The global Nickel-based Secondary Batteries market size is predicted to grow from US$ 1529 million in 2025 to US$ 1740 million in 2031; it is expected to grow at a CAGR of 2.2% from 2025 to 2031.
Nickel-based secondary batteries are rechargeable batteries that use nickel as a key component in their chemistry. These batteries typically include nickel-cadmium (NiCd) and nickel-metal hydride (NiMH) types. In these batteries, nickel plays a crucial role in the positive electrode, while the negative electrode varies depending on the specific battery type. Nickel-based secondary batteries are known for their durability, ability to deliver high power output, and relatively long cycle life compared to other battery chemistries. They have been widely used in applications such as power tools, hybrid vehicles, and portable electronics, although their use has declined in favor of lithium-ion batteries due to energy density and environmental concerns.
United States market for Nickel-based Secondary Batteries is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Nickel-based Secondary Batteries is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Nickel-based Secondary Batteries is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Nickel-based Secondary Batteries players cover Panasonic, Energizer, BYD, Primearth EV Energy, FDK, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Nickel-based Secondary Batteries Industry Forecast” looks at past sales and reviews total world Nickel-based Secondary Batteries sales in 2024, providing a comprehensive analysis by region and market sector of projected Nickel-based Secondary Batteries sales for 2025 through 2031. With Nickel-based Secondary Batteries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nickel-based Secondary Batteries industry.
This Insight Report provides a comprehensive analysis of the global Nickel-based Secondary Batteries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nickel-based Secondary Batteries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nickel-based Secondary Batteries market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel-based Secondary Batteries and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nickel-based Secondary Batteries.
This report presents a comprehensive overview, market shares, and growth opportunities of Nickel-based Secondary Batteries market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
NiMH Battery
Nickel-cadmium Battery
Nickel-zinc Battery
Nickel-iron Battery
Segmentation by Application:
Consumer Electronics
Hybrid Vehicles
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Panasonic
Energizer
BYD
Primearth EV Energy
FDK
GP Batteries
Shenzhen Highpower Technology
Hunan Corun New Energy
Henan Troily New Energy Technology
SAFT
Chunlan
Lexel Battery
LG Energy
Guangzhou Great Power Energy and Technology
Shenzhen EPT BATTERY
GS Yuasa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Nickel-based Secondary Batteries market?
What factors are driving Nickel-based Secondary Batteries market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nickel-based Secondary Batteries market opportunities vary by end market size?
How does Nickel-based Secondary Batteries break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Nickel-based Secondary Batteries Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Nickel-based Secondary Batteries by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Nickel-based Secondary Batteries by Country/Region, 2020, 2024 & 2031
2.2 Nickel-based Secondary Batteries Segment by Type
2.2.1 NiMH Battery
2.2.2 Nickel-cadmium Battery
2.2.3 Nickel-zinc Battery
2.2.4 Nickel-iron Battery
2.3 Nickel-based Secondary Batteries Sales by Type
2.3.1 Global Nickel-based Secondary Batteries Sales Market Share by Type (2020-2025)
2.3.2 Global Nickel-based Secondary Batteries Revenue and Market Share by Type (2020-2025)
2.3.3 Global Nickel-based Secondary Batteries Sale Price by Type (2020-2025)
2.4 Nickel-based Secondary Batteries Segment by Application
2.4.1 Consumer Electronics
2.4.2 Hybrid Vehicles
2.4.3 Others
2.5 Nickel-based Secondary Batteries Sales by Application
2.5.1 Global Nickel-based Secondary Batteries Sale Market Share by Application (2020-2025)
2.5.2 Global Nickel-based Secondary Batteries Revenue and Market Share by Application (2020-2025)
2.5.3 Global Nickel-based Secondary Batteries Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Nickel-based Secondary Batteries Breakdown Data by Company
3.1.1 Global Nickel-based Secondary Batteries Annual Sales by Company (2020-2025)
3.1.2 Global Nickel-based Secondary Batteries Sales Market Share by Company (2020-2025)
3.2 Global Nickel-based Secondary Batteries Annual Revenue by Company (2020-2025)
3.2.1 Global Nickel-based Secondary Batteries Revenue by Company (2020-2025)
3.2.2 Global Nickel-based Secondary Batteries Revenue Market Share by Company (2020-2025)
3.3 Global Nickel-based Secondary Batteries Sale Price by Company
3.4 Key Manufacturers Nickel-based Secondary Batteries Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Nickel-based Secondary Batteries Product Location Distribution
3.4.2 Players Nickel-based Secondary Batteries Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Nickel-based Secondary Batteries by Geographic Region
4.1 World Historic Nickel-based Secondary Batteries Market Size by Geographic Region (2020-2025)
4.1.1 Global Nickel-based Secondary Batteries Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Nickel-based Secondary Batteries Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Nickel-based Secondary Batteries Market Size by Country/Region (2020-2025)
4.2.1 Global Nickel-based Secondary Batteries Annual Sales by Country/Region (2020-2025)
4.2.2 Global Nickel-based Secondary Batteries Annual Revenue by Country/Region (2020-2025)
4.3 Americas Nickel-based Secondary Batteries Sales Growth
4.4 APAC Nickel-based Secondary Batteries Sales Growth
4.5 Europe Nickel-based Secondary Batteries Sales Growth
4.6 Middle East & Africa Nickel-based Secondary Batteries Sales Growth
5 Americas
5.1 Americas Nickel-based Secondary Batteries Sales by Country
5.1.1 Americas Nickel-based Secondary Batteries Sales by Country (2020-2025)
5.1.2 Americas Nickel-based Secondary Batteries Revenue by Country (2020-2025)
5.2 Americas Nickel-based Secondary Batteries Sales by Type (2020-2025)
5.3 Americas Nickel-based Secondary Batteries Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Nickel-based Secondary Batteries Sales by Region
6.1.1 APAC Nickel-based Secondary Batteries Sales by Region (2020-2025)
6.1.2 APAC Nickel-based Secondary Batteries Revenue by Region (2020-2025)
6.2 APAC Nickel-based Secondary Batteries Sales by Type (2020-2025)
6.3 APAC Nickel-based Secondary Batteries Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Nickel-based Secondary Batteries by Country
7.1.1 Europe Nickel-based Secondary Batteries Sales by Country (2020-2025)
7.1.2 Europe Nickel-based Secondary Batteries Revenue by Country (2020-2025)
7.2 Europe Nickel-based Secondary Batteries Sales by Type (2020-2025)
7.3 Europe Nickel-based Secondary Batteries Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Nickel-based Secondary Batteries by Country
8.1.1 Middle East & Africa Nickel-based Secondary Batteries Sales by Country (2020-2025)
8.1.2 Middle East & Africa Nickel-based Secondary Batteries Revenue by Country (2020-2025)
8.2 Middle East & Africa Nickel-based Secondary Batteries Sales by Type (2020-2025)
8.3 Middle East & Africa Nickel-based Secondary Batteries Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Nickel-based Secondary Batteries
10.3 Manufacturing Process Analysis of Nickel-based Secondary Batteries
10.4 Industry Chain Structure of Nickel-based Secondary Batteries
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Nickel-based Secondary Batteries Distributors
11.3 Nickel-based Secondary Batteries Customer
12 World Forecast Review for Nickel-based Secondary Batteries by Geographic Region
12.1 Global Nickel-based Secondary Batteries Market Size Forecast by Region
12.1.1 Global Nickel-based Secondary Batteries Forecast by Region (2026-2031)
12.1.2 Global Nickel-based Secondary Batteries Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Nickel-based Secondary Batteries Forecast by Type (2026-2031)
12.7 Global Nickel-based Secondary Batteries Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Panasonic
13.1.1 Panasonic Company Information
13.1.2 Panasonic Nickel-based Secondary Batteries Product Portfolios and Specifications
13.1.3 Panasonic Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Panasonic Main Business Overview
13.1.5 Panasonic Latest Developments
13.2 Energizer
13.2.1 Energizer Company Information
13.2.2 Energizer Nickel-based Secondary Batteries Product Portfolios and Specifications
13.2.3 Energizer Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Energizer Main Business Overview
13.2.5 Energizer Latest Developments
13.3 BYD
13.3.1 BYD Company Information
13.3.2 BYD Nickel-based Secondary Batteries Product Portfolios and Specifications
13.3.3 BYD Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BYD Main Business Overview
13.3.5 BYD Latest Developments
13.4 Primearth EV Energy
13.4.1 Primearth EV Energy Company Information
13.4.2 Primearth EV Energy Nickel-based Secondary Batteries Product Portfolios and Specifications
13.4.3 Primearth EV Energy Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Primearth EV Energy Main Business Overview
13.4.5 Primearth EV Energy Latest Developments
13.5 FDK
13.5.1 FDK Company Information
13.5.2 FDK Nickel-based Secondary Batteries Product Portfolios and Specifications
13.5.3 FDK Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 FDK Main Business Overview
13.5.5 FDK Latest Developments
13.6 GP Batteries
13.6.1 GP Batteries Company Information
13.6.2 GP Batteries Nickel-based Secondary Batteries Product Portfolios and Specifications
13.6.3 GP Batteries Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 GP Batteries Main Business Overview
13.6.5 GP Batteries Latest Developments
13.7 Shenzhen Highpower Technology
13.7.1 Shenzhen Highpower Technology Company Information
13.7.2 Shenzhen Highpower Technology Nickel-based Secondary Batteries Product Portfolios and Specifications
13.7.3 Shenzhen Highpower Technology Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Shenzhen Highpower Technology Main Business Overview
13.7.5 Shenzhen Highpower Technology Latest Developments
13.8 Hunan Corun New Energy
13.8.1 Hunan Corun New Energy Company Information
13.8.2 Hunan Corun New Energy Nickel-based Secondary Batteries Product Portfolios and Specifications
13.8.3 Hunan Corun New Energy Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Hunan Corun New Energy Main Business Overview
13.8.5 Hunan Corun New Energy Latest Developments
13.9 Henan Troily New Energy Technology
13.9.1 Henan Troily New Energy Technology Company Information
13.9.2 Henan Troily New Energy Technology Nickel-based Secondary Batteries Product Portfolios and Specifications
13.9.3 Henan Troily New Energy Technology Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Henan Troily New Energy Technology Main Business Overview
13.9.5 Henan Troily New Energy Technology Latest Developments
13.10 SAFT
13.10.1 SAFT Company Information
13.10.2 SAFT Nickel-based Secondary Batteries Product Portfolios and Specifications
13.10.3 SAFT Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 SAFT Main Business Overview
13.10.5 SAFT Latest Developments
13.11 Chunlan
13.11.1 Chunlan Company Information
13.11.2 Chunlan Nickel-based Secondary Batteries Product Portfolios and Specifications
13.11.3 Chunlan Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Chunlan Main Business Overview
13.11.5 Chunlan Latest Developments
13.12 Lexel Battery
13.12.1 Lexel Battery Company Information
13.12.2 Lexel Battery Nickel-based Secondary Batteries Product Portfolios and Specifications
13.12.3 Lexel Battery Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Lexel Battery Main Business Overview
13.12.5 Lexel Battery Latest Developments
13.13 LG Energy
13.13.1 LG Energy Company Information
13.13.2 LG Energy Nickel-based Secondary Batteries Product Portfolios and Specifications
13.13.3 LG Energy Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 LG Energy Main Business Overview
13.13.5 LG Energy Latest Developments
13.14 Guangzhou Great Power Energy and Technology
13.14.1 Guangzhou Great Power Energy and Technology Company Information
13.14.2 Guangzhou Great Power Energy and Technology Nickel-based Secondary Batteries Product Portfolios and Specifications
13.14.3 Guangzhou Great Power Energy and Technology Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Guangzhou Great Power Energy and Technology Main Business Overview
13.14.5 Guangzhou Great Power Energy and Technology Latest Developments
13.15 Shenzhen EPT BATTERY
13.15.1 Shenzhen EPT BATTERY Company Information
13.15.2 Shenzhen EPT BATTERY Nickel-based Secondary Batteries Product Portfolios and Specifications
13.15.3 Shenzhen EPT BATTERY Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Shenzhen EPT BATTERY Main Business Overview
13.15.5 Shenzhen EPT BATTERY Latest Developments
13.16 GS Yuasa
13.16.1 GS Yuasa Company Information
13.16.2 GS Yuasa Nickel-based Secondary Batteries Product Portfolios and Specifications
13.16.3 GS Yuasa Nickel-based Secondary Batteries Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 GS Yuasa Main Business Overview
13.16.5 GS Yuasa Latest Developments
14 Research Findings and Conclusion
*If Applicable.