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 Corporation (Japan), HOPPECKE Batterien GmbH & Co. KG (Germany), HBL Power Systems Limited (India), and Saft Groupe SAS (France) are among a few top players in the nickel cadmium battery market. These companies focus on strengthening their market position by improving their product offerings and partnering with industrial stakeholders to expand their geographic reach.
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ALCAD A.B.
ALCAD A.B. is a leading provider of nickel cadmium (Ni-Cd) batteries, especially for industrial standby and power backup applications. It offers products for various markets and applications, including utilities, industrial, oil & gas, renewable energy, transportation infrastructure, and commercial buildings. The company also provides a wide range of after-sales services, including battery sizing, installation, maintenance, and decommissioning. ALCAD has established its brand in the Ni-Cd battery market by providing cutting-edge technology and global services with 5 sales offices and 70 agents/distributors across 80 countries.
EnerSys
EnerSys is one of the largest manufacturers of robust, reliable, and high-performance industrial batteries and has expertise in designing, building, installing, and maintaining 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 rail equipment. The company offers various Ni-Cd batteries under its PowerSafe and Hawker brands. These batteries are useful in railway, engine starting, utility, UPS, and many other applications.
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GS Yuasa Corporation
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 was formed after 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 Specialized 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 under its Industrial Batteries and Power Supplies segment.
HOPPECKE Batterien GmbH & Co. KG
HOPPECKE Batterien GmbH & Co. KG is a manufacturer of various battery types, 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, sun, and railway. The company offers a robust, high-quality, and highly efficient Ni-Cd battery range. These batteries are used in critical applications such as energy storage systems, uninterrupted power supply (UPS) systems, and starters for railway engines. These robust batteries withstand strong vibrations, high temperatures, and extreme conditions. They are designed for stationary applications and require low maintenance, which makes them highly cost-effective in the long run. The company has offices in 22 countries and customers in 150 countries.
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Saft Groupe SAS
Saft Groupe SAS is a global battery manufacturing company based in France. The company offers different types of batteries, including nickel, primary lithium, rechargeable lithium, and silver, under its five key business segments: Connected Energy, Mobility, Industrial Standby, Space and Defense, and Energy Storage Systems. It is a wholly owned subsidiary of TotalEnergies SE (France), an energy company. In 2021, Saft Groupe SAS generated ~USD 877 million in revenue through its five business segments mentioned above. The company has a vast product portfolio of Ni-Cd batteries for highly critical and safe applications in utilities, transportation infrastructure, and railways.
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