Demand of Batteries in China rise 8.5% yearly through 2013

Category: Investment

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June 24, 2010 (Investorideas.com Newswire) Batteries in China to 2013 report (http://www.bharatbook.com/detail.asp?id=98996&rt=Batteries-in-China-to-2013.html) which gives demand for batteries in China is projected to increase 8.5 percent annually to 282 billion yuan in 2013. Growth will be driven by increasing output of battery powered products. An ongoing shift in the product mix and a focus in the Chinese manufacturing sector on valueadded goods for export will also drive sales of more costly batteries. The export of battery containing products -- in particular cellular phones, laptop computers and other portable devices -- will further spur battery demand in China.

Secondary batteries to be fastest growing type Sales of secondary batteries are projected to climb 8.9 percent per annum through 2013. Rechargeable lithium batteries will strengthen their position as the largest secondary battery product segment. Demand for these batteries will be chiefly influenced by their high performance attributes -- such as a higher power density ratio and longer product lifespan than traditional lead acid and nickel-cadmium batteries -- as well as by continuing technical innovation, decreasing prices and increasing exports of products requiring secondary batteries. The portable devices battery market will increase 7.4 percent annually through 2013, remaining the largest of the secondary battery markets. Gains will be supported by rising consumer electronics production and increasing exports. Demand for transportation equipment-related batteries will register the fastest growth -- growing 12.8 percent per annum through 2013 -- benefiting from expanding vehicle production and park. Electric bikes have driven gains in vehicle battery demand in China and are now the largest transportation-related application. In addition, increasing private motor vehicle ownership will drive strong gains in SLI batteries.

Alkaline batteries to pace primary battery segment Sales of primary batteries will advance 4.9 percent per year. Among primary batteries, alkaline types will see demand advance at the fastest pace, overtaking zinc-based batteries by 2013. Alkaline batteries are favored for their greater power and longer lifespan than zinccarbon/chloride batteries. Zinc-carbon/chloride batteries will see significantly decelerating growth through 2013, an outcome of their lower energy density ratio and a shrinking price gap with alkaline batteries. Consumer applications will comprise more than 60 percent of primary battery sales in China in 2013. Demand for primary batteries in the consumer segment will be fueled by increasing production of and domestic demand for home entertainment and portable devices and the introduction of new primary battery-powered portable devices.

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Related Reports

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http://www.bharatbook.com/detail.asp?id=133849&rt=China-battery-manufacturing-industry-2010.html

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http://www.bharatbook.com/detail.asp?id=127279&rt=Battery-Fuel-Cell-Materials.html

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