The global large-and-advanced battery market totaled nearly $23.7 billion in 2014 and is projected to approach $30.9 billion by 2019, registering a compound annual growth rate (CAGR) of 5.5% through 2019.
The following established markets are considered in this report:
Motive power: traction, marine and aviation.
Portable product power: laptops, tablets, smartphones, hand tools and lawn care products, portable military/aerospace.
Stationary power: uninterruptible power supplies, emergency lighting, remote power, small-scale alternative energy storage.
Hybrid electric vehicles.
Large and advanced batteries will be used in the following emerging markets:
Utility load leveling and large-scale alternative energy storage.
Emerging military/aerospace applications.