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The Manufacture and Supply of Batteries and EMD
The strength of the automotive and independent power producer industries and strong energy security research and development activity continue to support growth in the battery manufacturing industry. There is significant opportunity for continued development on the back of increasing renewable generation and energy storage investment, partly to counter the increasing risk of an Eskom failure. In the past decade, the rechargeable lithium-ion battery market doubled on average every three years due to the increased usage of mobile phones, computer tablets and laptops.
New Growth Opportunities
Batteries powering electric vehicles are forecast to make up 90% of the lithium-ion battery market by 2025, and the energy storage demand side management and back-up power market is expected to increase significantly. The industry is in transition as new entrants, including traditional energy players, enter the battery industry, by providing charging services at forecourts and by investing in battery manufacture themselves. Technology advancements, fuel economy standards and incentives for zero- and low-emissions vehicles and tax incentives on energy storage are all driving industry growth.
This report focuses on the manufacture of batteries with information on the size and state of the industry and the factors that influence it. It includes comprehensive information on primary, lithium-ion, automotive and electric vehicle batteries, energy storage and giant and industrial batteries. There are profiles of nine companies including Metindustrial, the Metair division that includes First National Battery, the market leader. There are profiles of Probe Corporation, in which Thesele Group acquired 49.95%, major automotive battery manufacturer AutoX and household names Eveready, Energizer and Duracell.