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Global Motive Traction Batteries Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published May 29, 2025
Length 165 Pages
SKU # GFSH20055043

Description

According to our (Global Info Research) latest study, the global Motive Traction Batteries market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

Motive Traction Batteries are energy storage devices specifically designed for electrically powering vehicles such as forklifts, golf carts, and other electrically-driven industrial and commercial equipment. These batteries provide the necessary power for traction, enabling the movement of electric vehicles. Motive traction batteries are typically deep-cycle batteries, optimized for discharging energy over longer periods, and are crucial for the operation of electrically driven mobile equipment in various industries. They are rechargeable and play a key role in the electrification of transportation within industrial settings, promoting sustainability and reducing reliance on traditional fuel sources.

The industry trend for Motive Traction Batteries involves advancements in battery technology to enhance energy density, lifespan, and charging efficiency. There is a notable shift towards lithium-ion batteries in this sector due to their higher energy density and longer cycle life. Additionally, there"s a focus on developing smart battery management systems for improved performance monitoring and predictive maintenance. As the demand for electric vehicles in industrial applications grows, the trend is towards more sustainable and technologically advanced motive traction batteries to address the evolving needs of the electric mobility market in diverse sectors.

This report is a detailed and comprehensive analysis for global Motive Traction Batteries market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Motive Traction Batteries market size and forecasts, in consumption value ($ Million), sales quantity (GWh), and average selling prices (US$/KWh), 2020-2031

Global Motive Traction Batteries market size and forecasts by region and country, in consumption value ($ Million), sales quantity (GWh), and average selling prices (US$/KWh), 2020-2031

Global Motive Traction Batteries market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (GWh), and average selling prices (US$/KWh), 2020-2031

Global Motive Traction Batteries market shares of main players, shipments in revenue ($ Million), sales quantity (GWh), and ASP (US$/KWh), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Motive Traction Batteries

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Motive Traction Batteries market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Banner Batteries (GB), Camel Group, Chaowel Power Holdings, Clarios, Deutsche Accumotive GmbH & Company KG, East Penn Manufacturing, EnerSys, Envision AESC Group, Foxtron Vehicle Technologies, GS Yuasa Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Motive Traction Batteries market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Lead Acid
Li-Ion
Nickel Based
Others

Market segment by Application
Electric Bicycle
Electric Car
Golf Cart
Others

Major players covered
Banner Batteries (GB)
Camel Group
Chaowel Power Holdings
Clarios
Deutsche Accumotive GmbH & Company KG
East Penn Manufacturing
EnerSys
Envision AESC Group
Foxtron Vehicle Technologies
GS Yuasa Corporation
Hoppecke Battery
Johnson Controls
Leoch International Technology
LG Chem
Mutlu Incorporated
BYD
Contemporary Amperex Technology
A123 Systems
Tianneng Battery
Chilwee
Dongguan Large Electronics
Optimumnano Energy
ShenZhen KAYO Battery
Shenzhen Eastar Battery
Shenzhen Cyclen Technology

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Motive Traction Batteries product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Motive Traction Batteries, with price, sales quantity, revenue, and global market share of Motive Traction Batteries from 2020 to 2025.

Chapter 3, the Motive Traction Batteries competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Motive Traction Batteries breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Motive Traction Batteries market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Motive Traction Batteries.

Chapter 14 and 15, to describe Motive Traction Batteries sales channel, distributors, customers, research findings and conclusion.

Table of Contents

165 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Motive Traction Batteries by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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