Traction Battery Global Market Report 2025

Description

A traction battery is a type of rechargeable battery specifically designed to power the electric motor in a hybrid electric vehicle (HEV) or battery electric vehicle (BEV). This battery serves as an assembly of accumulators, storing energy to be utilized by the traction motor. The design of a traction battery is critical to ensuring an extended and trouble-free service life in electric vehicles.

The main types of products in the traction battery market include lead acid-based batteries, Li-ion-based batteries, nickel-based batteries, and others. Li-ion-based batteries incorporate lithium-ion as a key component and are often used in industrial trucks that were originally designed to be powered by lead-acid batteries. These batteries come in various capacities, including less than 100 AH, 100 - 200 AH, 200 - 300 AH, 300 - 400 AH, and 400 AH and above. Traction batteries are applied in diverse applications such as electric vehicles (EV), hybrid electric vehicles (HEV), industrial equipment, forklifts, mechanical handling equipment, and others.

The traction battery market research report is one of a series of new reports from The Business Research Company that provides traction battery market statistics, including traction battery industry global market size, regional shares, competitors with a traction battery market share, detailed traction battery market segments, market trends and opportunities, and any further data you may need to thrive in the traction battery industry. This traction battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The traction battery market size has grown rapidly in recent years. It will grow from $39.91 billion in 2024 to $44.47 billion in 2025 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to electrification of transportation, government incentives and regulations, environmental concerns, consumer awareness and demand

The traction battery market size is expected to see rapid growth in the next few years. It will grow to $68.71 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to ev market expansion, energy storage applications, battery recycling and sustainability, charging infrastructure development, market diversification. Major trends in the forecast period include fast charging technology, second-life batteries, increased production capacity, advanced battery management systems, increased energy density.

The increasing demand for electric vehicles is anticipated to drive the growth of the traction battery market in the coming years. Electric vehicles, which are environmentally friendly, operate using electric power. Traction batteries are essential for powering the electric motors in battery electric vehicles. For example, Sustainable Bus, an Italy-based media company specializing in clean buses and sustainability, reported a 53% rise in electric bus registrations in Europe in 2023 compared to 2022. Thus, the growing demand for electric vehicles is propelling the expansion of the traction battery market.

Another factor propelling the growth of the traction battery market is the heightened demand for high-energy storage. High-energy storage involves the capacity of a system or device to store a substantial amount of energy in a compact and lightweight package. Traction batteries play a crucial role in high-energy storage applications such as grid energy storage, uninterruptible power supply, and advancements in electric vehicle-to-grid applications. The Energy Information Administration reported that, as of 2022, the cumulative capacity of active utility-scale battery energy storage systems in the United States reached 8,842 MW, with a total energy capacity of 11,105 MWh. The year 2022 alone saw the installation of approximately 4,807 MW. This increased demand for high-energy storage is anticipated to drive the growth of the traction battery market.

Technological advancements are a prominent trend shaping the traction battery market. Key industry players are dedicating efforts to developing innovative technological solutions, aiming to deliver cost-effective batteries and solidify their market position. Sunlight Group Energy Storage Systems, based in Greece, introduced Sunlight ElectroLiFe in March 2022-a semi-traction lithium-ion battery designed for manufacturing and light commercial vehicle applications. Its lightweight yet durable design allows for tool-free plug-and-play installation, meeting evolving customer needs. The battery can also connect to the GLocal cloud platform and boasts an extended lifespan of over 2,000 cycles.

Leading companies in the traction battery market are also focusing on product innovation, particularly in the realm of lithium-ion batteries. Lithium-ion batteries, recognized for their rechargeable nature and use of lithium ions in electrochemistry, are becoming increasingly popular. In March 2022, Flux Power Holdings Inc., a US-based company specializing in advanced lithium-ion batteries for industrial applications, unveiled a new lithium-ion battery pack for 3-wheel forklifts. This battery pack addresses operational performance issues, delivering superior performance, reliability, and efficiency compared to conventional lead-acid batteries.

In November 2022, Electriq Power, a US-based company focused on home battery storage solutions, merged with TLG Acquisition One Corp., a special purpose acquisition company, for an undisclosed sum. This merger aims to enable Electriq to expand its portfolio of energy storage and management solutions, particularly within the renewable energy sector.

Major companies operating in the traction battery market include Amara Raja Batteries Limited, BAE Batterien GmbH, Banner Batterien GmbH, BYD Company Limited, Coslight Technology International Group Co. Ltd., East Penn Manufacturing Company Inc., EnerSys, Exide Industries Limited, GS Yuasa International Ltd., HOPPECKE Carl Zoellner & Sohn GmbH, Mutlu Aku ve Malzemeleri Sanayi Ticaret A.S., Sunlight Systems S.A., C&D Technologies Inc., Chaowei Power Holdings Limited, Leoch International Technology Limited, Sebang Global Battery Co. Ltd., Tesla Inc., Panasonic Corporation, LG Chem Ltd., Samsung SDI Co. Ltd., Contemporary Amperex Technology Co. Limited (CATL), Saft Groupe S.A., Trojan Battery Company, A123 Systems LLC, Toshiba Corporation, Hitachi Chemical Co. Ltd., Narada Power Source Co. Ltd., NorthStar Battery Company LLC, Sumitomo Electric Industries Ltd., Crown Battery Manufacturing Company, Tadiran Batteries GmbH, Discover Battery, Sinopoly Battery Limited

North America was the largest region in the traction battery market in 2024. The regions covered in the global traction battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the traction battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The traction battery market consists of sales of volt battery, and monobloc battery. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Traction Battery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on traction battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for traction battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The traction battery market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product Type: Lead Acid Based; Li-Ion Based; Nickel Based; Other Types
2) By Capacity: Less than 100 Ah; 100 - 200 Ah; 200 - 300 Ah; 300 - 400 Ah; 400 Ah And above
3) By Application: Electrical Vehicle (EV); Hybrid Electric Vehicles (HEV); Industrial; Forklift; Mechanical Handling Equipment; Other Applications
Subsegments:
1) By Lead Acid Based: Flooded Lead Acid Batteries; Absorbent Glass Mat (AGM) Batteries; Gel Lead Acid Batteries
2) By Li-Ion Based: Lithium Cobalt Oxide (LCO) Batteries; Lithium Iron Phosphate (LFP) Batteries; Lithium Nickel Manganese Cobalt (NMC) Batteries; Lithium Polymer (LiPo) Batteries
3) By Nickel Based: Nickel-Cadmium (NiCd) Batteries; Nickel-Metal Hydride (NiMH) Batteries
4) By Other Types: Sodium-Ion Batteries; Solid-State Batteries; Flow Batteries
Companies Mentioned: Amara Raja Batteries Limited; BAE Batterien GmbH; Banner Batterien GmbH; BYD Company Limited; Coslight Technology International Group Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r22223

1. Executive Summary

2. Traction Battery Market Characteristics

3. Traction Battery Market Trends And Strategies

4. Traction Battery Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Traction Battery Growth Analysis And Strategic Analysis Framework

5.1. Global Traction Battery PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Traction Battery Market Growth Rate Analysis
5.4. Global Traction Battery Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Traction Battery Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Traction Battery Total Addressable Market (TAM)

6. Traction Battery Market Segmentation

6.1. Global Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Lead Acid Based
Li-Ion Based
Nickel Based
Other Types
6.2. Global Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Less than 100 Ah
100 - 200 Ah
200 - 300 Ah
300 - 400 Ah
400 Ah And above
6.3. Global Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Electrical Vehicle (EV)
Hybrid Electric Vehicles (HEV)
Industrial
Forklift
Mechanical Handling Equipment
Other Applications
6.4. Global Traction Battery Market, Sub-Segmentation Of Lead Acid Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Flooded Lead Acid Batterie
Absorbent Glass Mat (AGM) Batteries
Gel Lead Acid Batteries
6.5. Global Traction Battery Market, Sub-Segmentation Of Li-Ion Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Lithium Cobalt Oxide (LCO) Batteries
Lithium Iron Phosphate (LFP) Batteries
Lithium Nickel Manganese Cobalt (NMC) Batterie
Lithium Polymer (LiPo) Batteries
6.6. Global Traction Battery Market, Sub-Segmentation Of Nickel Based, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Nickel-Cadmium (NiCd) Batteries
Nickel-Metal Hydride (NiMH) Batteries
6.7. Global Traction Battery Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Sodium-Ion Batteries
Solid-State Batteries
Flow Batteries

7. Traction Battery Market Regional And Country Analysis

7.1. Global Traction Battery Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Traction Battery Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Traction Battery Market

8.1. Asia-Pacific Traction Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Traction Battery Market

9.1. China Traction Battery Market Overview
9.2. China Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Traction Battery Market

10.1. India Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Traction Battery Market

11.1. Japan Traction Battery Market Overview
11.2. Japan Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Traction Battery Market

12.1. Australia Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Traction Battery Market

13.1. Indonesia Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Traction Battery Market

14.1. South Korea Traction Battery Market Overview
14.2. South Korea Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Traction Battery Market

15.1. Western Europe Traction Battery Market Overview
15.2. Western Europe Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Traction Battery Market

16.1. UK Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Traction Battery Market

17.1. Germany Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Traction Battery Market

18.1. France Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Traction Battery Market

19.1. Italy Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Traction Battery Market

20.1. Spain Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Traction Battery Market

21.1. Eastern Europe Traction Battery Market Overview
21.2. Eastern Europe Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Traction Battery Market

22.1. Russia Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Traction Battery Market

23.1. North America Traction Battery Market Overview
23.2. North America Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Traction Battery Market

24.1. USA Traction Battery Market Overview
24.2. USA Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Traction Battery Market

25.1. Canada Traction Battery Market Overview
25.2. Canada Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Traction Battery Market

26.1. South America Traction Battery Market Overview
26.2. South America Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Traction Battery Market

27.1. Brazil Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Traction Battery Market

28.1. Middle East Traction Battery Market Overview
28.2. Middle East Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Traction Battery Market

29.1. Africa Traction Battery Market Overview
29.2. Africa Traction Battery Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Traction Battery Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Traction Battery Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Traction Battery Market Competitive Landscape And Company Profiles

30.1. Traction Battery Market Competitive Landscape
30.2. Traction Battery Market Company Profiles
- 30.2.1. Amara Raja Batteries Limited Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. BAE Batterien GmbH Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Banner Batterien GmbH Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. BYD Company Limited Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Coslight Technology International Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Traction Battery Market Other Major And Innovative Companies

31.1. East Penn Manufacturing Company Inc.
31.2. EnerSys
31.3. Exide Industries Limited
31.4. GS Yuasa International Ltd.
31.5. HOPPECKE Carl Zoellner & Sohn GmbH
31.6. Mutlu Aku ve Malzemeleri Sanayi Ticaret A.S.
31.7. Sunlight Systems S.A.
31.8. C&D Technologies Inc.
31.9. Chaowei Power Holdings Limited
31.10. Leoch International Technology Limited
31.11. Sebang Global Battery Co. Ltd.
31.12. Tesla Inc.
31.13. Panasonic Corporation
31.14. LG Chem Ltd.
31.15. Samsung SDI Co. Ltd.

32. Global Traction Battery Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Traction Battery Market

34. Recent Developments In The Traction Battery Market

35. Traction Battery Market High Potential Countries, Segments and Strategies

35.1 Traction Battery Market In 2029 - Countries Offering Most New Opportunities
35.2 Traction Battery Market In 2029 - Segments Offering Most New Opportunities
35.3 Traction Battery Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer