Industry Analysis & Industry Trends
The Battery Manufacturing industry has recovered strongly from the recession during the five years to 2014. Multiple companies that manufacture automobile batteries received government funding to expand their production capabilities and technology during the period, and rising demand for automotive batteries and improved consumer spending are expected to increase industry revenue. In the five years to 2019, the industry will contend with shifting downstream demand conditions. Demand from car and automobile manufacturing is expected to slow and appreciation of the US dollar and input material price hikes will stem export growth. However, Improving economic conditions are anticipated to spur consumer spending on electronics that require batteries, boosting demand for industry products... purchase to read more
Industry Report - Industry Locations Chapter
Proximity to downstream markets is an important competitive strategy in this industry. Companies often benefit from cluster formations as this facilitates access to new technological innovations. IBISWorld research indicates that in general, there is a concentration of companies near population and automotive hubs, as well as close to consumer electronics manufacturers.
The Southeast, which is the most populous region, is also the most significant location for companies in this industry, expected to account for 24.9% of industry establishments in 2014. This is due in part to major player Exide Technologies being headquartered in Milton, GA... purchase to read more