Zinc-Air Batteries - Global Market Trajectory & Analytics

Global Zinc-Air Batteries Market to Reach $2.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Zinc-Air Batteries estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027. Rechargeable, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Rechargeable segment is readjusted to a revised 5.6% CAGR for the next 7-year period.

The U. S. Market is Estimated at $433.4 Million, While China is Forecast to Grow at 10.6% CAGR

The Zinc-Air Batteries market in the U. S. is estimated at US$433.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$569.2 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR. We bring years of research experience to this 16th edition of our report. The 272-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Berkshire Hathaway
• Duracell, Inc.
• Energizer Holdings, Inc.
• GP Batteries International Ltd.
• Panasonic Energy Europe NV
• Renata SA
• Sony Electronics, Inc.
• Spectrum Brands, Inc.
• VARTA Microbattery GmbH