Report overview
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles. The main focus of the traction battery design is the need for high capacity weight and volume ratios as the vehicle must also carry its power source. Traction batteries often undergo deep cycles and typically require fast charging within 24 hours. Typical applications are the power of forklifts and electric carts. Traction batteries are typically designed with a tubular plate for better performance in deep cycle operation.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Traction Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Traction Battery. This report contains market size and forecasts of Electric Vehicle Traction Battery in global, including the following market information:
Global Electric Vehicle Traction Battery Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Electric Vehicle Traction Battery Market Sales, 2018-2023, 2024-2030, (MWh)
Global top five Electric Vehicle Traction Battery companies in 2022 (%)
The global Electric Vehicle Traction Battery market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Open Lead Acid Battery Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Electric Vehicle Traction Battery include Panasonic, CATL, BYD, GS Yuasa, LG Chem, East Penn Manufacturing, Enersys, Hitachi Chemical and BAE Batterien, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electric Vehicle Traction Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Vehicle Traction Battery Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (MWh)
Global Electric Vehicle Traction Battery Market Segment Percentages, by Type, 2022 (%)
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Global Electric Vehicle Traction Battery Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (MWh)
Global Electric Vehicle Traction Battery Market Segment Percentages, by Application, 2022 (%)
Industrial Electric Vehicles
Recreational Electric Vehicles
Global Electric Vehicle Traction Battery Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (MWh)
Global Electric Vehicle Traction Battery Market Segment Percentages, By Region and Country, 2022 (%)
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 Electric Vehicle Traction Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Vehicle Traction Battery revenues share in global market, 2022 (%)
Key companies Electric Vehicle Traction Battery sales in global market, 2018-2023 (Estimated), (MWh)
Key companies Electric Vehicle Traction Battery sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
CATL
BYD
GS Yuasa
LG Chem
East Penn Manufacturing
Enersys
Hitachi Chemical
BAE Batterien
Gotion
Lishen
TAB
CSICP
Clarios
Microtex
Zibo Torch Energy
LEOCH
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Vehicle Traction Battery, market overview.
Chapter 2: Global Electric Vehicle Traction Battery market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Vehicle Traction Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Vehicle Traction Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Vehicle Traction Battery capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
