Nickel-cadmium Battery Market: Overview
Nickel-cadmium battery is a rechargeable battery used in portable electronic devices such as computers, drills, camcorders, and other small battery-operated devices working on linear power discharge. Electrode is made of nickel oxide hydroxide, metallic cadmium, and an alkaline electrolyte of potassium hydroxide. Two or more batteries combined together form a battery pack. Nickel-cadmium battery retransforms electric energy into chemical energy while charging. It transforms chemical energy into electric energy during discharge.
The nickel-cadmium battery is more efficient than the lead acid battery. It has low internal resistance and can tolerate long discharge cycle. It can also get charged rapidly (usually from 20 minutes to 2 hours). However, the optimal charging time is about five hours. These batteries also last long and have low maintenance cost. Nickel-cadmium batteries are losing their popularity because of other efficient batteries and negative environmental impact of the cadmium byproduct from used cells and batteries. The use of nickel-cadmium batteries is restricted, except for some specific purposes, in some regions. Cadmium is a toxic metal. It cannot be disposed of in landfills. This leads to severe environmental pollution.
Nickel-cadmium Battery Market: Key Segments
The nickel-cadmium battery market can be segmented based on battery size and end-use applications. The minimum voltage ranges from 1.2V to 12V. Based on battery size, the nickel-cadmium battery market can be segregated into A-battery, AA-battery, AAA-battery, D-battery, C-battery, and others. In terms of end-use application, the nickel-cadmium battery market can be divided into motorized equipment such as vehicle remotes, control modules, medical instrumentation, emergency lighting, consumer electronics, and others. A size batteries are popular in older laptops and hobby battery packs. AA size batteries are used in small electronics, including electric shaver, U.S. military miles gear, while DAGR and AAA are used in many household electronic devices. Nickel-cadmium batteries are also available in very small sizes known as button cells. They are coin shaped and the polarity is usually stamped on metal casing. Button cells are used to power small portable electronics devices such as wrist watches, pocket calculators, artificial cardiac pacemakers, implantable cardiac defibrillators, automobile keyless entry transmitters, and hearing aids. The usage of batteries is also increasing, led by the significant growth in the consumer electronics market.
Nickel-cadmium Battery Market: Regional Outlook
Based on region, the global nickel-cadmium battery market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is projected to lead the global nickel-cadmium battery market during the forecast period. China and India account for key share of the nickel-cadmium battery market in the region. Due to pollution and environmental constraints the nickel-cadmium battery market in North America and Europe is growing at a sluggish pace. Middle East & Africa holds moderate share of the nickel-cadmium battery market.
Nickel-cadmium Battery Market: Key Players
Major players operating in the global nickel-cadmium battery market include Sanyo Corporation, Energizer, Gold Peak Batteries International Limited, Toshiba Batteries, BYD Company Ltd., Alcad, Interberg Batteries Ltd, and Varta Batteries. Most of these players have presence in the Li-Ion and Li-Ion polymer segments. Small and medium-sized regional players, especially in China and Taiwan, offer competitively priced products.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.