Briefly describe the development prospects of lithium batteries in the field of power tools

by:CTECHi     2021-07-25

The development prospects of lithium batteries in the field of power tools. The power tool lithium battery industry trend research report investigates and analyzes many factors that affect the market operation of the power tool lithium battery industry, grasps the market operation law of the power tool lithium battery industry, and predicts the future development of the power tool lithium battery industry prospect. The main trend in the power tool market is that, due to the many advantages of lithium batteries, lithium batteries are gradually replacing nickel-cadmium batteries. Compared with nickel-cadmium batteries, lithium batteries are lighter, more efficient, and have a larger capacity. Because of these advantages, lithium batteries have become the first choice for end users in the power tool market. According to relevant data on the development prospects of lithium batteries in the field of power tools, the market for cordless power tools in 2017 exceeded US$15 billion (approximately RMB 101.7 billion). According to CAGR 6.6%, the market for cordless power tools will exceed 18 billion in 2020. US dollars (approximately RMB 122 billion). The use of lithium batteries in power tools has grown from 3 strings to 8-10 strings, and the number of applications has doubled. Therefore, the future growth potential of the lithium battery market for power tools is huge. Energy storage lithium batteries learned that the current domestic market for domestic cordless power tools accounts for about 1/3. Lithium battery applications are mainly domestic manufacturers, but they still account for less than 30% of the global market, and the penetration rate is relatively slow. As the world's largest market for power tools, the North American market accounts for more than half of the cordless power tool market, and the penetration rate and replacement rate are still accelerating. At present, the top-ranked power tool companies in the world occupy a larger market share in the field of cordless power tools. In addition, the international power tool giants are turning to lithium batteries, which may bring greater market development opportunities for domestic lithium battery manufacturers. . The consensus in the industry is that only lithium battery companies with leading technology, strong Ru0026D capabilities, excellent product quality, and guaranteed supply capabilities can have the opportunity to enter the supply system of large international power tool manufacturers. Once the supply relationship is confirmed, changes will not be easily made in the short term, and lithium battery companies entering their supply chain will maintain a stable market share for a certain period of time. Power tool lithium battery industry trend research report 1) Analysis of the characteristics of the development trend of the power tool lithium battery industry. Through the analysis of the factors affecting the development of the power tool lithium-ion battery industry, the general operating trend characteristics of the future power tool lithium-ion battery industry are summarized; 2) The production development and change trend of the power tool lithium battery industry are predicted. The forecast of production development and its changing trend is a forecast of the supply of commodities in the market and its changing trend; 3) forecasting the market capacity and changes of the power tool lithium battery industry. Comprehensive analysis of the adjustment of production technology and product structure of the power tool lithium ion battery industry during the forecast period, and forecast the demand structure, quantity and change trend of the power tool lithium ion battery industry 4) Forecast the market price changes in the lithium battery industry for power tools. The price of inputs and the sales price of products in the production of an enterprise are directly related to the profitability of the enterprise. In the forecast of commodity prices, it is necessary to fully study the changes in labor productivity, production costs, profits, the development trend of market supply and demand, the changes in currency value and currency circulation, and the impact of national economic policies on commodity prices. People in the industry generally believe that despite the large market space and profits for power tools, international giants have higher threshold requirements for the technology, development capabilities, and capacity supply of enterprises in the selection of power tool batteries. With the scale of heavy technology, it will promote the rapid development of the lithium battery industry, which will promote the extension and integration of the lithium battery industry, which is to achieve a win-win cooperation with the market. The rapid development of lithium batteries has resulted in more standardized and automated industrial chains, especially in the field of electric tools.

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