A nickel cadmium battery (NiCd or NiCad) is a rechargeable battery used in portable computers, drills, camcorders, and other tiny battery-operated equipment that requires an even power discharge. Nickel-cadmium batteries have a relatively constant terminal voltage throughout discharge, resulting in practically undetectable low charges.
The main types of nickel cadmium batteries are C batteries, D batteries, A batteries, AA batteries, AAA batteries, and 9 v batteries. C batteries refer to a type of dry cell battery designed to run with little internal moisture, making them excellent for portable equipment, which is used to deliver a consistent and long-lasting charge to devices with medium-to-high power consumption requirements. Major block battery constructions are the L-range, M-range, and H-range, which are vented and sealed cells and used in aerospace and defense, automotive and transportation, consumer electronics, healthcare, industrial, marine, and other industries.
The nickel cadmium battery market research report is one of a series of new reports from The Business Research Company that provides nickel cadmium battery market statistics, including nickel cadmium battery industry global market size, regional shares, competitors with a nickel cadmium battery market share, detailed nickel cadmium battery market segments, market trends and opportunities, and any further data you may need to thrive in the nickel cadmium battery industry. This nickel cadmium battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The global nickel cadmium battery market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nickel cadmium battery market size is expected to grow to $1.58 billion in 2027 at a CAGR of 3.0%.
The growing aviation industry is expected to propel the growth of the nickel cadmium battery market. The aviation industry refers to all sectors of air travel as well as the activities that facilitate it; it includes the entire airline sector as well as the manufacture of aircraft, research organizations, military aviation, and more. The aviation standard nickel cadmium battery is used for engine-starting applications in turbine-powered aircraft and/or aircraft with turbine-type auxiliary power units. For instance, in July 2022, according to the data published by the Airport Council International (ACI), a Canada-based organization for airport authorities, in 2021, the world's airports hosted 4.6 billion passengers, up 28.3% from 2020, while aviation freight volumes grew 15.4% year on year, reaching a record 125 million metric tons. Therefore, the growing aviation industry will drive the nickel cadmium battery market.
Product innovation has emerged as a key trend gaining popularity in the nickel cadmium battery market. Major companies operating in the market are focusing on product innovations to gain a competitive edge in the market. For instance, in November 2020, Alcad AB, a Sweden-based manufacturer of nickel cadmium battery solutions for industrial power backup, launched the Slim range of nickel-cadmium (Ni-Cd) batteries to provide ideal weight and storage for operation backup applications. It has higher reliability, a longer life, and is 30% lighter than typical valve-regulated lead-acid (VRLA) batteries. It also has improved energy density, charges across a wide voltage window, assures excellent performance throughout a wide temperature range of -20 to +50 °C, and decreases the total cost of ownership (TCO). The technology behind the slim nickel cadmium battery's small footprint and lightweight nature is Foam/Plate Bonded Electrode (PBE) technology, which enables the manufacturing of very thin electrode plates that are stacked closely together in a compact design to optimize the use of space.
In April 2022, EnerSys, a US-based battery manufacturer, partnered with Orogenic Aps. Through this partnership, Orogenic ApS is expected to manage all motive power product sales and distribution in Denmark, Iceland, the Faroe Islands, and Greenland. Enersys is looking forward to this extended relationship with Orogenic ApS, as consumers may continue to enjoy high-quality products and service support. Orogenic ApS is a Denmark-based wholesaler of batteries, chargers, accessories, and UPS.
Major players in the nickel cadmium battery market are 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, Cantec Systems, GP Batteries International, Qualmega Inc., Arts Energy, BYD Co. Ltd., Duracell Inc., Energizer Holdings, Power-Sonic Corporation, Toshiba Corporation, Uniross Batteries Corp., AMCO Saft India Limited, Montu Electronics LLP, Zeus Battery Products, Exide Industries Limited, Aceon Group, Gaz GmbH, Honda Denki Co. Ltd., Germarel GmbH, JiangMen JJJ Battery Co. Ltd., Statron Ltd., Henan Xintaihang Power Source Co. Ltd., and Tenergy Corporation.
Asia-Pacific was the largest region in the nickel cadmium battery market in 2022. The regions covered in the global nickel cadmium battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the nickel cadmium battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The nickel cadmium battery market consists of sales of nickel oxide hydroxide (NiOOH), metallic cadmium (Cd), and an alkaline electrolyte of potassium hydroxide (KOH)-based nickel-cadmium batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The global nickel cadmium battery market is segmented -
1) By Type: C Batteries, D Batteries, A Batteries, AA Batteries, AAA Batteries, 9 V Batteries
2) By Block Battery Construction: L Range, M Range, H Range
3) By Cell Type: Vented Cells, Sealed Cells
4) By End-User: Aerospace and Defense, Automotive and Transportation, Consumer Electronics, Healthcare, Industrial, Marine, Other End-Users