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Zinc Air Batteries Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Zinc Air Batteries Market Statistics 2028The global Zinc-Air Batteries market size is estimated to be worth US$ 418.9 million in 2022 and is forecast to a readjusted size of US$ 607.8 million by 2028 with a CAGR of 6.4% during the review period. 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.
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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.
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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
• Primary (Non-rechargeable)
• Secondary (Rechargeable)
• Mechanical Recharge
Zinc Air Batteries Market By Application
• Hearing Aid
• Medical
• Other
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