Trends and Innovations: Navigating the $1.6 Billion Nickel Cadmium Battery Market
The Nickel Cadmium Battery Market is anticipated to increase steadily, rising from a worth of USD 1.4 billion in 2022 to over USD 1.6 billion by 2027. This expansion represents a Compound Annual Growth Rate (CAGR) of 2.8% for the anticipated time frame.
Over time, nickel cadmium batteries, which were once widely used in portable gadgets, have mostly been used in industrial settings. Their nominal voltage is about 1.2 V, but when they are assembled into battery packs, greater voltage ranges, such 3.6 V and 4.8 V, are possible, meeting the needs of particular applications. They are adaptable, finding employment in a variety of industries, from consumer electronics to medical equipment, thanks to their small size and endurance. These batteries are renowned for their durability, longevity, and ability to withstand high mechanical, electrical, and thermal stresses. As a result, they are crucial to applications that are crucial to the railway, aerospace, and defence industries.
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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.
ALCAD A.B.
Nickel cadmium (Ni-Cd) battery supplier ALCAD A.B. is well-known for its focus on industrial standby and power backup applications. Their product line serves a variety of industries, including utilities, industrial, oil & gas, renewable energy, transportation infrastructure, and commercial structures. Along with providing a broad selection of batteries, ALCAD also provides a variety of post-purchase services, including battery sizing, installation, maintenance, and decommissioning. With 5 sales offices and a network of 70 agents and distributors covering 80 countries, the company has a strong presence that is highlighted by its dedication to cutting-edge technology and global outreach. This has helped to consolidate its reputation in the Ni-Cd battery market.
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EnerSys
EnerSys, a significant participant in the market, specialises at producing strong, trustworthy, and high-performing industrial batteries while specialising in the full life cycle of energy storage systems for industrial applications. Motive Power, Energy Systems, and Specialty are the three main reporting segments into which the company's operations are divided. In order to power electric industrial forklifts, which are essential for applications in manufacturing, warehousing, and material handling, as well as for mining machinery and rail machinery, Motive Power concentrates on offering a wide variety of batteries. Through well-known brands like PowerSafe and Hawker, EnerSys highlights its experience in nickel-cadmium (Ni-Cd) batteries and offers versatility for applications in trains, engine starting, utility services, Uninterruptible Power Supply (UPS), and several other crucial industries.
GS Yuasa Corporation
A well-known Japanese company called GS Yuasa Corporation specialises in the production and distribution of a wide range of goods, including switchgear, industrial batteries, power supply systems, automobile batteries, and various electrical equipment. This organisation was created in 2004 as a result of the amalgamation of Yuasa Corporation and GS (Japan Storage Battery). Automotive Batteries (Overseas), Automotive Batteries (Japan), Industrial Batteries and Power Supplies, Automotive Lithium-ion Batteries, and Specialised Batteries and Others make up the company's five main reportable segments. A wide variety of batteries, including lithium-ion, lead-acid, alkaline, and nickel-cadmium models, are available from GS Yuasa Corporation. Notably, their industrial batteries and power supplies division makes their nickel-cadmium (Ni-Cd) batteries available, demonstrating the breadth of their product line.
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HOPPECKE Batterien GmbH & Co. KG
In addition to producing lithium-ion, lead-acid, and nickel-cadmium batteries, HOPPECKE Batterien GmbH & Co. KG also produces battery components, technical services, energy systems, and industrial services. The company's battery products are suitable for a range of uses, including those in the rail, grid, solar, and trak industries. Their nickel-cadmium (Ni-Cd) battery range is renowned for being reliable, highly effective, and of the highest calibre. In energy storage systems, uninterrupted power supply (UPS) systems, and railway engine starters, these batteries play a crucial role thanks to their resistance to strong vibrations, sweltering temperatures, and demanding environmental conditions. Ni-Cd batteries are specifically made for stationary applications and require less upkeep, making them long-term cost-effective. With offices in 22 nations and a large customer base spanning 150 nations, HOPPECKE Batterien GmbH & Co. KG exhibits their enormous reach and impact in the battery business.
Saft Groupe SAS
A well-known international battery producer with its headquarters in France, Saft Groupe SAS, offers a wide variety of battery types, including nickel, primary lithium, rechargeable lithium, and silver. The company offers specialised solutions for a wide range of industries and is organised into five core business segments: Connected Energy, Mobility, Industrial Standby, Space and Defence, and Energy Storage Systems. Saft Groupe SAS made a substantial contribution to the worldwide market in 2021 as a wholly owned subsidiary of renowned energy company TotalEnergies SE (France), generating almost USD 877 million in revenue throughout its business sectors. Their wide range of products, particularly their nickel-cadmium (Ni-Cd) batteries, which are specifically designed for highly secure applications in the railway industry, transportation infrastructure, and utilities, is one of their greatest strengths, underscoring their dedication to dependability and safety.
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