With the rise of smart phones and tablet PCs and other emerging markets, the lithium battery industry has developed rapidly. In the future, with the further improvement of the production process and battery performance of lithium batteries, it will occupy the main market in the fields of energy storage batteries and power batteries. In the case of the global economy in general is hovering in the trough, lithium battery market still maintains a high growth trend.

According to the data, in 2016, China's lithium battery production reached 7.842 billion, an increase of 40%. 2016 China's power battery production reached 29.39GWH, more than the 3C battery production, becoming the largest consumer, power battery will be the largest driving engine of China's lithium battery in the next three years, the market focus to power applications.

New energy vehicles "big leap" type growth, driven by the prosperity of lithium battery. Related statistics, in December 2016, new energy vehicle production and sales reached 89,000 and 104,000 units, an increase of 23.3% and 59.4%. the end of the year, the car companies have to go to the inventory rush to make the market sales higher than the same month output. Compared with the same period last year, the growth rate also further narrowed, an increase of 16.8% and 23.5%.

The future lithium equipment industry will be driven by the growth of lithium battery industry, the whole line production cost reduction, domestic equipment share increased, the next three to five years, the scale of equipment demand will be significantly increased. 2016 power lithium battery shipments of 30.5Gwh, according to the Prospect Industry Research Institute released the "Lithium Battery Industry Market Demand and Investment Analysis Report," calculating that by 2019 the market capacity of lithium battery power 83.6Gwh, according to the average 1Gwh corresponds to 600 million yuan of equipment demand calculation, 2016 power lithium battery corresponding to the total value of the equipment for 18 billion yuan, and from 2019, power lithium equipment demand growth of 30 billion yuan.

New energy vehicle sales growth year by year, the demand for lithium batteries is also expanding. Driven by national policies, new energy vehicles have broad prospects for development, and as a core component of the lithium battery also ushered in the development of a great opportunity. In the next few years, the lithium-ion battery market size of the largest power to determine the growth will undoubtedly come from the electric vehicle market.