APO RESEARCH · REPORT
Traction Battery
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
Product & engineering
Understand the product.
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
Selected research
Market Structure
Global Traction Battery Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
The top 3 players held about 31% of the market share, in terms of the globle traction battery revenue in 2018.
Report Includes
Read the full market overview
This report provides an overview of the global Traction Battery market and its size, analyzing global market trends based on historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Traction Battery and revenue in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Traction Battery revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering revenue and growth rates—for 2021-2032, and evaluates and forecasts the Traction Battery market size, projected growth trends, production technologies, key applications, and end-use industries.
Traction Battery Segment by Company
Panasonic
Contemporary Amperex Technology Limited (CATL)
LG Chem
BYD
GS Yuasa
Gotion, Inc.
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Traction Battery Segment by Type
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Traction Battery Segment by Application
Industrial Vehicles
Recreational Vehicles
Traction Battery Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Traction Battery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Traction Battery and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Traction Battery.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Traction Battery in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Traction Battery industry.
Chapter 3: Detailed analysis of Traction Battery companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Traction Batteryrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Open Lead Acid Battery
- Pure Lead Battery
- Gel Battery
- Lithium-Ion Battery
Applications
- Industrial Vehicles
- Recreational Vehicles
Companies covered
- Panasonic
- Contemporary Amperex Technology Limited (CATL)
- LG Chem
- BYD
- GS Yuasa
- Gotion, Inc.
- CSICP
- Lishen
- East Penn Manufacturing
- Clarios
- Enersys
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Market Analysis by Type
- 1.2.1 Global Traction Battery Market Size Growth Rate by Type: 2021 VS 2025 VS 2032
- 1.2.2 Open Lead Acid Battery
- 1.2.3 Pure Lead Battery
- 1.2.4 Gel Battery
- 1.2.5 Lithium-Ion Battery
- 1.3 Market Analysis by Application
- 1.3.1 Global Traction Battery Market Size Growth Rate by Application: 2021 VS 2025 VS 2032
- 1.3.2 Industrial Vehicles
- 1.3.3 Recreational Vehicles
- 1.4 Global Market Growth Prospects
- 1.5 Global Traction Battery Growth Trends by Region
- 1.5.1 Global Traction Battery Market Size by Region: 2021 VS 2025 VS 2032
- 1.5.2 Traction Battery Market Size by Region (2021-2026)
- 1.5.3 Traction Battery Market Size by Region (2027-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
- 1.8 Years Considered
2 Global Traction Battery Market Dynamics
- 2.1 Traction Battery Industry Trends
- 2.2 Traction Battery Industry Drivers
- 2.3 Traction Battery Industry Opportunities and Challenges
- 2.4 Traction Battery Industry Restraints
3 Competitive Landscape by Company
- 3.1 Global Traction Battery Revenue by Company (2021-2026)
- 3.2 Global Traction Battery Players Revenue Ranking, 2024 VS 2025 VS 2026
- 3.3 Global Traction Battery Key Company Head office and Area Served
- 3.4 Global Traction Battery Company, Product Type & Application
- 3.5 Global Traction Battery Company Establishment Date
- 3.6 Market Competitive Analysis
- 3.6.1 Global Traction Battery Market CR5 and HHI
- 3.6.2 Global Top 5 and 10 Traction Battery Players Market Share by Revenue in 2025
- 3.6.3 2025 Traction Battery Tier 1, Tier 2, and Tier 3
4 Traction Battery Market by Type
- 4.1 Global Traction Battery Market Size by Type (2021 VS 2025 VS 2032)
- 4.2 Global Traction Battery Market Size by Type (2021-2032)
- 4.3 Global Traction Battery Market Size Share by Type (2021-2032)
5 Traction Battery Market by Application
- 5.1 Global Traction Battery Market Size by Application (2021 VS 2025 VS 2032)
- 5.2 Global Traction Battery Market Size by Application (2021-2032)
- 5.3 Global Traction Battery Market Size Share by Application (2021-2032)
6 Company Profiles
- 6.1 Panasonic
- 6.1.1 Panasonic Company Information
- 6.1.2 Panasonic Business Overview
- 6.1.3 Panasonic Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.1.4 Panasonic Traction Battery Product Portfolio
- 6.1.5 Panasonic Recent Developments
- 6.2 Contemporary Amperex Technology Limited (CATL)
- 6.2.1 Contemporary Amperex Technology Limited (CATL) Company Information
- 6.2.2 Contemporary Amperex Technology Limited (CATL) Business Overview
- 6.2.3 Contemporary Amperex Technology Limited (CATL) Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.2.4 Contemporary Amperex Technology Limited (CATL) Traction Battery Product Portfolio
- 6.2.5 Contemporary Amperex Technology Limited (CATL) Recent Developments
- 6.3 LG Chem
- 6.3.1 LG Chem Company Information
- 6.3.2 LG Chem Business Overview
- 6.3.3 LG Chem Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.3.4 LG Chem Traction Battery Product Portfolio
- 6.3.5 LG Chem Recent Developments
- 6.4 BYD
- 6.4.1 BYD Company Information
- 6.4.2 BYD Business Overview
- 6.4.3 BYD Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.4.4 BYD Traction Battery Product Portfolio
- 6.4.5 BYD Recent Developments
- 6.5 GS Yuasa
- 6.5.1 GS Yuasa Company Information
- 6.5.2 GS Yuasa Business Overview
- 6.5.3 GS Yuasa Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.5.4 GS Yuasa Traction Battery Product Portfolio
- 6.5.5 GS Yuasa Recent Developments
- 6.6 Gotion, Inc.
- 6.6.1 Gotion, Inc. Company Information
- 6.6.2 Gotion, Inc. Business Overview
- 6.6.3 Gotion, Inc. Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.6.4 Gotion, Inc. Traction Battery Product Portfolio
- 6.6.5 Gotion, Inc. Recent Developments
- 6.7 CSICP
- 6.7.1 CSICP Company Information
- 6.7.2 CSICP Business Overview
- 6.7.3 CSICP Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.7.4 CSICP Traction Battery Product Portfolio
- 6.7.5 CSICP Recent Developments
- 6.8 Lishen
- 6.8.1 Lishen Company Information
- 6.8.2 Lishen Business Overview
- 6.8.3 Lishen Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.8.4 Lishen Traction Battery Product Portfolio
- 6.8.5 Lishen Recent Developments
- 6.9 East Penn Manufacturing
- 6.9.1 East Penn Manufacturing Company Information
- 6.9.2 East Penn Manufacturing Business Overview
- 6.9.3 East Penn Manufacturing Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.9.4 East Penn Manufacturing Traction Battery Product Portfolio
- 6.9.5 East Penn Manufacturing Recent Developments
- 6.10 Clarios
- 6.10.1 Clarios Company Information
- 6.10.2 Clarios Business Overview
- 6.10.3 Clarios Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.10.4 Clarios Traction Battery Product Portfolio
- 6.10.5 Clarios Recent Developments
- 6.11 Enersys
- 6.11.1 Enersys Company Information
- 6.11.2 Enersys Business Overview
- 6.11.3 Enersys Traction Battery Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.11.4 Enersys Traction Battery Product Portfolio
- 6.11.5 Enersys Recent Developments
7 North America
- 7.1 North America Traction Battery Market Size (2021-2032)
- 7.2 North America Traction Battery Market Size by Type
- 7.2.1 North America Traction Battery Market Size by Type (2021-2026)
- 7.2.2 North America Traction Battery Market Size by Type (2027-2032)
- 7.2.3 North America Traction Battery Market Share by Type (2021-2032)
- 7.3 North America Traction Battery Market Size by Application
- 7.3.1 North America Traction Battery Market Size by Application (2021-2026)
- 7.3.2 North America Traction Battery Market Size by Application (2027-2032)
- 7.3.3 North America Traction Battery Market Share by Application (2021-2032)
- 7.4 North America Traction Battery Market Size by Country
- 7.4.1 North America Traction Battery Market Size by Country (2021 VS 2025 VS 2032)
- 7.4.2 North America Traction Battery Market Size by Country (2021-2026)
- 7.4.3 North America Traction Battery Market Size by Country (2027-2032)
- 7.4.4 North America Traction Battery Market Share by Country (2021-2032)
- 7.4.5 United States
- 7.4.6 Canada
- 7.4.7 Mexico
8 Europe
- 8.1 Europe Traction Battery Market Size (2021-2032)
- 8.2 Europe Traction Battery Market Size by Type
- 8.2.1 Europe Traction Battery Market Size by Type (2021-2026)
- 8.2.2 Europe Traction Battery Market Size by Type (2027-2032)
- 8.2.3 Europe Traction Battery Market Share by Type (2021-2032)
- 8.3 Europe Traction Battery Market Size by Application
- 8.3.1 Europe Traction Battery Market Size by Application (2021-2026)
- 8.3.2 Europe Traction Battery Market Size by Application (2027-2032)
- 8.3.3 Europe Traction Battery Market Share by Application (2021-2032)
- 8.4 Europe Traction Battery Market Size by Country
- 8.4.1 Europe Traction Battery Market Size by Country (2021 VS 2025 VS 2032)
- 8.4.2 Europe Traction Battery Market Size by Country (2021-2026)
- 8.4.3 Europe Traction Battery Market Size by Country (2027-2032)
- 8.4.4 Europe Traction Battery Market Share by Country (2021-2032)
- 8.4.5 Germany
- 8.4.6 France
- 8.4.7 U.K.
- 8.4.8 Italy
- 8.4.9 Russia
- 8.4.10 Nordic Countries
9 China
- 9.1 China Traction Battery Market Size (2021-2032)
- 9.2 China Traction Battery Market Size by Type
- 9.2.1 China Traction Battery Market Size by Type (2021-2026)
- 9.2.2 China Traction Battery Market Size by Type (2027-2032)
- 9.2.3 China Traction Battery Market Share by Type (2021-2032)
- 9.3 China Traction Battery Market Size by Application
- 9.3.1 China Traction Battery Market Size by Application (2021-2026)
- 9.3.2 China Traction Battery Market Size by Application (2027-2032)
- 9.3.3 China Traction Battery Market Share by Application (2021-2032)
10 Asia (Excluding China)
- 10.1 Asia Traction Battery Market Size (2021-2032)
- 10.2 Asia Traction Battery Market Size by Type
- 10.2.1 Asia Traction Battery Market Size by Type (2021-2026)
- 10.2.2 Asia Traction Battery Market Size by Type (2027-2032)
- 10.2.3 Asia Traction Battery Market Share by Type (2021-2032)
- 10.3 Asia Traction Battery Market Size by Application
- 10.3.1 Asia Traction Battery Market Size by Application (2021-2026)
- 10.3.2 Asia Traction Battery Market Size by Application (2027-2032)
- 10.3.3 Asia Traction Battery Market Share by Application (2021-2032)
- 10.4 Asia Traction Battery Market Size by Country
- 10.4.1 Asia Traction Battery Market Size by Country (2021 VS 2025 VS 2032)
- 10.4.2 Asia Traction Battery Market Size by Country (2021-2026)
- 10.4.3 Asia Traction Battery Market Size by Country (2027-2032)
- 10.4.4 Asia Traction Battery Market Share by Country (2021-2032)
- 10.4.5 Japan
- 10.4.6 South Korea
- 10.4.7 Taiwan
- 10.4.8 Southeast Asia
- 10.4.9 India
- 10.4.10 Australia
11 South America, Middle East & Africa
- 11.1 South America, Middle East & Africa Traction Battery Market Size (2021-2032)
- 11.2 South America, Middle East & Africa Traction Battery Market Size by Type
- 11.2.1 South America, Middle East & Africa Traction Battery Market Size by Type (2021-2026)
- 11.2.2 South America, Middle East & Africa Traction Battery Market Size by Type (2027-2032)
- 11.2.3 South America, Middle East & Africa Traction Battery Market Share by Type (2021-2032)
- 11.3 South America, Middle East & Africa Traction Battery Market Size by Application
- 11.3.1 South America, Middle East & Africa Traction Battery Market Size by Application (2021-2026)
- 11.3.2 South America, Middle East & Africa Traction Battery Market Size by Application (2027-2032)
- 11.3.3 South America, Middle East & Africa Traction Battery Market Share by Application (2021-2032)
- 11.4 South America, Middle East & Africa Traction Battery Market Size by Country
- 11.4.1 South America, Middle East & Africa Traction Battery Market Size by Country (2021 VS 2025 VS 2032)
- 11.4.2 South America, Middle East & Africa Traction Battery Market Size by Country (2021-2026)
- 11.4.3 South America, Middle East & Africa Traction Battery Market Size by Country (2027-2032)
- 11.4.4 South America, Middle East & Africa Traction Battery Market Share by Country (2021-2032)
- 11.4.5 Brazil
- 11.4.6 South Africa
- 11.4.7 Saudi Arabia
- 11.4.8 Turkey
- 11.4.9 Argentina
- 11.4.9 UAE
- 11.4.9 Egypt
- 11.4.9 Chile
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
- 13.6 Disclaimer
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