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 2036. 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

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of aluminium-ion battery is assessed at USD 6.8 Billion.

The aluminium-ion battery market size was over USD 6.41 Billion in 2023 and is anticipated to reach USD 15.07 Billion by the end of 2036, growing at around 6.8% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are the 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 poised to capture the largest share of about 45% by 2036, owing to rising grid projects in this region.

Advano, Ibiden, Graphene Manufacturing Group Ltd., University of Texas at Austin, Saturnose, Nexeon Ltd., Amprius Technologies, Ess., Inc., Log 9 Materials, Alexion Technologies

Aluminium-ion Battery Market Analysis