“Battery Control Technology: Global Markets” added to ReportBuyer.com
ReportBuyer.com has added a new report Battery Control Technology: Global Markets
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%.
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.
By the end of the Twentieth Century, the global battery market was considered mature, with demand closely related to the sales of either automobiles or various consumer products. Likewise, in many cases, the market for battery control technology was considered mature. Since then, there has been a change in this relationship. For instance, improved microelectronic battery charger controller technology is allowing the commercialization of whole new classes of batteries and is improving the marketability of existing battery systems. This in turn has allowed the commercialization of products (notably portable computers, cellular phones, multi-functional handheld products, and electric vehicles) that would be impossible without improved battery control technology.
With this in mind, there are areas where the battery control technology industry could experience the explosive growth usually associated with emerging industries. Battery designers (mainly electrochemists) and battery charger, conditioner, and converter designers (mainly electrical and electronics specialists) will continue to operate together, with new batteries and new battery control techniques evolving together to produce even higher performance products.
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.
First, this report organizes the battery control technology market into five sub-sectors based on the type of consumer:
Automotive.
Traction, marine and aviation.
Portable products.
Stationary (UPS, emergency, remote).
On-road electric vehicles.
Then, the market is organized by type of battery control technology:
Battery chargers.
Battery conditioners.
Smart battery systems.
Each of these divisions is comprised of different market sub-sectors, and each is examined in terms of past, present and future sales. Historic wholesale markets for 2006 and 2011 forecast 2016 market figures are provided. Predicted markets and compound annual growth rates (CAGRs) are expressed in constant Year 2012 dollars. A detailed discussion of the companies involved is provided for each battery control market sub-sector. Most market summaries are based on a consensus scenario that assumes no unanticipated technical advances and no unexpected legislation. In some cases, several possible development scenarios are presented. Totals are rounded to the nearest million dollars. When appropriate, information from previously published sources is identified to allow a more detailed examination by clients.
Both primary and secondary research methodologies were used in preparing this report, which is based on interviews with commercial and government sources, literature reviews, and patent examinations. An in-depth analysis of technical and business literature and published dissertations, a review of the history of the technologies involved, interviews with industry experts, company representatives, federal government researchers, and university scientists provide an assessment of the outlook for alternative electrical power storage. Other information sources include product literature from suppliers, scientific references, conferences, patent searches.
Market assumptions used in this report include those based on updates of material from an earlier version of this analysis, as well as from previous BCC Research studies by the author. Although many segments of the industry are well documented, much of this information is based on estimates, not hard facts. The distinction between these estimates and hard facts can be vital, and wherever possible, sources are identified. When appropriate, information from previously published sources is identified to allow a more detailed examination by clients.
This report is intended to provide a unique analysis of the global battery control market and will be of interest to manufacturers of battery chargers and battery charger components, as well as a variety of portable products, stationary power sources, and vehicle makers. This report will also be valuable to those involved in secondary battery development and marketing, as well as those offering competing nonrechargeable batteries. Current and potential battery consumers, as well as those in the military and the medical professions, can determine existing or potential battery control markets. These end users will learn what designs battery systems will and will not allow. BCC wishes to thank those companies, government agencies, and university researchers who contributed information for this report.
This report's project analyst, Donald Saxman, is the editor of BCC Research's Power Sources and Advanced Vehicle Progress newsletters, and has founded several other BCC newsletters. Mr. Saxman has more than 28 years of experience in market analysis, technical writing, and newsletter editing. Since 1983, he has operated as a technical market consultant and subcontractor to BCC Research, and, in this capacity, he has prepared more than 80 technology market research reports, including many that covered battery technology and battery markets. His previous experience includes supervision of a quality-control laboratory at a major secondary lead refinery, experience as an analytical chemist at a hazardous waste testing service, product assurance manager for a space station life-support-system project, and an information technology business analyst and project manager.
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