Insights into the Industry

The traction battery industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of traction battery ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the traction battery market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards traction battery 's market proceeds.

This market research report is a comprehensive overview of the events taking place in the traction battery industry and impacting its growth. Our report divides the traction battery market into various segments or categories based on products, applications, region, etc.  Additionally, our research analysts have listed the key players of the global traction battery market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.

Market Research Store (MRS) published a brand new report titled “Traction Battery Market research report which is segmented by Products (Lead Acid, Li-Ion, Nickel Based, Others), by Applications (Electric Vehicles, Industrial, E-bikes), by Key Players/Companies LG Chem, Exide, Samsung, Panasonic, Johnson Controls, Banner Batterien, Hoppecke Batteries, Haze Batteries, Mutlu, GS Yuasa, Systems Sunlight, Hitachi, Enersys, East Penn Manufacturing, Amara Raja Batteries, BYD Company”. In 2020, the global traction battery market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.

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Scope of the report

Report Attributes Report Details
Report Title Traction Battery Market Research Report
By Products Lead Acid, Li-Ion, Nickel Based, Others
By Applications Electric Vehicles, Industrial, E-bikes
By Key Players LG Chem, Exide, Samsung, Panasonic, Johnson Controls, Banner Batterien, Hoppecke Batteries, Haze Batteries, Mutlu, GS Yuasa, Systems Sunlight, Hitachi, Enersys, East Penn Manufacturing, Amara Raja Batteries, BYD Company
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA)
Countries Covered North America : U.S and Canada
Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe
APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific
Latin America : Mexico, Brazil
The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA
Base Year 2020
Historical Year 2016to 2020 (Depending on availability, data from 2010 can be offered)
Forecast Year 2028
Number of Pages 116
Customization Available Yes, the report can be tailored to meet your specific requirements.

Based on these findings, the global traction battery industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, traction battery industry study report has included all major manufacturers and distributors operating in the traction battery market across all major regions.

Traction Battery Market Strategic Analysis

Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating traction battery market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.

Global Traction Battery  Market Y-O-Y Forecast 2016 - 2028

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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.

Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.

Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.

Traction Battery Market Key Trends Analysis

The key factors influencing the growth of the traction battery market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.

Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.

Traction Battery Market Key Segment Analysis

The report delivers a critical assessment on the traction battery market by segmenting it based on Products, Applications, and region. All the segments and categories of the traction battery market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.

The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.

Based on Products, the global traction battery market is segmented into Lead Acid, Li-Ion, Nickel Based, Others. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.

Based on Applications, market is divided into Electric Vehicles, Industrial, E-bikes. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.

Impact Assessment of COVID-19

The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the traction battery market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.

The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.

Traction Battery Market Regional Trends and Market Player’s Analysis

On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

The major players holding a huge chunk of market share in the global traction battery market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.

Global Traction Battery  Market Regional Segmentation

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INQUIRY_TEXT

For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the traction battery market.

Some of the leading players profiled in the global traction battery market are,

  • LG Chem
  • Exide
  • Samsung
  • Panasonic
  • Johnson Controls
  • Banner Batterien
  • Hoppecke Batteries
  • Haze Batteries
  • Mutlu
  • GS Yuasa
  • Systems Sunlight
  • Hitachi
  • Enersys
  • East Penn Manufacturing
  • Amara Raja Batteries
  • BYD Company

The Key Audiences for Traction Battery Market Report

  • Research Institutes & consulting firms
  • Industry Leaders, as well as companies, aspiring to enter the traction battery market
  • Student and universities
  • Solution Providers, product providers, service providers, and other players in the industry
  • Associated private firms and government bodies
  • Individuals interested to learn about market

The report segments of the global traction battery market are as follows:

Global Traction Battery Market: By Products

  • Lead Acid
  • Li-Ion
  • Nickel Based
  • Others

Global Traction Battery Market: By Applications

  • Electric Vehicles
  • Industrial
  • E-bikes

The Most Important Research Methodologies

Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.

Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major traction battery . We interviewed them to get qualitative and quantitative data.

The following are the justifications for purchasing the global Traction Battery market report:

  • Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
  • Market development trends and marketing channels that are cutting-edge are discussed.
  • The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
  • The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
  • A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
  • Customization is possible based on the client's requirements.

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Traction Battery business includes.
  • LG Chem
  • Exide
  • Samsung
  • Panasonic
  • Johnson Controls
  • Banner Batterien
  • Hoppecke Batteries
  • Haze Batteries
  • Mutlu
  • GS Yuasa
  • Systems Sunlight
  • Hitachi
  • Enersys
  • East Penn Manufacturing
  • Amara Raja Batteries
  • BYD Company
As per Traction Battery market analysis, North America is forecasted to occupied major share in the Traction Battery market.
The statistical data of the dominant industry player of Traction Battery market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Traction Battery market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.
The report come up with a segment of the Traction Battery market based on Type, Region, and Application, Also offer a determined view on the Traction Battery market.
The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.
The sample report for Traction Battery market can be received after the apply from the website.

Table Of Content

Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Traction Battery Market Share by Type (2020-2026) 1.5.2 Lead Acid 1.5.3 Li-Ion 1.5.4 Nickel Based 1.5.5 Others 1.6 Market by Application 1.6.1 Global Traction Battery Market Share by Application (2020-2026) 1.6.2 Electric Vehicles 1.6.3 Industrial 1.6.4 E-bikes 1.7 Traction Battery Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Traction Battery Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Traction Battery Market 3.1 Value Chain Status 3.2 Traction Battery Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Traction Battery 3.2.3 Labor Cost of Traction Battery 3.2.3.1 Labor Cost of Traction Battery Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 LG Chem 4.1.1 LG Chem Basic Information 4.1.2 Traction Battery Product Profiles, Application and Specification 4.1.3 LG Chem Traction Battery Market Performance (2015-2020) 4.1.4 LG Chem Business Overview 4.2 Exide 4.2.1 Exide Basic Information 4.2.2 Traction Battery Product Profiles, Application and Specification 4.2.3 Exide Traction Battery Market Performance (2015-2020) 4.2.4 Exide Business Overview 4.3 Samsung 4.3.1 Samsung Basic Information 4.3.2 Traction Battery Product Profiles, Application and Specification 4.3.3 Samsung Traction Battery Market Performance (2015-2020) 4.3.4 Samsung Business Overview 4.4 Panasonic 4.4.1 Panasonic Basic Information 4.4.2 Traction Battery Product Profiles, Application and Specification 4.4.3 Panasonic Traction Battery Market Performance (2015-2020) 4.4.4 Panasonic Business Overview 4.5 Johnson Controls 4.5.1 Johnson Controls Basic Information 4.5.2 Traction Battery Product Profiles, Application and Specification 4.5.3 Johnson Controls Traction Battery Market Performance (2015-2020) 4.5.4 Johnson Controls Business Overview 4.6 Banner Batterien 4.6.1 Banner Batterien Basic Information 4.6.2 Traction Battery Product Profiles, Application and Specification 4.6.3 Banner Batterien Traction Battery Market Performance (2015-2020) 4.6.4 Banner Batterien Business Overview 4.7 Hoppecke Batteries 4.7.1 Hoppecke Batteries Basic Information 4.7.2 Traction Battery Product Profiles, Application and Specification 4.7.3 Hoppecke Batteries Traction Battery Market Performance (2015-2020) 4.7.4 Hoppecke Batteries Business Overview 4.8 Haze Batteries 4.8.1 Haze Batteries Basic Information 4.8.2 Traction Battery Product Profiles, Application and Specification 4.8.3 Haze Batteries Traction Battery Market Performance (2015-2020) 4.8.4 Haze Batteries Business Overview 4.9 Mutlu 4.9.1 Mutlu Basic Information 4.9.2 Traction Battery Product Profiles, Application and Specification 4.9.3 Mutlu Traction Battery Market Performance (2015-2020) 4.9.4 Mutlu Business Overview 4.10 GS Yuasa 4.10.1 GS Yuasa Basic Information 4.10.2 Traction Battery Product Profiles, Application and Specification 4.10.3 GS Yuasa Traction Battery Market Performance (2015-2020) 4.10.4 GS Yuasa Business Overview 4.11 Systems Sunlight 4.11.1 Systems Sunlight Basic Information 4.11.2 Traction Battery Product Profiles, Application and Specification 4.11.3 Systems Sunlight Traction Battery Market Performance (2015-2020) 4.11.4 Systems Sunlight Business Overview 4.12 Hitachi 4.12.1 Hitachi Basic Information 4.12.2 Traction Battery Product Profiles, Application and Specification 4.12.3 Hitachi Traction Battery Market Performance (2015-2020) 4.12.4 Hitachi Business Overview 4.13 Enersys 4.13.1 Enersys Basic Information 4.13.2 Traction Battery Product Profiles, Application and Specification 4.13.3 Enersys Traction Battery Market Performance (2015-2020) 4.13.4 Enersys Business Overview 4.14 East Penn Manufacturing 4.14.1 East Penn Manufacturing Basic Information 4.14.2 Traction Battery Product Profiles, Application and Specification 4.14.3 East Penn Manufacturing Traction Battery Market Performance (2015-2020) 4.14.4 East Penn Manufacturing Business Overview 4.15 Amara Raja Batteries 4.15.1 Amara Raja Batteries Basic Information 4.15.2 Traction Battery Product Profiles, Application and Specification 4.15.3 Amara Raja Batteries Traction Battery Market Performance (2015-2020) 4.15.4 Amara Raja Batteries Business Overview 4.16 BYD Company 4.16.1 BYD Company Basic Information 4.16.2 Traction Battery Product Profiles, Application and Specification 4.16.3 BYD Company Traction Battery Market Performance (2015-2020) 4.16.4 BYD Company Business Overview 5 Global Traction Battery Market Analysis by Regions 5.1 Global Traction Battery Sales, Revenue and Market Share by Regions 5.1.1 Global Traction Battery Sales by Regions (2015-2020) 5.1.2 Global Traction Battery Revenue by Regions (2015-2020) 5.2 North America Traction Battery Sales and Growth Rate (2015-2020) 5.3 Europe Traction Battery Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Traction Battery Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Traction Battery Sales and Growth Rate (2015-2020) 5.6 South America Traction Battery Sales and Growth Rate (2015-2020) 6 North America Traction Battery Market Analysis by Countries 6.1 North America Traction Battery Sales, Revenue and Market Share by Countries 6.1.1 North America Traction Battery Sales by Countries (2015-2020) 6.1.2 North America Traction Battery Revenue by Countries (2015-2020) 6.1.3 North America Traction Battery Market Under COVID-19 6.2 United States Traction Battery Sales and Growth Rate (2015-2020) 6.2.1 United States Traction Battery Market Under COVID-19 6.3 Canada Traction Battery Sales and Growth Rate (2015-2020) 6.4 Mexico Traction Battery Sales and Growth Rate (2015-2020) 7 Europe Traction Battery Market Analysis by Countries 7.1 Europe Traction Battery Sales, Revenue and Market Share by Countries 7.1.1 Europe Traction Battery Sales by Countries (2015-2020) 7.1.2 Europe Traction Battery Revenue by Countries (2015-2020) 7.1.3 Europe Traction Battery Market Under COVID-19 7.2 Germany Traction Battery Sales and Growth Rate (2015-2020) 7.2.1 Germany Traction Battery Market Under COVID-19 7.3 UK Traction Battery Sales and Growth Rate (2015-2020) 7.3.1 UK Traction Battery Market Under COVID-19 7.4 France Traction Battery Sales and Growth Rate (2015-2020) 7.4.1 France Traction Battery Market Under COVID-19 7.5 Italy Traction Battery Sales and Growth Rate (2015-2020) 7.5.1 Italy Traction Battery Market Under COVID-19 7.6 Spain Traction Battery Sales and Growth Rate (2015-2020) 7.6.1 Spain Traction Battery Market Under COVID-19 7.7 Russia Traction Battery Sales and Growth Rate (2015-2020) 7.7.1 Russia Traction Battery Market Under COVID-19 8 Asia-Pacific Traction Battery Market Analysis by Countries 8.1 Asia-Pacific Traction Battery Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Traction Battery Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Traction Battery Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Traction Battery Market Under COVID-19 8.2 China Traction Battery Sales and Growth Rate (2015-2020) 8.2.1 China Traction Battery Market Under COVID-19 8.3 Japan Traction Battery Sales and Growth Rate (2015-2020) 8.3.1 Japan Traction Battery Market Under COVID-19 8.4 South Korea Traction Battery Sales and Growth Rate (2015-2020) 8.4.1 South Korea Traction Battery Market Under COVID-19 8.5 Australia Traction Battery Sales and Growth Rate (2015-2020) 8.6 India Traction Battery Sales and Growth Rate (2015-2020) 8.6.1 India Traction Battery Market Under COVID-19 8.7 Southeast Asia Traction Battery Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Traction Battery Market Under COVID-19 9 Middle East and Africa Traction Battery Market Analysis by Countries 9.1 Middle East and Africa Traction Battery Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Traction Battery Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Traction Battery Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Traction Battery Market Under COVID-19 9.2 Saudi Arabia Traction Battery Sales and Growth Rate (2015-2020) 9.3 UAE Traction Battery Sales and Growth Rate (2015-2020) 9.4 Egypt Traction Battery Sales and Growth Rate (2015-2020) 9.5 Nigeria Traction Battery Sales and Growth Rate (2015-2020) 9.6 South Africa Traction Battery Sales and Growth Rate (2015-2020) 10 South America Traction Battery Market Analysis by Countries 10.1 South America Traction Battery Sales, Revenue and Market Share by Countries 10.1.1 South America Traction Battery Sales by Countries (2015-2020) 10.1.2 South America Traction Battery Revenue by Countries (2015-2020) 10.1.3 South America Traction Battery Market Under COVID-19 10.2 Brazil Traction Battery Sales and Growth Rate (2015-2020) 10.2.1 Brazil Traction Battery Market Under COVID-19 10.3 Argentina Traction Battery Sales and Growth Rate (2015-2020) 10.4 Columbia Traction Battery Sales and Growth Rate (2015-2020) 10.5 Chile Traction Battery Sales and Growth Rate (2015-2020) 11 Global Traction Battery Market Segment by Types 11.1 Global Traction Battery Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Traction Battery Sales and Market Share by Types (2015-2020) 11.1.2 Global Traction Battery Revenue and Market Share by Types (2015-2020) 11.2 Lead Acid Sales and Price (2015-2020) 11.3 Li-Ion Sales and Price (2015-2020) 11.4 Nickel Based Sales and Price (2015-2020) 11.5 Others Sales and Price (2015-2020) 12 Global Traction Battery Market Segment by Applications 12.1 Global Traction Battery Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Traction Battery Sales and Market Share by Applications (2015-2020) 12.1.2 Global Traction Battery Revenue and Market Share by Applications (2015-2020) 12.2 Electric Vehicles Sales, Revenue and Growth Rate (2015-2020) 12.3 Industrial Sales, Revenue and Growth Rate (2015-2020) 12.4 E-bikes Sales, Revenue and Growth Rate (2015-2020) 13 Traction Battery Market Forecast by Regions (2020-2026) 13.1 Global Traction Battery Sales, Revenue and Growth Rate (2020-2026) 13.2 Traction Battery Market Forecast by Regions (2020-2026) 13.2.1 North America Traction Battery Market Forecast (2020-2026) 13.2.2 Europe Traction Battery Market Forecast (2020-2026) 13.2.3 Asia-Pacific Traction Battery Market Forecast (2020-2026) 13.2.4 Middle East and Africa Traction Battery Market Forecast (2020-2026) 13.2.5 South America Traction Battery Market Forecast (2020-2026) 13.3 Traction Battery Market Forecast by Types (2020-2026) 13.4 Traction Battery Market Forecast by Applications (2020-2026) 13.5 Traction Battery Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source

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