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Sodium-Ion Batteries Market
The global sodium-ion battery market size was 528 million USD in 2021. The market is expected to expand at a CAGR of 25.91% during the forecast period from 2022 to 2031, reaching 4.368 billion USD by 2031.
Metal-air Battery Market
The global metal-air battery market size is expected to grow from 498 million USD in 2022 to 993 million USD by 2027, with a CAGR of 14.8% from 2022 to 2027. The increasing demand for high-energy density storage solutions and a significant shift towards zinc-air batteries in electronic devices are among the main factors driving the growth of this market.
![[Market Research Report] Global Market for Fuel Cells for Military Unmanned Aerial Vehicles (UAVs)](https://image.mono.ipros.com/public/product/image/fd3/2001063366/IPROS6484587733057130363.png?w=280&h=280)
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The military unmanned aerial vehicle (UAV) fuel cell market is expected to grow to $232.91 million from 2023 to 2028, with a CAGR of 9.82% during the forecast period. This report highlights the emergence of formira's "hydrogen-on-demand" technology as one of the key factors driving the growth of the military UAV fuel cell market in the coming years. Additionally, the standardization of fuels that could serve as alternatives to lithium-ion batteries and gasoline-based fuels, along with the flexibility of fuel types used in fuel cells, will lead to significant demand in the market.
Global Battery Market Overview, 2022-2027
The global battery market size is expected to rise from approximately 110 billion USD in 2021 to over 188 billion USD in the future, with a projected CAGR of over 9% from 2022 to 2027. The growth of the battery market is anticipated alongside the increasing demand in the global transportation market. The rise of electric circuits and electrical equipment in the transportation industry is one of the main factors driving this growth. This report investigates and analyzes the global battery market, providing insights into market dynamics, trends, segment analysis, and company profiles.
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The global gallium arsenide (GaAs) solar cell market size was valued at $14.55 billion in 2022, and it is projected to grow at a CAGR of 8.45% during the forecast period (2024-2031), increasing from $15.78 billion in 2023 to $30.19 billion by 2031. The gallium arsenide (GaAs) solar cell market is expected to experience significant growth in the coming years due to several key factors. GaAs solar cells are becoming increasingly attractive for various applications because they are more efficient and have lower manufacturing costs compared to traditional silicon-based solar cells. These applications range from high-efficiency space and military uses to niche markets such as consumer electronics, where efficiency is crucial.
