TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Economic Performance 6
World Economic Outlook 8
Personal Income & Expenditure Trends 11
World Demographic Outlook 16
World Gross Fixed Investment Outlook 18
World Manufacturing Outlook 20
World Motor Vehicle Outlook 22
Motor Vehicles in Use 23
Motor Vehicle Production Trends 25
Hybrid/Electric Vehicle Outlook 27
World Electrical/Electronics Sector Outlook 30
Pricing Patterns 31
Technology 34
Battery Construction & Operation 35
Conventional Battery Chemistries 37
Advanced Battery Chemistries 40
Fuel Cells & Other Alternative Power Sources 45
Fuel Cells 45
Other Sources of Power 47
Environmental & Regulatory Issues 50
III. SUPPLY & DEMAND 53
General 53
World Battery Markets 54
Regional Demand 55
Demand by Product 60
Primary 60
Alkaline 63
Zinc-Carbon/Zinc-Chloride 65
Lithium 67
Other 69
Secondary 72
Lead-Acid 74
Lithium-Based 76
Nickel-Based 78
Other 81
Demand by Market 83
Consumer 85
Automotive 87
Industrial & Other 89
World Battery Production 92
International Trade Flows 95
IV. NORTH AMERICA 98
General 98
United States 106
Canada 114
Mexico 121
V. WESTERN EUROPE 128
General 128
Germany 136
France 143
United Kingdom 150
Italy 157
Spain 164
Other Western Europe 170
Netherlands 179
Belgium 180
Sweden 181
Austria 182
Switzerland 183
All Other 184
VI. ASIA/PACIFIC 186
General 186
China 194
Japan 203
South Korea 210
India 217
Taiwan 225
Indonesia 232
Other Asia/Pacific 239
Australia 249
Singapore 249
Hong Kong 250
All Other 252
VII. OTHER REGIONS 253
Latin America 253
Brazil 260
Other Latin America 267
Argentina 275
Colombia 276
All Other 277
Eastern Europe 278
Russia 286
Other Eastern Europe 293
Poland 303
Ukraine 304
Czech Republic 305
All Other 306
Africa/Mideast 307
South Africa 316
Turkey 317
Iran 318
Other 319
VIII. INDUSTRY STRUCTURE 320
General 320
Industry Composition 321
Market Share 324
Primary Batteries 325
Lead-Acid Secondary Batteries 326
Other Secondary Batteries 328
Research & Product Development 329
Manufacturing 331
Marketing & Distribution 332
Cooperative Agreements 334
Financial Requirements 347
Mergers & Acquisitions 348
Company Profiles 351
Acumuladores Moura SA 353
AGM Batteries, see GS Yuasa
Amara Raja Batteries, see Johnson Controls
Banner/East Penn Battery Services, see East Penn
Manufacturing
BPL Soft Energy Systems, see Eveready Industries India
BYD Company Limited 354
C&D Technologies Incorporated 356
Century Yuasa Batteries, see GS Yuasa
Cobasys, see Energy Conversion Devices
Compact Power, see LG Chem
Danionics Asia, see Gold Peak Industries
Delphi Corporation 359
Douglas Battery Manufacturing Company 361
Duracell, see Procter & Gamble
EaglePicher Corporation 363
East Penn Manufacturing Company Incorporated 367
Eastman Kodak Company 370
EnerDel, see Delphi
Energizer Holdings Incorporated 372
Energy Conversion Devices Incorporated 376
EnerSys 379
Enertec Mexico, see Johnson Controls
Eveready Industries India Limited 386
Exide Industries Limited 387
Exide Technologies 389
FIAMM-GS, see GS Yuasa
Fujian Nanping Nanfu Battery, see Procter & Gamble
Furukawa Electric Company Limited 396
Gillette, see Procter & Gamble
Gold Peak Industries Holdings Limited 399
GP Batteries International, see Gold Peak Industries
Grupo Cegasa 403
GS Battery USA, see GS Yuasa
GS Yuasa Corporation 405
Guangzhou Tiger Head Battery Group Company Limited 410
Hitachi Limited 411
Johnson Controls Incorporated 414
KCM Marketing, see East Penn Manufacturing
LG Chem Limited 421
Matsushita Electric Industrial Company Limited 423
Matsushita Ultra-Technologies Battery, see Eastman
Kodak and Matsushita Electric Industrial
Maxell Corporation of America, see Hitachi
MK Battery, see East Penn Manufacturing
Modular Energy Devices, see EnerSys
Motorola Incorporated 428
Mutlu Aku ve Malzemeleri Sanayi AS 430
NEC Corporation 431
Ningbo Baowang Battery, see Spectrum Brands
Ningbo GP SANYO Energy, see Gold Peak Industries
and SANYO Electric
Ovonic Battery, see Energy Conversion Devices
Panasonic EV Energy, see Matsushita Electric Industrial
Procter & Gamble Company 434
PT Trimitra Baterai Prakasa, see GS Yuasa
Renata, see Swatch Group
Saft Groupe SA 437
Samsung SDI Company Limited 442
SANYO Electric Company Limited 444
Siam Furukawa, see Furukawa Electric
Simplo Technology Company Limited 449
Sony Corporation 450
Spectrum Brands Incorporated 453
Swatch Group Limited 457
Tata AutoComp GY Batteries, see GS Yuasa
Tianjin Lantian SANYO Energy, see SANYO Electric
Toshiba Corporation 459
Tyco International Limited 462
VARTA AG 464
Varta Automotive, see Johnson Controls
VARTA Consumer Batteries, see Spectrum Brands
and VARTA AG
Wilson Greatbatch Technologies Incorporated 466
Yuasa Battery Europe, see GS Yuasa
Zhongyin Ningbo Battery, see Gold Peak Industries
Ztong Yee Industrial, see GS Yuasa
Other Companies Mentioned in Study 469
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I - EXECUTIVE SUMMARY
Summary Table 3
SECTION II - MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 11
2 World Per Capita GDP by Region 13
3 World Population by Region 17
4 World Gross Fixed Investment by Region 20
5 World Manufacturing Value Added by Region 22
6 World Motor Vehicles in Use by Region 24
7 World Motor Vehicle Production by Region 27
8 World Hybrid/Electric Vehicle Sales by Region & Type 29
9 World Battery Pricing 33
10 World Commercial Fuel Cell Demand 47
SECTION III - SUPPLY & DEMAND
1 World Battery Demand by Region 57
2 World Battery Demand by Product 60
3 World Primary Battery Demand by Chemistry 62
4 World Primary Alkaline Battery Demand by Region 64
5 World Zinc-Carbon/Zinc-Chloride Battery Demand by Region 67
6 World Primary Lithium Battery Demand by Region 69
7 World Other Primary Battery Demand by Region 72
8 World Secondary Battery Demand by Chemistry 73
9 World Lead-Acid Battery Demand by Region 76
10 World Lithium-Based Secondary Battery Demand by Region 78
11 World Nickel-Based Secondary Battery Demand by Region 81
12 World Other Secondary Battery Demand by Region 83
13 World Battery Demand by Market 84
14 World Consumer Battery Demand by Region 87
15 World Automotive Battery Demand by Region 89
16 World Industrial & Other Battery Demand by Region 91
17 World Battery Shipments by Region 94
18 Battery Net Exports by Region 97
SECTION IV - NORTH AMERICA
1 North America Battery Supply & Demand 102
2 North America Primary Battery Demand 103
3 North America Secondary Battery Demand 105
4 United States Battery Supply & Demand 109
5 United States Primary Battery Demand 111
6 United States Secondary Battery Demand 113
7 Canada Battery Supply & Demand 116
8 Canada Primary Battery Demand 118
9 Canada Secondary Battery Demand 120
10 Mexico Battery Supply & Demand 124
11 Mexico Primary Battery Demand 125
12 Mexico Secondary Battery Demand 127
SECTION V - WESTERN EUROPE
1 Western Europe Battery Supply & Demand 131
2 Western Europe Primary Battery Demand 133
3 Western Europe Secondary Battery Demand 135
4 Germany Battery Supply & Demand 139
5 Germany Primary Battery Demand 140
6 Germany Secondary Battery Demand 142
7 France Battery Supply & Demand 146
8 France Primary Battery Demand 147
9 France Secondary Battery Demand 149
10 United Kingdom Battery Supply & Demand 153
11 United Kingdom Primary Battery Demand 154
12 United Kingdom Secondary Battery Demand 156
13 Italy Battery Supply & Demand 160
14 Italy Primary Battery Demand 161
15 Italy Secondary Battery Demand 163
16 Spain Battery Supply & Demand 166
17 Spain Primary Battery Demand 167
18 Spain Secondary Battery Demand 169
19 Other Western Europe Battery Supply & Demand 172
20 Other Western Europe Primary Battery Demand 174
21 Other Western Europe Secondary Battery Demand 176
22 Other Western Europe Battery Supply & Demand by Country 178
23 Other Western Europe Primary & Secondary Battery
Demand by Country 179
SECTION VI - ASIA/PACIFIC
1 Asia/Pacific Battery Supply & Demand 190
2 Asia/Pacific Primary Battery Demand 191
3 Asia/Pacific Secondary Battery Demand 193
4 China Battery Supply & Demand 198
5 China Primary Battery Demand 200
6 China Secondary Battery Demand 202
7 Japan Battery Supply & Demand 206
8 Japan Primary Battery Demand 207
9 Japan Secondary Battery Demand 209
10 South Korea Battery Supply & Demand 213
11 South Korea Primary Battery Demand 214
12 South Korea Secondary Battery Demand 216
13 India Battery Supply & Demand 220
14 India Primary Battery Demand 222
15 India Secondary Battery Demand 224
16 Taiwan Battery Supply & Demand 228
17 Taiwan Primary Battery Demand 229
18 Taiwan Secondary Battery Demand 231
19 Indonesia Battery Supply & Demand 235
20 Indonesia Primary Battery Demand 236
21 Indonesia Secondary Battery Demand 238
22 Other Asia/Pacific Battery Supply & Demand 242
23 Other Asia/Pacific Primary Battery Demand 244
24 Other Asia/Pacific Secondary Battery Demand 246
25 Other Asia/Pacific Battery Supply & Demand by Country 248
SECTION VII - OTHER REGIONS
1 Latin America Battery Supply & Demand 256
2 Latin America Primary Battery Demand 257
3 Latin America Secondary Battery Demand 259
4 Brazil Battery Supply & Demand 263
5 Brazil Primary Battery Demand 264
6 Brazil Secondary Battery Demand 266
7 Other Latin America Battery Supply & Demand 270
8 Other Latin America Primary Battery Demand 271
9 Other Latin America Secondary Battery Demand 273
10 Other Latin America Battery Supply & Demand by Country 275
11 Eastern Europe Battery Supply & Demand 282
12 Eastern Europe Primary Battery Demand 283
13 Eastern Europe Secondary Battery Demand 285
14 Russia Battery Supply & Demand 289
15 Russia Primary Battery Demand 290
16 Russia Secondary Battery Demand 292
17 Other Eastern Europe Battery Supply & Demand 296
18 Other Eastern Europe Primary Battery Demand 298
19 Other Eastern Europe Secondary Battery Demand 300
20 Other Eastern Europe Battery Supply & Demand by Country 302
21 Africa/Mideast Battery Supply & Demand 310
22 Africa/Mideast Primary Battery Demand 311
23 Africa/Mideast Secondary Battery Demand 313
24 Africa/Mideast Battery Supply & Demand by Country 315
SECTION VIII - INDUSTRY STRUCTURE
1 Battery Sales for Selected Manufacturers, 2005 323
2 Selected Cooperative Agreements 336
3 Selected Acquisitions & Divestitures 349
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II - MARKET ENVIRONMENT
1 Relationship between Battery Demand & Per Capita GDP, 2005 15
2 World Battery Pricing, 1995-2015 33
3 Basic Battery Construction 36
SECTION III - SUPPLY & DEMAND
1 World Battery Demand by Region, 2005 58
2 World Battery Demand - Projected 2005-2010 Annual Rate
of Growth 59
3 World Primary Battery Demand by Chemistry, 2005 62
4 World Secondary Battery Demand by Chemistry, 2005 74
5 World Battery Demand by Market, 2005 85
6 World Battery Shipments by Region, 2005 95
SECTION VIII - INDUSTRY STRUCTURE
1 Total World Batteries Market Share by Company, 2005 325
2 World Primary Batteries Market Share by Company, 2005 326
3 World Lead-Acid Batteries Market Share by Company, 2005 328
4 World Non-Lead-Acid Secondary Batteries Market Share by
Company, 2005 329