APO RESEARCH · REPORT
Ni-MH Battery
Nickel-metal hydride batteries use a nickel-based positive electrode and a hydrogen-storage alloy negative electrode with alkaline electrolyte.

Product & engineering
Understand the product.
The active components of a rechargeable NiMH battery in the charged state consist of nickel hydroxide (NiOOH) in the positive electrode and a hydrogen storing metal alloy (MH) in the negative electrode as well as an alkaline electrolyte.
Charging method, temperature and overcharge conditions affect service behaviour. Backup operation and frequent cycling require different acceptance patterns. Nominal capacity does not establish equal performance at every discharge rate.
What turns activity into demand
A standby cell and a frequently cycled cell can have different requirements despite matching physical size. Demand needs an application and service-cycle bridge. Separate cells, assembled packs and charging equipment. A rechargeable replacement must be compatible with the device and charging arrangement.
The commercial boundary
Separate cells, assembled packs and charging equipment. A rechargeable replacement must be compatible with the device and charging arrangement.
Technical reading
Selected research
Market Structure
Global Ni-MH Battery Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The active components of a rechargeable NiMH battery in the charged state consist of nickel hydroxide (NiOOH) in the positive electrode and a hydrogen storing metal alloy (MH) in the negative electrode as well as an alkaline electrolyte.
Global Ni-MH Battery key players include Primearth EV Energy, FDK, GP Batteries International, Corun, etc. Global top four manufacturers hold a share over 45%.
North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 40 percent.
Read the full market overview
In terms of product, Small-sized battery is the largest segment, with a share nearly 80%. And in terms of application, the largest application is Retail market, followed by HEV, Cordless phone, Personal care, etc.
The report provides an overview of the global Ni-MH Battery market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Ni-MH Battery and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Ni-MH Battery sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Ni-MH Battery market size, projected growth trends, production technologies, key applications, and end-use industries.
Ni-MH Battery Segment by Company
Primearth EV Energy
FDK
GP Batteries International
Highpower International Inc
Corun
Panasonic
Huanyu battery
GS Yuasa
Spectrum Brands (Rayovac)
Lexel Battery (Coslight)
EPT Battery Co., Ltd
Energizer Holdings
Great Power Energy
Suppo
Ni-MH Battery Segment by Type
Small-Sized Ni-MH Battery for Consumer Electronics
Large-Sized Ni-MH Battery for HEV
Ni-MH Battery Segment by Application
HEV
Retail Market
Cordless Phone
Dust Collector
Personal Care
Lighting Tools
Electric Tool
Others
Ni-MH Battery Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ni-MH Battery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Ni-MH Battery and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ni-MH Battery.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Ni-MH Battery market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Ni-MH Battery industry.
Chapter 3: Detailed analysis of Ni-MH Battery market competition landscape. Including Ni-MH Battery manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Ni-MH Battery by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Ni-MH Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Small-Sized Ni-MH Battery for Consumer Electronics
- Large-Sized Ni-MH Battery for HEV
Applications
- HEV
- Retail Market
- Cordless Phone
- Dust Collector
- Personal Care
- Lighting Tools
- Electric Tool
- Others
Companies covered
- Primearth EV Energy
- FDK
- GP Batteries International
- Highpower International Inc
- Corun
- Panasonic
- Huanyu battery
- GS Yuasa
- Spectrum Brands (Rayovac)
- Lexel Battery (Coslight)
- EPT Battery Co., Ltd
- Energizer Holdings
- Great Power Energy
- Suppo
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Ni-MH Battery Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Ni-MH Battery Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Ni-MH Battery Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Ni-MH Battery Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Ni-MH Battery Market Dynamics
- 2.1 Ni-MH Battery Industry Trends
- 2.2 Ni-MH Battery Industry Drivers
- 2.3 Ni-MH Battery Industry Opportunities and Challenges
- 2.4 Ni-MH Battery Industry Restraints
3 Ni-MH Battery Market by Manufacturers
- 3.1 Global Ni-MH Battery Production Value by Manufacturers (2021-2026)
- 3.2 Global Ni-MH Battery Production by Manufacturers (2021-2026)
- 3.3 Global Ni-MH Battery Average Price by Manufacturers (2021-2026)
- 3.4 Global Ni-MH Battery Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Ni-MH Battery Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Ni-MH Battery Manufacturers, Product Type & Application
- 3.7 Global Ni-MH Battery Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Ni-MH Battery Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Ni-MH Battery Players Market Share by Production Value in 2025
- 3.8.3 2025 Ni-MH Battery Tier 1, Tier 2, and Tier 3
4 Ni-MH Battery Market by Type
- 4.1 Ni-MH Battery Type Introduction
- 4.1.1 Small-Sized Ni-MH Battery for Consumer Electronics
- 4.1.2 Large-Sized Ni-MH Battery for HEV
- 4.2 Global Ni-MH Battery Production by Type
- 4.2.1 Global Ni-MH Battery Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Ni-MH Battery Production by Type (2021-2032)
- 4.2.3 Global Ni-MH Battery Production Market Share by Type (2021-2032)
- 4.3 Global Ni-MH Battery Production Value by Type
- 4.3.1 Global Ni-MH Battery Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Ni-MH Battery Production Value by Type (2021-2032)
- 4.3.3 Global Ni-MH Battery Production Value Market Share by Type (2021-2032)
5 Ni-MH Battery Market by Application
- 5.1 Ni-MH Battery Application Introduction
- 5.1.1 HEV
- 5.1.2 Retail Market
- 5.1.3 Cordless Phone
- 5.1.4 Dust Collector
- 5.1.5 Personal Care
- 5.1.6 Lighting Tools
- 5.1.7 Electric Tool
- 5.1.8 Others
- 5.2 Global Ni-MH Battery Production by Application
- 5.2.1 Global Ni-MH Battery Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Ni-MH Battery Production by Application (2021-2032)
- 5.2.3 Global Ni-MH Battery Production Market Share by Application (2021-2032)
- 5.3 Global Ni-MH Battery Production Value by Application
- 5.3.1 Global Ni-MH Battery Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Ni-MH Battery Production Value by Application (2021-2032)
- 5.3.3 Global Ni-MH Battery Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Primearth EV Energy
- 6.1.1 Primearth EV Energy Company Information
- 6.1.2 Primearth EV Energy Business Overview
- 6.1.3 Primearth EV Energy Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.1.4 Primearth EV Energy Ni-MH Battery Product Portfolio
- 6.1.5 Primearth EV Energy Recent Developments
- 6.2 FDK
- 6.2.1 FDK Company Information
- 6.2.2 FDK Business Overview
- 6.2.3 FDK Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.2.4 FDK Ni-MH Battery Product Portfolio
- 6.2.5 FDK Recent Developments
- 6.3 GP Batteries International
- 6.3.1 GP Batteries International Company Information
- 6.3.2 GP Batteries International Business Overview
- 6.3.3 GP Batteries International Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.3.4 GP Batteries International Ni-MH Battery Product Portfolio
- 6.3.5 GP Batteries International Recent Developments
- 6.4 Highpower International Inc
- 6.4.1 Highpower International Inc Company Information
- 6.4.2 Highpower International Inc Business Overview
- 6.4.3 Highpower International Inc Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.4.4 Highpower International Inc Ni-MH Battery Product Portfolio
- 6.4.5 Highpower International Inc Recent Developments
- 6.5 Corun
- 6.5.1 Corun Company Information
- 6.5.2 Corun Business Overview
- 6.5.3 Corun Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.5.4 Corun Ni-MH Battery Product Portfolio
- 6.5.5 Corun Recent Developments
- 6.6 Panasonic
- 6.6.1 Panasonic Company Information
- 6.6.2 Panasonic Business Overview
- 6.6.3 Panasonic Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.6.4 Panasonic Ni-MH Battery Product Portfolio
- 6.6.5 Panasonic Recent Developments
- 6.7 Huanyu battery
- 6.7.1 Huanyu battery Company Information
- 6.7.2 Huanyu battery Business Overview
- 6.7.3 Huanyu battery Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.7.4 Huanyu battery Ni-MH Battery Product Portfolio
- 6.7.5 Huanyu battery Recent Developments
- 6.8 GS Yuasa
- 6.8.1 GS Yuasa Company Information
- 6.8.2 GS Yuasa Business Overview
- 6.8.3 GS Yuasa Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.8.4 GS Yuasa Ni-MH Battery Product Portfolio
- 6.8.5 GS Yuasa Recent Developments
- 6.9 Spectrum Brands (Rayovac)
- 6.9.1 Spectrum Brands (Rayovac) Company Information
- 6.9.2 Spectrum Brands (Rayovac) Business Overview
- 6.9.3 Spectrum Brands (Rayovac) Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.9.4 Spectrum Brands (Rayovac) Ni-MH Battery Product Portfolio
- 6.9.5 Spectrum Brands (Rayovac) Recent Developments
- 6.10 Lexel Battery (Coslight)
- 6.10.1 Lexel Battery (Coslight) Company Information
- 6.10.2 Lexel Battery (Coslight) Business Overview
- 6.10.3 Lexel Battery (Coslight) Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.10.4 Lexel Battery (Coslight) Ni-MH Battery Product Portfolio
- 6.10.5 Lexel Battery (Coslight) Recent Developments
- 6.11 EPT Battery Co., Ltd
- 6.11.1 EPT Battery Co., Ltd Company Information
- 6.11.2 EPT Battery Co., Ltd Business Overview
- 6.11.3 EPT Battery Co., Ltd Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.11.4 EPT Battery Co., Ltd Ni-MH Battery Product Portfolio
- 6.11.5 EPT Battery Co., Ltd Recent Developments
- 6.12 Energizer Holdings
- 6.12.1 Energizer Holdings Company Information
- 6.12.2 Energizer Holdings Business Overview
- 6.12.3 Energizer Holdings Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.12.4 Energizer Holdings Ni-MH Battery Product Portfolio
- 6.12.5 Energizer Holdings Recent Developments
- 6.13 Great Power Energy
- 6.13.1 Great Power Energy Company Information
- 6.13.2 Great Power Energy Business Overview
- 6.13.3 Great Power Energy Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.13.4 Great Power Energy Ni-MH Battery Product Portfolio
- 6.13.5 Great Power Energy Recent Developments
- 6.14 Suppo
- 6.14.1 Suppo Company Information
- 6.14.2 Suppo Business Overview
- 6.14.3 Suppo Ni-MH Battery Production, Value and Gross Margin (2021-2026)
- 6.14.4 Suppo Ni-MH Battery Product Portfolio
- 6.14.5 Suppo Recent Developments
7 Global Ni-MH Battery Production by Region
- 7.1 Global Ni-MH Battery Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Ni-MH Battery Production by Region (2021-2032)
- 7.2.1 Global Ni-MH Battery Production by Region (2021-2026)
- 7.2.2 Global Ni-MH Battery Production Forecast by Region (2027-2032)
- 7.3 Global Ni-MH Battery Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Ni-MH Battery Production Value by Region (2021-2032)
- 7.4.1 Global Ni-MH Battery Production Value by Region (2021-2026)
- 7.4.2 Global Ni-MH Battery Production Value by Region (2027-2032)
- 7.5 Global Ni-MH Battery Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Ni-MH Battery Production Value (2021-2032)
- 7.6.2 Europe Ni-MH Battery Production Value (2021-2032)
- 7.6.3 Asia-Pacific Ni-MH Battery Production Value (2021-2032)
- 7.6.4 South America Ni-MH Battery Production Value (2021-2032)
- 7.6.5 Middle East & Africa Ni-MH Battery Production Value (2021-2032)
8 Global Ni-MH Battery Consumption by Region
- 8.1 Global Ni-MH Battery Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Ni-MH Battery Consumption by Region (2021-2032)
- 8.2.1 Global Ni-MH Battery Consumption by Region (2021-2026)
- 8.2.2 Global Ni-MH Battery Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Ni-MH Battery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Ni-MH Battery Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Ni-MH Battery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Ni-MH Battery Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Ni-MH Battery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Ni-MH Battery Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Ni-MH Battery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Ni-MH Battery Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Ni-MH Battery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Ni-MH Battery Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Ni-MH Battery Value Chain Analysis
- 9.1.1 Ni-MH Battery Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Ni-MH Battery Production Mode & Process
- 9.2 Ni-MH Battery Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Ni-MH Battery Distributors
- 9.2.3 Ni-MH Battery Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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