The global traction battery market size accounted for USD 73.65 billion in 2024, grew to USD 89.12 billion in 2025 and is projected to surpass around USD 495.50 billion by 2034, representing a healthy CAGR of 21% between 2024 and 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Traction Battery Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Traction Battery Market Revenue and Volume, by Product Type, 2024-2034
8.1.1 Lead Acid Based
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. Nickel Based
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. Lithium-Ion Based
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Traction Battery Market Revenue and Volume, by Capacity, 2024-2034
9.1.1. Less than 100 Ah
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. 100-200 Ah
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. 200-300 Ah
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1.4. 300-400 Ah
9.1.4.1. Market Revenue and Volume Forecast (2021-2034)
9.1.5. 400 Ah & Above
9.1.5.1. Market Revenue and Volume Forecast (2021-2034)
10.1. Traction Battery Market Revenue and Volume, by Application, 2024-2034
10.1.1. Electric Vehicle (EV)
10.1.1.1. Market Revenue and Volume Forecast (2021-2034)
10.1.2. Industrial
10.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1.3. Locomotives
10.1.3.1. Market Revenue and Volume Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.1.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.1.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.1.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.1.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.2.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.2.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.2.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.2.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.2.6.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.2.7.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.3.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.3.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.3.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.3.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.3.6.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.3.7.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.4.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.4.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.4.6.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.4.7.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.5.4.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)
11.5.5.2. Market Revenue and Volume Forecast, by Capacity (2021-2034)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
12.1. BAE Batteries GmbH
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Banner Batteries (GB) Ltd.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Ecovolta
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Exide Industries Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. GS Yuasa International Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. HOPPECKE Carl Zoellner & Sohn GmbH
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Inci Aku
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. INTILION GmbH
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Leoch International Technology Limited Inc
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Toshiba Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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