Report overview
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.
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.
This report contains market size and forecasts of Nickel-Hydrogen Batteries in global, including the following market information:
Global Nickel-Hydrogen Batteries Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Nickel-Hydrogen Batteries Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Nickel-Hydrogen Batteries companies in 2021 (%)
The global Nickel-Hydrogen Batteries market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small-Sized Ni-MH Battery for Consumer Electronics Segment to Reach $ Million by 2028, 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 2021, 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:
Global Nickel-Hydrogen Batteries Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Nickel-Hydrogen Batteries Market Segment Percentages, by Type, 2021 (%)
Small-Sized Ni-MH Battery for Consumer Electronics
Large-Sized Ni-MH Battery for HEV
Global Nickel-Hydrogen Batteries Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Nickel-Hydrogen Batteries Market Segment Percentages, by Application, 2021 (%)
HEV
Retail Market
Cordless Phone
Dust Collector
Personal Care
Lighting Tools
Electric Tool
Others
Global Nickel-Hydrogen Batteries Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Nickel-Hydrogen Batteries Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Nickel-Hydrogen Batteries revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Nickel-Hydrogen Batteries revenues share in global market, 2021 (%)
Key companies Nickel-Hydrogen Batteries sales in global market, 2017-2022 (Estimated), (MW)
Key companies Nickel-Hydrogen Batteries sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
