North American nickel cadmium battery market is expected to project a CAGR of around -0.5% during the forecast period. North America 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. Ni-Cd battery finds its application in medical devices such as pacemakers and defibrillators, which may contribute to the market growth owing to the rise in the prevalence of arrhythmia and other heart-related diseases. According to the American Heart Society, in 2017, cardiovascular disease was the cause of around 800,000 mortalities in the US. Moreover, heart diseases are the leading cause of mortality in the US, and about 370,000 Americans lose their lives every year. Increasing the prevalence of heart diseases creates a demand for pacemakers and defibrillators. Ni-Cd batteries are used in LIFEPAK 15 Monitor/Defibrillators and Automated External Defibrillators (AEDs) and hence may create the opportunity for market growth.

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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 a 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 North American nickel cadmium battery market include Duracell Inc., Power Sonic Corp., Cell-Con, Inc., HBL Batteries, and GLOBETEK INC. 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 North American 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. North American Nickel Cadmium Battery Market Research and Analysis by Application

2. North American Nickel Cadmium Battery Market Research and Analysis by Type

The Report Covers

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