NORWALK, Conn.-The U.S. lithium battery market is expected to reach $2.7 billion in 2009, according to a forthcoming report from Business Communications Co. Inc.
The lithium battery market is estimated at $2.1 billion this year, said the report. Lithium batteries range from large units that power missile silos to tiny button cells.
Lithium-manganese dioxide cells have seen a 7-percent growth due mainly to increased portable product sales, including personal digital assistants and portable game systems. The market for rechargeable secondary lithium batteries, used in laptops, cell phones, PDAs and portable entertainment systems, was valued at $1.6 billion last year and is expected to grow to more than $2.1 billion by 2009, said the report.