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 - 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 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