The global nickel-cadmium (Ni-Cd) battery market is growing at a considerable CAGR of 0.7% during the forecast period (2021-2027). The major factors that are generating revenue for the Ni-Cd battery industry are low cost in terms of cost per cycle, ease of availability, ultra-fast charging capabilities, and long shelf life, and good load performance. Ni-Cd batteries are produced in an extensive series of sizes and capacities, from large ventilated cells used for standby power and motive power to portable sealed types interchangeable with carbon-zinc dry batteries. Ni-Cd is utilized for enhancing the safety and quality of the equipment, and reducing Total Cost of Ownership (TCO), and safeguarding the environment, as they provide a truly reliable solution. Ni-Cd batteries have a significant market in photography equipment, emergency lighting, portable power tools, portable electronic devices, and flashlights, as well as several other devices used daily. Besides, the Ni-Cd battery’s unique electrochemistry allows withstanding any depth of discharge regularly. Several portable phones, camcorders, cordless power tools such as cordless drills, portable appliances, and audio equipment use Ni-Cd battery as it can ultra-fast charge in less than 15 minutes.
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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. Conversely, a significant rise in the demand for rechargeable batteries is one of the major opportunities for the market players. The rechargeable battery sector invests significantly in R&D and several batteries are in the pre-commercial phase. The rechargeable battery sector invests significantly in R&D and several batteries are in the pre-commercial phase.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Nickel-Cadmium Battery Market Report Segment
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 Nickel-Cadmium Battery Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global nickel-cadmium battery market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying who-stands-where in the market.
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