The global metal air batteries market reached $453.1 million in 2013. This market is expected to grow to $1.7 billion in 2018, with a compound annual growth rate (CAGR) of 31.0%.
This report provides:
An overview of the global market for metal-air batteries. Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018. Analysis of the market in terms of industry organization, key market drivers and limiters, marketing and business strategies, environmental considerations, and governmental involvement Relevanat patent analysis Comprehensive profiles of leading companies in the industry.
STUDY GOALS AND OBJECTIVE
This study provides a comprehensive analysis of the global metal-air batteries market. Metal-air batteries represent a relatively new technology among all the different battery technologies. This study describes the technology in detail and analyzes a selection of metals employed in air-batteries with a focus on zinc, lithium, aluminum and magnesium.The product life cycle is at the introduction stage and the market potential is enormous. Increase in fossil fuel price accompanied by new regulations and increase in the use of renewable energy sources will drive the market of electric vehicles and energy storage. The switch to battery for both grid energy storage and vehicles requires new standards and regulations, thus imposing new marketing tactics, strategic alliances, innovative business models and research and development (R&D) outsourcing paradigms.This report addresses the drivers and limiters of this new model and offers an exhaustive analysis of the metal-air batteries market.
REASON FOR DOING THE STUDY
The use of renewable energy storage technologies and electric vehicles will result in the transformation of modern society in response to the increase in fossil fuel prices and to environmental concerns. Batteries are considered the most common device to store energy, but because of poor efficiency and high cost, their market is relatively limited. In the current market, energy is more expensive to store than to generate. Metal-air batteries respond to the need for high-energy density systems with low maintenance and long life. The report analyzes the market of metal-air batteries including historical sales in 2012 and 2013. Sales are forecast through 2018.This study is an invaluable instrument for understanding the ways in which energy storage and the electric vehicles market are rapidly changing by forming new paradigms and marketing strategies. The market is characterized by the creation of partnerships, collaborations and mergers and acquisitions (M&A). Batteries for energy storage are great companions for the smart grid. Small- to medium-sized start-ups and academic institutions do the heavy lifting of research and development, but big companies are now taking an interest in this technology as well. Governments regulate the market.Metal-air batteries still represent a niche market. However, thanks to the huge energy density of the cells and exceptionally low weight of the modules, they offer outstanding characteristics compared to any other technology known today.
SCOPE OF THE REPORT
The scope of this report is to describe and compare the numerous battery technologies available on the market, with a focus on the characteristics of metal-air cells. Each technology comes with tradeoffs and the report analyzes costs, benefits, drawbacks and applications of metal-air cells, compared to other technologies. Ample space is given to the state of the art of this technology. A discussion of the properties of different metals applied to metal-air cells (zinc, lithium, aluminum, magnesium, sodium and iron) is also provided. Since it is at its infancy, the metal-air batteries market is now mostly a small niche for medical devices. However, because of their unique characteristics (massive energy density and light weight), they have been developed for electric-vehicles and as energy storage devices for the electric grid. The global market will increase at a 31% compound annual growth rate through 2018.
Profiles of key market players and small startups are also included. Major products that generate revenues, as well as the most-valuable R&D products that will come on the market up to 2018 are provided.In-depth competitive market analysis is discussed, with examples of how new products will enter the market or how existing products will survive or perish. The report also includes a very detailed description of current and future technologies for the fabrication of metal-air cells.
The report is intended for professionals in the energy generation and storage market, the chemical industry, engineering, government agencies and venture capital firms.Additional professionals who may benefit from reading this report include analysts, sales and marketing representatives, R&D personnel, business development and corporate strategists. Investment firms will gain invaluable information concerning risks and opportunities encountered in the field.The report provides valuable insights and guidance for strategic marketing planning including drivers, impediments, and sales growth opportunities.
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