Lithium Battery Manufacturing
Over the five years to 2017, revenue for the Lithium Battery Manufacturing industry is expected to rise due to increasing demand and application for lithium batteries. Prior to the five-year period, lithium production in the United States was composed of battery manufacturers catering to niche markets. Improving technology, however, has spurred the mass production of lithium batteries for automotive, consumer electronic and other applications. At the same time, the prevalence of low-cost imports will constrain sales of domestically made batteries. Consequently, industry revenue is expected to grow over the five years to 2017. Over the five years to 2022, the industry will experience constrained growth as demand grows, but imports continue to supplant domestic manufacturers.
This industry manufactures primary and secondary batteries that use lithium as an anode. Industry products are most commonly used in vehicles and electronic devices such as cell phones, cameras, laptops, pacemakers and toys.
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.