Global Zinc-ion Battery Market Size Study, by Product Type, by Application and Regional Forecasts 2022-2032

Description

Global Zinc-ion Battery Market is valued approximately at USD 8.95 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.93% over the forecast period 2024-2032. Zinc-ion batteries are gaining significant traction in the household and commercial sectors due to their increasing adoption in battery packs used in homes and workplaces. As research and development efforts intensify to create low-cost alternatives, the demand for zinc-ion batteries is expected to surge. Unlike lithium-ion batteries, which pose safety risks, zinc-ion batteries offer a safer option for energy storage in renewable power sources. Additionally, the growing demand for consumer electronics, such as computers, cameras, gadgets, and game players, is projected to significantly boost the global zinc-ion battery market.

The burgeoning demand for electric vehicles is another critical driver of industry growth, as zinc-ion batteries provide a cost-effective alternative to lithium-ion and nickel-cadmium batteries. Furthermore, zinc-air batteries are experiencing rising demand across various industries, particularly in traffic-signalling systems, due to their long shelf lives, which help prevent traffic signal problems and potential accidents. The market is further driven by strong government regulations, the evolving energy storage sector and continued scientific perseverance and R&D emphasis are expected to further drive demand for the Global Zinc-ion Battery Market.

The key regions considered for the Global Zinc-ion Battery Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The North America Zinc-ion Battery market is poised to hold a significant revenue share, driven by government initiatives to curb greenhouse gas emissions and promote renewable energy. Europe is expected to witness considerable growth, propelled by robust construction activities and the widespread promotion of safety lighting in expanding cities. The Asia-Pacific region is projected to experience rapid growth due to the rising adoption of zinc-ion batteries in electric vehicles and the region's substantial production of electronics.

Major market player included in this report are:

Panasonic Corporation
Salient Energy
ENZINC, INC
Eos Energy
Enerpoly
Shenzhen Tcbest Battery Industry Co. Ltd.
Eastman Kodak Company
Hindustan Zinc
Nippo Batteries
Shenzhen Better Power Battery Co. Ltd.
ZincFive Inc
Linyi Huatai Battery Co. Ltd
Zihejiang Yonggao Battery Co. Ltd
Primus Power
LG Chem

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Zinc-Mn Battery
Zinc-Chloride Battery
Zinc-Carbon Battery
Zinc-Silver Battery
Zinc-Nickel Battery
Zinc-Air Battery

By Application:

Consumer Electronics
LED Lighting
Automotive
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Zinc-ion Battery Market Executive Summary

1.1. Global Zinc-ion Battery Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Zinc-ion Battery Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Zinc-ion Battery Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Consumer Electronics
- 3.1.2. Growing Adoption of Electric Vehicles
- 3.1.3. Advantages over Lithium-ion Batteries
3.2. Market Challenges
- 3.2.1. High Initial Costs and R&D Expenditure
- 3.2.2. Competition from Established Battery Technologies
3.3. Market Opportunities
- 3.3.1. Expansion in Renewable Energy Storage
- 3.3.2. Advancements in Battery Technology
- 3.3.3. Government Initiatives for Green Energy

Chapter 4. Global Zinc-ion Battery Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Zinc-ion Battery Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Zinc-ion Battery Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Zinc-Mn Battery
- 5.2.2. Zinc-Chloride Battery
- 5.2.3. Zinc-Carbon Battery
- 5.2.4. Zinc-Silver Battery
- 5.2.5. Zinc-Nickel Battery
- 5.2.6. Zinc-Air Battery

Chapter 6. Global Zinc-ion Battery Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Zinc-ion Battery Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Consumer Electronics
- 6.2.2. LED Lighting
- 6.2.3. Automotive
- 6.2.4. Others

Chapter 7. Global Zinc-ion Battery Market Size & Forecasts by Region 2022-2032

7.1. North America Zinc-ion Battery Market
- 7.1.1. U.S. Zinc-ion Battery Market
  - 7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Zinc-ion Battery Market
7.2. Europe Zinc-ion Battery Market
- 7.2.1. U.K. Zinc-ion Battery Market
- 7.2.2. Germany Zinc-ion Battery Market
- 7.2.3. France Zinc-ion Battery Market
- 7.2.4. Spain Zinc-ion Battery Market
- 7.2.5. Italy Zinc-ion Battery Market
- 7.2.6. Rest of Europe Zinc-ion Battery Market
7.3. Asia-Pacific Zinc-ion Battery Market
- 7.3.1. China Zinc-ion Battery Market
- 7.3.2. India Zinc-ion Battery Market
- 7.3.3. Japan Zinc-ion Battery Market
- 7.3.4. Australia Zinc-ion Battery Market
- 7.3.5. South Korea Zinc-ion Battery Market
- 7.3.6. Rest of Asia Pacific Zinc-ion Battery Market
7.4. Latin America Zinc-ion Battery Market
- 7.4.1. Brazil Zinc-ion Battery Market
- 7.4.2. Mexico Zinc-ion Battery Market
- 7.4.3. Rest of Latin America Zinc-ion Battery Market
7.5. Middle East & Africa Zinc-ion Battery Market
- 7.5.1. Saudi Arabia Zinc-ion Battery Market
- 7.5.2. South Africa Zinc-ion Battery Market
- 7.5.3. Rest of Middle East & Africa Zinc-ion Battery Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Salient Energy
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Hindustan Zinc
- 8.3.3. Nippo Batteries
- 8.3.4. Eos Energy
- 8.3.5. Enerpoly
- 8.3.6. Shenzhen Tcbest Battery Industry Co. Ltd.
- 8.3.7. Eastman Kodak Company
- 8.3.8. Shenzhen Better Power Battery Co. Ltd.
- 8.3.9. ZincFive Inc
- 8.3.10. Linyi Huatai Battery Co. Ltd
- 8.3.11. Zihejiang Yonggao Battery Co. Ltd
- 8.3.12. Primus Power
- 8.3.13. Panasonic Corporation
- 8.3.14. ENZINC, INC
- 8.3.15. LG Chem

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes