Freedonia In The News
Article Title: Battery Demand in China to Grow 8.5% Annually
Publication: EVWorld , 6/25/2010
Freedonia Study: Batteries in China (2630)
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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 value-added 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. These and other trends are presented in Batteries in China, a new study from the Beijing office of The Freedonia Group, Inc., a Cleveland-based industry research firm.
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