Global Traction Batteries Market 2018-2022
- Published: Dec 2018
- Pages: 107
- SKU: IRTNTR23681
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
The global traction batteries market size will grow by USD 14.82 billion during 2018-2022. This report offers an analysis of the market based on application (transport, lift trucks, and others) and geography (Americas, APAC, and EMEA). The traction batteries market research report further analyzes the market’s competitive landscape and offers information on several companies including Contemporary Amperex Technology, ENERSYS, Exide Technologies, GS Yuasa International, Panasonic, and SAMSUNG SDI.
Below are some of the key findings from the traction batteries market research report:
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global traction batteries industry overview
The declining cost of Li-ion batteries is one of the primary factors that will drive the traction batteries market during the forecast period. Li-ion batteries are more expensive than lead-acid batteries or NiMH batteries. The manufacturing costs of electric vehicles (EVs) is almost double of conventional vehicles due to the costs associated with the battery. However, with growth in production scale, development of cost-effective production methods, and large-scale adoption by the automotive industry, the cost of Li-ion batteries is reducing significantly. Moreover, ongoing R&D has also improved the performance of Li-ion batteries. This reduces the ownership cost of EVs, thereby boosting the sales of Li-ion powered vehicles. With the growth in the sales of these vehicles, the demand for traction batteries is also expected to rise.
The growing need for environment-friendly vehicles is a major trend that will further stimulate the traction batteries market growth. EVs, golf carts, and other environment-friendly vehicles run on Li-ion batteries with low emissions and are easily charged with renewable energy sources such as photovoltaic (PV) cells. These vehicles reduce the dependency on fossil fuels such as petroleum and diesel. Moreover, they offer advantages such as high efficiency, improved air quality, less noise, and low operating and maintenance costs, compared to internal combustion engine vehicles. These factors have increased the popularity of environment-friendly vehicles among consumers, which will drive the demand for traction batteries for these vehicles. The traction batteries market forecast report predicts the market to grow at a CAGR of almost 14% during the forecast period.
Top traction batteries companies covered in this market research report
The traction batteries market is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this traction batteries industry analysis report will help clients identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- Contemporary Amperex Technology
- ENERSYS
- Exide Technologies
- GS Yuasa International
- Panasonic
- SAMSUNG SDI
Traction batteries market segmentation based on geographic regions
- Americas
- APAC
- EMEA
Global traction batteries market analysis reveals that the APAC region will dominate the traction batteries market share till the end of the forecast period. However, the Americas is expected to witness the highest incremental growth over the forecast period.
Traction batteries market segmentation based on application
- Transport
- Lift trucks
- Others
The transport segment will account for the largest traction batteries market share during the forecast period. This segment will also account for the highest incremental growth. Additionally, the report also provides an accurate prediction of the contribution of all the various application segments to the growth of the traction batteries market size.
Key highlights of the global traction batteries market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the traction batteries market during the next five years
- Precise estimation of the global traction batteries market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the traction batteries industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of traction batteries companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
· Market ecosystem
· Market characteristics
· Market segmentation analysis
PART 05: MARKET SIZING
· Market definition
· Market sizing 2017
· Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
· Bargaining power of buyers
· Bargaining power of suppliers
· Threat of new entrants
· Threat of substitutes
· Threat of rivalry
· Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
· Segmentation by application
· Comparison by application
· Transport – Market size and forecast 2017-2022
· Lift trucks – Market size and forecast 2017-2022
· Others – Market size and forecast 2017-2022
· Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
· Geographical segmentation
· Regional comparison
· APAC – Market size and forecast 2017-2022
· EMEA – Market size and forecast 2017-2022
· Americas – Market size and forecast 2017-2022
· Key leading countries
· Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
· Market drivers
· Market challenges
PART 12: MARKET TRENDS
· Growing need for environment-friendly vehicles
· Legislative support for battery recycling
· Increasing adoption of AGVs
PART 13: VENDOR LANDSCAPE
· Overview
· Landscape disruption
· Competitive scenario
PART 14: VENDOR ANALYSIS
· Vendors covered
· Vendor classification
· Market positioning of vendors
· Contemporary Amperex Technology
· ENERSYS
· Exide Technologies
· GS Yuasa International
· Panasonic
· SAMSUNG SDI
PART 15: APPENDIX
· List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
