China's Lithium Ion Power Battery Market

- Dec 02, 2018 -

China's lithium ion power battery market reached 76.2 GWh in 2017, an increase of 12.84% over the same period last year.

 

According to the adjusted caliber, the real lithium reasearch data show that the total size of China's lithium ion power battery market reached 76.2 GWh in 2017, up 12.84% year-on-year, slightly higher than the global growth rate. In 2011, China's lithium ion power battery market was 29.7 GWh, accounting for 21.55% of the world's lithium ion power battery market. In 2016, China's global share of the market exceeded 50%, and in 2017, it increased further, accounting for 50.88%. Moreover, more than 50 GWh are power batteries, and China's lithium-ion market has entered the era of power battery drive ahead of schedule.

 

1. Development of various markets

 

Compared with the global market, the biggest difference is that the demand for lithium-ion batteries in China's lithium-ion market has jumped to the largest level since 2015, with the total market size reaching 20.5 GWh, surpassing 17.2 GWh in the consumer market. Among them, for the first time, the demand for 16.0 GWh has grown into the largest segment in the electric vehicle market. Market: In 2016, this advantage was further consolidated. In 2017, the demand of traffic market was 40.5 GWh, accounting for 53.20%. Among them, the demand of electric vehicle market exceeded the whole consumer market by 33.6 GWh.

 

In 2011, China's lithium ion power battery market was dominated by the consumer market. The demand for lithium ion power battery was 3.7 GWh, accounting for 57.81%. Since then, the proportion has declined year by year (with a slight increase in 2013). By 2017, the market size was 21.5 GWh, accounting for 28.16%. In 2011, the scale of lithium-ion power in the transportation market was 1 GWh, accounting for 15.63%. At the end of the list, the proportion declined slightly in 2012. The proportion began to rise year by year in 2013. The average annual growth rate in 2014-2015 was more than 180%. After surpassing the consumer market in 2015, it ranked first for three consecutive years, and its leading edge was expanding. In 2017, the scale of lithium ion power battery in China's transportation market was 40.5 GWh, accounting for 53.20%, more than half. In the industrial energy storage market, lithium ion power battery scale was 1.7 GWh in 2011, accounting for 26.56%, and the proportion remained between 18% and 31% in 2011-2017, ranking the last.

 

In terms of growth rate, the transportation market has the highest average annual growth rate from 2012 to 2017, with an average annual growth rate of 95.44%. The industrial energy storage market ranks second with 43.22% and the consumer market ranks last with 35.75%.

 

From the point of view of China's consumer market, lithium demand is mainly contributed by mobile phones, mobile power supply (charging treasure) and notebook computers. In 2011, the demand for lithium ion power battery in China's mobile phone market was 1.7GWh, which was the largest market segment, accounting for 47.22%. Since then, the proportion has declined year by year, and it has been ranked second since it was overtaken by mobile power supply (Chargeable) in 2014, accounting for 23.26% with 5.0 GWh in 2017. In 2011, the demand for lithium ion power battery in China Mobile Power Supply (Charging Treasure) market was 0.5 GWh, accounting for 13.89% of the total demand for lithium ion power battery in China's consumer market, ranking third. Since then, the proportion has increased year by year. By 2017, the proportion of lithium ion power battery in China Mobile Power Supply (Charging Treasure) market was 12.0 GWh, accounting for 55.81%, more than half. In 2011, the demand for lithium ion power battery in China's notebook computer market was 1.1GWh, accounting for 30.56% of the total demand for lithium ion power battery in China's consumer market, ranking second. Since then, the proportion has declined year by year, ranking third in 2013, and still ranking third in 2017 with 2.2 GWh accounting for 10.23%.

 

In terms of growth rate, the highest annual growth rate of each segment of the lithium ion power battery consumption market in China from 2012 to 2017 was mobile power supply (Chargeable), with an average annual growth rate of 76.97%, tablet computer market ranked second with 50.69%, mobile phone market ranked third with 21.41%, and laptop market ranked fourth with 12.80%.

 

From the perspective of transportation market, lithium demand is mainly contributed by electric vehicles and electric bicycles. In 2011, lithium demand in China's electric vehicle market was 0.5 GWh, the largest market segment, accounting for 55.56%. From 2012 to 2013, the development speed of electric bicycle was in the second place. From 2014 to 2017, China's electric vehicle market developed rapidly, and the demand for lithium electricity rose rapidly. It regained the first place in the market and continuously widened the gap with other sub-markets. By 2017, 33.6 GWh accounted for 82.97%. In 2011, lithium demand in China's electric bicycle market was 0.4 GWh, accounting for 44.44%, ranking second. In 2012-2013, lithium demand rose year by year, exceeding the electric vehicle market, ranking first. Development slowed down from 2014 to 2017, accounting for 11.35% of the total, with 4.6 GWh in 2017.

 

In terms of growth rate, the highest annual growth rate of each market segment in China's lithium-ion transport market is electric vehicles, with an average annual growth rate of 167.57%. The electric tricycle Market ranks second with 62.50%, the low-speed electric vehicle market ranks third with 61.57%, and the electric bicycle market ranks fourth with 53.33%. Generally speaking, the development of these four market segments is very fast, and the era of traffic electrification has arrived in China.

 

From the point of view of the industrial energy storage market, the demand for lithium ion power battery is mainly contributed by the two market segments of electric tools and mobile base stations. In 2011, lithium demand in China's electric tool market was 1.6GWh, the largest market segment, accounting for 94.12%. The proportion increased to 96.30% in 2012, and then declined year by year. In 2017, the proportion of 8.4 GWh was 59.15%, still the largest. In 2012, the demand for lithium ion power battery in China Mobile Base Station Market was 0.1GWh, accounting for 3.70%, ranking the second place. Since then, the proportion has increased year by year, but always ranked the second place. In 2017, the proportion of lithium ion power battery in China Mobile Base Station Market was 5.6 GWh, accounting for 37.70%.

 

In terms of growth rate, the highest annual growth rate of each market segment in China's lithium-electric energy storage market from 2012 to 2017 is mobile base station, with an average annual growth rate of 163.29%, and the second largest growth rate in the electric tool market is 32.86%.