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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 | Jul 2016

Charging forward: Fuel efficiency trends will increase demand from automakers

The Battery Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 11-16
-1.9%
Annual Growth 16-21
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Profit
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Employment
27,119
Businesses
150
Industry Analysis & Industry Trends

Products made by the Battery Manufacturing industry are used in nearly every US household and in everything from cars, motorcycles, cell phones, and lawn mowers. Economic recovery over the past five years and falling fuel prices have encouraged consumers to purchase new automobiles, which led to increased demand from automobile manufacturers for secondary batteries. However, low lead and other metal prices have forced operators to reduce their prices. However, increased consumer spending, rising demand from consumer electronic stores and the introduction of price-premium batteries is expected to bolster industry revenue. Over the next five years, as consumer spending rises, consumers will increase their purchases of batteries... 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 also 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 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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