ReportsnReports - Battery Control Technology: Global Markets
12-Apr-2012 | News-Press Release
Rechargeable batteries are routinely used in portable product and stationary power applications, including computers, cellular phones, and uninterruptible and emergency power supplies. More recently, rechargeable batteries have been evolved from relatively low performance industrial vehicles to electric vehicles that rival internal combustion vehicles in performance and exceed their efficiency. This revolution in battery power has been possible through a systems approach that includes advanced batteries, “smart” microcontroller battery chargers, and power conditioners. This impacts the commercial and consumer electronics market, the transportation market, and the electrical power generation market, among others.
Ultimately, the market for batteries drives the market for battery control technology: chargers, smart batteries, and conditioners. Batteries are used to accumulate and transport electrical energy. These functions, power storage and power portability, make batteries essential to today’s industrial and consumer-oriented society. Although simple batteries have existed for at least two hundred years, the battery industry traces its roots to the early 1900s. At that time, the commercialization of automobiles and radios created a demand for automotive (starting, lighting, ignition and generator) batteries and portable appliance batteries. These markets, characterized by primary (disposable) and secondary (rechargeable) batteries remain the two areas where most batteries are consumed. With the growth of the markets for secondary batteries, the market for battery control has grown. Starting in the 1960s, the wider commercialization of sealed nickel-cadmium batteries and then sealed lead-acid batteries created competition between primary and secondary batteries for some consumer applications. This development also created a market for whole new kinds of battery control technology.
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Battery control advances and a realignment of the battery industry players must be matched by new marketing attitudes. The battery control technology market is much more fragmented than the battery industry it serves. On the other hand, battery designers and battery control technology designers now must cooperate to meet more demanding design requirements. Battery control technology customers include the consuming public, industrial users, and manufacturers who must consider battery control as an integral part of a product’s design. This report is intended to be the most complete technical, economic and business document of this type on the subject and is designed to provide information of a professional nature. The technical data are dependent on the accuracy of the manufacturers and technical sources that helped make up the BCC Research database. This report is not intended to constitute a legal or accounting document, nor is it an endorsement of any given product or process. The authors, and BCC Research as the publisher, assume no liability for loss or damage as a result of reliance on this material.
• The global wholesale level market for battery control technology was nearly $86 billion in 2011 and should grow to more than $124 billion (constant 2012 dollars) by 2016 under a consensus scenario, a CAGR of 7%.
• Battery chargers currently represent the largest of the three battery control technology market sectors, with 2011 sales of over $48 billion. BCC expects this market to reach $69.6 billion by 2016, a CAGR of 7.6%.
• Smart batteries (including both nickel metal hydride and lithium-ion) are the second largest market sector, especially those used in portable products and on-road electric vehicles. Smart batteries represent $32 billion in 2011 and are expected to grow to more than $49 billion by 2016, a CAGR of 8.5%.
Major points covered in Table of Contents of this report include:
Chapter- 1: INTRODUCTION – Complimentary
Chapter- 2: SUMMARY
Chapter- 3: OVERVIEW: BATTERY CONTROL TECHNOLOGY
Chapter- 4: INDUSTRY STRUCTURE AND COMPETITIVE ASPECTS
Chapter- 5: BATTERY CONTROL TECHNOLOGY MARKET SUMMARY
Chapter- 6: BATTERY CONTROL TECHNOLOGY APPLICATIONS
Chapter- 7: BATTERY CHARGER COMPANY PROFILES
Chapter- 8: APPENDIX A: BATTERIES AND BATTERY CONTROL TECHNOLOGY
Chapter- 9: APPENDIX B: COMPETING POWER SYSTEMS
List of Tables
List of Figures
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