SMPP Software
Global ZincBased Battery Market Research and Forecast 20182023
SMPP Software ProviderZinc-based battery is a rechargeable battery using zinc as an anode. It powers various applications such as electric vehicles, toys, drones, cameras, flashlights, and so on. The main element used in these batteries is zinc which is the fourth most abundant element and is much cheaper as compared to other materials used in lithium-ion or nickel metal hydride batteries. The market for the zinc-based battery is expected to show significant growth due to increasing demand for consumer electronics such as cameras, laptop, game player, toys, and others. In addition, the increasing market of the electric vehicle further augments the growth of the market in the future. Another major factor driving the growth of the market include low cost of zinc-based batteries as compared to other batteries such as lithium-ion batteries and nickel-cadmium batteries. However, factors such as the presence of alternatives in the market and low shelf life of the zinc-based batteries hinder the growth of the market.
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By on in Business Infographics
  • JoinedSeptember 5, 2018
  • Country India


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