CATEGORY
Batteries
Beroe LiVE.Ai™
AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Batteries.
Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.
Category Alerts
CATL's plant shut down in Southwest China amidst deteriorating power crisis likely to impact raw material prices especially lithium
August 18, 2022China's Contemporary Amperex Technology Co. (CATL) plans to build battery plant in Mexico to supply Tesla and Ford
July 21, 2022Samsung to invest $1.3 Billion for battery factory in Malaysia
July 21, 2022Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Batteries
Batteries Market Monitoring Dashboard
Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™
Batteries Industry Benchmarks
Savings Achieved
(in %)
The average annual savings achieved in Batteries category is 3.00%
Payment Terms
(in days)
The industry average payment terms in Batteries category for the current quarter is 105.0 days
Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™
Category Strategy and Flexibility
Engagement Model
Supply Assurance
Sourcing Process
Supplier Type
Pricing Model
Contract Length
SLAs/KPIs
Lead Time
Supplier Diversity
Targeted Savings
Risk Mitigation
Financial Risk
Sanctions
AMEs
Geopolitical Risk
Cost Optimization
Price per Unit Competitiveness
Specification Leanness
Minimum Order Quality
Payment Terms
Inventory Control
The World’s first Digital Market Analyst
Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions
Batteries Suppliers

Find the right-fit batteries supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.



Use the Batteries market, supplier and price information for category strategy creation and Quaterly Business Reviews (QRBs)
Batteries market report transcript
Batteries Global Market Outlook:
Market Growth: Global market size: $38.6 billion (2020) Expected to grow at a CAGR of 6-6.5 percent to $49.6 billion by 2023
Major Market Drivers: Increasing adoption of Li-Ion batteries in Consumer Electronics due to its high energy and power density thus ensuring smooth running of devices for long hours
Porter's Analysis on Batteries
Supplier Power
- The industry is moderately fragmented with the bigger players like LG Chem, Panasonic, Samsung SDI commanding a major chunk of the market. However, there is a presence of local suppliers as well
- The overall supplier power is moderate and with the adverse impact of the Covid-19 situation leading to supply shortages, it is expected to remain that way in the foreseeable future
Barriers to New Entrants
- It is imperative for manufacturers to have a highly skilled R&D team and R&D investments
- Consequently it is difficult for new manufacturing firms to enter the market due to the presence of well established manufacturers already entrenched in the market and the high costs of R&D investments and patent technologies involved
Intensity of Rivalry
- Top global and regional manufacturers have similar product portfolios leading to enhanced competition. Increasing demand of Li-Ion Batteries coupled with declining prices has also led to increase in competition within the industry
Threat of Substitutes
-
Threat of substitutes will be quite high with researchers trying to analyse and come up with various alternatives like Sodium-ion, Nickel- zinc, Proton, Aluminium-ion, Graphite dual-ion batteries, etc as they seek to produce batteries which can be cheaper, easy to produce and also hold as much energy as Li-ion batteries
Buyer Power
-
For customized batteries, buyers provide their requirements to the suppliers in terms of energy density, size etc. Hence, buyers enjoy considerably greater bargaining power
-
With the adverse effects of the Covid-19 situation, the bargaining power of buyers is expected to increase with manufacturers struggling to meet capacity demands