According to our (Global Info Research) latest study, the global Vehicle-Mounted Ni-Mh Battery market size was valued at US$ 166 million in 2025 and is forecast to a readjusted size of US$ 220 million by 2032 with a CAGR of 4.2% during review period.
A Vehicle-Mounted Ni-Mh (Nickel-metal Hydride) Battery refers to a rechargeable energy storage device commonly utilized in electric and hybrid vehicles as their power source. This type of battery employs a chemical reaction between nickel oxy-hydroxide and hydrogen-absorbing alloy to generate electricity. The Vehicle-Mounted Ni-Mh Battery offers numerous advantages such as high energy density, long lifespan, and good performance under varying temperature conditions. It serves as a critical component, providing the necessary power for propulsion, lighting, and other electrical systems within the vehicle. The battery's compact design allows for efficient installation and integration into the vehicle's structure, ensuring optimal utilization of available space.
In the current Vehicle-Mounted Ni-MH Battery market, although lithium-ion batteries have largely replaced Ni-MH in primary propulsion systems, Ni-MH batteries still retain a presence in specific automotive applications—particularly in Hybrid Electric Vehicles (HEVs) and low-voltage systems. Their key advantages include excellent thermal stability, high safety, and long cycle life, making them suitable for environments where reliability and temperature resistance are critical.
Recently, Ni-MH batteries have gained traction in powering TBOX (Telematics Box) systems, which are central to in-vehicle telematics and connectivity. TBOX units require batteries that perform reliably across a wide temperature range and can sustain long standby periods. Ni-MH technology, with its resistance to overcharge/discharge, long storage life, and thermal robustness, is well-suited for TBOX systems, particularly in scenarios where vehicles experience intermittent use, high heat, or require uninterrupted communication even when powered down.
Moreover, the growing deployment of intelligent vehicle systems like TBOX has increased demand for stable and rugged power sources, especially in commercial, military, and special-purpose vehicles. In such applications, Ni-MH batteries offer competitive advantages over lithium-ion, including lower self-discharge and superior durability under extreme conditions. As a result, Ni-MH batteries continue to serve as a viable alternative for TBOX backup power and auxiliary systems.
Overall, the vehicle-mounted Ni-MH battery market is experiencing a gradual but stable decline. While its role in main battery systems is shrinking, it remains relevant in TBOX, BCM (Body Control Module), and other auxiliary automotive power systems, particularly where cost, safety, and environmental resilience are priorities. Going forward, manufacturers should focus on specialized niches by enhancing integration, temperature resilience, and long-term reliability.
This report is a detailed and comprehensive analysis for global Vehicle-Mounted Ni-Mh Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Vehicle-Mounted Ni-Mh Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2021-2032
Global Vehicle-Mounted Ni-Mh Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2021-2032
Global Vehicle-Mounted Ni-Mh Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2021-2032
Global Vehicle-Mounted Ni-Mh Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWh), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vehicle-Mounted Ni-Mh Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vehicle-Mounted Ni-Mh Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Highpower Technology, FDK, EPT Battery, Hunan Corun New Energy, Grepow, Panasonic, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vehicle-Mounted Ni-Mh Battery market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Auxiliary Battery
Main Traction Battery
Others
Market segment by Application
Commercial Vehicle
Passenger Vehicle
Others
Major players covered
Highpower Technology
FDK
EPT Battery
Hunan Corun New Energy
Grepow
Panasonic
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vehicle-Mounted Ni-Mh Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vehicle-Mounted Ni-Mh Battery, with price, sales quantity, revenue, and global market share of Vehicle-Mounted Ni-Mh Battery from 2021 to 2026.
Chapter 3, the Vehicle-Mounted Ni-Mh Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vehicle-Mounted Ni-Mh Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Vehicle-Mounted Ni-Mh Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vehicle-Mounted Ni-Mh Battery.
Chapter 14 and 15, to describe Vehicle-Mounted Ni-Mh Battery sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Vehicle-Mounted Ni-Mh Battery. Industry analysis & Market Report on Vehicle-Mounted Ni-Mh Battery is a syndicated market report, published as Global Vehicle-Mounted Ni-Mh Battery Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Vehicle-Mounted Ni-Mh Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.