The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

During the forecast period, the rising aviation industry is likely to drive innovation in nickel cadmium battery manufacturing, hence propelling the market.

The global nickel cadmium battery market is expected to grow from $1.36 billion in 2022 to $1.40 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The global nickel cadmium battery market size is expected to grow to $1.58 billion in 2027 at a CAGR of 3.0%.

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Global Nickel Cadmium Battery Market Segments Include:

• By Type: C Batteries, D Batteries, A Batteries, AA Batteries, AAA Batteries, 9 V Batteries
• By Block Battery Construction: L Range, M Range, H Range
• By Cell Type: Vented Cells, Sealed Cells
• By End-User: Aerospace and Defense, Automotive and Transportation, Consumer Electronics, Healthcare, Industrial, Marine, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global nickel cadmium battery market in 2021.

Major Market Players in the nickel cadmium battery market include Alcad AB, EnerSys, GS Yuasa Corporation, HBL Power Systems Limited, Saft Groupe SAS, Cell-Con Inc., Interberg Batteries Ltd., HOPPECKE Batterien GmbH & Co KG, Panasonic Holdings Corporation.

Product innovation has emerged as a major trend in the nickel cadmium battery market. To acquire a competitive advantage in the market, major market players are focused on product developments. For example, Alcad AB, a Swedish developer of nickel cadmium battery solutions for industrial power backup, will offer the Slim series of nickel-cadmium (Ni-Cd) batteries in November 2020 to provide appropriate weight and storage for operation backup applications. It is more reliable, has a longer lifespan, and is 30% lighter than standard valve-regulated lead-acid (VRLA) batteries. It also has increased energy density, charges across a wide voltage window, guarantees outstanding performance across a wide temperature range of -20 to +50 °C, and lowers total cost of ownership (TCO). Foam/Plate Bonded Electrode (PBE) technology, which permits the fabrication of very thin electrode plates that are packed closely together in a compact design to optimise space consumption, is the technology underlying the tiny nickel cadmium battery’s small footprint and lightweight characteristics.

The Nickel Cadmium Battery Global Market Report 2023 provides a nickel cadmium battery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The nickel cadmium battery market forecast analyzes nickel cadmium battery market size, nickel cadmium battery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A nickel cadmium battery (NiCd or NiCad) is a rechargeable battery that is used in portable computers, drills, camcorders, and other small battery-powered devices that require even power discharge. Because nickel-cadmium batteries have a very steady terminal voltage throughout discharge, low charges are essentially imperceptible.

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