Electrochemical cells, generically known as batteries, are used to save and transport electrical energy. These functions power storage and power portability make batteries essential to today's industrial and consumer-oriented society. Although simple batteries have existed for at least 200 years, the battery industry traces its roots to the early 1900s.
At that time, the commercialization of automobiles and radios created a demand for automotive (starting, lighting, ignition and generator) batteries and portable appliance batteries. These markets, characterized by primary (disposable) and secondary (rechargeable) batteries, remain the two areas where most batteries are consumed. Automotive batteries are a distinct secondary battery market subsection.
According to a recently published Business Communications Company, Inc. (www.bccresearch.com)  compilation RDBE01 Battery and EV Industry Review, the total sales for the U.S. in 2001 battery and battery-related markets was $10.4 billion, with a forecast to grow to $14 billion by 2005, resulting in a 7.8% AAGR (average annual growth rate).
Sales of portable batteries are not surprisingly the largest component of the U.S. battery market figures, forecast to reach $7.3 billion by 2005. The highest growth rate should occur in fuel cells (actually a battery-related product) with an impressive 37.3% per year growth rate on average during the 4-year forecast period.
This anthology keeps readers abreast of the rapid technology developments, which characterize the battery and EV technology industry. It covers breaking technology developments and industry news in:
Primary and secondary battery technology
Government and industry R&D
The EV market
Chargers and monitoring.
BCC's Industry Reviews assemble the major industry developments in one place. These data and news stories were obtained by our editors throughout the year and have been organized into areas of interest and supported by additional appropriate market and technical data, making it an excellent way to review the major industry trends.
RDBE01 Battery and EV Industry Review
Published: February 2002
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