Overall sales in the lithium battery market were worth $9 billion in 2008, and decreased to $8.6 billion in 2009. By 2014, sales are projected to increase to $9.9 billion, for a 5-year compound annual growth rate (CAGR) of 2.8%.
The largest segment in the market, the secondary, was valued at $7.9 billion in 2008. This is expected to decrease to $7.5 billion in 2009, and is projected to reach more than $8.6 billion in 2014, for a 5-year CAGR of 2.9%.
Sales in the primary lithium battery segment were worth $1.1 billion in 2008, and were to remain flat in 2009. By 2014, they are projected to increase to $1.3 billion, for a 5-year CAGR of 2.7%.
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