properties of such batteries. Furthermore, the need to ensure rapid discharge of ions in a battery has also led to the expansion of the worldwide market for air electrode batteries. The high energy density of air electrode batteries is also predicted to stink expansion in the worldwide market. In addition, the low production cost of air electrode batteries has recently become one of the main drivers of call in the world market. The use of air electrode batteries is anticipated to expand to a range of other industries in the coming years.

Challenges in the Air Electrode Battery Market:

Lower energy efficiency and shorter life cycle are among the main factors that can hamper market expansion. Additionally, the coronavirus outbreak has had a direct impact on the industry supply chain. Electrode material producers, raw material suppliers and battery manufacturers are estimated to be suffering a major setback, causing a delay in manufacturing and marketing activities for the market.

Air Electrode Battery Market Segmentation:

By battery type:

  • Primary
  • Secondary
  • Fuel cell

The secondary batteries segment had the highest share of revenues with 47.0% in 2021 due to its low production cost, high energy density and respect for the environment. Escalating call for electronic products, coupled with escalating adoption of electric vehicle technology, is predicted to support the segment's expansion over the foreseen period.

By application:

  • Medical devices
  • Transportation

The transportation segment had the largest share of 44.8% in 2021 and is predicted to grow at the fastest CAGR over the foreseen period due to the escalating adoption of fuel cell electric vehicles. Escalating air electrode fuel cell research and development, as well as government initiatives to drive EV adoption in the passenger and utility vehicle segment, are predicted to drive expansion in the segment over the next few years.

Air Electrode Battery Regional Analysis:

The Air Electrode Battery Market Report includes the segmentation of Regions:

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

Zinc reserves are high around the world, especially in countries such as China, Canada, Australia and the United States. China is predicted to remain one of the largest markets for air electrode batteries. China and other Asia-Pacific countries will continue to develop and invest rapidly in the air electrode battery market. Recent developments in battery technology in North America have increased the expansion of air electrode battery production. Norway and Germany are predicted to generate new technologies in the air electrode battery market. In addition, Japan is evaluating smart ways to store and distribute electrical energy with the integration of an air electrode battery. Market call for air electrode batteries in North America has increased steadily due to the wealth of the industrial sector in the United States and Canada. Additionally, the presence of a large electronics manufacturing base in China has driven market call in Asia Pacific. Europe, the Middle East and Africa are other key regional markets for air electrode batteries.

Impact of Covid-19 on Air Electrode Battery Market:

The battery industry has grown at an impressive rate over the past two decades, supported by the growing call for power from modern portable consumer electronics, electric vehicles, and the escalating adoption of intermittent renewable power generation. With the outbreak of the COVID-19 pandemic, there is a sharp drop in economic activity due to mandatory closures and other containment measures. According to the IMF's World Economic Outlook, released in June 2020, the world economy is predicted to register a GDP expansion rate of -4.9% in 2020. This will be a deterioration of 8.2% from January 2020. The effect of the COVID-19 on the power, automotive and battery businesses has already been profound.

Air Electrode Battery Market Key Players:

The Top Key Players include Phinergy, Hitachi Maxell Ltd., Volkswagen AG, AMPTRAN motor Corporation, Sanyo Electric Co., Ltd., BASF SE, Poly Plus Battery Co., Chem Co., Ltd., Changan Automobile Group, Arotech Corporation, Tesla Motors, BMW Ag, Bluecar Capricorn Venture Partners, Duracell, Daimler Ag Eos, General Motors, Hitachi Maxell Ltd., Honda Motor, Hyundai Motor, Mitsubishi Motors, Rayovac, Siepac, Sony Corporation, Terra Motors, Toyota Motor Corporation, Zaf Energy System, Fiat, Panasonic Energy, LG.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Air Electrode Battery Market, By Battery Type                            

                                6.1.1 Primary    

                                6.1.2 Secondary

                                6.1.3 Fuel Cell   

                                6.1.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.5 Y-o-Y Growth Rate Analysis              

                                6.1.6 Market Attractiveness Index           

                6.2 Air Electrode Battery Market, By Application               

                                6.2.1 Medical Devices   

                                6.2.2 Transportation      

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Battery Type    

                                7.2.3 By Application       

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Battery Type    

                                7.3.3 By Application       

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Battery Type    

                                7.4.3 By Application       

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Battery Type    

                                7.5.3 By Application       

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Battery Type    

                                7.6.3 By Application       

8. Key Player Analysis                                    

                8.1 Hitachi Maxell Ltd                    

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Volkswagen AG                        

                8.3 Phinergy                      

                8.4 BASF SE                        

                8.5 Sanyo Electric Co., Ltd                            

                8.6 Poly Plus Battery Co                

                8.7 Chem Co., Ltd                            

                8.8 Arotech Corporation                              

                8.9 Tesla Motors                             

                8.10 General Motors                     

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Air Electrode Battery Market By Region, From 2021-2026 ( USD Billion )
  2. Global Air Electrode Battery Market By Battery Type, From 2021-2026 ( USD Billion )
  3. Global Primary Market By Region, From 2021-2026 ( USD Billion )
  4. Global Secondary Market By Region, From 2021-2026 ( USD Billion )
  5. Global Fuel Cell Market By Region, From 2021-2026 ( USD Billion )
  6. Global Air Electrode Battery Market By Application, From 2021-2026 ( USD Billion )
  7. Global Medical Devices Market By Region, From 2021-2026 ( USD Billion )
  8. Global Transportation Market By Region, From 2021-2026 ( USD Billion )

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