Batteries have become indispensable product in our lives. They are important as the power source for handheld devices, transportation power resource and electricity management. Therefore the battery market has become a billion-dollar industry. In addition, its potential to grow even further has attracted international enterprises to create related business. For those companies related to the battery business, although quality and cost competitiveness are the most important issues, the megatrends of the downstream demand still need to be noticed. Once if the potential battery technology candidates solve the performance weaknesses, such improvements may attract the end-product designers to consider adopting them.
I、Lead-acid Battery Had the Biggest Market Share, and Lithium-ion Grew Rapidly
II、Different Applications’ Development Affect Battery Shipments
Figure 1 Worldwide Batteries Market Size by Technologies & Future Forecast (Million US$)
Figure 2 Worldwide Lead-acid Battery Applications in 2014
Figure 3 2011-2018 Worldwide Lithium-ion Battery Applications & Forecasts