IHS Chemical Week

People & Business :: Energy and Feedstocks

Battery Technology Market to be Worth $11 Billion in 2014

6:53 AM MDT | April 16, 2010 | Alex Scott

The global market for large and advanced battery technologies was worth an estimated $8.2 billion in 2009 and will increase at a compound annual growth rate of 6% to almost $11 billion in 2014, according to the findings of a report by BCC Research (Wellesley, MA). The largest segment of the market relates to batteries for advanced portable products such as laptop computers, portable hand tools and lawn care batteries. Sales from this segment are forecast to increase at a CAGR of 4% to $3.7 billion in 2014, up from about $3.1 billion in 2009.   Advanced...

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