Shape of Lithium Ion Battery Used In China
In terms of Output volume, the square shaped battery accounted for a
share of ~% in 2017. Square batteries have grown rapidly, mainly due to the
rapid growth of domestic electric vehicle market. The square shape batteries dominated the lithium-ion battery
market in terms of generating output volume majorly due to its small internal
resistance, long cycle life, high package reliability, good tolerance,
relatively simple grouping, and high energy efficiency. Square shaped lithium-ion batteries are largely used in Electric
Vehicle, Mobiles, Electric bicycle and others. In terms of output volume
generated, cylindrical shaped battery accounted second highest share of ~% in
the lithium-ion
battery market in the year 2017. In terms of output volume generated,
soft pack lithium-ion battery contributed least share of ~% among all the three
shaped batteries in the lithium-ion battery market in the year 2017.
Type of lithium ion battery
used in China
The volume share through installed capacity of lithium-ion batteries
based on LFP dominated the market in 2017 as it accounted an overall share of
~%. Properties: Nominal voltage is 3.3V/cell; offers long cycle life, has a
good safe record but exhibits higher self-discharge. This battery is majorly
used in telecom, laptops, digital cameras and wearable products. In terms of
volume share through installed capacity of lithium-ion batteries based on ternary
type contributed second highest share of ~% in 2017. The ternary lithium
battery has higher energy density which makes it most suitable battery for
passenger car applications, energy storage applications and others. In terms of
volume share through installed capacity of lithium-ion batteries based on LMO
in 2017 accounted a share of ~%. The volume share through installed capacity of
lithium-ion batteries based on all other type in 2017 accounted a mere share of
~% in the overall lithium-ion battery market in China and other battery type
majorly includes LCO (Lithium Cobalt Oxide) and LTO (Lithium Tianate).
How Competition Scenario Works
In The China Lithium-Ion Battery Market?
The lithium-ion battery market in China is at growth stage. The
competition of Lithium-ion battery manufacturers in China is moderately
fragmented, due to dominance of 5-7 players acquiring ~% of the overall market.
The sales from top 30 manufacturers in China's lithium-ion battery contributed
CNY ~ billion which accounted ~% share in the total sales of the lithium-ion
battery market.
CATL continues to be the market leader with a share of ~% of the
overall Lithium-ion battery market in 2017. Amperex Technology Limited (ATL)
accounted the second highest share in the market. It has a share of ~% in 2017
in the overall lithium-ion battery market. BYD remains the third largest
manufacturer of lithium-ion batteries in the country and accounted a share of
~% in the year 2017. Among the top 10 players the foreign player such as LG
Chem and Murata acquired fourth and seventh positions in the market with a
share of ~% and ~% respectively in the year 2017 in the China’s lithium-ion
battery market. Companies compete on the basis of configuration of battery
packs, their durability, quality, technology, after sales service, recharge
cycle and application.
What Are Future Estimations
About The China Lithium-Ion Battery Market And Its Segments?
In future, it
is anticipated that the China Lithium-ion battery market size in terms of
revenue (value) will increase at a CAGR of ~% during the period 2017-2022. It
is expected that the sales revenue in terms of value will increase from CNY ~
billion to CNY ~ billion in the year 2022.
In future, it
is expected that the China Lithium-ion battery market in terms of production
volume will increase at a CAGR of ~% during the period 2017-2022. It is
anticipated that the market in terms of capacity will increase from ~ GWh in
2017 and will reach to ~ GWh in the year 2022.
The demand for Lithium-ion
battery in China is expected to grow at a rapid pace majorly due to increase in
the demand of new energy vehicle followed by accelerating demand for energy
storage batteries for on gird and off grid applications in the country.
In future, it
is anticipated that the country will have majority of its development potential
in the lithium batteries will be from electric vehicles product development. However,
consumer products such as wearable devices and drones are expected to show
rapid growth, but the overall scale will remain low as compared to electric
vehicle demanding lithium-ion batteries in the market.
Keywords:-
China Lithium Ion Battery Market
Electric Vehicles Sales China
Energy Storage Market China
Power Storage Market China
Mobile Phone Battery China
China Lithium Ion Battery Life
China Lithium Ion Battery
China Battery Market
Lithium Ion Electric Vehicles
China Lithium Ion Battery
Export Lithium Ion Battery China
Lithium Ion Production In China
Lithium Ion Mobile Battery China
Lithium Ion Battery Industry In China
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Ankur Gupta, Head Marketing & Communications
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+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
