Last year, 11.0 GWH of global lithium batteries for power tools were shipped, 80% of which were consumed in Chinese factories

Lithium battery has experienced the replacement of nickel cadmium battery and then to nickel hydrogen battery. From the perspective of market scale, the global market scale of lithium battery for power tools will reach 9.310 billion yuan in 2019, and the market scale of lithium battery for power tools in China will reach 7.488 billion yuan.

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Recently, evtank, a research institution, jointly released the white paper on the development of China’s power tool industry (2020) in conjunction with Ivey Economic Research Institute. In the white paper, evtank conducted a detailed research and Analysis on the shipment volume, market scale, competition pattern of power tool enterprises, export situation of electric tool enterprises, and battery conditions for electric tools, and made a detailed study and Analysis on the major domestic products The benchmarking analysis of electric tool enterprises is carried out.

According to the white paper released by Ivey Economic Research Institute, with the development of cordless power tools, the number of cells required for a single electric tool is also increasing, and the shipment of lithium batteries for electric tools has been growing rapidly. In 2019, the global lithium battery shipment of power tools will reach 11.0gwh, with a year-on-year growth of 25.0%, and the demand for lithium batteries in China’s power tool market is 8.8gwh, with a year-on-year increase of 25.7%.

According to the white paper, lithium batteries have experienced the replacement of nickel cadmium batteries and then to nickel hydrogen batteries. In terms of market scale, the global market scale of lithium batteries for electric tools will reach 9.310 billion yuan in 2019, and the market scale of lithium batteries for electric tools in China will reach 7.488 billion yuan.

Wu Hui, general manager of Research Department of Ivey Economic Research Institute, said that lithium batteries for power tools require rate performance, so their threshold is higher than ordinary energy type batteries. For a long time, batteries for power tools in the world have been occupied by Samsung SDI, Panasonic, Murata, LG and other Japanese and South Korean battery companies. However, in recent years, Chinese enterprises such as Yiwei lithium energy, Tianpeng, haisida and other enterprises have begun to be in large quantities The market share of domestic battery enterprises in high rate lithium battery for power tools in the world is gradually increasing.

Wu Hui said that at present, the main batteries for electric tools are cylindrical 1.5Ah and 2.0ah. Overseas battery companies have already supplied 2.5ah tool batteries in large quantities. Chinese battery companies such as Yiwei lithium energy will also supply 2.5ah batteries in 2020. It is worth noting that ATL and other soft package battery enterprises are also trying to use their soft package cells in the field of power tools.

In the white paper on the development of China’s electric tool industry (2020), Ivey Economic Research Institute has made a detailed analysis on the basic attributes and industrial chain of electric tools, the global shipment volume and market scale of different types of electric tools, China’s different types of power tools shipment and market size, the regional and enterprise competition patterns of the electric tool industry, and the export situation and export situation of the electric tool industry The export amount and regions, the products and business situation of key power tool enterprises, and the business situation of main power tool battery suppliers are analyzed in detail, and the power tool industry in the next five years is prospectively analyzed and predicted.

 


Post time: Sep-11-2020