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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

IBISWorld’s Battery Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - 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.

Southeast

The Southeast, which is the most populous region, is also the most significant location for companies in this industry, expected to account for 23.2% of industry establishments. This is due in part to major player Exide Technologies being headquartered in Milton, GA. The Southeast region is also an automotive hub, where the Japanese automotive manufacturers, such as Toyota, are located... 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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