Nickel Cadmium Battery Market Share, Trends, Growth, Top Manufacturers and Forecast to 2027
The Nickel Cadmium Battery Market Size is projected to grow from USD 1.4 Billion in 2022 to USD 1.6 Billion by 2027 at a CAGR of 2.8% during the forecast period. Nickel cadmium batteries were one of the first rechargeable batteries that were used in portable electronics a few decades back, but now they are primarily used in industrial applications. The nominal voltage of these batteries is about 1.2 V and to obtain higher voltage, they can be packed together as battery packs to get higher voltage ranges such as 3.6 V, 4.8 V, and others for desired applications. These batteries are small and compact, which allows them to be used in various applications ranging from consumer electronics to medical devices. Moreover, they are robust, have long battery life, and can sustain high mechanical and electrical abuse, along with extreme temperatures. Hence, they are often used in crucial applications of railways and aerospace & defense. ALCAD A.B. (Sweden), EnerSys (US), GS Yuasa...