Global Nickel-Metal Hydride (Ni-MH) Battery Market 2018-2022

Overview of the global nickel-metal hydride (Ni-MH) battery market

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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Companies covered

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

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

Segmentation by application and analysis of the nickel-metal hydride (Ni-MH) battery market

• Automotive
• Industrial

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.

Segmentation by geography and analysis of the nickel-metal hydride (Ni-MH) battery market

• Americas
• APAC
• EMEA

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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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global nickel-metal hydride (Ni-MH) battery market?
• What are the key market trends impacting the growth of the global nickel-metal hydride (Ni-MH) battery market?
• What are the challenges to market growth?
• Who are the key vendors in the global nickel-metal hydride (Ni-MH) battery market?
• What are the market opportunities and threats faced by the vendors in the global nickel-metal hydride (Ni-MH) battery market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global nickel-metal hydride (Ni-MH) battery market?

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.

Key highlights in our Ni-MH battery market research report

• Extensive market definition of the Ni-MH battery market
• Analysis by multiple marketing tools such as Porter’s five forces model
• Detail characterization of the parent market
• Predictions of the market based on industry lifecycle, market innovation, M&A activities
• In-depth intelligence on the changing competitive scenario and a detailed vendor analysis

Technavio also offers customization on reports based on specific client requirement