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Download Free sampleTraction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
Traction Battery Market contains market size and forecasts of Traction Battery in Global, including the following market information:
Global Traction Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Traction Battery market was valued at 44110 million in 2021 and is projected to reach US$ 107620 million by 2028, at a CAGR of 13.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Open Lead Acid Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Traction Battery include Panasonic, Contemporary Amperex Technology Limited (CATL), LG Chem, BYD, GS Yuasa, Gotion, Inc., CSICP, Lishen and East Penn Manufacturing, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Traction Battery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Traction Battery Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Traction Battery Market Segment Percentages, by Type, 2021 (%)
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Global Traction Battery Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Traction Battery Market Segment Percentages, by Application, 2021 (%)
Industrial Vehicles
Recreational Vehicles
Global Traction Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Traction Battery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Traction Battery revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Traction Battery revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
Contemporary Amperex Technology Limited (CATL)
LG Chem
BYD
GS Yuasa
Gotion, Inc.
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
