Nickel Metal Hydride Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the nickel metal hydride industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected nickel metal hydride market growth numbers 2021-2030.
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The Nickel Metal Hydride Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global nickel metal hydride market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Nickel Metal Hydride Global Market Report 2021 covers nickel metal hydride market drivers, nickel metal hydride market trends, nickel metal hydride market growth rate, nickel metal hydride market major players, player-adopted strategies in the market, and nickel metal hydride market size.
The global nickel metal hydride market is expected to decline from $1.86 in billion 2020 to $1.85 billion in 2021 at a compound annual growth rate (CAGR) of -0.5%. The decline in the market is mainly due to a halt in the production of nickel metal hydride batteries, supply chain disruptions, and labor shortages caused during the COVID-19 outbreak. The nickel metal hydride batteries market is expected to reach $1.95 billion in 2025 at a CAGR of 1%.
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The report covers the nickel metal hydride market segments-
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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