China Battery Market Capacity Forecasts and Price Trends to 2017

China Battery Market Size, Share, Trends, Company Profiles, Demand,

Insights, Analysis, Research, Report, Opportunities, Segmentation and

Forecast To 2014 – 2017

China Battery market is driven by the requirement from rising downstream segments which

include energy storage kit and electric vehicle. The Chinese battery market size is estimated to

grow at more than 8% over the forecast period. The chemical batteries majorly used in China

include lithium ion battery, lead-acid battery, nickel-metal hydride battery, and nickel-cadmium

battery.

Lithium ion batteries and lead-acid batteries are having steady requirement with large market

volume where as the remaining two are having less market expansion scope owing to the

performance, cost, and environmental issues of these batteries. The lead-acid battery production

was more than 200 million KVAh in 2013, rising more than 15.0% from the previous year.

Opinion was taken unanimously by the five ministries of China on the promotion of standard

development of Lead-acid battery and secondary lead market. They considered as significant one

along with rearward manufacture abilities be eradicated, and settled at eliminating outdated

capacities which failed the security of the environment. And also which doesn’t fulfil admittance

should be abolished by 2015. Hence, Lead-acid battery industry in China is going to be at a final

phase of consolidation over the forecast period.

For Further Inquiries: http://www.radiantinsights.com/research/china-battery-industryreport-2014-2017

Lithium battery consignment was over 4.760 billion units increasing by more than 18.5% every

year. The credit goes to it being free of heavy metal such as cadmium and lead, thus these

batteries are known as the green-product, and this is the reason different countries strongly

encourage the lithium battery and broadly used for equipment of energy storage and for the

electric automotives.

Nevertheless, in due course, the technical progress and decreasing price...