Jun 18, 2020 Pageview:1245
As electronic devices are becoming more portable day by day, the technology that is used to power them is also advancing. This advancement in the technology of batteries has revolutionized the world.
But there is one problem with these batteries. That is the price factor of these batteries. As these batteries are widely used in all different kinds of power requiring products. The manufacturers charge a good amount for thee batteries. This is because they are produced in many different shapes and sizes.
Right now, these are the best power options for portable devices. Their long life and versatility in the shapes and sizes add a lot to their practicality. But their cost is one factor that stops most people from getting a rechargeable long-life battery for their product.
In this article, we will discuss in detail about the cost of different qualities of lithium batteries. We will also discuss the future of this technology and its pricing trends.
How much a lithium battery cost?
There are many different types of lithium batteries and their cost depends on their form factor. Other than the form factor, their price depends on the usability of that size. Here we will discuss the price range of some famous shapes and sizes of these batteries.
3.7-volt round cell battery
This is the most commonly used type of this battery. It is used in toys and flashlights, but the main application of this battery is in the form of 18650 battery cells. These cells are so widely used that they are present in almost every house.
They are used in various appliances like laptops, drills, cars, etc. They are also available in many different qualities. You can get one battery for $1 or even less from some sellers. But this is the price of the lowest quality battery. A good quality battery can cost more than this.
3.7-volt flat battery
This type of lithium battery is used in appliances like cord-less landline phones, rechargeable toys, and mini Bluetooth speakers too. The main purpose of these batteries is to reduce the weight, and this is the reason that they can be charged $2 for a single battery. This is almost double as compared to the round cell type.
12-volt battery
This type of battery is used in the appliances where weight is not a huge concern, but battery timing is concerned. This is also widely used in different products like rechargeable fans and lights. You can get a normal capacity size battery starting at $10 or $20 and the price increases as you increase the capacity.
These were some of the most famous and widely used types of lithium batteries.
Will lithium batteries become more and more expensive?
Talking about price, we can say that the speed of advancements in the world of technology is very fast. If we take a look at the appliances from the times before 2000, we can see that they consumed a lot of power and they were very expensive as well.
If we look at the two major industries that use these kinds of batteries, we can surely deduce some results that can tell us about the future of the price trends of the lithium batteries.
Mobile phone industry (portable devices)
Looking at the past and comparing the prices and applications. We can say that in the past, devices were produced in less amount and they were very costly. Now the devices are produced in huge quantities and so are their parts. This has given rise to the fact that now the prices are becoming cheaper.
This is because in the early times, products and their parts were made is small quantities, the prices were higher. But now the opposite is happening because making the same thing, again and again, reduces the cost.
Additionally, as things are cheaper now, almost everyone affords to buy these products. This also plays an important role in the price reduction of these products in the future.
Automobile industry (electric vehicles)
If we look at the automobile industry, more people are looking to buy electric vehicles. This has 2 major reasons:
1.These cars are best for their budget.
2.These cars are best for the environment.
People are now getting more aware of the fact that the older technology cars are not good for the world. This has made many people shifting towards fully electric vehicles. People also like the fact that it is better for their budget as electric cars need minimal maintenance.
In some of the developed countries, people have willingly started buying these electric vehicles. And if we compare the trends from the earlier times, we can deduce that electric cars are the future of the automobile industry.
What will be the price-trends in the future?
Looking at our deductions, we can say that as the world of technology is advancing, the use of these batteries will surely increase in the coming decades. This is because people are loving the innovation and they want their belongings to be more portable, practical, environmentally friendly, and budget-friendly.
Where can you buy a good lithium battery at a cheap price?
If you want to buy lithium batteries at a good price, there is only one answer to all your needs. That is online shopping. You must look for the battery that you require and search for it online. Many Chinese websites and sellers offer wholesale rates. Here you can be at a great benefit.
Especially in this time of global pandemic, you must refrain from going to local markets for buying stuff.
Conclusion
In the article above, we discussed in detail that how will the industry affect the pricing trends if the lithium batteries in the future. There were some deductions made that were based on our point of view on the usage of the batteries in different industries.
The usage and production methodologies were compared with the past decades while making those deductions. We also provided a general idea about the pricing of some of the most famous forms of lithium batteries and the best places to buy them.
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