logo image
search icon
Zinc-ion Battery Market

Zinc-ion Battery Market Size, Share & Trends Analysis Report by Product Type (zinc-mn Battery, Zinc-Chloride Battery, Zinc-Carbon Battery, Zinc-Silver Battery, Zinc-Nickel Battery and Zinc-Air Battery) And End Users (Consumer Electronics, LED Lighting, Automotive), Region and Segment Forecasts, 2024-2031

Report ID : 1825 | Published : 2024-08-06 | Pages: 180 | Format:

The Global Zinc-Ion Battery Market Size is valued at 9.37 billion in 2023 and is predicted to reach 12.40 billion by the year 2031 at a 3.62% CAGR during the forecast period for 2024-2031.

Zinc-ion batteries are becoming more and more in demand from the household market. Battery packs in people's homes and workplaces increasingly use zinc-ion batteries. Demand for zinc-ion batteries will increase as research and development efforts to create low-cost batteries increase. Since lithium-ion batteries pose poor safety risks, non-lithium batteries are anticipated to become more prevalent in energy storage for renewable power sources. Due to the tremendous rising demand for consumer electronics, including computers, cameras, gadgets, game players, and others, the global zinc-ion battery market is predicted to expand significantly. 

The growing demand for electric vehicles has an impact on future industrial growth as well. Another essential reason driving industry expansion is the low cost of zinc-based batteries compared to other batteries, like lithium-ion and nickel-cadmium batteries.

Furthermore, demand for zinc-air batteries is rising in several different industries. Zinc-air batteries are used in many traffic-signaling systems, such as LED traffic signals, traffic signs, and numerous traffic signals. Short shelf lives may cause traffic signal problems that could lead to accidents, which has increased demand for the zinc-ion battery industry due to their long shelf lives. Additionally, strong government restrictions, evolving energy storage, and a mended supply chain were the causes of the industry's recovery in the preceding couple of quarters. Furthermore, COVID-19's long-term effects will be mitigated by the scientific community's perseverance and emphasis on R&D development. 

Competitive Landscape:

Some of the Zinc-ion Battery market players are:

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

Market Segmentation:

The zinc-ion battery market is segmented on the basis of product type and end users. Product type segment includes zinc-mn battery, zinc-chloride battery, zinc-carbon battery, zinc-silver battery, zinc-nickel battery and zinc-air battery. Application segment includes consumer electronics, led lighting, automotive and others.

Based On End Users, The Consumer Electronics Segment Is A Major Contributor To The Zinc-Ion Battery Market

The consumer electronics category will hold a major share of the global Zinc-ion Battery market in 2024. Zinc-ion batteries are perfect for portable electronics and several other consumer electronics goods. Cellular phones, laptops, PCs, tablets, illumination, hearing aids, and other wearable technology frequently use these batteries.

The Zinc-Air Segment Witnessed Growth At A Rapid Rate

The zinc-air segment is projected to grow rapidly in the global Zinc-ion Battery market. Because of the shift in customer demand for renewable sources like wind and solar, zinc-air batteries are expected to be increasingly used across the electrical and automotive industries. Demand for the product in various electronic devices, including hearing aids, is also predicted to expand in the forecast period, as is the demand for better energy-density storage solutions. As the world economy expands, there is a rising demand for zinc-air batteries. It controls the energy flow in renewable generators, including solar panels, wind turbines, electric grids, and portable energy sources for electronic gadgets and automobiles.

The North America Zinc-Ion Battery Market Holds A Significant Revenue Share In The Region

The North America Zinc-ion Battery market is expected to record the highest market share in revenue shortly. The government organizations' increased focus on greenhouse gas emissions will be the main driver of the regional market in Europe. The market is expected to experience a considerable increase due to the Middle East, Africa, and Latin America all having rising building activity. Additionally, the market will be further pushed by the widespread promotion of safety lighting as cities expand. In addition, Asia Pacific is projected to rise in the global Zinc-ion Battery market. Using these batteries in electric vehicles, particularly electric cars, raises the probability of something happening. With a high-volume energy density and high specific energy, these batters are risk-free and reduce hazards. Asia Pacific is a crucial market because it produces a sizable portion of the world's electronics.

Zinc-Ion Battery Market Report Scope:

Report Attribute

Specifications

Market size value in 2023

USD 9.37 Bn

Revenue forecast in 2031

USD 12.40 Bn

Growth rate CAGR

CAGR of 3.62% from 2024 to 2031

Quantitative units

Representation of revenue in US$ Billion and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends

Segments covered

Product Type And End Users

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

Competitive Landscape

Salient Energy, Hindustan Zinc, Nippo Batteries, Eos Energy, Enerpoly, Panasonic Corporation, ENZINC, INC, Shenzhen Tcbest Battery Industry Co. Ltd., Eastman Kodak Company, Shenzhen BetterPower Battery Co. Ltd., ZincFive Inc., LinyiHuatai Battery Co. Ltd., Zhejiang Yonggao Battery Co. Ltd., Primus Power, and Others

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Zinc-ion Battery Market Snapshot

Chapter 4. Global Zinc-ion Battery Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:

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
5.2.7. By End-Use Sector

Chapter 6. Market Segmentation 2: by End-users Estimates & Trend Analysis
6.1. by End-users & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-users:

6.2.1. Consumer Electronics
6.2.2. LED Lighting
6.2.3. Automotive
6.2.4. Others

Chapter 7. Zinc-ion Battery Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.1.2. North America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.1.3. North America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.2. Europe

7.2.1. Europe Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.2.2. Europe Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.2.3. Europe Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.3. Asia Pacific

7.3.1. Asia Pacific Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.3.2. Asia Pacific Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.3.3. Asia Pacific Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.4. Latin America

7.4.1. Latin America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.4.2. Latin America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.4.3. Latin America Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.5. Middle East & Africa

7.5.1. Middle East & Africa Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.5.2. Middle East & Africa Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.5.3. Middle East & Africa Zinc-ion Battery Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles


8.2.1. Salient Energy
8.2.2. Hindustan Zinc
8.2.3. Nippo Batteries
8.2.4. Eos Energy
8.2.5. Enerpoly
8.2.6. Panasonic Corporation
8.2.7. ENZINC, INC
8.2.8. Shenzhen Tcbest Battery Industry Co. Ltd.
8.2.9. Eastman Kodak Company
8.2.10. Shenzhen Better
8.2.11. Power Battery Co. Ltd.
8.2.12. ZincFive Inc
8.2.13. LinyiHuatai Battery Co. Ltd
8.2.14. Zihejiang Yonggao Battery Co. Ltd
8.2.15. Primus Power
8.2.16. Other Prominent Players

Segmentation of Zinc-ion Battery Market-

Zinc-ion Battery Market By Product Type

  • Zinc-Mn Battery
  • Zinc-chloride Battery
  • Zinc-Carbon Battery
  • Zinc-Silver Battery
  • Zinc-Nickel Battery
  • Zinc-Air Battery 

Zinc-ion Battery Market By End-Use Sector

  • Consumer Electronics
  • LED Lighting
  • Automotive
  • Others

Zinc-ion Battery Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

 InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

user icon
office icon
mail icon
call icon

This website is secure, and we do not share your personal information with any third party. Privacy Policy

Need Customization
Need specific information/chapter from the report of the custom data table, graph or complete report? Tell us more.

Frequently Asked Questions

How big is the Zinc-ion Battery Market?

Zinc-ion Battery Market expected to grow at a 3.62% CAGR during the forecast period for 2024-2031

Salient Energy, Hindustan Zinc, Nippo Batteries, Eos Energy, Enerpoly, Panasonic Corporation, ENZINC, INC, Shenzhen Tcbest Battery Industry Co. Ltd.,

Our Clients

  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo

Media Citations

  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo

Growth opportunities and latent adjacency in Chemicals and Materials

Select Licence Type
$4456
$7786
$10000
$1200
Get Your GTM Strategy

Navigate market entry with channel selection, launch strategy & timeline, and pricing model support.

Equip yourself with the insights needed to develop a winning go-to-market strategy

Get real-time updates and joint control over project direction with our collaborative approach