Aluminium-ion Battery Market Analysis

  • Report ID: 5205
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Aluminium-ion Battery Market Analysis

Application (Telecom Towers, Hospitals, Automotive, Consumer Electronics, Aerospace & Defense)

The aerospace & defense segment is poised to hold 40% share of the global aluminium-ion battery market during the projected period. These batteries could be employed by the military to power machinery, lowering battery weight and boosting energy density, enabling longer missions between battery replacements. Additionally, aluminium-ion batteries could power spacecraft and satellites in the aerospace sector, where weight is a key factor.

End-User (Residential, Industrial, Commercial)

The industrial segment in the aluminium-ion battery market is projected to garner the highest share of approximately 70% by the end of 2037. This is owing to the growing demand for portable electronics in the automotive and defense sectors. Therefore, even manufacturers of aluminium-ion batteries are focusing more on these sectors to supply this battery. Hence, this factor is expected to dominate the market growth.

Our in-depth analysis of the global aluminium-ion battery market includes the following segments:

 

           Application

  • Telecom Towers
  • Hospitals
  • Automotive
  • Consumer Electronics
  • Aerospace & Defense

 

           End-User

  • Residential
  • Industrial
  • Commercial
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 5205
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of aluminium-ion battery is evaluated at USD 7.63 billion.

The aluminium-ion battery market size was over USD 6.85 billion in 2024 and is poised to exceed USD 16.31 billion by 2037, witnessing over 6.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing availability of aluminium in abundance, the surge in advancement in aluminium-ion batteries, and the rise in deployment of AI.

Asia Pacific industry is predicted to dominate majority revenue share of 45% by 2037, owing to rising grid projects in this region.

The major players in the market are Advano, Ibiden, Graphene Manufacturing Group Ltd., University of Texas at Austin, Saturnose, Nexeon Ltd., Amprius Technologies, Ess., Inc., Log 9 Materials, Alexion Technologies
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