Zinc-air Batteries Market - Forecast(2023 - 2028)

Report Code: CMR 47767 Report Format: PDF + Excel

Global Zinc-Air Batteries Market: Overview

Over the years, zinc-air batteries have gained popularity as a promising energy storage systems for small devices to renewable resources projects. The rising acceptance for such batteries are driven by increased demand of efficient, safe and environment friendly, and cost effective energy storage solutions.  Owing to the fact that the demand for zinc-air batteries is evolving from automotive to telecom industry, the global zinc-air batteries market value is $1312 million in 2018, and it will improve with prominent compound annual growth rate of 7.86% during the forecast period of 2019-2025.

Europe is the leading region in the zinc-air batteries market. This attributes with the flourishing electronics and automotive industries in the region. Moreover, growing of older population along region population inclination towards appealing technologies and gadgets are anticipated to contribute in the demand growth for zinc-air batteries. The region accounted for a major share of 36% in 2018.

Zinc-Air Batteries Market: Outlook

Zinc air batteries, also known as zinc-air fuel cells, are metal-air batteries driven by the oxidizing zinc with oxygen from the air. The batteries consists if high energy densities and its production value is inexpensive than other batteries. Energizer zinc air batteries provides broad range of applications due to which demand for such batteries are gaining traction from industries worldwide.

Light weight is the major factor that drives the zinc-air batteries market. Among application segment, small devices dominates the market. High energy density, constant voltage, cost-effectiveness, rechargeable and long battery life are some benefits that are associated with the growth of small devices. The application is anticipated to grow with CAGR of 8.82% through to end period.

Zinc-Air Batteries Market: Growth Drivers

·    The growing use of zinc air batteries as power sources such as remote railway signaling and navigation aid systems are driving the zinc-air batteries market.

·   The use of zinc-air batteries from miniature hearing aids to cardiac telemetry monitors for continuous monitoring will stimulate the market value.

·    In telecommunication sector, zinc air batteries are used for communication receivers such as e-mail devices, pagers, and other messaging tools are leveraging profits in the zinc-air batteries market.

·   The global shift towards clean energy has instigated the demand for zinc and zinc air battery systems. The high demand for zinc from industries creates optimum opportunities for the key players in the zinc-air battery market.

Zinc-Air Batteries Market Trends

·    The recent research project known as ZnMobil is funded by German Federal ministry for Economic Affairs and Energy. The main objective behind the project is to develop a scalable zinc-air battery for mobile applications. The zinc batteries can be recharged mechanically and electrically (replacing electrolyte). The growth of mechanical recharging batteries will provide several advantages such as short charging time therefore provide great customer benefit.

·    The current technologies used in large scale storage systems are pumped system or compressed air energy storage (CAES) requires large water reservoirs .The project named as Powair initiated and funded under the EU’s Seventh Framework Programme (FP7), aimed to develop a technology that permits large capacities of electrical energy to be transmitted, distributes, stored whenever required.

·   The adoption of renewable solar and wind energy requires massive energy storage systems. The use of energy related metals such as vanadium, cobalt, and lithium market are a high cost solution to produce the storage batteries. Hence, the zinc-air batteries are gaining traction from solar and wind industry.

·    The growing rural projects to provide access to electricity in the communities and rural areas are creating demand for zinc-air rechargeable battery. While other batteries cost $300 to $500 per kilowatt hour, zinc-air batteries cost not more than $100 per kilowatt hour. The current use of zinc and air battery growth is also associated with several government projects.

·     Earlier, due to use of lithium-ion batteries the electric vehicles manufactures faced many technological barriers such as long recharging times, limited driving range and others. The increasing focus of manufactures into metal-air batteries give rise to use of zinc-air batteries in the electric vehicles. The growing demand for zinc-air batteries will fuel the growth prospects in the market.

Global Zinc-Air Batteries Market: Challenges

Presence of mercury traces in the zinc-air batteries can be hazardous for human. Mercury can leak outside the zinc-batteries that increases the risk of mercury poisoning. Furthermore, the oxygen-reducing reaction used for catalyzing electrodes to gain high performance is very sluggish due to which the zinc air batteries market players face challenges. To overcome these challenges, the countries mandate to manufacture mercury free batteries. Also, performance of the anode can be improved using zinc nanoparticles that will enhance the overall performance.

Global Zinc-Air Batteries Market Companies

Some of the major players in the zinc-air batteries market are Berkshire Hathaway Inc., Spectrum Brands Holdings, Inc., Energizer Holdings, Panasonic Corporation, NantEnergy, ReVolt Technologies, Electric Fuel Battery Corporation, ZAF Energy Systems, Kodak Batteries, Fujitsu, and Toshiba.

Global Zinc-Air batteries Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the zinc-air batteries market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of zinc-air batteries market, and its segmentation on the basis of type that includes rechargeable and non-rechargeable.

Global Zinc-Air batteries Market Report: Industry Coverage

The report analyses the product demands by the zinc-air batteries market on the basis of applications that includes electric cars, safety lamps, remote signaling communication, and small devices. The zinc-air batteries market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia
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1.Zinc-air Batteries Market - Overview
        1.1 Definitions and Scope
2.Zinc-air Batteries Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3.Zinc-air Batteries Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4.Zinc-air Batteries Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5.Zinc-air Batteries Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6.Zinc-air Batteries Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7.Zinc-air Batteries Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8.Zinc-air Batteries Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9.Zinc-air Batteries Market - By Type(Market Size -$Million / $Billion)
        9.1 Competition Landscape
            9.1.1 Competition Matrix

        Berkshire Hathaway Inc.
        Energizer Holdings
        Panasonic Corporation
            9.1.2 Company Profiles
        Panasonic Corporation
        Electric Fuel Battery Corp
        Renata S.A
        Revolt Technology
        Berkshire Hathaway Inc.
        Gp Batteries International Limited
10.Zinc-air Batteries - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11.Zinc-air Batteries- By Geography (Market Size -$Million / $Billion)
        11.1 Zinc-air Batteries Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)

            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Zinc-air Batteries- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)

            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Zinc-air Batteries- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)

            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Zinc-air Batteries - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)

            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 Zinc-air Batteries - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)

            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12.Zinc-air Batteries Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13.Zinc-air Batteries Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14.Zinc-air Batteries Market - Key Company List by Country Premium
15.Zinc-air Batteries Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Company 2
        15.3 Company 3
16.Zinc-air Batteries Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17.Zinc-air Batteries Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends