Nickel Cadmium Battery Market: Growth, Size, Share and Forecast 2019-2025Posted by Orion Market Research 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. To know more information, please request a free report sample https://www.omrglobal.com/request-sample/nickel-cadmium-battery-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. A full report of Nickel Cadmium Battery Market 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. 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. 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 – Segment by Region North America
Europe
Asia-Pacific
Rest of the World
Company Profiles
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