About Nickel Cadmium Batteries
The increasing adoption of portable as well as mobile nickel-cadmium batteries will help to boost global nickel-cadmium batteries market in the forecasted period. A nickel-cadmium battery (NiCd or NiCad) is a rechargeable battery mainly used for portable computers, camcorders, drills and other small battery-operated devices which needed an even power discharge. It tolerates deep discharges over long periods. NiCd is preferable when size and weight are key factors, such as in airplanes. The growing consumer electronics industry worldwide is a key driver of the global market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 2.8% |
The NiCd battery market is relatively niche compared to Lithium-ion, so news and developments might be less frequent. However, I hope this information provides a starting point for your research.The Players having a strong hold in the market are Panasonic, Uniross Batteries, SANYO Energy, BYD Auto, and Alcad Standby. Analyst at AMA Research estimates that Asian and United States Players will contribute the maximum growth to Global Nickel Cadmium Batteries market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panasonic Corporation (Japan), Uniross Batteries Corp (United Kingdom), SANYO Energy Corporation (Japan), BYD Auto Co., Ltd (China), Alcad Standby Batteries (Sweden), Battery Specialties Inc (United States), Interberg Batteries Ltd. (Spain), EverExceed Corporation (United States), Cell Pack Solutions (United Kingdom) and GlobTek, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are G.S.Battery (United States), TEST RITE Battery (Taiwan), M & B’s Battery (United States) and J and A Electronics Co. Ltd (United States).
Segmentation Overview
AMA Research has segmented the market of Global Nickel Cadmium Batteries market by Type (A, AA, AAA, SC, C and Others), Application (Motorized Equipment, Medical Instrumentation, Emergency Lighting, Consumer Electronics and Other) and Region.
On the basis of geography, the market of Nickel Cadmium Batteries has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Nickel Cadmium Batteries market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurging Adoption of Portable and Mobile Nickel Cadmium Batteries and Introduction to Rechargeable Battery Designs Across Numerous Applications
Market Growth Drivers:
Encouragement on Utilization of Electronic Automobiles Equipped with Nickel Cadmium Batteries and Maximum Shelf Life with Capabilities to be Stored in Discharged State
Challenges:
Disposal Issues Since these Batteries are Manufactured from Toxic Material Like Cadmium and Higher Instances of Self Discharge
Restraints:
Comparatively Expensive than the Conventional Battery Solutions and Lack of Awareness and Usability from Underdeveloped Economies
Opportunities:
Decreasing Oil & Gas Resources as well as Increasing Environmental Factors based on the Same and Numerous Advantages Associated NiCd Batteries Such as Ultra-Fast Charging Capabilities
Market Leaders and their expansionary development strategies
In July 2023, East Penn Manufacturing Co. introduced a new line of NiCd batteries specifically designed for standby power in telecommunication equipment, offering long shelf life and reliable performance.
In, November 2023, Wanxiang Qianjin New Energy Technology Co., Ltd. launched a new series of NiCd batteries with improved cycle life and higher discharge rates, targeted at industrial applications like emergency lighting and backup power systems.
Key Target Audience
Nickel Cadmium Batteries Manufacturers, Nickel Cadmium Batteries Suppliers and Distributors, International Traders, Upstream and Downstream Buyers, Research and Developments Institutes, Automobile Industry Associations, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.