Market World Advanced Battery Technologies Market Analysis | Page 2

include sodium sulfur batteries, high-temperature lithium batteries, redox and flow batteries, Nickel-Iron
batteries, Calcium Metal sulphide batteries, sodium-chloride batteries and lithium sulfur batteries.
Future prospects with presence in the high-growth areas represent a potentially augmented market for the
advanced battery technologies. New variants of advanced batteries have been ushered in the market including
nickel-metal hydride and zinc-air prototypes. Microelectronic charger technology and battery charger control
technology and clean room technology have brought into focus, a new breed of batteries belonging to lithium-
ion and lithium polymer jeopardizing future prospects for Nickel-Cadmium (Ni-Cd) and portable lead acid
batteries.
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Advanced batteries are a notch higher than traditional batteries with limited applications and a sea of
opportunities exists for advanced battery technology market. With state-of-the art inventions such as lithium
phosphate, sodium phosphate and sodium Sulphur labeled as the new lithium-ion compositions, the current
crop of lithium-ion designs are biting dust. Giant sodium sulfur batteries are being commissioned by electric
utilities. 2008 and 2009 saw recessionary forces including lower gasoline prices that abruptly ceased the growth
of nickel metal battery-powered Hybrid Electric vehicles (HEV’s) with Chrysler and GM throwing in the towel.
Key industry players include GS Yuasa Corp, Johnson Control Inc, LG Chem Ltd, Panasonic Corp, Samsung SDI Co
Ltd and Sanyo Electric Co Ltd., ABSL power solutions Ltd and Advanced Battery Systems Inc., ALcad Ltd, all power
battery Ltd, American Electric power, Antique Auto Battery, Anzode Inc, Apple Inc, Applied Power Inc, Arotech
Corp, Hong Kong High Power Technology Ltd, Concorde Battery Corp, Covalent associates Inc, Magna
International Inc and Atlantic Battery Co Ltd.
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