Market Overview:
The global Ni-MH rechargeable battery market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and portable devices. In terms of type, the AA Ni-MH rechargeable battery segment is expected to hold the largest share in the global Ni-MH rechargeable battery market during the forecast period. This can be attributed to its high adoption in consumer electronics and industrial applications. In terms of application, the online sales channel is expected to grow at a higher CAGR than other sales channels during the forecast period.
Product Definition:
Ni-MH rechargeable batteries are a type of rechargeable battery that uses nickel-metal hydride cells. They are often used in electronic devices such as digital cameras and portable audio players. Ni-MH batteries offer several advantages over other types of rechargeable batteries, including longer life, higher capacity, and faster charging times.
AA Ni-MH rechargeable battery:
AA Ni-MH rechargeable battery is a type of rechargeable battery which consists of two electrodes, an electrolyte and a separator. It has the ability to be charged by means of an external power source; usually via a charging plug connected to the wall outlet. The major advantage offered by this product is that it can be recycled and reused; thus, saving the cost associated with its disposal.
AAA Ni-MH rechargeable battery:
The AAA (Acid-Alkali-Ammonia) Ni-MH rechargeable battery is a type of rechargeable battery used in portable instruments, such as digital cameras and cellular phones. The key features that make this type of battery popular are its small size, low self-discharge rate, and the ability to be charged with minimal loss of power.
Application Insights:
Cell phones were estimated as the largest segment with a share of over 40.0% in 2017. The growth is attributed to increasing cell phone sales and growing usage of electronic devices across the globe. Increasing use of smartphones has led to increased usage of mobile data which has further accelerated product demand globally. Moreover, introduction of advanced features such as 4G technology and LTE support on a large scale is expected to drive industry growth over the forecast period globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic devices, such as smartphones and laptops, which require high power batteries. Increasing disposable income of consumers in developing countries including China and India will drive the market further. Furthermore, rising environmental concerns have led manufacturers to develop eco-friendly products that are compatible with standard charging systems.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for Ni-MH rechargeable batteries, as they are used in most electric vehicles.
- Growing popularity of renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits. This is leading to an increase in the use of Ni-MH rechargeable batteries in solar and wind power systems.
- Rising disposable income levels: Disposable income levels are rising across the world, especially in developing countries such as China and India. This is leading to an increase in the demand for consumer electronics products, which use Ni-MH rechargeable batteries extensively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ni-MH Rechargeable Battery Market Research Report
By Type
AA Ni-MH rechargeable battery, AAA Ni-MH rechargeable battery, Other
By Application
Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels, Online Sales, Offline Sales
By Companies
Panasonic, Amazon, GP Batteries, Doublepow, Delipow, IKEA, Betterpower, Energizer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Ni-MH Rechargeable Battery Market Report Segments:
The global Ni-MH Rechargeable Battery market is segmented on the basis of:
Types
AA Ni-MH rechargeable battery, AAA Ni-MH rechargeable battery, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels, Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic
- Amazon
- GP Batteries
- Doublepow
- Delipow
- IKEA
- Betterpower
- Energizer
Highlights of The Ni-MH Rechargeable Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AA Ni-MH rechargeable battery
- AAA Ni-MH rechargeable battery
- Other
- By Application:
- Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ni-MH Rechargeable Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ni-MH rechargeable batteries are a type of battery that uses nickel and metal hydride as their energy storage elements. This type of battery is popular because it has a longer shelf life than other types of batteries, can be recharged many times, and is less likely to catch on fire.
Some of the key players operating in the ni-mh rechargeable battery market are Panasonic, Amazon, GP Batteries, Doublepow, Delipow, IKEA, Betterpower, Energizer.
The ni-mh rechargeable battery market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ni-MH Rechargeable Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ni-MH Rechargeable Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ni-MH Rechargeable Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ni-MH Rechargeable Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ni-MH Rechargeable Battery Market Size & Forecast, 2018-2028
4.5.1 Ni-MH Rechargeable Battery Market Size and Y-o-Y Growth
4.5.2 Ni-MH Rechargeable Battery Market Absolute $ Opportunity
Chapter 5 Global Ni-MH Rechargeable Battery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ni-MH Rechargeable Battery Market Size Forecast by Type
5.2.1 AA Ni-MH rechargeable battery
5.2.2 AAA Ni-MH rechargeable battery
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ni-MH Rechargeable Battery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ni-MH Rechargeable Battery Market Size Forecast by Applications
6.2.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
6.2.2 Online Sales
6.2.3 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ni-MH Rechargeable Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ni-MH Rechargeable Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ni-MH Rechargeable Battery Analysis and Forecast
9.1 Introduction
9.2 North America Ni-MH Rechargeable Battery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ni-MH Rechargeable Battery Market Size Forecast by Type
9.6.1 AA Ni-MH rechargeable battery
9.6.2 AAA Ni-MH rechargeable battery
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ni-MH Rechargeable Battery Market Size Forecast by Applications
9.10.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
9.10.2 Online Sales
9.10.3 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ni-MH Rechargeable Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Ni-MH Rechargeable Battery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ni-MH Rechargeable Battery Market Size Forecast by Type
10.6.1 AA Ni-MH rechargeable battery
10.6.2 AAA Ni-MH rechargeable battery
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ni-MH Rechargeable Battery Market Size Forecast by Applications
10.10.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
10.10.2 Online Sales
10.10.3 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ni-MH Rechargeable Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ni-MH Rechargeable Battery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ni-MH Rechargeable Battery Market Size Forecast by Type
11.6.1 AA Ni-MH rechargeable battery
11.6.2 AAA Ni-MH rechargeable battery
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ni-MH Rechargeable Battery Market Size Forecast by Applications
11.10.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
11.10.2 Online Sales
11.10.3 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ni-MH Rechargeable Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Ni-MH Rechargeable Battery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ni-MH Rechargeable Battery Market Size Forecast by Type
12.6.1 AA Ni-MH rechargeable battery
12.6.2 AAA Ni-MH rechargeable battery
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ni-MH Rechargeable Battery Market Size Forecast by Applications
12.10.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
12.10.2 Online Sales
12.10.3 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ni-MH Rechargeable Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ni-MH Rechargeable Battery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ni-MH Rechargeable Battery Market Size Forecast by Type
13.6.1 AA Ni-MH rechargeable battery
13.6.2 AAA Ni-MH rechargeable battery
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ni-MH Rechargeable Battery Market Size Forecast by Applications
13.10.1 Global Ni-MH Rechargeable Battery Market Size Growth Rate by Sales Channels
13.10.2 Online Sales
13.10.3 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ni-MH Rechargeable Battery Market: Competitive Dashboard
14.2 Global Ni-MH Rechargeable Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Amazon
14.3.3 GP Batteries
14.3.4 Doublepow
14.3.5 Delipow
14.3.6 IKEA
14.3.7 Betterpower
14.3.8 Energizer
