wrote an interesting post today on
Here’s a quick excerpt
Batteries are everyday necessities, powering everything from escalators to cars to remote controls. Over the past five years, manufacturers that specialize in automotive batteries have struggled to maintain demand due to a severe downturn in the US automotive sector. Additionally, the recession prompted households to postpone their nonessential spending, causing demand for battery-utilizing consumer electronics and new cars to crash. However, the vast extent of their applications and stronger demand from downstream industries will support industry growth over the next five years. Though the price volatility of key inputs such as zinc and lead will keep battery makers on edge, the growing popularity of hybrid and electric vehicles will give them new avenues for growth. For these reasons, industry research firm IBISWorld has added a report on the Battery Manufacturing industry to its growing industry report collection.
(PRWeb July 11, 2012)
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