Global Traction Battery Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Traction Battery market size will reach 69,675 Million USD in 2025 and is projected to reach 171,264 Million USD by 2032, with a CAGR of 13.71% (2025-2032). Notably, the China Traction Battery market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

A traction battery is a type of rechargeable battery specifically designed to provide power for electric vehicles (EVs) and hybrid vehicles. Unlike traditional automotive batteries, traction batteries are engineered to deliver sustained energy to propel the vehicle＇s electric motor. These batteries are typically high-capacity and use advanced chemistries, such as lithium-ion, to store and release electrical energy efficiently. Traction batteries play a pivotal role in determining the range, performance, and overall efficiency of electric vehicles. They are rechargeable, allowing users to plug in their vehicles for charging. The development of reliable and high-performance traction batteries is crucial for the widespread adoption of electric and hybrid vehicles as part of efforts to reduce reliance on internal combustion engines and mitigate environmental impacts associated with transportation.

The major global  manufacturers of Traction Battery include Panasonic, Contemporary Amperex Technology Limited (CATL), LG Chem, BYD, GS Yuasa, Gotion, Inc., CSICP, Lishen, East Penn Manufacturing, Clarios, Enersys, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Traction Battery. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Traction Battery market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Traction Battery market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Traction Battery industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Traction Battery Include:

Panasonic

Contemporary Amperex Technology Limited (CATL)

LG Chem

BYD

GS Yuasa

Gotion, Inc.

CSICP

Lishen

East Penn Manufacturing

Clarios

Enersys

Traction Battery Product Segment Include:

Open Lead Acid Battery

Pure Lead Battery

Gel Battery

Lithium-Ion Battery

Traction Battery Product Application Include:

Industrial Vehicles

Recreational Vehicles

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Traction Battery Industry PESTEL Analysis

Chapter 3: Global Traction Battery Industry Porter's Five Forces Analysis

Chapter 4: Global Traction Battery Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Traction Battery Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Traction Battery Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Traction Battery Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources