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Battery Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Battery Manufacturing Market Research Report | NAICS 33591 | Apr 2015

Charging forward: Fuel efficiency trends will increase demand from automakers

IBISWorld’s Battery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 10-15
1.7%
Annual Growth 15-20
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Profit
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Employment
26,073
Businesses
140
Industry Analysis & Industry Trends

The Battery Manufacturing industry has faced stiff international competition over the five years to 2015. Nevertheless, the proliferation of mobile devices and the strong recovery of the automobile manufacturing sector have underpinned moderate growth, even as domestic demand for nonrechargeable batteries used in consumer electronics has increasingly been satisfied by low-cost imports. This pricing pressure has exacerbated the challenges posed to industry operators by volatile input prices over the past five years, constraining profit margins. Going forward, automakers will continue to be a primary source of industry revenue growth, especially as these manufacturers ramp up production of hybrid-electric vehicles... purchase to read more

Industry Report - Starting a New Business Chapter

The large players in this industry are well established, with a wealth of technical and market knowledge acquired over decades of operation. Newcomers, usually having a lack of experience, will find it difficult to enter an industry that is well established and involves a product where the pace of technical innovation is rapid. The need for ready access to the latest knowledge, machinery and skilled staff is paramount, but equally time-consuming to establish.

The capital investment requirement is high for this industry, illustrating the reliance of battery manufacturing on machinery. Therefore, capital startup costs are relatively substantial. On top of machinery, new entrants will also have to attract skilled workers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Battery Manufacturing Industry?

This industry manufactures storage and primary batteries. Storage batteries are also known as secondary or rechargeable batteries. Primary batteries are nonrechargeable batteries. Industry products have a variety of uses in cell phones, medical equipment, households and the automotive and transport sectors.

Industry Products
Primary batteriesSecondary lead-acid batteriesSecondary (excluding lead-acid) batteries
 
Industry Activities
Alkaline batteryAutomobile battery Lead-acid storage battery Nickel-cadmium storage battery Alkaline manganese primary battery Flashlight battery Lithium battery Transistor radio battery Watch battery Zinc-carbon battery


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