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  • Published In : Feb 2024
  • Code : CMI6490
  • Pages : 140
  • Formats :
      Excel and PDF
  • Industry : Energy
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Nickel metal hydride (NiMH) batteries have gained significant popularity in recent years as a power source for various applications. These rechargeable batteries are known for their high energy density, long cycle life, and environmental friendliness. NiMH batteries offer an alternative to traditional lead-acid batteries and have found extensive use in portable electronic devices, hybrid vehicles, and renewable energy storage systems.

The global market for nickel metal hydride battery is witnessing steady growth due to the rising demand for portable electronic devices such as smartphones, tablets  and the increasing adoption of electric vehicles. In addition, the growing focus on renewable energy sources and the need for efficient energy storage systems are driving the market further.

Market Dynamics:

The nickel metal hydride battery market is driven by several factors. The superior energy density and long cycle life of NiMH batteries make them ideal for use in these devices.

Secondly, the adoption of electric vehicles (EVs) is on the rise globally, driving the demand for NiMH batteries. These batteries offer advantages such as higher energy density, longer range, and faster charging compared to conventional lead-acid batteries. The push towards sustainable transportation and government initiatives promoting the use of EVs are contributing to the market growth.

However, the market is not without its restraints. One major challenge faced by the NiMH battery market is the competition from lithium-ion batteries. Lithium-ion batteries offer higher energy density and longer life, making them a preferred choice for certain applications. As a result, the market for NiMH batteries faces stiff competition from lithium-ion batteries, particularly in the portable electronics segment.

Despite the challenges, the NiMH battery market presents several opportunities for growth. The increasing focus on renewable energy sources and the need for efficient energy storage systems create immense potential for NiMH batteries in the renewable energy sector. Additionally, advancements in battery technology and manufacturing processes are leading to improvements in the performance and cost-effectiveness of NiMH batteries, making them more attractive to end-users.

Key Features of the Study:

  • This report provides an in-depth analysis of the global nickel metal hydride battery market, including market size and compound annual growth rate for the forecast period (2023–2030).
  • It explores potential revenue opportunities across different segments and presents attractive investment proposition matrices for the market.
  • The study offers key insights into market drivers, restraints, opportunities, market trends, regional outlook, and competitive strategies adopted by key players in the market.
  • Key players in the market, such as Panasonic, Primearth ,EV Energy, FDK, GP Batteries, Corun , Huanyu battery , GS Yuasa , Spectrum Brands (Rayovac) , Lexel Battery (Coslight) , EPT Battery , Energizer Holdings , Great Power Energy , Duracell , Cell-Con , Highpower International , Maxell, Nanfu, PKCELL , EVE Energy.
  • Profiled based on company highlights, product portfolios, financial performance, and strategies.
  • The report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Decision-makers can benefit from the insights provided in this report to make informed decisions regarding product launches, market expansion, and marketing tactics.
  • Various strategy matrices used in analyzing the global nickel metal hydride battery market will aid stakeholders in decision-making processes

Nickel Metal Hydride Battery Market Segmentation

  • By Product Type
    • Small-Sized Ni-MH Battery
    • Large-Sized Ni-MH Battery
    • Other Product Types
  • By Application
    • HEV
    • Retail market
    • Cordless phone
    • Dust collector
    • Personal care
    • Lighting tools
    • Others
  • By End user Industry
    • Automotive Industry
    • Consumer Electronics
    • Industrial
    • Others
  • By Sales Channel
    • OEM
    • Aftermarket
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Top companies in Nickel Metal Hydride Battery Market
    • Panasonic
    • Primearth EV Energy
    • FDK
    • GP Batteries
    • Corun
    • Huanyu battery
    • GS Yuasa
    • Spectrum Brands (Rayovac)
    • Lexel Battery (Coslight)
    • EPT Battery
    • Energizer Holdings
    • Great Power Energy
    • Suppo
    • Duracell
    • Cell-Con
    • Highpower International
    • Maxell
    • Nanfu
    • PKCELL
    • EVE Energy

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Nickel Metal Hydride Battery, By Product Type
      • Market Nickel Metal Hydride Battery, By Application
      • Market Nickel Metal Hydride Battery, By End user Industry
      • Market Nickel Metal Hydride Battery, By Sales Channel
      • Market Nickel Metal Hydride Battery, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Surging demand for electric vehicles
      • Restraints  
      • High production cost
      • Opportunities
      • Growing adoption in renewable energy storage
    • Impact Analysis 
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Nickel Metal Hydride Battery Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Nickel Metal Hydride Battery Market , By Product Type, 2018-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018 – 2030
      • Segment Trends
    • Small-Sized Ni-MH Battery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
    •  Large-Sized Ni-MH Battery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
    • Other Product Types
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
  6. Nickel Metal Hydride Battery Market , By Application, 2018-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018– 2030
      • Segment Trends
    • HEV
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Retail market
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Cordless phone
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Dust collector
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Personal care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Lighting tools
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
  7. Nickel Metal Hydride Battery Market , By End user Industry, 2018-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018– 2030
      • Segment Trends
    • Automotive Industry
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Consumer Electronics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
  8. Nickel Metal Hydride Battery Market , By Sales Channel, 2018-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018– 2030
      • Segment Trends
    • OEM
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
    • Aftermarket
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
  9. Nickel Metal Hydride Battery Market , By Region, 2018-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, For Country 2018–2030
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By country , 2019-2030, (US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By country , 2019-2030, (US$ Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By country , 2019-2030, (US$ Bn)
        • China
        • India
        • Japan
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By country , 2019-2030, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2023-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By country , 2019-2030, (US$ Bn)
        • GCC Countries
        • Israel
        • South Africa
        • North Africa
        • Central Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Panasonic
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Primearth EV Energy
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • FDK
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • GP Batteries
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Corun
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Huanyu battery
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • GS Yuasa
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Spectrum Brands (Rayovac)
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Lexel Battery (Coslight)
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • EPT Battery
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Energizer Holdings
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Great Power Energy
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Suppo
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Duracell
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Cell-Con
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Highpower International
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Maxell
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Nanfu
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • PKCELL
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • EVE Energy
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Analyst Views
  11. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on “Nickel Metal Hydride Battery Market” - Global forecast to 2030

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