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 $119.3 billion in 2013, up 18.2% for the year. Annualized revenue growth is estimated at 20.3% over the past five years. Domestic demand is expected to total $112.9 billion in 2013, up 17.4% 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 5.6%.... purchase to read more
Industry Report - Industry Products Chapter
The storage battery product segment is expected to account for 55.2% of industry revenue in 2013. Storage batteries are also known as secondary batteries or rechargeable batteries and are used in portable electronic products such as cell phones, laptop computers, and household goods. This segment is expected to gain additional market share in the future in line with the development of such products, and as environmental concerns drive up demand. The wasteful nature of primary batteries and concerns about the safe disposal of these batteries after use have spurred advances in storage battery technology.
Primary batteries are the other main industry segment, accounting for an estimated 33.2% of industry revenue in 2013... purchase to read more