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Battery Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Battery Manufacturing Market Research Report | Apr 2014

IBISWorld’s Battery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$125bn
Annual Growth 09-14
18.6%
Annual Growth 14-19
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Profit
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Employment
693,217
Businesses
1,292
Industry Analysis & Industry Trends

The Battery Manufacturing industry in China is dominated by foreign-funded companies. More than 50.0% of the assets of the industry's large-scale enterprises are owned by joint ventures or foreign enterprises, including ones based in Hong Kong, Macau and Taiwan. Japanese capital accounts for the majority of the industry's foreign capital.

Industry revenue is set to total $125.5 billion in 2014, up 8.7% for the year. Annualized revenue growth is estimated at 18.6% over the past five years. Domestic demand is expected to total $121.4 billion in 2014, up 8.5% from the previous year.

Battery imports have declined as more foreign firms set up manufacturing facilities in China and their output becomes part of domestic production. Imports are expected to account for 5.3%.... purchase to read more

Industry Report - Starting a New Business Chapter

Initial costs

The need to invest in large and efficient manufacturing facilities can discourage competitors from entering the industry. Even minimum-scale requirements in the industry necessitate large capital outlays. The high costs associated with the construction of facilities can act as a significant deterrent to entry.

Technical expertise

As existing firms have technical expertise, skilled workers and advanced technology, it can be difficult for new firms to establish the production processes to enter the industry.

Environmental regulations

Due to the hazards, materials, and waste that firms in this industry produce, local and provincial governments require environmental approvals to operate in the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Battery Manufacturing Industry?

The Battery Manufacturing industry comprises businesses that manufacture batteries and similar devices. A battery is an electrochemical device that provides a direct-current voltage source via chemical energy that can be converted into electrical energy. Key product segments include primary batteries and storage batteries.

Industry Products
Storage batteriesPrimary batteriesOther batteries
 
Industry Activities
primary batteriesstorage batteriesother batteries, including solar batteries


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