Global Ni-MH Battery Market Growth 2023-2029

Global Ni-MH Battery Market Growth 2023-2029

The active components of a rechargeable NiMH battery in the charged state consist of nickel hydroxide (NiOOH) in the positive electrode and a hydrogen storing metal alloy (MH) in the negative electrode as well as an alkaline electrolyte.

LPI (LP Information)' newest research report, the “Ni-MH Battery Industry Forecast” looks at past sales and reviews total world Ni-MH Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Ni-MH Battery sales for 2023 through 2029. With Ni-MH Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ni-MH Battery industry.

This Insight Report provides a comprehensive analysis of the global Ni-MH Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ni-MH Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ni-MH Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ni-MH Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ni-MH Battery.

The global Ni-MH Battery market size is projected to grow from US$ 1864.5 million in 2022 to US$ 1610 million in 2029; it is expected to grow at a CAGR of 1610 from 2023 to 2029.

Global Ni-MH Battery key players include Primearth EV Energy, FDK, GP Batteries International, Corun, etc. Global top four manufacturers hold a share over 45%.

North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Small-sized battery is the largest segment, with a share nearly 80%. And in terms of application, the largest application is Retail market, followed by HEV, Cordless phone, Personal care, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Ni-MH Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Small-Sized Ni-MH Battery for Consumer Electronics

Large-Sized Ni-MH Battery for HEV

Segmentation by application

HEV

Retail Market

Cordless Phone

Dust Collector

Personal Care

Lighting Tools

Electric Tool

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Primearth EV Energy

FDK

GP Batteries International

Highpower International Inc

Corun

Panasonic

SAFT

Chunlan

Lexel Battery

EPT Battery Co., Ltd

Energizer Holdings

Great Power Energy

Suppo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ni-MH Battery market?

What factors are driving Ni-MH Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ni-MH Battery market opportunities vary by end market size?

How does Ni-MH Battery break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.