With the booming development of mobile payments, POS terminals, essential payment terminals in industries like retail and catering, are attracting significant attention for their battery technology innovation and industry development. Recently, the POS battery industry has seen numerous new developments, injecting new vitality into the entire supply chain.
In terms of market size, reports indicate that the global point-of-sale battery market will reach 38.648 billion RMB in 2024, with the Chinese market reaching 10.705 billion RMB. The global point-of-sale battery market is projected to reach 73.338 billion RMB by 2030, with a projected compound annual growth rate of 11.27% during the forecast period. The increasing number of retail outlets and merchants' growing demand for secure transactions are driving the development of the POS terminal market, which in turn is driving the expansion of the POS battery market.
In terms of technological innovation, companies within the industry are continuously increasing their R&D investment, striving to overcome technical bottlenecks. To address the safety risks of traditional battery BMS systems failing to accurately control trickle charging when POS terminals are plugged in for extended periods, leading to "float overcharge" and thermal runaway. Some companies have developed a series of innovative technologies. Shenzhen Sunwind Energy Technology Co., Ltd. has also spared no effort in technological research and development. Its R&D team has conducted in-depth research on battery materials and structures, and has introduced several leading technologies. For example, the use of new electrode materials and optimized internal battery structure have significantly improved charge and discharge efficiency, effectively reducing the occurrence of "float overcharge" and significantly enhancing battery safety and stability, providing reliable assurance for the stable operation of POS terminals.
At the same time, battery performance is continuously being optimized to meet the diverse usage requirements of POS terminals. As the industry moves toward higher energy density, greater safety, reliability, and greater energy efficiency, many companies, leveraging their strengths in materials science and production processes, are continuously improving cell design, increasing energy density, refining electrolyte formulations, and employing advanced packaging technologies. This has significantly enhanced battery safety, stability, and cycle life.
Furthermore, green environmental protection is profoundly impacting the POS battery industry. An increasing number of new environmentally friendly materials are being incorporated into battery production, and some new lithium batteries utilize recyclable materials, reducing their environmental impact. Furthermore, innovative charging technologies are utilizing renewable energy sources like solar power for charging, reducing reliance on traditional electricity and aligning with the broader trend of sustainable development. Xinwei Energy Technology Co., Ltd. is closely aligned with this green environmental trend and actively incorporates new environmentally friendly materials into its battery production process. Some of its new lithium batteries utilize recyclable materials, significantly reducing the environmental impact of discarded batteries. Furthermore, the company is exploring technologies that utilize renewable energy sources like solar power for battery charging, striving to contribute to the green development of the industry.
With the introduction of new features like biometric payment and blockchain-based e-invoicing into POS terminals, the market will place higher demands on POS battery performance. Industry players will continue to increase R&D efforts, optimize technical specifications, and collaborate closely with POS manufacturers to drive the POS battery industry toward greater efficiency, intelligence, environmental friendliness, and user-friendliness, providing solid support for the continued prosperity of the mobile payment industry. Battery manufacturers, such as Shenzhen Sunwind Energy Technology Co., Ltd., will continue to shine in the industry's evolving landscape with their innovative technologies and products, leading the POS battery industry into a new stage of development and providing a continuous driving force for the steady progress of the global mobile payment industry.
