PUNE, India, Oct. 13, 2022 (GLOBE NEWSWIRE) — The global Metal-Air Battery Market amounted to $431.49 million in 2020. The global market size is projected to increase from USD 445.04 million in 2021 to USD 744.66 in 2028, at a CAGR of 7.6% over the forecast period of 2021-2028. This information is provided by Fortune Business Insights in its report titled “Metal-air Battery Market, 2021-2028.”
According to our analysts, the high applications in eco-friendly energy saving devices are driving the market growth. Competitive advantage over alternatives to help metal-air battery market reach $744.66 million by 2028.
Request a sample copy of the research report: https://www.fortunebusinessinsights.com/enquiry/sample/metal-air-battery-market-105056
Report Highlights:
| report coverage | details |
| forecast period | 2021-2028 |
| Forecast period 2021 to 2028 CAGR | 7.6% |
| Value prognosis 2028 | $744.66 million |
| base year | 2020 |
| Market size in 2020 | $431.49 million |
| Historical data for | 2017-2019 |
| number of pages | 180 |
| segments covered | By metal, by type, by application and by region |
| growth accelerator | Obvious shift towards renewable energy sources to drive growth |
| Increasing EV adoption to drive demand in Asia Pacific |
Effects of COVID-19:
COVID-19 impact on global metal-air battery market hampers growth
The outbreak of COVID-19 has hampered the growth of the metal-air battery market. The novel coronavirus has limited the spread of batteries. The vital battery component is mainly available in the Asia-Pacific region, but the pandemic has highlighted the reliability of the raw materials in the region.
To learn more about the short- and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/metal-air-battery-market-105056
Driver and restraint systems:
Obvious shift towards renewable energy sources to drive growth
According to the International Energy Agency (IEA), electricity generation from renewable resources increased by 6% in 2019….
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