Lithium Ion Batteries Market in Japan: Key Research Findings 2011
Research Outline
Yano Research Institute has conducted a study on the lithium ion batteries market with the following conditions:
1. Research period: From June to November, 2011
2. Research targets: Manufacturers of Lithium Ion Batteries
3. Research methodologies: face-to-face interviews by the specialized researchers, survey via telephone/email, and literature research
Summary of Research Findings
n Global lithium ion batteries market in FY2011 shows steady growth at 1,169.3 billion yen, 108.2 % from the previous year
The global market of litium ion batteries (LIBs) in FY 2011 is likely to reach 1,169.3 billion yen, 108.2 % of the previous year, showing steady growth.
n Most LIBs are currently for small consumer devices such as smart phones and tablet PCs, and those for cars are expected to increase gradually in time
Once thought to be as already well matured, LIBs for consumers are still in good demand due to highly demanded smart phones and tablet PCs. LIBs for automobiles are also promising in the area of PHEVs and HEVs, which are alternatives to those yet-to-be–fully- launched EVs. Since volume of LIBs to be equipped in PHEVs and HEVs are huge compared to that in consumer products, LIBs for automobiles have potential to drive the entire LIBs market for expansion.
n Market forecast : Average growth rate from FY2010 to FY2015 expected to be 21.7%, reaching 2,883.4 billion yen by FY2015
The market of LIBs for automobiles is expected to launch gradually and anticipated to grow up to 952.0 billion yen, accounting for 33.0% of the entire LIBs market by FY2015. The Great East Japan Earthquake along with the nuclear accident at Fukushima have generated front-loaded demand for industrial LIBs, the market of which is expected to grow as large as 432.6 billion yen by FY2015, accounting for 15% of the entire LIBs market.
Published Report
Report Title: Lithium Ion Battery Market 2011
*The information provided in the "Research Summary" is what is as of the date of announcement and could be altered or renewed without any prior notice.