This will enable the battery to handle more charging cycles without losing capacity. In December 2018, Researchers from Stockholm University developed a method to multiply the lifespan of nickel-metal hydride battery.The cutting blades for the mower are made of steel which has improved performance as compared to plastic and aluminium. The mulching mower uses two 20V batteries, capable of cutting 11,000 square feet of grass in a single charge. In August 2019, Worx announced the launch of Worx 40V 20” Mower Mulching Lawn Mover, which is compact and brings down the problem of storage.This lamp can act as an instantaneous solution in case of power outages. The product was launched in India to mark the 5 th anniversary of Xiaomi in India. In July 2019, Xiaomi launched the portable rechargeable LED lamp in India which is capable of having a battery backup for 5 days.Latin America and the Middle East region will have a slow growth rate with the growing trend of renewable sources in the regions. As the markets in Europe and North America are matured the regions will see a stagnant growth over the given forecast period. Europe holds the largest market in the global rechargeable battery market with the increased adoption of renewable sources of energy, Europe is followed by the North America region. China, India, Japan, and South Korea have been the dominant players in the region. ![]() Also, the consumer electronics in which the rechargeable batteries are used have been most adopted in the Asia Pacific region. The sales of automobiles have been on a high since past few years in the region. The steps to reduce carbon footprints have seen growth in sales of electric vehicles which use rechargeable batteries. The Asia Pacific region holds the most significant opportunity for the growth of the market during the given forecast period owing to the increased automobile demand. The global rechargeable battery market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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