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
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.
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.
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