Global NiMH Battery Market Research and Forecast 2018-2023

Global Nickel Metal Hydride Battery Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023

The Global (Nickel Metal Hydride) NiMH Battery Market has been growing modestly during the forecast period (2018-2023). NiMH battery 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. The factors that are augmenting the growth of the 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.

Related Reports: Energy Industry Research

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.

Market Segmentation:

1. Global NiMH analytics market by application
2. Global NiMH analytics market by category

Browse full report @ https://www.omrglobal.com/industry-reports/nimh-battery-market/

CONTACT US
India: +91-780-304-0404
Global: +1-646-755-7667
Email: info@omrglobal.com
Website: www.omrglobal.com