UK nickel-cadmium battery market is estimated to witness a CAGR of around -1.6%, during the forecast period. UK is experiencing a decline in growth rate in the Ni-Cd market due to the regulations imposed by the EU in 2016. Based on the regulations imposed by the EU, UK is only using Ni-Cd batteries for alarming systems, emergency lighting, medical equipment, and cordless power tools. Such limited applications of Ni-Cd batteries in UK, is hampering the growth rate of the market in the country. UK is following the restrictions posed by the EU in the market, including that the battery must contain the prescribed levels of cadmium, mercury and lead and should display a crossed out wheeled bin diagram with a relevant chemical symbol.

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These regulations have increased the battery recycling process in Europe. The collection rate increased from 10% in 2010 – the first ‘compliance period’ for battery collection organizations – to 36% in 2014. However, the collection rates may be disputed as the weight of lead ‘portable’ batteries collected has been multiple (up to five times) of lead portable batteries. The collection rate of all other chemistries has increased from 5% in 2013 to 11% in the first half of 2015. Assuming a plausible scenario in which all lead batteries POM is collected (return rate 100%), the 2014 collection rate would be 15%.

The substitute of Ni-Cd battery has been evolved in the country, including nickel metal hydride battery and lithium-ion batteries. A trend affecting this market is improvements in nickel-based materials used in automotive Ni-MH batteries. The improvements in these materials reduce the cost of hybrid vehicles. New hydride alloys discovered in the 1980s, eventually improved the stability issues, and today NiMH provides 40% higher specific energy than the standard Ni-Cd.

The companies which are contributing to the growth of the UK nickel-cadmium battery market include ALCAD LTD., Accutronics Ltd., Saft Groupe S.A., VARTA Microbattery GmbH, and Allbatteries UK Ltd. 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 UK 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. UK Nickel-Cadmium Battery Market Research and Analysis by Application

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

The Report Covers

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