Industrial-Noise-Control-Market

Traction Battery Market – Global Industry Analysis And Forecast (2023-2029)

 

Traction Battery Market was valued at US$ 36.98 Bn. in 2022. The Global Traction Battery Market size is estimated to grow at a CAGR of 8.2% over the forecast period.

Market Overview:

Price trend analysis of target brands, market information for other countries, clinical trial findings in data, literature research, refurbished market and product base analysis, and other services may be included in the Traction Battery market study. Target rival market analysis includes everything from technology-based research to market portfolio strategies. We have added as many competitors as was necessary as the current market scenario

Market Scope:

The Traction Battery market research study includes yearly projections through 2027, as well as insights into each of the major Traction Battery Market end users. The study calculates the worldwide Traction Battery Market’s revenue, sales, and growth rate.

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Drivers:

The traction battery market is expected to grow during the forecast period due to the large-scale deployment of traction batteries in electric and hybrid vehicles. They are in high demand in the automotive and manufacturing industries leading to global demand for traction batteries. In addition, the traction battery is recyclable and environmentally friendly. It is expected that the growth of the electric vehicle is due to the transportation electrification and rising investment which will increase demand during the forecast period.


Segmentation:

by Product Type

Lead acid-based
Nickel-based
Lithium-ion-based
Others

by Application

Electrical vehicle
Industrial
Locomotives
Others

by Capacity

less than 100Ah
100-200Ah
200-300Ah
300-400Ah
400Ah & above

Key Players: the key players are
1. BAE Batteries GmbH
2. Banner Batteries Ltd.
3. ECOVOLTA
4. Exide Industries Ltd
5. GS Yuasa International Ltd
6. LG Chem
7. Inci Aku
8. INTILION GmbH
9. Leoch International Technology Limited Inc
10. Toshiba Corporation
11. Samsung
12. Hitachi
13. BYD Company
14. Exide

Get Full Report:https://www.maximizemarketresearch.com/market-report/traction-battery-market/145881/ 

Regional Analysis:

The regional section of the Traction Battery market analysis also includes individual market influencing aspects and changes in market legislation that effect current and future market trends. Some of the major elements used to forecast market conditions for different countries are consumption quantities, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis.

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The report has assessed the global Traction Battery market in the following regions:

  • America, North (the United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

Key Questions answered in the Traction Battery Market Report are:

  • Which key trends are likely to emerge in the Traction Battery market in the forecast period?
  • What will be the Traction Battery market size by 2027?
  • Which company had the biggest share in the Traction Battery market in 2020?

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