Global Traction Battery Market Research Report 2025(Status and Outlook)
Description
Report Overview
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
The global Traction Battery market size was estimated at USD 42870.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.14% during the forecast period.
This report provides a deep insight into the global Traction Battery market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Traction Battery Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Traction Battery market in any manner.
Global Traction Battery Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Panasonic
Contemporary Amperex Technology Limited (CATL)
LG Chem
BYD
GS Yuasa
Gotion
Inc.
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Market Segmentation (by Type)
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Market Segmentation (by Application)
Industrial Vehicles
Recreational Vehicles
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Traction Battery Market
Overview of the regional outlook of the Traction Battery Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Traction Battery Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Traction Battery, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
The global Traction Battery market size was estimated at USD 42870.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.14% during the forecast period.
This report provides a deep insight into the global Traction Battery market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Traction Battery Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Traction Battery market in any manner.
Global Traction Battery Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Panasonic
Contemporary Amperex Technology Limited (CATL)
LG Chem
BYD
GS Yuasa
Gotion
Inc.
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Market Segmentation (by Type)
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Market Segmentation (by Application)
Industrial Vehicles
Recreational Vehicles
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Traction Battery Market
Overview of the regional outlook of the Traction Battery Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Traction Battery Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Traction Battery, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
144 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Traction Battery
- 1.2 Key Market Segments
- 1.2.1 Traction Battery Segment By Type
- 1.2.2 Traction Battery Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Traction Battery Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Traction Battery Market Size (M Usd) Estimates And Forecasts (2020-2033)
- 2.1.2 Global Traction Battery Sales Estimates And Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Traction Battery Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Traction Battery Product Life Cycle
- 3.3 Global Traction Battery Sales By Manufacturers (2020-2025)
- 3.4 Global Traction Battery Revenue Market Share By Manufacturers (2020-2025)
- 3.5 Traction Battery Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.6 Global Traction Battery Average Price By Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
- 3.8 Traction Battery Market Competitive Situation And Trends
- 3.8.1 Traction Battery Market Concentration Rate
- 3.8.2 Global 5 And 10 Largest Traction Battery Players Market Share By Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Traction Battery Industry Chain Analysis
- 4.1 Traction Battery Industry Chain Analysis
- 4.2 Market Overview Of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development And Dynamics Of Traction Battery Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Traction Battery Market Porter's Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions And Their Impacts To Traction Battery Market
- 5.7 Esg Ratings Of Leading Companies
- 6 Traction Battery Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Traction Battery Sales Market Share By Type (2020-2025)
- 6.3 Global Traction Battery Market Size Market Share By Type (2020-2025)
- 6.4 Global Traction Battery Price By Type (2020-2025)
- 7 Traction Battery Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Traction Battery Market Sales By Application (2020-2025)
- 7.3 Global Traction Battery Market Size (M Usd) By Application (2020-2025)
- 7.4 Global Traction Battery Sales Growth Rate By Application (2020-2025)
- 8 Traction Battery Market Sales By Region
- 8.1 Global Traction Battery Sales By Region
- 8.1.1 Global Traction Battery Sales By Region
- 8.1.2 Global Traction Battery Sales Market Share By Region
- 8.2 Global Traction Battery Market Size By Region
- 8.2.1 Global Traction Battery Market Size By Region
- 8.2.2 Global Traction Battery Market Size Market Share By Region
- 8.3 North America
- 8.3.1 North America Traction Battery Sales By Country
- 8.3.2 North America Traction Battery Market Size By Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe Traction Battery Sales By Country
- 8.4.2 Europe Traction Battery Market Size By Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Traction Battery Sales By Region
- 8.5.2 Asia Pacific Traction Battery Market Size By Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America Traction Battery Sales By Country
- 8.6.2 South America Traction Battery Market Size By Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East And Africa
- 8.7.1 Middle East And Africa Traction Battery Sales By Region
- 8.7.2 Middle East And Africa Traction Battery Market Size By Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 Uae Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 9 Traction Battery Market Production By Region
- 9.1 Global Production Of Traction Battery By Region(2020-2025)
- 9.2 Global Traction Battery Revenue Market Share By Region (2020-2025)
- 9.3 Global Traction Battery Production, Revenue, Price And Gross Margin (2020-2025)
- 9.4 North America Traction Battery Production
- 9.4.1 North America Traction Battery Production Growth Rate (2020-2025)
- 9.4.2 North America Traction Battery Production, Revenue, Price And Gross Margin (2020-2025)
- 9.5 Europe Traction Battery Production
- 9.5.1 Europe Traction Battery Production Growth Rate (2020-2025)
- 9.5.2 Europe Traction Battery Production, Revenue, Price And Gross Margin (2020-2025)
- 9.6 Japan Traction Battery Production (2020-2025)
- 9.6.1 Japan Traction Battery Production Growth Rate (2020-2025)
- 9.6.2 Japan Traction Battery Production, Revenue, Price And Gross Margin (2020-2025)
- 9.7 China Traction Battery Production (2020-2025)
- 9.7.1 China Traction Battery Production Growth Rate (2020-2025)
- 9.7.2 China Traction Battery Production, Revenue, Price And Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 Panasonic
- 10.1.1 Panasonic Basic Information
- 10.1.2 Panasonic Traction Battery Product Overview
- 10.1.3 Panasonic Traction Battery Product Market Performance
- 10.1.4 Panasonic Business Overview
- 10.1.5 Panasonic Swot Analysis
- 10.1.6 Panasonic Recent Developments
- 10.2 Contemporary Amperex Technology Limited (Catl)
- 10.2.1 Contemporary Amperex Technology Limited (Catl) Basic Information
- 10.2.2 Contemporary Amperex Technology Limited (Catl) Traction Battery Product Overview
- 10.2.3 Contemporary Amperex Technology Limited (Catl) Traction Battery Product Market Performance
- 10.2.4 Contemporary Amperex Technology Limited (Catl) Business Overview
- 10.2.5 Contemporary Amperex Technology Limited (Catl) Swot Analysis
- 10.2.6 Contemporary Amperex Technology Limited (Catl) Recent Developments
- 10.3 Lg Chem
- 10.3.1 Lg Chem Basic Information
- 10.3.2 Lg Chem Traction Battery Product Overview
- 10.3.3 Lg Chem Traction Battery Product Market Performance
- 10.3.4 Lg Chem Business Overview
- 10.3.5 Lg Chem Swot Analysis
- 10.3.6 Lg Chem Recent Developments
- 10.4 Byd
- 10.4.1 Byd Basic Information
- 10.4.2 Byd Traction Battery Product Overview
- 10.4.3 Byd Traction Battery Product Market Performance
- 10.4.4 Byd Business Overview
- 10.4.5 Byd Recent Developments
- 10.5 Gs Yuasa
- 10.5.1 Gs Yuasa Basic Information
- 10.5.2 Gs Yuasa Traction Battery Product Overview
- 10.5.3 Gs Yuasa Traction Battery Product Market Performance
- 10.5.4 Gs Yuasa Business Overview
- 10.5.5 Gs Yuasa Recent Developments
- 10.6 Gotion
- 10.6.1 Gotion Basic Information
- 10.6.2 Gotion Traction Battery Product Overview
- 10.6.3 Gotion Traction Battery Product Market Performance
- 10.6.4 Gotion Business Overview
- 10.6.5 Gotion Recent Developments
- 10.7 Inc.
- 10.7.1 Inc. Basic Information
- 10.7.2 Inc. Traction Battery Product Overview
- 10.7.3 Inc. Traction Battery Product Market Performance
- 10.7.4 Inc. Business Overview
- 10.7.5 Inc. Recent Developments
- 10.8 Csicp
- 10.8.1 Csicp Basic Information
- 10.8.2 Csicp Traction Battery Product Overview
- 10.8.3 Csicp Traction Battery Product Market Performance
- 10.8.4 Csicp Business Overview
- 10.8.5 Csicp Recent Developments
- 10.9 Lishen
- 10.9.1 Lishen Basic Information
- 10.9.2 Lishen Traction Battery Product Overview
- 10.9.3 Lishen Traction Battery Product Market Performance
- 10.9.4 Lishen Business Overview
- 10.9.5 Lishen Recent Developments
- 10.10 East Penn Manufacturing
- 10.10.1 East Penn Manufacturing Basic Information
- 10.10.2 East Penn Manufacturing Traction Battery Product Overview
- 10.10.3 East Penn Manufacturing Traction Battery Product Market Performance
- 10.10.4 East Penn Manufacturing Business Overview
- 10.10.5 East Penn Manufacturing Recent Developments
- 10.11 Clarios
- 10.11.1 Clarios Basic Information
- 10.11.2 Clarios Traction Battery Product Overview
- 10.11.3 Clarios Traction Battery Product Market Performance
- 10.11.4 Clarios Business Overview
- 10.11.5 Clarios Recent Developments
- 10.12 Enersys
- 10.12.1 Enersys Basic Information
- 10.12.2 Enersys Traction Battery Product Overview
- 10.12.3 Enersys Traction Battery Product Market Performance
- 10.12.4 Enersys Business Overview
- 10.12.5 Enersys Recent Developments
- 11 Traction Battery Market Forecast By Region
- 11.1 Global Traction Battery Market Size Forecast
- 11.2 Global Traction Battery Market Forecast By Region
- 11.2.1 North America Market Size Forecast By Country
- 11.2.2 Europe Traction Battery Market Size Forecast By Country
- 11.2.3 Asia Pacific Traction Battery Market Size Forecast By Region
- 11.2.4 South America Traction Battery Market Size Forecast By Country
- 11.2.5 Middle East And Africa Forecasted Sales Of Traction Battery By Country
- 12 Forecast Market By Type And By Application (2026-2033)
- 12.1 Global Traction Battery Market Forecast By Type (2026-2033)
- 12.1.1 Global Forecasted Sales Of Traction Battery By Type (2026-2033)
- 12.1.2 Global Traction Battery Market Size Forecast By Type (2026-2033)
- 12.1.3 Global Forecasted Price Of Traction Battery By Type (2026-2033)
- 12.2 Global Traction Battery Market Forecast By Application (2026-2033)
- 12.2.1 Global Traction Battery Sales (K Units) Forecast By Application
- 12.2.2 Global Traction Battery Market Size (M Usd) Forecast By Application (2026-2033)
- 13 Conclusion And Key Findings
Pricing
Currency Rates
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