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According to this latest publication from Meticulous Researchu00ae, the Zincu2013air battery market is projected to reach $ 223.7 million by 2030, at a CAGR of 7.8% from 2023 to 2030.<br>
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Zinc–air Battery Market Worth $ 223.7 Million by 2030
Global Zinc-Air Battery Market - 2024 to 2030 In its latest publication, Meticulous Research®, a top market intelligence firm, presents a detailed study titled, ‘Zinc–air Battery Market by Type (Primary Type, Secondary Type), Voltage Type (Up to 12 V, 12 V to 36 V, More than 36 V), Application, and Geography - Global Forecast to 2030.’ The report indicates that the zinc-air battery market is poised to grow to $223.7 million by 2030, with an estimated CAGR of 7.8% from 2024 to 2030. This expansion is primarily attributed to the surge in R&D activities focused on zinc-air battery technology and the increasing investments by major manufacturers. The economic benefits offered by zinc-air batteries, such as cost efficiency and high energy density, are key factors encouraging these investments. Additionally, the rising need for zinc-air batteries in hearing aids and electronic devices, alongside a growing demand for high-energy-density storage solutions, opens up significant opportunities for market growth. Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5420 Market Challenges Despite these positive trends, the market faces challenges including anode corrosion, a common issue that affects the performance of zinc-air batteries. Moreover, health concerns related to the use of mercury in these batteries act as a restraining factor, potentially slowing market growth. Market Segmentation The global zinc-air battery market is segmented by type, voltage, application, and geographic region. The report also offers an in-depth analysis of the competitive landscape and market dynamics at regional and country levels. Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Zinc-Air Battery Market - 2024 to 2030 Segmentation by Type The market is divided into primary and secondary zinc-air batteries. In 2024, the primary type segment is expected to lead in market share, primarily due to its ease of maintenance, eco- friendliness, leak-proof characteristics, and cost-effectiveness. The extensive use of primary zinc-air batteries in consumer electronics, such as wearable devices and remote controls, significantly contributes to the market's growth. Voltage-Based Market Breakdown By voltage, the market is classified into up to 12 V, 12 V to 36 V, and more than 36 V segments. The up-to-12 V segment is forecasted to dominate in 2024, fueled by the growing demand for low-voltage batteries in applications such as hearing aids and LED lamps. Application Insights The market applications include hearing aids, alarm systems, electric fencing, energy storage, IoT wearables, LED lamps, military uses, and traffic signaling. In 2024, the hearing aids segment is expected to account for the largest market share, due to the increasing prevalence of hearing loss, particularly in developing countries. Regional Market Analysis Regionally, the zinc-air battery market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is projected to hold the largest market share in 2024, owing to the rising use of zinc-air batteries in electric vehicles. Additionally, the region's status as a significant manufacturing hub for global electronics amplifies its market strength. Key Players : The key players profiled in the global Zinc–air battery market study include Energizer Holdings, Inc. (U.S.), ENZINC, INC. (U.S.), The Duracell Company (U.S.), ZAF Energy Systems, INC (U.S.), Electric Fuel Battery Corporation (U.S.), Iskra (Solvenia), VARTA AG (Germany), Renata AG SA (Switzerland), AZA Battery (Belgium), Phinergy Ltd. (Israel), ZeniPower (Zhuhai Zhi Li) Battery Co., Ltd. (China), Zinc8 Energy Solutions Inc. (Canada), and GPB International Limited (China). Purchase Now : https://www.meticulousresearch.com/Checkout/44023701 Key Questions Answered in the Report: • Which are the high-growth market segments in type, voltage type, application, and geography? • What is the historical market size for Zinc–air battery across the globe? • What are the market forecasts and estimates for the period 2024–2030? • What are the major drivers, restraints, opportunities, and challenges in the global Zinc– air battery market? • Who are the major players in the market, and what are their market shares? • How is the competitive landscape for the global Zinc–air battery market? • What are the recent developments in the global Zinc–air battery market? Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Zinc-Air Battery Market - 2024 to 2030 • What are the different strategies adopted by the major players in the market? • What are the key geographic trends, and which are the high-growth countries? • Who are the local emerging players in the global Zinc–air battery market, and how do they compete with other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com