Forecast of the market prospects of power-type lithium-ion batteries

Forecast of the market prospects of power-type lithium-ion batteries
In recent years, under the encouragement of a series of preferential policies in European and American countries, the number of various types of electric vehicles using lithium-ion batteries has been increasing. Frost & Sullivan’s report Analysis of the Global Hybrid Electric and Electric Vehicle Lithium-ion Battery Market “Analysis of the Global Hybrid and Electric Vehicle Lithium-ion Battery Market” shows that in 2010, from the global use of lithium-ion battery hybrid and In terms of sales of electric vehicles, the European market accounted for the largest share of 48.2%; the North American market followed closely with a market share of 41.4%; the Asia-Pacific region had the smallest market share, with only 10.4%.

From 2008 to 2017, the respective market revenue ratios of Europe, North America and Asia Pacific only fluctuated slightly and remained basically unchanged. The revenue share of the European region will fall from 48.8% in 2008 to 43.4% in 2017, while the Asia-Pacific region and North America will have their respective growth. The revenue share of the Asia-Pacific region will increase from 10.2% in 2008 to 11.7% in 2017. The revenue share of North America will increase from 41.0% in 2008 to 44.9% in 2017.

In terms of specific amounts, the revenue amounts in Europe and North America are always relatively close, while the Asia-Pacific region has greater growth potential. In 2008, revenue in North America reached 21 million U.S. dollars, Europe was 24.9 million U.S. dollars, and Asia Pacific was 5.2 million U.S. dollars. In 2010, the revenue in North America reached US$70.8 billion, the European region was US$242 million, and the Asia-Pacific region was only US$52.2 million. It is estimated that by 2017, the revenue in North America will reach 5.768 billion U.S. dollars, the European region will be 5.575 billion U.S. dollars, and the Asia-Pacific region will be 150.3 billion U.S. dollars. The compound annual growth rates of the three regions are 60.8%, 56.6% and 61.6% respectively.

It is worth noting that although the Asia-Pacific region has gathered many lithium-ion battery manufacturers in Japan and South Korea, and many countries have also introduced corresponding incentive policies, the market acceptance of various types of electric vehicles equipped with lithium-ion batteries is not as good as that. High in North America and Europe. The development of the electric vehicle market in Europe and the United States is relatively mature. In contrast, the Asia-Pacific market is in its infancy, with greater room for growth in the next period of time, and market purchase potential.

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