Metal-air Battery Industry worth $993 million by 2032
Metal-air battery market is projected to grow from USD 498 million in 2024 to USD 993 million by 2032 , at a CAGR of 14.8% from 2024 to 2032. How Metal-Air Batteries Work Metal-air Battery Market operates on the principle of electrochemical oxidation and reduction reactions involving a metal anode and oxygen from the air as the cathode. During discharge, the metal (such as zinc, lithium, or aluminum) reacts with oxygen to form metal oxides, releasing electrons that flow through an external circuit, generating electrical energy. The oxygen is typically supplied from the ambient air, which makes metal-air batteries lightweight and potentially more efficient than traditional batteries. Advantages of Metal-Air Batteries High Energy Density : Metal-air batteries boast significantly higher energy densities compared to conventional lithium-ion batteries, making them ideal for applications requiring long-duration energy storage. Abundance of Materials : Metals used in metal-air batteries, ...