WATCHING THE ADVANCED BATTERY MARKET GROW

Advanced Battery Tracker 4Q13; 2012 Global Shipments of Advanced Batteries by Application Segment: Automotive, Stationary Energy Storage, Consumer Electronics, Medical, Defense, and Power Tools

4Q 2013 (Navigant Research)

“The advanced battery market is in the midst of a massive increase in production output…[A]s of the end of 2012, Navigant Research identified a total global shipment volume of 26.7 GWh of advanced batteries, the majority of which were in the consumer electronics segment…[E]merging sectors such as automotive and stationary energy storage earned relatively large market shares…Lithium ion (Li-ion) is the primary chemistry [over 99%] in the advanced battery market…Cost of the batteries, the most important factor, has been declining dramatically in the last 2 years…The majority of advanced batteries were manufactured in China, with the United States, South Korea, and Japan coming in well behind…[and] very little manufacturing activity in Europe, Latin America, and the Middle East & Africa in 2012…” click here for more

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