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The prospects of the battery market

Battery products have become the most widely used secondary batteries due to their low cost, high voltage, and abundant raw materials, and are widely used in applications such as electric bicycles, electricity, UPS, lighting, and automobiles; Meanwhile, due to its mature technology and low price, no battery can completely replace it. The fact of stable market development in recent years irrefutably proves that lead-acid batteries have strong market vitality, resulting in prosperous production and sales, and a shortage of supply.

Among the numerous sub products of lead-acid batteries, valve regulated sealed lead-acid batteries are favored by the market due to their high-tech content and wide range of applications. In the past decade, the main application areas of VRLA batteries have been telecommunications, power, UPS batteries, and electric bicycle power sources. With the development of 3G communication both domestically and internationally, the sales of VRLA batteries in China have significantly increased. At the same time, the sales of small and medium-sized intensive batteries and renewable resource matching batteries for UPS and electric bicycles have also shown a significant growth trend. The following is a key analysis of these markets.

1. Electric bicycles

China is currently a major bicycle country in the world and will become a major electric bicycle country in the future. Most electric bicycles in China use "closed valve controlled batteries" as energy storage components, which are similar to the starting batteries in cars. In recent years, electric bicycles have become a hot spot in the market, with production doubling year by year and strong market demand. According to the statistics and estimates of the National Bicycle Industry Information Center, we can see this development trend.

At present, the total number of bicycles in China is about 500 million. Assuming 2% of people are willing to replace electric bicycles every year, there will be 10 million bicycles. Calculated at 500 yuan per group, the total amount is 5 billion yuan. According to the "Survey Report on the Development of Light Electric Vehicles in China" compiled by the Development Research Center of the State Council on June 5, 2006, the Chinese electric bicycle industry is currently in the initial stage of rapid growth in the industry cycle. It is estimated that sales in China reached 30 million vehicles in 2010. In 2007, the total sales of electric vehicle batteries in the market exceeded 10 billion. The battery of a battery car needs to be replaced every two years. With the increase in the number of battery powered vehicles, it is expected that the number of battery powered vehicles will exceed 70 million in 2008. The demand for battery maintenance and updates will significantly increase from 2008 to 2010, and the annual sales volume of maintenance and updates will exceed 20 billion units by that time. The development of electric bicycles can meet the transportation convenience needs of citizens commuting to and from work, and the price is also close to the affordability of ordinary working-class people. From a national perspective, it can solve the rapid expansion of urban transportation problems. It is more in line with China's national conditions than buying a car, and also has advantages in technology and environmental protection. For alternatives to lead-acid batteries, there will be no other batteries that can compete with them within 8-10 years.

2. Lead acid batteries are used for special vehicles

The future of special vehicles is very promising. Tourist cruise ships, electric elevators, electric sightseeing vehicles, tractors, golf carts, sweepers and other non road venue vehicles have a small activity radius, convenient charging, low cost, especially zero pollution, low noise, flexible and stable, and have obvious competitive advantages in specific regions. In China, about 80% of tractors and sightseeing buses still use fuel as their power source. However, with the strengthening of environmental improvement, relevant departments are considering replacing traditional cars with electric tractors and electric sightseeing buses. Taking Beijing as an example, there are about 100 fuel powered tractors at the Capital Airport, which have been successfully replaced for the Olympic bid

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