Overview
The 140 battery manufacturers in the US produce power sources for household, commercial, and industrial use. Major types of products include storage batteries, primary batteries, and parts for storage batteries. Firms may sell related products, such as battery chargers, power equipment, lights, and battery accessories.
Keeping Up with Advances in Technology
Battery technology moves forward, even as manufacturers expand existing capacity to keep up with growing demand for lithium-ion products for electric vehicles (EV).
Variable Raw Material Cost and Supply
The cost and supply of raw materials can vary and affect profitability for battery manufacturers.
Industry Financial Benchmarks
Here are typical financial statements for battery manufacturers.
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