2017-2018 lithium battery industry development analysis and market forecast for the next three years
According to the lithium research data, in 2017, the global lithium electricity market scale is as high as 149.7 GWh, with a year-on-year growth of 11.63%. The growth rate is not high, mainly because the lithium electricity demand growth in the consumer market is almost stagnant. However, since 2011, the lithium battery market has grown at an average annual rate of 31.36%. Few industries can achieve this, so it is still very rare.
The biggest highlight of lithium battery market in 2017 is that the total demand for lithium battery in the transportation market represented by the electric vehicle market has increased to 64.6GWh, surpassing consumer electronic products for the first time and becoming the largest market of lithium battery.
1. Development of each market
Lithium battery research divides the lithium battery market into three parts, namely, the consumer market, the transportation market and the industrial energy storage market. Among them, the research institutions of Japan and South Korea are included in the consumer market of electric tools. Lithium battery research is included in the industrial energy storage market, because the battery of electric tools actually belongs to the power battery. In 2016, it was also the largest market of lithium battery in terms of consumer electronic products. In 2017, the market size of 62.0 GWh was reduced to 41.42%, which has been relegated to the second place. In 2017, the king is the transportation market, with the lithium electricity demand scale of 64.6 GWh, accounting for 43.15%. The smallest industrial energy storage market is 23.1 GWh, accounting for 15.43%.
In 2011, the lithium electricity scale in the consumer market was 24.4GWh, accounting for 82.15%. Since then, the proportion has been decreasing year by year, and finally it will fall to the second place in 2017. In 2011, the scale of lithium electricity in the transportation market was 2.9 GWh, accounting for only 9.76%. Since then, it has been increasing rapidly year by year, and finally surpassed the consumer market and ranked first in 2017. In 2011, the lithium electricity scale in the industrial energy storage market was 2.4 GWh, accounting for 8.08%. From 2012 to 2017, the lithium electricity scale was maintained between 11% and 17%.
In terms of growth rate, the transportation market with the highest annual growth rate of 69.82%, the industrial energy storage market with 48.03% and the consumer market with 17.16% ranked the last in the global lithium battery market from 2012 to 2017. The transportation market grew fastest in 2012, reaching 103.45%. The growth rate decreased year by year from 2013 to 2014, jumped in 2015, and decreased year by year from 2016 to 2017, mainly due to the impact of the development of China's electric vehicle market. The industrial energy storage market grew the fastest in 2012, reaching 79.17%, and the growth rate decreased year by year from 2013 to 2017, mainly because the lithium electricity demand of the majority of the electric tool market was becoming saturated and the energy storage market had not yet exploded.
2011-2017, the global consumer market structure also changed greatly, the consumption of 2011 market dominated by the mobile phone market, demand for batteries 10.9 GWh, accounted for 44.67%, then the proportion of decline year by year, to 2015 accounted for 29.02% of slope to be mobile power supply (charging treasure), came in second, after 2017 absolute demand fell for the first time was 17.6 GWh, proportion continue to decline to 28.37%.
The rapid development of smart phones and the rapid popularization of non-replaceable soft-pack batteries have led to the explosion of the mobile power market. 2011 mobile power supply market demand only 1.2 GWh, accounted for 4.92%, ranked fourth, 2012-2017 at an average annual 75.83% growth rapid development, growth in 2013 is as high as 200.00%, to 9.9 in 2014 GWh accounted for 22.86%, more than tablets and laptops came in second, the demand of mobile power supply market in 2015 to 18.6 GWh accounted for 34.38%, beyond the mobile phone market, for the first time in the first place, since always row in the first place, the proportion increases year by year, demand for 25.3 2017 GWh. The proportion was as high as 40.79%. It should be mentioned that the mobile power market has absorbed a large number of consumer battery defective products.
Tablet computer market demand increased from 2011 to 2014, and showed negative growth from 2015 to 2017, accounting for 7% to 17%. In 2017, the demand was 5.0 GWh, accounting for 8.08%. From 2011 to 2017, laptop development is stable, and the demand is between 8.9 and 9.3 GWh, increasing year by year. In 2016, it is slightly reduced, accounting for 14-37%, decreasing year by year, and slightly increased in 2017.
Since the first year of commercialization of electric vehicles in 2011, the transportation market represented by electric vehicles has grown rapidly and become the biggest driving force for the development of lithium electric market. As can be seen from figure 3, in 2011, the traffic market size was only 2.9GWh, accounting for 9.76%. In 2017, it was 64.6 GWh, more than 22 times that of 2011, with an average annual growth rate of 69.82%, accounting for 43.15%. It should be mentioned that the rapid development of the electric vehicle market, the production of defective batteries in the process of car battery production, part of the electric bicycle, electric tricycle and low-speed electric car and other transportation markets, directly drove the lithium electricity demand in these market segments.