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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 Meticulous Research®, a leader in market intelligence, has published its latest report titled “Zinc–air Battery Market: Global Insights by Type (Primary, Secondary), Voltage Category (Up to 12 V, 12-36 V, Above 36 V), Applications, and Geography - Forecast to 2030.” The report predicts that the Zinc–air battery market will grow to $223.7 million by 2030, with a compound annual growth rate (CAGR) of 7.8% between 2024 and 2030. This growth is driven by the rise in research and development efforts focused on Zinc–air batteries and increased investment from leading manufacturers, who are drawn by the economic benefits these batteries offer. The growing demand for Zinc–air batteries in hearing aids and other electronic devices, alongside the push for higher energy-density storage solutions, is also expected to create significant opportunities for market participants. Despite these positive trends, the market faces challenges such as anode corrosion, which can reduce battery performance, and health concerns related to the mercury used in these batteries, which may limit market growth. The report segments the global Zinc–air battery market by type, voltage category, application, and region, offering a detailed analysis of competitive dynamics and regional trends. By type, the market is segmented into primary and secondary categories. The primary type is expected to hold the largest market share in 2024, driven by its low-maintenance, environmentally friendly, leak-proof, and cost-effective nature. These qualities make primary Zinc–air batteries particularly suitable for consumer electronics, including wearable devices and remote controls. In terms of voltage, the market is segmented into categories up to 12 V, 12-36 V, and above 36 V. The up to 12 V segment is anticipated to dominate the market in 2024, fueled by the growing demand for low-voltage Zinc–air batteries in applications like hearing aids and LED lamps. Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com
Global Zinc-air Battery Market – 2024 to 2030 The application segment includes hearing aids, alarm systems, electric fencing, energy storage, IoT wearables, LED lamps, military uses, and railway & road traffic signaling. The hearing aids segment is projected to capture the largest share of the market in 2024, primarily due to the rising incidence of hearing loss in developing regions. Geographically, the Zinc–air battery market is segmented into North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to lead the market in 2024, supported by the growing use of Zinc–air batteries in electric vehicles, particularly in cars. The region’s market dominance is attributed to the high energy density, safety, and reduced hazard potential of Zinc–air batteries, alongside its status as a major electronics manufacturing center. 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). Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5420 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? • 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 2 of 2 © Meticulous Research| sales@meticulousresearch.com