Ni-Cd Battery Market Trends, Sales, Supply, Demand, Analysis & Forecast to 2025Posted by Lisa Davis on January 22nd, 2020 The global nickel-cadmium battery market is declining at a CAGR of 0.7% during the forecast period (2018-2023). Ni-Cd batteries use nickel oxide hydroxide and metallic cadmium as electrodes. They are available as a rechargeable battery and works in high-drain devices and lasts longer. The Ni-Cd battery finds a significant application in portable devices such as motorized equipment, power tools, medical instrumentation, and others. These batteries are available in various sizes from AAA through D as well as heavy-duty batteries. Get Sample Copy of Ni-Cd Battery Market at: https://www.omrglobal.com/request-sample/nickel-cadmium-battery-market Some of the major players contributing to the nickel-cadmium market include Alcad Ltd., Bosch Production Tools, Panasonic Corp., Duracell Inc., Saft Groupe SA, are contributing significantly into the market. However, cohesive government policies regarding cadmium have forced the manufacturer to use alternatives such as nickel-metal hydride (NiMH) and other batteries. It is due to the disposition challenges related to cadmium, as it is a heavy metal. For instance, eight states of the US have banned the disposal of nickel-cadmium and small sealed lead-acid batteries. Countries of the European Union have also banned the Ni-Cd batteries due to which a very high decline will be registered in the region during the forecast period. As per EU regulations, portable batteries and accumulators which contain more than 0.002% of cadmium by weight shall not be placed in the market. For More Information get A full report of Ni-Cd Battery is available at: https://www.omrglobal.com/industry-reports/nickel-cadmium-battery-market 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. 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 the largest share during the forecast period. 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. Mergers & acquisitions, geographical expansion, partnership & collaborations, product launches and joint ventures are some crucial strategies used by the companies to expand their market share and gain a competitive advantage over their competitors. Global Ni-Cd Battery Market Segmentation By Application
By Type
Global Ni-Cd Battery Market Regional Overview North America
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