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2022 Traction Battery Market Report, Overview, Size, Trends, Growth And Forecast By 2031
Traction Battery Market
The regions covered in the traction battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest traction battery market share.
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The traction battery market consists of sales of traction batteries by entities (organizations, sole traders, and partnerships) that is a type of rechargeable battery used to power the electric motor in a hybrid electric vehicle or battery electric vehicle. The traction battery is an assembly of accumulators that consists of the storage of energy used to power the traction motor. The design of a traction battery standard is crucial for ensuring extended and trouble-free service life.
Key competitors in the traction battery market include Amara Raja Batteries, BAE Batterien GmbH, Banner Batterien, BYD Company, Coslight Technology International Group Co. Ltd., East Penn Manufacturing Company, Enersys, Exide Industries Limited, GS Yuasa International Ltd., HOPPECKE Carl Zoellner & Sohn GmbH, Mutlu Incorporated, Sunlight, C&D Technologies Inc., Chaowei Power Holdings Limited, Leoch International Technology Limited Inc., and Sebang Global
The global traction battery market size is expected to grow from $27.61 billion in 2021 to $31.88 billion in 2022 at a compound annual growth rate (CAGR) of 15.5%. The global traction batteries market size is expected to grow to $52.29 billion in 2026 at a CAGR of 13.2%.
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TBRC's report segments the global traction battery market:
1) By Product Type: Lead Acid Based, Li-Ion Based, Nickel Based, Others
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, Others
Read Further On The Traction Battery Market Here:
https://www.thebusinessresearchcompany.com/report/traction-battery-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Traction Battery Market Characteristics
3. Traction Battery Market Trends And Strategies
4. Impact Of COVID-19 On Traction Battery
5. Traction Battery Market Size And Growth
......
26. Africa Traction Battery Market
27. Traction Battery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Traction Battery Market
29. Traction Battery Market Future Outlook and Potential Analysis
30. Appendix
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