Dallas, Texas (PRWEB) October 18, 2012
China will remain the largest national market for batteries and will also be the fastest growing market, bolstered by a large electronics manufacturing segment as well as expanding output and use of motor vehicles. Sales of batteries in India will expand only slightly slower than those in China, as the nation’s manufacturing base continues to grow and personal incomes rise.
Reduced pressure on battery prices to slow value gains
From 2006 to 2011, the cost of batteries increased very rapidly. A combination of high raw material costs and the shutdown of most of China’s lead-acid battery capacity at the end of 2011 pushed prices upward. As a result, the value of the battery market in most nations increased rapidly over the 2006-2011 period, and gains through 2016 are generally expected to be slowed by reduced pricing pressure within the battery industry.
Secondary batteries to outpace primary types
Demand for secondary battery types is expected to rise at a faster rate than sales of primary batteries. The popularity of portable electronics has grown rapidly, expanding the share of the market held by secondary battery suppliers. The use of grid storage systems to regulate electrical output of various generation systems, as well as world output of motor vehicles (especially electric and hybrid electric automobiles) is expected to increase quickly. Many products require lithium or nickel-metal hydride battery types; and it is expected that lithium-based secondary batteries will post the fastest gains of any type of battery.
Consumer uses to post fastest battery market gains
It is expected that battery sales to consumer markets will post the fastest gains through 2016. Rising incomes in developing nations will drive greater use of basic battery powered devices, while expanding use of portable, high-drain electronics will fuel demand from the consumer market worldwide. Sales of batteries for use in industrial and other applications will be driven by increasing levels of gross fixed investment, global manufacturing output, and efforts toward industrialization in developing nations. The automotive battery market suppliers will benefit from increased output of hybrid and electric vehicles, as well as from rising production and use of standard automobiles.
The report “World Batteries to 2016” profiles competitors such as Energizer, EnerSys, Exide Technologies, GS Yuasa, Hitachi, Johnson Controls, LG Chem, Panasonic, Procter & Gamble and Sony.
The report “Primary Batteries and Cells - Global Package” includes 72 primary battery and cell market studies from the following countries around the world: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Eritrea, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Nepal, Netherlands, Nigeria, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Russia, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Sweden, Tanzania, Thailand, Turkey, Ukraine, United Kingdom, United States and Vietnam. It provides essential market information for decision-makers including:
The report helps answers questions such as:
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