Global Zic Air Battery Market Outlook 2037

The global zinc air battery market is anticipated to grow with a CAGR of 7.53% over the forecast period, i.e., 2025-2037. Factors such as the surge in the demand for electric vehicles, followed by the rising support by government initiatives are projected to drive the growth of the market in the coming years. Additionally, the rising IoT gadgets and wearable devices are also expected to boost the market growth. The market is estimated to garner a revenue of nearly USD 402 billion by the end of 2037, up from a revenue of about USD 157 billion in the year 2024.

The global zinc air battery market is segmented into numerous segments, which include segmentation by type, voltage type, end user, application, battery type, and region. By type, the market is segmented into primary, and secondary. By the end of 2037, the primary segment is anticipated to garner the largest revenue of around USD 0.21 billion, up from a revenue of close to USD 0.86 billion in the year 2024.

On the basis of region, the global zinc air battery market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific, amongst the markets in all the other regions, is anticipated to garner the largest revenue of more than USD 0.201 billion by the end of 2037. Moreover, in the year 2024, the market in the region generated a revenue of over USD 0.072 billion.

Some of the prominent industry leaders in the global zinc air battery market that are included in our report are Thunderzee Inc., Electric Fuel Battery Corporation, Renata SA (Swatch Group), ZAF Energy Systems, Inc., NEXcell BATTERY CO., LTD., Digital Energy Corporation, Zinc8 Energy Solutions Inc., and others.