Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Traction Batteries Market by Type (Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries), By Application (BEVs, HEVs, PHEVs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Traction Batteries Market by Type (Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries), By Application (BEVs, HEVs, PHEVs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 136560 3300 Energy & Power 377 233 Pages 4.9 (40)
                                          

The global traction batteries market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs). The increasing demand for EVs and HEVs is due to their low emission levels, which helps in reducing air pollution. Moreover, these vehicles are also cost-effective as compared to conventional fuel-powered cars. The global traction batteries market has been segmented on the basis of type into lithium ion batteries, nickel metal hydride batteries, and lead acid batteries; on the basis of application into BEVs, HEVs, and PHEVs; and on the basis of region into North America, Latin America, Europe, Asia Pacific & Middle East & Africa.

  1. The increasing demand for electric vehicles is expected to drive the growth of the traction battery market.
  2. Increasing investments in research and development activities by key players in this market are also driving its growth.
  3. Growing awareness about environmental issues is also expected to fuel the traction battery market.

Industry Growth Insights published a new data on “Traction Batteries Market”. The research report is titled “Traction Batteries Market research by Types (Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries), By Applications (BEVs, HEVs, PHEVs), By Players/Companies Panasonic, BYD, LG Chem, AESC, SAMSUNG SDI, Mitsubishi/GS Yuasa, Epower, Beijing Pride Power, Air Litium (Lyoyang), Wanxiang, Tianjin Lishen Battery, Automotive Energy Supply Corporation, Primearth EV Energy, Hitachi Vehicle Energy, TOSHIBA CORPORATION, SK Innovation, Amperex Technology, CATL”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Traction Batteries Market Research Report

By Type

Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries

By Application

BEVs, HEVs, PHEVs

By Companies

Panasonic, BYD, LG Chem, AESC, SAMSUNG SDI, Mitsubishi/GS Yuasa, Epower, Beijing Pride Power, Air Litium (Lyoyang), Wanxiang, Tianjin Lishen Battery, Automotive Energy Supply Corporation, Primearth EV Energy, Hitachi Vehicle Energy, TOSHIBA CORPORATION, SK Innovation, Amperex Technology, CATL

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Traction Batteries Industry Outlook


Global Traction Batteries Market Report Segments:

The global Traction Batteries market is segmented on the basis of:

Types

Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

BEVs, HEVs, PHEVs

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Panasonic
  2. BYD
  3. LG Chem
  4. AESC
  5. SAMSUNG SDI
  6. Mitsubishi/GS Yuasa
  7. Epower
  8. Beijing Pride Power
  9. Air Litium (Lyoyang)
  10. Wanxiang
  11. Tianjin Lishen Battery
  12. Automotive Energy Supply Corporation
  13. Primearth EV Energy
  14. Hitachi Vehicle Energy
  15. TOSHIBA CORPORATION
  16. SK Innovation
  17. Amperex Technology
  18. CATL

Global Traction Batteries Market Overview


Highlights of The Traction Batteries Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Lithium-Ion Batteries
    2. Nickel-Metal Hydride Batteries
    3. Lead-Acid Batteries
  1. By Application:

    1. BEVs
    2. HEVs
    3. PHEVs
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Traction Batteries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Traction Batteries Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Traction batteries are a type of battery that is used to power electric vehicles. They are made up of several cells that are connected together and can be charged using an electric current.

Some of the major companies in the traction batteries market are Panasonic, BYD, LG Chem, AESC, SAMSUNG SDI, Mitsubishi/GS Yuasa, Epower, Beijing Pride Power, Air Litium (Lyoyang), Wanxiang, Tianjin Lishen Battery, Automotive Energy Supply Corporation, Primearth EV Energy, Hitachi Vehicle Energy, TOSHIBA CORPORATION, SK Innovation, Amperex Technology, CATL.

The traction batteries market is expected to grow at a compound annual growth rate of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Traction Batteries Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Traction Batteries Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Traction Batteries Market - Supply Chain
   4.5. Global Traction Batteries Market Forecast
      4.5.1. Traction Batteries Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Traction Batteries Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Traction Batteries Market Absolute $ Opportunity

5. Global Traction Batteries Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Traction Batteries Market Size and Volume Forecast by Type
      5.3.1. Lithium-Ion Batteries
      5.3.2. Nickel-Metal Hydride Batteries
      5.3.3. Lead-Acid Batteries
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Traction Batteries Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Traction Batteries Market Size and Volume Forecast by Application
      6.3.1. BEVs
      6.3.2. HEVs
      6.3.3. PHEVs
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Traction Batteries Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Traction Batteries Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Traction Batteries Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Traction Batteries Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Traction Batteries Demand Share Forecast, 2019-2029

9. North America Traction Batteries Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Traction Batteries Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Traction Batteries Market Size and Volume Forecast by Application
      9.4.1. BEVs
      9.4.2. HEVs
      9.4.3. PHEVs
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Traction Batteries Market Size and Volume Forecast by Type
      9.7.1. Lithium-Ion Batteries
      9.7.2. Nickel-Metal Hydride Batteries
      9.7.3. Lead-Acid Batteries
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Traction Batteries Demand Share Forecast, 2019-2029

10. Latin America Traction Batteries Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Traction Batteries Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Traction Batteries Market Size and Volume Forecast by Application
      10.4.1. BEVs
      10.4.2. HEVs
      10.4.3. PHEVs
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Traction Batteries Market Size and Volume Forecast by Type
      10.7.1. Lithium-Ion Batteries
      10.7.2. Nickel-Metal Hydride Batteries
      10.7.3. Lead-Acid Batteries
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Traction Batteries Demand Share Forecast, 2019-2029

11. Europe Traction Batteries Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Traction Batteries Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Traction Batteries Market Size and Volume Forecast by Application
      11.4.1. BEVs
      11.4.2. HEVs
      11.4.3. PHEVs
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Traction Batteries Market Size and Volume Forecast by Type
      11.7.1. Lithium-Ion Batteries
      11.7.2. Nickel-Metal Hydride Batteries
      11.7.3. Lead-Acid Batteries
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attrativeness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Traction Batteries Demand Share, 2019-2029

12. Asia Pacific Traction Batteries Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Traction Batteries Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Traction Batteries Market Size and Volume Forecast by Application
      12.4.1. BEVs
      12.4.2. HEVs
      12.4.3. PHEVs
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Traction Batteries Market Size and Volume Forecast by Type
      12.7.1. Lithium-Ion Batteries
      12.7.2. Nickel-Metal Hydride Batteries
      12.7.3. Lead-Acid Batteries
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Traction Batteries Demand Share, 2019-2029

13. Middle East & Africa Traction Batteries Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Traction Batteries Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Traction Batteries Market Size and Volume Forecast by Application
      13.4.1. BEVs
      13.4.2. HEVs
      13.4.3. PHEVs
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Traction Batteries Market Size and Volume Forecast by Type
      13.7.1. Lithium-Ion Batteries
      13.7.2. Nickel-Metal Hydride Batteries
      13.7.3. Lead-Acid Batteries
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Traction Batteries Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Traction Batteries Market: Market Share Analysis
   14.2. Traction Batteries Distributors and Customers
   14.3. Traction Batteries Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Panasonic
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. BYD
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. LG Chem
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. AESC
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. SAMSUNG SDI
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Mitsubishi/GS Yuasa
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Epower
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Beijing Pride Power
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Air Litium (Lyoyang)
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Wanxiang
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Tianjin Lishen Battery
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Automotive Energy Supply Corporation
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Primearth EV Energy
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Hitachi Vehicle Energy
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. TOSHIBA CORPORATION
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. SK Innovation
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Amperex Technology
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. CATL
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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