Trends In today's society, lead-acid batteries are used in a wide range of applications, including but not limited to starting cars and motorcycles, communication equipment, new energy systems, power supply, and as part of automobile power batteries. These diverse application areas make the demand for lead-acid batteries continue to grow. Especially in the new energy vehicle market, lead-acid batteries occupy an important position due to their stable energy output and high safety.
From the perspective of output, China's lead-acid battery output in 2021 will be 216.5 million kilovolt-ampere hours. Although it has decreased by 4.8% year-on-year, the market size has shown a year-on-year growth trend. In 2021, China's lead-acid battery market size will be approximately 168.5 billion yuan, a year-on-year increase of 1.6%, while the market size in 2022 is expected to reach 174.2 billion yuan, a year-on-year increase of 3.4%. Specifically, start-stop and light vehicle power batteries are the main downstream applications of lead-acid batteries, accounting for more than 70% of the total market. It is worth noting that in 2022, China will export 216 million lead-acid batteries, a year-on-year increase of 9.09%, and the export value will be US$3.903 billion, a year-on-year increase of 9.08%. The average export price will remain consistent with 2021, at US$13.3 per unit. Although lithium-ion batteries are becoming increasingly popular in the field of electric vehicles, lead-acid batteries still occupy a major share in the traditional fuel vehicle market. Its advantages of affordability, low cost and reliability ensure that lead-acid batteries will still maintain a certain demand in the automotive market.
In addition, lead-acid batteries play an important role in the UPS market to provide power backup and stable output. With the advancement of digitalization and informatization, the size of the UPS market is showing a growth trend, and lead-acid batteries still have a certain market share, especially in small and medium-sized applications.
The development of solar energy storage systems has also promoted the demand for battery technology. As a mature and reliable technology, lead-acid batteries still have a certain market share in small and medium-sized solar energy storage systems. Although lithium-ion batteries are more competitive in large-scale solar energy storage systems, lead-acid batteries still have market demand in some specific application scenarios, such as rural power grid construction. Overall, although the lead-acid battery market is facing competition from emerging technologies, it still has certain market prospects in some specific areas. With the development of new energy fields and continuous technological innovation, the lead-acid battery market may gradually develop towards high performance, long life and environmental protection.
Post time: Jan-19-2024