With a CAGR of 2.8%, the nickel-cadmium battery market size is expected to gain USD 1.6 billion by 2027

With a CAGR of 2.8%, the nickel-cadmium battery market size is expected to gain USD 1.6 billion by 2027

Chicago, Nov. 28, 2022 (GLOBE NEWSWIRE) — Nickel Cadmium Battery Market by Type (C, D, A, AA, AAA, 9V), Battery Building Block (L-Range, M-Range, H-Range), End User (Aerospace & Defense, Automotive, Consumer Electronics, Healthcare, industry, marine) and region – Global forecasts to 2027, Nickel-cadmium battery is a type of rechargeable battery that uses nickel and cadmium as electrodes. The battery is abbreviated as Ni-Cd and is available in different sizes and shapes. The nickel-cadmium battery is used in a wide range of applications in various industries including aerospace and defense, automotive and transportation, consumer electronics, healthcare, industrial and marine.

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Report scope

Report metric Details
Nickel Cadmium Battery Market Research Report
  • CAGR 2.8%
  • $1.6 billion by 2027
  • $1.4 billion in 2022
base year 2021
Forecast period 2022–2027
Forecast unit Value (USD billion)
Segments Covered By Cell Type, By Type, By Battery Building Block, By End User
Geographical regions covered North America, Asia-Pacific, Europe and Right-of-Way
Companies covered
  • ALCAD AB (Sweden),
  • EnerSys (USA),
  • GS Yuasa Corporation (Japan),
  • HOPPECKE Batteries GmbH & Co. KG (Germany),
  • HBL Power Systems Limited (India), and
  • Saft Group SAS (France)

Browse the in-depth table of contents at “Nickel-cadmium battery industry

148– Tables
57 – Numbers
197 – Pages

ALCAD AB: ALCAD AB is a leading supplier of Nickel-Cadmium (Ni-Cd) batteries, especially for industrial standby and standby applications. It offers products for various markets and applications, including utilities, industrial, oil and gas, renewable energy, transportation infrastructure and commercial buildings. The company also offers a wide range of after-sales services, including battery sizing, installation, maintenance and dismantling. ALCAD has established its brand in the Ni-Cd battery market by providing advanced technology and global services with 5 sales offices and 70 agents/distributors in 80 countries.

EnerSys: EnerSys is one of the largest manufacturers of rugged, reliable and high performance industrial batteries and has expertise in the design, construction, installation and maintenance of inclusive energy storage solutions for industrial applications. The company operates through three reporting segments: Motive Power, Energy Systems and Specialty. The Motive Power segment provides a variety of batteries that power electric industrial forklifts used in manufacturing, warehousing and other material handling applications, as well as mining equipment, diesel locomotive starting and other railroad equipment . The company offers various Ni-Cd batteries under its PowerSafe and Hawker brands. These batteries are useful in railroads, engine starting, utilities, inverters and many other applications.

GS Yuasa Company: GS Yuasa Corporation is a Japanese manufacturer and seller of automotive batteries, industrial batteries, power supply systems, switchgear and other electrical equipment. Founded in 2004, the company is the result of a merger between GS (Japan Storage Battery) and Yuasa Corporation. It operates through five reportable segments: automotive batteries (overseas), automotive batteries (Japan), industrial batteries and power supplies, automotive lithium-ion batteries and specialty batteries and others. The company offers different types of batteries, including lithium-ion, lead-acid, alkaline, and nickel-cadmium. The Company offers Ni-Cd batteries through its Industrial Batteries and Power Supplies segment.

Batteries HOPPECKE GmbH & Co. KG: HOPPECKE Batterien GmbH & Co. KG is a manufacturer of different types of batteries, including lithium-ion, lead-acid and nickel-cadmium. The company also offers battery components, technical services, energy systems, industrial services and economizers. The company offers battery products for several applications, including trak, grid, solar and railway. The company offers a range of robust, high quality and highly efficient Ni-Cd batteries. These batteries are used in critical applications such as energy storage systems, uninterruptible power supplies (UPS) and starters for railway engines. These robust batteries withstand strong vibrations, high temperatures and extreme conditions. They are designed for stationary applications and require little maintenance, making them very cost effective in the long run. The company has offices in 22 countries and customers in 150 countries.

Saft Group SAS: Saft Groupe SAS is a global battery manufacturer based in France. The company offers different types of batteries, including nickel, primary lithium, rechargeable lithium and silver, in its five key business segments: Connected Energy, Mobility, Industrial Intelligence, Space and Defense, and Data Storage Systems. ‘energy. It is a 100% subsidiary of TotalEnergies SE (France), an energy company. In 2021, Saft Groupe SAS generated revenue of approximately $877 million across its five business segments mentioned above. The company has an extensive product portfolio of Ni-Cd batteries for highly critical and safe applications in utilities, transport infrastructure and railways.

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The L Range segment of the nickel-cadmium battery market is expected to grow at a reasonable CAGR during the forecast period.

L-series nickel-cadmium batteries are generally designed for applications where power is required for a longer period of time. The discharge time of these batteries is long, which makes it possible to obtain low currents and a reliable power supply over a longer period of time. Battery construction typically includes thick plates and is typically used in bulk storage applications. The capacity of L-series batteries differs from company to company and is usually between 8Ah and 1680Ah. L-series batteries are used in applications such as emergency lighting, railway signaling, DC instrumentation, photovoltaic systems, fire alarms, telecommunications, switchgear protection and cathodic protection. For example, Saft Groupe SAS offers a KPL range of batteries with long-lasting performance, which provide energy over a long discharge period.

Industrial end-user is expected to hold the largest market share during the forecast period

Nickel-cadmium batteries are widely used in industries such as oil and gas, renewable energy, power, mining, chemical, and manufacturing. Batteries used in these industries must be able to provide safe and continuous operation to support critical loads, start AC generators, control shutdown processes, and back up computer data in industries. Process industries need batteries that don’t compromise on delivering excellent performance in harsh environments and extreme temperatures. Batteries used in industries must be maintenance-free and must be able to offer a long life. Nickel-Cadmium batteries provide reliable backup power and are well suited to operate in complex situations due to which they are preferred in industrial applications.

Asia-Pacific Market Expected to Grow at Highest CAGR from 2022 to 2027

The nickel cadmium battery markets in Asia Pacific are expected to show high growth rates in the coming years. The region consists mainly of developing countries where the industrial sector is booming. Nickel-cadmium batteries are used in various industries such as oil and gas, renewable energy, power, mining, and manufacturing. Strong growth in the manufacturing and energy sectors is expected to boost the demand for Ni-Cd batteries in the region. China is a global manufacturing hub for batteries, consumer electronics, automobiles, electronic components and more. Growing industrial manufacturing business and growing demand for consumer electronics is creating an opportunity for players in the nickel cadmium battery market. Additionally, the country also has a strong medical device and pharmaceutical manufacturing industry, which creates a large potential market for nickel-cadmium batteries. Nickel Cadmium batteries are widely used in medical equipment as they provide better energy density than any other battery in the same field with long life. Additionally, the battery is rechargeable with fast charging, making it ideal for medical devices.

Related reports:

  1. The solid state battery market The report share is estimated at USD 314 million in 2022 and is expected to reach USD 58 million by 2028, at a CAGR of 32.5% from 2022 to 2028.
  2. The Global lithium ion battery market The size is estimated to reach USD 44.5 billion in 2022 and is expected to reach USD 135.1 billion by 2031, with a CAGR of 13.1%.
  3. The Global micro-battery market the size is expected to increase from USD 326 million in 2021 to USD 842 million by 2026 at a CAGR of 20.9%.


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