The Nickel Cadmium Battery Global Market Report 2023, provides comprehensive information on the nickel cadmium battery market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Nickel Cadmium Battery Global Market Report 2023, 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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Product innovation has emerged as a key trend gaining popularity in the nickel cadmium battery market. 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. It also has improved energy density, charges across a wide voltage window, assures excellent performance throughout a wide temperature range of -20 to +50 °C, and decreases the total cost of ownership (TCO). The technology behind the slim nickel cadmium battery’s small footprint and lightweight nature is Foam/Plate Bonded Electrode (PBE) technology, which enables the manufacturing of very thin electrode plates that are stacked closely together in a compact design to optimize the use of space.
The nickel cadmium battery market 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
Asia-Pacific was the largest region in the nickel cadmium battery market in 2022.
The table of contents in TBRC’s nickel cadmium battery market report includes:
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
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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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