SEMI Smart Mobility Forum 2021
- Wuhu, China
- Tradeshows & Conferences
PLUGGING INTO THE FUTURE’S BATTERY AND ENERGY MANAGEMENT TECHNOLOGIES
FROM THE INITIAL SPARK TO BATTERY DISMANTLING AND RECYCLING - Battery technology – and energy management in general – is currently undergoing a bit of a revolution, particularly in the electric vehicles (EV) industry. At Yole Group, we’re continuously keeping track of current and future challenges at both the systems and grid levels: from solid state battery emergence to battery production capacity and energy storage optimization, all the way to lithium-ion battery dismantling and recycling. We are here to identify the latest innovations and business opportunities – all in service of achieving your objectives as a manufacturer or integrator on the battery market.
Batteries are very interesting and complex modules: multiple technologies are under development to increase the specifications (new Li chemistries, solid state batteries that are becoming more and more relevant…) even if Li-ion batteries are leading the market in a very strong way. In addition to the battery physics and chemistry, the battery management system (BMS) is a critical part of the battery itself, in order to assure smooth operation, long lasting performances and avoid any issues. Closely following these (r)evolutions at batteries and BMS level, not to mention the competing technologies, Yole Group can provide you with insights into what is paving the way for the future of the battery industry. As the urgency of the climate crisis becomes even more prominent, semiconductor advancements hold the answer to transitioning to a renewable fueled world.
Semiconductor advancements have far-reaching benefits influencing several industries. When it come to electric Vehicle (EV) batteries for example, this trend is not much different. Until recently, those batteries were large, costly as well as inefficient. However, these challenges are being addressed with the emergence of multiple semiconductor devices that can operate at higher voltage, higher temperature, more difficult environments…
The semiconductor content of battery systems, as well as the use of semiconductor processes to build batteries, is driven by lithium-ion and, increasingly, sustainability requirements.
Consumer electronics have been the initial driver behind lithium-ion (Li-ion) battery sales. smartphones, laptops and other digital devices continue to be adopted (and replaced) worldwide. The declining price of Li-ion batteries is set to be one of this market’s main development opportunities in the coming years. This will have to be balanced against finite resources and the small number of countries where battery production and key materials is concentrated.
Changes in battery specification, and the need to make the battery industry sustainable are also pushing the new technologies and investment that will help you deliver on your promises. Recycling of end-of-life batteries can also provide an opportunity for the battery recyclers to recover the valuable materials which make up the battery.
At Yole Group, we help you understand the holistic industrial environment of batteries in all their potential uses. We address both the battery and energy management system markets across lithium-ion and solid-state technologies, as well as emerging solutions. In addition to monitoring all semiconductor-related activity, we specifically focus on the life cycle of batteries, helping you understand the recycling process leading to their second life.
Through Yole Group’s battery activities we offer deep insights into the rechargeable Li-ion battery market, covering the three main application segments: consumer electronics, electric mobility, and stationary energy storage. We estimate battery demand data and market value for various Li-ion battery applications.
Our analyses cover different Li-ion chemistries and their future applicative potential. Our expertise also includes cost analysis and main challenges of various types of Li-ion batteries.
The main technologies with battery cell materials, formats, sizes, and cell components as well as battery packs are also deeply investigated. Behind technologies, we have the capability to detail the Li-ion battery supply chain, ranging from raw material supply, cell components, and manufacturing/testing equipment to battery integrators in different applications and battery recycling companies.
Consumer electronics, e-mobility and stationary battery energy storage are just a few of the specialized, high-end applications that made Li-ion rechargeable batteries the technology of choice. Research and development labs, material suppliers, cell component developers, battery pack manufacturers and system integrators are all poised to improve their performance across multiple industries and applications.
Battery use and technology trends are now shifting to include larger form-factor batteries. This is especially true for electric vehicles (EV) and stationary storage, and the higher demand has catalyzed new supply chain dynamics for the materials used to make Li-ion batteries.
Sales and production of EVs continue to accelerate globally, and the double-digit annual growth expected over the next decade will strongly impact the battery market. And while the electric vehicle (EV) segment is driving the greatest and fastest growth in battery technologies, electricity production, grid management and sustainable energy systems are other areas showing strong innovation.
Overall, the global Li-ion battery market is estimated to top off at over $100 billion in 5 years, with battery energy demand projected to reach over 60 GWh.
Several players are eyeing on this opportunity, but major ones remain LG Energy Solutions, CATL, Panasonic, BYD, Samsung SDI and SK Innovations. They do represent over 90% of the market.
Automakers and other mobility players continue to announce electrification strategies as electric vehicle (EV) growth is being driven by a number of interwoven factors such as rising fuel economy regulations, various governments’ CO2 emission reduction targets, the need for cleaner air in cities and quota systems implemented by government agencies in emerging economies.
Over the past few years, government action has been matched by a flurry of investment in battery technology developers and battery pack manufacturers. Today, there are many gigafactory facilities in the pipeline across major automotive manufacturing regions in Asia, Europe and northern USA. The rising demand for Li-ion batteries has led to major battery cell suppliers – along with startup EV battery suppliers – to increase their battery production capacity.
EV manufacturers including Tesla, Volkswagen Group, BMW, General Motors and Ford are also investing billions of dollars to secure raw materials (in short, their lithium supply), diversify suppliers and expand Li-ion battery and battery pack production. These major players are devoting part of their focus to mining lithium and to the production of electrolyte and cathode materials.
Stationary storage applications continue to be propelled by the deployment of renewable sources and new demand on batteries to serve as an energy buffer in EV/HEV charging stations. Residential battery storage systems are also in growing demand thanks to residential photovoltaic installations that generate electricity for home use.
Management and storage of electricity in the grid, from production to point of use, is another area of strong growth in batteries and battery management systems. Trends toward renewable energy production requires the storage of such energy to make it readily available when the sun or wind aren’t on hand to produce the electricity houses, industries and cities need.