Storage Battery Manufacturing Industry · Market Research Report

Storage Battery Manufacturing · Market Size and Industry Forecast

Pell Research's storage battery manufacturing report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Storage Battery Manufacturing Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020

Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The storage battery manufacturing research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Storage Battery Manufacturing · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for storage battery manufacturing companies in the U.S.

Storage Battery Manufacturing Revenue by State

Market Share by State

Storage Battery Manufacturing · Distribution by Company Size

Company Size All Industries Storage Battery Manufacturing
Small Business (< 5 employees)


Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Storage Battery Manufacturing · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Storage Battery Manufacturing · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Storage Battery Manufacturing · Product Mix

Product Description Description Revenue
($ Millions)

Storage battery manufacturing


Storage batteries, lead acid type, BCI dimensional sz. grp. 8D

Storage batteries, lead acid type, BCI dim. sz. grp. 8D/larger

Motive pwr. type lead acid stor. batt., BCI dim. sz. 8D/larger

Motive pwr. type lead acid stor. batt., ind. trucks, BCI 8D/lar.

All other motive pwr. type lead acid stor. batt., BCI 8D/larger

All other lead acid storage batt., BCI dim. sz. grp. 8D/larger

Storage batt., lead acid type, BCI dim. sz. grp. 8D/larger, nsk

Storage batt. (exc. lead acid), incl. parts for all storage batt.

Storage batteries (excluding lead acid)

Storage Battery Manufacturing · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 7%


Chief Executives 0%
General and Operations Managers 2%
Architecture and Engineering Occupations 10%
Engineers 7%
Office and Administrative Support Occupations 9%
Production Occupations 54%
Assemblers and Fabricators 26%
Electrical, Electronics, and Electromechanical Assemblers 17%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers 16%
Miscellaneous Assemblers and Fabricators 9%
Assemblers and Fabricators, All Other, Including Team Assemblers 9%
Metal Workers and Plastic Workers 15%
Other Production Occupations 9%
Transportation and Material Moving Occupations 5%

Storage Battery Manufacturing · Government Contracts

In 2008, the federal government spent a total of $51,897,683 on the storage battery manufacturing industry. It has awarded 1,475 contracts to 247 companies, with an average value of $210,112 per company.

Storage Battery Manufacturing and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)


Storage Battery Manufacturing Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99

Related Market Research Reports

Battery Manufacturing
Storage Battery Manufacturing
Primary Battery Manufacturing
Communication and Energy Wire and Cable Manufacturing
Fiber Optic Cable Manufacturing
Wiring Device Manufacturing
Current-Carrying Wiring Device Manufacturing
Noncurrent-Carrying Wiring Device Manufacturing
Carbon and Graphite Product Manufacturing