Nickel Cadmium Battery Market Report 2026

The nickel cadmium battery market size has grown steadily in recent years. It will grow from $1.44 billion in 2025 to $1.49 billion in 2026 at a compound annual growth rate (CAGR) of 3.4%. The growth in the historic period can be attributed to historical use in portable electronics, adoption in aerospace and defense power systems, reliance on stable discharge characteristics, use in industrial backup systems, deployment in transportation applications.

The nickel cadmium battery market size is expected to see steady growth in the next few years. It will grow to $1.72 billion in 2030 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to increasing demand for reliable backup power solutions, growth in electrified transport systems, rising adoption in industrial automation, development of eco-efficient battery recycling processes, expansion of smart battery monitoring technologies. Major trends in the forecast period include development of sustainable rechargeable battery technologies, advancement of electrified mobility power systems, expansion of automated battery production processes, integration of smart monitoring for nicd battery health, adoption of connected industrial and aerospace power storage solutions.

The growing aviation industry is expected to drive the growth of the nickel-cadmium battery market. The aviation industry encompasses all sectors of air travel as well as the activities that support it. It includes the entire airline sector, aircraft manufacturing, research organizations, military aviation, and more. Aviation-standard nickel-cadmium batteries are used for engine-starting applications in turbine-powered aircraft and aircraft equipped with turbine-type auxiliary power units. For example, in 2023, according to the International Civil Aviation Organization (ICAO), a Canada-based agency of the United Nations that regulates international civil aviation, the total number of passengers carried on scheduled services worldwide increased to 4.3 billion in 2023, representing a 32.4% rise compared to 2022. Additionally, scheduled-service revenue-passenger-kilometers (RPKs) increased by 62.3%, reaching 5.88 trillion in 2023. Therefore, the growing aviation industry is driving the nickel-cadmium battery market.

Major companies in the nickel-cadmium battery market are prioritizing strategic partnerships to develop long-lasting, eco-friendly, and high-performance battery solutions that improve energy storage efficiency and support sustainable power infrastructure. For example, in February 2025, Volks Energie, an India-based energy storage solutions provider, partnered with Power Grid Corp. of India Ltd. (PGCIL), an India-based company, to replace traditional lead-acid batteries with advanced nickel-cadmium (Ni-Cd) batteries for energy storage. This initiative supports India’s shift toward a more sustainable and reliable power network. Ni-Cd batteries offer a lifespan of more than 20 years - three times longer than lead-acid alternatives - while minimizing hazardous waste and maintaining strong performance in extreme environmental conditions. Volks Energie has started deploying these systems in Kargil, Dehradun, and Ambala, reinforcing its commitment to sustainability and operational excellence across India’s varied and demanding regions.

In April 2023, EnerSys, a US-based supplier of industrial batteries and energy storage solutions, acquired Industrial Battery and Service Inc. for an undisclosed sum. Through this acquisition, EnerSys aims to expand its service presence and distribution network for its extensive portfolio, including nickel-cadmium batteries, in the critical southeastern US market. Industrial Battery and Service Inc. is a US-based provider of critical power batteries, including nickel-cadmium batteries.

Major companies operating in the nickel cadmium battery market are Alcad AB Ltd, EnerSys Inc., GS Yuasa Corporation, HBL Power Systems Limited, Saft Groupe SAS, Cell-Con Inc., Interberg Batteries Ltd, HOPPECKE Batterien GmbH & Co KG, Panasonic Corporation, Cantec Systems Ltd, GP Batteries International Limited, Qualmega Inc., Arts Energy SAS, Power-Sonic Corporation, Toshiba Corporation, Montu Electronics LLP, ZEUS Battery Products, Gaz GmbH, JiangMen JJJ Battery Co Ltd, Statron AG.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the nickel-cadmium battery market by increasing costs for imported nickel, cadmium, separators, and electronic control components used in rechargeable battery production. Aerospace, automotive and transportation, industrial, and consumer electronics sectors in Europe, North America, and Asia-Pacific have experienced higher material costs and lengthened supply cycles. Despite this, tariffs are encouraging domestic material sourcing, stimulating investment in regional battery production, and driving innovation in cost-efficient NiCd manufacturing techniques to enhance long-term supply resilience.

The nickel-cadmium battery market research report is one of a series of new reports that provides nickel-cadmium battery market statistics, including nickel cadmium battery industry global market size, regional shares, competitors with a nickel cadmium battery market share, detailed nickel cadmium battery market segments, market trends and opportunities, and any further data you may need to thrive in the nickel cadmium battery industry. This nickel cadmium battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A nickel-cadmium battery (NiCd or NiCad) is a rechargeable battery commonly employed in portable computers, drills, camcorders, and other compact battery-operated devices that require a steady power discharge. Nickel-cadmium batteries exhibit a relatively constant terminal voltage throughout the discharge cycle, resulting in nearly imperceptible low charges.

The primary types of nickel-cadmium batteries include C batteries, D batteries, A batteries, AA batteries, AAA batteries, and 9 V batteries. C batteries are a type of dry cell battery engineered to function with minimal internal moisture, making them well-suited for portable equipment. They provide a consistent and enduring charge for devices with medium-to-high power consumption requirements. Notable block battery constructions within the nickel-cadmium category include the L-range, M-range, and H-range. These vented and sealed cells find applications in various industries such as aerospace and defense, automotive and transportation, consumer electronics, healthcare, industrial, marine, and others.Asia-Pacific was the largest region in the nickel-cadmium battery market share in 2025. The regions covered in the nickel cadmium battery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nickel cadmium battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The nickel-cadmium battery market consists of sales of nickel oxide hydroxide (NiOOH), metallic cadmium (Cd), and an alkaline electrolyte of potassium hydroxide (KOH)-based nickel-cadmium batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.