Penetration of battery technologies in developing countries, together with
the spiraling popularity of consumer electronic devices, mobile communication
equipment, medical applications and personal computers/laptops are expected
to help lithium-based batteries scale new heights. In view of increasing popularity
of portable telecom products, and digital devices, the global lithium batteries
market is likely to grow at over 7.10% annually in terms of value sales and
8.03% in terms of units sales, as stated in a recent report published by Global
Industry Analysts, Inc. North America and Europe between them collar over
62% of the worldwide lithium batteries value sales and over 64% in term of volume
sales. However, fastest growth is likely to emanate from the Japanese lithium
batteries market, reflecting over 8% in terms of both volume and value sales.
Lithium ion polymer batteries market represents the fastest growing segment,
in terms of both value and volume.
Lithium manganese dioxide batteries market in Europe is expected to reach 1.19
billion units, worth US$308 million by 2012.
Smelling the big bucks, several manufactures are expected to enter the lithium
batteries market leading to the availability of a wide range of products. A
major product war will be unleashed as players brace themselves for the tough
challenge of product differentiation. It's a perspiring future for market participants
as competition heats up, burning up profit margins and beneficially driving
down prices from their presently high pedestal.
Major players in the marketplace include Duracell, Ultralife, Valence, Hitachi
Maxell, Toshiba, Spectrum Brands, SAFT, PolyPlus Battery Company, Greatbatch
Inc, FDK Corporation, EEMB, Renata SA, Lithium Technology Corporation, and Yardney
"Lithium Batteries: A Global Strategic Business Report", published
by Global Industry Analysts, Inc., provides a comprehensive review of market
trends, product profile, recent developments, mergers, acquisitions, profiles
of major players and other strategic industry activities. Analysis is presented
for major geographic markets such as US, Canada, Japan, France, Germany, Italy,
the UK, Spain, Russia, Asia-Pacific, Latin America, and Rest of World. Analytics
for the period 2000 through 2015 are provided for the product segments LiSo2,
LiSoC12, LiMno2, LiCFx, Li-Ion and Li-Ion Polymer Batteries.
For more details about this research report, please visit http://www.strategyr.com/Lithium_Batteries_Market_Report.asp