Market Overview:
The global industrial nickel-based batteries market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for nickel-based batteries from telecom and data communication, UPS/backup, industrial equipment, and grid-level energy storage applications. In terms of type, the NiMH battery segment is expected to witness higher growth than the nickel cadmium battery segment during the forecast period. However, in terms of revenue share, the nickel cadmium battery segment is expected to dominate the global industrial nickel-based batteries market during 2018–2030.
Product Definition:
Industrial nickel-based batteries are a type of rechargeable battery that uses nickel-cadmium, nickel-metal-hydride or lithium ion chemistries. They are often used in electric vehicles, backup power systems and portable electronics. Industrial nickel-based batteries offer high energy density, long life and low maintenance requirements.
Nickel Cadmium Batteries:
Nickel cadmium batteries are a special type of rechargeable battery having the composition as per the Table I. The table also specifies the weight percent of each metal in the battery, which is used to derive specific properties for nickel-based batteries. For example, if 60% of nickel and 40% of cadmium is used in a battery, it would be called a NiCad (nickel-cadmium) battery.
NiMH Batteries:
Nickel Metal Hydride (NiMH) is a rechargeable battery technology that uses the combination of nickel and metal hydride. The NiMH battery has higher energy density as compared to conventional batteries having a capacity of 1.2V or 1.3V per cell, which results in increased power output for a longer duration of time with lesser charging cycles.
Application Insights:
The global industrial nickel-based batteries market has been segmented on the basis of application into telecom and data communication, uninterruptible power supply (UPS)/backup, industrial equipment and grid-level energy storage. The UPS/backup segment accounted for a major share in 2017 owing to increasing demand from various industries such as healthcare, financial services and public safety.
Increasing demand for enhanced performance backup power solutions that offer higher efficiency than conventional lead acid or NiCd batteries is expected to drive the product demand over the forecast period. In addition, growing emphasis on improving business continuity across various industries is anticipated to further drive product demand in this application segment over the coming years.
The grid-level energy storage application is projected to witness significant growth over the forecast period owing to rising investments by governments worldwide in renewable energy sources such as wind and solar with an objective of reducing greenhouse gas emissions significantly by 2050 compared with 2010 levels.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for energy storage batteries on account of increasing industrialization, especially in China and India. Growing penetration of renewable energy sources such as solar and wind power is also anticipated to drive the market growth over the coming years.
Europe accounted for a significant share owing to stringent regulations by various regulatory bodies, such as ETSI (Electronic Communications Systems Industries Committee), which mandate NiMH battery recycling at source or face heavy penalties. This factor is projected to further fuel market growth during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles: The industrial nickel-based batteries market is expected to benefit from the increasing demand for electric vehicles. This is because electric vehicles require a high capacity battery that can store more energy.
- Growing investments in renewable energy: Renewable energy sources such as solar and wind power are becoming increasingly popular, due to their environmental benefits. This is likely to lead to increased demand for industrial nickel-based batteries, as they are well suited for storing large amounts of renewable energy.
- Rising concerns about climate change: There is growing concern about the impact of climate change on the environment and human health. As a result, there is an increasing focus on developing clean and sustainable forms of energy storage such as industrial nickel-based batteries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Nickel-Based Batteries Market Research Report
By Type
Nickel Cadmium Batteries, NiMH Batteries
By Application
Telecom and Data Communication, Uninterruptible Power Supply (UPS)/Backup, Industrial Equipment, Grid-Level Energy Storage
By Companies
Saft Groupe, Panasonic(Sanyo), Energizer, EnerSys, BYD, STATRON, Duracel, GP, Saft Groupe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Nickel-Based Batteries Market Report Segments:
The global Industrial Nickel-Based Batteries market is segmented on the basis of:
Types
Nickel Cadmium Batteries, NiMH Batteries
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecom and Data Communication, Uninterruptible Power Supply (UPS)/Backup, Industrial Equipment, Grid-Level Energy Storage
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Saft Groupe
- Panasonic(Sanyo)
- Energizer
- EnerSys
- BYD
- STATRON
- Duracel
- GP
- Saft Groupe
Highlights of The Industrial Nickel-Based Batteries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nickel Cadmium Batteries
- NiMH Batteries
- By Application:
- Telecom and Data Communication
- Uninterruptible Power Supply (UPS)/Backup
- Industrial Equipment
- Grid-Level Energy Storage
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Nickel-Based Batteries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial nickel-based batteries are a type of rechargeable battery that is used in industrial and commercial applications. These batteries are made from a mix of nickel, carbon, and oxygen, and they use an electrochemical process to create electricity. They are often used in devices that need to be portable or have a long shelf life, such as medical equipment or vehicles.
Some of the major companies in the industrial nickel-based batteries market are Saft Groupe, Panasonic(Sanyo), Energizer, EnerSys, BYD, STATRON, Duracel, GP, Saft Groupe.
The industrial nickel-based batteries market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Nickel-Based Batteries Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Nickel-Based Batteries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Nickel-Based Batteries Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Nickel-Based Batteries Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Nickel-Based Batteries Market Size & Forecast, 2018-2028
4.5.1 Industrial Nickel-Based Batteries Market Size and Y-o-Y Growth
4.5.2 Industrial Nickel-Based Batteries Market Absolute $ Opportunity
Chapter 5 Global Industrial Nickel-Based Batteries Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Nickel-Based Batteries Market Size Forecast by Type
5.2.1 Nickel Cadmium Batteries
5.2.2 NiMH Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Nickel-Based Batteries Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Nickel-Based Batteries Market Size Forecast by Applications
6.2.1 Telecom and Data Communication
6.2.2 Uninterruptible Power Supply (UPS)/Backup
6.2.3 Industrial Equipment
6.2.4 Grid-Level Energy Storage
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Nickel-Based Batteries Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Nickel-Based Batteries Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Nickel-Based Batteries Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Nickel-Based Batteries Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Nickel-Based Batteries Market Size Forecast by Type
9.6.1 Nickel Cadmium Batteries
9.6.2 NiMH Batteries
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Nickel-Based Batteries Market Size Forecast by Applications
9.10.1 Telecom and Data Communication
9.10.2 Uninterruptible Power Supply (UPS)/Backup
9.10.3 Industrial Equipment
9.10.4 Grid-Level Energy Storage
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Nickel-Based Batteries Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Nickel-Based Batteries Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Nickel-Based Batteries Market Size Forecast by Type
10.6.1 Nickel Cadmium Batteries
10.6.2 NiMH Batteries
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Nickel-Based Batteries Market Size Forecast by Applications
10.10.1 Telecom and Data Communication
10.10.2 Uninterruptible Power Supply (UPS)/Backup
10.10.3 Industrial Equipment
10.10.4 Grid-Level Energy Storage
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Nickel-Based Batteries Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Nickel-Based Batteries Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Nickel-Based Batteries Market Size Forecast by Type
11.6.1 Nickel Cadmium Batteries
11.6.2 NiMH Batteries
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Nickel-Based Batteries Market Size Forecast by Applications
11.10.1 Telecom and Data Communication
11.10.2 Uninterruptible Power Supply (UPS)/Backup
11.10.3 Industrial Equipment
11.10.4 Grid-Level Energy Storage
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Nickel-Based Batteries Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Nickel-Based Batteries Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Nickel-Based Batteries Market Size Forecast by Type
12.6.1 Nickel Cadmium Batteries
12.6.2 NiMH Batteries
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Nickel-Based Batteries Market Size Forecast by Applications
12.10.1 Telecom and Data Communication
12.10.2 Uninterruptible Power Supply (UPS)/Backup
12.10.3 Industrial Equipment
12.10.4 Grid-Level Energy Storage
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Nickel-Based Batteries Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Nickel-Based Batteries Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Nickel-Based Batteries Market Size Forecast by Type
13.6.1 Nickel Cadmium Batteries
13.6.2 NiMH Batteries
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Nickel-Based Batteries Market Size Forecast by Applications
13.10.1 Telecom and Data Communication
13.10.2 Uninterruptible Power Supply (UPS)/Backup
13.10.3 Industrial Equipment
13.10.4 Grid-Level Energy Storage
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Nickel-Based Batteries Market: Competitive Dashboard
14.2 Global Industrial Nickel-Based Batteries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saft Groupe
14.3.2 Panasonic(Sanyo)
14.3.3 Energizer
14.3.4 EnerSys
14.3.5 BYD
14.3.6 STATRON
14.3.7 Duracel
14.3.8 GP
14.3.9 Saft Groupe
