US nickel cadmium battery market is expected to project a CAGR of around -0.5% during the forecast period. The US is estimated to show a decline in the nickel cadmium market during the forecast period, owing to the ban on the use of nickel cadmium batteries and the availability of alternative solutions. However, the use of a nickel cadmium battery can be seen in a few applications, namely, healthcare and power & utility. The US is one of the key countries in which the emphasis is on the uses of renewable energy.
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Owing to which the opportunities for energy creation from solar sources are expected to increase in the near future. Furthermore, the US has the largest utility-scale installations which are located in the Southwest desert. The US is expected to contribute significantly due to the rise in the adoption of solar panel technology so as to reduce electricity costs in hospitals, industries, and malls. There are numerous projects which are being undertaken so as to promote the use of solar panels in the country.
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The market is segmented on the basis of application and type. By application, the market is further segmented into consumer electronics, industrial, healthcare, automotive & transportation, power & utility. Among these, the healthcare segment is expected to show a modest growth rate in the market during the forecast period. Some medical devices including pacemakers still use Ni-Cd batteries which are providing a positive growth rate to the market. Additionally, there are chances that the healthcare segment will be the last segment which will face prohibition on the use of Ni-Cd batteries.
Global US Nickel Cadmium Battery Market – Company Profiles
- Battery Specialties Inc.
- Battery Wholesale Inc.
- Cell-Con, Inc.
- Duracell Inc.
- ENERSYS
- S. Battery USA
- GLOBETEK INC.
- HBL Batteries
- M&B’S BATTERY
- Power Sonic Corp.
Global US Nickel Cadmium Battery Market- Segmentation
By Application
- Consumer Electronics
- Industrial
- Healthcare
- Automotive & Transportation
- Power and Utility
By Type
- D Battery
- C Battery
- A, AA & AAA Battery
- 9 Volt Battery
- Heavy Duty Battery
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