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Manufacturers of passenger and commercial vehicles increasingly use Ni-MH batteries in their hybrid vehicles such as HEVs and PHEVs. For instance, some of the bestselling hybrid vehicles that use Ni-MH batteries include Ford Escape, Honda Insight, Toyota Lexus RX, BMW X6, Ford Fusion, Honda Civic. Ni-MH batteries have stable chemical properties. As a result, they are used as a backup battery. These batteries are also used for other automotive applications, such as emergency call (eCall)/telematics system. Technavio’s market research report identifies that the growing demand for Ni-MH batteries in the automotive sector will be one of the primary growth drivers for the global nickel-metal hydride (Ni-MH) battery market till 2022. Technavio’s market research analysts predict that this global market will post a revenue of more than USD 1.3 billion by 2022.
It is very important to recover metals like nickel from discarded Ni-MH batteries for various economic and technological reasons. Legislations in the EU extensively focus on avoiding the pollution of hazardous elements in the environment by insisting on general recycling of these batteries, that can be done through two processes including pyrometallurgical and hydrometallurgical methods. The development of sustainable recycling methods for Ni-MH battery materials is identified as one of the key trends that will gain traction in the nickel-metal hydride (Ni-MH) battery market throughout the estimated period.
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The market is characterized by the presence of a large number of companies and is quite competitive with all the companies constantly focusing on improving their market positions. By providing an analysis of the companies in this market and offering information on the strategies they follow, this report will help clients sustain the market’s competitive environment. Additionally, the report also offers information about various R&D activities the players are focusing on to introduce innovative solutions, that will help them improve their market positions.
This research report provides an analysis of various companies in the market including
The automotive sector contributed the majority of shares toward the nickel-metal hydride (Ni-MH) battery market during 2017. The segment is expected to lead the Ni-MH rechargeable batteries market in the forthcoming years.
The Ni-MH rechargeable batteries market is witnessing growth in the Americas due to the rising adoption of hybrid vehicles and applications in telecommunication and medical devices.
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Technavio also offers customization on reports based on specific client requirement.
Technavio’s research report on the global nickel-metal hydride (Ni-MH) battery market is focused on offering clients detailed information about the various factors that will drive the market’s growth prospects during the period 2018-2022. With information from a constantly updated data base and by collecting information from various reliable resources, Technavio’s market research analysts have provided an in-depth analysis of the growth of this battery market. Our analysts also provide an accurate prediction of the Ni-MH battery market size and also offer details on the market’s growth across various geographic regions.
Moreover, the report offers information on the upcoming trends that will offer Ni-MH battery manufacturers several growth opportunities and also provides details on factors that will affect the growth of the Ni-MH battery industry during the next few years.
With extensive information about the growth of various markets in the energy storage sector, Technavio’s market research analysts provide a detailed analysis of the Ni-MH battery market’s competitive landscape. Additionally, our analysts also provide details about key areas the companies are focusing on and the growth strategies they have adopted. This will in turn, aid clients in this battery industry design effective growth strategies, which will help them in improving their market positions and increasing revenue.
Technavio also offers customization on reports based on specific client requirement
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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