Focus on Improving Performance of Zinc-Air Batteries to drive their Use in Wide Variety of Applications
Published On : Dec 28, 2018 | Category : Chemicals & Materials
The market for zinc-air batteries has gained widespread traction in consumer electronics to power a wide variety of devices such as remote controls, watches, and pagers, and hearing aids. The giant drive has stemmed from the marked energy density these batteries exhibit in the applications. In many of these applications, they have proven to be better performing than lithium-ion systems for capturing and storing renewable energy. Moreover, since zinc is markedly inexpensive and easily available, the commercialization of zinc-air batteries has witnessed rapid pace in recent decades. Developing better alternatives has been the focus of battery manufacturers and energy storage technology developers, thereby boosting the global market.
Zinc-air batteries are being pitched as ideal energy storage solutions for energy grid applications. Particularly, they have shown vast promises as cost-effective renewable energy storage components as they have been used in cell phone towers in Asia and Africa recently. Witnessing the vast prospects, the global zinc-air batteries market is anticipated to clock a CAGR of 8.2% from 2018 to 2026, according to a projection by Transparency Market Research (TMR).
Burgeoning Use of the Batteries in Hearing Aids underpins Generous Revenue Prospects
Myriad use of zinc-air batteries in various portable and stationary devices in end-use industries provide a large impetus to the growth of the zinc-air batteries. The use of these batteries in the medical industry is one of the promising applications that have attracted enormous attention by industry players. A large part of the drive has stemmed from the need for reducing the hearing aids battery issues for users. The popularity of zinc-air batteries in digital as well as analog hearing devices has been on the rise over the years.
The demand for these hearing aids among the global population is the key factor that has fueled the application. The growing prevalence of hearing loss in children and the rising incidence of hearing disorders are the key factors boosting the demand for various types of hearing aids. Manufacturers have been constantly focused on improving the energy storage capacity of zinc-air batteries in hearing aids with an aim to improve the overall functionality of these devices. They are made to work in a variety of environmental conditions. Expanding the know-how of the users on the proper use and storage of these batteries will further expand their prospects in the medical applications.
Zinc-air Batteries show Enormous Promise in use in Traffic Signaling Systems and Electric Vehicles
The need for environmentally-friendly and inexpensive ways for storing and delivering electric energy has been key to expanding the use of zinc-air batteries in diverse applications. In recent years, these have been widely gathered steam in electric vehicles and transport communication technology. Of particular interest is the rising use of zinc-air batteries in traffic signaling systems, especially for railways. Benefits of stable voltage output, reduced self-discharge, and light weight account as compelling propositions for their use in signaling systems. Moreover, they offer the advantage of high shelf-life and are resilient to adverse environmental and physical conditions prevalent in the operation of traffic signals for railways.
In recent years, a number of companies in developed nations has explored the prospects of making zinc-air batteries rechargeable and are working to overcome technical hurdles in their commercialization. Rechargeable zinc-air batteries exhibit vast potential in storage technologies for electric vehicles. This is likely to create vast possibilities for manufacturers and retailers in the market to capitalize on.