Summary

The metal-air battery market size is anticipated to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% from 2022 to 2027. Growing demand for high-energy density storage solutions and the significant shift towards zinc-air batteries in electronic devices are some of the major factors propelling the growth of this market.

“By type, secondary segment led metal-air battery market in 2021”
Secondary metal-air batteries are rechargeable batteries. They can be recharged electrically or mechanically (simply by replacing the metal anode in the battery). These batteries are more expensive compared to single-use batteries, but they have less environmental impact as they can be recycled instead of getting disposed of. These batteries are cost-effective over the long term as they have a higher discharge rate and higher energy density.

“By application, stationary power segment estimated to lead metal-air battery market from 2022 to 2027”
The energy industry has been investing in metal-air batteries preferably zinc-air and aluminum-air as a next-generation sustainable solution for grid energy storage. Energy storage systems have eventually evolved to assure energy transmission during the disruptions of grid services and blackouts. Metal-air batteries can be used as energy storage devices or as effective stations of energy transfer for renewable energy producers. Due to their high scalability and energy density, metal-air batteries can be used in large-scale stationary energy storage applications preferably in combination with renewable wind or solar power systems to compensate for the intermittent nature of these renewable power sources. The potential for stationary energy storage to transform the electric power industry is anticipated to propel the development of emerging storage technologies that include metal-air batteries.
“Germany to dominate European metal-air battery market from 2022 to 2027”
Germany accounted for the largest share of the overall metal-air battery market in Europe in 2021. The market in this country is also expected to witness growth during the forecast period due to favorable government initiatives to develop metal-air battery technology and the need for clean, high-capacity, low-cost, green battery technologies for electric vehicles. Zinc-air batteries have received significant interest in recent years as one of the next-generation battery technologies that will probably replace current lithium-ion technologies. The increased demand for efficient, high-performance, eco-friendly, and safe energy storage solutions is driving the development of zinc-air battery technology.

Break-up of the profiles of primary participants:
By Company Type – Tier 1 – 25%, Tier 2 – 35%, and Tier 3 – 40%
By Designation – C-level Executives – 35%, Directors – 40%, and Others – 25%
By Region – North America - 30%, Europe – 20%, Asia Pacific – 45%, and RoW – 10%

Research Coverage:

The metal-air battery market has been segmented into metal, voltage, type, application, and region. The market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Reasons to buy the report:
Illustrative segmentation, analysis, and forecast of the market based on metal, voltage, type, application, and region have been conducted to give an overall view of the metal-air battery market.
A value chain analysis has been performed to provide in-depth insights into the metal-air battery market.
The key drivers, restraints, opportunities, and challenges pertaining to the metal-air battery market have been detailed in this report.
The report includes a detailed competitive landscape of the market, along with key players, as well as an in-depth analysis of their revenues.

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Table of Contents

1 INTRODUCTION 26 1.1 STUDY OBJECTIVES 26 1.2 DEFINITION AND SCOPE 26 1.3 INCLUSIONS AND EXCLUSIONS 27 1.4 STUDY SCOPE 27 1.4.1 MARKETS COVERED 27 FIGURE 1 METAL-AIR BATTERY MARKET: SEGMENTATION 27 1.4.2 YEARS CONSIDERED 28 1.5 CURRENCY CONSIDERED 28 1.6 STAKEHOLDERS 28 1.7 SUMMARY OF CHANGES 29 2 RESEARCH METHODOLOGY 30 2.1 RESEARCH DATA 30 FIGURE 2 METAL-AIR BATTERY MARKET: RESEARCH DESIGN 30 2.1.1 SECONDARY DATA 31 2.1.1.1 Major secondary sources 31 2.1.1.2 Key data from secondary sources 32 2.1.2 PRIMARY DATA 32 2.1.2.1 Primary interviews with experts 32 2.1.2.2 Key data from primary sources 33 2.1.2.3 Breakdown of primaries 33 2.1.3 SECONDARY AND PRIMARY RESEARCH 34 2.1.3.1 Key industry insights 35 2.2 MARKET SIZE ESTIMATION 35 2.2.1 BOTTOM-UP APPROACH 36 2.2.1.1 Approach for arriving at market size through bottom-up analysis (demand side) 36 FIGURE 3 BOTTOM-UP APPROACH 36 2.2.2 TOP-DOWN APPROACH 37 2.2.2.1 Approach for arriving at market size through top-down analysis (supply side) 37 FIGURE 4 TOP-DOWN APPROACH 37 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 37 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 38 FIGURE 6 DATA TRIANGULATION 38 2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 39 2.4.1 RESEARCH ASSUMPTIONS 39 FIGURE 7 ASSUMPTIONS FOR RESEARCH STUDY 39 2.4.2 LIMITATIONS 39 2.5 RISK ASSESSMENT 39 3 EXECUTIVE SUMMARY 40 FIGURE 8 GLOBAL METAL-AIR BATTERY MARKET, 2018–2027 40 FIGURE 9 ZINC-AIR BATTERIES TO HOLD LARGEST MARKET SHARE DURING 2022–2027 41 FIGURE 10 SECONDARY BATTERY SEGMENT ACCOUNTED FOR LARGER MARKET SHARE FOR METAL-AIR BATTERIES IN 2022 41 FIGURE 11 METAL-AIR BATTERY MARKET FOR ELECTRONIC DEVICES TO ACCOUNT FOR LARGEST SHARE BY 2027 42 FIGURE 12 ASIA PACIFIC HELD LARGEST SHARE OF METAL-AIR BATTERY MARKET IN 2021 43 4 PREMIUM INSIGHTS 44 4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR KEY PLAYERS IN METAL-AIR BATTERY MARKET 44 FIGURE 13 INCREASING ADOPTION OF ELECTRONIC DEVICES TO FOSTER DEMAND FOR METAL-AIR BATTERIES 44 4.2 METAL-AIR BATTERY MARKET, BY METAL 44 FIGURE 14 ZINC-AIR BATTERIES TO HOLD LARGEST MARKET SHARE BY 2027 44 4.3 METAL-AIR BATTERY MARKET, BY APPLICATION AND METAL 45 FIGURE 15 ELECTRONIC DEVICES AND ZINC TO BE LARGEST SHAREHOLDERS IN METAL-AIR BATTERY MARKET BY 2027 45 4.4 METAL-AIR BATTERY MARKET, BY VOLTAGE 45 FIGURE 16 LOW VOLTAGE METAL-AIR BATTERIES TO DOMINATE MARKET DURING FORECAST PERIOD 45 4.5 METAL-AIR BATTERY MARKET, BY REGION 46 FIGURE 17 MARKET IN GERMANY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 46 5 MARKET OVERVIEW 47 5.1 INTRODUCTION 47 5.2 MARKET DYNAMICS 47 FIGURE 18 METAL-AIR BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47 5.2.1 DRIVERS 48 5.2.1.1 Growth in demand for high energy-density storage solutions and inherent properties of metal-air batteries 48 TABLE 1 ELECTROCHEMICAL REACTIONS ASSOCIATED WITH VARIOUS METAL-AIR BATTERIES AND THEIR CORRESPONDING THEORETICAL ENERGY AND VOLTAGE 48 5.2.1.2 Increase in use of zinc-air batteries in electronic devices 49 5.2.1.3 Global shift toward green-energy sources 49 FIGURE 19 METAL-AIR BATTERY MARKET: IMPACT ANALYSIS OF DRIVERS 50 5.2.2 RESTRAINTS 50 5.2.2.1 Absence of proper standards for developing metal-air batteries 50 5.2.2.2 Massive deployment of lithium-ion batteries to divert focus from metal-air batteries 50 FIGURE 20 METAL-AIR BATTERY MARKET: IMPACT ANALYSIS OF RESTRAINTS 51 5.2.3 OPPORTUNITIES 51 5.2.3.1 Newer applications of metal-air batteries apart from electric vehicles 51 5.2.3.2 Substantial growth in demand for electric vehicles 52 FIGURE 21 METAL-AIR BATTERY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 53 5.2.4 CHALLENGES 53 5.2.4.1 Corrosion between electrolyte and anode in zinc-air batteries 53 5.2.4.2 Rapid discharging of aluminum- and magnesium-air batteries 53 FIGURE 22 METAL-AIR BATTERY MARKET: IMPACT ANALYSIS OF CHALLENGES 54 5.3 VALUE CHAIN ANALYSIS 54 FIGURE 23 VALUE CHAIN ANALYSIS: METAL-AIR BATTERY MARKET 54 5.4 ECOSYSTEM ANALYSIS 56 FIGURE 24 METAL-AIR BATTERY MARKET: ECOSYSTEM 56 TABLE 2 METAL-AIR BATTERY MARKET PLAYERS: ROLE IN ECOSYSTEM 57 5.5 PRICING ANALYSIS 58 5.5.1 ASP ANALYSIS OF KEY PLAYERS 58 FIGURE 25 ASP OF ZINC-AIR BATTERIES BASED ON CAPACITY 58 TABLE 3 APPROXIMATE AVERAGE SELLING PRICES OF ZINC-AIR BATTERIES BASED ON CAPACITY, BY COMPANY (USD) 58 5.5.2 ASP TREND 59 TABLE 4 AVERAGE SELLING PRICES OF METAL-AIR BATTERIES 59 5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS 59 FIGURE 26 REVENUE SHIFT IN METAL-AIR BATTERY MARKET 60 5.7 TECHNOLOGY ANALYSIS 60 5.7.1 SODIUM-SULFUR BATTERIES 60 5.7.2 COBALT-FREE BATTERIES 60 5.7.3 SILICON-AIR BATTERIES 60 5.7.4 LIQUID-METAL BATTERIES 61 5.8 PORTER’S FIVE FORCES ANALYSIS 61 TABLE 5 METAL-AIR BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS 61 5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 62 5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 62 FIGURE 27 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR THREE MAJOR APPLICATIONS 62 TABLE 6 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR THREE MAJOR APPLICATIONS (%) 63 5.9.2 BUYING CRITERIA 63 FIGURE 28 KEY BUYING CRITERIA FOR THREE MAJOR APPLICATIONS 63 TABLE 7 KEY BUYING CRITERIA FOR THREE MAJOR APPLICATIONS 63 5.10 CASE STUDY ANALYSIS 64 TABLE 8 ZINC8 ENERGY SOLUTIONS PROVIDED ZINC-AIR ENERGY STORAGE SYSTEM TO HELP POWER NEW YORK APARTMENT BUILDING 64 TABLE 9 ZINC8 ENERGY SOLUTIONS PROVIDED ZINC-AIR TECHNOLOGY TO OVERCOME DECARBONIZATION CHALLENGES IN NEW YORK CITY 64 5.11 TRADE ANALYSIS 65 5.11.1 IMPORT SCENARIO 65 FIGURE 29 IMPORTS, BY KEY COUNTRIES, 2017–2021 (USD MILLION) 65 5.11.2 EXPORT SCENARIO 66 FIGURE 30 EXPORTS, BY KEY COUNTRIES, 2017–2021 (USD MILLION) 66 5.12 PATENT ANALYSIS 67 FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS (2012–2021) 67 TABLE 10 TOP 20 PATENT OWNERS IN US (2012–2021) 67 FIGURE 32 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2021 68 TABLE 11 LIST OF FEW PATENTS IN METAL-AIR BATTERY MARKET 68 5.13 KEY CONFERENCES AND EVENTS (2022–2023) 70 TABLE 12 METAL-AIR BATTERY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 70 5.14 REGULATORY LANDSCAPE 71 5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO METAL-AIR BATTERIES 71 TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71 TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72 TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73 5.14.2 STANDARDS AND REGULATIONS RELATED TO METAL-AIR BATTERIES 73 TABLE 16 NORTH AMERICA: SAFETY STANDARDS FOR METAL-AIR BATTERY MARKET 74 TABLE 17 EUROPE: SAFETY STANDARDS FOR METAL-AIR BATTERY MARKET 74 TABLE 18 ASIA PACIFIC: SAFETY STANDARDS FOR METAL-AIR BATTERY MARKET 75 6 COMPONENTS OF METAL-AIR BATTERIES 76 6.1 INTRODUCTION 76 FIGURE 33 COMPONENTS OF METAL-AIR BATTERIES 76 6.2 ANODE 76 6.3 CATHODE 77 6.4 ELECTROLYTE 77 6.5 OTHERS 77 7 METAL-AIR BATTERY MARKET, BY METAL 78 7.1 INTRODUCTION 79 FIGURE 34 METAL-AIR BATTERY MARKET, BY METAL 79 FIGURE 35 ZINC-AIR BATTERY TO CONTRIBUTE LARGEST MARKET SHARE DURING FORECAST PERIOD 79 TABLE 19 METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 80 TABLE 20 METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 80 7.2 ZINC 81 7.2.1 SUBSTANTIAL APPLICATIONS IN ELECTRONIC DEVICES 81 TABLE 21 ZINC: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 81 TABLE 22 ZINC: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 82 TABLE 23 ZINC: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 82 TABLE 24 ZINC: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 82 7.3 LITHIUM 83 7.3.1 GREAT POWER SOLUTION FOR MILITARY APPLICATIONS 83 TABLE 25 LITHIUM: METAL-AIR BATTERY MARKET, BY APPLICATION, 2024–2027 (USD MILLION) 83 TABLE 26 LITHIUM: METAL-AIR BATTERY MARKET, BY REGION, 2024–2027 (USD MILLION) 84 7.4 ALUMINUM 84 7.4.1 INCREASING ADOPTION OF ELECTRIC VEHICLES TO ACCELERATE DEMAND 84 TABLE 27 ALUMINUM: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018−2021 (USD MILLION) 85 TABLE 28 ALUMINUM: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 85 TABLE 29 ALUMINUM: METAL-AIR BATTERY MARKET, BY REGION, 2018−2021 (USD MILLION) 85 TABLE 30 ALUMINUM: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 86 7.5 IRON 86 7.5.1 GROWING USE OF IRON-AIR BATTERIES OWING TO LOW COST, LONG OPERATIONAL LIFE, AND SAFE OPERATIONS 86 TABLE 31 IRON: METAL-AIR BATTERY MARKET, BY APPLICATION, 2023–2027 (USD MILLION) 86 TABLE 32 IRON: METAL-AIR BATTERY MARKET, BY REGION, 2023–2027 (USD MILLION) 87 7.6 OTHERS 87 TABLE 33 OTHERS: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 88 TABLE 34 OTHERS: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 88 TABLE 35 OTHERS: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 89 TABLE 36 OTHERS: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 89 8 METAL-AIR BATTERY MARKET, BY VOLTAGE 90 8.1 INTRODUCTION 91 FIGURE 36 METAL-AIR BATTERY MARKET, BY VOLTAGE 91 FIGURE 37 LOW-VOLTAGE BATTERIES TO LEAD METAL-AIR BATTERY MARKET IN 2022 91 TABLE 37 METAL-AIR BATTERY MARKET, BY VOLTAGE, 2018–2021 (USD MILLION) 92 TABLE 38 METAL-AIR BATTERY MARKET, BY VOLTAGE, 2022–2027 (USD MILLION) 92 8.2 LOW (<12 V) 92 8.2.1 SUBSTANTIAL APPLICATIONS IN ELECTRONIC DEVICES 92 8.3 MEDIUM (12–36 V) 93 8.3.1 GROWING DEMAND FOR REMOTE MONITORING AND MILITARY ELECTRONICS APPLICATIONS 93 8.4 HIGH (>36 V) 93 8.4.1 SIGNIFICANT USE IN ELECTRIC VEHICLES 93 9 METAL-AIR BATTERY MARKET, BY TYPE 94 9.1 INTRODUCTION 95 FIGURE 38 METAL-AIR BATTERY MARKET, BY TYPE 95 FIGURE 39 SECONDARY BATTERIES TO LEAD METAL-AIR BATTERY MARKET DURING FORECAST PERIOD 95 TABLE 39 METAL-AIR BATTERY MARKET, BY TYPE, 2018–2021 (USD MILLION) 96 TABLE 40 METAL-AIR BATTERY MARKET, BY TYPE, 2022–2027 (USD MILLION) 96 9.2 PRIMARY 96 9.2.1 PRIMARY BATTERIES HAVE SHORTER LIFE SPAN 96 9.3 SECONDARY 97 9.3.1 IMMENSE OPPORTUNITIES IN ELECTRIC VEHICLES 97 10 METAL-AIR BATTERY MARKET, BY APPLICATION 98 10.1 INTRODUCTION 99 FIGURE 40 METAL-AIR BATTERY MARKET, BY APPLICATION 99 FIGURE 41 ELECTRONIC DEVICES TO LEAD METAL-AIR BATTERY MARKET DURING FORECAST PERIOD 99 TABLE 41 METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 100 TABLE 42 METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 100 10.2 ELECTRIC VEHICLES 101 10.2.1 ANTICIPATED DEMAND FOR METAL-AIR BATTERIES DUE TO HIGH-POWER DENSITY AND THERMAL STABILITY 101 TABLE 43 ELECTRIC VEHICLES: METAL-AIR BATTERY MARKET, BY METAL, 2026–2027 (USD MILLION) 101 TABLE 44 ELECTRIC VEHICLES: METAL-AIR BATTERY MARKET, BY TYPE, 2026–2027 (USD MILLION) 101 TABLE 45 ELECTRIC VEHICLES: METAL-AIR BATTERY MARKET, BY REGION, 2026–2027 (USD MILLION) 102 10.3 MILITARY ELECTRONICS 102 10.3.1 METAL-AIR BATTERIES HAVE SIGNIFICANT APPLICATIONS IN COMMUNICATION DEVICES, RADIOS, AND GUIDED MISSILES 102 FIGURE 42 NORTH AMERICA TO HOLD LARGEST SHARE OF METAL-AIR BATTERY MARKET FOR MILITARY ELECTRONICS DURING 2022−2027 103 TABLE 46 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 103 TABLE 47 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 103 TABLE 48 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY TYPE, 2018–2021 (USD MILLION) 104 TABLE 49 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY TYPE, 2022–2027 (USD MILLION) 104 TABLE 50 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 104 TABLE 51 MILITARY ELECTRONICS: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 105 10.4 ELECTRONIC DEVICES 105 10.4.1 INCREASING ADOPTION OF ELECTRONIC DEVICES DUE TO HIGH OUTPUT, HIGH-ENERGY DENSITY, AND LOW DISCHARGING RATE 105 TABLE 52 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 106 TABLE 53 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 106 TABLE 54 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY TYPE, 2018–2021 (USD MILLION) 106 TABLE 55 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY TYPE, 2022–2027 (USD MILLION) 107 TABLE 56 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 107 TABLE 57 ELECTRONIC DEVICES: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 107 10.5 STATIONARY POWER 108 10.5.1 METAL-AIR BATTERIES USED FOR GRID-LEVEL ELECTRICAL ENERGY STORAGE 108 TABLE 58 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 108 TABLE 59 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 109 TABLE 60 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY TYPE, 2018–2021 (USD MILLION) 109 TABLE 61 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY TYPE, 2022–2027 (USD MILLION) 109 TABLE 62 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 110 TABLE 63 STATIONARY POWER: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 110 10.6 OTHERS 110 TABLE 64 OTHERS: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 111 TABLE 65 OTHERS: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 111 TABLE 66 OTHERS: METAL-AIR BATTERY MARKET, BY TYPE, 2018–2021 (USD MILLION) 111 TABLE 67 OTHERS: METAL-AIR BATTERY MARKET, BY TYPE, 2022–2027 (USD MILLION) 112 TABLE 68 OTHERS: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 112 TABLE 69 OTHERS: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 112 11 METAL-AIR BATTERY MARKET, BY REGION 113 11.1 INTRODUCTION 114 FIGURE 43 METAL-AIR BATTERY MARKET IN GERMANY TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 114 TABLE 70 METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 114 TABLE 71 METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 115 11.2 NORTH AMERICA 115 FIGURE 44 NORTH AMERICA: METAL-AIR BATTERY MARKET SNAPSHOT 116 TABLE 72 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 116 TABLE 73 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 117 TABLE 74 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 117 TABLE 75 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 118 TABLE 76 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 118 TABLE 77 NORTH AMERICA: METAL-AIR BATTERY MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 118 11.2.1 US 119 11.2.1.1 Government and private sector focusing on new energy storage technologies 119 11.2.2 CANADA 119 11.2.2.1 Growing investments in start-ups 119 11.2.3 MEXICO 120 11.2.3.1 Growing demand for electric vehicles 120 11.3 EUROPE 120 FIGURE 45 EUROPE: METAL-AIR BATTERY MARKET SNAPSHOT 121 TABLE 78 EUROPE: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 121 TABLE 79 EUROPE: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 122 TABLE 80 EUROPE: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 122 TABLE 81 EUROPE: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 123 TABLE 82 EUROPE: METAL-AIR BATTERY MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 123 TABLE 83 EUROPE: METAL-AIR BATTERY MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 123 11.3.1 UK 124 11.3.1.1 Government initiatives to promote metal-air batteries 124 11.3.2 FRANCE 124 11.3.2.1 France expected to hold significant share of European metal-air battery market 124 11.3.3 GERMANY 125 11.3.3.1 Country's automotive industry to drive metal-air battery market 125 11.3.4 REST OF EUROPE 125 11.4 ASIA PACIFIC 125 FIGURE 46 ASIA PACIFIC: METAL-AIR BATTERY MARKET SNAPSHOT 126 TABLE 84 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 126 TABLE 85 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 127 TABLE 86 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 127 TABLE 87 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 128 TABLE 88 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 128 TABLE 89 ASIA PACIFIC: METAL-AIR BATTERY MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 128 11.4.1 CHINA 129 11.4.1.1 Consumer electronics industry to support market growth 129 11.4.2 INDIA 129 11.4.2.1 Ongoing partnerships and collaborations among metal-air battery players 129 11.4.3 JAPAN 130 11.4.3.1 Growing focus on adoption of modern technologies and presence of major battery manufacturers 130 11.4.4 REST OF ASIA PACIFIC 130 11.5 ROW 130 TABLE 90 ROW: METAL-AIR BATTERY MARKET, BY METAL, 2018–2021 (USD MILLION) 131 TABLE 91 ROW: METAL-AIR BATTERY MARKET, BY METAL, 2022–2027 (USD MILLION) 131 TABLE 92 ROW: METAL-AIR BATTERY MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 131 TABLE 93 ROW: METAL-AIR BATTERY MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 132 TABLE 94 ROW: METAL-AIR BATTERY MARKET, BY REGION, 2018–2021 (USD MILLION) 132 TABLE 95 ROW: METAL-AIR BATTERY MARKET, BY REGION, 2022–2027 (USD MILLION) 132 11.5.1 MIDDLE EAST 133 TABLE 96 MIDDLE EAST: METAL-AIR BATTERY MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 133 TABLE 97 MIDDLE EAST: METAL-AIR BATTERY MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 133 11.5.1.1 UAE 133 11.5.1.1.1 UAE expected to account for largest market share in Middle East 133 11.5.1.2 Saudi Arabia 134 11.5.1.2.1 Government initiatives to promote clean energy 134 11.5.1.3 Rest of the Middle East 134 11.5.2 AFRICA 134 11.5.2.1 High emphasis on clean energy to stimulate market growth 134 11.5.3 SOUTH AMERICA 134 11.5.3.1 Foreign investments in energy sector 134 12 COMPETITIVE LANDSCAPE 135 12.1 OVERVIEW 135 12.2 STRATEGIES OF KEY PLAYERS/RIGHT-TO-WIN 135 TABLE 98 OVERVIEW OF STRATEGIES DEPLOYED BY KEY METAL-AIR BATTERY MANUFACTURERS 135 12.3 REVENUE ANALYSIS OF TOP COMPANIES 136 FIGURE 47 FIVE-YEAR COMPANY REVENUE ANALYSIS 136 12.4 MARKET SHARE ANALYSIS 136 TABLE 99 MARKET SHARE OF TOP FIVE PLAYERS IN METAL-AIR BATTERY MARKET, 2021 136 12.5 KEY COMPETITIVE EVALUATION QUADRANT 138 12.5.1 STARS 138 12.5.2 EMERGING LEADERS 138 12.5.3 PERVASIVE PLAYERS 138 12.5.4 PARTICIPANTS 138 FIGURE 48 METAL-AIR BATTERY MARKET (GLOBAL) KEY COMPANY EVALUATION QUADRANT, 2021 139 12.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021 140 12.6.1 PROGRESSIVE COMPANIES 140 12.6.2 RESPONSIVE COMPANIES 140 12.6.3 DYNAMIC COMPANIES 140 12.6.4 STARTING BLOCKS 140 FIGURE 49 METAL-AIR BATTERY MARKET (GLOBAL) SME EVALUATION QUADRANT, 2021 141 12.7 METAL-AIR BATTERY MARKET: COMPANY FOOTPRINT 142 TABLE 100 OVERALL COMPANY FOOTPRINT 142 TABLE 101 COMPANY METAL FOOTPRINT 143 TABLE 102 COMPANY APPLICATION FOOTPRINT 144 TABLE 103 COMPANY REGION FOOTPRINT 145 12.8 COMPETITIVE BENCHMARKING 146 TABLE 104 METAL-AIR BATTERY MARKET: LIST OF KEY START-UPS/SMES 146 TABLE 105 METAL-AIR BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 147 12.9 COMPETITIVE SCENARIO 147 TABLE 106 METAL-AIR BATTERY MARKET: PRODUCT LAUNCHES, 2021−2022 147 TABLE 107 METAL-AIR BATTERY MARKET: DEALS, 2019–2022 148   13 COMPANY PROFILES 149 (Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)* 13.1 KEY PLAYERS 149 13.1.1 GP BATTERIES INTERNATIONAL 149 TABLE 108 GP BATTERIES INTERNATIONAL: BUSINESS OVERVIEW 149 TABLE 109 GP BATTERIES INTERNATIONAL: PRODUCT/SERVICE/SOLUTION OFFERINGS 149 13.1.2 AROTECH CORPORATION 151 TABLE 110 AROTECH CORPORATION: BUSINESS OVERVIEW 151 TABLE 111 AROTECH CORPORATION: PRODUCT/SERVICE/SOLUTION OFFERINGS 151 13.1.3 ENERGIZER HOLDINGS 153 TABLE 112 ENERGIZER HOLDINGS: BUSINESS OVERVIEW 153 FIGURE 50 ENERGIZER HOLDING: COMPANY SNAPSHOT 154 TABLE 113 ENERGIZER HOLDINGS: PRODUCT/SERVICE/SOLUTION OFFERINGS 154 TABLE 114 ENERGIZER HOLDINGS INC: DEALS 155 13.1.4 DURACELL 156 TABLE 115 DURACELL: BUSINESS OVERVIEW 156 TABLE 116 DURACELL: PRODUCT/SERVICE/SOLUTION OFFERINGS 156 13.1.5 RENATA SA 158 TABLE 117 RENATA SA: BUSINESS OVERVIEW 158 TABLE 118 RENATA SA: PRODUCT/SERVICE/SOLUTION OFFERINGS 158 13.1.6 PHINERGY 160 TABLE 119 PHINERGY: BUSINESS OVERVIEW 160 TABLE 120 PHINERGY: PRODUCT/SERVICE/SOLUTION OFFERINGS 160 TABLE 121 PHINERGY: DEALS 161 13.1.7 LOG 9 MATERIALS 162 TABLE 122 LOG 9 MATERIALS: BUSINESS OVERVIEW 162 TABLE 123 LOG 9 MATERIALS: PRODUCT/SERVICE/SOLUTION OFFERINGS 162 TABLE 124 LOG 9 MATERIALS: DEALS 162 13.1.8 POLYPLUS BATTERY 164 TABLE 125 POLYPLUS BATTERY: BUSINESS OVERVIEW 164 TABLE 126 POLYPLUS BATTERY: PRODUCT/SERVICE/SOLUTION OFFERINGS 164 TABLE 127 POLYPLUS BATTERY: PRODUCT LAUNCHES 164 13.1.9 ZINC8 ENERGY SOLUTIONS 165 TABLE 128 ZINC8 ENERGY SOLUTIONS: BUSINESS OVERVIEW 165 TABLE 129 ZINC8 ENERGY SOLUTIONS: PRODUCT/SERVICE/SOLUTION OFFERINGS 165 TABLE 130 ZINC8 ENERGY SOLUTIONS: PRODUCT LAUNCHES 166 TABLE 131 ZINC8 ENERGY SOLUTIONS: DEALS 166 13.1.10 PANASONIC BATTERIES 167 TABLE 132 PANASONIC BATTERIES: BUSINESS OVERVIEW 167 TABLE 133 PANASONIC BATTERIES: PRODUCT/SERVICE/SOLUTION OFFERINGS 167 *Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 13.2 OTHER PLAYERS 168 13.2.1 AZA BATTERY 168 TABLE 134 AZA BATTERY: COMPANY OVERVIEW 168 13.2.2 CEGASA ENERGIA, S.L.U. 168 TABLE 135 CEGASA ENERGIA, S.L.U: COMPANY OVERVIEW 168 13.2.3 ENZINC 169 TABLE 136 ENZINC: COMPANY OVERVIEW 169 13.2.4 EVERZINC 169 TABLE 137 EVERZINC: COMPANY OVERVIEW 169 13.2.5 EXCELLATRON SOLID STATE 170 TABLE 138 EXCELLATRON SOLID STATE: COMPANY OVERVIEW 170 13.2.6 E-ZINC 170 TABLE 139 E-ZINC: COMPANY OVERVIEW 170 13.2.7 GUANGDONG TIANQIU ELECTRONICS TECHNOLOGY 171 TABLE 140 GUANGDONG TIANQIU ELECTRONICS TECHNOLOGY: COMPANY OVERVIEW 171 13.2.8 ISKRA 171 TABLE 141 ISKRA: COMPANY OVERVIEW 171 13.2.9 MAG ONE PRODUCTS 172 TABLE 142 MAG ONE PRODUCTS: COMPANY OVERVIEW 172 13.2.10 MAL RESEARCH AND DEVELOPMENT 172 TABLE 143 MAL RESEARCH AND DEVELOPMENT: COMPANY OVERVIEW 172 13.2.11 PHINERGY MARINE 173 TABLE 144 PHINERGY MARINE: COMPANY OVERVIEW 173 13.2.12 RIALAIR 173 TABLE 145 RIALAIR: COMPANY OVERVIEW 173 13.2.13 THUNDERZEE 174 TABLE 146 THUNDERZEE: COMPANY OVERVIEW 174 13.2.14 ZAF ENERGY SYSTEMS 174 TABLE 147 ZAF ENERGY SYSTEMS: COMPANY OVERVIEW 174 13.2.15 ZENIPOWER 175 TABLE 148 ZENIPOWER: COMPANY OVERVIEW 175 14 ADJACENT MARKET 176 14.1 BATTERY ENERGY STORAGE SYSTEM MARKET 176 14.2 INTRODUCTION 176 FIGURE 51 BATTERY ENERGY STORAGE SYSTEM MARKET, BY ELEMENT 176 FIGURE 52 BATTERY SEGMENT TO HOLD LARGER SHARE OF BATTERY ENERGY STORAGE SYSTEM MARKET DURING FORECAST PERIOD 177 TABLE 149 BATTERY ENERGY STORAGE SYSTEM MARKET, BY ELEMENT, 2018–2021 (USD MILLION) 177 TABLE 150 BATTERY ENERGY STORAGE SYSTEM MARKET, BY ELEMENT, 2022–2027 (USD MILLION) 177   14.3 BATTERY 178 14.3.1 BATTERY SELECTION IS CRUCIAL FOR DEVELOPMENT OF BATTERY ENERGY STORAGE SYSTEMS 178 FIGURE 53 CRITERIA FOR BATTERY SELECTION 178 14.4 OTHER ELEMENTS 179 14.4.1 HARDWARE 179 14.4.1.1 Power conversion systems and battery management systems are essential components 179 FIGURE 54 LAYOUT OF BATTERY ENERGY STORAGE SYSTEM 180 14.4.2 OTHERS 180 14.4.2.1 Before commissioning BESS, EPC and development services are essential 180 15 APPENDIX 181 15.1 INSIGHTS OF INDUSTRY EXPERTS 181 15.2 DISCUSSION GUIDE 182 15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 184 15.4 AVAILABLE CUSTOMIZATIONS 186 15.5 RELATED REPORTS 186 15.6 AUTHOR DETAILS 187