Nickel Cadmium Battery Market: Industry Growth, Size, Share and Forecast 2019-2025


Posted January 22, 2020 by orionmarketresearch

The global nickel-cadmium battery market is declining at a CAGR of 0.7% during the forecast period (2018-2023).

 
Ni-Cd batteries use nickel oxide hydroxide and metallic cadmium as electrodes. They are available as a rechargeable battery and works in high-drain devices and lasts longer. The Ni-Cd battery finds a significant application in portable devices such as motorized equipment, power tools, medical instrumentation, and others. These batteries are available in various sizes from AAA through D as well as heavy-duty batteries.

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However, cohesive government policies regarding cadmium have forced the manufacturer to use alternatives such as nickel-metal hydride (NiMH) and other batteries. It is due to the disposition challenges related to cadmium, as it is a heavy metal. For instance, eight states of the US have banned the disposal of nickel-cadmium and small sealed lead-acid batteries. Countries of the European Union have also banned the Ni-Cd batteries due to which a very high decline will be registered in the region during the forecast period. As per EU regulations, portable batteries and accumulators which contain more than 0.002% of cadmium by weight shall not be placed in the market.

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The market is segmented on the basis of application and type. By application, the market is further segmented into consumer electronics, industrial, healthcare, automotive & transportation, power & utility. Some medical devices including pacemakers still use Ni-Cd batteries which are providing a positive growth rate to the market. Additionally, there are chances that the healthcare segment will be the last segment which will face prohibition on the use of Ni-Cd batteries. By type, the market is segmented into D Battery, C Battery, A, AA & AAA Battery, 9 Volt Battery, and Heavy-Duty Battery. The heavy-duty battery segment is expected to hold the largest share during the forecast period. Power & utility, automotive & transportation, and industrial segment use heavy-duty batteries which is a major factor for the largest market share during the forecast period.

Some of the major players contributing to the nickel-cadmium market include Alcad Ltd., Bosch Production Tools, Panasonic Corp., Duracell Inc., Saft Groupe SA, are contributing significantly into the market. Mergers & acquisitions, geographical expansion, partnership & collaborations, product launches and joint ventures are some crucial strategies used by the companies to expand their market share and gain a competitive advantage over their competitors.

Global Ni-Cd Battery Market Segmentation

By Application

• Consumer Electronics
• Industrial
• Health Care
• Automotive

By Type

• D-Battery
• C Battery
• A, AA, AAA Battery
• 9 Volts Battery
• Heavy Duty Battery

Global Ni-Cd Battery Market – Segment by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa

Company Profiles

• ALCAD Ltd.
• Andy The Battery Bloke
• ARTS Energy
• Battery Specialties Inc
• Batteries Wholesale
• Cell-Con Inc
• Cell Pack Solutions
• Duracell
• EnerSys
• EverExceed
• GlobTek, Inc
• Battery USA
• IBT
• Interberg Batteries Ltd.
• J&A Electronics (China) Co. Ltd
• M & B's Battery
• Panasonic
• Power-Sonic Corporation
• Saft
• Sanyo Energy USA Corporation
• Shenzhen Nova
• Sichuan Changhong Battery Co., Ltd. Test Rite Battery
• Uniross Batteries Corp
• VARTA

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Last Updated January 22, 2020