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Report overview
The global Nickel-Hydrogen Batteries market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The active components of a rechargeable Nickel-Hydrogen Batteries 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.
The world Nickel Metal Hydride (NiMH) batteries market is currently at a mature stage and its technology offers limited scope for innovation. However, relative to the newer alternative chemistries, NiMH provides a price-efficient solution for many applications, given its lower price per kWh and performance characteristics. Growth opportunities arise mainly from two end-user segments, namely the consumer electronics and industrial segments. On one hand, NIMH batteries are well suited to supply the growing demand for rechargeable batteries employed in toys, cordless phones, vacuum cleaners, and Others cordless appliances. On the Others hand, the industrial segment is poised to demand NIMH batteries for powering appliances that require rugged batteries such as automotive applications where it is the technology of choice for powering HEVs and where it has accumulated over 10 years of trouble free service and can thus last for the lifetime of the car. NiMH can handle the high power levels typical in EV applications, the active chemicals are inherently safer than Lithium based cells and NiMH batteries don't need the complex battery management systems (BMS) essential with Lithium batteries.
At present, in developed countries, the Ni-MH Battery industry is generally at a more advanced level. The world's large Enterprises are mainly concentrated in Japan and China. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Ni-MH Battery production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
Chinas Ni-MH Battery industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international production country of Ni-MH Battery, but the production technology is relatively laggard to produce some low-end product. The key product of China Ni-MH Battery market is Small-Sized battery for Consumer Electronics. The Ni-MH Battery for HEV are monopolized by Primearth EV Energy.The future of Ni-MH Battery is dark for the substituted by lithium battery in both consumer electronics application and HEV.
This report aims to provide a comprehensive presentation of the global market for Nickel-Hydrogen Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nickel-Hydrogen Batteries. This report contains market size and forecasts of Nickel-Hydrogen Batteries in global, including the following market information:
Global Nickel-Hydrogen Batteries Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Nickel-Hydrogen Batteries Market Sales, 2018-2023, 2024-2030, (MW)
Global top five Nickel-Hydrogen Batteries companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Small-Sized Ni-MH Battery for Consumer Electronics Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Nickel-Hydrogen Batteries include Primearth EV Energy, FDK, GP Batteries International, Highpower International Inc, Corun, Panasonic, Huanyu battery, GS Yuasa and Spectrum Brands (Rayovac), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Nickel-Hydrogen Batteries manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Chapter 1: Introduces the definition of Nickel-Hydrogen Batteries, market overview.
Chapter 2: Global Nickel-Hydrogen Batteries market size in revenue and volume.
Chapter 3: Detailed analysis of Nickel-Hydrogen Batteries manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Nickel-Hydrogen Batteries in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Nickel-Hydrogen Batteries capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
