Traction Battery Market Industry Outlook, Opportunities in Market And Expansion By 2032 | Amara Raja Batteries, BAE Batterien GmbH, Banner Batterien, BYD Company

The Traction Battery Global Market Report 2023, provides comprehensive information on the traction battery market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Traction Battery Market’s Growth:
https://www.thebusinessresearchcompany.com/report/traction-battery-global-market-report

As per The Business Research Company’s Traction Battery Global Market Report 2023, the global traction battery market size grew from $31.9 billion in 2022 to $36.18 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The traction battery market size is expected to grow to $58.53 billion in 2027 at a CAGR of 12.8%.

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The traction battery market is segmented:

1) By Product Type: Lead Acid Based, Li-Ion Based, Nickel Based, Other Types
2) By Capacity: Less than 100 Ah, 100 – 200 Ah, 200 – 300 Ah, 300 – 400 Ah, 400 Ah And above
3) By Application: Electrical Vehicle (EV), Hybrid Electric Vehicles (HEV), Industrial, Forklift, Mechanical Handling Equipment, Other Applications

North America was the largest region in the traction battery market in 2022.

Top 5 Major Key Players Are:
Amara Raja Batteries
BAE Batterien GmbH
Banner Batterien
BYD Company
Coslight Technology International Group Co. Ltd

Table Of Contents
1. Executive Summary
2. Traction Battery Market Characteristics
3. Traction Battery Market Trends And Strategies
4. Traction Battery Market – Macro Economic Scenario
5. Traction Battery Market Size And Growth
…….
26. Africa Traction Battery Market
27. Traction Battery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Traction Battery Market
29. Traction Battery Market Future Outlook and Potential Analysis
30. Appendix

are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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