Metal-air Battery Market Growth: Phinergy, EnerVenue, Metalectrique at the Forefront of 13.4% CAGR
Metal-Air Battery Market to Reach $1.27 Billion by 2030, Driven by Electric Vehicles and Renewable Energy
Market Overview:
The global metal-air battery market is poised for significant growth, with a projected value of $1.27 billion by 2030, driven by a CAGR of 13.4% during the forecast period (2024-2030). This surge is fueled by the growing demand for high-energy density and long-duration energy storage solutions, particularly in electric vehicles (EVs) and renewable energy integration.
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Report Scope:
This comprehensive report offers a detailed analysis of the global metal-air battery market, including:
- Market size and forecast by segment (metal, type, end user, application, and region)
- Market dynamics: drivers, restraints, opportunities, and challenges
- Competitive landscape: key players, market share, and competitive strategies
- Technological advancements and future trends
Research Methodology:
The research methodology utilized a combination of primary and secondary data sources, including interviews with industry experts and key players, analysis of industry publications, government reports, and company filings.
Segmentation and Regional Insights:
By Metal:
- Aluminum batteries currently dominate the market due to their high energy density and potential applications in EVs and portable electronics.
- Zinc batteries are gaining traction due to their lower cost and wider availability of materials.
- Iron and lithium batteries offer promising alternatives with their unique properties.
By Type:
- Secondary batteries hold a larger share due to their rechargeable nature and longer lifespan.
- Primary batteries are preferred for specific applications due to their low cost and simplicity.
By End User:
- The automotive sector represents the largest and fastest-growing end-user segment, driven by the demand for EVs with extended driving ranges.
- Renewable energy is another key segment, where metal-air batteries offer long-duration storage solutions for intermittent sources like solar and wind.
- Consumer electronics and other sectors also hold potential for niche applications.
By Application:
- Electric vehicles and grid energy storage are the leading application segments, utilizing metal-air batteries for their high energy density and long-duration capabilities.
- Portable electronics and other applications offer opportunities for specialized battery designs.
By Region:
- Asia Pacific currently holds the highest market share due to its large population, rapid urbanization, and supportive government policies, particularly in China.
- North America and Europe are expected to experience significant growth due to their focus on clean
Metal-air Battery Market, Key Players are
1. Phinergy
2. EnerVenue
3. Metalectrique
4. Blue Solutions (Bolloré Group)
5. Fuji Pigment Co. Ltd.
6. NantEnergy
7. Zinc8 Energy Solutions Inc.
8. ZincFive Inc.
9.Aquion Energy
10. Log 9 Materials
11. Advano
12. Oxis Energy
13. PolyPlus Battery Company
14. Fluidic Energy
15. Renova Energy
16. Renewance Inc.
17. Hitachi Chemical
18. XNRGI
19. Gridtential Energy
20. EnZinc
21. Nantong Jianghai Capacitor Co., Ltd.
22. Power Air Corporation
23. Albufera Energy Storage
24. Net Power Systems
25. Air Electro Power Systems
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