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 - Industry Products Chapter
The two types of batteries produced by the Battery Manufacturing industry are primary batteries and secondary (rechargeable) batteries. The rechargeable segment has been growing over the past five years due to growth in high-drain portable electronics such as cellular phones and laptop computers. Rechargeable batteries have also become more popular during the period due to environmental concerns. Although many batteries can be recycled, consumers are still worried about disposal issues and continue to switch to rechargeable batteries. This trend is likely to continue over the next five years.
Primary batteries are also known as nonrechargeable batteries... purchase to read more