Product Code: ETC267870 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Nickel Cadmium Battery Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 10.50% in 2028, following an initial rate of 8.49%, before easing to 9.69% at the end of the period.
By 2027, Vietnam's Nickel Cadmium Battery market is forecasted to achieve a high growth rate of 10.22%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Nickel cadmium (NiCd) batteries have been widely used in various applications, including emergency lighting and backup power systems. The Vietnam NiCd battery market serves sectors requiring reliable and long-lasting power sources. While newer battery technologies emerge, NiCd batteries remain relevant in specific niche applications.
The growth of the Vietnam nickel-cadmium (NiCd) battery market is driven by industrial applications, emergency power solutions, and the demand for reliable and long-lasting batteries. NiCd batteries are known for their durability and ability to provide consistent power output. The market benefits from applications in uninterruptible power supplies (UPS), backup power systems, and industrial equipment. Manufacturers offer NiCd batteries with various capacities and configurations to meet the diverse needs of customers, contributing to the market`s growth.
In the Vietnam nickel-cadmium battery market, challenges primarily revolve around environmental sustainability, energy storage applications, and recycling initiatives. Nickel-cadmium batteries are used in various applications, but environmental concerns about cadmium disposal and the need for sustainable energy storage solutions are critical considerations. Additionally, recycling initiatives for nickel-cadmium batteries are essential to minimize environmental impact. Manufacturers must focus on environmentally friendly battery technologies, support energy storage applications, and promote recycling efforts to address these challenges effectively.
The COVID-19 pandemic had a significant impact on the Vietnam nickel-cadmium battery market. Reduced industrial activities and supply chain disruptions influenced the demand for nickel-cadmium batteries. However, as industrial operations adapted to new norms and backup power solutions gained importance post-pandemic, the market began to recover.
In the Vietnam nickel-cadmium battery market, key players include manufacturers and suppliers of nickel-cadmium batteries used in various applications, including portable electronic devices and backup power systems. While domestic production of nickel-cadmium batteries may be limited, international battery manufacturers like Panasonic Corporation and Saft Groupe S.A. are prominent suppliers of nickel-cadmium batteries and may offer their products in the Vietnamese market, catering to diverse power storage needs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Nickel Cadmium Battery Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Nickel Cadmium Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Nickel Cadmium Battery Market - Industry Life Cycle |
3.4 Vietnam Nickel Cadmium Battery Market - Porter's Five Forces |
3.5 Vietnam Nickel Cadmium Battery Market Revenues & Volume Share, By Block Battery Construction, 2021 & 2031F |
3.6 Vietnam Nickel Cadmium Battery Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Vietnam Nickel Cadmium Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices powered by nickel-cadmium batteries |
4.2.2 Growth in the automotive industry leading to higher usage of nickel-cadmium batteries in vehicles |
4.2.3 Government initiatives promoting the use of renewable energy sources, driving the demand for energy storage solutions like nickel-cadmium batteries |
4.3 Market Restraints |
4.3.1 Environmental concerns regarding the toxicity of cadmium used in nickel-cadmium batteries |
4.3.2 Competition from alternative battery technologies such as lithium-ion batteries |
4.3.3 Fluctuating raw material prices impacting the production cost of nickel-cadmium batteries |
5 Vietnam Nickel Cadmium Battery Market Trends |
6 Vietnam Nickel Cadmium Battery Market, By Types |
6.1 Vietnam Nickel Cadmium Battery Market, By Block Battery Construction |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Block Battery Construction, 2021-2031F |
6.1.3 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By L Type, 2021-2031F |
6.1.4 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By M Type, 2021-2031F |
6.1.5 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By H Type, 2021-2031F |
6.1.6 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Others, 2021-2031F |
6.1.7 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By , 2021-2031F |
6.2 Vietnam Nickel Cadmium Battery Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Consumer Good, 2021-2031F |
6.2.3 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Industrial Equipment, 2021-2031F |
6.2.4 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Healthcare Equipment, 2021-2031F |
6.2.5 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Vietnam Nickel Cadmium Battery Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Nickel Cadmium Battery Market Import-Export Trade Statistics |
7.1 Vietnam Nickel Cadmium Battery Market Export to Major Countries |
7.2 Vietnam Nickel Cadmium Battery Market Imports from Major Countries |
8 Vietnam Nickel Cadmium Battery Market Key Performance Indicators |
8.1 Percentage increase in the adoption of nickel-cadmium batteries in key industries (e.g., electronics, automotive) |
8.2 Average lifespan of nickel-cadmium batteries in the market |
8.3 Number of new product innovations and technological advancements in nickel-cadmium battery manufacturing |
8.4 Percentage growth in the recycling rate of nickel-cadmium batteries in Vietnam |
9 Vietnam Nickel Cadmium Battery Market - Opportunity Assessment |
9.1 Vietnam Nickel Cadmium Battery Market Opportunity Assessment, By Block Battery Construction, 2021 & 2031F |
9.2 Vietnam Nickel Cadmium Battery Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Vietnam Nickel Cadmium Battery Market - Competitive Landscape |
10.1 Vietnam Nickel Cadmium Battery Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Nickel Cadmium Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |