Page 13 - SEID 2021_23Sept

SINGAPORE ELECTRONICS INDUSTRY DIRECTORY 2020/2021
POWER ELECTRONICS
According to the Research and Markets, the global lithium ion battery market, valued at US$ 21,850.65 million in the year 2019, has been witnessing unprecedented growth in the last few years. Increasing demand from automotive sector and the demand for sustainable resource among the leading countries is one of the major reasons behind the increasing lithium ion battery market globally.
Research and Markets also projected that the global market for consumer batteries will reach US$50 billion by 2025, driven by the growing indispensability of batteries in the digital era of laptops, smartphones, tablets,
smart electronic wearables and digital cameras. As the most important portable power source, batteries are omnipresent in virtually every sector that utilizes electronic/electrical equipment, the report highlight.
Riding the wave for portable energy storage, Murata Manufacturing acquired Sony’s battery operations for US$156 million (S$ 211.5 million) in 2017 and injected another US$453 million to upgrade production sites in Singapore and China. Its Singapore plant produces more than half of its lithium ion batteries. To expand its market share and offer new battery line-ups, the company is leveraging on local capabilities to accelerate development and manufacturing of its latest innovations. Murata is collaborating
with Singapore universities, JTC, and EDB to test and develop its Smart Energy Management System in Singapore. One such project is a 200kWh energy storage system for an offshore integrated network of renewable energy resources at Semakau Land ll.
Battery maker Energizer was cited by NTUC Secretary-General Mr Ng Chee Meng for bringing in more advanced technology for its line machines. The United Workers of Electronics and Electrical Industries union worked with an institute of higher learning to curate a training programme for Energizer’s operators to improve their skills for the new machines.
Year
2016
2018
2018
Total
11,494.9
9,389
9,449.1
10,873.3
15,184.4
Manufacturing Output of Electronics Cluster, 2015-2019 (S$Million)
2015
89,925.1
2017 118.353.2
2019 124,941.1
100,925.8
91,915.8
Source: Economic Development Board
Fixed Asset Investment in Manufacturing by Industry Cluster, 2015-2019 (S$Million)
2015
2017
2019
327.5
1,086.5
395
Year
2016
50,301.4
57,371.4
85,337.5
Manufacturing
8,299.7
5,876.3
6,200.6
5,304.4
10,884.2
Electronics
3,264.8
2,231.7
2,114.9
3,088.3
4,590.3
19,049.6
16,071,7
15,957.9
15,336
16,210.1
Chemicals
3,622.7
1,259.1
1,316.9
214.2
4,891.3
Infocomms & Consumer Electronics
17,988.7
14,871.6
14,187.5
14,584.1
13,978.8
Biomedical Manufacturing
551.6
591.9
645.7
948.9
234.4
Other Electronic Modules & Components
Precision Engineering
44
426.9
640.3
157.4
470.4
2.585.3
2,810.6
2.870.3
2,643.8
2,836.3
Transport Engineering
489.1
1,143.9
396.3
700.9
302.8
91,125.2
133,489.6
General Manufacturing Industries
222.8
194.7
Source: Economic Development Board
Semiconductors
Computer Peripherals & Data Storage
Electronics Cluster
9