Traction Battery Market Size, Insights, Overview, Industry Revenue, Share | Valuates Reports

Traction Battery Market

The global Traction Battery market size is projected to reach USD 95090 Million by 2027, from USD 37540 Million in 2020, at a CAGR of 14.2% during 2021-2027.

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Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Traction Battery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Traction Battery market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Traction Battery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Traction Battery market.

Traction Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Traction Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Traction Battery Market Share

The top 3 players held about 31% of the market share, in terms of the globle traction battery revenue in 2018.

Traction Battery Market Segmentation

By Type

• Open Lead Acid Battery
• Pure Lead Battery
• Gel Battery
• Lithium-Ion Battery

By Application

• Industrial Vehicles
• Recreational Vehicles

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By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

By Companies

• Panasonic
• (CATL)
• LG Chem
• BYD
• GS Yuasa
• Gotion, Inc.
• CSICP
• Lishen
• East Penn Manufacturing
• Clarios
• Enersys.

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