Energy & Environment Industry Today

Traction Batteries Market Outlook; Continues to Rise at Good Place| Panasonic, AESC, Mitsubishi

Get Traction Batteries Market analysis, key vendors & competitive scenario of the market prepared using market research tools such as Porter’s five forces and SWOT analysis.
Published 11 August 2023

The Latest research coverage on Traction Batteries Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.

Access Sample Report + All Related Graphs & Charts @:

 Major & Emerging Players in Traction Batteries Market:- Panasonic (Japan), BYD Auto (China), LG Chem (South Korea), AESC (United States), SAMSUNG SDI (South Korea), Mitsubishi (Japan), GS Yuasa International Ltd. (Japan), Beijing Pride Power (China), Wanxiang (China),

The Traction Batteries Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Traction Batteries market.

Traction batteries are the batteries used in Traction applications such as for Lead Acid batteries for automobiles. These batteries are firstly used to provide power to the battery of the electric vehicles. Traction batteries are used in many applications such as electric golf carts, electric cars, and trucks. The rising advantages of using these traction batteries such as energy-saving, low battery temperature and consume less water had made the consumer purchase these batteries. These batteries can be made from 2, 4, 8 and 12-volt cells. Moreover, these batteries are designed in two types of designs in order to enhance the requirements from the demand side of consumers and supply side of manufactures in the market namely flooded and VRLA batteries. In addition to this, it is an important part of electric and hybrid vehicles in various countries across the world. Therefore, conducting the market into the foreseen period.

On 27 June 2018, Exide Industries, India's largest manufacturer of batteries, and Leclanché announced the launch of a new joint venture to build lithium-ion batteries and energy storage solutions to power the growth of India's electric vehicle market.

The titled segments and sub-section of the market are illuminated below: by Type (Lithium-Ion Batteries, Nickel-Metal Hydride Batteries, Lead-Acid Batteries), Application (BEVs, HEVs, PHEVs), Distribution Channel (Online, Offline)

Market Trends:

Adoption of Electric and Hybrid Vehicles across the Globe.

Growing Need for Environment-Friendly Vehicles is a Major Trend in this Industry


Rising Industrialization in the Asia-Pacific Region is Anticipated to Support the Growth of Automobile Sector.

Stringent Government on Reducing Emission of Harmful Gases by the Automobile Sector.

Market Drivers:

Increasing Production of Electric Vehicles Coupled with the Rising Demand for the Energy Efficient Vehicles is one of the Prominent Factor

Rising Environmental Concern Coupled With the Increasing Demand for the Renewable Energy

Challenges: Issue Related With Limitations on Use of Lead-Acid Traction Battery.

Enquire for customization in Report @:

Some Point of Table of Content:

Chapter One: Report Overview

Chapter Two: Global Market Growth Trends

Chapter Three: Value Chain of Traction Batteries Market

Chapter Four: Players Profiles

Chapter Five: Global Traction Batteries Market Analysis by Regions

Chapter Six: North America Traction Batteries Market Analysis by Countries

Chapter Seven: Europe Traction Batteries Market Analysis by Countries

Chapter Eight: Asia-Pacific Traction Batteries Market Analysis by Countries

Chapter Nine: Middle East and Africa Traction Batteries Market Analysis by Countries

Chapter Ten: South America Traction Batteries Market Analysis by Countries

Chapter Eleven: Global Traction Batteries Market Segment by Types

Chapter Twelve: Global Traction Batteries Market Segment by Applications

What are the market factors that are explained in the Traction Batteries Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Buy This Exclusive Research Here:

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Other Industry News

Ready to start publishing

Sign Up today!