China nickel-cadmium battery market is estimated to witness a CAGR of around -0.3%, during the forecast period. Surging solar panel installation is expected to create ample opportunities for the market growth in the near future. Ni-Cd batteries are significantly used as an energy storage system for solar PV and wind turbines. According to the BP PLC, the country had total solar installed capacity of 131,000 MW in 2017. Furthermore, China also registered an overall growth of nearly 67% in 2017. Moreover, it registered a growth of 99% between 2006-2016. This signifies the growing implementation of solar energy in the country. This trend is expected to follow in the coming years. Owing to this, it is expected to create opportunities for the growth of the market in the near future.

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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. By type, the market is segmented into D Battery, C Battery, A, AA & AAA Battery, 9 Volt Battery, and Heavy-Duty Battery. The heavy-duty battery segment is expected to hold the significant share in the market. Power & utility, automotive & transportation, and industrial segment use heavy-duty batteries which is a major factor for the largest market share during the forecast period.

The companies which are contributing to the growth of the China nickel-cadmium battery market include ALCAD LTD., EverExceed, Panasonic Corp., SANYO Electric Co., Ltd., and Test Rite Battery. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the China nickel-cadmium battery market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. China Nickel-Cadmium Battery Market Research and Analysis by Application

2. China Nickel-Cadmium Battery Market Research and Analysis by Type

The Report Covers

• Comprehensive research methodology of the China nickel-cadmium battery market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China nickel-cadmium battery market.
• Insights about market determinants which are stimulating the China nickel-cadmium battery market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.