Demand for batteries in China will grow 8.5 percent annually through 2013. Growth will be driven by increasing output of battery-powered products and an ongoing shift toward value-added batteries for export. Secondary batteries will grow nearly twice as fast as primary batteries, driven by transportation markets.
This study analyzes the 188 billion yuan battery industry in China. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by technology (fuel cell, smart battery), product (e.g., primary, secondary) and market (e.g., consumer, industrial, government, health care).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry participants, including Panasonic/SANYO, BYD and Fengfan Stock.