China and Taiwan produce nearly 23% of lithium batteries worldwide, says Research and Markets
Press release, August 29; Eric Mah, DIGITIMES [Wednesday 29 August 2007]
Greater China is one of the largest manufacturing centers for lithium batteries, with China accounting for 16.9% and Taiwan for 5.6% of worldwide production, according to market research firm Research and Markets (RM).
Greater China makers produce primary (non-rechargeable) and secondary (rechargeable) lithium batteries, noted RM, adding that some of the lithium battery makers in the region produce lithium battery cells – the basic component of a battery or battery pack. These makers are large-scale companies that also supply battery cells to other lithium battery manufacturers, added the firm.
Production of rechargeable lithium batteries in China is expected to rise by 11% from 950 million units in 2006 to 1 billion units in 2007, according to the China Industrial Association of Power Sources (CIAPS). Most manufacturers plan to increase their production by up to 50% in the next two years and those already running at full capacity will further expand output.
The majority of makers were not affected by Sony's battery recall in early 2006, according to RM, adding that the incident has instead brought on more business, which is expected to climb steadily in the coming years.
More suppliers will gradually begin manufacturing Li-polymer batteries and as soon as Li-polymer prices drop to Li-ion levels, mass replacement can happen due mainly to advantages such as easier form factor customization and higher capacity and safety, noted the firm.
The automotive sector, in particular, will continue to attract more attention from lithium battery manufacturers. Hybrid electronic vehicles (HEVs) are most likely to emerge as the automotive industry's near-term response to demand for greater fuel efficiency and lower emissions. Small-sized lithium batteries used in most handheld consumer electronics are expected to remain mainstream in the next several years. The most popular variety is the 3V manganese battery in coin form factor, typically used in digital music players, digital cameras, mobile DVD players and PDAs, stated RM.
The growing popularity of lithium batteries is expected to bring down prices between 20% and 50% in the coming months, according to RM. This, however, will be offset by the battery recalls, which are expected to drain short-term supply, at least in the laptop segment, noted the firm.
Greater China is one of the largest manufacturing centers for lithium batteries, with China accounting for 16.9% and Taiwan for 5.6% of worldwide production, according to market research firm Research and Markets (RM).
Greater China makers produce primary (non-rechargeable) and secondary (rechargeable) lithium batteries, noted RM, adding that some of the lithium battery makers in the region produce lithium battery cells – the basic component of a battery or battery pack. These makers are large-scale companies that also supply battery cells to other lithium battery manufacturers, added the firm.
Production of rechargeable lithium batteries in China is expected to rise by 11% from 950 million units in 2006 to 1 billion units in 2007, according to the China Industrial Association of Power Sources (CIAPS). Most manufacturers plan to increase their production by up to 50% in the next two years and those already running at full capacity will further expand output.
The majority of makers were not affected by Sony's battery recall in early 2006, according to RM, adding that the incident has instead brought on more business, which is expected to climb steadily in the coming years.
More suppliers will gradually begin manufacturing Li-polymer batteries and as soon as Li-polymer prices drop to Li-ion levels, mass replacement can happen due mainly to advantages such as easier form factor customization and higher capacity and safety, noted the firm.
The automotive sector, in particular, will continue to attract more attention from lithium battery manufacturers. Hybrid electronic vehicles (HEVs) are most likely to emerge as the automotive industry's near-term response to demand for greater fuel efficiency and lower emissions. Small-sized lithium batteries used in most handheld consumer electronics are expected to remain mainstream in the next several years. The most popular variety is the 3V manganese battery in coin form factor, typically used in digital music players, digital cameras, mobile DVD players and PDAs, stated RM.
The growing popularity of lithium batteries is expected to bring down prices between 20% and 50% in the coming months, according to RM. This, however, will be offset by the battery recalls, which are expected to drain short-term supply, at least in the laptop segment, noted the firm.
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