Batteries represent the major component for the next generation of grid energy storage and green vehicles, owing to their significantly high energy density compared to super capacitors that have a higher power density. Air electrode battery simplifies the design and increases the energy density of the fuel cell, although use of lithium as a metal will increase the energy output. Integration of nano-materials in air electrode battery makes it possible to design three dimensional electrodes with improved energy efficiency and kinetics. Air electrode battery has the potential to achieve the highest specific energy of existing battery technology. Air electrode batteries primarily consist of porous air cathode, which holds oxygen gas segregated from the metal anode by an electrolyte that may be in solid, liquid or gaseous form. Air electrode batteries are relatively safe in use, transportation, storage, and disposal. Among air electrode batteries, zinc air batteries represents a safe, low cost, less environmental impacts and relatively effortless way to deliver and store electrical energy for portable stationary devices and electric vehicles. Furthermore, air electrode batteries are also of huge impending interest for smart grid energy production and storage. Air electrode battery technology is expected to replace the ion based technology in the coming years.
Air electrode battery market can be segmented based on technology. Primary rechargeable system (electrical and mechanical), secondary rechargeable system (electrical) and fuel cells are some technologies based on which air electrode batteries are classified. Primary rechargeable system are considered to be one of the well established technologies in terms of efficiency and minimum side effects happening during charging process such as deterioration of air electrode. In addition, electrodes are most commonly employed in electrically rechargeable air battery. Zinc air electrode batteries are of huge interest since they can be safer, cheaper and environmentally friendly than rest of the battery technologies. Also, zinc air electrode batteries zinc–air batteries are composed of some of the three main components: zinc anode, alkaline electrolyte and air cathode.
Zinc reserves are high around the globe, specifically in the countries such as China, Canada, Australia and United States. China is expected to remain one of the largest air electrode battery markets. China and other Asia Pacific countries will continue to develop and rapidly invest in air electrode battery market. Recent developments of battery technology in North America have augmented the growth of air electrode battery production. Norway and Germany are expected to generate new technologies in air electrode battery market. Enormous efforts have been taken in Middle East to improve air electrode battery manufacturing practices. Furthermore, Japan is evaluating smart ways to store and distribute electrical energy with the integration of air electrode battery.
High energy density, inexpensive materials, availability and its low cost are some major benefits that are likely to drive air electrode battery market. Policies, regulations and up gradation of technology are few restraints faced by air electrode battery industry. Need for energy storage and consistent electrical grids are increasing the demand for the production of air electrode battery. Recent developments in renewable energy sector such as wind and solar is expected to augment the demand for air electrode battery market.
Some of the major players in air electrode battery market are Poly Plus Battery Co., Phinergy, AMPTRAN Motor Corporation, Hitachi Maxell Ltd., Sanyo Electric Co. Ltd., Chem Co. Ltd. and Basf Global among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.