Zinc-Air Battery Market , Revenue Share, Key Growth Trends, Major Players, And Forecast, 2026
Reports and Data estimates the global Zinc-Air Battery competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Zinc-Air Battery during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Duracell International Inc., Electric Fuel Battery Corp., Energizer Holdings Inc., GP Batteries International Limited, iCellTech Corporation
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Zinc-Air Battery Overview :-
The global zinc-air battery market crossed USD 1.4 billion in 2017 and is expected to reach USD 2.7 million by 2026. Zinc-air batteries are widely used to power a large number of electronic devices and appliances, and commonly used to power small devices such as watches, pagers and hearing aids. Zinc-air batteries store electrochemical energy and have a high energy density compared to conventional lithium-ion batteries. The battery consists of a zinc anode and a cathode and generates energy by redox reactions between zinc and oxygen. The oxygen from the air reacts with the cathode and produce hydroxyl ions, which then combines with the zinc paste to form zincate. Electricity is the resultant of this process. Zinc-air batteries are significantly much cheaper than lithium-ion ones and do not possess any flame risks as the lithium-ion batteries do. Zinc-air batteries can also match or surpass lithium-ion batteries in terms of energy density. The raw materials required for zinc-air batteries are also inexpensive and widely available.
There has been a growing number of demand for zinc-air batteries in various fields. The use of zinc-air batteries is being implemented in several traffic-signalling systems such as LED traffic lights, traffic signs, and numerous traffic signals. The poor functioning of traffic signals due to low shelf life can cause accidents, which have increased the demand for zinc-air batteries as they have a long shelf life. Zinc-air batteries have high importance in the railway industry as well due to their resistance to strong vibrations. Zinc-air battery is used in the medical industry, especially in hearing aids, because they supply power in various temperatures ensuring the optimal functioning of the hearing aid. The increase in hearing disorders, particularly in the US and Europe, have further boosted the sales.
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For the purpose of this report Reports and Data has segmented global Zinc-Air Battery market on the basis of type, application, and region:
Market segment based on the type:
· Rechargeable
· Non-Rechargeable
Market segment based on application:
· Small Devices
· Remote Signaling & Communication
· Safety Lamps
· Electric Cars
· Others
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
· What is the expected year-on-year growth of the Zinc-Air Battery during the forecast period?
· What key trends are expected influence revenue growth of the market going ahead?
· Which region is expected to account for largest revenue share over the forecast period?
· Which key companies are profiled in the report?
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About Reports and Data
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