What is the global aluminum air battery market?

Our in-depth analysis of the global aluminum air battery market includes the following segments: The global aluminum air battery market is dominated by Phinergy Limited, Industrie De Nora S.p.A., RiAlAiR Limited, Xinjiang Joinworld Co., Ltd., and Fuji Pigment Co., Ltd., among other major key players.

How big is the aluminum-air battery market?

It is estimated to grow at a CAGR of 8.4% from 2022 to 2031 and reach US$ 10.4 Mn by the end of 2031 Increase in adoption of Electric Vehicles (EVs) is expected to propel the global aluminum-air battery market size during the forecast period. Aluminum-air batteries have the potential to provide high energy density and long lifecycle.

What are the major regions of the aluminum air battery market?

Regionally, the global aluminum air battery market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

What is metal-air battery market?

[150 Pages] Metal-air Battery Market categorizes the Global market by Metal (Zinc, Aluminum, Lithium, Iron), Voltage (Low, Medium, High), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power), Region.

Why is the global metal-air battery market growing?

The global metal-air battery market is expected to grow due to the increasing demand in aerospace and defense industries for cost-effective, high-durability, and capacity batteries in aircraft and drones, along with technological advancements in zinc-air and lithium-air batteries.

What are aluminum-air batteries?

Aluminum-air batteries are highly versatile and can be used in wholesale energy markets to provide capacity and frequency regulation. Remote areas with limited access to electricity can benefit from these batteries. Aluminum-air batteries can be easily recycled, unlike other types of batteries, which can be difficult and costly to recycle.