ニッケル水素（NiMH）電池市場 : 2028年までの世界予測

Report Overview

The global nickel metal hydride (NiMH) battery market size is expected to grow from USD 2.4 billion in 2023 to USD 2.7 billion by 2028, at a CAGR of 3.1% from 2023 to 2028. NiMH batteries have high energy density, fast charging capability, and enhanced operational safety and reliability. NiMH batteries offer several advantages that make them ideal for portable devices. As the demand for consumer electronics devices continues to grow in the forecast period, the need for NiMH batteries will also continue to grow.

” 9 V segment is projected to grow at an impressive CAGR during the forecast period.”
The 9 V NiMH battery provides a nominal voltage of 9 volts. These batteries are normally rectangular and most commonly used in high-drain devices such as music players and digital cameras. In addition, these batteries are also being used in smoke detectors, toys, and microphones. These batteries ensure high capacity, quality, and life span. The shelf life of these batteries is generally multiple years, and in general, their capacity ranges from 190 to 300 mAh. Some companies offering 9 V batteries include Camelion Batterien GmbH (Germany), Tenergy Power (US), and ANSMANN AG (Germany).

“Consumer electronics segment is expected to hold a significant share during the forecast period.”
In the consumer electronics segment, NiMH batteries are used in digital cameras, wireless gaming systems, toys, wireless speakers, electric shavers, baby monitors, cordless phones, remote control devices, headphones, etc. In addition, NiMH batteries are also being used for personal care electronics such as toothbrushes, trimmers, etc. These batteries are highly compatible with various consumer electronics devices as they are available in common battery sizes like AA and AAA. Moreover, these batteries are considered safe battery technology for consumer electronics that helps drive the market for NiMH batteries in this industry.

“The market in Europe is expected to grow at steady CAGR during the forecast period.”
Europe is one of the leading regions in the NiMH battery market. Germany is one of the prominent markets for the demand for NiMH batteries, owing to a strong and growing healthcare sector. The country is home to several top medical equipment manufacturers and exports a large number of devices across the world. NiMH batteries are one of the most used for medical equipment due to their rechargeability, high-energy density, and long operational life, which are necessary for the equipment to run efficiently. NiMH batteries are also widely used in automotive and consumer electronics industries as they provide robustness, low maintenance, and safety. Hence, the industrial sector in Germany and as well as in the European region will also propel the growth of the NiMH battery market.
Breakdown of the profiles of primary participants:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level Executives – 35%, Directors – 25%, and Others – 40%
• By Region: North America – 30%, Europe – 25%, Asia Pacific – 40%, and RoW – 5%
Major players profiled in this report are as follows: Energizer Holdings, Inc. (US), Panasonic Holdings Corporation (Japan), Duracell (US), VARTA AG (Germany), FDK Corporation (Japan), BYD Company Limited (China), Primearth EV Energy Co., Ltd. (Japan), GP Batteries International Limited (China) and others.

Research Coverage
In this report, the NiMH battery market has been segmented based on component, battery type, size, sales channel, vertical, and region. Based on components, the market has been segmented into electrodes and electrolytes. Based on battery type, the market has been segmented into A batteries, AA batteries, AAA batteries, C batteries, D batteries, and 9V batteries. The NiMH battery market, based on size, has been segmented into small and large. Based on sales channels, the market has been segmented into OEM and aftermarket. Based on vertical, the market has been segmented into automotive, consumer electronics, healthcare, industrial, commercial, and residential. The study also forecasts the size of the market in four main regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
Analysis of key drivers ( Rising demand for portable consumer electronic devices, Rising adoption in critical industries for emergency power backup applications, Growing automotive industry), restraints (High cost of NiMH batteries), opportunities ( Growing adoption of NiMH battery in HEVs, Increasing usage of NiMH battery in medical devices, Growing investment in telecommunication industry) and challenges (Availability of other alternative battery technologies) influencing the growth of the NiMH battery market
Product Development/Innovation: Detailed insights on upcoming products, technologies, research & development activities, industry partnerships, and new product launches in the NiMH battery market
Market Development: Comprehensive information about lucrative markets – the report analyses the NiMH battery market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, and recent developments in the NiMH battery market
Competitive Assessment: In-depth assessment of market share, growth strategies, and product offerings of leading players like Energizer Holdings, Inc. (US), Panasonic Holdings Corporation (Japan), Duracell (US), VARTA AG (Germany), FDK Corporation (Japan), among others in the NiMH battery market
Strategies: The report also helps stakeholders understand the pulse of the NiMH battery market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.2.1 INCLUSIONS AND EXCLUSIONS 26
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
FIGURE 1 NIMH BATTERY MARKET SEGMENTATION 27
1.3.2 REGIONAL SCOPE 27
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 28
1.5 LIMITATIONS 28
1.6 STAKEHOLDERS 29
1.7 RECESSION IMPACT 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH APPROACH 30
FIGURE 2 NIMH BATTERY MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY AND PRIMARY RESEARCH 31
FIGURE 3 NIMH BATTERY MARKET: RESEARCH APPROACH 31
2.1.2 SECONDARY DATA 32
2.1.2.1 List of major secondary sources 32
2.1.2.2 Key data from secondary sources 33
2.1.3 PRIMARY DATA 33
2.1.3.1 Primary interviews with experts 34
2.1.3.2 Key data from primary sources 34
2.1.3.3 Key industry insights 34
2.1.3.4 Breakdown of primaries 35
2.2 MARKET SIZE ESTIMATION 35
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Estimation of market size using bottom-up approach 35
FIGURE 4 NIMH BATTERY MARKET: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Estimation of market size using top-down approach 36
FIGURE 5 NIMH BATTERY MARKET: TOP-DOWN APPROACH 37
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 37
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 7 DATA TRIANGULATION 38
2.4 RESEARCH ASSUMPTIONS 39
FIGURE 8 ASSUMPTIONS IN RESEARCH 39
2.5 PARAMETERS CONSIDERED TO UNDERSTAND RECESSION IMPACT
ON NIMH BATTERY MARKET 40
2.6 RISK ASSESSMENT 40
TABLE 1 RISK ASSESSMENT 40
3 EXECUTIVE SUMMARY 41
FIGURE 9 NIMH BATTERY MARKET SIZE, 2019–2028 (USD MILLION) 41
FIGURE 10 SMALL BATTERIES TO DOMINATE NIMH BATTERY MARKET BETWEEN 2023 AND 2028 42
FIGURE 11 INDIRECT SALES CHANNELS TO CAPTURE LARGER SHARE OF NIMH BATTERY MARKET IN 2028 42
FIGURE 12 CONSUMER ELECTRONICS VERTICAL TO RECORD HIGHEST CAGR IN NIMH BATTERY MARKET FROM 2023 TO 2028 43
FIGURE 13 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN NIMH BATTERY MARKET FROM 2023 TO 2028 44
4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN NIMH BATTERY MARKET 45
FIGURE 14 GROWING DEMAND FOR CONSUMER ELECTRONICS TO DRIVE MARKET 45
4.2 NIMH BATTERY MARKET, BY TYPE 46
FIGURE 15 AA BATTERIES TO SECURE LARGEST MARKET SHARE IN 2028 46
4.3 NIMH BATTERY MARKET, BY VERTICAL 47
FIGURE 16 AUTOMOTIVE & TRANSPORTATION VERTICAL TO CAPTURE LARGEST SHARE OF NIMH BATTERY MARKET IN 2028 47
4.4 NIMH BATTERY MARKET IN NORTH AMERICA, BY SIZE AND COUNTRY 47
FIGURE 17 SMALL-SIZED BATTERIES AND US TO BE LARGEST SHAREHOLDERS IN NORTH AMERICAN MARKET IN 2028 47
4.5 NIMH BATTERY MARKET, BY COUNTRY 48
FIGURE 18 INDIA TO EXHIBIT HIGHEST CAGR IN NIMH BATTERY MARKET FROM 2023 TO 2028 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
FIGURE 19 GLOBAL NIMH BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
5.2.1 DRIVERS 50
5.2.1.1 Rising demand for consumer electronics 50
5.2.1.2 Growing adoption of emergency and security systems across industrial, commercial, and healthcare sectors 50
5.2.1.3 Booming automotive & transportation sector 50
FIGURE 20 NIMH BATTERY MARKET: IMPACT ANALYSIS OF DRIVERS 51
5.2.2 RESTRAINTS 51
5.2.2.1 Higher production costs of NiMH batteries 51
FIGURE 21 NIMH BATTERY MARKET: IMPACT ANALYSIS OF RESTRAINTS 52
5.2.3 OPPORTUNITIES 52
5.2.3.1 Growing demand for hybrid electric vehicles 52
5.2.3.2 Rising adoption of NiMH batteries in medical applications 52
5.2.3.3 Increasing investments in telecommunications sector 52
FIGURE 22 NIMH BATTERY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 53
5.2.4 CHALLENGES 53
5.2.4.1 Availability of better battery alternatives 53
FIGURE 23 NIMH BATTERY MARKET: IMPACT ANALYSIS OF CHALLENGES 53
5.3 VALUE CHAIN ANALYSIS 54
FIGURE 24 NIMH BATTERY VALUE CHAIN ANALYSIS 54
5.4 ECOSYSTEM MAPPING 55
FIGURE 25 ECOSYSTEM ANALYSIS 55
TABLE 2 ROLE OF COMPANIES IN NIMH BATTERY ECOSYSTEM 56
5.5 PRICING ANALYSIS 57
5.5.1 AVERAGE SELLING PRICE TREND, BY TYPE 57
TABLE 3 NIMH BATTERIES: AVERAGE SELLING PRICE AND SHIPMENT, BY TYPE 57
FIGURE 26 AVERAGE SELLING PRICE TREND OF NIMH BATTERIES, 2022–2028 57
5.5.2 AVERAGE SELLING PRICE TREND FOR SMALL-SIZED NIMH BATTERIES, BY KEY PLAYER 58
FIGURE 27 AVERAGE SELLING PRICE OF SMALL-SIZED NIMH BATTERIES OFFERED BY KEY PLAYERS 58
TABLE 4 AVERAGE SELLING PRICE OF NIMH BATTERIES PROVIDED BY MAJOR PLAYERS (USD) 58
5.5.3 AVERAGE SELLING PRICE TREND, BY REGION 58
TABLE 5 AVERAGE SELLING PRICE OF NIMH BATTERIES, BY REGION (USD) 58
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 59
FIGURE 28 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN NIMH BATTERY MARKET 59
5.7 TECHNOLOGY ANALYSIS 59
5.7.1 METAL-AIR BATTERIES 59
5.7.2 LIQUID-METAL BATTERIES 59
5.7.3 ZINC-MANGANESE BATTERIES 60
5.7.4 VANADIUM-FLOW BATTERIES 60
5.7.5 LITHIUM-SILICON BATTERIES 60
5.7.6 LITHIUM-COBALT OXIDE BATTERIES 60
5.7.7 NICKEL-MANGANESE-COBALT BATTERIES 60
5.7.8 LITHIUM-NICKEL-COBALT-ALUMINUM OXIDE BATTERIES 60
5.8 PORTER’S FIVE FORCES ANALYSIS 61
TABLE 6 NIMH BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS, 2022 61
FIGURE 29 NIMH BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS 61
5.8.1 BARGAINING POWER OF SUPPLIERS 62
5.8.2 BARGAINING POWER OF BUYERS 62
5.8.3 THREAT OF NEW ENTRANTS 62
5.8.4 THREAT OF SUBSTITUTES 62
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 62
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 63
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 63
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 63
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP 3 VERTICALS (%) 63
5.9.2 BUYING CRITERIA 63
FIGURE 31 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 63
TABLE 8 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 64
5.10 CASE STUDY ANALYSIS 64
TABLE 9 UNIVERSITY OF STOCKHOLM DEVELOPED NIMH BATTERY WITH IMPROVED LIFE CYCLE FOR POWER GRID APPLICATIONS 64
5.11 TRADE ANALYSIS 65
FIGURE 32 IMPORT DATA FOR NICKEL OXIDES AND HYDROXIDES, BY COUNTRY,
2018–2022 (USD MILLION) 65
FIGURE 33 EXPORT DATA FOR NICKEL OXIDES AND HYDROXIDES, BY COUNTRY,
2018–2022 (USD MILLION) 65
5.12 PATENT ANALYSIS 66
FIGURE 34 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 66
TABLE 10 US-BASED TOP 20 PATENT OWNERS IN LAST 10 YEARS 66
FIGURE 35 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2022 67
TABLE 11 NIMH BATTERY MARKET: LIST OF PATENTS, 2021–2023 67
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 68
TABLE 12 NIMH BATTERY MARKET: LIST OF CONFERENCES AND EVENTS 68
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.13.2 REGULATORY STANDARDS 72
TABLE 17 STANDARDS FOR NIMH BATTERY MARKET 72
6 COMPONENTS OF NIMH BATTERIES 73
6.1 INTRODUCTION 73
6.2 ELECTRODES 73
6.2.1 USE OF ELECTRODES IN NIMH BATTERIES TO FACILITATE ELECTROCHEMICAL REACTIONS 73
6.2.2 CATHODE 73
6.2.3 ANODE 73
6.3 ELECTROLYTES 73
6.3.1 INTEGRATION OF ELECTROLYTES INTO NIMH BATTERIES TO PROVIDE IONIC CONDUCTIVITY AND CHEMICAL STABILITY 73
7 NIMH BATTERY MARKET, BY SIZE 74
7.1 INTRODUCTION 75
FIGURE 36 NIMH BATTERY MARKET, BY SIZE 75
FIGURE 37 SMALL-SIZED NIMH BATTERIES TO DOMINATE MARKET FROM 2023 TO 2028 75
TABLE 18 NIMH BATTERY MARKET, BY SIZE, 2019–2022 (USD MILLION) 75
TABLE 19 NIMH BATTERY MARKET, BY SIZE, 2023–2028 (USD MILLION) 76
7.2 SMALL 76
7.2.1 RISING USE OF COMPACT RECHARGEABLE BATTERIES IN CONSUMER ELECTRONICS TO DRIVE SEGMENTAL GROWTH 76
TABLE 20 SMALL: NIMH BATTERY MARKET, BY TYPE, 2019–2022 (USD MILLION) 76
TABLE 21 SMALL: NIMH BATTERY MARKET, BY TYPE, 2023–2028 (USD MILLION) 77
TABLE 22 SMALL: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 77
TABLE 23 SMALL: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 77
7.2.2 A 78
7.2.2.1 Increasing use of A-type batteries in automotive power backup systems and digital cameras to boost segmental growth 78
TABLE 24 A: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 78
TABLE 25 A: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 78
7.2.3 AA 78
7.2.3.1 Rising implementation of AA batteries in low-drain electronic devices to fuel segmental growth 78
TABLE 26 AA: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 79
TABLE 27 AA: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 79
7.2.4 AAA 79
7.2.4.1 Growing deployment of compact batteries in portable medical devices to support market growth 79
TABLE 28 AAA: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 79
TABLE 29 AAA: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 80
7.2.5 C 80
7.2.5.1 Increasing demand for heavy-duty batteries from industrial sector to boost segmental growth 80
TABLE 30 C: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 80
TABLE 31 C: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 80
7.2.6 D 81
7.2.6.1 Growing use of D-type batteries in low- and high-drain commercial and industrial applications to contribute to market growth 81
TABLE 32 D: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 81
TABLE 33 D: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 81
 
7.2.7 9V 81
7.2.7.1 Increasing use of 9V batteries in high-drain devices to boost segmental growth 81
TABLE 34 9V: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 82
TABLE 35 9V: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 82
7.2.8 OTHERS 82
TABLE 36 OTHERS: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 82
TABLE 37 OTHERS: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 83
7.3 LARGE 83
7.3.1 INCREASING ADOPTION OF HYBRID ELECTRIC VEHICLES TO BOOST DEMAND FOR HIGH-CAPACITY BATTERIES 83
TABLE 38 LARGE: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 83
TABLE 39 LARGE: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 83
8 NIMH BATTERY MARKET, BY SALES CHANNEL 84
8.1 INTRODUCTION 85
FIGURE 38 NIMH BATTERY MARKET, BY SALES CHANNEL 85
FIGURE 39 INDIRECT SALES CHANNELS TO CAPTURE LARGER SHARE OF NIMH BATTERY MARKET IN 2028 85
TABLE 40 NIMH BATTERY MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION) 85
TABLE 41 NIMH BATTERY MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION) 86
8.2 DIRECT 86
8.2.1 CUSTOMER INTENTION TO BUY BATTERIES AT COMPETITIVE PRICES TO BOOST ADOPTION OF DIRECT SALES CHANNEL 86
TABLE 42 DIRECT: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 86
TABLE 43 DIRECT: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 87
8.3 INDIRECT 87
8.3.1 STRONG FOCUS OF BATTERY MANUFACTURERS ON SERVING WIDESPREAD CUSTOMER BASE TO DRIVE SEGMENTAL GROWTH 87
TABLE 44 INDIRECT: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 87
TABLE 45 INDIRECT: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 88
9 NIMH BATTERY MARKET, BY VERTICAL 89
9.1 INTRODUCTION 90
FIGURE 40 NIMH BATTERY MARKET, BY VERTICAL 90
FIGURE 41 CONSUMER ELECTRONICS VERTICAL TO REGISTER HIGHEST CAGR IN NIMH BATTERY MARKET FROM 2023 TO 2028 90
TABLE 46 NIMH BATTERY MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 91
TABLE 47 NIMH BATTERY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 91
9.2 AUTOMOTIVE & TRANSPORTATION 91
9.2.1 HIGH DURABILITY AND SAFETY OF NIMH BATTERIES TO BOOST ADOPTION IN AUTOMOTIVE APPLICATIONS 91
TABLE 48 AUTOMOTIVE & TRANSPORTATION: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 92
TABLE 49 AUTOMOTIVE & TRANSPORTATION: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 92
9.3 CONSUMER ELECTRONICS 92
9.3.1 SIGNIFICANT ADOPTION OF NIMH BATTERIES IN MINIATURE AND PORTABLE CONSUMER ELECTRONICS TO DRIVE MARKET 92
TABLE 50 CONSUMER ELECTRONICS: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 93
TABLE 51 CONSUMER ELECTRONICS: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 93
9.4 HEALTHCARE 93
9.4.1 RELIABLE POWER SOURCE PROVIDED BY NIMH BATTERIES FOR MEDICAL DEVICES TO CONTRIBUTE TO MARKET GROWTH 93
TABLE 52 HEALTHCARE: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 94
TABLE 53 HEALTHCARE: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 94
9.5 INDUSTRIAL 94
9.5.1 INCREASED USE OF INDUSTRIAL EQUIPMENT POWERED BY SAFE AND DURABLE BATTERIES TO SUPPORT MARKET GROWTH 94
TABLE 54 INDUSTRIAL: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 94
TABLE 55 INDUSTRIAL: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 95
9.6 COMMERCIAL 95
9.6.1 HIGH IMPLEMENTATION OF NIMH BATTERIES IN ELEVATORS AND SECURITY SYSTEMS IN COMMERCIAL BUILDINGS TO BOOST SEGMENTAL GROWTH 95
TABLE 56 COMMERCIAL: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 95
TABLE 57 COMMERCIAL: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 95
9.7 RESIDENTIAL 96
9.7.1 RAPID URBANIZATION TO CREATE OPPORTUNITIES FOR NIMH BATTERY PROVIDERS 96
TABLE 58 RESIDENTIAL: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 96
TABLE 59 RESIDENTIAL: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 96
10 NIMH BATTERY MARKET, BY REGION 97
10.1 INTRODUCTION 98
FIGURE 42 NIMH BATTERY MARKET, BY REGION 98
FIGURE 43 INDIA TO BE FASTEST-GROWING COUNTRY IN NIMH BATTERY MARKET DURING FORECAST PERIOD 98
TABLE 60 NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 99
TABLE 61 NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 99
10.2 NORTH AMERICA 99
10.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA 99
FIGURE 44 NORTH AMERICA: NIMH BATTERY MARKET SNAPSHOT 100
FIGURE 45 US TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN NIMH BATTERY MARKET IN 2028 101
TABLE 62 NORTH AMERICA: NIMH BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 101
TABLE 63 NORTH AMERICA: NIMH BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 101
TABLE 64 NORTH AMERICA: NIMH BATTERY MARKET, BY SIZE, 2019–2022 (USD MILLION) 101
TABLE 65 NORTH AMERICA: NIMH BATTERY MARKET, BY SIZE, 2023–2028 (USD MILLION) 102
TABLE 66 NORTH AMERICA: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2019–2022 (USD MILLION) 102
TABLE 67 NORTH AMERICA: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2023–2028 (USD MILLION) 102
TABLE 68 NORTH AMERICA: NIMH BATTERY MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION) 103
TABLE 69 NORTH AMERICA: NIMH BATTERY MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION) 103
TABLE 70 NORTH AMERICA: NIMH BATTERY MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 103
TABLE 71 NORTH AMERICA: NIMH BATTERY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 103
10.2.2 US 104
10.2.2.1 Investments in advanced battery production to drive market 104
10.2.3 CANADA 104
10.2.3.1 Abundance of nickel metal and significant presence of mines to support market growth 104
10.2.4 MEXICO 105
10.2.4.1 Rapid infrastructural and industrial developments to create opportunities for NiMH battery providers 105
10.3 EUROPE 105
10.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE 105
FIGURE 46 EUROPE: NIMH BATTERY MARKET SNAPSHOT 106
FIGURE 47 GERMANY TO HOLD SECOND-LARGEST SHARE OF EUROPEAN MARKET IN 2028 107
TABLE 72 EUROPE: NIMH BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 107
TABLE 73 EUROPE: NIMH BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 107
TABLE 74 EUROPE: NIMH BATTERY MARKET, BY SIZE, 2019–2022 (USD MILLION) 108
TABLE 75 EUROPE: NIMH BATTERY MARKET, BY SIZE, 2023–2028 (USD MILLION) 108
TABLE 76 EUROPE: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2019–2022 (USD MILLION) 108
TABLE 77 EUROPE: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2023–2028 (USD MILLION) 109
TABLE 78 EUROPE: NIMH BATTERY MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION) 109
TABLE 79 EUROPE: NIMH BATTERY MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION) 109
TABLE 80 EUROPE: NIMH BATTERY MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 110
TABLE 81 EUROPE: NIMH BATTERY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 110
10.3.2 GERMANY 110
10.3.2.1 Booming medical devices industry to boost demand for NiMH batteries 110
10.3.3 UK 111
10.3.3.1 Road to Zero strategy of government to contribute to market growth 111
10.3.4 FRANCE 111
10.3.4.1 Increasing investments in manufacturing electric and hybrid vehicles to fuel market growth 111
10.3.5 REST OF EUROPE 111
10.4 ASIA PACIFIC 112
10.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC 112
FIGURE 48 ASIA PACIFIC: NIMH BATTERY MARKET SNAPSHOT 113
FIGURE 49 CHINA TO ACCOUNT FOR LARGEST SHARE OF ASIA PACIFIC NIMH MARKET IN 2028 114
TABLE 82 ASIA PACIFIC: NIMH BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 114
TABLE 83 ASIA PACIFIC: NIMH BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 114
TABLE 84 ASIA PACIFIC: NIMH BATTERY MARKET, BY SIZE, 2019–2022 (USD MILLION) 115
TABLE 85 ASIA PACIFIC: NIMH BATTERY MARKET, BY SIZE, 2023–2028 (USD MILLION) 115
TABLE 86 ASIA PACIFIC: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2019–2022 (USD MILLION) 115
TABLE 87 ASIA PACIFIC: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2023–2028 (USD MILLION) 116
TABLE 88 ASIA PACIFIC: NIMH BATTERY MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION) 116
TABLE 89 ASIA PACIFIC: NIMH BATTERY MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION) 116
TABLE 90 ASIA PACIFIC: NIMH BATTERY MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 117
TABLE 91 ASIA PACIFIC: NIMH BATTERY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 117
10.4.2 CHINA 117
10.4.2.1 Thriving medical devices and pharmaceuticals industries to create opportunities for NiMH battery providers 117
10.4.3 JAPAN 118
10.4.3.1 Rising demand for NiMH batteries in industrial and commercial applications to drive market 118
10.4.4 INDIA 118
10.4.4.1 Supportive HEV policies attracting foreign investors to fuel market growth 118
10.4.5 REST OF ASIA PACIFIC 118
 
10.5 ROW 119
10.5.1 IMPACT OF RECESSION ON MARKET IN ROW 119
FIGURE 50 SOUTH AMERICA TO DOMINATE NIMH BATTERY MARKET IN ROW FROM 2023 TO 2028 119
TABLE 92 ROW: NIMH BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 93 ROW: NIMH BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 120
TABLE 94 MIDDLE EAST: NIMH BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 120
TABLE 95 MIDDLE EAST: NIMH BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 120
TABLE 96 ROW: NIMH BATTERY MARKET, BY SIZE, 2019–2022 (USD MILLION) 121
TABLE 97 ROW: NIMH BATTERY MARKET, BY SIZE, 2023–2028 (USD MILLION) 121
TABLE 98 ROW: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2019–2022 (USD MILLION) 121
TABLE 99 ROW: NIMH BATTERY MARKET FOR SMALL BATTERIES, BY TYPE, 2023–2028 (USD MILLION) 122
TABLE 100 ROW: NIMH BATTERY MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION) 122
TABLE 101 ROW: NIMH BATTERY MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION) 122
TABLE 102 ROW: NIMH BATTERY MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 123
TABLE 103 ROW: NIMH BATTERY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 123
10.5.2 MIDDLE EAST 123
10.5.2.1 Inclination toward adoption of EVs/HEVs to drive market 123
10.5.3 SOUTH AMERICA 124
10.5.3.1 Easy availability of raw materials and cheap labor to fuel NiMH battery manufacturing 124
10.5.4 AFRICA 124
10.5.4.1 Strong focus on commercial and residential infrastructure development to drive market 124
11 COMPETITIVE LANDSCAPE 125
11.1 INTRODUCTION 125
11.2 KEY PLAYER STRATEGIES 125
TABLE 104 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 125
11.3 REVENUE ANALYSIS FOR TOP 5 COMPANIES 126
FIGURE 51 REVENUE ANALYSIS OF TOP 5 MAJOR PLAYERS, 2018–2022 127
11.4 MARKET SHARE ANALYSIS, 2022 127
TABLE 105 NIMH BATTERY MARKET SHARE ANALYSIS, 2022 128
FIGURE 52 SHARE OF KEY PLAYERS IN NIMH BATTERY MARKET, 2022 128
11.5 COMPANY EVALUATION MATRIX FOR KEY COMPANIES, 2022 130
11.5.1 STARS 130
11.5.2 EMERGING LEADERS 130
11.5.3 PERVASIVE PLAYERS 130
11.5.4 PARTICIPANTS 130
FIGURE 53 NIMH BATTERY MARKET: EVALUATION MATRIX FOR KEY COMPANIES, 2022 131
11.6 COMPANY EVALUATION MATRIX FOR SMES, 2022 131
11.6.1 PROGRESSIVE COMPANIES 131
11.6.2 RESPONSIVE COMPANIES 131
11.6.3 DYNAMIC COMPANIES 132
11.6.4 STARTING BLOCKS 132
FIGURE 54 NIMH BATTERY MARKET: EVALUATION MATRIX FOR SMES, 2022 132
11.7 NIMH BATTERY MARKET: COMPANY FOOTPRINT 133
TABLE 106 COMPANY FOOTPRINT 133
TABLE 107 VERTICAL: COMPANY FOOTPRINT 134
TABLE 108 REGION: COMPANY FOOTPRINT 135
11.8 COMPETITIVE BENCHMARKING 136
TABLE 109 NIMH BATTERY MARKET: LIST OF KEY STARTUPS/SMES 136
TABLE 110 NIMH BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 137
11.9 COMPETITIVE SITUATIONS AND TRENDS 137
11.9.1 NIMH BATTERY MARKET: PRODUCT LAUNCHES 137
11.9.2 NIMH BATTERY MARKET: DEALS 138
12 COMPANY PROFILES 141
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS 141
12.1.1 PANASONIC HOLDINGS CORPORATION 141
TABLE 111 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW 141
FIGURE 55 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT 142
TABLE 112 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED 142
TABLE 113 PANASONIC HOLDINGS CORPORATION: DEALS 143
12.1.2 ENERGIZER HOLDINGS, INC. 145
TABLE 114 ENERGIZER HOLDINGS, INC.: COMPANY OVERVIEW 145
FIGURE 56 ENERGIZER HOLDINGS, INC.: COMPANY SNAPSHOT 146
TABLE 115 ENERGIZER HOLDINGS, INC.: PRODUCTS OFFERED 146
12.1.3 DURACELL INC. 148
TABLE 116 DURACELL INC.: COMPANY OVERVIEW 148
TABLE 117 DURACELL INC.: PRODUCTS OFFERED 148
12.1.4 VARTA AG 150
TABLE 118 VARTA AG: COMPANY OVERVIEW 150
FIGURE 57 VARTA AG: COMPANY SNAPSHOT 151
TABLE 119 VARTA AG: PRODUCTS OFFERED 152
TABLE 120 VARTA AG: DEALS 152
12.1.5 FDK CORPORATION 154
TABLE 121 FDK CORPORATION: COMPANY OVERVIEW 154
FIGURE 58 FDK CORPORATION: COMPANY SNAPSHOT 155
TABLE 122 FDK CORPORATION: PRODUCTS OFFERED 155
TABLE 123 FDK CORPORATION: PRODUCT LAUNCHES 156
12.1.6 ANSMANN AG 157
TABLE 124 ANSMANN AG: BUSINESS OVERVIEW 157
TABLE 125 ANSMANN AG: PRODUCTS OFFERED 157
12.1.7 BYD COMPANY LIMITED 158
TABLE 126 BYD COMPANY LIMITED: COMPANY OVERVIEW 158
FIGURE 59 BYD COMPANY LIMITED: COMPANY SNAPSHOT 159
TABLE 127 BYD COMPANY LIMITED: PRODUCTS OFFERED 159
TABLE 128 BYD COMPANY LIMITED: DEALS 160
12.1.8 GP BATTERIES INTERNATIONAL LIMITED 161
TABLE 129 GP BATTERIES INTERNATIONAL LIMITED: COMPANY OVERVIEW 161
TABLE 130 GP BATTERIES INTERNATIONAL LIMITED: PRODUCTS OFFERED 161
12.1.9 PRIMEARTH EV ENERGY CO., LTD. 162
TABLE 131 PRIMEARTH EV ENERGY CO., LTD.: COMPANY OVERVIEW 162
TABLE 132 PRIMEARTH EV ENERGY CO., LTD.: PRODUCTS OFFERED 162
12.1.10 SHENZHEN HIGHPOWER TECHNOLOGY CO., LTD. 163
TABLE 133 SHENZHEN HIGHPOWER TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 163
TABLE 134 SHENZHEN HIGHPOWER TECHNOLOGY CO., LTD.: PRODUCTS OFFERED 163
12.2 OTHER COMPANIES 164
12.2.1 ARTS ENERGY 164
12.2.2 CAMELION BATTERIEN GMBH 165
12.2.3 CORUN USA 166
12.2.4 HARDING ENERGY, INC. 166
12.2.5 JAUCH QUARTZ GMBH 167
12.2.6 NEXCELL BATTERY COMPANY 168
12.2.7 SHENZHEN EPT BATTERY CO., LTD. 169
12.2.8 SHENZHEN LEXEL BATTERY CO., LTD. 170
12.2.9 TENERGY CORPORATION 171
12.2.10 UNIROSS 172
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS 173
13.1 INTRODUCTION 173
13.2 MICRO BATTERY MARKET: BY REGION 173
13.2.1 INTRODUCTION 173
TABLE 135 MICRO BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 173
TABLE 136 MICRO BATTERY MARKET, BY REGION, 2023–2028 (USD MILLION) 174
13.2.2 NORTH AMERICA 174
TABLE 137 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 174
TABLE 138 NORTH AMERICA: MICRO BATTERY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 174
13.2.2.1 US 175
13.2.2.1.1 Rising demand for smart packaging to increase adoption of micro batteries 175
13.2.2.2 Canada 175
13.2.2.2.1 Growing use of IoT technology in medical devices industry to boost demand for micro batteries 175
13.2.2.3 Mexico 176
13.2.2.3.1 Booming consumer electronics industry to support market growth 176
14 APPENDIX 177
14.1 INSIGHTS FROM INDUSTRY EXPERTS 177
14.2 DISCUSSION GUIDE 177
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 181
14.4 CUSTOMIZATION OPTIONS 183
14.5 RELATED REPORTS 183
14.6 AUTHOR DETAILS 184