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China’s Rechargeable Battery Market

China’s Rechargeable Battery Market

NEW YORK–(Business Wire)–Reportlinker.com announced that a new market research report is available in its catalogue.

http://www.reportlinker.com/p0109982/Analysis-of-China-Rechargeable-Battery-Market-2008-2009.html

By developing commercialized applications, the rechargeable battery industry has undergone two main development periods: lead-acid batteries and nickel-cadmium batteries; presently the development of rechargeable batteries mainly focuses on the nickel-metal hydride (Ni-MH) battery and lithium-ion battery. Moreover, fuel cells and solar cell will be the direction of future development of rechargeable battery.

China has 1500 Lead-acid battery manufacturers and in recent years, the average annual growth rate of output is 20%. China’s output of lead-acid batteries contributes 1/3 of the world’s total output.

The car starting battery is the major consumption of lead-acid batteries, accounting for about 37% of the total. Although the development of Ni-MH and lithium-ion batteries have been in a rapid period, but because of price and other reasons, they can not replace the Lead-acid battery’s position in the Automobile market for many years.

According to the data of China Industrial Association of Power Sources, the Ni-MH battery used in HEV has reached 118 million all over the world in 2008. With the development of new energy vehicles, the Ni-MH power battery will continue to maintain a certain growth in the auto battery market.

The Lithium-ion battery has a wide range of applications, such as mobile phones, laptops, power tools, digital cameras, audio devices and games. Mobile phones and laptops are the main markets for lithium-ion battery and will still dominate for a while; but, in the long term, after the promotion of new energy vehicles, the lithium-ion power battery will has a high-speed growth in the auto battery market, therefore, the pattern of the lithium-ion battery market may will be changed.

Since the lithium-ion battery’s industrialization, the world’s total output of lithium-ion batteries has been grown yearly, but its growth rate in the last three-year has been slow down. Affected by the global economy downturn, the growth rate of the global lithium-ion battery might be under 20% in 2008.

China’s output of lithium-ion batteries had been an outbreak period previously, now it is entering the stage of steady growth. China’s product of lithium-ion battery is mainly for cell phone. Affected by the financial crisis, it is estimated that the growth rate of the lithium-ion battery in China might drop to around 11% in 2008.

See the full report at http://www.reportlinker.com/p0109982/Analysis-of-China-Rechargeable-Battery-Market-2008-2009.html

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