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Global EV-traction Batteries Market Research Report 2024
Synopsis
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles. The main focus of the traction battery design is the need for high capacity weight and volume ratios as the vehicle must also carry its power source.
The global EV-traction Batteries market was valued at US$ 42870 million in 2023 and is anticipated to reach US$ 52920 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for EV-traction Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV-traction Batteries.
Report Scope
The EV-traction Batteries market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EV-traction Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the EV-traction Batteries manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Panasonic
CATL
LG Chem
BYD
GS Yuasa
Gotion
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Segment by Type
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Segment by Application
Industrial Vehicles
Recreational Vehicles
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Detailed analysis of EV-traction Batteries manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of EV-traction Batteries by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of EV-traction Batteries in regional level and country 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Traction batteries, also known as electric vehicle batteries (EVB), are used to power electric or hybrid vehicles. The main focus of the traction battery design is the need for high capacity weight and volume ratios as the vehicle must also carry its power source.
The global EV-traction Batteries market was valued at US$ 42870 million in 2023 and is anticipated to reach US$ 52920 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for EV-traction Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV-traction Batteries.
Report Scope
The EV-traction Batteries market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EV-traction Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the EV-traction Batteries manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Panasonic
CATL
LG Chem
BYD
GS Yuasa
Gotion
CSICP
Lishen
East Penn Manufacturing
Clarios
Enersys
Segment by Type
Open Lead Acid Battery
Pure Lead Battery
Gel Battery
Lithium-Ion Battery
Segment by Application
Industrial Vehicles
Recreational Vehicles
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Detailed analysis of EV-traction Batteries manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of EV-traction Batteries by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of EV-traction Batteries in regional level and country 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 EV-traction Batteries Market Overview
1.1 Product Definition
1.2 EV-traction Batteries Segment by Type
1.2.1 Global EV-traction Batteries Market Value Growth Rate Analysis by Type 2023 VS 2030
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 EV-traction Batteries Segment by Application
1.3.1 Global EV-traction Batteries Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial Vehicles
1.3.3 Recreational Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global EV-traction Batteries Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global EV-traction Batteries Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global EV-traction Batteries Production Estimates and Forecasts (2019-2030)
1.4.4 Global EV-traction Batteries Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global EV-traction Batteries Production Market Share by Manufacturers (2019-2024)
2.2 Global EV-traction Batteries Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of EV-traction Batteries, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global EV-traction Batteries Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global EV-traction Batteries Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of EV-traction Batteries, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of EV-traction Batteries, Product Offered and Application
2.8 Global Key Manufacturers of EV-traction Batteries, Date of Enter into This Industry
2.9 EV-traction Batteries Market Competitive Situation and Trends
2.9.1 EV-traction Batteries Market Concentration Rate
2.9.2 Global 5 and 10 Largest EV-traction Batteries Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 EV-traction Batteries Production by Region
3.1 Global EV-traction Batteries Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global EV-traction Batteries Production Value by Region (2019-2030)
3.2.1 Global EV-traction Batteries Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of EV-traction Batteries by Region (2025-2030)
3.3 Global EV-traction Batteries Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global EV-traction Batteries Production by Region (2019-2030)
3.4.1 Global EV-traction Batteries Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of EV-traction Batteries by Region (2025-2030)
3.5 Global EV-traction Batteries Market Price Analysis by Region (2019-2024)
3.6 Global EV-traction Batteries Production and Value, Year-over-Year Growth
3.6.1 North America EV-traction Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe EV-traction Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.3 China EV-traction Batteries Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan EV-traction Batteries Production Value Estimates and Forecasts (2019-2030)
4 EV-traction Batteries Consumption by Region
4.1 Global EV-traction Batteries Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global EV-traction Batteries Consumption by Region (2019-2030)
4.2.1 Global EV-traction Batteries Consumption by Region (2019-2024)
4.2.2 Global EV-traction Batteries Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America EV-traction Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America EV-traction Batteries Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe EV-traction Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe EV-traction Batteries Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific EV-traction Batteries Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific EV-traction Batteries Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa EV-traction Batteries Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa EV-traction Batteries Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global EV-traction Batteries Production by Type (2019-2030)
5.1.1 Global EV-traction Batteries Production by Type (2019-2024)
5.1.2 Global EV-traction Batteries Production by Type (2025-2030)
5.1.3 Global EV-traction Batteries Production Market Share by Type (2019-2030)
5.2 Global EV-traction Batteries Production Value by Type (2019-2030)
5.2.1 Global EV-traction Batteries Production Value by Type (2019-2024)
5.2.2 Global EV-traction Batteries Production Value by Type (2025-2030)
5.2.3 Global EV-traction Batteries Production Value Market Share by Type (2019-2030)
5.3 Global EV-traction Batteries Price by Type (2019-2030)
6 Segment by Application
6.1 Global EV-traction Batteries Production by Application (2019-2030)
6.1.1 Global EV-traction Batteries Production by Application (2019-2024)
6.1.2 Global EV-traction Batteries Production by Application (2025-2030)
6.1.3 Global EV-traction Batteries Production Market Share by Application (2019-2030)
6.2 Global EV-traction Batteries Production Value by Application (2019-2030)
6.2.1 Global EV-traction Batteries Production Value by Application (2019-2024)
6.2.2 Global EV-traction Batteries Production Value by Application (2025-2030)
6.2.3 Global EV-traction Batteries Production Value Market Share by Application (2019-2030)
6.3 Global EV-traction Batteries Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Panasonic
7.1.1 Panasonic EV-traction Batteries Corporation Information
7.1.2 Panasonic EV-traction Batteries Product Portfolio
7.1.3 Panasonic EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Panasonic Main Business and Markets Served
7.1.5 Panasonic Recent Developments/Updates
7.2 CATL
7.2.1 CATL EV-traction Batteries Corporation Information
7.2.2 CATL EV-traction Batteries Product Portfolio
7.2.3 CATL EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.2.4 CATL Main Business and Markets Served
7.2.5 CATL Recent Developments/Updates
7.3 LG Chem
7.3.1 LG Chem EV-traction Batteries Corporation Information
7.3.2 LG Chem EV-traction Batteries Product Portfolio
7.3.3 LG Chem EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.3.4 LG Chem Main Business and Markets Served
7.3.5 LG Chem Recent Developments/Updates
7.4 BYD
7.4.1 BYD EV-traction Batteries Corporation Information
7.4.2 BYD EV-traction Batteries Product Portfolio
7.4.3 BYD EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.4.4 BYD Main Business and Markets Served
7.4.5 BYD Recent Developments/Updates
7.5 GS Yuasa
7.5.1 GS Yuasa EV-traction Batteries Corporation Information
7.5.2 GS Yuasa EV-traction Batteries Product Portfolio
7.5.3 GS Yuasa EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GS Yuasa Main Business and Markets Served
7.5.5 GS Yuasa Recent Developments/Updates
7.6 Gotion
7.6.1 Gotion EV-traction Batteries Corporation Information
7.6.2 Gotion EV-traction Batteries Product Portfolio
7.6.3 Gotion EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Gotion Main Business and Markets Served
7.6.5 Gotion Recent Developments/Updates
7.7 CSICP
7.7.1 CSICP EV-traction Batteries Corporation Information
7.7.2 CSICP EV-traction Batteries Product Portfolio
7.7.3 CSICP EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.7.4 CSICP Main Business and Markets Served
7.7.5 CSICP Recent Developments/Updates
7.8 Lishen
7.8.1 Lishen EV-traction Batteries Corporation Information
7.8.2 Lishen EV-traction Batteries Product Portfolio
7.8.3 Lishen EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Lishen Main Business and Markets Served
7.7.5 Lishen Recent Developments/Updates
7.9 East Penn Manufacturing
7.9.1 East Penn Manufacturing EV-traction Batteries Corporation Information
7.9.2 East Penn Manufacturing EV-traction Batteries Product Portfolio
7.9.3 East Penn Manufacturing EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.9.4 East Penn Manufacturing Main Business and Markets Served
7.9.5 East Penn Manufacturing Recent Developments/Updates
7.10 Clarios
7.10.1 Clarios EV-traction Batteries Corporation Information
7.10.2 Clarios EV-traction Batteries Product Portfolio
7.10.3 Clarios EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Clarios Main Business and Markets Served
7.10.5 Clarios Recent Developments/Updates
7.11 Enersys
7.11.1 Enersys EV-traction Batteries Corporation Information
7.11.2 Enersys EV-traction Batteries Product Portfolio
7.11.3 Enersys EV-traction Batteries Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Enersys Main Business and Markets Served
7.11.5 Enersys Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 EV-traction Batteries Industry Chain Analysis
8.2 EV-traction Batteries Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 EV-traction Batteries Production Mode & Process
8.4 EV-traction Batteries Sales and Marketing
8.4.1 EV-traction Batteries Sales Channels
8.4.2 EV-traction Batteries Distributors
8.5 EV-traction Batteries Customers
9 EV-traction Batteries Market Dynamics
9.1 EV-traction Batteries Industry Trends
9.2 EV-traction Batteries Market Drivers
9.3 EV-traction Batteries Market Challenges
9.4 EV-traction Batteries Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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