Metal Air Battery Market
The market for Metal Air Battery was estimated at $532 million in 2024; it is anticipated to increase to $1.32 billion by 2030, with projections indicating growth to around $2.80 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Metal Air Battery Market Outlook
Revenue, 2024
$532M
Forecast, 2034
$2.41B
CAGR, 2025 - 2034
16.3%
The Metal Air Battery industry revenue is expected to be around $619.2 million in 2025 and expected to showcase growth with 16.3% CAGR between 2025 and 2034.
The Metal air Battery harnesses the power generated from the interaction between a metal and air to store energy efficiently with its high energy density property. Its distinct characteristics like rechargability, eco friendliness and affordability are placing it in a position, within the energy storage industry.
Market Key Insights
- The Metal Air Battery market is projected to grow from $532.4 million in 2024 to $2.41 billion in 2034. This represents a CAGR of 16.3%, reflecting rising demand across Electric Vehicles, Emergency power backup systems and Hearable Devices.
- Phinergy, Log 9 Materials, NantEnergy are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Metal Air Battery market and are expected to observe the growth CAGR of 15.6% to 22.8% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 12.2% to 17.0%.
- Transition like Emergence of Hybrid Technologies is expected to add $73 million to the Metal Air Battery market growth by 2030.
- The Metal Air Battery market is set to add $1.9 billion between 2024 and 2034, with manufacturer targeting Zinc-air & Lithium-air Battery Type projected to gain a larger market share.
- With Increasing electric vehicle adoption, and Emergence of smart homes and iot devices, Metal Air Battery market to expand 353% between 2024 and 2034.
