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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 2015

IBISWorld’s Battery Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$128bn
Annual Growth 10-15
10.5%
Annual Growth 15-20
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Profit
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Employment
698,376
Businesses
1,329
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 $128.1 billion in 2015, up 3.7% for the year. Annualized revenue growth is estimated at 10.5% over the past five years. Domestic demand is expected to total $121.4 billion in 2015, up 3.8% from the previous year.

Growth in battery imports has slowed as more foreign firms have set up manufacturing facilities in China, enabling their output to become part of domestic production.... 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 2015. 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 2015... 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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