Huge Growth Seen for Large-capacity Li-ion Batteries in Japan. Fuji Keizai Co Ltd, a Japan-based research firm, announced the results of market research on large-capacity secondary batteries used in large products such as electric power tools, power-assisted bicycles, automobiles and power storage systems, as well as on the materials used in the batteries. The research covers 35 products in four areas, automobiles/transport machines, power storage/load leveling, home appliances/DIY tools and industrial machines/machine tools. According to Fuji Keizai, the Japanese domestic market for large-capacity secondary batteries is expected to reach ¥313.6 billion (approx US$3.18 billion) in fiscal 2008, an increase of 3.2% year-on-year. It forecasts that the market will total ¥532.1 billion in fiscal 2014, an increase of 69.7% compared with fiscal 2008.
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