Global and China Li-ion Power Battery Industry Report, 2018-2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 14, 2018--The “Global and China Li-ion Power Battery Industry Report, 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the global demand for electric vehicle (EV) power battery reached 69.0GWh, being the one with most increments among consumer electronics, power, and energy storage. It is expected that the world’s demand for EV lithium battery will be at least 325GWh till 2022, a 4.7-fold of the 2017′s.
In 2017, China’s output of automotive lithium power battery stood at 44.5GWh, an upsurge of 44.5% from a year earlier, and the output figure will be up to 215GWh in 2022, a 4.8-fold of the 2017′s in the wake of national policy being enforced as well as the improvement of lithium battery production technologies, cost cuts, and the growing trend of new energy vehicle (NEV) and supporting facilities.
In the first half of 2018, China’s shipments of power battery rose 23.8% year on year and reported 22.86GWh. The installations of power battery to new cars amounted to 15.54GWh, soaring 168% on an annualized basis.
In the first half of 2018, the power battery industry characterizes a growing concentration degree, with the top ten producers holding a combined 87% share by installations, among which CATL and BYD seized more than 60% shares together.
Comparing enterprises’ performance in 2017 and 2018H1, the top two players’ rankings remained unchanged, but part of cylindrical power battery producers like OptimumNano have been out of the top ten since they encountered difficulties in capital and had to reduce production substantially.
With the higher national subsidies for power battery featuring high energy density, the class-A passenger cars tend to use the soft pack power battery and square power battery that boast higher energy density. Thanks to a significant rise in its demand from SAIC ROEWE and GAC, Wanxiang Group enters the top 10 list by installations in the first half of 2018.
Key Topics Covered:
1 Overview of Li-ion Power Battery
2 Market Environments for Li-ion Power Battery Industry
3 Li-ion Power Battery Industry Chain
4 Global New Energy Vehicle Market
5 Global Li-ion Power Battery Industry
6 Major Li-ion Power Battery Manufacturers in South Korea
7 Major Li-ion Power Battery Manufacturers in Japan
8 Major Power Battery Manufacturers in China
Companies MentionedAESC BYD CATL China Aviation Lithium Battery (CALB) Coslight Guoxuan High-tech LEJ LG Chem Microvast Power Systems OptimumNano Panasonic Pride Power SK Innovation (SKI) Samsung SDI Tianjin Lishen Wanxiang Group
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Related Topics:Battery Technology
KEYWORD: ASIA PACIFIC CHINA
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SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/14/2018 02:27 PM/DISC: 12/14/2018 02:26 PM