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The global zinc-air battery market size was USD 117.5 million in 2020. The market is projected to grow from USD 125.4 million in 2021 to USD 105.6 million in 2028 at a CAGR of 7.8% during the 2021-2028 period.
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Zinc Air Batteries Market Share, Size, Driving Innovations and Future Roadmap 2021-2028 The global zinc-air battery market size was USD 117.5 million in 2020. The market is projected to grow from USD 125.4 million in 2021 to USD 105.6 million in 2028 at a CAGR of 7.8% during the 2021-2028 period. Zinc-air batteries use oxygen from the air as the cathode and an anode consisting primarily of zinc and an alkaline electrolyte. Zinc-air batteries use oxygen in the air directly to produce electrochemical energy. Oxygen becomes the cathode reactant and diffuses directly into the battery. Air cathodes use an aqueous alkaline electrolyte to catalytically promote the oxygen reaction, but are not consumed or converted during discharge. The cathode is compact, has an almost unlimited capacity, and achieves high energy density due to the additional volume of the zinc anode. Request Free Sample Copy of this Report@ https://wemarketresearch.com/reports/request- free-sample-pdf/zinc-air-batteries-market/845 Zinc air batteries are best known for primary applications such as button cells for hearing aids and bulk batteries for industrial applications such as electric fences and rail power supplies. Advantages of zinc-air batteries include flat discharge voltage, safety and environmental benefits, excellent shelf life, and low cost. In addition, zinc-air batteries have a high volumetric energy density compared to most primary batteries. The high energy density of zinc air batteries makes them suitable for portable applications such as electric vehicles and potentially smaller devices such as laptops, allowing commercialization to begin in these markets. Furthermore, the most intensive use of zinc air batteries is in medical and communication applications. Zinc air batteries are the primary power source for today's miniature hearing aids. In hospitals, a 9V zinc battery powers a heart rate monitor. Recently, coin- shaped zinc air batteries have been used in Bluetooth headphones with low-power digital wireless protocols.
Various research and development activities are underway around the world for the use of zinc- air batteries in energy storage systems and electric vehicles. For example, Canadian battery manufacturer Zinc8 Energy Solutions is working on an energy storage system made from zinc-air batteries. Furthermore, the production cost of zinc-air batteries is low compared to other batteries such as lithium-ion batteries and lead-acid batteries, which has led manufacturers to focus on this type of battery. In addition, the high energy density, high specific power and high voltage of these batteries are some of the key factors that create revenue opportunities for manufacturers. Various companies individually work with research and development institutes to further develop the properties of batteries and bring optimal products to market on a large scale. For instance, scientists at the Institute of Nanoscience and Technology (Mohali), India, an autonomous agency of the Department of Science and Technology (DST), have developed efficient bifunctional electrocatalysts with sufficient active specific metal moieties, which indicates impressive oxygen electrocatalytic performance. This material can be further used as a cathode catalyst to influence the high performance of both liquid and solid rechargeable zinc-air batteries. Secure https://wemarketresearch.com/purchase/zinc-air-batteries-market/845?license=single A Copy Of The Premium Research Report@ Competitive Analysis Berkshire Hathaway, Duracell Inc., Energizer Holdings Inc., GP Batteries International Ltd., Panasonic Energy Europe NV, Renata SA, Sony Electronics Inc., Spectrum Brands Inc., VARTA Microbattery GmbH., Konnoc, Rayovac (Spectrum). About We Market Research: WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep-rooted market studies and insightful analysis of different markets. Contact Us: We Market Research Phone: +1(650)-666-4592 Email: sales@wemarketresearch.com Web: https://wemarketresearch.com/