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
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 are the other main industry segment, accounting for an estimated 33.0% of industry revenue in 2015... purchase to read more