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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 | Feb 2016

Charging forward: Fuel efficiency trends will increase demand from automakers

IBISWorld’s Battery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
26,306
Businesses
136
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 Analysis Chapter

Batteries are used in a wide variety of products due to the power storage and portability functions they deliver. Consumers purchase batteries to power products such as remote controls, while downstream industries use batteries as inputs for other manufactured goods, such as cars and escalators. The Car and Automobile Manufacturing industry (IBISWorld report 33611a) accounts for a considerable share of downstream industry demand and, after significant declines during the recession, has recovered strongly in the five years to 2016. Declining per capita primary battery consumption and heightened competition from low-cost imports has nonetheless limited growth... 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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