Traction Battery market

Traction Battery Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • Energy and Natural Resources
  • 66 Pages
  • Report code : PMR-6789568

  • 4.7 (158)

Traction Battery Market

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Traction 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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