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Automotive Traction Battery-Global Market Insights and Sales Trends 2024
Synopsis
Automotive Traction Battery uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion.
The global Automotive Traction Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Traction Battery in various end use industries. The expanding demands from the BEV and PHEV, are propelling Automotive Traction Battery market. Lead-acid Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium Battery segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Traction Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Traction Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Traction Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Traction Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Traction Battery covered in this report include Panasonic, LG Chem, BYD, Samsung SDI, Johnson Controls, GS Yuasa, Hitachi Group, Automotive Energy Supply and Blue Energy, etc.
The global Automotive Traction Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Panasonic
LG Chem
BYD
Samsung SDI
Johnson Controls
GS Yuasa
Hitachi Group
Automotive Energy Supply
Blue Energy
Lithium Energy Japan
Bosch
Wanxiang
Beijing Pride Power
Global Automotive Traction Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Traction Battery market, Segment by Type:
Lead-acid Battery
Lithium Battery
Others
Global Automotive Traction Battery market, by Application
BEV
PHEV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Traction Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Traction Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive Traction Battery uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion.
The global Automotive Traction Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Traction Battery in various end use industries. The expanding demands from the BEV and PHEV, are propelling Automotive Traction Battery market. Lead-acid Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium Battery segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Traction Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Traction Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Traction Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Traction Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Traction Battery covered in this report include Panasonic, LG Chem, BYD, Samsung SDI, Johnson Controls, GS Yuasa, Hitachi Group, Automotive Energy Supply and Blue Energy, etc.
The global Automotive Traction Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Panasonic
LG Chem
BYD
Samsung SDI
Johnson Controls
GS Yuasa
Hitachi Group
Automotive Energy Supply
Blue Energy
Lithium Energy Japan
Bosch
Wanxiang
Beijing Pride Power
Global Automotive Traction Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Traction Battery market, Segment by Type:
Lead-acid Battery
Lithium Battery
Others
Global Automotive Traction Battery market, by Application
BEV
PHEV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Traction Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Traction Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Traction Battery Market Overview
1.1 Automotive Traction Battery Product Overview
1.2 Automotive Traction Battery Market Segment by Type
1.2.1 Lead-acid Battery
1.2.2 Lithium Battery
1.2.3 Others
1.3 Global Automotive Traction Battery Market Size by Type
1.3.1 Global Automotive Traction Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Traction Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Traction Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Traction Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Traction Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Traction Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Traction Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Traction Battery Sales Breakdown by Type (2018-2023)
2 Global Automotive Traction Battery Market Competition by Company
2.1 Global Top Players by Automotive Traction Battery Sales (2018-2023)
2.2 Global Top Players by Automotive Traction Battery Revenue (2018-2023)
2.3 Global Top Players by Automotive Traction Battery Price (2018-2023)
2.4 Global Top Manufacturers Automotive Traction Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Traction Battery Market Competitive Situation and Trends
2.5.1 Automotive Traction Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Traction Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Traction Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Traction Battery Market
2.8 Key Manufacturers Automotive Traction Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Traction Battery Status and Outlook by Region
3.1 Global Automotive Traction Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Traction Battery Historic Market Size by Region
3.2.1 Global Automotive Traction Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Traction Battery Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Traction Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Traction Battery Forecasted Market Size by Region
3.3.1 Global Automotive Traction Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Traction Battery Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Traction Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Traction Battery by Application
4.1 Automotive Traction Battery Market Segment by Application
4.1.1 BEV
4.1.2 PHEV
4.2 Global Automotive Traction Battery Market Size by Application
4.2.1 Global Automotive Traction Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Traction Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Traction Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Traction Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Traction Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Traction Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Traction Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Traction Battery Sales Breakdown by Application (2018-2023)
5 North America Automotive Traction Battery by Country
5.1 North America Automotive Traction Battery Historic Market Size by Country
5.1.1 North America Automotive Traction Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Traction Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Traction Battery Sales in Value by Country (2018-2023)
5.2 North America Automotive Traction Battery Forecasted Market Size by Country
5.2.1 North America Automotive Traction Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Traction Battery Sales in Value by Country (2024-2029)
6 Europe Automotive Traction Battery by Country
6.1 Europe Automotive Traction Battery Historic Market Size by Country
6.1.1 Europe Automotive Traction Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Traction Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Traction Battery Sales in Value by Country (2018-2023)
6.2 Europe Automotive Traction Battery Forecasted Market Size by Country
6.2.1 Europe Automotive Traction Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Traction Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Traction Battery by Region
7.1 Asia-Pacific Automotive Traction Battery Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Traction Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Traction Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Traction Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Traction Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Traction Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Traction Battery Sales in Value by Region (2024-2029)
8 Latin America Automotive Traction Battery by Country
8.1 Latin America Automotive Traction Battery Historic Market Size by Country
8.1.1 Latin America Automotive Traction Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Traction Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Traction Battery Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Traction Battery Forecasted Market Size by Country
8.2.1 Latin America Automotive Traction Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Traction Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Traction Battery by Country
9.1 Middle East and Africa Automotive Traction Battery Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Traction Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Traction Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Traction Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Traction Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Traction Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Traction Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Panasonic
10.1.1 Panasonic Company Information
10.1.2 Panasonic Introduction and Business Overview
10.1.3 Panasonic Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Panasonic Automotive Traction Battery Products Offered
10.1.5 Panasonic Recent Development
10.2 LG Chem
10.2.1 LG Chem Company Information
10.2.2 LG Chem Introduction and Business Overview
10.2.3 LG Chem Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 LG Chem Automotive Traction Battery Products Offered
10.2.5 LG Chem Recent Development
10.3 BYD
10.3.1 BYD Company Information
10.3.2 BYD Introduction and Business Overview
10.3.3 BYD Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BYD Automotive Traction Battery Products Offered
10.3.5 BYD Recent Development
10.4 Samsung SDI
10.4.1 Samsung SDI Company Information
10.4.2 Samsung SDI Introduction and Business Overview
10.4.3 Samsung SDI Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Samsung SDI Automotive Traction Battery Products Offered
10.4.5 Samsung SDI Recent Development
10.5 Johnson Controls
10.5.1 Johnson Controls Company Information
10.5.2 Johnson Controls Introduction and Business Overview
10.5.3 Johnson Controls Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnson Controls Automotive Traction Battery Products Offered
10.5.5 Johnson Controls Recent Development
10.6 GS Yuasa
10.6.1 GS Yuasa Company Information
10.6.2 GS Yuasa Introduction and Business Overview
10.6.3 GS Yuasa Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GS Yuasa Automotive Traction Battery Products Offered
10.6.5 GS Yuasa Recent Development
10.7 Hitachi Group
10.7.1 Hitachi Group Company Information
10.7.2 Hitachi Group Introduction and Business Overview
10.7.3 Hitachi Group Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hitachi Group Automotive Traction Battery Products Offered
10.7.5 Hitachi Group Recent Development
10.8 Automotive Energy Supply
10.8.1 Automotive Energy Supply Company Information
10.8.2 Automotive Energy Supply Introduction and Business Overview
10.8.3 Automotive Energy Supply Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Automotive Energy Supply Automotive Traction Battery Products Offered
10.8.5 Automotive Energy Supply Recent Development
10.9 Blue Energy
10.9.1 Blue Energy Company Information
10.9.2 Blue Energy Introduction and Business Overview
10.9.3 Blue Energy Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Blue Energy Automotive Traction Battery Products Offered
10.9.5 Blue Energy Recent Development
10.10 Lithium Energy Japan
10.10.1 Lithium Energy Japan Company Information
10.10.2 Lithium Energy Japan Introduction and Business Overview
10.10.3 Lithium Energy Japan Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lithium Energy Japan Automotive Traction Battery Products Offered
10.10.5 Lithium Energy Japan Recent Development
10.11 Bosch
10.11.1 Bosch Company Information
10.11.2 Bosch Introduction and Business Overview
10.11.3 Bosch Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Bosch Automotive Traction Battery Products Offered
10.11.5 Bosch Recent Development
10.12 Wanxiang
10.12.1 Wanxiang Company Information
10.12.2 Wanxiang Introduction and Business Overview
10.12.3 Wanxiang Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Wanxiang Automotive Traction Battery Products Offered
10.12.5 Wanxiang Recent Development
10.13 Beijing Pride Power
10.13.1 Beijing Pride Power Company Information
10.13.2 Beijing Pride Power Introduction and Business Overview
10.13.3 Beijing Pride Power Automotive Traction Battery Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Beijing Pride Power Automotive Traction Battery Products Offered
10.13.5 Beijing Pride Power Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Traction Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Traction Battery Industrial Chain Analysis
11.4 Automotive Traction Battery Market Dynamics
11.4.1 Automotive Traction Battery Industry Trends
11.4.2 Automotive Traction Battery Market Drivers
11.4.3 Automotive Traction Battery Market Challenges
11.4.4 Automotive Traction Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Traction Battery Distributors
12.3 Automotive Traction Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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