North American nickel cadmium battery market is expected to project a CAGR of around -0.5% during the forecast period. North America is estimated to show a decline in the nickel cadmium market during the forecast period, owing to the ban on the use of nickel cadmium batteries and the availability of alternative solutions. However, the use of a nickel cadmium battery can be seen in a few applications, namely, healthcare and power & utility. Ni-Cd battery finds its application in medical devices such as pacemakers and defibrillators, which may contribute to the market growth owing to the rise in the prevalence of arrhythmia and other heart-related diseases. According to the American Heart Society, in 2017, cardiovascular disease was the cause of around 800,000 mortalities in the US. Moreover, heart diseases are the leading cause of mortality in the US, and about 370,000 Americans lose their lives every year. Increasing the prevalence of heart diseases creates a demand for pacemakers and defibrillators. Ni-Cd batteries are used in LIFEPAK 15 Monitor/Defibrillators and Automated External Defibrillators (AEDs) and hence may create the opportunity for market growth.
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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. Among these, the healthcare segment is expected to show a modest growth rate in the market during the forecast period. 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 a significant share in the market. 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.
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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
North American Nickel Cadmium Battery Market by Application
- Consumer Electronics
- Industrial
- Healthcare
- Automotive & Transportation
- Power and Utility
North American Nickel Cadmium Battery Market by Type
- D Battery
- C Battery
- A, AA & AAA Battery
- 9 Volt Battery
- Heavy Duty Battery
Regional Analysis
- United States
- Canada
Company Profiles
- Battery Specialties Inc.
- Battery Wholesale Inc.
- Cell-Con, Inc.
- Duracell Inc.
- ENERSYS
- S. Battery USA
- GLOBETEK INC.
- HBL Batteries
- M&B’S BATTERY
- Power Sonic Corp.
The Report Covers
- Comprehensive research methodology of the North American 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 North American nickel cadmium battery market.
- Insights about market determinants which are stimulating the North American 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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