Metal Air Battery Market to Grow USD 1,793.5 million by

From GlobeNewswire: 2025-05-06 02:00:00

The Metal-Air Battery Market is projected to reach USD 1793.5 Million by 2032, with a CAGR of 13.90% from 2024 to 2032. The market is seeing growth due to demand in electric vehicles, military tech, and power systems, shifting towards metal-air batteries for improved energy density and environmental impact.

Leading market players like GP Batteries, Arotech, and Energizer are driving innovation in zinc-air and lithium-air batteries for various applications. The market in the U.S. is expected to grow from USD 70.2 million in 2023 to USD 225.1 million by 2032, showcasing the sector’s rapid expansion and technological advancements.

Zinc-air batteries are leading the market with a 27% revenue share in 2023, driven by their abundance, low cost, and safety benefits. Low-voltage batteries, particularly <12 V, are expected to capture 51% of the revenue share by 2023, catering to compact devices and medical equipment. Primary metal-air batteries dominate with a 60% revenue share, favored for their high energy density and reliability. The Electric Vehicles segment led the market with a 30% revenue share in 2023, driven by the shift towards sustainable transportation. Metal-air batteries like aluminum-air and zinc-air offer lighter alternatives to lithium-ion batteries, enhancing driving range and reducing weight. North America is expected to see rapid growth in the market, driven by investments in defense, aerospace, and EV technologies.


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