Market Overview:
The global aluminum-air battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and rising concerns about climate change. Aluminum-air batteries are rechargeable and have a high energy density, making them suitable for use in electric vehicles. They also have a long life span, which makes them ideal for use in applications such as military and civil applications.
Product Definition:
An aluminum-air battery is a type of rechargeable battery that uses aluminum as the negative electrode and air as the positive electrode. The batteries are usually assembled in cylindrical cells with liquid or gelled electrolytes.
Aluminum-air batteries have high energy densities, about twice those of lithium ion cells, and can last for many years if properly stored.
Lead-acid batteries:
Lead-acid batteries are the most common type of battery used in automobiles. They are also used as backup power sources for electronic devices such as computers and cell phones. Lead-acid batteries can be categorized on the basis of their sizes, with sizes ranging from 1V to 20V and above 20V.
Ni-Cd:
The nickel-cadmium battery (NiCd) is a type of rechargeable battery that contains cadmium and nickel. The two metals are used as conductive elements in the electrolyte, which allows electrical current to flow between the terminals through the chemical reaction. NiCd batteries have a high power density and provide excellent energy storage capacity; however, they have lower electrochemical efficiency than lithium-ion batteries due to higher content of metal ions in their composition.
Application Insights:
The application segment includes military and civil. The military application dominated the overall market in terms of revenue share in 2017, accounting for over 50% of the total market. Increasing defense expenditure by countries such as China and India is expected to boost product demand from the military applications during the forecast period.
Increasing use of aluminum-air batteries in renewable energy systems such as wind turbines is projected to drive their demand from civil applications during the study period. Rising awareness regarding environment protection along with increasing government support for renewable energy sources are expected to propel their demand from civil applications over next seven years, especially across North America and Europe regions. Civilian aviation industry has been growing significantly owing to increasing investments by companies including Airbus SE & Boeing Co., Ltd., Embraer S Euipoeiros e Indus Técnicos Ltda.
Regional Analysis:
Asia Pacific aluminum-air battery market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for electric vehicles and growing renewable energy infrastructure in countries such as China, India, South Korea, Japan and Australia. In addition, rising government initiatives such as “Make in India†are expected to boost manufacturing activities across the country which will further drive product demand over the forecast period.
Europe was estimated at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account of rapid development of renewable energy infrastructure coupled with stringent government regulations regarding carbon emissions caused by conventional power plants operation.
Growth Factors:
- Increasing demand for electric vehicles: The global aluminum-air battery market is expected to grow at a CAGR of over 20% during the forecast period, owing to the increasing demand for electric vehicles. Aluminum-air batteries are more efficient than other types of batteries and can store more energy. This is driving the adoption of these batteries in electric vehicles, thereby propelling the growth of the aluminum-air battery market.
- Rising awareness about environment-friendly technologies: There is a growing awareness among consumers about environment-friendly technologies such as aluminum-air batteries. This is resulting in an increase in the adoption of these batteries, which is driving the growth of the global aluminum-air battery market.
- Development of advanced technology: The development and advancement of new technology has led to increased efficiency and performance levels for aluminum air cells, which in turn has resulted in an increase in their demand across different applications including automotive and aerospace industries globally .This technological advancement will continue to fuel growth opportunities for this market over next few years . 4) Growing investments by key players: Key players are investing heavily towards research & development activities with an aim to develop better performing products that can be used across various applications segments such as automotive & transportation , portable electronics etcetera .This will further spur innovation within this space leading to increased product differentiation 5) Stringent government regulations pertaining emissions from conventional IC engines : With ever stringent government regulations being put forth with regards emissions from conventional Internal
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum-Air Battery Market Research Report
By Type
Lead-acid batteries, Ni-Cd, MH-Ni, Zn-Air Battery, Lithium-ion Battery, Aluminum-air Battery
By Application
Military, Civil
By Companies
Phinergy, Alcoa, Fuji-pigment, Renault-Nissan, ACTXE, Zhongke Metal, JOINWORLD, ANYUAN, China Dynamics, Geely, Mingtai, Super New Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum-Air Battery Market Report Segments:
The global Aluminum-Air Battery market is segmented on the basis of:
Types
Lead-acid batteries, Ni-Cd, MH-Ni, Zn-Air Battery, Lithium-ion Battery, Aluminum-air Battery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civil
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Phinergy
- Alcoa
- Fuji-pigment
- Renault-Nissan
- ACTXE
- Zhongke Metal
- JOINWORLD
- ANYUAN
- China Dynamics
- Geely
- Mingtai
- Super New Power
Highlights of The Aluminum-Air Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lead-acid batteries
- Ni-Cd
- MH-Ni
- Zn-Air Battery
- Lithium-ion Battery
- Aluminum-air Battery
- By Application:
- Military
- Civil
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum-Air Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An aluminum-air battery is a type of rechargeable battery that uses the chemical reaction of aluminum and oxygen to create electricity.
Some of the major players in the aluminum-air battery market are Phinergy, Alcoa, Fuji-pigment, Renault-Nissan, ACTXE, Zhongke Metal, JOINWORLD, ANYUAN, China Dynamics, Geely, Mingtai, Super New Power.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aluminum-Air Battery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aluminum-Air Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aluminum-Air Battery Market - Supply Chain
4.5. Global Aluminum-Air Battery Market Forecast
4.5.1. Aluminum-Air Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aluminum-Air Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aluminum-Air Battery Market Absolute $ Opportunity
5. Global Aluminum-Air Battery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aluminum-Air Battery Market Size and Volume Forecast by Type
5.3.1. Lead-acid batteries
5.3.2. Ni-Cd
5.3.3. MH-Ni
5.3.4. Zn-Air Battery
5.3.5. Lithium-ion Battery
5.3.6. Aluminum-air Battery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aluminum-Air Battery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aluminum-Air Battery Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Civil
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aluminum-Air Battery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aluminum-Air Battery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aluminum-Air Battery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aluminum-Air Battery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aluminum-Air Battery Demand Share Forecast, 2019-2026
9. North America Aluminum-Air Battery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aluminum-Air Battery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aluminum-Air Battery Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Civil
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aluminum-Air Battery Market Size and Volume Forecast by Type
9.7.1. Lead-acid batteries
9.7.2. Ni-Cd
9.7.3. MH-Ni
9.7.4. Zn-Air Battery
9.7.5. Lithium-ion Battery
9.7.6. Aluminum-air Battery
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aluminum-Air Battery Demand Share Forecast, 2019-2026
10. Latin America Aluminum-Air Battery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aluminum-Air Battery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aluminum-Air Battery Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Civil
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aluminum-Air Battery Market Size and Volume Forecast by Type
10.7.1. Lead-acid batteries
10.7.2. Ni-Cd
10.7.3. MH-Ni
10.7.4. Zn-Air Battery
10.7.5. Lithium-ion Battery
10.7.6. Aluminum-air Battery
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aluminum-Air Battery Demand Share Forecast, 2019-2026
11. Europe Aluminum-Air Battery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aluminum-Air Battery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aluminum-Air Battery Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Civil
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aluminum-Air Battery Market Size and Volume Forecast by Type
11.7.1. Lead-acid batteries
11.7.2. Ni-Cd
11.7.3. MH-Ni
11.7.4. Zn-Air Battery
11.7.5. Lithium-ion Battery
11.7.6. Aluminum-air Battery
11.8. Basis oint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aluminum-Air Battery Demand Share, 2019-2026
12. Asia Pacific Aluminum-Air Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aluminum-Air Battery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aluminum-Air Battery Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Civil
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aluminum-Air Battery Market Size and Volume Forecast by Type
12.7.1. Lead-acid batteries
12.7.2. Ni-Cd
12.7.3. MH-Ni
12.7.4. Zn-Air Battery
12.7.5. Lithium-ion Battery
12.7.6. Aluminum-air Battery
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aluminum-Air Battery Demand Share, 2019-2026
13. Middle East & Africa Aluminum-Air Battery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aluminum-Air Battery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aluminum-Air Battery Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Civil
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aluminum-Air Battery Market Size and Volume Forecast by Type
13.7.1. Lead-acid batteries
13.7.2. Ni-Cd
13.7.3. MH-Ni
13.7.4. Zn-Air Battery
13.7.5. Lithium-ion Battery
13.7.6. Aluminum-air Battery
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aluminum-Air Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aluminum-Air Battery Market: Market Share Analysis
14.2. Aluminum-Air Battery Distributors and Customers
14.3. Aluminum-Air Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Phinergy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alcoa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fuji-pigment
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Renault-Nissan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ACTXE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhongke Metal
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JOINWORLD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ANYUAN
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Dynamics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Geely
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mingtai
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Super New Power
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook