Nickel-Metal Hydride (Ni-MH) Battery Market Industry Analysis, Growth, Trends and Forecast – 2028

The Nickel-Metal Hydride (Ni-MH) Battery Market size is expected to grow at an annual average of CAGR 17% during the forecast period (2022-2028). Nickel metal hydride batteries (NiMH or Ni–MH) are rechargeable and energy storage battery systems based on an electrochemical charge/discharge process between an anode and a cathode. Because both use nickel hydroxide, the chemical reaction of the positive electrode is similar to that of a nickel cadmium cell (NiCd) (NiOOH). However, the cathode is made of a hydrogen-absorbing alloy instead of cadmium. Consisting of an electrochemical charge-discharge interaction between an anode and a cathode, these batteries are used in a variety of applications, including advanced portable electronics. The use of power tools and digital cameras unlocked the potential of portable devices.

The following segmentation are covered in this report:

By Application

• Automotive
• Cordless Phone
• Dust Collector
• Personal Care
• Lighting Tools
• Electric Tool
• Others

By Type

• Small Sized Ni-Metal Hydride Battery
• Large Sized Ni-Metal Hydride Battery

Company Profile

• Duracell
• Energizer Holdings
• Panasonic
• Primearth EV Energy
• Spectrum Brands

Scope of the report

The research study analyses the Nickel-Metal Hydride (Ni-MH) Battery Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Nickel-Metal Hydride (Ni-MH) Battery Market Report

• What was the Nickel-Metal Hydride (Ni-MH) Battery Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Nickel-Metal Hydride (Ni-MH) Battery Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Nickel-Metal Hydride (Ni-MH) Battery Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.