by The global traction battery market size was approximate at US$ 21 billion in 2022 and is anticipated to grow US$ 339.94 billion by 2032, registering a compound annual growth rate of 21% from 2023 to 2032.
The traction battery market report covering various industry elements and growth trends helpful for predicting the market’s future.
The study provides a strong base for the traction battery market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2032.
This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2023 g0066ztr to 2032. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the traction battery report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the traction battery market have been studied and analysed across many developments.
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Traction Battery Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 60.87 Billion |
| Market Size by 2032 | USD 339.94 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 21% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 To 2032 |
| Segments Covered | By Product Type, By Capacity and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Also read: E-mobility Rental Market to Show Incredible Growth 2023 to 2032
Research Approach
The comprehensive report on the global traction battery market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global traction battery market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
Key Players
- BAE Batteries GmbH
- Banner Batteries (GB) Ltd.
- Ecovolta
- Exide Industries Ltd.
- GS Yuasa International Ltd.
- HOPPECKE Carl Zoellner & Sohn GmbH
- Inci Aku
- INTILION GmbH
- Leoch International Technology Limited Inc
- Toshiba Corporation
Market Segmentations
By Product Type
- Lead Acid Based
- Nickel Based
- Lithium-Ion Based
- Others
By Capacity
- Less than 100 Ah
- 100-200 Ah
- 200-300 Ah
- 300-400 Ah
- 400 Ah & Above
By Application
- Electric Vehicle (EV)
- Industrial
- Locomotives
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Traction Battery Market
5.1. COVID-19 Landscape: Traction Battery Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Traction Battery Market, By Product Type
8.1. Traction Battery Market Revenue and Volume, by Product Type, 2023-2032
8.1.1 Lead Acid Based
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Nickel Based
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Lithium-Ion Based
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Traction Battery Market, By Capacity
9.1. Traction Battery Market Revenue and Volume, by Capacity, 2023-2032
9.1.1. Less than 100 Ah
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. 100-200 Ah
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. 200-300 Ah
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. 300-400 Ah
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. 400 Ah & Above
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Traction Battery Market, By Application
10.1. Traction Battery Market Revenue and Volume, by Application, 2023-2032
10.1.1. Electric Vehicle (EV)
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Industrial
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Locomotives
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Traction Battery Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Capacity (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. BAE Batteries GmbH
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Banner Batteries (GB) Ltd.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Ecovolta
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Exide Industries Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. GS Yuasa International Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. HOPPECKE Carl Zoellner & Sohn GmbH
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Inci Aku
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. INTILION GmbH
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Leoch International Technology Limited Inc
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Toshiba Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global traction battery market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for traction battery are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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