Counterfeit Batteries Market Value: $23 Million
Posted in Counterfeit and Piracy · Comment
Counterfeit Batteries is the manufacturing and sale of batteries that profits off of the trademarks and brand names of legitimate battery manufacturers.
The National Electrical Manufacturers Association states that $23 million is lost to counterfeit batteries worldwide, with $12 million lost in the United States.
Source: National Electrical Manufacturers Association, ” Dry Battery Counterfeit White Paper,” (last accessed: September 25, 2007).
75 percent of mobile phone replacement batteries in India believed to be counterfeit
Source: “Counterfeit acount for 70-75% of replacement battery market: ICA,” The Economic Times, October 3, 2007.
