Press release
Nickel Cadmium Battery Market Size, Forecast, Top Players, Trends And Growth 2023-2032
Nickel Cadmium Battery Market
The Business Research Company's Nickel Cadmium Battery Global Market Report 2023 identifies growing aviation industry as the major driver for the Nickel Cadmium Battery market's growth in the forecast period. 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 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%.
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Major competitors in the Nickel Cadmium Battery market are Alcad AB, EnerSys, GS Yuasa Corporation, HBL Power Systems Limited, Saft Groupe SAS, Cell-Con Inc.
A key trend in the Nickel Cadmium Battery market includes product innovation. 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.
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The Nickel Cadmium Battery market is segmented -
• By Type: C Batteries, D Batteries, A Batteries, AA Batteries, AAA Batteries, 9 V Batteries
• By Block Battery Construction: L Range, M Range, H Range
• By Cell Type: Vented Cells, Sealed Cells
• By End-User: Aerospace and Defense, Automotive and Transportation, Consumer Electronics, Healthcare, Industrial, Marine, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Nickel Cadmium Battery market.
The Business Research Company's "Global Nickel Cadmium Battery Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nickel Cadmium Battery Market Include:
1. Executive Summary
2. Nickel Cadmium Battery Market Characteristics
3. Nickel Cadmium Battery Market Trends And Strategies
4. Nickel Cadmium Battery Market - Macro Economic Scenario
5. Nickel Cadmium Battery Market Size And Growth
……………………………………………………………….
26. Africa Nickel Cadmium Battery Market
27. Nickel Cadmium Battery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nickel Cadmium Battery Market
29. Nickel Cadmium Battery Market Future Outlook and Potential Analysis
30. Appendix
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