Global Transportation Battery Market 2018-2022

Below are some of the key findings from the transportation battery market research report:

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Global transportation battery industry overview

The automotive industry has been witnessing a dramatic growth in over the past decade, with a significant increase in the commercial vehicles, and passenger cars segments. Countries such as Brazil, Russia, and Japan are exhibiting strong growth in the sale of cars. With the increase in sales of vehicles, the demand for batteries will also grow significantly owing to government regulations to curb vehicular pollution. The growth in the automotive market will fuel the transportation battery market growth during the forecast period.

Financial and non-financial incentives by governments to increase EV production will be one of the vital transportation battery market trends that will impact growth during the forecast period. With an aim to protect the environment and human life from adverse effects of air pollution, governments in countries such as the US and China are offering incentives to boost the adoption of EVs. The incentives such as rebates and tax credit primarily lower the upfront costs of EVs, playing a significant role in their adoption. This, in turn, will propel the demand for batteries, resulting in the growth of the transportation battery market.

Top transportation battery companies covered in this market research report

The transportation battery market is fairly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this transportation battery industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• EnerSys
• Exide Technologies
• GS Yuasa International
• Johnson Controls
• Panasonic
• SAMSUNG SDI

Transportation battery market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, APAC will account for the largest transportation battery market share throughout the forecast period. This region will continue to register the highest incremental growth during the forecast period. 

Transportation battery market segmentation based on application

• Automotive
• EV

The automotive segment will account for the largest share in the transportation battery market. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the transportation battery market size.

Key highlights of the global transportation battery 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 transportation battery market during the next five years
• Precise estimation of the global transportation battery market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the transportation battery 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 transportation battery companies

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