July 20, 2024

Traction Battery Market Size To Cross USD 339.94 Bn By 2032

The global traction battery market size accounted for US$ 50.28 Bn in 2022 and is projected to reach around USD 339.94 Bn by 2032, growing at a CAGR of 21% from 2023 to 2032.

Traction Battery Market Size 2023 To 2032

Report Summary

The global traction battery market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the traction battery market across the globe.

A comprehensive estimate on the traction battery market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of traction battery during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Traction Battery Market Report Scope

Report CoverageDetails
Market Size in 2023USD 60.87 Billion
Market Size by 2032USD 339.94 Billion
Growth Rate from 2023 to 2032CAGR of 21%
Largest MarketAsia Pacific
Base Year2022
Forecast Period2023 To 2032
Segments CoveredBy Product Type, By Capacity and By Application
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized traction battery market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: E-mobility Rental Market Size Analysis 2023 To 2032

Traction Battery Market Players

The report includes the profiles of key traction battery market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • 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 Segmentation

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

Regional Segmentation

    • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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