European nickel-cadmium battery market is estimated to witness a CAGR of around -1.6%, during the forecast period. The market of Ni-Cd battery is declining at a considerable pace in Europe due to the ban implemented by the EU on Ni-Cd batteries. The Batteries Directive 2006/66/EC (repealing Directive 91/157/EEC) came into force on 26 September 2006. The directive sets out rules applicable to all batteries and accumulators that have presence in the EU market. These rules include, among others, restriction on the use of cadmium in portable batteries and accumulators (PBA). Portable batteries and accumulators, including those incorporated into appliances, that contain more than 0.002% of cadmium by weight shall not be included in the market. However, the above requirement shall not apply to portable batteries and accumulators intended for use in emergency lighting, alarming systems, medical equipment, or cordless power tools. To enable the recycling industry and consumers to adapt to the substitute technologies, this ban was applied on December 2016.

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The main objective of the prohibition of cadmium in batteries and accumulators intended for use in cordless power tools (CPTs) is to avoid negative environmental impacts that are related to this use. The most crucial objective of prohibition is to assess the impacts on environment, which will be caused by technical substitutes, by a possibly increased use of NiMH and particularly Li-ion technologies. On the other hand, the ban has increased the recycling process of Ni-Cd batteries. The increasing significance of lithium ion batteries, especially in the growing automotive and energy storage sectors has further fulfilled the demand for Ni-Cd batteries, which in turn, has boosted the recycling process.

The companies which are contributing to the growth of the European nickel-cadmium battery market include ALCAD LTD., Saft Groupe S.A., ARTS Energy, VARTA Microbattery GmbH, and Interberg Batteries. 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 European 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. European Nickel-Cadmium Battery Market Research and Analysis by Application

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

The Report Covers

• Comprehensive research methodology of the European 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 European nickel-cadmium battery market.
• Insights about market determinants which are stimulating the European nickel-cadmium battery market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.