Zinc-Air Battery Market, By Type (Non-Rechargeable and Rechargeable), By Voltage Type (Up to 12 V, 12 V to 36 V, and More than 36 V), By Application (Hearing Aids, Military Devices, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Mar 2024

Code : CMI6757

Pages :145

Formats :

Excel and PDF

Industry : Energy

Market Concentration and Competitive Landscape

Zinc-Air Battery Market Concentration By Players

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Potential for Lower Cost Zinc-air Batteries

Zinc-air batteries have the promise of lower material cost compared to lithium-ion batteries. Zinc used in these batteries is widely available and inexpensive metal. For instance, in January 2021, The Tunderzee, a manufacturer, launched a new revolutionary zinc-air battery that is cheaper, lighter, safer, and more effective when compared to the lithium-ion battery. Its price fluctuations are also minimal globally. In contrast, lithium used in lithium-ion batteries have seen significant price volatility in recent years due to supply issues and growing demand. Furthermore, air used as the cathode provides an unlimited material at virtually zero cost unlike lithium or other cathode materials used in lithium-ion batteries. The abundant availability and relatively low and stable prices of zinc anode and air cathode can help address the growing need for lower cost battery solutions. The inherently lower material costs provide an impetus for stakeholders along the zinc-air battery.

Key Players Insights