Abstract
US battery demand to grow 4.5% annually through 2011
US demand for primary and secondary batteries is forecast to climb 4.3 percent
annually through 2011 to $14.8 billion. Growth will be driven by such factors
as strong demand for battery-powered products like cellular phones and digital
cameras, and heightened production of light motor vehicles. Market gains will
also be assisted by an ongoing shift in the product mix toward more expensive
batteries (such as lithium-based cells) that deliver improved performance for
highdrain electronic devices.
Primary battery demand to outperform secondary battery market
Sales of primary batteries are expected to increase faster than secondary
battery market gains through 2011, due in large part to increasing usage of
primary lithium and other high-performance battery chemistries in high-drain
applications such as digital cameras. Secondary battery demand in value terms
will be constrained by falling manufacturing costs of rechargeable lithium and
nickelmetal hydride batteries. However, the secondary battery market will be
supported by rising production of hybrid/ electric vehicles and increased
spending for backup power systems, particularly in the telecommunications
sector.
Although lead-acid batteries will account for about 69 percent of all
secondary battery sales in 2011, lithium-ion, lithium-polymer and nickel-metal
hydride batteries will register the strongest rates of growth. Demand for
these advanced battery types will be fueled by their highperformance
characteristics, as well as by continuing technological improvements.