NICKEL METAL HYDRIDE BATTERY MARKET

INTRODUCTION

An example of a rechargeable battery is a nickel metal hydride battery (NiMH or Ni-MH). Similar to the nickel-cadmium cell's (NiCd) chemical process, the positive electrode utilizes nickel oxide hydroxide (NiOOH).

Instead of cadmium, the negative electrodes are made of an alloy that absorbs hydrogen. Despite having a substantially lower energy density than lithium-ion batteries, NiMH batteries can have capacities that are two to three times greater than those of NiCd batteries of the same size.

Since they have a slightly lower but generally compatible cell voltage and are less likely to leak, they are frequently used as an alternative to similarly shaped non-rechargeable alkaline batteries.

In a NiMH cell, the negative electrode reaction isOH + MH + H2O + M + eNiO(OH), nickel oxyhydroxide, forms on the positive electrode:Ni(OH)2 plus OH NiO(OH), water, and e

During charge, the reactions move from left to right, and during discharge, the opposite happens. An intermetallic combination called metal M makes up the negative electrode of a NiMH battery.

Although many different substances have been created for this usage, the ones that are currently in use can be divided into two kinds.

The most typical is AB5, where B is either nickel, cobalt, manganese, or aluminum and A is a rare-earth mixture of lanthanum, cerium, neodymium, and praseodymium.

AB2 compounds, where A is titanium or vanadium and B is zirconium or nickel, are the basis for some cells' higher-capacity negative electrode materials. These materials may be changed with chromium, cobalt, iron, or manganese.

NICKEL METAL HYDRIDE BATTERY MARKET SIZE AND FORECAST

The Global nickel metal hydride battery market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

COVID-19 IMPACT ON MATERIAL HANDLING ROBOTICS MARKET

Numerous industries have been impacted by the COVID-19 pandemic, which has impacted sales. The industrial operations of some enterprises came to a long halt as a result of the global lockdown and severe restrictions imposed by governments.

The sales and revenue-generating rates of the nickel metal hydride battery major significant players were impacted by this. Many businesses have cut operating staff, which has had an impact on their supply chain and production, to uphold social distance rules enforced by governments.

COMPANY PROFILE

• NEXcell Battery
• Saft Group
• Primearth EV Energy
• Saft Group
• Duracell
• Panasonic

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many nickel metal hydride batteries are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global nickel metal hydride battery and key vendor selection criteria
3. Where is the nickel metal hydride battery manufactured? What is the average margin per unit?
4. Market share of Global nickel metal hydride battery market manufacturers and their upcoming products
5. The cost advantage for OEMs who manufacture Global nickel metal hydride batteries in-house
6. key predictions for the next 5 years in the Global nickel metal hydride battery market
7. Average B-2-B nickel metal hydride battery market price in all segments
8. Latest trends in the nickel metal hydride battery market, by every market segment
9. The market size (both volume and value) of the nickel metal hydride battery market in 2023-2030 and every year in between?
10. Production breakup of nickel metal hydride battery market, by suppliers and their OEM relationship