A zinc-air battery is a type of electrochemical energy storage device that uses zinc and oxygen from the air to generate electrical power. It is a form of metal-air battery, where the anode (negative electrode) is made of zinc metal and the cathode (positive electrode) utilizes oxygen from the air. The reaction between zinc and oxygen produces electricity. The key factor driving the market growth is increasing use of zinc-air batteries, especially in hearing aids and electronic devices, growing demand for high-energy-density storage solutions, and increasing demand for electric vehicles anticipated to support the market growth during the forecast period.
Moreover, the rising demand for consumer electronics is supporting the growth of the Zinc-Air Battery Market. Zinc-air batteries are known for their high energy density and long runtime, making them an attractive option for portable electronic devices such as smartphones, tablets, wireless headphones, and wearable devices. Thus, the growing demand for consumer electronics is anticipated to support market growth during the forecast period. According to Statista, in 2022, the consumer electronics market was valued at USD 987.16 billion and it is anticipated to reach USD 1152.88 billion by 2028. As a result, the growing consumer electronic market is anticipated to support the market growth during the forecast period. Additionally, technological advancement in zinc-air batteries is anticipated to create a lucrative opportunity for the market during the forecast period. However, the corrosion between electrolyte and anode in zinc-air batteries stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Zinc-Air Battery Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising government attention to greenhouse gas emissions, growing demand for electric vehicles, and growth in the consumer electronics industry in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as cohesive government initiatives, rising demand for consumer electronics and growing adoption of these batteries in electric vehicles, especially in electric cars.
Major market player included in this report are:
- Electric Fuel Battery Corp
- Revolt Technology Group
- ZAF Energy Systems Inc,
- Renata SA
- Panasonic Corporation
- Zhuhai Zhi Li Battery Co. Ltd
- Berkshire Hathaway Inc. (Hohmann & Barnard Inc.)
- Spectrum Brands Holdings, Inc.
- ZincNyx Energy Solutions Inc.
- Energizer Holdings Inc.
Recent Developments in the Market:
- In July 2022, U.S. Senate Majority Leader Charles Schumer offered its support to Zinc8 Energy Solutions, a producer of advanced zinc battery technology, for the establishment of a commercial production plant in Ulster, New York, on the site of the former TechCity.
Global Zinc-Air Battery Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Rechargeable
- Non-Rechargeable
By Application:
- Small Devices
- Remote Signalling and Communication
- Safety Lamps
- Electric Cars
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Zinc-Air Battery Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Zinc-Air Battery Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Zinc-Air Battery Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Zinc-Air Battery Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Zinc-Air Battery Market Dynamics
- 3.1. Zinc-Air Battery Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand in hearing aids and electronic devices
- 3.1.1.2. Rising demand for high-energy-density storage solutions
- 3.1.1.3. Increasing demand for electric vehicles
- 3.1.2. Market Challenges
- 3.1.2.1. Corrosion between electrolyte and anode in zinc-air batteries
- 3.1.3. Market Opportunities
- 3.1.3.1. Technological advancement in Zinc-Air Battery
Chapter 4. Global Zinc-Air Battery Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Zinc-Air Battery Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Zinc-Air Battery Market by Type, Performance - Potential Analysis
- 5.3. Global Zinc-Air Battery Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Zinc-Air Battery Market, Sub Segment Analysis
- 5.4.1. Rechargeable
- 5.4.2. Non-Rechargeable
Chapter 6. Global Zinc-Air Battery Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Zinc-Air Battery Market by Application, Performance - Potential Analysis
- 6.3. Global Zinc-Air Battery Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Zinc-Air Battery Market, Sub Segment Analysis
- 6.4.1. Small Devices
- 6.4.2. Remote Signalling and Communication
- 6.4.3. Safety Lamps
- 6.4.4. Electric Cars
- 6.4.5. Others
Chapter 7. Global Zinc-Air Battery Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Zinc-Air Battery Market, Regional Market Snapshot
- 7.4. North America Zinc-Air Battery Market
- 7.4.1. U.S. Zinc-Air Battery Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Zinc-Air Battery Market
- 7.5. Europe Zinc-Air Battery Market Snapshot
- 7.5.1. U.K. Zinc-Air Battery Market
- 7.5.2. Germany Zinc-Air Battery Market
- 7.5.3. France Zinc-Air Battery Market
- 7.5.4. Spain Zinc-Air Battery Market
- 7.5.5. Italy Zinc-Air Battery Market
- 7.5.6. Rest of Europe Zinc-Air Battery Market
- 7.6. Asia-Pacific Zinc-Air Battery Market Snapshot
- 7.6.1. China Zinc-Air Battery Market
- 7.6.2. India Zinc-Air Battery Market
- 7.6.3. Japan Zinc-Air Battery Market
- 7.6.4. Australia Zinc-Air Battery Market
- 7.6.5. South Korea Zinc-Air Battery Market
- 7.6.6. Rest of Asia Pacific Zinc-Air Battery Market
- 7.7. Latin America Zinc-Air Battery Market Snapshot
- 7.7.1. Brazil Zinc-Air Battery Market
- 7.7.2. Mexico Zinc-Air Battery Market
- 7.8. Middle East & Africa Zinc-Air Battery Market
- 7.8.1. Saudi Arabia Zinc-Air Battery Market
- 7.8.2. South Africa Zinc-Air Battery Market
- 7.8.3. Rest of Middle East & Africa Zinc-Air Battery Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Electric Fuel Battery Corp
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Revolt Technology Group
- 8.3.3. ZAF Energy Systems Inc,
- 8.3.4. Renata SA
- 8.3.5. Panasonic Corporation
- 8.3.6. Zhuhai Zhi Li Battery Co. Ltd
- 8.3.7. Berkshire Hathaway Inc. (Hohmann & Barnard Inc.)
- 8.3.8. Spectrum Brands Holdings, Inc.
- 8.3.9. ZincNyx Energy Solutions Inc.
- 8.3.10. Energizer Holdings Inc
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption