Dynamic tool market to brave the wind and waves

In recent years, the global electric tool market has accelerated its explosion, becoming one of the fastest growing market segments in the lithium battery application field.Industry data show that as early as 2020, global shipments of lithium batteries for electric tools reached 2 billion, and have maintained a compound growth rate of about 30% in recent years.

With the development and progress of technology, and the continuous growth of new application scenarios, electric tools increasingly show the development trend of miniaturization, lightweight and cordless.In 2011, cordless electric tools began to rise, and then its market size expanded rapidly. In 2016, it has occupied "half" of the electric tool market ", which also led to the rapid growth of the demand for lithium batteries.

As the penetration rate of cordless electric tools continues to climb, Markets and Markets, an international authoritative market research institute, predicts that the global electric tool market will reach $41.7 billion (about 265.5 billion yuan) by 2024.Another industry institutions predict that by 2025, there will be a global market demand for 5 billion lithium batteries.

From the perspective of the global market pattern, Europe and the United States have been the main market for cordless electric tools for a long time, and now it is infiltrating into emerging markets such as Asia. The high-end market share of cordless electric tool batteries is mainly occupied by a few large enterprises such as Beak, Ningde Times and Yamu New Energy

It is worth noting that, with the continuous enhancement of the technical strength of Chinese battery manufacturers in recent years, many domestic manufacturers have accelerated the introduction of the supply chain of foreign head enterprises with cordless power tools, highlighting the super strength of the increasingly powerful Chinese battery "army".

In May last year, mountain wood battery products covered power tools, garden tools and other product lines.According to battery China, Yammu new battery currently supply products for cylindrical high rate discharge series cells, can adapt to large rate charge and discharge, excellent cycle performance, and has good high and low temperature adaptability and all-round safety performance guarantee.

From the technical point of view, electric tools require relatively large discharge rate and current, but also have good vibration resistance, process requirements are relatively high, which is a great test of the technical strength of battery enterprises.In recent years, wood battery continues to increase investment in technology research and development, and continues to make breakthroughs in cell ratio, capacity, safety, cycle life and stability, so the products have been recognized by the international power tool production giants.

At present, the battery types used in electric tools are mainly cylinder, which is because the cylindrical battery process performance is stable, flexible size, convenient distribution, and the scale is also fast, so it has strong flexibility and adaptability in the diversified product form of electric tools.Due to the requirements of high power rate discharge and high energy density, the current market is basically occupied by three yuan, iron lithium batteries.

According to the introduction, high energy density, long cycle life, high ratio, fast charging, strong temperature adaptability and high safety, is the main performance advantages of mountain wood battery.Based on the application characteristics of the high ratio scenario and its higher requirements for the battery, The mountain wood battery has optimized and adjusted the high ratio cell in material selection, cell design, safety guarantee and customer application, running through the whole process of production and application.

"Shandong battery has been adhering to high quality development, continuous innovation, in order to meet the requirements of cordless application, scene diversification, toward higher energy density, greater charge and discharge rate, stronger kinetic energy direction, to provide an all range of power source for all kinds of intelligent terminal products."Mountain wood battery related responsible person said.