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Traction Battery Market Scope, Trends, Opportunities and Forecast to 2028 | Key Players: Panasonic Industry Europe GmbH, ENVISION AESC SDI CO.,LTD, GENERAL ELECTRIC, BYD Company Ltd.

05-22-2020 04:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Traction Battery Market

Traction Battery Market

This detailed market study covers traction battery market growth potentials which can assist the stake holders to understand key trends and prospects in traction battery market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global traction battery market.

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According to the report, the traction battery market report points out national and global business prospects and competitive conditions for Traction battery. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for Traction battery. The Traction battery market has been segmented by product type (lead-acid, nickel metal hybrid, nicad, nickel metal hydride, zebra, lithium ion, other), by application type (heavy industrial, light industrial and commercial, two wheeler, hybrid car, pure electric car, mobility for the disabled, golf car, military, marine, others). Historical background for the demand of Traction battery has been studied according to organic and inorganic innovations in order to provide accurate estimates of the market size. Primary factors influencing the growth of the demand Traction battery have also been established with potential gravity.
Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

By region, the traction battery market has been segmented in North America, Asia Pacific, Middle East, and America. The North America and Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region.

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Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for traction battery market . Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East is estimated to be other key region for the traction battery market with a strong market potential during the forecast period. America and Africa are estimated to be emerging markets during the forecast period.

This report provides:
1) An overview of the global market for traction battery market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global traction battery market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

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With an emphasis on strategies there have been several primary developments done by major companies such as Panasonic Industry Europe GmbH, ENVISION AESC SDI CO.,LTD, GENERAL ELECTRIC, BYD Company Ltd., GS Yuasa International Ltd., SAMSUNG SDI CO.,LTD., Deutsche Accumotive GmbH & Co. KG., bater.pl, B.B.Battery, LG Chem.

Market Segmentation:

By Product Type:
o Lead-Acid
o Nickel Metal Hybrid
o NiCad
o Nickel Metal Hydride
o Zebra
o Lithium Ion
o Other

By Application Type:
o Heavy Industrial
o Light Industrial and Commercial
o Two Wheeler
o Hybrid Car
o Pure Electric Car
o Mobility for the disabled
o Golf Car
o Military
o Marine
o Others

By Region:

North America Traction Battery Market
o North America, by Country
o US
o Canada
o Mexico
o North America, by Product Type
o North America, by Application Type

Europe Traction Battery Market
o Europe, by Country
o Germany
o Russia
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Europe
o Europe, by Product Type
o Europe, by Application Type

Asia Pacific Traction Battery Market
o Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
o Asia Pacific, by Product Type
o Asia Pacific, by Application Type

Middle East & Africa Traction Battery Market
o Middle East & Africa, by Country
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
o Middle East & Africa, by Product Type
o Middle East & Africa, by Application Type

South America Traction Battery Market
o South America, by Country
o Brazil
o Argentina
o Colombia
o Rest of South America
o South America, by Product Type
o South America, by Application Type

Years Covered in the Study:
Historic Year: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2028

Objectives of this report:
o To estimate market size for Traction battery market on regional and global basis.
o To identify major segments in Traction battery market and evaluate their market shares and demand.
o To provide a competitive scenario for the Traction battery market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of Traction battery market with their potential gravity during the forecast period.

Reasons to Buy This Report:
o Provides niche insights for decision about every possible segment helping in strategic decision making process.
o Market size estimation of the Traction battery market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the Traction battery market.

Customization:
This study is customized to meet your specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
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