GP Batteries International (Hong Kong), Arotech Corporation (US) and Energizer Holdings (US) are the Top Players in the Metal-air Battery Market
The metal-air battery market is projected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% from 2022 to 2027. Rising demand for high-energy density storage solutions, increasing use of zinc-air batteries in electronic devices, and rising demand for green-energy sources are some of the major factors propelling the growth of the metal-air battery market.
GP Batteries International (Hong Kong), Arotech Corporation (US), Energizer Holdings (US), Duracell (US), and Renata SA (Switzerland) are the top five players in the metal-air battery market globally. These companies offer a wide range of metal-air batteries, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.
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GP Batteries International develops and manufactures batteries and battery-related products. The product portfolio offered by the company includes single-use batteries, rechargeable batteries, specialty batteries, chargers, cables, power banks, flashlights, and batteries for electric vehicles. The company has rapidly expanded to become one of the world’s major suppliers of primary and rechargeable batteries. GP’s battery production facilities are in China, Vietnam, and Malaysia, supported by marketing and trading offices spanning Asia, Europe, and North America.
Arotech Corporation is involved in the design and manufacturing of battery solutions, innovative energy management systems, and power distribution technologies for aerospace and defense. The company operates through three business divisions: Advance Electronics, Training & Simulation, and Energy Solutions. The company’s Energy Solutions division provides zinc-air batteries, rechargeable batteries, and battery chargers for the military focusing on high-energy and lightweight applications. In December 2019, Arotech was acquired by Greenbriar Equity Group. The company was publicly held before this acquisition and went private post this acquisition.
Energizer Holdings deals with the manufacturing and distribution of primary batteries; portable lights and auto care appearances; and performance, refrigerant, and fragrance products. The company has been recognized globally by its renowned brand Energizer, Eveready, Rayovac, and Varta. Energizer offers household batteries including primary, rechargeable, specialty, and hearing aid using lithium, alkaline, carbon zinc, nickel metal hydride, zinc-air, and silver oxide. Energizer currently has six operational facilities in the US. It also has an operational facility in Singapore capable of producing alkaline and lithium batteries. The company owns trademarks of Energizer, Rayovac, and Eveready, which include related designs, slogans, and sub-brands worldwide.
Related Reports:
Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027
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