The Battery Manufacturing industry is an extremely small industry, composed of only a handful of companies. Over the five years to 2016, the industry has experienced high revenue volatility, due to its large dependence on exports and the vast proliferation of imports. Due to the high proliferation of imports in the industry, companies often find themselves competing on the basis of technology, price and, less importantly, branding. Over the five years to 2021, revenue is expected to turn around and decline. Declining exports, due to the appreciation of the Canadian dollar, will drastically hinder revenue growth.
This industry manufactures two types of batteries: primary and secondary batteries. Secondary batteries are also known as rechargeable or storage batteries. Primary batteries have only one life and are not rechargeable. Industry products have a variety of uses, including in cell phones, medical equipment, households and the automotive and transport sectors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.