Title: Large and Advanced Battery Technology & Markets
1Large and Advanced Battery Technology Markets
2Summary
- REPORT HIGHLIGHTSThis report provides
- An overview of the market for large and advanced
battery technology, with discussion of
first-generation, next-generation, specialty, and
developmental systems. - Analyses of market trends, with data from 2001
through 2012, and projections of compound annual
growth rates (CAGRs) through 2017. - Definitions of the various systems, such as
first-generation (lead-acid, nickel-cadmium),
next-generation (nickel-metal hydride,
lithium-ion, lithium-polymer), specialty
(silver-zinc secondary, silver-cadmium,
nickel-hydrogen, nickel-zinc, metal-air), and
developmental (sodium-sulfur, high-temperature
lithium, redox and flow, nickel-iron,
calcium-metal sulfide, sodium-metal chloride,
lithium-sulfur). - Identification of established markets, such as
motive power, portable product power, stationary
power and hybrid electric vehicles.
3Continue
- STUDY GOALS AND OBJECTIVESUntil the 1980s, the
global battery market was considered mature, with
demand closely related to sales of either
automobiles or various portable consumer
products. Since then, advanced batteries have
helped spark a dramatic change in this
relationship.Large-and-advanced battery is an
arbitrary designation developed by BCC Research
to describe a market-driven battery
classification. As defined in this report,
large-and-advanced batteries must have three
attributes They must be secondary (rechargeable)
electrochemical energy storage devices
(batteries), large in terms of size and energy
capacity and technologically advanced.
4Continue
- This definition excludes all primary
(non-rechargeable) batteries and all lead-acid
automotive batteries, as well as all A, C and D
cylindrical batteries and button cells. Most
non-automotive lead-acid batteries are included.
Many portable product batteries are included,
including computer, smartphone, tablet and
portable tools.Several entirely new classes of
advanced batteries have been commercialized
during the last 25 years, including lithium-ion,
nickel metal hydride and zinc-air designs.
Meanwhile, improved microelectronic battery
charger controller technology has allowed
smaller, higher energy density cells. This has
often been at the expense of previously important
battery systems (notably nickel-cadmium and
portable product lead-acid). This, in turn, has
allowed the commercialization of portable
products that would have been impossible without
these improvements, including laptop and tablet
computers, smartphones and cordless hand tools.
5Continue
- As this synergy continues to develop, there
are areas where the advanced battery industry
could experience the explosive growth usually
associated with emerging industries. Examples
include hybrid electric vehicles (possibly
including plug-in versions), as well as
utility-load leveling systems and wind-power
energy storage. Battery designers (mainly
electrochemists) and battery charger designers
(mainly electrical and electronics specialists)
will continue to operate together, with better
batteries and better battery chargers evolving
together to produce even higher performance
large-and-advanced batteries.
6Continue
- REASONS FOR DOING THE STUDYLarge-and-advanced
battery technical advances, and a realignment of
the battery industry players, must be matched by
new marketing strategies. Battery designers and
users now must cooperate to meet more demanding
design requirements. At the same time, there must
be an understanding of the competitive forces
that help shape the market, along with up-to-date
knowledge of competitor activities.Improved
batteries provide power to an ever-growing suite
of portable products, including items that were
previously powered by primary cells or
first-generation rechargeables (flashlights,
radios, etc.). There are also products that would
not really be practical or convenient without
state-of-the-art batteries (cellular phones,
smartphones, laptops and tablets). There remains
the potential for new giant battery markets
hybrid and plug-in vehicles are one example, as
are new military battery applications. Extremely
large batteries are also being evaluated for
utility load leveling, wind farm power storage
and remote power generation.
7Continue
- Just as lithium batteries replaced
nickel-based and primary batteries for many
applications, current lithium-ion battery designs
are beginning to be replaced by advanced
lithium-ion chemistries like lithium phosphate,
lithium iron phosphate and lithium-polymer
systems. Nickel metal hydride batteries have been
used in consumer electronics for decades and in
electric vehicles and especially hybrid vehicles
for years, and are now being improved for large
stationary applications. Giant sodium-sulfur
batteries are being deployed by electric
utilities. Even the venerable lead-acid battery
is being improved using new materials.Meanwhile,
several important trends need to be tracked and
analyzed.
8Continue
- First, several of lithium batteries largest
and highest growth markets are in transition. For
instance, an entirely new portable productthe
tabletis replacing portable computers.
Stand-alone cellphones are being replaced by
multi-functional smartphones. At the same time,
battery-powered plug-in vehicles have been
commercialized and are competing with both
conventional internal combustion-powered vehicles
and increasingly popular internal/combustion/batte
ry hybrid electric vehicles (HEVs). After
billions of dollars were earmarked for U.S.
battery development, several high-profile battery
and EV companies either failed outright or failed
to achieve goals.
9Continue
- Some traditional markets have declined due
to global recessionary forces, including
unemployment, difficulty obtaining consumer
credit and lower commercial demand. At the same
time, U.S. gasoline prices peaked and fell from a
high of more than 4 per gallon and then back to
somewhat above 2 per gallon. In the Peoples
Republic of China, the worlds largest fleet of
EVs are lead-acid battery-powered scooters. The
ultimate market for these EVs depends on two
possible scenarios On one hand, Chinese
legislation may reduce market growth or even
outlaw the scooters in some significant markets.
On the other hand, they could spread, starting
with other continental Asian markets.
10Continue
- CONTRIBUTION OF THE STUDY AND INTENDED
AUDIENCEThis report is intended to provide a
unique analysis of the global large-and-advanced
battery market, and will be of interest to
manufacturers of batteries, battery chargers and
battery-powered products, including stationary
and portable products, and battery-powered
vehicles. It also will be valuable to those
involved in large-and-advanced battery
development and marketing, as well as those
offering competing non-rechargeable power
sources. Existing or potential battery consumers,
as well as the military and the medical
profession, can determine existing or potential
battery markets. End users (OEMs or consumers)
will learn what designs battery systems will and
will not allow.This report also can provide
valuable information in terms of assessing
investment in particular technologies and,
therefore, should benefit investors directly or
indirectly. Battery suppliers also may find
market trends of interest in view of establishing
growth strategies. BCC Research wishes to thank
those companies, government agencies and
university researchers who contributed
information for this report.
11Continue
- SCOPE AND FORMATThis report begins with a
discussion of general battery technology. The
following kinds of large-and-advanced batteries
are discussedFirst-generation
large-and-advanced battery systems.Lead-acid
batteries.Nickel-cadmium batteries.Next-generati
on large-and-advanced battery systems.Nickel
metal hydride batteries.Lithium-ion
batteries.Lithium-polymer batteries.Specialty
large-and-advanced battery systems.
12Continue
- Silver-zinc secondary batteries.Silver-cadm
ium secondary batteries.Nickel-hydrogen
secondary batteries. - Nickel-zinc batteries.Metal-air
batteries.Developmental large-and-advanced
battery systems.Sodium-sulfur batteries.High-tem
perature lithium batteries.Redox and flow
batteries.Nickel-iron batteries.Calcium-metal
sulfide batteries.Sodium-metal chloride
batteries.Lithium-sulfur batteries.
13Continue
- Next, the following established markets are
considered in this reportMotive power
Traction, marine and aviation.Portable product
power Laptops, tablets, smartphones, hand tools
and lawn care products, military/aerospace.Statio
nary power Uninterruptible power supplies,
emergency lighting, remote power, small-scale
alternative energy storage.Hybrid electric
vehicles.Large-and-advanced batteries also will
be used in the following developing
marketsPlug-in vehicles.Utility load leveling
and large-scale alternative energy
storage.Developmental military/aerospace
applications.These market sectors are defined,
leading companies are identified and the markets
analyzed (including a five-year market forecast).
Finally, large-and advanced-battery companies are
outlined in the Company - Profiles chapter.
14Continue
- METHODOLOGYBoth primary and secondary research
methodologies were used in preparing this report,
which is based on interviews with commercial and
government sources, literature reviews and patent
examinations. Throughout the report, past market
data is expressed in current dollars, and
estimates and projections are in constant 2012
dollars. Historic markets and the projected
markets for 2012 and 2017 are provided. Most
market summaries are based on a consensus
scenario. Pessimistic, consensus and optimistic
market scenarios characterize several
developmental markets. Totals are rounded to the
nearest million dollars. When appropriate,
information from previously published sources is
identified to allow a more detailed examination
by clients.
15Continue
- INFORMATION SOURCESMarket assumptions used in
this report include those based on updates of
material from an earlier version of this
analysis, as well as from BCC Research studies
FCB023E Portable Battery Powered Products Global
Markets and FCB028E Lithium Batteries Markets
and Materials. This reports author prepared
these studies as well. Spanning 20 years, he also
edited the BCC Research newsletter, Hybrid and
Electric Vehicle Progress and its predecessor
Battery and Electric Vehicles News. Market
assumptions used in this report include those
based on updates of material from an earlier
version of this analysis, as well as from the BCC
Research study, Lithium Batteries Markets and
Materials and Portable Battery-Powered Products
Global Markets. This reports author prepared
these studies as well.
16Continue
- Both primary and secondary research
methodologies were used in preparing this report,
which is based on interviews with commercial and
government sources, literature reviews and patent
examinations. An in-depth analysis of technical
and business literature and published
dissertations a review of the history of the
technologies involved and interviews with
industry experts, company representatives,
federal government researchers and university
scientists provides an assessment of the outlook
for alternative electrical power storage. Other
information sources include product literature
from suppliers, scientific references,
conferences and patent searches.Although many
segments of the industry are well-documented,
much of this information is based on estimates
rather than hard facts. The distinction between
these estimates and hard facts can be vital, and
sources are identified wherever possible. When
appropriate, information from previously
published sources is identified to allow for a
more detailed examination.
17For More Information Kindly Visit On-
- http//www.bharatbook.com/energy-market-resear
ch-reports/large-and-advanced-battery-technology-m
arkets.html - Or visit us at
Bharat Book BureauPhone 91 22 27810772,
27810773Toll Free No for USA/Canada
1-866-279-8368 E-mail info_at_bharatbook.com
Website www.bharatbook.com Twitter
https//twitter.com/BharatBook Blog
http//www.bharatbook.com/market-reports-blog