1. Market Research
  2. > Energy & Environment
  3. > Energy Technology
  4. > Battery Market Trends
  5. > US Batteries Market

US Batteries Market

  • November 2013
  • -
  • Freedonia
  • -
  • 318 pages


Table of Contents

US demand to rise 4.2% annually through 2017

US demand for primary and secondary batteries is expected to increase 4.2 percent per year to $17.1 billion in 2017, accelerating from the 2007-2012 period.

Gains will be driven by an upturn in motor vehicle and other durable goods output, and supported by stronger personal consumption expenditures growth. Motor vehicles will post the largest increases in dollar terms as motor vehicle production rises after more than a decade of decline. It will also be the fastest growing market in percentage terms, with overall battery demand bolstered by expanding production and sales of hybrid/electric vehicles (HEVs).

Backup power supplies will register the next fastest demand gains, boosted by a pickup in nonresidential fixed investment, especially for wireless device transmission towers and related facilities, and by continuing concerns about the perceived vulnerability of the nation’s power grid.

Secondary batteries to continue outpacing primary

Despite a moderation in growth relative to the 2007-2012 period, secondary battery demand will climb faster than primary battery sales in a continuation of past market trends. The portable devices market, which registered the fastest growth of any market from 2007 to 2012, will continue to expand due to the popularity of high-drain devices (such as portable computers that utilize advanced battery chemistries like lithium-ion).

However, advances will be tempered by the saturated nature of demand for products like cell phones and notebook computers. Sales of secondary batteries used in HEVs will more than double in dollar terms through 2017, although conventional motor vehicles will continue to account for over 90 percent of all automotive product demand. A key development in this industry is the rising output of all-electric vehicles. Although rechargeable lithium sales will grow at the fastest pace of any secondary battery chemistry, lead-acid will contribute significantly more to dollar gains through 2017. Bolstered by increases in motor vehicle production, lead-acid will be responsible for more than half of all secondary battery sales advances.

Consumer demand to dominate primary batteries

In the primary battery market, consumer segment demand will dwarf other categories, returning to growth after declining between 2007 and 2012.

However, secondary batteries will continue to take away market share from primary units, as high-drain electronic devices and the batteries capable of powering them increase in popularity, restricting consumer primary battery market gains through 2017. Product sales in applications not specifically defined as consumer, industrial, or government related will expand the fastest, largely due to a rise in health care spending on primary batteries. This will be spurred by increases in the number of people who are 65 years and older (the fastest growing population segment in the US through 2017), which will lead to higher demand for batteries used to power medical-related devices such as defibrillators, drug pumps, hearing aids, heart monitors, and pacemakers. Among the different primary battery chemistries, alkaline is expected to register the greatest value gains, a continuation of its historical dominance of sales in most primary applications. However, primary lithium will post the strongest market advances in percentage terms, bolstered by the ability to effectively power highdrain devices.

Study coverage

This upcoming Freedonia industry study, Batteries, is priced at $5300. It presents historical demand data for 2002, 2007, and 2012, plus forecasts for 2017 and 2022 by product and market. The study also considers key market environment factors, reviews technology, details industry structure, evaluates company market share, and profiles US industry players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets

Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Gain insight into the market dynamics of advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used. - Identify leading ...

Car Batteries Markets in China

Car Batteries Markets in China

  • $ 4000
  • Industry report
  • March 2017
  • by Asia Market Information & Development Company

China’s demand for Car Batteries has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth ...

Global E-Bike Market 2017-2021

Global E-Bike Market 2017-2021

  • $ 3500
  • Industry report
  • February 2017
  • by Infiniti Research Limited

About E-Bike An e-bike, commonly known as an electric bicycle, is a bike that has an electric motor aligned to the pedals of the bicycle, which supplies the differential force required for the forward ...

Download Unlimited Documents from Trusted Public Sources

The future of the Battery Industry in India

  • April 2017
    3 pages
  • Powertrain  


    Electric Vehicl...  

  • India  


View report >

Battery Supply

  • March 2017
  • Battery  

View report >

Rare Earth Industry in Sweden

  • March 2017
    44 pages
  • Rare Earth  



  • Sweden  


View report >

Battery Industry

4 months ago

Related Market Segments :

Rechargeable Battery
Primary Battery


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.