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<2024 new edition> Technology Status and Outlook of Battery Management System (BMS) for EV/ESS  (Battery condition (SOx) estimation technology and AI-linked next-generation BMS technology)    As the demand for eco-friendly energy increases and high fuel efficiency means of transportation are expanding due to high oil prices, EVs, PHEVs, HEVs, E-Bikes, E-Scooters, etc. are gaining popularity, and existing lead-acid batteries and Ni-MH are being replaced with L

2024.05.24

<2024> Global ESS Market Outlook (~2035)On Jan 26, LG Energy Solution unveiled its forecast on the ESS market in 2024 at the Earnings Conference Call, expecting the market to see more than 30% YoY growth.  Although the ESS market has slowed down due to a series of accidents in the past, ESS is an area still expected to take up the biggest portion in the LIB market, next to electric vehicles. Battery makers in Korea are already aware of that and prepare for future developments in

2024.01.26

<2023> Mitigation/ Prediction/ Diagnosis of Battery Degradation, Technology Status and Related Companies    Battery degradation is the root cause of performance degradation of batteries. High-capacity and high-power batteries in particular require deep understanding about the degradation because its performance gets worse due to severe degradation.   Currently, concerning the degradation, development of diagnosis technology for waste batteries and fast char

2023.03.27

<2022.2H> Global Mid-to-Long Term Outlook by LIB Application (~2030)             1.1 Mid-to-Long Term Outlook for Global LIB Market  (~2030)      1.3 Mid-to-Large LIB Market (xEV)     1.5 Outlook for LIB Price (IT, xEV, ESS) 2. Status and Outlook for LIB Demand (~2030)            IT Market        &nb

2022.10.25

<2022> Global Outlook for Expansion of LIB Production Lines (~2030)​  Recently we’re hearing news about expansion plans of production capacity from secondary battery companies almost everyday.   LG Energy Solution has already announced three more expansion plans this year (GM joint-venture factory, Arizona cylindrical-type production plant, and Stellantis join-venture factory). SK On and Samsung SDI also recently announced that they will build joint-ventu

2022.05.10

 <2022.1H> Global ESS Market Outlook (2019~2030)    The environmental policies upheld by the Biden administration has led to an expectation for high growth of ESS mainly in the North American Market. Meanwhile, China, which has implemented its own environment policy focusing on the expansion of EV distribution, recently announced its 14th 5-year plan with the goal of achieving carbon neutrality. The plan lays out the Chinese government’s intention to mandate the

2022.02.21

<2022.1H> Global Mid-to-Long Term Outlook by LIB application (~2030)With the implementation of green policies across the globe, the commercialization of LIB (Lithium-ion Battery) has been changing the current of the times at a rapid pace. The mid/large-size LIB markets have already begun to grow in earnest in the xEV and ESS areas, with continuous growth expected in future with the goal of achieving carbon neutrality and finding ways to effectively use electric power. Along with the E

2022.02.16

<2021.2H> Global ESS Market Outlook (2019-2030)      It has been two years since the unprecedented virus called COVID-19 spread around the world, and now, the whole world is in the preparing period to return to the normal situation along with the COVID-19. So far, several fields, including politics, economy, and culture, have received a great damage, and it was the time when sectors that recorded degrowth were more than those that continuously grew.  &nbs

2021.11.03

<2021.1H> Global ESS Market Outlook (2019-2030)    A year has passed since COVID-19, the unprecedented virus, spread all over the world. Various fields such as politics, economy, and culture have suffered a heavy blow, and there were more fields that recorded degrowth than those that continued to grow.ESS is considered as one of the few fields that continue their growing trend in current situation. This is because, regardless of COVID-19, the policies of each government to e

2021.03.25

<2020.2H> Global ESS Market Outlook (2019~2030)   Globally, the ESS market in 2020 will be slightly lower than the previous forecast due to the COVID-19 effect. Yet, the growth trend of the ESS market is expected to continue because countries are focusing on expanding and optimizing new renewable energy to solve environmental issues.‘Global ESS Market Outlook’ contains new predictions of the ESS market in each sector which have been impacted by variables such as COVID-19. The

2020.06.24