European Nickel Cadmium Battery Market Size, Share, Emerging-Trends, Business-Strategy Till 2025

European nickel-cadmium battery market is estimated to witness a CAGR of around -1.6%, during the forecast period. The market of Ni-Cd battery is declining at a considerable pace in Europe due to the ban implemented by the EU on Ni-Cd batteries. The Batteries Directive 2006/66/EC (repealing Directive 91/157/EEC) came into force on 26 September 2006. The directive sets out rules applicable to all batteries and accumulators that have presence in the EU market. These rules include, among others, restriction on the use of cadmium in portable batteries and accumulators (PBA). Portable batteries and accumulators, including those incorporated into appliances, that contain more than 0.002% of cadmium by weight shall not be included in the market. However, the above requirement shall not apply to portable batteries and accumulators intended for use in emergency lighting, alarming systems, medical equipment, or cordless power tools. To enable the recycling industry and consumers to adapt to the substitute technologies, this ban was applied on December 2016.

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The companies which are contributing to the growth of the European nickel-cadmium battery market include ALCAD LTD., Saft Groupe S.A., ARTS Energy, VARTA Microbattery GmbH, and Interberg Batteries.

The main objective of the prohibition of cadmium in batteries and accumulators intended for use in cordless power tools (CPTs) is to avoid negative environmental impacts that are related to this use. The most crucial objective of prohibition is to assess the impacts on environment, which will be caused by technical substitutes, by a possibly increased use of NiMH and particularly Li-ion technologies. On the other hand, the ban has increased the recycling process of Ni-Cd batteries.

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The increasing significance of lithium ion batteries, especially in the growing automotive and energy storage sectors has further fulfilled the demand for Ni-Cd batteries, which in turn, has boosted the recycling process. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Market Segmentation

Nickel Cadmium Battery Market by Application

o Consumer Electronics
o Industrial
o Healthcare
o Automotive & Transportation
o Power and Utility

Nickel Cadmium Battery Market by Type

o D Battery
o C Battery
o A, AA & AAA Battery
o 9 Volt Battery
o Heavy Duty Battery

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