Global Air Electrode Battery Market Size & Outlook

The air electrode battery industry worldwide is expected to reach a projected revenue of US$ 2,022.4 million by 2027. A compound annual growth rate of 9% is expected of the worldwide air electrode battery industry from 2020 to 2027.
Revenue, 2019 (US$M)
$1,012.5
Forecast, 2027 (US$M)
$2,022.4
CAGR, 2020 - 2027
9%
Report Coverage
Worldwide

Global air electrode battery market highlights

  • The global air electrode battery market generated a revenue of USD 1,012.5 million in 2019 and is expected to reach USD 2,022.4 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 9% by 2027.
  • In terms of segment, secondary battery accounted for a revenue of USD 475.8 million in 2019.
  • Fuel Cell is the most lucrative battery type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, Mexico is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 1,012.5 million
Market revenue in 2027USD 2,022.4 million
Growth rate9% (CAGR from 2019 to 2027)
Largest segmentSecondary battery
Fastest growing segmentFuel Cell
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationSecondary Battery, Fuel Cell, Primary Battery

Other key industry trends

  • In terms of revenue, the North America accounted for 23.4% of the global air electrode battery market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 41.5 million by 2027.

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Air Electrode Battery Market Companies

Name Profile # Employees HQ Website

Global air electrode battery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air electrode battery market will help companies and investors design strategic landscapes.


Secondary battery was the largest segment with a revenue share of 46.99% in 2019. Horizon Databook has segmented the Global air electrode battery market based on secondary battery, fuel cell, primary battery covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Air Electrode Battery Battery Type Outlook (Revenue, USD Million, 2016-2027)
    • Secondary Battery
    • Fuel Cell
    • Primary Battery
  • Global Air Electrode Battery Application Outlook (Revenue, USD Million, 2016-2027)
    • Medical Devices
    • Transportation
    • Military Devices
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global air electrode battery market , including forecasts for subscribers. This global databook contains high-level insights into Global air electrode battery market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global air electrode battery market size, by regions, 2016-2027 (US$M)

Top 10 countries: Air electrode battery market size, 2019 (US$M)

Global air electrode battery market share, by battery type, 2019 & 2027 (%, US$M)

Air electrode battery market: Opportunity assessment by country

Global air electrode battery market, by region, 2019 (US$M)

Global air electrode battery market size, by regions, 2016-2027 (US$M)

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