Abstract, Snapshot, Market Analysis & Market Definition: Ni-MH Battery Market
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. 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 other cordless appliances. On the other 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. China's 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.
In 2019, the market size of Ni-MH Battery is 2061.7 million US$ and it will reach 1707.1 million US$ in 2025, growing at a CAGR of -2.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ni-MH Battery. This report studies the global market size of Ni-MH Battery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Ni-MH Battery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Ni-MH Battery Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Small-Sized Ni-MH Battery for Consumer Electronics
Large-Sized Ni-MH Battery for HEV
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
HEV
Retail market
Cordless phone
Dust collector
Personal care
Lighting tools
Electric tool
Others
Key Players, Recent Developments & Sector Viewpoints: Ni-MH Battery Market
Primearth EV Energy
FDK
GP Batteries International
Highpower International Inc
Corun
Panasonic
Huanyu battery
GS Yuasa
Spectrum Brands (Rayovac)
Lexel Battery (Coslight)
EPT Battery Co., Ltd
Energizer Holdings
Great Power Energy
Suppo
Key Insights Covered: Exhaustive Ni-MH Battery Market
1. Market size (sales, revenue and growth rate) of Ni-MH Battery industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Ni-MH Battery industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Ni-MH Battery industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Ni-MH Battery industry.
Research Methodology: Ni-MH Battery Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.