The Battery Manufacturing industry has recovered strongly from the recession during the five years to 2014. Multiple companies that manufacture automobile batteries received government funding to expand their production capabilities and technology during the period, and rising demand for automotive batteries and improved consumer spending are expected to increase industry revenue. In the five years to 2019, the industry will contend with shifting downstream demand conditions. Demand from car and automobile manufacturing is expected to slow and appreciation of the US dollar and input material price hikes will stem export growth. However, Improving economic conditions are anticipated to spur consumer spending on electronics that require batteries, boosting demand for industry products.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.