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Global Nickel Metal Hydride Batteries Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Duracell, Energizer Holdings, Panasonic, Primearth EV Energy, Spectrum Brands
Nickel Metal Hydride Batteries Market
As per the nickel metal hydride batteries market report by The Business Research Company, the increasingly being used in hybrid vehicles. The wide temperature range between -30 °C to + 75 °C and rapid charging capacity made these batteries ideal for the automotive sector. NiMH batteries can handle the high-power levels which are essential for electric vehicles.
The global nickel metal hydride batteries market size will grow from $3.13 billion in 2022 to $3.54 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nickel metal hydride batteries market size is expected to grow to $5.59 billion in 2027 at a CAGR of 12.1%.
Read More On The Nickel Metal Hydride Batteries Market Report Here:
https://www.thebusinessresearchcompany.com/report/nickel-metal-hydride-global-market-report
Major players in the nickel metal hydride batteries market are Duracell, Energizer Holdings, Panasonic, Primearth EV Energy, Spectrum Brands, GP Batteries International, Panasonic, Spectrum Brands (Rayovac), Duracell, and Aeg Powertools.
The nickel metal hydride batteries market is segmented -
1) By Type: Small-Sized Ni-MH Battery for Consumer Electronics, Large-Sized Ni-MH Battery for HEV
2) By Application: Automotive, Cordless Phone, Dust Collector, Personal Care, Lighting Tools, Electric Tool
3) By Sales Channel: OEM, Aftermarket
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A nickel metal hydride battery refers to an energy storage battery or rechargeable battery. These batteries are composed of electrochemical charge/discharge reactions that occur between a positive electrode and a negative electrode. They are used in widespread applications, especially in high-end portable electronic products.
The Table Of Content For The Nickel Metal Hydride Batteries Market Include:
1. Executive Summary
2. Nickel Metal Hydride Batteries Market Characteristics
3. Nickel Metal Hydride Batteries Market Trends And Strategies
4. Nickel Metal Hydride Batteries Market - Macro Economic Scenario
5. Nickel Metal Hydride Batteries Market Size And Growth
……
27. Nickel Metal Hydride Batteries Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nickel Metal Hydride Batteries Market
29. Nickel Metal Hydride Batteries Market Future Outlook and Potential Analysis
30. Appendix
The "Global Nickel Metal Hydride Batteries Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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