Worldwide nanotechnology thin film lithium-ion batteries are poised to achieve
significant growth as units become more able to achieve deliver of power to
electric vehicles efficiently. Less expensive lithium-ion batteries allow leveraging
economies of scale and proliferation of devices into a wide range of applications.
According to Susan Eustis, lead author of the study, "Economies of scale
leverage the lithium-ion battery nanotechnology advances needed to make lithium-ion
batteries competitive. Nanotechnology provided by lithium-ion research solves
the issues poised by the need to store renewable energy. Lithium-ion batteries
switch price reductions are poised to drive market adoption by making units
affordable."
Electric Vehicles depend on design, development, manufacture, and support of
advanced, rechargeable lithiuium-ion batteries. Batteries provide a combination
of power, safety and life. Next-generation energy storage solutions are evolving
as commercially available batteries. Lithium-ion batteries will play an increasingly
important role in facilitating a shift toward cleaner forms of energy.
Innovative approaches to materials science and battery engineering are available
from a large number of very significant companies: GE, Panasonic Sanyo / Matsushita
Industrial Co., Ltd., NEC, Saft, Toshiba, BYD / Berkshire Hathaway, LG Chem,
Altair Nanotechnologies, Samsung, Sony, A123 Systems with MIT technology, and
Altair Nanotechnologies.
Markets for lithium-ion batteries at $911 million in 2008 are anticipated to
reach $9.1 billion by 2015, growing in response to decreases in unit costs and
increases. Lithium-ion batteries used in cell phones and PCs, and in cordless
power tools are proving the technology. Units are shipped into military markets
and are used in satellites, proving the feasibility of systems. Small, lithium-ion
prismatic batteries prove the feasibility of this technology. The large emerging
markets are for hybrid and electric vehicles powered by renewable energy systems.
Key Topics Covered:
- Worldwide Nanotechnology Thin Film Lithium-Ion
- Battery Market Driving Forces
- Market Driving Forces
- Nanotechnology Forms the Base for Lithium-Ion Batteries
- Competitors
- Lithium-Ion Battery Market Shares
- Lithium-Ion Battery Market Forecasts