NAICS Code 335910-01 - Storage-Batteries (Manufacturing)

Marketing Level - NAICS 8-Digit

Use Data For:

  • Direct Mailing
  • Emailing
  • Calling
  • Research

Includes Free Sample & Industry Report

Total Companies

99

100% Phone-Verified, NCOA Processed, Accurate Data

NAICS Code 335910-01 Description (8-Digit)

The Storage-Batteries (Manufacturing) industry involves the production of rechargeable batteries used for energy storage in various applications. These batteries are designed to store electrical energy and release it as needed, making them essential components in a range of devices and systems. The industry includes the manufacturing of batteries for use in electric vehicles, renewable energy systems, backup power supplies, and more.

Hierarchy Navigation for NAICS Code 335910-01

Parent Code (less specific)

Tools

Tools commonly used in the Storage-Batteries (Manufacturing) industry for day-to-day tasks and operations.

  • Battery testing equipment
  • Battery formation equipment
  • Battery assembly machines
  • Battery cell welding machines
  • Battery electrolyte filling machines
  • Battery acid filling machines
  • Battery case injection molding machines
  • Battery acid mist scrubbers
  • Battery recycling equipment
  • Battery thermal management systems

Industry Examples of Storage-Batteries (Manufacturing)

Common products and services typical of NAICS Code 335910-01, illustrating the main business activities and contributions to the market.

  • Lithium-ion batteries for electric vehicles
  • Lead-acid batteries for backup power supplies
  • Nickel-cadmium batteries for emergency lighting systems
  • Flow batteries for renewable energy storage
  • Sodium-sulfur batteries for grid-scale energy storage
  • Zinc-bromine batteries for off-grid power systems
  • Vanadium-redox batteries for industrial energy storage
  • Iron-chromium batteries for stationary energy storage
  • Nickel-iron batteries for renewable energy systems
  • Lithium-polymer batteries for consumer electronics

Certifications, Compliance and Licenses for NAICS Code 335910-01 - Storage-Batteries (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • UL 1973: This certification is required for stationary battery systems and covers safety requirements for batteries, battery racks, and battery enclosures. It is provided by Underwriters Laboratories Inc.
  • ISO 9001: This certification is a quality management system that ensures that the company meets customer and regulatory requirements. It is provided by the International Organization for Standardization.
  • ISO 14001: This certification is an environmental management system that ensures that the company meets environmental regulations and reduces its environmental impact. It is provided by the International Organization for Standardization.
  • OSHA 29 CFR 1910.178: This regulation covers the use of powered industrial trucks, which are commonly used in battery manufacturing facilities. It is provided by the Occupational Safety and Health Administration.
  • NFPA 70E: This standard covers electrical safety in the workplace and is important for battery manufacturing facilities where electrical hazards are present. It is provided by the National Fire Protection Association.

History

A concise historical narrative of NAICS Code 335910-01 covering global milestones and recent developments within the United States.

  • The history of the Storage-Batteries (Manufacturing) industry dates back to the late 18th century when Alessandro Volta invented the first battery. The industry has since undergone significant changes, with notable advancements in the 19th century, including the invention of the lead-acid battery by Gaston Planté in 1859. The lead-acid battery became the most widely used battery in the world and was used in various applications, including automobiles, telecommunications, and power backup systems. In the 20th century, the industry experienced further advancements, including the invention of the nickel-cadmium battery in 1899 and the lithium-ion battery in 1970. The lithium-ion battery has become the most widely used battery in modern times, powering various applications, including electric vehicles, smartphones, and laptops. In recent history, the Storage-Batteries (Manufacturing) industry in the United States has experienced significant growth, driven by the increasing demand for electric vehicles and renewable energy storage systems. The industry has also witnessed notable advancements in battery technology, including the development of solid-state batteries, which offer higher energy density and longer lifespan than traditional lithium-ion batteries. The industry has also seen increased investment in research and development, with companies such as Tesla and Panasonic investing heavily in battery technology. Overall, the Storage-Batteries (Manufacturing) industry has a rich history of innovation and technological advancements, and it continues to play a critical role in powering modern society.

Future Outlook for Storage-Batteries (Manufacturing)

The anticipated future trajectory of the NAICS 335910-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Storage-Batteries (Manufacturing) industry in the USA is positive due to the increasing demand for batteries in various applications such as electric vehicles, renewable energy storage, and consumer electronics. The industry is expected to grow due to the rising demand for energy storage systems and the increasing adoption of electric vehicles. The industry is also expected to benefit from the growing demand for renewable energy sources and the need for energy storage solutions to balance the intermittent nature of renewable energy. However, the industry may face challenges such as the availability of raw materials, the high cost of production, and the increasing competition from foreign manufacturers. Overall, the industry is expected to grow at a steady pace in the coming years.

Industry Innovations for NAICS Code 335910-01

Recent groundbreaking advancements and milestones in the Storage-Batteries (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Tesla's Megapack: Tesla's Megapack is a large-scale energy storage system that can store up to 3 MWh of energy. It is designed for utility-scale projects and can be used to store energy from renewable sources such as wind and solar. The Megapack is expected to reduce the cost of energy storage and accelerate the adoption of renewable energy sources.
  • Solid-State Batteries: Solid-state batteries are a new type of battery that uses a solid electrolyte instead of a liquid electrolyte. They are expected to have higher energy density, faster charging times, and longer lifetimes than traditional lithium-ion batteries. Companies such as Toyota, BMW, and QuantumScape are investing in the development of solid-state batteries.
  • Lithium-Sulfur Batteries: Lithium-sulfur batteries are a new type of battery that uses sulfur as the cathode material instead of cobalt. They are expected to have higher energy density, lower cost, and longer lifetimes than traditional lithium-ion batteries. Companies such as Oxis Energy and Sion Power are developing lithium-sulfur batteries for various applications.
  • Recycling Of Batteries: Recycling of batteries is becoming increasingly important due to the growing demand for batteries and the need to reduce the environmental impact of battery production. Companies such as Li-Cycle and Redwood Materials are developing technologies to recycle batteries and recover valuable materials such as lithium, cobalt, and nickel.
  • Second-Life Batteries: Second-life batteries are used batteries from electric vehicles that still have a significant amount of capacity. They can be repurposed for stationary energy storage applications such as grid-scale energy storage or backup power. Companies such as Nissan and BMW are exploring the use of second-life batteries for various applications.

Required Materials or Services for Storage-Batteries (Manufacturing)

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Storage-Batteries (Manufacturing) industry. It highlights the primary inputs that Storage-Batteries (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Cobalt: An important component in battery cathodes that enhances energy capacity and stability, making it crucial for high-performance rechargeable batteries.

Conductive Additives: Materials added to battery formulations to improve electrical conductivity, which is vital for enhancing the overall efficiency of energy storage.

Electrolytes: Chemical substances that facilitate the movement of ions within the battery, essential for the electrochemical reactions that store and release energy.

Graphite: Serves as the anode material in lithium-ion batteries, providing excellent conductivity and structural integrity, which is critical for efficient energy storage.

Lead: Used in lead-acid batteries, this material is essential for energy storage applications, particularly in backup power systems and automotive batteries.

Lithium: A key raw material used in the production of lithium-ion batteries, essential for their lightweight and high energy density properties.

Nickel: Used in various battery chemistries, nickel contributes to higher energy density and improved battery longevity, vital for electric vehicle applications.

Polymer Materials: Used in the construction of battery casings and separators, these materials provide durability and protection against environmental factors.

Recycling Materials: Materials recovered from used batteries that can be reused in new battery production, promoting sustainability and reducing waste.

Separator Membranes: Thin films that prevent short circuits between battery electrodes while allowing ionic transport, essential for battery safety and performance.

Equipment

Assembly Line Machinery: Automated systems that streamline the assembly process of battery components, enhancing efficiency and reducing production time.

Battery Testing Equipment: Devices used to assess the performance, capacity, and safety of batteries, ensuring they meet industry standards and customer expectations.

Electrode Coating Machines: Specialized equipment that applies active materials onto battery electrodes, ensuring uniformity and optimal performance of the final product.

Heat Treatment Furnaces: Used for the thermal processing of battery materials, ensuring optimal performance characteristics and enhancing the durability of the final product.

Mixing Machines: Used to combine raw materials into a homogenous mixture, crucial for producing consistent battery components that meet quality specifications.

Packaging Equipment: Machines that prepare batteries for shipment, ensuring they are securely packaged to prevent damage during transportation.

Robotic Handling Systems: Automated systems that assist in the handling and movement of battery components during manufacturing, improving safety and efficiency.

Service

Logistics and Supply Chain Management: Services that coordinate the transportation and storage of raw materials and finished products, ensuring timely delivery and inventory management.

Quality Control Services: Services that monitor and evaluate the manufacturing processes and final products to ensure compliance with safety and performance standards.

Research and Development Services: Services focused on innovating new battery technologies and improving existing products, crucial for maintaining competitiveness in the market.

Products and Services Supplied by NAICS Code 335910-01

Explore a detailed compilation of the unique products and services offered by the Storage-Batteries (Manufacturing) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Storage-Batteries (Manufacturing) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Storage-Batteries (Manufacturing) industry. It highlights the primary inputs that Storage-Batteries (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Battery Management Systems (BMS): While not a battery itself, the BMS is crucial for monitoring and managing battery performance, ensuring safety and longevity in applications ranging from electric vehicles to renewable energy storage.

Battery Packs: These are assembled units of multiple batteries designed to provide higher voltage and capacity, commonly used in electric vehicles and portable power tools, ensuring efficient energy delivery for demanding applications.

Flow Batteries: Constructed using liquid electrolytes, flow batteries are designed for large-scale energy storage solutions, allowing for long-duration discharge and making them ideal for grid energy management and renewable integration.

Lead-acid Batteries: Produced through a combination of lead dioxide and sponge lead, these batteries are commonly used in automotive applications and backup power systems, providing reliable energy storage for starting engines and powering electrical systems.

Lithium-ion Batteries: These rechargeable batteries are manufactured using lithium compounds and are widely used in consumer electronics, electric vehicles, and renewable energy storage systems due to their high energy density and long cycle life.

Nickel-metal Hydride Batteries: Manufactured using nickel and hydrogen-absorbing alloys, these batteries are often found in hybrid vehicles and portable electronics, offering a balance of energy capacity and environmental friendliness.

Rechargeable Alkaline Batteries: These batteries are produced using alkaline chemistry and are designed for multiple recharges, providing a more sustainable option for powering household devices and reducing waste.

Sodium-sulfur Batteries: These high-temperature batteries are created using sodium and sulfur, making them suitable for large-scale energy storage applications, particularly in renewable energy systems where they help balance supply and demand.

Solid-state Batteries: Manufactured using solid electrolytes instead of liquid ones, these batteries promise enhanced safety and energy density, making them a potential game-changer for electric vehicles and portable electronics.

Zinc-bromine Batteries: These batteries utilize a zinc-bromine chemistry and are known for their long cycle life and high efficiency, making them suitable for renewable energy applications and large-scale energy storage.

Comprehensive PESTLE Analysis for Storage-Batteries (Manufacturing)

A thorough examination of the Storage-Batteries (Manufacturing) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

  • Government Incentives for Renewable Energy

    Description: Government incentives aimed at promoting renewable energy sources significantly impact the manufacturing of storage batteries. Recent policies, including tax credits and grants for electric vehicle (EV) infrastructure, have increased demand for energy storage solutions across the USA.

    Impact: These incentives encourage manufacturers to invest in production capabilities and innovation, leading to increased competition and market growth. The long-term implications include a more robust supply chain and potential partnerships with renewable energy providers, while short-term effects may include fluctuations in demand based on policy changes.

    Trend Analysis: Historically, government support for renewable energy has fluctuated with political administrations. Currently, there is a strong trend towards increasing support for green technologies, with predictions indicating sustained growth in incentives as climate change concerns intensify. The certainty of this trend is high, driven by public and political pressure for sustainable solutions.

    Trend: Increasing
    Relevance: High
  • Trade Policies and Tariffs

    Description: Trade policies, including tariffs on imported materials and components, directly affect the storage-battery manufacturing industry. Recent changes in trade agreements and tariffs have impacted the cost structure for manufacturers reliant on foreign materials.

    Impact: Increased tariffs can raise production costs, leading to higher prices for consumers and potentially reduced competitiveness against international manufacturers. Companies may need to seek alternative suppliers or invest in domestic sourcing, which can have significant operational implications.

    Trend Analysis: The trend in trade policies has been increasingly protectionist, with recent tariffs affecting various sectors. The future trajectory remains uncertain, influenced by ongoing negotiations and geopolitical tensions. The level of certainty regarding these impacts is medium, as trade dynamics continue to evolve.

    Trend: Increasing
    Relevance: Medium

Economic Factors

  • Growth in Electric Vehicle Market

    Description: The rapid expansion of the electric vehicle (EV) market is a significant economic factor influencing the storage-battery manufacturing industry. As more consumers and businesses transition to EVs, the demand for high-capacity batteries has surged.

    Impact: This growth presents substantial opportunities for manufacturers to expand their product lines and innovate. However, it also creates pressure to meet rising demand while managing supply chain constraints and production costs, which can affect profitability.

    Trend Analysis: The EV market has experienced exponential growth over the past few years, with projections indicating continued expansion as technology improves and consumer acceptance increases. The certainty of this trend is high, driven by environmental policies and consumer preferences for sustainable transportation.

    Trend: Increasing
    Relevance: High
  • Raw Material Costs

    Description: Fluctuations in the costs of raw materials, such as lithium and cobalt, are critical economic factors for the storage-battery manufacturing industry. Recent supply chain disruptions and increased global demand have led to rising prices for these essential components.

    Impact: Higher raw material costs can squeeze profit margins and necessitate price adjustments for finished products. Manufacturers may need to explore alternative materials or invest in recycling technologies to mitigate these impacts, which can involve significant operational changes.

    Trend Analysis: The trend of increasing raw material costs has been evident over the past few years, with predictions of continued volatility due to geopolitical factors and supply chain challenges. The level of certainty regarding these trends is medium, influenced by market dynamics and resource availability.

    Trend: Increasing
    Relevance: High

Social Factors

  • Consumer Awareness of Sustainability

    Description: There is a growing consumer awareness and demand for sustainable products, including energy storage solutions. This trend is particularly strong among environmentally conscious consumers who prioritize products that reduce carbon footprints.

    Impact: Manufacturers that align their products with sustainability trends can enhance brand loyalty and capture a larger market share. However, those that fail to adapt may face declining sales and reputational risks in a competitive market.

    Trend Analysis: Consumer awareness regarding sustainability has been on the rise, with a strong trajectory expected to continue. The certainty of this trend is high, driven by increased access to information and advocacy for environmental responsibility.

    Trend: Increasing
    Relevance: High
  • Shift Towards Renewable Energy Sources

    Description: The transition to renewable energy sources, such as solar and wind, is driving demand for storage batteries. As more households and businesses adopt renewable energy systems, the need for effective energy storage solutions becomes critical.

    Impact: This shift creates opportunities for manufacturers to develop innovative products that cater to the growing market. However, it also requires adaptation to changing technologies and consumer preferences, which can impact operational strategies.

    Trend Analysis: The trend towards renewable energy adoption has been steadily increasing, with high certainty regarding its future trajectory as governments and consumers prioritize sustainable energy solutions. This trend is supported by technological advancements and policy incentives.

    Trend: Increasing
    Relevance: High

Technological Factors

  • Advancements in Battery Technology

    Description: Technological advancements in battery chemistry and design, such as solid-state batteries and improved lithium-ion technologies, are transforming the storage-battery manufacturing industry. These innovations enhance performance, safety, and energy density.

    Impact: Investing in cutting-edge technologies can provide manufacturers with a competitive edge, allowing for the production of superior products that meet evolving consumer demands. However, the initial investment in research and development can be substantial, posing challenges for smaller companies.

    Trend Analysis: The trend towards adopting advanced battery technologies has been growing, with many manufacturers investing heavily in R&D to stay competitive. The certainty of this trend is high, driven by consumer demand for better performance and longer-lasting products.

    Trend: Increasing
    Relevance: High
  • Automation in Manufacturing Processes

    Description: The integration of automation and robotics in manufacturing processes is reshaping the storage-battery industry. Automation enhances efficiency, reduces labor costs, and improves product consistency.

    Impact: While automation can lead to significant operational efficiencies, it also requires substantial upfront investment and can lead to workforce reductions, impacting employee relations and company culture. Manufacturers must balance these factors to optimize production.

    Trend Analysis: The trend towards automation has been steadily increasing, with a high level of certainty regarding its impact on manufacturing efficiency. This shift is driven by technological advancements and the need for cost-effective production methods.

    Trend: Increasing
    Relevance: High

Legal Factors

  • Regulatory Compliance for Safety Standards

    Description: The storage-battery manufacturing industry is subject to stringent safety and environmental regulations. Compliance with these regulations is critical to ensure product safety and minimize environmental impact.

    Impact: Non-compliance can lead to severe penalties, product recalls, and damage to brand reputation. Manufacturers must invest in compliance measures and training to avoid legal repercussions, impacting operational costs and efficiency.

    Trend Analysis: The trend towards stricter regulatory compliance has been increasing, with a high level of certainty regarding its impact on the industry. This trend is driven by heightened public awareness of safety and environmental issues.

    Trend: Increasing
    Relevance: High
  • Intellectual Property Protection

    Description: Intellectual property (IP) protection is crucial for the storage-battery manufacturing industry, particularly as companies invest in innovative technologies. Strong IP laws help safeguard proprietary technologies and processes from infringement.

    Impact: Effective IP protection can enhance competitive advantage and encourage innovation, while weak protections can lead to increased competition from counterfeit products and reduced profitability. Manufacturers must navigate these legal landscapes carefully to protect their interests.

    Trend Analysis: The trend towards strengthening IP laws has been stable, with ongoing discussions about enhancing protections in the tech sector. The level of certainty regarding this trend is medium, influenced by political and economic factors.

    Trend: Stable
    Relevance: Medium

Economical Factors

  • Impact of Climate Change on Supply Chains

    Description: Climate change poses significant risks to the supply chains of storage-battery manufacturers, affecting the availability and cost of raw materials. Extreme weather events can disrupt production and logistics, impacting overall operations.

    Impact: The effects of climate change can lead to increased costs and supply shortages, necessitating manufacturers to develop adaptive strategies and diversify their supply chains to mitigate risks. This can involve significant operational adjustments and investments.

    Trend Analysis: The trend of climate change impacts on supply chains is increasing, with a high level of certainty regarding its effects on various industries. This trend is driven by observable changes in weather patterns and increasing regulatory pressures for sustainability.

    Trend: Increasing
    Relevance: High
  • Sustainability Practices in Manufacturing

    Description: There is a growing emphasis on sustainability practices within the storage-battery manufacturing industry, driven by consumer demand and regulatory pressures. This includes reducing waste and improving energy efficiency in production processes.

    Impact: Adopting sustainable practices can enhance brand reputation and align with consumer values, potentially leading to increased sales. However, transitioning to these practices may require significant investment and operational changes, which can be challenging for some manufacturers.

    Trend Analysis: The trend towards sustainability in manufacturing has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory initiatives promoting environmentally friendly practices.

    Trend: Increasing
    Relevance: High

Value Chain Analysis for NAICS 335910-01

An in-depth look at the Storage-Batteries (Manufacturing) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Component Manufacturer
Value Stage: Intermediate
Description: The industry operates as a component manufacturer, focusing on the production of rechargeable batteries that serve as critical components in various applications, including electric vehicles and renewable energy systems. This role involves transforming raw materials into finished battery products that meet specific performance and safety standards.

Upstream Industries

  • Plastics Material and Resin Manufacturing - NAICS 325211
    Importance: Critical
    Description: Manufacturers of storage batteries rely on plastics and resins for casing and insulation materials. These inputs are essential for ensuring the durability and safety of batteries, contributing significantly to their overall performance and longevity.
  • Copper, Nickel, Lead, and Zinc Mining - NAICS 212230
    Importance: Critical
    Description: Lead and zinc ores are vital for producing lead-acid batteries, a common type of rechargeable battery. The quality of these ores directly affects the efficiency and reliability of the batteries produced, making this relationship crucial for maintaining high production standards.
  • All Other Miscellaneous Chemical Product and Preparation Manufacturing - NAICS 325998
    Importance: Important
    Description: Chemical manufacturers supply various electrolytes and additives used in battery production. These chemicals enhance battery performance, longevity, and safety, thus playing a significant role in the overall value creation process.

Downstream Industries

  • Automobile and Light Duty Motor Vehicle Manufacturing - NAICS 336110
    Importance: Critical
    Description: Electric vehicle manufacturers utilize storage batteries as a primary power source, directly impacting vehicle performance and range. The quality and efficiency of the batteries are paramount, as they influence customer satisfaction and vehicle reliability.
  • Solar Electric Power Generation - NAICS 221114
    Importance: Important
    Description: Manufacturers of renewable energy systems, such as solar and wind, depend on storage batteries for energy storage solutions. The effectiveness of these batteries is crucial for optimizing energy use and ensuring system reliability, thereby enhancing the overall value proposition of renewable technologies.
  • All Other Miscellaneous Electrical Equipment and Component Manufacturing - NAICS 335999
    Importance: Important
    Description: Backup power supply systems incorporate storage batteries to provide emergency power during outages. The performance and reliability of these batteries are critical for ensuring uninterrupted power supply, which is essential for both residential and commercial customers.
  • Direct to Consumer
    Importance: Supplementary
    Description: Consumers purchase storage batteries for personal use in devices such as smartphones, laptops, and home energy systems. This relationship allows manufacturers to engage directly with end-users, ensuring that products meet consumer expectations for quality and performance.

Primary Activities

Inbound Logistics: Inbound logistics involve the careful receipt and handling of raw materials such as lead, plastics, and chemicals. Efficient storage practices are implemented to maintain optimal conditions for sensitive materials, ensuring quality control through rigorous testing and inspection processes. Challenges include managing supply chain disruptions and maintaining inventory levels to meet production demands.

Operations: Core operations include the assembly of battery cells, integration of components, and rigorous testing for performance and safety. Quality management practices involve adhering to industry standards and certifications, ensuring that each battery meets specific performance metrics. Key operational considerations include optimizing production efficiency and minimizing waste during the manufacturing process.

Outbound Logistics: Outbound logistics encompass the distribution of finished batteries to various manufacturers and retailers. Common practices include using specialized transportation methods to preserve battery integrity during transit, ensuring timely delivery to meet customer demands while maintaining quality standards throughout the supply chain.

Marketing & Sales: Marketing strategies focus on highlighting the performance, reliability, and safety of storage batteries through targeted campaigns and partnerships with manufacturers. Customer relationship practices involve providing technical support and education on battery usage and maintenance. Sales processes typically include direct engagement with manufacturers and distributors to understand their specific needs and requirements.

Support Activities

Infrastructure: The industry relies on robust management systems that facilitate production planning, quality assurance, and compliance with safety regulations. Organizational structures often include specialized teams for research and development, production management, and quality control, ensuring efficient operations and innovation. Planning systems are essential for aligning production schedules with market demand.

Human Resource Management: Workforce requirements include skilled technicians and engineers with expertise in battery technology and manufacturing processes. Training and development programs focus on enhancing technical skills and knowledge of safety protocols, ensuring that employees are well-equipped to meet industry standards and challenges.

Technology Development: Key technologies include advanced manufacturing techniques such as automated assembly and quality testing systems. Innovation practices involve ongoing research into new battery chemistries and technologies that improve performance and reduce environmental impact. Industry-standard systems often incorporate data analytics for monitoring production efficiency and product quality.

Procurement: Sourcing strategies emphasize establishing long-term relationships with reliable suppliers for critical raw materials. Supplier relationship management is vital for ensuring consistent quality and timely delivery of inputs, while purchasing practices often focus on sustainability and cost-effectiveness.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is evaluated through metrics such as production yield, cycle time, and defect rates. Common efficiency measures include continuous improvement initiatives aimed at reducing waste and optimizing resource use. Industry benchmarks are established based on best practices and performance standards within the battery manufacturing sector.

Integration Efficiency: Coordination methods involve close collaboration between production, procurement, and sales teams to ensure alignment on production schedules and inventory management. Communication systems often utilize integrated software platforms for real-time updates and data sharing across departments, enhancing overall operational efficiency.

Resource Utilization: Resource management practices focus on optimizing the use of raw materials and energy in the manufacturing process. Optimization approaches may include implementing lean manufacturing principles and recycling initiatives to minimize waste and enhance sustainability, adhering to industry standards for environmental responsibility.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include high-quality raw materials, advanced manufacturing technologies, and strong relationships with downstream customers. Critical success factors involve maintaining product quality, innovation in battery technology, and responsiveness to market demands.

Competitive Position: Sources of competitive advantage include the ability to produce high-performance batteries that meet stringent safety and efficiency standards. Industry positioning is influenced by technological advancements and the growing demand for renewable energy solutions, impacting market dynamics and competitive strategies.

Challenges & Opportunities: Current industry challenges include fluctuating raw material prices, regulatory compliance, and competition from alternative energy storage solutions. Future trends may involve increased demand for sustainable battery technologies and innovations in recycling processes, presenting opportunities for manufacturers to enhance their market position and profitability.

SWOT Analysis for NAICS 335910-01 - Storage-Batteries (Manufacturing)

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Storage-Batteries (Manufacturing) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The manufacturing sector benefits from a robust infrastructure that includes advanced production facilities, specialized equipment, and a well-established logistics network. This strong infrastructure supports efficient manufacturing processes and enables companies to scale operations effectively, meeting the increasing demand for energy storage solutions.

Technological Capabilities: The industry is characterized by significant technological advancements, including innovations in battery chemistry and manufacturing processes. Companies hold numerous patents for proprietary technologies that enhance battery performance and longevity, providing a competitive edge in a rapidly evolving market.

Market Position: The industry enjoys a strong market position, driven by the growing demand for renewable energy solutions and electric vehicles. Major manufacturers have established brand recognition and customer loyalty, positioning themselves favorably against competitors in both domestic and international markets.

Financial Health: Financial performance within the industry is generally strong, with many companies reporting healthy profit margins and consistent revenue growth. The financial stability is bolstered by increasing investments in renewable energy and electric vehicle sectors, although fluctuations in raw material prices can pose challenges.

Supply Chain Advantages: The industry benefits from well-developed supply chain networks that facilitate the procurement of raw materials and distribution of finished products. Strong relationships with suppliers and logistics partners enhance operational efficiency, allowing manufacturers to respond quickly to market demands.

Workforce Expertise: The labor force in this sector is highly skilled, with many workers possessing specialized training in engineering, manufacturing processes, and quality control. This expertise contributes to high product standards and operational efficiency, although ongoing training is essential to keep pace with technological advancements.

Weaknesses

Structural Inefficiencies: Some manufacturers face structural inefficiencies due to outdated production methods or inadequate facility layouts, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more modernized operations that leverage automation and advanced manufacturing techniques.

Cost Structures: The industry grapples with rising costs associated with raw materials, labor, and compliance with environmental regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies to maintain profitability.

Technology Gaps: While leading companies are technologically advanced, others lag in adopting new manufacturing technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market and limiting innovation.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of critical raw materials, such as lithium and cobalt, which are essential for battery production. These resource limitations can disrupt production schedules and impact product availability, particularly as global demand increases.

Regulatory Compliance Issues: Navigating the complex landscape of environmental regulations poses challenges for many manufacturers. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage, affecting market position.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Companies may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities in emerging markets.

Opportunities

Market Growth Potential: There is substantial potential for market growth driven by increasing consumer demand for renewable energy solutions and electric vehicles. The trend towards sustainable energy storage presents opportunities for manufacturers to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in battery technologies, such as solid-state batteries and improved recycling methods, offer opportunities for enhancing product performance and sustainability. These technologies can lead to increased efficiency and reduced environmental impact, positioning companies favorably in the market.

Economic Trends: Favorable economic conditions, including rising investments in clean energy and government incentives for electric vehicles, support growth in the storage-batteries manufacturing sector. As consumers and businesses prioritize sustainability, demand for energy storage solutions is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting clean energy and reducing carbon emissions could benefit the industry. Companies that adapt to these changes by offering compliant and innovative products may gain a competitive edge in the market.

Consumer Behavior Shifts: Shifts in consumer preferences towards sustainable and energy-efficient products create opportunities for growth. Manufacturers that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Companies must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for storage batteries. Manufacturers must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding battery disposal and recycling can pose challenges for the industry. Companies must invest in compliance measures to avoid penalties and ensure environmental sustainability.

Technological Disruption: Emerging technologies in alternative energy storage solutions, such as hydrogen fuel cells, could disrupt the market for traditional batteries. Manufacturers need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Companies must adopt sustainable practices to meet consumer expectations and regulatory requirements, particularly regarding battery recycling and waste management.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for energy storage solutions. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that companies can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

  • The strong market position interacts with emerging technologies, as companies that leverage new battery technologies can enhance product performance and competitiveness. This interaction is critical for maintaining market share and driving growth.
  • Financial health and cost structures are interconnected, as improved financial performance can enable investments in technology that reduce operational costs. This relationship is vital for long-term sustainability.
  • Consumer behavior shifts towards sustainable products create opportunities for market growth, influencing manufacturers to innovate and diversify their product offerings. This interaction is high in strategic importance as it drives industry evolution.
  • Regulatory compliance issues can impact financial health, as non-compliance can lead to penalties that affect profitability. Companies must prioritize compliance to safeguard their financial stability.
  • Competitive pressures and market access barriers are interconnected, as strong competition can make it more challenging for new entrants to gain market share. This interaction highlights the need for strategic positioning and differentiation.
  • Supply chain advantages can mitigate resource limitations, as strong relationships with suppliers can ensure a steady flow of raw materials. This relationship is critical for maintaining operational efficiency.
  • Technological gaps can hinder market position, as companies that fail to innovate may lose competitive ground. Addressing these gaps is essential for sustaining industry relevance.

Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer demand for renewable energy solutions and electric vehicles. Key growth drivers include advancements in battery technologies, favorable economic conditions, and government incentives for clean energy. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out sustainable energy storage solutions. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

  • Prioritize investment in advanced battery technologies to enhance efficiency and product quality. This recommendation is critical due to the potential for significant cost savings and improved market competitiveness. Implementation complexity is moderate, requiring capital investment and training. A timeline of 1-2 years is suggested for initial investments, with ongoing evaluations for further advancements.
  • Develop a comprehensive sustainability strategy to address environmental concerns and meet consumer expectations. This initiative is of high priority as it can enhance brand reputation and compliance with regulations. Implementation complexity is high, necessitating collaboration across the supply chain. A timeline of 2-3 years is recommended for full integration.
  • Expand product lines to include innovative energy storage solutions in response to shifting consumer preferences. This recommendation is important for capturing new market segments and driving growth. Implementation complexity is moderate, involving market research and product development. A timeline of 1-2 years is suggested for initial product launches.
  • Enhance regulatory compliance measures to mitigate risks associated with non-compliance. This recommendation is crucial for maintaining financial health and avoiding penalties. Implementation complexity is manageable, requiring staff training and process adjustments. A timeline of 6-12 months is recommended for initial compliance audits.
  • Strengthen supply chain relationships to ensure stability in raw material availability. This recommendation is vital for mitigating risks related to resource limitations. Implementation complexity is low, focusing on communication and collaboration with suppliers. A timeline of 1 year is suggested for establishing stronger partnerships.

Geographic and Site Features Analysis for NAICS 335910-01

An exploration of how geographic and site-specific factors impact the operations of the Storage-Batteries (Manufacturing) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: Manufacturing operations are predominantly located in regions with established industrial bases, such as California and Texas, where proximity to technology hubs and energy markets enhances operational efficiency. These areas provide access to skilled labor and supply chains critical for battery production, while also benefiting from favorable transportation networks that facilitate distribution to both domestic and international markets.

Topography: Flat and accessible terrain is essential for manufacturing facilities, allowing for the construction of large-scale production plants and storage areas. Regions like the Midwest, with its expansive flatlands, offer ideal conditions for building and expanding manufacturing operations, while also ensuring efficient logistics for raw material delivery and finished product distribution.

Climate: Manufacturing processes are sensitive to temperature and humidity levels, necessitating climate-controlled environments to ensure product quality and safety. Regions with moderate climates, such as the Pacific Northwest, may reduce energy costs associated with heating and cooling, while areas prone to extreme temperatures require robust climate adaptation strategies to maintain operational efficiency throughout the year.

Vegetation: Manufacturing sites must consider local vegetation management to comply with environmental regulations and minimize risks of contamination. Facilities often implement buffer zones with native plant species to enhance ecological balance while ensuring that vegetation does not interfere with operational activities or safety protocols.

Zoning and Land Use: Manufacturing operations require industrial zoning classifications that allow for heavy machinery use and chemical storage. Local regulations may dictate specific land use requirements, including environmental impact assessments and permits for hazardous materials, which can vary significantly between states, affecting site selection and operational planning.

Infrastructure: Critical infrastructure includes reliable access to utilities such as electricity and water, essential for battery manufacturing processes. Transportation infrastructure, including highways and railroads, is vital for the efficient movement of raw materials and finished products. Additionally, robust communication networks are necessary to support advanced manufacturing technologies and operational management systems.

Cultural and Historical: The presence of manufacturing facilities often influences local economies, creating job opportunities and fostering community engagement. Historical ties to the energy sector in regions like Texas contribute to a favorable perception of battery manufacturing, as communities recognize the industry's role in advancing renewable energy solutions. However, local concerns regarding environmental impacts necessitate ongoing dialogue and transparency between manufacturers and residents.

In-Depth Marketing Analysis

A detailed overview of the Storage-Batteries (Manufacturing) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Large

Description: This industry focuses on the production of rechargeable storage batteries, which are essential for various applications including electric vehicles, renewable energy systems, and backup power supplies. The manufacturing process involves assembling components, quality testing, and packaging for distribution.

Market Stage: Growth. The industry is currently in a growth stage, driven by increasing demand for renewable energy solutions and electric vehicles. Manufacturers are expanding production capabilities to meet the rising needs of both consumer and industrial markets.

Geographic Distribution: National. Manufacturing facilities are distributed across the United States, with significant concentrations in states like California, Texas, and Michigan, where there is proximity to automotive and technology sectors.

Characteristics

  • High Precision Manufacturing: Production processes require high precision in component assembly and quality control to ensure battery performance and safety, utilizing advanced robotics and automated testing systems.
  • Rapid Technological Advancements: The industry is characterized by continuous innovation, with manufacturers regularly updating technologies to improve battery efficiency, lifespan, and charging speed, responding to competitive pressures and consumer expectations.
  • Diverse Application Range: Batteries produced serve a wide array of applications, from consumer electronics to large-scale energy storage systems, necessitating flexible manufacturing processes to accommodate different specifications and requirements.
  • Sustainability Practices: Manufacturers are increasingly adopting sustainable practices, including recycling programs for battery materials and reducing waste in production processes, aligning with environmental regulations and consumer preferences.

Market Structure

Market Concentration: Moderately Concentrated. The market is moderately concentrated with several key players dominating production, while numerous smaller firms focus on niche applications or regional markets.

Segments

  • Electric Vehicle Batteries: This segment focuses on producing high-capacity batteries specifically designed for electric vehicles, requiring advanced technology and compliance with automotive standards.
  • Renewable Energy Storage Solutions: Manufacturers produce batteries for solar and wind energy systems, emphasizing long cycle life and efficiency to support grid stability and energy management.
  • Consumer Electronics Batteries: This segment includes batteries for smartphones, laptops, and other portable devices, requiring rapid production cycles and adherence to strict safety standards.

Distribution Channels

  • Direct Sales to OEMs: Manufacturers often sell directly to original equipment manufacturers (OEMs) in the automotive and electronics industries, establishing long-term contracts to ensure steady demand.
  • Wholesale Distributors: Batteries are also distributed through wholesale channels, allowing manufacturers to reach a broader market, including retailers and service providers.

Success Factors

  • Innovation and R&D Investment: Continuous investment in research and development is crucial for maintaining competitive advantage, enabling manufacturers to introduce new technologies and improve existing products.
  • Supply Chain Efficiency: Effective management of the supply chain, including sourcing raw materials and managing logistics, is essential for minimizing costs and ensuring timely delivery of products.
  • Quality Assurance Systems: Implementing rigorous quality assurance protocols throughout the manufacturing process is vital for ensuring product reliability and safety, which are critical in battery applications.

Demand Analysis

  • Buyer Behavior

    Types: Primary buyers include automotive manufacturers, renewable energy companies, and consumer electronics firms, each with specific requirements and purchasing cycles.

    Preferences: Buyers prioritize quality, safety certifications, and performance metrics, often requiring detailed specifications and compliance with industry standards.
  • Seasonality

    Level: Moderate
    Demand for batteries can exhibit moderate seasonal fluctuations, particularly in the consumer electronics sector during holiday seasons, while electric vehicle demand remains relatively stable.

Demand Drivers

  • Growth of Electric Vehicles: The increasing adoption of electric vehicles is a primary driver of demand, as manufacturers ramp up production to meet the needs of automotive companies.
  • Renewable Energy Adoption: As more consumers and businesses invest in renewable energy systems, the demand for efficient storage solutions continues to rise, impacting production volumes.
  • Technological Advancements in Electronics: The proliferation of portable electronic devices drives demand for high-performance batteries, requiring manufacturers to adapt quickly to changing specifications.

Competitive Landscape

  • Competition

    Level: High
    The industry experiences high competition, with numerous players vying for market share through innovation, pricing strategies, and customer service excellence.

Entry Barriers

  • High Capital Investment: Establishing a manufacturing facility requires significant capital investment in equipment and technology, often exceeding millions of dollars.
  • Technological Expertise: New entrants must possess advanced technical knowledge and expertise in battery chemistry and manufacturing processes to compete effectively.
  • Regulatory Compliance: Navigating the complex regulatory landscape for battery manufacturing, including safety and environmental regulations, poses a significant barrier to entry.

Business Models

  • OEM Partnerships: Many manufacturers operate under partnerships with OEMs, focusing on tailored battery solutions that meet specific performance and safety requirements.
  • Contract Manufacturing: Some firms provide contract manufacturing services, producing batteries for other brands, which allows for flexibility and diversification in product offerings.

Operating Environment

  • Regulatory

    Level: High
    Manufacturers must comply with stringent regulations regarding safety, environmental impact, and recycling, necessitating dedicated compliance teams and processes.
  • Technology

    Level: High
    The industry utilizes advanced manufacturing technologies, including automated assembly lines, precision testing equipment, and data analytics for production optimization.
  • Capital

    Level: High
    Operations require substantial capital for facility setup, equipment, and ongoing research and development, with significant costs associated with maintaining high production standards.

NAICS Code 335910-01 - Storage-Batteries (Manufacturing)

We now have complete information to process your request

Your dedicated data specialist is researching your target and will provide an industry report for your review shortly

What's Next?

1
Industry report based on your target will be sent to you by email (You're here)
2
Use this to review and refine your target
3
Free sample list will be provided to test drive the data
4
When ready for purchase, your complete list will be ready in minutes
Your data specialist

Your data specialist will assist you every step of the way

What Our Clients Say

I was able to supply NAICS/SIC codes to SICCODE.com, who provided a numerical total of their lists for each code. They provided also a sample list for me to judge the content and accuracy. Their Business Data Specialist sent then refined lists that allowed me to target my audience. They are professional and able to understand their products in great detail. I recommend them to anyone who wants to focus a targeted sales/marketing campaign.

SICCODE.com client

SICCODE.com client