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Zinc Battery Market worth $2.0 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 28, 2024 /PRNewswire/ — The global Zinc battery market is projected to reach USD 2.0 billion by 2029 from USD 1.0 billion in 2024; it is expected to grow at a CAGR of 13.6% according to a new report by MarketsandMarkets™. Key factors propelling the market growth include benefits over other battery technologies, abundance of zinc metal, and increasing investments globally in grid infrastructure.

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Browse in-depth TOC on “Zinc Battery Market” 
100 – Tables
60 – Figures
200 – Pages

Zinc Battery Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.0 billion

Estimated Value by 2029

$ 2.0 billion

Growth Rate

Poised to grow at a CAGR of 13.6%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Battery Type, Rechargeability, Application and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Presence of alternative battery technologies

Key Market Opportunities

Increasing reliance on data centers

Key Market Drivers

Benefits over other battery chemistries

Secondary battery segment to hold a larger market share during the forecast period.

During the forecast period, the secondary battery segment is expected to hold the larger market share. Secondary Zinc battery offers a high energy density and reliability for grid energy storage. These batteries can be discharged and recharged multiple times by reversing the chemical reactions that occur during discharge. It is also called a rechargeable battery. Zinc-ion battery, zinc-bromine battery, and nickel zinc battery are basically secondary batteries.

Zinc-bromine battery segment to grow at higher CAGR between 2024 and 2029.

Zinc-bromine battery is a type of rechargeable battery that uses zinc and bromine ions in its electrochemical reactions to store and release energy. In this battery, zinc is typically used as the anode and bromine as the cathode. It has an aqueous solution of zinc bromide that circulates between the anode and cathode compartments. It has a microporous membrane separates the two electrolyte compartments, allowing zinc ions to flow between them while preventing the bromine and zinc metal from mixing directly.

The medical segment is estimated to hold a larger market share from 2024 to 2029.

Zinc-air batteries are the most common type used in hearing aids due to their small size and lightweight nature, making them ideal for powering compact and discreet hearing devices. These batteries are available in various sizes to accommodate different styles and models of hearing aids, ensuring compatibility across a wide range of devices. Zinc-air batteries offer excellent energy density, allowing them to deliver consistent and reliable power to hearing aids for extended periods. This is particularly important for individuals who rely on their hearing aids throughout the day, as they can trust that their devices will remain operational without frequent battery changes. The stable voltage output of zinc-air batteries also ensures consistent sound quality and amplification, enhancing the overall listening experience for users.

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Asia Pacific region is likely to be the fastest-growing region in the global zinc battery market during the forecast period.

The Asia Pacific region is experiencing the fastest CAGR in the zinc batteries industry due to its rapid urbanization, industrialization, and increasing energy demand. Governments in this region are investing heavily in renewable energy projects and energy storage solutions to support sustainable development and reduce reliance on fossil fuels. Additionally, the presence of major battery manufacturers and ongoing advancements in zinc battery technologies are driving market growth, making Asia Pacific a key player in the global zinc batteries market. Furthermore, large zinc production in China, as well as large use in automotive & transportation industry, rapid technological developments in Japan, and cutting-edge research going on in the region are the drivers of the zinc battery market in the region.

Key players in the Zinc battery companies include Eastman Kodak Company (US), Panasonic Energy Co., Ltd. (Japan), Duracell Inc. (US), and Energizer Holdings, Inc. (US).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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CES 2025: Aurafit to Unveil G12 Smartwatch, the Ultimate Companion for A Connected, Active, and Healthy Life

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LAS VEGAS, Jan. 1, 2025 /PRNewswire/ — At CES 2025, taking place from January 7-10, Aurafit, a pioneering brand dedicated to providing innovative smart equipment for modern sports enthusiasts and tech-savvy individuals, is set to introduce its latest flagship product, the G12 Smartwatch. This versatile GPS smartwatch is designed to transform how people interact with technology in their everyday lives.

This all-in-one device supports five satellite navigation systems: BeiDou, GPS, GLONASS, Galileo, and QZSS, ensuring precise and reliable positioning no matter where the user is. The inclusion of a built-in compass makes the G12 Smartwatch an indispensable companion for outdoor adventures, providing users with the confidence to explore new terrains. It supports over 150 sports modes, catering to various activities from running and cycling to yoga and swimming. This extensive range of modes ensures that users can optimize their training sessions and track their progress with ease. Additionally, with more than 100 cloud-based watch faces, users can customize their smartwatch to match their style and preferences.

AI functionalities are at the core of the G12 Smartwatch, offering an AI voice assistant, AI voice-activated watch faces, AI smart translation, AI voice notes, and AI art watch faces. These features transform the smartwatch into a powerful tool for managing daily tasks, staying connected, and expressing creativity. Whether setting reminders, taking notes, or translating languages on the go, the G12 Smartwatch enhances efficiency and organization in daily life.

As a wholly-owned subsidiary of Shenzhen Smart Care Technology Co., Ltd. (SMA), Aurafit has been a key player in the smart wearable industry for over a decade. The company boasts an expansive industrial park covering over 10,000 square meters and employs a strong team of over 600 professionals, with more than 20% dedicated to research and development. Aurafit has established itself as a leader in the field, offering a product line that includes smartwatches, smart headphones, and smart glasses, along with related accessories. With over 200 technology patents in health and sports recognition algorithms, Aurafit’s products are sold in more than 50 countries worldwide.

As it continues to push the boundaries of innovation and redefine the future of smart wearables, Aurafit welcomes partners from the global smart wearable industry to visit its booth at LVCC South Hall 1, #30121, during CES 2025.

For more information, please visit: www.aurafitofficial.com.

Media Contact: Chupeng Song, songchupeng@smawatch.com

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SOURCE Shenzhen Smart Care Technology Co., Ltd. (SMA)

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A Nation Unites to Set a New Guinness World Records™ title for ‘Most People Contributing to an AI-generated Image’

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Media City Qatar and Google Cloud partner for groundbreaking ‘Qatar ArtBeat’ initiative for Qatar National Day 2024

DOHA, Qatar, Jan. 1, 2025 /PRNewswire/ —  Media City Qatar, a catalyst for next-generation media, in partnership with Google Cloud, has set a new Guinness World Records™ title for the ‘Most people contributing to an AI-generated image’ with its groundbreaking initiative, ‘Qatar ArtBeat.’ With over 15,000 contributions, more than 5.4 million people reached, and in excess of 68,000 engagements from across the country, this historic achievement exemplifies how tradition and technology can merge to unite a community in creating a singular, innovative artwork.

The world record was achieved by the powerful capabilities of Google Cloud’s Vertex AI platform, Gemini models, and Google BigQuery data platform seamlessly combining comments to reflect voices, emotions, and aspirations shared by the community. The initiative, which ran from December 9 to 17 on Media City Qatar’s social media channels, also incorporated sentiments from broader public conversations about Qatar National Day 2024, ensuring that every voice was represented in the final masterpiece. The resulting artwork co-created by the nation reflects unity, creativity, and shared aspirations, setting a remarkable benchmark in the integration of art, technology, and community engagement.

Qatar National Day, celebrated annually on December 18, marks a pivotal moment in the nation’s history, honoring unity, progress, and cultural pride. Media City Qatar seized this opportunity to showcase Qatar’s ability to blend tradition with modernity.

“‘Qatar ArtBeat’ has been a groundbreaking initiative! And now, as the first-of-its-kind to achieve and set a new world record, recognized by Guinness World Records™, it stands as a historic achievement for our nation,” said Eng. Jassim Mohamed Al Khori, CEO of Media City Qatar. “This milestone highlights Media City Qatar’s leadership in innovation and our ability to bring the community together through creativity and technology for this year’s Qatar National Day.”

“‘Qatar ArtBeat’ demonstrates how Google Cloud’s advanced technology can connect communities to achieve something extraordinary,” said Ghassan Kosta, Regional General Manager of Google Cloud. “We are honored to support this project with Media City Qatar, which reflects the potential of technology to celebrate culture and creativity—and set a new world record.”

“This iconic record-breaking moment by ‘Qatar ArtBeat’ is a truly historic achievement,” said Shaddy Gaad, Senior Marketing Manager, Guinness World Records™. “Recognizing the ‘Most People Contributing to an AI-generated Image’ highlights the innovation and collaboration that brought this project by Media City Qatar, in partnership with Google Cloud, to life. It is a testament to Qatar’s ability to unite the nation around a creative and groundbreaking initiative.”

As an emerging global media hub, Media City Qatar embodies its vision of “Where Next Is Made” by offering a supportive regulatory environment, state-of-the-art business facilities, and attractive incentive schemes. These pillars drive the sustained growth and development of Qatar’s creative industries, spanning broadcasting, news, gaming, publishing, production, animation, media technologies, social and digital media, and content localization.

ABOUT MEDIA CITY QATAR

Media City Qatar is an emerging, collaborative global hub for media companies, entrepreneurs, innovators, and creative talent, and a regional leader in the media industry, contributing to Qatar’s economic diversification. It accelerates the evolution of regional media to create a powerful and innovative ecosystem where exceptional ideas and content thrive. Media City Qatar was established to streamline necessary regulations, develop businesses, and unlock investment opportunities to support the media ecosystem in Qatar under its regulatory, developmental, and investment mandates.

Media City Qatar aims to foster a nurturing environment and a hub for traditional and digital media, technology, communications, research, and development. From broadcasting to traditional and digital newspapers, from gaming to user-generated content, and enabling AI and advanced technologies, Media City Qatar welcomes businesses across different media segments of various scales to join us in Doha.

For more information, visit www.mediacity.qa or follow us on

https://www.facebook.com/mediacityqa

https://www.linkedin.com/mediacityqa

https://www.instagram.com/mediacityqa

https://x.com/mediacityqa 

ABOUT GOOGLE CLOUD

Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models, and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

ABOUT GUINNESS WORLD RECORDS

What’s the fastest game bird in Europe? This was the question that inspired the founding of Guinness World Records back in 1955. Starting with a single book published from a room above a gym, GWR has grown to become a global multi-media brand, with offices in London, New York, Miami, Beijing, Tokyo and Dubai. Today, we deliver world-class content, not just through Books, but via TV shows, Social Media and Live Events. Our in-house consultancy works closely with brands and businesses around the world to harness the power of record-breaking and deliver award-winning campaigns and business solutions. Our ultimate purpose is to inspire people - individuals, families, schools, groups, companies, communities and even entire countries – to read about, watch, listen to and participate in record-breaking. To join this record-breaking community – and find out the answer to that original question – visit guinnessworldrecords.com.

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re:3D announces OrthoAdditive Africa as the recipient of the 2024 Gigaprize competition; the organization will receive an industrial 3D printer to help pursue their mission in South Africa

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AUSTIN, Texas, Jan. 1, 2025 /PRNewswire/ — re:3D, Inc. is pleased to announce the winner of the 2024 Gigaprize competition. For every hundred printers sold, re:3D donates a Gigabot large-format, industrial 3D printer to an individual or organization committed to doing good in their community. This year, the award is a Gigabot 4 filament 3D printer.

An expert panel of judges has awarded the 2024 Gigaprize to OrthoAdditive Africa in Cape Town, South Africa. OrthoAdditive Africa’s mission is to overcome barriers to healthcare access for people living with disabilities through CAD and additive manufacturing technology. They propose to use their Gigabot 3D printer to prototype a range of seating, positioning, and mobility devices currently in development with their collaborators Shonaquip SE, using a variety of materials printed by the Gigabot.

re:3D wishes to recognize the outstanding applicants for this year’s prize who are doing incredible work in their communities: these include Asmbly Makerspace (Austin, TX), Black Sheep Food Initiative (Saybrook, IL), the Citizens Archive of Pakistan (Karachi, Pakistan), EveryShelter (Houston, TX and Kampala, Uganda), SOC Films (Karachi, Pakistan), and the Welman Project (Fort Worth, TX). We also extend our thanks to our expert panel of judges for taking time out of their busy schedules to evaluate the application videos and determine the winner of this year’s Gigaprize.

ABOUT re:3D

re:3D® Inc. consists of a group of explorers committed to eliminating the cost and scale barriers to industrial 3D printing. Having pioneered the world’s first affordable, human-scale industrial 3D printer, re:3D now offers a range of large-scale, affordable 3D printers capable of printing from virgin and reclaimed filament, pellets, and/or flake. Beyond supplying 3D printers to customers in over 50 countries, re:3D offers contract printing, consulting, design, materials testing, and education services. For more information on re:3D, visit www.re3d.org.

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SOURCE re:3D

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