Semiconductor & Electronics

Traction Battery Market: A Straight Overview of Growing Market & Future Trend by 2025

AMA Research added a comprehensive research document of 200+ pages on ‘Traction Battery’ Market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are Johnson Controls (United States),East Penn Manufacturing (United States),Samsung (South Korea),Mitsubishi (Japan),Hitachi (Japan),BYD Company (China),LG Chem (South Korea),Panasonic (Japan),Enersys (United States),Systems Sunlight (United States)

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Traction Battery are the electric vehicle battery which are rechargeable. These are used in forklifts, golf carts, floor scrubbers and others. The batteries are characterised by power to weight ratio, specific energy and energy density as it makes up the cost of the vehicle. The advancements in batteries has helped to improve the efficiency and reduce costs which is boosting the market of electric vehicle. The weight of the battery pack is 1.3 to 1.5 times greater than that of cells and the power consumption depends on the weights of the vehicle. According to IEA the global sales of the electric vehicle passed 1.98 million units in 2018 and raising global stock to 5.12 million.

Market Segmentation & Scope

Study by Type (Lead Acid, Li-Ion, Nickel Based, Others), Application (Electric Vehicles, Industrial, E-bikes), Distribution (OEM, Aftermarket), Cells  (2 Volt cells, 4 volt cells, 6volt cells, 8 volt cells, 12 volt cells)

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Market Trend

Increasing Need of Environment Friendly Vehicles

Ongoing Research and Development on Li-Ion Batteries to Improve the Performance

Market Drivers: Increasing Demand for Hybrid and Electric Vehicles

Usage of Batteries in Different Types of Vehicles

Restraints: High Costs Associated with the Traction Batteries

Limitations Related to Lead Acid Batteries

Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Strategic Points Covered in Table of Content of Global Traction Battery Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Traction Battery market

Chapter 2: Exclusive Summary – the basic information of the Traction Battery Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Traction Battery

Chapter 4: Presenting the Traction Battery Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Traction Battery market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Traction Battery Market is a valuable source of guidance for individuals and companies in decision framework.

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What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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