The market is dominated by foreign suppliers, as imports account for 54.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 55.8% of total demand in 2022. The US has the largest market size for accumulators, primary cells and primary batteries across the top 20 developed countries, with demand reaching USD46.3 billion in 2022. Johnson Controls Inc is the largest company in the US, generating 47.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 74.0% of total production value in 2022. The total number of companies decreases in 2022, to 336 units. The costs of the industry increase by 3.5% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.3% of production value in 2022, the third highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 19.1% of total production output. With production value of USD18.1 billion, the US accounts for 98.9% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in the US: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in the US: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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