China's lithium new energy industry has entered a stage of rapid development!
Benefiting from the rapid development of domestic new energy vehicles and digital, energy storage, small power market drive, China's lithium new energy industry has developed rapidly, and has now entered the medium stage of the development and growth period of the lithium industry (2010-2030), and the market size has grown rapidly.
From the specific application field, new energy vehicles, 3C digital field, energy storage, small power and power tools are the main downstream application markets for lithium batteries.
New Energy Vehicles
The proportion of lithium battery demand for new energy vehicles continues to increase, accounting for 56% in 2020.
01
Two-wheelers
Lithium batteries for two-wheelers in the overseas two-wheelers market demand driven by the shipment growth reached 78%.
02
Energy Storage
Driven by overseas market demand, the export of lithium energy storage batteries increased, driving the shipment of lithium energy storage batteries to increase by 71%.
03
3C Digital Field
The downstream market is becoming more mature, and the growth of 3C digital market is flattening.
04
Power Tools
TTI and other mainstream power tool enterprise industry chain transfer to China, driving power tool shipments increased by 124%.
05
In summary, several major downstream application areas of lithium batteries are still growing rapidly, such as the new energy vehicle market, energy storage market, etc., and will maintain a compound annual growth rate of more than 30% in the next few years. Driven by strong demand in the downstream market, lithium battery market shipments will also maintain a rapid growth momentum in the next few years.
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