Global Nickel Cadmium Battery Market Segments 2024, Forecast To 2033
5 Mar, 2024
The nickel cadmium battery market has shown steady growth, increasing from $1.41 billion in 2023 to $1.45 billion in 2024, with a compound annual growth rate (CAGR) of 3.2%. This growth is attributed to global market expansion, reliability in medical equipment, installations in remote and off-grid locations, and early adoption in industrial applications. Looking ahead to 2028, the market is expected to reach $1.68 billion, maintaining a 3.7% CAGR. The forecasted growth is linked to resilience in harsh environments, applications in transportation and rail, global infrastructure development, telecommunications expansion, and industrial applications.
Global Nickel Cadmium Battery Market Key Driver
The nickel-cadmium battery market is expanding with the growing aviation industry. In 2022, the total number of air passengers increased by 47%, indicating the need for aviation-standard nickel-cadmium batteries, driving market growth.
Get A Free Sample Of The Global Nickel Cadmium Battery Market ReportGlobal Nickel Cadmium Battery Market Segments
The nickel cadmium battery market covered in this report 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
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacificwas the largest region in the nickel-cadmium battery market share in 2023. The regions covered in the nickel cadmium battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Nickel Cadmium Battery Industry Players
Alcad AB Ltd; EnerSys Inc.; GS Yuasa Corporation; HBL Power Systems Limited; Saft Groupe SAS; Cell-Con Inc.; Interberg Batteries Ltd; HOPPECKE Batterien GmbH & Co KG; Panasonic Corporation; Cantec Systems Ltd; GP Batteries International Limited; Qualmega Inc.; Arts Energy SAS; BYD Company Limited; Duracell Inc.; Energizer Holdings Inc.; Power-Sonic Corporation; Toshiba Corporation; Uniross Batteries Corp; Montu Electronics LLP; ZEUS Battery Products; Exide Industries Limited; AceOn Battery Solar Technology Ltd; Gaz GmbH; Honda Denki Kogyo Co Ltd; Germarel GmbH; JiangMen JJJ Battery Co Ltd; Statron AG; Henan Xintaihang Power Source Co Ltd; Tenergy Corporation
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AIOps Nickel Cadmium Battery Market Overview
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.
Nickel Cadmium Battery Global Market Report 2023 provides data on the global nickel cadmium battery market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The nickel cadmium battery market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.