Needs recharging: Import competition and volatile input prices will hinder revenue growth

Over the five years to 2017, the Battery Manufacturing industry experienced high revenue volatility, due to its large dependence on exports and the vast proliferation of imports. Companies also experienced rising demand from transportation equipment manufactures. Imports are a key threat to the industry. Foreign competition comprises imports from both developed and developing countries. Canada imports the majority of its batteries from the United States, which contains many large primary and secondary battery manufacturers. Over the five years to 2022, revenue is expected to continue to decline due to accelerated decrease in exports and reduced demand from transportation equipment more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Volatile input prices and import penetration have hampered industry growth
  • The high proliferation of imports poses the biggest threat to the industry
  • With the high proliferation of imports, industry prices will remain depressed, hampering profitability
  • Industry Report - Industry Products Chapter

    There are two main types of batteries: primary and secondary (rechargeable) batteries. The rechargeable battery segment has been steadily growing over the past five years as consumers become increasingly environmentally conscious and use more portable electronics. While the Canadian Battery Association has started a strong campaign to collect and recycle primary batteries, consumers are still concerned about disposal issues and are switching to rechargeable batteries, underpinning this growth. This trend is likely to continue over the next five years as well and has influenced the trajectory of industry operations over the current period...purchase to read more.

    Additional Insights for the Battery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Battery Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Effective quality control
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Canadian-dollar effective exchange rate index and Demand from electrical equipment, appliance and component manufacturing in the Battery Manufacturing industry impact industry performance..

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    What's in this report

    What is the Battery Manufacturing 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.

    Industry Products
  • Primary batteries
  • Secondary batteries for OEMs and the aftermarket
  • Secondary batteries for retailers
  • Parts
  • Industry Activities
  • Alkaline battery
  • Automobile battery
  • Lead-acid storage battery
  • Nickel-cadmium storage battery
  • Alkaline manganese primary battery
  • Flashlight battery
  • Lithium battery
  • Transistor radio battery
  • Watch battery
  • Zinc-carbon battery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian-dollar effective exchange rate index
  • Demand from electrical equipment, appliance and component manufacturing
  • Demand from transportation equipment manufacturing
  • World price of lead

  • Current Performance
  • Changing product mix
  • Trade provides opportunities and threats
  • Falling prices leads to declining profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry trade
  • Specialization is key to survival
  • Table: Battery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Battery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Communications Equipment Manufacturing in Canada
  • Audio & Video Equipment Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada
  • Truck & Bus Manufacturing in Canada
  • Toy, Doll & Game Manufacturing in Canada
  • Auto Mechanics in Canada

  • Key Selling Industries
  • Inorganic Chemical Manufacturing in Canada
  • Metal Stamping & Forging in Canada
  • Metal Wholesaling in Canada
  • Nonferrous Metal Rolling & Alloying in Canada
  • Other Plastic Product Manufacturing in Canada

  • Products & Services
  • Secondary batteries for OEMs and the aftermarket
  • Primary batteries
  • Secondary batteries for retailers
  • Parts
  • Other
  • Chart: Battery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Mass merchandisers
  • Original equipment manufacturers (OEMs) and aftermarket
  • Chart: Major Market Segmentation for the Battery Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Battery Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Battery Manufacturing Industry

  • Industry Globalization
    Vectra Co., E-One Moli Energy, Corvus Energy Ltd, Electrovaya Inc.,
  • Table: Vectra Co. - financial performance
  • Table: E-One Moli Energy - financial performance
  • Table: Corvus Energy Ltd - financial performance
  • Table: Electrovaya Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Battery Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Battery Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • World price of lead (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Lithium-Ion Batteries
  • Lithium-ion (Li-ion) batteries are rechargeable batteries, commonly used in consumer electronic products.
  • Primary Batteries
  • Batteries that cannot be recharged after they are used and thus are disposed of once the charge is gone.
  • Rechargeable Batteries
  • Also referred to as secondary or storage batteries, they are batteries that can be recharged.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Battery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Battery Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Battery Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Battery Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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