Charging forward: Fuel efficiency trends will increase demand from automakers

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 Statistics & Market Size
Revenue
$11bn
Annual Growth 12-17
-0.7%
Forecast Growth 17-22
Profit
Employment
29,954
Businesses
208

Industry Threats & Opportunities

  • Growth is attributable to increasing demand from domestic automobile manufacturers
  • For the United States, exports consist primarily of rechargeable batteries
  • Demand is expected to rise within the rechargeable battery segment
  • 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.SoutheastThe Southeast, which is the most populous region, is the second-most significant location for companies in this industry, expected to account for 20.7% of industry establishments. The Southeast region is also an automotive hub, where the Japanese automotive manufacturers, such as Toyota, are located. Add...purchase to read more.

    Additional Insights for the Battery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Battery Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Mitigating volatility of input prices by entering into contracts
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from car and automobile manufacturing and Research and development expenditure in the Battery Manufacturing industry impact industry performance..

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    What's in this report

    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 batteries
  • Secondary batteries
  • Industry Activities
  • Alkaline battery
  • Automobile 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
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from car and automobile manufacturing
  • Research and development expenditure
  • Consumer spending
  • Demand from consumer electronics stores
  • Trade-weighted index

  • Current Performance
  • Automotive industry and batteries
  • Charging on
  • Global drivers
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Seeing green
  • Enterprises and wages on the rise
  • Imports taking charge
  • Table: Battery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Battery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Copier & Optical Machinery Manufacturing
  • Communication Equipment Manufacturing
  • Alarm, Horn & Traffic Control Equipment Manufacturing
  • Audio & Video Equipment Manufacturing
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Toy, Doll & Game Manufacturing
  • Auto Mechanics

  • Key Selling Industries
  • Inorganic Chemical Manufacturing
  • Metal Stamping & Forging
  • Metal Wholesaling
  • Nonferrous Metal Refining
  • Nonferrous Metal Rolling & Alloying
  • Plastic Products Miscellaneous Manufacturing

  • Products & Services
  • Secondary batteries
  • Primary batteries
  • Chart: Battery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Downstream demand
  • Technological advancements

  • Major Markets
  • OEMs and Aftermarket
  • Exports
  • Other
  • Mass merchants
  • Chart: Major Market Segmentation for the Battery Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Battery Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Battery Manufacturing Industry

  • Industry Globalization
    Johnson Controls International PLC, Energizer Holdings Inc.,
  • Table: Johnson Controls International PLC - financial performance
  • Table: Energizer Holdings Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Battery Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Battery Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Consumer Spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Battery
  • Electrochemical device used to store energy. In common usage, the term "battery" is also applied to a single cell, such as an AA battery.
  • Dry Cell
  • Primary cell in which the electrolyte is absorbed in a porous medium or is otherwise restrained from flowing.
  • Nonferrous Metals
  • Metals other than iron and steel, including zinc, lead, copper and gold.
  • Original Equipment Manufacturers (Oem)
  • Refers to the company that originally manufactured a product. When referring to automotive parts, OEM designates a replacement part made by the manufacturer of the original part.
  • Primary Battery
  • Batteries that cannot be recharged and are therefore disposable once depleted.
  • Primary Cell
  • Cell designed to produce electric current through an electrochemical reaction that is not efficiently reversible.
  • Rechargeable
  • Capable of being recharged. Refers to secondary cells or batteries.
  • Storage Battery
  • Rechargeable batteries.
  • What Our Customers Say

    Why buy this report?

    The Battery Manufacturing industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Battery Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Battery Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Battery Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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