Asia-Pacific nickel-cadmium battery market is estimated to witness a CAGR of around -0.4%, during the forecast period. Asia-Pacific is estimated to contribute considerably in the global Ni-Cd battery market owing to the rising consumer electronics industry, positive outlook for the renewable energy sources in the region, vast population base, and developing economies such as China, India, and South Korea in the region. Ni-Cd batteries find significant application in a wide variety of consumer electronics, as energy storage for solar photovoltaic (PV) and wind turbines in stand-alone hybrid power and grid-connected installations. Asia-Pacific is home to several developing economies is seen as the high potential market for the solar panel companies to invest. According to the BP PLC, China led the Asia-Pacific in terms of solar panel installed capacity with 131 gigawatts (GW) installed capacity in 2017. China is followed by Japan with a total solar installed capacity of 49 GW in 2017.
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The companies which are contributing to the growth of the Asia-Pacific nickel-cadmium battery market include ALCAD LTD., EverExceed, Panasonic Corp., SANYO Electric Co., Ltd., and Test Rite Battery. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Asia-Pacific Nickel Cadmium Battery Market by Application
- Consumer Electronics
- Industrial
- Healthcare
- Automotive & Transportation
- Power and Utility
Asia-Pacific Nickel Cadmium Battery Market by Type
- D Battery
- C Battery
- A, AA & AAA Battery
- 9 Volt Battery
- Heavy Duty Battery
Regional Analysis
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- ALCAD LTD.
- EverExceed
- Panasonic Corp.
- SANYO Electric Co., Ltd.
- Shenzhen NOVA Energy Co., Ltd.
- Sichuan Changbong Battery Co., Ltd.
- Test Rite Battery
The Report Covers
- Comprehensive research methodology of the Asia-Pacific nickel-cadmium battery market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific nickel-cadmium battery market.
- Insights about market determinants which are stimulating the Asia-Pacific nickel-cadmium battery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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