Abstract
Research Overview
Rechargeable lithium batteries have been the answer to consumers' demand for
high power and longer run time batteries for over a decade. However, today's
rechargeable batteries have either reached or are quickly nearing their
theoretical energy density limit. This is a serious trend, as electronic
devices are constantly becoming more converged and multi-functional, a trend
which requires additional power to provide longer runtimes. Technological
developments in terms of finding new electrode materials, new design concepts
and so on are being undertaken in order to further enhance the features of
lithium and other battery chemistries to solve consumer complaints about lack
of power. For instance, lithium-ion (Li-Ion) batteries on an average provide
only up to three to four hours of continuous operating time in cell phones.
The demand for lithium batteries is expected to be strong in the future with
many existing applications shifting towards using lithium batteries and newer
applications coming on the market.
Consumer devices such as digital cameras, camcorders, laptops, PDAs, MP3
players and cell phones as well as military and telecommunication backup
applications are expected to be some of the lucrative markets for emerging
battery technologies. However, many other industrial uses such as cordless
power tool market, data collection equipment, space and defense applications
and medical applications are rapidly recognizing the potential that lithium
batteries possess and migrating towards them.
This research service focuses on the World Emerging Battery Markets. This
research service analyzes the overall growth in the Emerging Battery market,
revenue analysis, competitive structure, market and technology trends,
industry challenges, drivers, restraints and pricing trends.
This research is dedicated to up-and-coming emerging battery chemistries,
including emerging variations to existing technologies such as lithium,
nickel, lead acid, or alkaline. A lot of research and development (R&D) is
taking place in the battery industry. As portable devices continue to evolve
and require additional power to operate, battery chemistries must also evolve
and improve in energy density and capacity. Some of the more mature battery
chemistries are slow to demonstrate innovation, however there are many areas
in which lithium ion batteries are constantly evolving. Whether it is using
new, innovative materials in the battery, or developing safer battery options,
R&D plays an important role in the worldwide battery market.
The amount of work being done in terms of emerging battery R&D is quite
extensive. This research outlines the most advanced technologies in terms of
commercialization stage. There are many other types of batteries being
reviewed and developed, so this research is not expected to be definitive.
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