WORLD’S PORTABLE BATTERY BIZ GROWING
Advanced Batteries for Portable Power Applications; Alkaline, NiCd, Lead-Acid, NiMH, Magnesium Ion, Lithium, Ultracapacitors, and Other Battery Technologies for Consumer Electronics, Power Tools, Medical Devices, Down-Hole Drilling, and Defense Applications
3Q 2013 (Navigant Research)
"Portable devices have become an indelible part of the modern lifestyle, thanks to the pervasive presence of smartphones, laptops…tablet computers…power tools, medical devices, and defense systems…[A]n $8 billion industry has grown up over the last 20 years…[T]he lithium ion (Li-ion) sector…[dominates but] new chemistries are being developed…including magnesium ion, ultracapacitors, lithium sulfur, and lithium air. Many…promise advantages over today’s Li-ion batteries. Navigant Research forecasts that revenue generated by the sales of all advanced batteries for portable power applications will top $7.1 billion in 2013 and grow to over $12.4 billion by 2023…” click here for more
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