Industry Analysis & Industry Trends
The Battery Manufacturing industry in China is dominated by foreign-funded companies. More than 50.0% of the assets of the industry's large-scale enterprises are owned by joint ventures or foreign enterprises, including ones based in Hong Kong, Macau and Taiwan. Japanese capital accounts for the majority of the industry's foreign capital.
Industry revenue is set to total $137.1 billion in 2016, up 4.0% for the year. Annualized revenue growth is estimated at 8.2% over the past five years. Domestic demand is expected to total $127.8 billion in 2016, up 3.4% from the previous year.
Growth in battery imports has slowed as more foreign firms have set up manufacturing facilities in China, enabling their output to become part of domestic production.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Battery Manufacturing industry is in the growth phase of its life cycle. Industry value-added is expected to grow 7.4% over the 10 years through 2021, higher than China's GDP over the same period. In the past five years, there has been a rapid rate of technological change, aided by the entry of foreign manufacturers that possess advanced technologies and management knowledge. Meanwhile, a number of domestic manufacturers have obtained a high level of development as they expand their operations. Within the domestic market, there is still a high level of demand for high-quality batteries, which drives industry growth.
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