Research Summary
A traction battery is a type of rechargeable battery specifically designed to provide power for electric vehicles (EVs) and hybrid vehicles. Unlike traditional automotive batteries, traction batteries are engineered to deliver sustained energy to propel the vehicle＇s electric motor. These batteries are typically high-capacity and use advanced chemistries, such as lithium-ion, to store and release electrical energy efficiently. Traction batteries play a pivotal role in determining the range, performance, and overall efficiency of electric vehicles. They are rechargeable, allowing users to plug in their vehicles for charging. The development of reliable and high-performance traction batteries is crucial for the widespread adoption of electric and hybrid vehicles as part of efforts to reduce reliance on internal combustion engines and mitigate environmental impacts associated with transportation.
According to DIResearch's in-depth investigation and research, the global Traction Battery market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Traction Battery include Panasonic, Contemporary Amperex Technology Limited (CATL), LG Chem, BYD, GS Yuasa, Gotion, Inc., CSICP, Lishen, East Penn Manufacturing, Clarios, Enersys etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Traction Battery. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Traction Battery market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Traction Battery market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Traction Battery industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Traction Battery Include:
Panasonic
Contemporary Amperex Technology Limited (CATL)
LG Chem
BYD
GS Yuasa
Gotion, Inc.
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Traction Battery Product Segment Include:
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Traction Battery Product Application Include:
Industrial Vehicles
Recreational Vehicles
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Traction Battery Industry PESTEL Analysis
Chapter 3: Global Traction Battery Industry Porter’s Five Forces Analysis
Chapter 4: Global Traction Battery Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Traction Battery Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Traction Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Traction Battery Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 Traction Battery Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Traction Battery Product by Type
- 1.2.1 Open Lead Acid Battery
- 1.2.2 Pure Lead Battery
- 1.2.3 Gel Battery
- 1.2.4 Lithium-Ion Battery
- 1.3 Traction Battery Product by Application
- 1.3.1 Industrial Vehicles
- 1.3.2 Recreational Vehicles
- 1.4 Global Traction Battery Market Revenue and Sales Analysis
- 1.4.1 Global Traction Battery Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Traction Battery Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Traction Battery Market Sales Price Trend Analysis (2020-2032)
- 1.5 Traction Battery Industry Trends and Innovation
- 1.5.1 Traction Battery Industry Trends and Innovation
- 1.5.2 Traction Battery Market Drivers and Challenges
- 2 Traction Battery Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Traction Battery Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Traction Battery Market Analysis by Regions
- 4.1 Global Traction Battery Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Traction Battery Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Traction Battery Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Traction Battery Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global Traction Battery Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global Traction Battery Sales and Market Share by Region (2020-2025)
- 4.3.2 Global Traction Battery Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global Traction Battery Sales Price Trend Analysis (2020-2032)
- 5 Global Traction Battery Market Size by Type and Application
- 5.1 Global Traction Battery Market Size by Type
- 5.1.1 Global Traction Battery Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global Traction Battery Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global Traction Battery Market Size by Application
- 5.2.1 Global Traction Battery Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global Traction Battery Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Traction Battery Market Size by Type
- 6.3.1 North America Traction Battery Sales by Type (2020-2032)
- 6.3.2 North America Traction Battery Revenue by Type (2020-2032)
- 6.4 North America Traction Battery Market Size by Application
- 6.4.1 North America Traction Battery Sales by Application (2020-2032)
- 6.4.2 North America Traction Battery Revenue by Application (2020-2032)
- 6.5 North America Traction Battery Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Traction Battery Market Size by Type
- 7.3.1 Europe Traction Battery Sales by Type (2020-2032)
- 7.3.2 Europe Traction Battery Revenue by Type (2020-2032)
- 7.4 Europe Traction Battery Market Size by Application
- 7.4.1 Europe Traction Battery Sales by Application (2020-2032)
- 7.4.2 Europe Traction Battery Revenue by Application (2020-2032)
- 7.5 Europe Traction Battery Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Traction Battery Market Size by Type
- 8.3.1 China Traction Battery Sales by Type (2020-2032)
- 8.3.2 China Traction Battery Revenue by Type (2020-2032)
- 8.4 China Traction Battery Market Size by Application
- 8.4.1 China Traction Battery Sales by Application (2020-2032)
- 8.4.2 China Traction Battery Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Traction Battery Market Size by Type
- 9.3.1 APAC (excl. China) Traction Battery Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) Traction Battery Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) Traction Battery Market Size by Application
- 9.4.1 APAC (excl. China) Traction Battery Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) Traction Battery Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) Traction Battery Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Traction Battery Market Size by Type
- 10.3.1 Latin America Traction Battery Sales by Type (2020-2032)
- 10.3.2 Latin America Traction Battery Revenue by Type (2020-2032)
- 10.4 Latin America Traction Battery Market Size by Application
- 10.4.1 Latin America Traction Battery Sales by Application (2020-2032)
- 10.4.2 Latin America Traction Battery Revenue by Application (2020-2032)
- 10.5 Latin America Traction Battery Market Size by Country
- 10.6 Latin America Traction Battery Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Traction Battery Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Traction Battery Market Size by Type
- 11.3.1 Middle East & Africa Traction Battery Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa Traction Battery Revenue by Type (2020-2032)
- 11.4 Middle East & Africa Traction Battery Market Size by Application
- 11.4.1 Middle East & Africa Traction Battery Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa Traction Battery Revenue by Application (2020-2032)
- 11.5 Middle East Traction Battery Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Traction Battery Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global Traction Battery Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global Traction Battery Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global Traction Battery Average Sales Price by Manufacturers (2021-2025)
- 12.2 Traction Battery Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Traction Battery Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Panasonic
- 13.1.1 Panasonic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Panasonic Traction Battery Product Portfolio
- 13.1.3 Panasonic Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 Contemporary Amperex Technology Limited (CATL)
- 13.2.1 Contemporary Amperex Technology Limited (CATL) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Contemporary Amperex Technology Limited (CATL) Traction Battery Product Portfolio
- 13.2.3 Contemporary Amperex Technology Limited (CATL) Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 LG Chem
- 13.3.1 LG Chem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 LG Chem Traction Battery Product Portfolio
- 13.3.3 LG Chem Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 BYD
- 13.4.1 BYD Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 BYD Traction Battery Product Portfolio
- 13.4.3 BYD Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 GS Yuasa
- 13.5.1 GS Yuasa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 GS Yuasa Traction Battery Product Portfolio
- 13.5.3 GS Yuasa Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Gotion, Inc.
- 13.6.1 Gotion, Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Gotion, Inc. Traction Battery Product Portfolio
- 13.6.3 Gotion, Inc. Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 CSICP
- 13.7.1 CSICP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 CSICP Traction Battery Product Portfolio
- 13.7.3 CSICP Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 Lishen
- 13.8.1 Lishen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 Lishen Traction Battery Product Portfolio
- 13.8.3 Lishen Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 East Penn Manufacturing
- 13.9.1 East Penn Manufacturing Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 East Penn Manufacturing Traction Battery Product Portfolio
- 13.9.3 East Penn Manufacturing Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 Clarios
- 13.10.1 Clarios Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Clarios Traction Battery Product Portfolio
- 13.10.3 Clarios Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 Enersys
- 13.11.1 Enersys Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Enersys Traction Battery Product Portfolio
- 13.11.3 Enersys Traction Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Traction Battery Industry Chain Analysis
- 14.2 Traction Battery Industry Raw Material and Suppliers Analysis
- 14.2.1 Traction Battery Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Traction Battery Typical Downstream Customers
- 14.4 Traction Battery Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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