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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Industry Products Chapter

Storage batteries

The storage battery product segment is expected to account for 55.4% of industry revenue in 2014. 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

Primary batteries are the other main industry segment, accounting for an estimated 33.0% of industry revenue in 2014... 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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