Latest news: Chinese enterprises account for two of the world's top ten lithium ion battery suppliers

China energy storage Press: in recent years, lithium ion battery has been the preferred technology of fixed storage project. Due to the advantages of low cost, energy density and the efficiency and safety, lithium ion battery becomes the first choice of many stationary energy storage systems (ESS) technology. At the same time, lithium ion batteries help electric cars and consumer electronics products energy storage market. The rapid growth of these markets enables suppliers make significant investment to develop economies of scale by decreasing the price of new production facilities. As lithium ion manufacturer's increasingly competitive global market, companies compete for market share, and invest heavily in terms of manufacture, research and development.

According to the market research firm Navigant research the latest market report, released the world's ten biggest lithium ion battery suppliers. Among them, South Korea's LG Chem, Samsung SDI and BYD ranked top three in China.

The first four to 10th Japan Panasonic, American ke kamm, Toshiba, French handsome ford (Saft), le krona xie (Leclanche), Canada (CATL) Electrovaya and  Ningde era.

Navigant research said that so far, according to a fixed battery energy storage market is the most successful company has a mature business of large enterprises, for electric cars and consumer electronics products lithium-ion battery. Although several market barriers may limit the growth in the short term, but Navigant research predicts 2026, the global lithium ion battery industry scale will reach $23.1 billion, this is a huge potential.

Market growth will be mainly distributed in North America, Europe and Asia, driven by regulatory changes and incentives prices enough to compete with retail prices. With the development of lithium ion manufacturing, the market will provide low cost and high performance of the system.

IanMcClenny Navigant research analyst, said: "with the outstanding product development and project developers, utilities, financiers/investors and powerful system components supplier relations of cooperation, has clearly of the world's leaders in the lithium ion battery market competition with other stand out of hand. We believe that the market leader in the next few years to launch a new generation of lithium ion battery."

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