China Lithium Battery Equipment Industry 2014-2016-Market Growth, Size, Share and Forecast

Albany, NY -- (SBWIRE) -- 07/18/2014 -- Lithium battery equipment manufacturing started late in China, although a batch of professional manufacturers have sprung up in succession, the technology of homemade equipment is still less advanced and automated, and some large battery manufacturers have to import equipment from abroad. By contrast, in countries such as Japan and South Korea with excellent basic mechanical processing capacity, lithium battery equipment manufacturers have clear-cut division of labor and accumulation of technological advantages, thus gaining higher share in the Chinese lithium battery equipment market. In 2013, Hirano Tecseed and Kaido MFG accounted for 12.1% and 10.6% of China’s lithium battery equipment market, ranking first and second, separately.