Global Traction Battery Market Growth (Status and Outlook) 2024-2030
Traction Battery market size was valued at US$ 41940 million in 2023 and is estimated to reach US$ 109740 million by 2030 with a CAGR of 14.7% during review period.
- Bonafide Trust
- 31-05-2024
- Pages : 77
- Figures : 77
- Tables : 107
- Region : Global
- Category : Energy & Utility
- Power storage & Backup
According to Publisher’s latest study, the global Traction Battery market size was valued at US$ 41940 million in 2023. With growing demand in downstream market, the Traction Battery is forecast to a readjusted size of US$ 109740 million by 2030 with a CAGR of 14.7% during review period.
Market Overview
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A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Download SampleThe research report highlights the growth potential of the global Traction Battery market. Traction Battery are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Traction Battery. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Traction Battery market. Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles.
Key Features:
Market Drivers: Vehicle Electrification
The need for automation and electrification in the automotive industry is rising as a result of government rules and standards requiring automakers to lower their carbon footprint. Traction batteries are in great demand because to the growing requirement for electric vehicles and the rising charging infrastructure.
Manufacturers are focusing on improving hybrid automobile fuel efficiency and lowering the world's carbon impact. Because of this, more electric cars are being produced, which is increasing the need for these electrochemical energy storage devices.
Technological Progress in Batteries
The goal of battery technology developments is to improve batteries' cost-effectiveness, performance, efficiency, and safety while including intelligent features as Al-driven battery management systems and V2G charging capability.
Solid-state batteries, which employ solid electrolytes rather than liquid or gel ones and provide higher safety, high energy density, and extended longevity, are the most recent development in this field.
The University of Texas has been developing a lithium-ion battery without a cathode made of cobalt. Rather, it uses aluminum, manganese, and nickel up to 89%. The reason is that it is costly, difficult, and rare to extract cobalt from the soil.
Challenges- High Initial Costs: The high initial cost of traction batteries prevents the broad adoption of electric cars, even in the face of dropping prices. More cost reductions are required to increase the accessibility of EVs to a larger group of consumers.
Battery Recycling and Disposal: There are environmental issues associated with the recycling and disposal of spent batteries. Creating effective and long-lasting recycling procedures is essential to reducing the negative environmental effects of battery waste.
Range Anxiety and Charging Time: Two major obstacles to EV adoption are worries about the driving range of EVs and the amount of time needed for charging. To allay these worries, fast-charging infrastructure must be expanded and battery efficiency must be increased.
Limitations in the Supply Chain: There is a chance that the supply chain for raw materials used in batteries, like nickel, cobalt, and lithium, will be disrupted. Maintaining a steady and long-term supply of these materials is essential to the traction battery market's expansion.
Market Forecasts and Future Outlook: The rising demand for electric vehicles, technical developments, and pro-business government policies are expected to propel the worldwide traction battery market's strong expansion between 2024 and 2030. The future of the market will be shaped by the emphasis on cost containment, performance improvement, and sustainability. Opportunities: Developments in Battery Technology: There are a lot of prospects for market expansion as long as battery technology research and development are conducted. Performance, safety, and energy density can all be improved by innovations like next-generation lithium-ion batteries and solid-state batteries.
Market Expansion in Emerging Markets: There are a lot of prospects for market expansion due to the growing potential in emerging markets, especially in Asia, Africa, and Latin America. The need for traction batteries and electric cars may increase in these areas due to growing urbanization and income levels.
Energy Storage Solutions: There are chances for market diversification when traction batteries and renewable energy storage solutions are combined. Traction batteries are more valuable when combined with battery storage systems, which can maintain grid stability and offer backup power.
Collaborations and Strategic Partnerships: Establishing cooperative relationships with governments, technology companies, and automakers can expand market penetration and spur innovation. Partnerships can speed up the creation of cutting-edge infrastructure and battery solutions.
Sustainable Practices and the Circular Economy: Promoting ecologically friendly battery manufacturing, use, and recycling methods can draw in stakeholders and customers who care about the environment. Reducing environmental impact and improving resource efficiency are two benefits of implementing the circular economy.
Market Segmentation:
Traction Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
1. Segmentation by type
• Open Lead Acid Battery
• Pure Lead Battery
• Gel Battery
• Lithium-Ion Battery
2. Segmentation by application
• Industrial Vehicles
• Recreational Vehicles
Regional Insight: North America: The market in North America is distinguished by large expenditures on electric vehicle (EV) technology and a strong emphasis on cutting carbon emissions. Key markets that provide substantial backing for the growth of EV adoption and charging infrastructure development include the United States and Canada.
Europe: Due to strict pollution laws, financial incentives from the government, and a high degree of environmental consciousness, Europe continues to be a significant market for traction batteries. Nations leading the way in EV adoption and battery technology development are Norway, the UK, Germany, and other countries.
Asia-Pacific: Strong government support for electric transportation, fast urbanization, and rising disposable incomes are all likely to contribute to the region's significant growth. With large investments in the production of EVs and batteries, China, Japan, and South Korea are major players in the market.
The Middle East and Africa, as well as Latin America, are expanding as a result of growing investments in sustainable transportation and renewable energy. Emerging as significant traction battery markets include nations like Brazil, Mexico, and the United Arab Emirates.
1. Americas
• United States
• Canada
• Mexico
• Brazil
2. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
3. Europe
• Germany
• France
• UK
• Italy
• Russia
4. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
Competitive Landscape- The top 3 players held about 31% of the market share, in terms of the globle traction battery revenue in 2018. The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• Panasonic
• Contemporary Amperex Technology Limited (CATL)
• LG Chem
• BYD
• GS Yuasa
• Gotion, Inc.
• CSICP
• Lishen
• East Penn Manufacturing
• Clarios
• Enersys
Table of Contents
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Traction Battery Market Size 2019-2030
- 2.1.2 Traction Battery Market Size CAGR by Region 2019 VS 2023 VS 2030
- 2.2 Traction Battery Segment by Type
- 2.2.1 Open Lead Acid Battery
- 2.2.2 Pure Lead Battery
- 2.2.3 Gel Battery
- 2.2.4 Lithium-Ion Battery
- 2.3 Traction Battery Market Size by Type
- 2.3.1 Traction Battery Market Size CAGR by Type (2019 VS 2023 VS 2030)
- 2.3.2 Global Traction Battery Market Size Market Share by Type (2019-2024)
- 2.4 Traction Battery Segment by Application
- 2.4.1 Industrial Vehicles
- 2.4.2 Recreational Vehicles
- 2.5 Traction Battery Market Size by Application
- 2.5.1 Traction Battery Market Size CAGR by Application (2019 VS 2023 VS 2030)
- 2.5.2 Global Traction Battery Market Size Market Share by Application (2019-2024)
- 3 Traction Battery Market Size by Player
- 3.1 Traction Battery Market Size Market Share by Players
- 3.1.1 Global Traction Battery Revenue by Players (2019-2024)
- 3.1.2 Global Traction Battery Revenue Market Share by Players (2019-2024)
- 3.2 Global Traction Battery Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
- 4 Traction Battery by Regions
- 4.1 Traction Battery Market Size by Regions (2019-2024)
- 4.2 Americas Traction Battery Market Size Growth (2019-2024)
- 4.3 APAC Traction Battery Market Size Growth (2019-2024)
- 4.4 Europe Traction Battery Market Size Growth (2019-2024)
- 4.5 Middle East & Africa Traction Battery Market Size Growth (2019-2024)
- 5 Americas
- 5.1 Americas Traction Battery Market Size by Country (2019-2024)
- 5.2 Americas Traction Battery Market Size by Type (2019-2024)
- 5.3 Americas Traction Battery Market Size by Application (2019-2024)
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Traction Battery Market Size by Region (2019-2024)
- 6.2 APAC Traction Battery Market Size by Type (2019-2024)
- 6.3 APAC Traction Battery Market Size by Application (2019-2024)
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 7 Europe
- 7.1 Europe Traction Battery by Country (2019-2024)
- 7.2 Europe Traction Battery Market Size by Type (2019-2024)
- 7.3 Europe Traction Battery Market Size by Application (2019-2024)
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Traction Battery by Region (2019-2024)
- 8.2 Middle East & Africa Traction Battery Market Size by Type (2019-2024)
- 8.3 Middle East & Africa Traction Battery Market Size by Application (2019-2024)
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Global Traction Battery Market Forecast
- 10.1 Global Traction Battery Forecast by Regions (2025-2030)
- 10.1.1 Global Traction Battery Forecast by Regions (2025-2030)
- 10.1.2 Americas Traction Battery Forecast
- 10.1.3 APAC Traction Battery Forecast
- 10.1.4 Europe Traction Battery Forecast
- 10.1.5 Middle East & Africa Traction Battery Forecast
- 10.2 Americas Traction Battery Forecast by Country (2025-2030)
- 10.2.1 United States Traction Battery Market Forecast
- 10.2.2 Canada Traction Battery Market Forecast
- 10.2.3 Mexico Traction Battery Market Forecast
- 10.2.4 Brazil Traction Battery Market Forecast
- 10.3 APAC Traction Battery Forecast by Region (2025-2030)
- 10.3.1 China Traction Battery Market Forecast
- 10.3.2 Japan Traction Battery Market Forecast
- 10.3.3 Korea Traction Battery Market Forecast
- 10.3.4 Southeast Asia Traction Battery Market Forecast
- 10.3.5 India Traction Battery Market Forecast
- 10.3.6 Australia Traction Battery Market Forecast
- 10.4 Europe Traction Battery Forecast by Country (2025-2030)
- 10.4.1 Germany Traction Battery Market Forecast
- 10.4.2 France Traction Battery Market Forecast
- 10.4.3 UK Traction Battery Market Forecast
- 10.4.4 Italy Traction Battery Market Forecast
- 10.4.5 Russia Traction Battery Market Forecast
- 10.5 Middle East & Africa Traction Battery Forecast by Region (2025-2030)
- 10.5.1 Egypt Traction Battery Market Forecast
- 10.5.2 South Africa Traction Battery Market Forecast
- 10.5.3 Israel Traction Battery Market Forecast
- 10.5.4 Turkey Traction Battery Market Forecast
- 10.5.5 GCC Countries Traction Battery Market Forecast
- 10.6 Global Traction Battery Forecast by Type (2025-2030)
- 10.7 Global Traction Battery Forecast by Application (2025-2030)
- 11 Key Players Analysis
- 11.1 Panasonic
- 11.1.1 Panasonic Company Information
- 11.1.2 Panasonic Traction Battery Product Offered
- 11.1.3 Panasonic Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.1.4 Panasonic Main Business Overview
- 11.1.5 Panasonic Latest Developments
- 11.2 Contemporary Amperex Technology Limited (CATL)
- 11.2.1 Contemporary Amperex Technology Limited (CATL) Company Information
- 11.2.2 Contemporary Amperex Technology Limited (CATL) Traction Battery Product Offered
- 11.2.3 Contemporary Amperex Technology Limited (CATL) Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.2.4 Contemporary Amperex Technology Limited (CATL) Main Business Overview
- 11.2.5 Contemporary Amperex Technology Limited (CATL) Latest Developments
- 11.3 LG Chem
- 11.3.1 LG Chem Company Information
- 11.3.2 LG Chem Traction Battery Product Offered
- 11.3.3 LG Chem Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.3.4 LG Chem Main Business Overview
- 11.3.5 LG Chem Latest Developments
- 11.4 BYD
- 11.4.1 BYD Company Information
- 11.4.2 BYD Traction Battery Product Offered
- 11.4.3 BYD Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.4.4 BYD Main Business Overview
- 11.4.5 BYD Latest Developments
- 11.5 GS Yuasa
- 11.5.1 GS Yuasa Company Information
- 11.5.2 GS Yuasa Traction Battery Product Offered
- 11.5.3 GS Yuasa Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.5.4 GS Yuasa Main Business Overview
- 11.5.5 GS Yuasa Latest Developments
- 11.6 Gotion, Inc.
- 11.6.1 Gotion, Inc. Company Information
- 11.6.2 Gotion, Inc. Traction Battery Product Offered
- 11.6.3 Gotion, Inc. Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.6.4 Gotion, Inc. Main Business Overview
- 11.6.5 Gotion, Inc. Latest Developments
- 11.7 CSICP
- 11.7.1 CSICP Company Information
- 11.7.2 CSICP Traction Battery Product Offered
- 11.7.3 CSICP Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.7.4 CSICP Main Business Overview
- 11.7.5 CSICP Latest Developments
- 11.8 Lishen
- 11.8.1 Lishen Company Information
- 11.8.2 Lishen Traction Battery Product Offered
- 11.8.3 Lishen Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.8.4 Lishen Main Business Overview
- 11.8.5 Lishen Latest Developments
- 11.9 East Penn Manufacturing
- 11.9.1 East Penn Manufacturing Company Information
- 11.9.2 East Penn Manufacturing Traction Battery Product Offered
- 11.9.3 East Penn Manufacturing Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.9.4 East Penn Manufacturing Main Business Overview
- 11.9.5 East Penn Manufacturing Latest Developments
- 11.10 Clarios
- 11.10.1 Clarios Company Information
- 11.10.2 Clarios Traction Battery Product Offered
- 11.10.3 Clarios Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.10.4 Clarios Main Business Overview
- 11.10.5 Clarios Latest Developments
- 11.11 Enersys
- 11.11.1 Enersys Company Information
- 11.11.2 Enersys Traction Battery Product Offered
- 11.11.3 Enersys Traction Battery Revenue, Gross Margin and Market Share (2019-2024)
- 11.11.4 Enersys Main Business Overview
- 11.11.5 Enersys Latest Developments
- 12 Research Findings and Conclusion
Table 1. Traction Battery Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ Millions) Table 2. Major Players of Open Lead Acid Battery Table 3. Major Players of Pure Lead Battery Table 4. Major Players of Gel Battery Table 5. Major Players of Lithium-Ion Battery Table 6. Traction Battery Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ Millions) Table 7. Global Traction Battery Market Size by Type (2019-2024) & ($ Millions) Table 8. Global Traction Battery Market Size Market Share by Type (2019-2024) Table 9. Traction Battery Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ Millions) Table 10. Global Traction Battery Market Size by Application (2019-2024) & ($ Millions) Table 11. Global Traction Battery Market Size Market Share by Application (2019-2024) Table 12. Global Traction Battery Revenue by Players (2019-2024) & ($ Millions) Table 13. Global Traction Battery Revenue Market Share by Player (2019-2024) Table 14. Traction Battery Key Players Head office and Products Offered Table 15. Traction Battery Concentration Ratio (CR3, CR5 and CR10) & (2022-2024) Table 16. New Products and Potential Entrants Table 17. Mergers & Acquisitions, Expansion Table 18. Global Traction Battery Market Size by Regions 2019-2024 & ($ Millions) Table 19. Global Traction Battery Market Size Market Share by Regions (2019-2024) Table 20. Global Traction Battery Revenue by Country/Region (2019-2024) & ($ millions) Table 21. Global Traction Battery Revenue Market Share by Country/Region (2019-2024) Table 22. Americas Traction Battery Market Size by Country (2019-2024) & ($ Millions) Table 23. Americas Traction Battery Market Size Market Share by Country (2019-2024) Table 24. Americas Traction Battery Market Size by Type (2019-2024) & ($ Millions) Table 25. Americas Traction Battery Market Size Market Share by Type (2019-2024) Table 26. Americas Traction Battery Market Size by Application (2019-2024) & ($ Millions) Table 27. Americas Traction Battery Market Size Market Share by Application (2019-2024) Table 28. APAC Traction Battery Market Size by Region (2019-2024) & ($ Millions) Table 29. APAC Traction Battery Market Size Market Share by Region (2019-2024) Table 30. APAC Traction Battery Market Size by Type (2019-2024) & ($ Millions) Table 31. APAC Traction Battery Market Size Market Share by Type (2019-2024) Table 32. APAC Traction Battery Market Size by Application (2019-2024) & ($ Millions) Table 33. APAC Traction Battery Market Size Market Share by Application (2019-2024) Table 34. Europe Traction Battery Market Size by Country (2019-2024) & ($ Millions) Table 35. Europe Traction Battery Market Size Market Share by Country (2019-2024) Table 36. Europe Traction Battery Market Size by Type (2019-2024) & ($ Millions) Table 37. Europe Traction Battery Market Size Market Share by Type (2019-2024) Table 38. Europe Traction Battery Market Size by Application (2019-2024) & ($ Millions) Table 39. Europe Traction Battery Market Size Market Share by Application (2019-2024) Table 40. Middle East & Africa Traction Battery Market Size by Region (2019-2024) & ($ Millions) Table 41. Middle East & Africa Traction Battery Market Size Market Share by Region (2019-2024) Table 42. Middle East & Africa Traction Battery Market Size by Type (2019-2024) & ($ Millions) Table 43. Middle East & Africa Traction Battery Market Size Market Share by Type (2019-2024) Table 44. Middle East & Africa Traction Battery Market Size by Application (2019-2024) & ($ Millions) Table 45. Middle East & Africa Traction Battery Market Size Market Share by Application (2019-2024) Table 46. Key Market Drivers & Growth Opportunities of Traction Battery Table 47. Key Market Challenges & Risks of Traction Battery Table 48. Key Industry Trends of Traction Battery Table 49. Global Traction Battery Market Size Forecast by Regions (2025-2030) & ($ Millions) Table 50. Global Traction Battery Market Size Market Share Forecast by Regions (2025-2030) Table 51. Global Traction Battery Market Size Forecast by Type (2025-2030) & ($ Millions) Table 52. Global Traction Battery Market Size Forecast by Application (2025-2030) & ($ Millions) Table 53. Panasonic Details, Company Type, Traction Battery Area Served and Its Competitors Table 54. Panasonic Traction Battery Product Offered Table 55. Panasonic Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 56. Panasonic Main Business Table 57. Panasonic Latest Developments Table 58. Contemporary Amperex Technology Limited (CATL) Details, Company Type, Traction Battery Area Served and Its Competitors Table 59. Contemporary Amperex Technology Limited (CATL) Traction Battery Product Offered Table 60. Contemporary Amperex Technology Limited (CATL) Main Business Table 61. Contemporary Amperex Technology Limited (CATL) Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 62. Contemporary Amperex Technology Limited (CATL) Latest Developments Table 63. LG Chem Details, Company Type, Traction Battery Area Served and Its Competitors Table 64. LG Chem Traction Battery Product Offered Table 65. LG Chem Main Business Table 66. LG Chem Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 67. LG Chem Latest Developments Table 68. BYD Details, Company Type, Traction Battery Area Served and Its Competitors Table 69. BYD Traction Battery Product Offered Table 70. BYD Main Business Table 71. BYD Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 72. BYD Latest Developments Table 73. GS Yuasa Details, Company Type, Traction Battery Area Served and Its Competitors Table 74. GS Yuasa Traction Battery Product Offered Table 75. GS Yuasa Main Business Table 76. GS Yuasa Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 77. GS Yuasa Latest Developments Table 78. Gotion, Inc. Details, Company Type, Traction Battery Area Served and Its Competitors Table 79. Gotion, Inc. Traction Battery Product Offered Table 80. Gotion, Inc. Main Business Table 81. Gotion, Inc. Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 82. Gotion, Inc. Latest Developments Table 83. CSICP Details, Company Type, Traction Battery Area Served and Its Competitors Table 84. CSICP Traction Battery Product Offered Table 85. CSICP Main Business Table 86. CSICP Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 87. CSICP Latest Developments Table 88. Lishen Details, Company Type, Traction Battery Area Served and Its Competitors Table 89. Lishen Traction Battery Product Offered Table 90. Lishen Main Business Table 91. Lishen Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 92. Lishen Latest Developments Table 93. East Penn Manufacturing Details, Company Type, Traction Battery Area Served and Its Competitors Table 94. East Penn Manufacturing Traction Battery Product Offered Table 95. East Penn Manufacturing Main Business Table 96. East Penn Manufacturing Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 97. East Penn Manufacturing Latest Developments Table 98. Clarios Details, Company Type, Traction Battery Area Served and Its Competitors Table 99. Clarios Traction Battery Product Offered Table 100. Clarios Main Business Table 101. Clarios Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 102. Clarios Latest Developments Table 103. Enersys Details, Company Type, Traction Battery Area Served and Its Competitors Table 104. Enersys Traction Battery Product Offered Table 105. Enersys Traction Battery Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 106. Enersys Main Business Table 107. Enersys Latest Developments
Figure 1. Traction Battery Report Years Considered Figure 2. Research Objectives Figure 3. Research Methodology Figure 4. Research Process and Data Source Figure 5. Global Traction Battery Market Size Growth Rate 2019-2030 ($ Millions) Figure 6. Traction Battery Sales by Geographic Region (2019, 2023 & 2030) & ($ millions) Figure 7. Traction Battery Sales Market Share by Country/Region (2023) Figure 8. Traction Battery Sales Market Share by Country/Region (2019, 2023 & 2030) Figure 9. Global Traction Battery Market Size Market Share by Type in 2023 Figure 10. Traction Battery in Industrial Vehicles Figure 11. Global Traction Battery Market: Industrial Vehicles (2019-2024) & ($ Millions) Figure 12. Traction Battery in Recreational Vehicles Figure 13. Global Traction Battery Market: Recreational Vehicles (2019-2024) & ($ Millions) Figure 14. Global Traction Battery Market Size Market Share by Application in 2023 Figure 15. Global Traction Battery Revenue Market Share by Player in 2023 Figure 16. Global Traction Battery Market Size Market Share by Regions (2019-2024) Figure 17. Americas Traction Battery Market Size 2019-2024 ($ Millions) Figure 18. APAC Traction Battery Market Size 2019-2024 ($ Millions) Figure 19. Europe Traction Battery Market Size 2019-2024 ($ Millions) Figure 20. Middle East & Africa Traction Battery Market Size 2019-2024 ($ Millions) Figure 21. Americas Traction Battery Value Market Share by Country in 2023 Figure 22. United States Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 23. Canada Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 24. Mexico Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 25. Brazil Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 26. APAC Traction Battery Market Size Market Share by Region in 2023 Figure 27. APAC Traction Battery Market Size Market Share by Type in 2023 Figure 28. APAC Traction Battery Market Size Market Share by Application in 2023 Figure 29. China Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 30. Japan Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 31. Korea Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 32. Southeast Asia Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 33. India Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 34. Australia Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 35. Europe Traction Battery Market Size Market Share by Country in 2023 Figure 36. Europe Traction Battery Market Size Market Share by Type (2019-2024) Figure 37. Europe Traction Battery Market Size Market Share by Application (2019-2024) Figure 38. Germany Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 39. France Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 40. UK Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 41. Italy Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 42. Russia Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 43. Middle East & Africa Traction Battery Market Size Market Share by Region (2019-2024) Figure 44. Middle East & Africa Traction Battery Market Size Market Share by Type (2019-2024) Figure 45. Middle East & Africa Traction Battery Market Size Market Share by Application (2019-2024) Figure 46. Egypt Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 47. South Africa Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 48. Israel Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 49. Turkey Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 50. GCC Country Traction Battery Market Size Growth 2019-2024 ($ Millions) Figure 51. Americas Traction Battery Market Size 2025-2030 ($ Millions) Figure 52. APAC Traction Battery Market Size 2025-2030 ($ Millions) Figure 53. Europe Traction Battery Market Size 2025-2030 ($ Millions) Figure 54. Middle East & Africa Traction Battery Market Size 2025-2030 ($ Millions) Figure 55. United States Traction Battery Market Size 2025-2030 ($ Millions) Figure 56. Canada Traction Battery Market Size 2025-2030 ($ Millions) Figure 57. Mexico Traction Battery Market Size 2025-2030 ($ Millions) Figure 58. Brazil Traction Battery Market Size 2025-2030 ($ Millions) Figure 59. China Traction Battery Market Size 2025-2030 ($ Millions) Figure 60. Japan Traction Battery Market Size 2025-2030 ($ Millions) Figure 61. Korea Traction Battery Market Size 2025-2030 ($ Millions) Figure 62. Southeast Asia Traction Battery Market Size 2025-2030 ($ Millions) Figure 63. India Traction Battery Market Size 2025-2030 ($ Millions) Figure 64. Australia Traction Battery Market Size 2025-2030 ($ Millions) Figure 65. Germany Traction Battery Market Size 2025-2030 ($ Millions) Figure 66. France Traction Battery Market Size 2025-2030 ($ Millions) Figure 67. UK Traction Battery Market Size 2025-2030 ($ Millions) Figure 68. Italy Traction Battery Market Size 2025-2030 ($ Millions) Figure 69. Russia Traction Battery Market Size 2025-2030 ($ Millions) Figure 70. Spain Traction Battery Market Size 2025-2030 ($ Millions) Figure 71. Egypt Traction Battery Market Size 2025-2030 ($ Millions) Figure 72. South Africa Traction Battery Market Size 2025-2030 ($ Millions) Figure 73. Israel Traction Battery Market Size 2025-2030 ($ Millions) Figure 74. Turkey Traction Battery Market Size 2025-2030 ($ Millions) Figure 75. GCC Countries Traction Battery Market Size 2025-2030 ($ Millions) Figure 76. Global Traction Battery Market Size Market Share Forecast by Type (2025-2030) Figure 77. Global Traction Battery Market Size Market Share Forecast by Application (2025-2030)
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