Global Nickel Zinc Rechargeable Battery Market Size & Outlook

The nickel zinc rechargeable battery industry worldwide is expected to reach a projected revenue of US$ 59.2 million by 2030. A compound annual growth rate of 23.4% is expected of the worldwide nickel zinc rechargeable battery industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13.6
Forecast, 2030 (US$M)
$59.2
CAGR, 2024 - 2030
23.4%
Report Coverage
Worldwide

Global nickel zinc rechargeable battery market, 2018-2030 (US$M)

Related Markets

Global nickel zinc rechargeable battery market highlights

  • The global nickel zinc rechargeable battery market generated a revenue of USD 13.6 million in 2023 and is expected to reach USD 59.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 23.4% by 2030.
  • In terms of segment, aaa battery accounted for a revenue of USD 7.4 million in 2023.
  • 5AA Battery is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.


Global data book summary

Market revenue in 2023USD 13.6 million
Market revenue in 2030USD 59.2 million
Growth rate23.4% (CAGR from 2023 to 2030)
Largest segmentAaa battery
Fastest growing segment5AA Battery
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation5AA Battery, AAA Battery


Other key industry trends

  • In terms of revenue, the North America accounted for 25.0% of the global nickel zinc rechargeable battery market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Korea is the fastest growing regional market and is projected to reach USD 1.6 million by 2030.

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Nickel Zinc Rechargeable Battery Market Companies

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Global nickel zinc rechargeable battery market size, by regions, 2018-2030 (US$M)

Top 10 countries: Nickel zinc rechargeable battery market size, 2023 (US$M)

Global nickel zinc rechargeable battery market share, by type, 2023 & 2030 (%, US$M)

Nickel zinc rechargeable battery market: Opportunity assessment by country

Global nickel zinc rechargeable battery market, by region, 2023 (US$M)

Global nickel zinc rechargeable battery market size, by regions, 2018-2030 (US$M)

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