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Battery Manufacturing in Canada - Industry Market Research Report

Battery Manufacturing in Canada

The Battery Manufacturing industry in Canada has been on the decline over the past decade. Over the five years to 2019, the industry experienced high revenue volatility, due to its large dependence on exports and the vast proliferation of imports which have mired the industry for year. Due to the high proliferation of imports, companies often find themselves competing on the basis of technology, spurring research and development (R&D) spending.Over the five years to 2024, revenue is expected to continue to decline due to a persistent decrease in exports caused by an appreciation of the Canadian dollar and reduced demand from downstream manufacturers. Additionally, imports will remain a key threat to the industry.

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.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Canadian-dollar effective exchange rate index
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Exports To...
    • Table Industry trade balance
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table Surrette Battery Company Ltd. (industry-relevant operations) – financial performance*
    • Table Vectra Co. (industry-relevant operations) - financial performance*
    • Table Corvus Energy Ltd. (industry-relevant operations) – financial performance*
    • Table Electrovaya Inc. (industry-relevant operations) - financial performance*
    • Table E-One Moli Energy Corp. (industry-relevant operations) – financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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