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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 | Nov 2014

Power up: Economic recovery and burgeoning hybrid car market will boost industry revenue

IBISWorld’s Battery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
5.2%
Annual Growth 14-19
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Profit
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Employment
25,809
Businesses
130
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 Investment Chapter

The Battery Manufacturing industry has a medium level of capital intensity. In 2014, the industry is expected to spend $0.18 on capital for every dollar spent on labor. Capital investment is mainly made in facilities, machinery, and equipment. New product innovations require changes in the production processes and changes in the necessary machines to produce the batteries, driving up the cost of capital. Due to the changes in the production processes and increased automation, the level of capital resources required to manufacture products in this industry has increased over the five years to 2014. Furthermore, increased automation has reduced wage costs as a percentage of revenue and increased capital intensity during the period... 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 alkaline batteriesPrimary zinc, lithium and other batteriesAutomotive SLI batteries for OEMsReplacement SLI automotive batteries Industrial SLI batteriesCommunications lead-acid batteriesEmergency power lead-acid batteriesLaptop, nickel and all other secondary 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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