Nickel Metal Hydride Battery Market Growth, Opportunity, Size, Share and Forecast 2019-2025

The Global (Nickel Metal Hydride) NiMH Battery has been growing modestly during the forecast period (2018-2023). NiMH batteries were an improvement on the NiCad batteries and are used in variety of applications. A NiMH is the arrangement of a battery using metal hydride hydrogen storage materials as one of the battery electrodes. NiMH batteries are used in solid state format in cameras, personal digital assistants, palm pilots and other gadgets.

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The factors that are augmenting the growth of the NiMH Battery market includes increasing market for electric cars, strict government regulations and stiff regulation due to the toxic nature of cadmium. Increasing consumer electronics segment is furthermore augmenting the market growth.
However, competition from alternatives such as the lithium-ion batteries is limiting the market growth.

The Global NiMH market has been bifurcated into geographical regions such as North America, Europe, APAC, and Rest of the world. North America is further sub-segmented into the US and Canada; and Europe in the UK, France, Germany, Italy, Spain, and rest of the Europe. While APAC is further analysed on the basis India, China, Korea and Japan. AEG Powertools, Cell-Con, Duracell, GP batteries, Harding energy, Johnson controls, Panasonic, BASF, Power-sonic corporation, Supreme batteries Pvt. Ltd, and Energizer are contributing significantly in the mentioned regions.

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Global NIMH Battery Market Segmentation

By Application
o Consumer Electronics
o Industrial
o Automotive
o Others

By Category
o Eneloop
o Nickel Metal Hydride
o Patent Encumbrance Of Large Automotive Nimh Batteries

Company Profiles
o Aeg Powertools
o Cell-Con
o Duracell
o Gp Batteries
o Harding Energy
o Johnson Controls
o Panasonic
o Basf
o Power-Sonic Corporation
o Supreme Batteries Pvt. Ltd.
o Energizer
o Rayovac

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