Still charging: A decline in expected new car sales will limit demand from a key market, hindering industry revenue

Over the five years to 2018, Battery Store Franchises industry operators benefited from broad economic improvements in the United States. Rising per capita disposable income enabled consumers to spend more money on goods during the period. As e-commerce continues to represent the biggest external threat to industry operators, the industry's largest players have rapidly expanded to gain market share moving forward. Over the five years to 2023, the industry is expected to decline slightly. As the percentage of services conducted online grows and external competitors take advantage of changing consumer trends, industry operators are expected to struggle. However, a bright spot for industry operators will be consumer spending trends, as consumer spending is expected to increase...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
0.6%
Forecast Growth 18-23
Profit
Employment
12,764
Businesses
1,640

Industry Threats & Opportunities

  • As the percentage of services conducted online grows, industry operators are expected to struggle
  • Growth in the percentage of services conducted online negatively affects industry operators
  • The industry’s largest players are expected to maintain their high market share dominance
  • Industry Report - Industry SWOT Analysis Chapter

    The Battery Store Franchises industry is in the mature stage of its life cycle. Industry value-added (IVA) is a measure of the industry's contribution to the overall economy and is expected to increase at an annualized rate of 1.1% over the 10 years to 2023. At the same time, US GDP is expected to increase at an annualized rate of 2.2%. While the industry is underperforming the US economy, the moderate growth in IVA represents a mature industry with its products used across many sectors.Over the 10 years to 2023, the number of industry establishments is expected to grow at a rapid pace, increasing at an annualized rate of 6.5% to reach 2,278 locations. Thi...purchase to read more.

    Additional Insights for the Battery Store Franchises Industry

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

  • Ability to accommodate environmental requirements
  • Proximity to key suppliers
  • Fast adjustments made to changing regulations
  • IBISWorld analysts also discuss how external factors such as Consumer spending and New car sales in the Battery Store Franchises industry impact industry performance..

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    What's in this report

    What is the Battery Store Franchises Industry?

    Establishments in this industry sell and repair batteries of all types. Franchisors collect used batteries from franchisees and supply them with refurbished batteries. This industry pertains solely to the operation of franchised outlets and excludes nonfranchise data.

    Industry Products
  • Car and Motorcycle batteries
  • Truck and RV batteries
  • Computer and cellphone batteries
  • Appliance batteries
  • Industry Activities
  • Retailing new batteries for automobiles and other electronics
  • Repairing batteries for consumers
  • Replacing outdated batteries with new batteries
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • New car sales
  • Number of households
  • Price of household appliances
  • Percentage of services conducted online

  • Current Performance
  • Automotive markets
  • External competition from e-commerce
  • Major player growth driving industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Major markets
  • External competition
  • Industry structure
  • Table: Battery Store Franchises Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Battery Manufacturing

  • Key Selling Industries
  • Auto Mechanics
  • Consumers

  • Products & Services
  • Truck and RV batteries
  • Car and Motorcycle batteries
  • Other
  • Appliance batteries
  • Computer and cellphone batteries
  • Chart: Battery Store Franchises Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households and Individuals
  • Repair Shops
  • Other
  • Retailers and Wholesalers
  • Chart: Major Market Segmentation for the Battery Store Franchises 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 Store Franchises

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Battery Store Franchises Industry

  • Industry Globalization
    Batteries Plus Bulbs, Interstate Batteries,
  • Table: Batteries Plus Bulbs - financial performance
  • Table: Interstate Batteries - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Battery Store Franchises 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 Store Franchises Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Consumer spending (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Automobile Batteries
  • A rechargeable battery that powers the electric parts of a vehicle
  • Battery
  • A device consisting of electrochemical cells with two external terminals that supplies electrical power to devices
  • Computer Batteries
  • Computer batteries are typically lithium-ion batteries, which are rechargeable batteries that move lithium ions between terminals
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Battery Store Franchises is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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
    • Quickly build competitive intelligence
    This report on Battery Store Franchises:
    • 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 Store Franchises 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 Store Franchises, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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