Albany, NY (PRWEB) April 17, 2014
After five decades of construction and development, China’s lead-acid battery industry basically has formed the combination of large-scale and small enterprises and had manufacturing system with certain scales. With the sustainable rapid growth of China’s economy, basic industries such as automobile, motorcycle, moped scooter, communication, information and electric power witness very rapid development. And the high-speed growth of these industries brought lead-acid battery industry into the sustained and vigorous growth trend, so there was an increasingly demand for lead-acid batteries. In 2013, the market scale of China’s lead-acid batteries registered CNY 150.8 billion, up 24% year-on-year.
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On March 2013, the release of Suggestions for Promoting Standardized Development of Lead-acid Battery and Secondary Lead Industry represented that lead-acid battery and secondary lead industry serves as a key industry which the nation decides to weed out the backward production capacity. It decides to weed out backward production capacity that is unable to pass environmental protection examines and not confirms to entry conditions. By the end of 2013, there were 24 enterprises listed among the former two batches of lead-acid battery and secondary lead manufacturing enterprises that meet the requirements, which was published by Ministry of Environmental Protection.
Although lithium ion battery has become the hotspot in recent years, as an electrochemical power source with mature technology, lead-acid battery occupies a solid position in the overwhelming majority of traditional fields and parts of emerging application fields by virtue of high security and low price. In 2013 the yield of lead-acid batteries in China has generated 205 million Kilo Volt Ampere Hour (KVAH), an increase of 15.4% year-on-year; from 2007 to 2013, the industry compound growth rate reached 22%, apart from the output growth was declined on account of industry regulation in 2011.
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Along with the change of market demand, production mode and process are perfecting constantly and manufacturing level is also improving, so battery performance also has got improved and the application fields of lead-acid batteries are becoming increasingly extensive. Besides dynamic lead storage batteries, energy storage lead batteries have a wide development space, especially the development goals for wind energy and solar energy are made in the 12th Five-Year Plan, which substantially promote the development of energy storage lead-acid battery. In the next five years to come, the annual growth rate of lead-acid battery will be around 16%.
Global Lithium Ion Battery Market (Cathode, Anode, and Electrolytic solution) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019
Lithium-ion battery demand is expected to see a robust growth in the forecast period. This is due to its increasing demand across various application sectors such as automotive, wind, electronics, industrial and military. The market is currently driven by its usage in automotive sector in HEVs, trains and trams. Lithium-ion batteries can be differentiated primarily based on their functionality. The application of lithium-ion battery alongside other batteries is expected to increase, and lithium-ion batteries are expected to emerge as a replacement for lead acid batteries in the coming years.
This report has been segmented by material type, by application and by geography. It also includes the drivers, restraints and opportunities (DROs), Porter’s five forces analysis and value chain of the lithium-ion battery market. The study highlights current market trends and provides the forecast from 2013 to 2019.
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Global Large and Advanced Battery Technology Market 2012-2016
Global Large and Advanced Battery Technology market to grow at a CAGR of 6.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in technological advancements. The Global Large and Advance Battery Technology market has also been witnessing the increasing investment in Smart Grid construction. However, the high price for electric vehicle batteries could pose a challenge to the growth of this market.
Global Large and Advanced Battery Technology Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Large and Advance Battery Technology market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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