Global Zinc-Air Batteries Industry Research Report, Growth Trends and Competitive Analysis 2024-2030

Zinc Air Batteries Market 

The global Zinc-Air Batteries market size was US$ 391.7 million in 2023 and is forecast to a readjusted size of US$ 607.8 million by 2030 with a CAGR of 6.4% during the forecast period 2024-2030. Key drivers of the zinc-air batteries market include the growing application of zinc-air batteries in various end-user industries. Further, the energy storage revolution and rising production of electric vehicles are necessitating the need for zinc-air batteries ultimately propelling the growth of the zinc-air battery market during the forecast period. Moreover, favorable government initiatives and legislation for replacing mercury button cells with zinc-air batteries will expand market growth in the coming years.

US is the largest zinc-air batteries market with about 50% market share. Europe is follower, accounting for about 15% market share.

The key players are Rayovac (Spectrum), Energizer, Arotech, Duracell, Power one, Camelion, Panasonic, House of Batteries, EnZinc, Jauch group, Toshiba, NEXcell, Renata SA, ZAF Energy System, ZeniPower, Konnoc etc. Top 3 companies occupied about 34% market share.

In terms of production side, this report researches the Zinc-Air Batteries capacity, production, growth rate, market share by manufacturers, region level and country level, from 2019 to 2024, and forecast to 2030.

In terms of sales (consumption) side, this report focuses on the sales of Zinc-Air Batteries by region (Countries), company, type and application. from 2019 to 2024 and forecast to 2030.

The global Zinc-Air Batteries market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Zinc-Air Batteries market. These figures have been provided in terms of both revenue and volume for the period 2019-2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

Trends Influencing the Growth of the Zinc Air Batteries Market 

Growing application of zinc air batteries in various end user industries

Zinc-air batteries are used as power sources in remote railway signaling and navigation aid systems. They are also used in the telecommunication sector as communication receivers in the form of email devices, pagers, and other message tools. Further, these batteries are deployed in the medical sector for making hearing aids to cardiac telemetry monitors for continuous monitoring, preventing leaks, and providing power in a variety of temperatures to ensure smooth functioning. Traffic lights especially small LED lights use zinc-air batteries due to their long shelf life. Thus the widespread application of zinc-air batteries in a variety of end-user industries will accelerate the growth of the zinc-air batteries market during the forecast period. 

Energy Storage revolution and rising production of electric vehicles

The rapid advancements in zinc-air batteries provide huge potential for the energy storage market in the coming years. Massive storage systems are required for the deployment of renewable wind and solar energy. Lithium, cobalt in storage batteries are an expensive solution while zinc-air batteries are cheaper and have a longer shelf life. Moreover, they are safer and can be recycled. These batteries also have high power densities and show great promise in the usage of electric vehicles. Thus extensive usage in energy storage systems and rising production of electric vehicles will boost the growth of the zinc-air batteries market during the forecast period.

Favorable government policies and legislation for replacement of mercury buttons cells

The favorable regulatory environment for energy storage and the emergence of newer business models bringing more capital will create ample opportunities for the growth of the market in the coming years. Legislations are being passed to replace mercury button cells with zinc-air batteries due to mercuries being environmentally harmful. Thus favorable regulatory policies and legislation aimed at the replacement of mercury button cells will propel the growth of the zinc-air batteries market during the forecast period.

Zinc Air Batteries Market Share Analysis

Based on type, the secondary(rechargeable) segment is expected to provide lucrative opportunities for growth in the zinc-air batteries market share as they have a long shelf life, are cost-effective, and have widespread application along with being durable, reliable.

Based on application, the hearing aid segment is expected to provide lucrative opportunities for growth in the zinc-air batteries market share during the forecast period as zinc-air batteries are extensively used to make hearing aids that prevent leaks and can function in a variety of temperatures.

Based on region, North America is expected to provide lucrative opportunities for growth in the zinc-air batteries market share with the US leading the market with 50%. Europe comes in second with a 15% market share.

Zinc Air Batteries Market By Company

• Rayovac (Spectrum)
• Energizer
• Arotech
• Duracell
• Power one
• Camelion
• Panasonic
• House of Batteries
• EnZinc
• Jauch group
• Toshiba
• NEXcell
• Renata SA
• ZAF Energy System
• ZeniPower
• Konnoc

Zinc Air Batterise Market By Type

• 312 Type
• 675 Type
• 13 Type

Zinc Air Batteries Market By Application

• Online Sales
• Hearing Aid Stores
• Audiologists
• Offline Retail Stores

Zinc Air Batteries Market Production By Region 

• North America
• Europe
• China
• Japan

Zinc Air Batteries Market Consumption By Region 

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E