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The advanced battery market pcb board is in the midst of a massive expansion, due to growth in the core consumer electronics segment, as well as the emergence of new markets for batteries in electric vehicles (EVs) and stationary energy storage systems. In particular, global manufacturing capacity for lithium ion (Li-ion) batteries has pcb board grown rapidly in recent years, as several governments have subsidized factories in Asia and North America to boost supplies for EVs pcb board. Click to tweet: According to a new tracker report from Navigant Research, worldwide sales of advanced batteries totaled $10.8 billion in 2012, a significant increase over 2011.
While traditional lead-acid batteries still reign in the automotive starter and uninterruptible power supply markets, each of the major new markets for batteries C automotive traction, stationary energy storage, consumer electronics, cordless power tools, medical systems, and defense systems C favors advanced batteries, which offer superior performance in the areas pcb board of cycle life and energy density, says Sam Jaffe, senior research analyst with Navigant Research pcb board. The consumer electronics sector accounts for more than three-quarters of the market for advanced batteries, but Li-ion batteries for EVs are expected to grow pcb board strongly in coming years.
The market for advanced battery manufacturing is highly diverse, with more than a dozen significant manufacturers, none of which holds pcb board more than a 13 percent market share, according to the report. The top two suppliers, Samsung SDI and LG Chem, are based in South Korea. Only one of the top manufacturers is headquartered in North America, and one in Europe.
Advanced Battery Tracker 4Q13, identifies developments and trends pcb board in the advanced battery market by tracking the shipments of batteries around the world for 2012. The Tracker focuses on new market activity and market share analysis for all major application segments that utilize advanced batteries, including automotive, consumer electronics, pcb board defense, medical, power tools, and stationary storage. Comprehensive documentation pcb board is provided for storage capacity (MWh), power capacity (MW), cells shipped, and revenue for advanced batteries across all global pcb board regions and across all technologies.
