Journal of Power Sources, Vol.116, No.1-2, 32-39, 2003
The Asian battery market - a decade of change
The Asian battery industry will undergo significant change over the next decade as it adapts to the enormous economic and technological pressures of our rapidly changing world. Europe and North America in recent years have seen significant rationalisation in battery manufacturing capacity and ownership for a variety of reasons. Into the future, Asia will be no exception, but the rate and magnitude of change may conceivably be greater than that already experienced elsewhere. Rationalisation in battery manufacturing plants will occur as a result of the establishment of super plants to manufacture batteries in order to improve the economies of scale and to facilitate the heavy investment in new capital and equipment that will be required to supply the newer technology battery types. The impact of 42 V automotive systems and valve-regulated lead-acid (VRLA) batteries will be influential on this scenario. It is expected that China, Japan, South Korea, and Thailand will feature heavily in the future Asian battery scene at the expense of some established countries and producers. The current state of the battery industry in Asia, factors driving change in Asia, and the likely implications for those companies that are currently manufacturing batteries in Asia or considering a future role in Asia within the coming decade are examined in this paper. (C) 2003 Elsevier Science B.V. All rights reserved.