Relevant statistics show that in 2012, the domestic production of cylindrical lithium battery reached 800 million AH, the market size reached 4.8 billion yuan, respectively increased by 45.45% and 34.45%.
From the perspective of growth momentum, the market size of Chinese cylindrical lithium battery showed rapid growth from 2009 to 2011, mainly benefiting from the improvement of automation rate of domestic lithium battery production equipment. The product consistency of cylindrical lithium battery improved rapidly, greatly increasing its use in notebook battery and mobile power market. This growth has been overtaken by polymer batteries.
In 2009, the market size of soft-pack polymer lithium battery in China was only 2.34 billion yuan, which doubled in just three years. Polymer materials are often used to make lithium batteries.
As of February 2013, there are about 120 companies producing cylindrical lithium batteries in China, whose annual sales volume exceeds 20 million yuan. The growth rate of cylindrical lithium battery is slightly slower than that of soft-pack lithium battery, but from the growth momentum, the development trend of cylindrical lithium battery is more stable.
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