The report "Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027" The metal-air battery market is projected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% during the forecast period. The escalated need for high energy density solutions and the inherent properties of metal-air batteries are key factors boosting the growth of the market.
• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90446479
Browse 150 market data Tables and 54 Figures spread through 187 Pages and in-depth TOC on "Metal-air
Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type
(Primary, Secondary), Application (Electric Vehicles, Military
Electronics, Electronic Devices, Stationary Power) and Region - Global
Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/metal-air-battery-market-90446479.html
By metal, zinc segment is estimated to lead metal-air battery market in 2022.
Zinc-air batteries have high energy density but low power. These batteries are generally primary batteries; however, rechargeable designs for high-power applications are being developed that can be recharged by replenishing the zinc anode and electrolyte. Zinc-air batteries with high volume energy densities have the advantage of low cost and high safety. Electronic devices are expected to continue to lead the global zinc-air battery market during the forecast period. Non-rechargeable zinc-air batteries are popular for their high energy density. Developments carried out by market participants in rechargeable zinc-air batteries could make these batteries an ideal solution for other applications such as wearable devices and consumer electronics.
By application, electronic devices segment is estimated to account for largest market share during forecast period.
By application, the electronic devices segment accounted for the largest share of the metal-air battery market in 2021. Metal-air batteries are increasingly used in electronic devices due to the increased demand for safe, eco-friendly, cost-effective, and efficient energy storage solutions. Metal-air batteries are in high demand for electronic devices such as hearing aids and watches because they offer better durability and more energy storage than other batteries.
Asia Pacific estimated to lead metal-air battery market from 2022 to 2027.
Asia Pacific is estimated to account for the largest share of the metal-air battery market in 2022 owing to technological advancements in the wearable device and consumer electronics sectors in this region. The major manufacturers of wearable devices and consumer electronics based in the region, such as Samsung (South Korea), LG Electronics (South Korea), and Panasonic (Japan), are developing next-generation flexible devices. These devices require power sources that are not only small but also have high energy density to complement the product design; these requirements are fulfilled by metal-air batteries.
GP Batteries International (Hong Kong), Arotech Corporation (US), Energizer Holdings (US), Duracell (US), and Renata SA (Switzerland) are major players in the metal-air battery market globally.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently, servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
No comments:
Post a Comment