According to IMARC Group’s latest report, titled “Air Electrode Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market exhibited strong growth during 2015-2020. An air electrode battery refers to an eco-friendly ion battery that is characterized by an excellent storage capacity and superior electrochemical performance. Generally, it consists of an anode, air-breathing cathode, alkaline electrolyte and a separator. It provides stable discharge voltage, longer shelf life and high energy density.
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The global market is primarily driven by the rising environmental concerns among the masses. Moreover, the widespread adoption of air electrode batteries in the manufacturing of electric vehicles (EVs) is also providing an impetus to the market growth. Along with this, significant advancements and continual product innovations are creating a positive outlook for the market. For instance, the increasing usage of nanomaterials to launch three-dimensional (3D) electrodes with improved kinetic energy is anticipated to provide an impetus to the market growth. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are influencing the market growth further. Looking forward, IMARC Group expects the global air electrode battery market to grow at a CAGR of around 8% during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- BASF SE
- Camelion Batterien GmbH
- Duracell Inc. (Berkshire Hathaway)
- LG Chem Ltd.
- Maxell Ltd.
- NEXcell Battery Co. Ltd
- Panasonic Corporation
- Phinergy
- PolyPlus Battery Company Inc.
- Sony Corporation
- Volkswagen AG
- ZAF Energy Systems INC.
Market Segmentation:
Breakup by Battery Type:
- Primary Rechargeable
- Secondary Rechargeable
- Fuel Cells
Breakup by Application:
- Medical Devices
- Transportation
- Military Devices
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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