Report Code: A14866 | Pages: NA | Mar 2023 | 1243 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Aluminum Wire Battery Market
Request Now !Aluminum-ion batteries are a class of rechargeable battery in which aluminum ions provide energy by flowing from the positive electrode of the battery, the anode, to the negative electrode, the cathode. When recharging, aluminum ions return to the negative electrode, and can exchange three electrons per ion. Aluminum-air batteries have been in existence for over half a century, but are still at the developmental stage, due to complexities associated with them. Aluminum-air batteries provide electricity as a product of the redox reaction between the oxygen from the air and the aluminum. Aluminum-air batteries possess the highest energy among all batteries but are not used owing to two significant problems, i.e., the high cost of the anode and byproduct removal issues in traditional electrolytes. This has limited the use of aluminum-air batteries for military purposes. However, there exists a lot of potential in the electric car segment. Aluminum-air batteries could potentially provide up to eight times the range of a lithium-ion battery weighing significantly lower in overall weight.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  Battery Type, Application, Product Type and Region |
Â
COVID-19 Impact analysis
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the aluminum-air battery market in 2021. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans, and quarantines; restaurants closed; all indoor events restricted; over forty countries declared a state of emergency; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Top Impacting Factors
The global aluminum wire battery market is anticipated to witness significant growth. Rising penetration of aluminum wire in lightweight vehicles is expected to benefit the aluminum wire market over the coming years. The commercial and industrial application of aluminum wires commenced in the mid-1960s, since then products have witnessed rise in adoption rate and a positive trend in the market. Aluminum is a most cost-effective and lighter option for cables in comparison with copper and is also softer and can have less damage during installation. In the past few years, copper wire and cables are increasingly replaced by aluminum wire and cables. For overhead transmission cables, aluminum is more suitable compared to copper due to its lighter weight. It also offers a cost supremacy in underground power transmission cables.
Market Trends
Key Benefits of the Report
Aluminum wire battery Market Report Highlights
Aspects | Details |
---|---|
By Battery Type |
|
By Product type |
|
By Application |
|
By Region |
|
Key Market Players | AEG Powertools,, Cell-Con,, Duracell,, GP Batteries,, Harding Energy,, Johnson Controls,, Panasonic,, BASF,, Power Sonic,, Supreme Batteries,, Energizer,, Rayovac,, Shenzhen Nova,, Spectrum Brands,, Taurac,, Uniross |
Loading Table Of Content...
Start reading.
This Report and over 19,649+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers