Zinc-Air Battery Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global Zinc-Air Battery market is witnessing substantial growth as the demand for dependable and cost-effective energy storage systems (ESS) rises, driven by the increasing demand for renewable energy sources and stringent climate change objectives. Zinc-Air Battery, a type of metal-air battery, offers significant advantages in terms of energy storage density, cost-effectiveness, and safety.

The Power of Zinc-Air Battery

Zinc-Air Battery operates by oxidizing zinc with oxygen gas from the air, making it a type of electrochemical storage device. These batteries come in various sizes, from small hearing aid button cells to large batteries used in electric vehicles. Zinc-Air Battery serves as a power source for electric vehicles, communication and transmission devices, lamps, and a range of consumer gadgets, including hearing aids.

A Zinc-Air Battery typically consists of a zinc anode and a cathode and is available in both rechargeable and non-rechargeable types. During operation, oxygen from the air reacts with the cathode to form hydroxyl ions, while zinc combines with hydroxyl ions to form zincate, generating electricity in the process. Notably, Zinc-Air Battery offers several advantages over lithium-ion batteries, including lower production costs, comparable energy density and specific energy, and a reduced risk of fire incidents.

Market Dynamics

Driving Factors

Rising Demand for Renewable Energy: As the demand for renewable energy sources grows and climate change objectives become more stringent, the need for reliable and economical energy storage systems has surged. Zinc-Air Battery, with its higher specific energy and energy density, is poised to meet this demand effectively.
Growing Electric Vehicle Adoption: The increasing focus on reducing vehicle emissions and stricter emission standards have led to a surge in electric vehicle production. This, in turn, is driving the demand for Zinc-Air Battery as a reliable energy source for these vehicles.
Infrastructure Development: Zinc-Air Battery finds applications in traffic signals, safety signs, and warning signs, ensuring uninterrupted power supply during outages. The ongoing infrastructure development and roadway projects in developing countries are fueling the demand for these batteries.
Consumer Electronics Boom: The growing purchasing power of the middle-class population has boosted the sales of electronic gadgets such as smartphones and laptops, creating a favorable market environment for Zinc-Air Battery.

Challenges

While Zinc-Air Battery presents numerous advantages, concerns exist regarding the potential formation of explosive hydrogen during the corrosion of zinc, necessitating careful handling and expertise. Additionally, the availability of alternative batteries may pose a challenge to market growth.

Regional Outlook

Asia Pacific: This region holds substantial growth potential, driven by the burgeoning electronics industry and increased electric vehicle demand, supported by government initiatives.
North America and Europe: These regions, with their growing sales of lightweight electric vehicles and renewable energy demand, are key markets for Zinc-Air Battery.
Latin America: The automotive industry's growth makes Latin America a promising market for Zinc-Air Battery.
Middle East & Africa: This region benefits from expanding end-use industries, contributing to the strong growth of Zinc-Air Battery.

Key Market Participants

Several companies are actively contributing to the global Zinc-Air Battery market, including:

Panasonic Corporation
Renata S.A.
Electric Fuel Battery Corp.
Revolt Technology
ZhuHai Zhi Li Battery Co., Ltd.
ZINCNYX Energy Solutions, Inc.
Guangdong Tianqju Electronics Technology Co., Ltd.
GP Batteries International Limited
ZAF Energy Systems, Inc.
others.

Global Zinc-Air Battery Market: Segmentation

Type

Rechargeable Zinc-Air Battery
Non-rechargeable Zinc-Air Battery

Application

Automotive
Safety Lamps
Remote Transmission & Communication
Consumer goods & small appliances
Grid storage

Region

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
Eastern Europe (Russia, Poland, CIS)
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

1. Executive Summary

1.1. Global Zinc-Air Battery Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Zinc-Air Battery Market Outlook, 2018 - 2031

3.1. Global Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Rechargeable Zn-Air Battery
  - 3.1.1.2. Non-rechargeable Zn-Air Battery
3.2. Global Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Automotive
  - 3.2.1.2. Safety Lamps
  - 3.2.1.3. Remote Transmission & Communication
  - 3.2.1.4. Consumer goods & small appliances
  - 3.2.1.5. Grid storage
3.3. Global Zinc-Air Battery Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Zinc-Air Battery Market Outlook, 2018 - 2031

4.1. North America Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Rechargeable Zn-Air Battery
  - 4.1.1.2. Non-rechargeable Zn-Air Battery
4.2. North America Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Automotive
  - 4.2.1.2. Safety Lamps
  - 4.2.1.3. Remote Transmission & Communication
  - 4.2.1.4. Consumer goods & small appliances
  - 4.2.1.5. Grid storage
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Zinc-Air Battery Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.2. U.S. Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.3.1.3. Canada Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.4. Canada Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Zinc-Air Battery Market Outlook, 2018 - 2031

5.1. Europe Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Rechargeable Zn-Air Battery
  - 5.1.1.2. Non-rechargeable Zn-Air Battery
5.2. Europe Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Automotive
  - 5.2.1.2. Safety Lamps
  - 5.2.1.3. Remote Transmission & Communication
  - 5.2.1.4. Consumer goods & small appliances
  - 5.2.1.5. Grid storage
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Zinc-Air Battery Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.2. Germany Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.3. U.K. Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.4. U.K. Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.5. France Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.6. France Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.7. Italy Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.8. Italy Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.9. Turkey Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.10. Turkey Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.11. Russia Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.12. Russia Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Zinc-Air Battery Market Outlook, 2018 - 2031

6.1. Asia Pacific Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Rechargeable Zn-Air Battery
  - 6.1.1.2. Non-rechargeable Zn-Air Battery
6.2. Asia Pacific Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Automotive
  - 6.2.1.2. Safety Lamps
  - 6.2.1.3. Remote Transmission & Communication
  - 6.2.1.4. Consumer goods & small appliances
  - 6.2.1.5. Grid storage
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Zinc-Air Battery Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.2. China Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.3. Japan Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.4. Japan Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.5. South Korea Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.6. South Korea Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.7. India Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.8. India Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Zinc-Air Battery Market Outlook, 2018 - 2031

7.1. Latin America Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Rechargeable Zn-Air Battery
  - 7.1.1.2. Non-rechargeable Zn-Air Battery
7.2. Latin America Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Zinc-Air Battery Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.2. Brazil Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.3. Mexico Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.4. Mexico Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.5. Argentina Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.6. Argentina Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Zinc-Air Battery Market Outlook, 2018 - 2031

8.1. Middle East & Africa Zinc-Air Battery Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Rechargeable Zn-Air Battery
  - 8.1.1.2. Non-rechargeable Zn-Air Battery
8.2. Middle East & Africa Zinc-Air Battery Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Automotive
  - 8.2.1.2. Safety Lamps
  - 8.2.1.3. Remote Transmission & Communication
  - 8.2.1.4. Consumer goods & small appliances
  - 8.2.1.5. Grid storage
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Zinc-Air Battery Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.2. GCC Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.3. South Africa Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.4. South Africa Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.5. Egypt Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.6. Egypt Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.7. Nigeria Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.8. Nigeria Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Zinc-Air Battery Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Zinc-Air Battery Market by Application, Value (US$ Mn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Duracell
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Ravoyac
- 9.4.3. Nantenergy
- 9.4.4. Electric Fuel Battery Corporation
- 9.4.5. ZAF Energy System
- 9.4.6. Varta AG
- 9.4.7. GP Batteries
- 9.4.8. Phinenergy
- 9.4.9. Thunderzee
- 9.4.10. Renata SA
- 9.4.11. AZA Battery

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations