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| PORTLAND, Ore., April 17, 2024 /PRNewswire/ -- Allied Market Research has recently published a report, titled, "Global Zinc-Air Battery Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Non-Rechargeable, Rechargeable), by Application (Hearing Aids, Safety Lamps, Military Devices, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global zinc-air battery market generated $350.2 million in 2022, and is anticipated to generate $521.1 million by 2032, witnessing a CAGR of 4.2% from 2023 to 2032. Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A50137 Prime Determinants of Growth The increasing demand for clean energy solutions and the rising investments in research and development of zinc-air batteries are driving the growth of the zinc-air battery market. However, rising challenges associated with power density and electrolyte evaporation are restraining the growth of the zinc-air battery market. On the other hand, continuous advancements in technology and increasing government support for environmentally friendly energy alternatives are expected to unlock rewarding growth opportunities in the global zinc-air battery market during the forecast period. Report Coverage & Details:
COVID-19 Scenario:
Procure Complete Report (310 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/zinc-air-battery-market Type: Non-rechargeable Sub-Segment Anticipated to Hold Leading Market Share by 2032 The non-rechargeable sub-segment dominated the market in 2022, holding a major share of 68.5%. This sub-segment is expected to hold a leading market share of 67.2% by 2032. This growth is mainly due to the increasing demand for long-lasting battery solutions in applications such as emergency equipment and remote sensors, boosting its market share. Additionally, the unique design of non-rechargeable zinc-air batteries, allowing them to remain inactive for extended periods without deterioration, contributed to their rising popularity in various sectors. Application: Hearing Aids Sub-Segment Anticipated to Grow with Highest CAGR by 2032 The hearing aids sub-segment led the market in 2022, holding a substantial share of 83.9%. This dominance is expected to continue till 2032, growing with a CAGR of 4.4%. The growth of the sub-segment is mainly because of the increasing demand for hearing aids driven by the rising prevalence of hearing impairments and technological advancements boosting product innovation. Additionally, the rising aging population worldwide is driving the demand for hearing aids, further propelling the growth of this sub-segment. By Region: Asia-Pacific Estimated to Dominate the Market in Forecast Period The Asia-Pacific region dominated the global zinc-air battery market in 2022, holding a major share of 36.7%. The dominance of this region is expected to continue by rising with a CAGR of 4.7% in the forecast period. This is mainly due to increasing demand for energy storage solutions in the region. Additionally, rising investments in research and development and supportive government policies are boosting the adoption of zinc-air batteries across various industries in Asia-Pacific. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/A50137 Leading Players in the Zinc-air Battery Market:
The report provides a detailed analysis of the key players of the global zinc-air battery market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. Trending Reports in Zinc-air Battery Industry: Lead-Acid Battery Market Global Opportunity Analysis and Industry Forecast, 2023-2032 Battery Technology Market Analysis and Industry Forecast, 2023-2032 Forklift Battery Market Global Opportunity Analysis 2023-2032 Secondary Battery Market Analysis and Industry Forecast 2023-2032 Lithium-Ion Battery For Consumer Electronics Market Opportunity and Industry Forecast 2023-2032 Grid Scale Battery Market Analysis and Industry Forecast 2023-2032 About us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact us: Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
SOURCE Allied Market Research 
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