Lithium Battery Pretreatment Machine industry Grows with CAGR of 21.08%

A lithium-ion battery is a type of rechargeable battery that is charged and discharged by lithium ions that move between negative (anode) and positive (cathode) electrodes. (In general, batteries that can be charged and discharged repeatedly are called secondary batteries, and disposable batteries are called primary batteries.)

Lithium-ion batteries can store a large amount of energy, so they are used in a variety of applications, including home appliances such as smartphones and personal computers, industrial robots, manufacturing equipment, and automobiles.

Lithium-ion batteries have become the technology of choice for many applications, as analyzed by his Yole team in their 2021 Rechargeable Lithium-Ion Battery Industry New Status Report. As a result, it attracts a large number of stakeholders, including R&D labs, cell component manufacturers, cell and battery pack manufacturers, and system integrators.

The rapid development of lithium batteries will stimulate the steps of its upstream and downstream industries. The lithium battery pretreatment machine industry is one of them. The lithium battery pretreatment machine market has seen continuous growth in recent years. According to QYResearch, the global lithium battery preprocessor market is expected to achieve significant valuations by the end of the assessment year, reflecting a value of over US$8,162.8 million by 2028. The global lithium battery pretreatment machine market is projected to expand at a CAGR of 21.07% from 2022 to 2028 throughout the assessment period. This expansion is driven by increasing demand for consumer electronics, energy storage and power supply.

Electric vehicle sales are expected to increase significantly in 2021, and domestic lithium battery manufacturers will accelerate production expansion. The new capacity of major Chinese lithium battery enterprises such as CATL is estimated to be 94/161/188 GWh from 2020 to 2022, and the average growth rate of new capacity is expected to reach 40% in the next two years. Expected. Potential demand for new capacity exceeds 900 GWh.

Moreover, Europe is anticipated to be the fastest growing market due to heavy government investment during the forecast period. This is mainly due to the large markets of Germany, UK and France, which contribute significantly to global revenue generation. Several major battery and automakers have put forward clear plans to expand their power battery production capacity. In the next few years, Europe will become a major market for the expansion of power batteries. In 2020, EV sales in Europe totaled 1.4 million units, up 137% year-on-year, overtaking China to become the world’s largest market. Germany wants to increase its share of local her batteries in Europe to 30% by 2030, and potential demand for production capacity will exceed her 700 GWh.

Many proactive government policies promote the lithium battery industry and lithium battery pretreatment machinery industry.

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