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Traction Batteries Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-02-04   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8296 |  Industry: Miscellaneous  |   Format : pdf word ppt excel



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Growing need to lower carbon emissions has led to the development of energy-efficient and environment friendly vehicles. This is eventually increasing the need for efficient batteries, Traction Batteries being one of them. Traction Batteries are high-performance batteries, having the ability to operate in harsh environments and withstand temperature ranges, including shock and vibration.
Increase in the Electric Vehicle Production to Act as a Key Booster in Market

Surge in the electric or hybrid vehicle production is one of the significant reasons behind the robust demand for Traction Batteries. Reduction in the Li-on battery prices could be a prime factor supporting the growth of the Traction Batteries market. Furthermore, growing application of traction batteries in varied vehicles is a key factor driving the market. Growing need for high-performance batteries among heavy industrial electrical applications is positively impacting the growth of the Traction Batteries market.

Traction Batteries Market

Manufacturers to Focus on Innovative Marketing Strategies in Future

Complete profiling of the major manufacturers of Traction Batteries including TOSHIBA CORPORATION, BYD, Panasonic, Tianjin Lishen Battery, Primearth EV Energy, SAMSUNG SDI, Epower, SK Innovation, Automotive Energy Supply Corporation, Beijing Pride Power, Mitsubishi, Amperex Technology, LG Chem, Hitachi Vehicle Energy, AESC, Air Litium (Lyoyang), Wanxiang, CATL, and Shuangdeng Group Co, Ltd. is mapped in the report.

Manufacturers are focusing on innovative marketing strategies to gain traction in the Traction Batteries market. Launch of new products is also one of the key strategies adopted by the key players. Moreover, they are taking up extensive research and development activities in order to improve the performance of the battery and meet the requirements of the vehicles.

Market Segmentation

By Product Type

  Nickel Metal Hybrid

Nickel Metal Hydride

 Lead-Acid

 NiCad

 Lithium ion

 Zebra

 Others

By Application

 Light Industrial Vehicle

 Pure Electric Car

  Heavy Industrial

 Hybrid Car

 Golf Car

 Two Wheeler

 Mobility for the disabled

Although lead acid batteries are commonly used for large power applications, the analysts expect that the demand for nickel metal hybrid battery may witness a surge owing to its advantages over other battery types including higher storage capacity, less toxicity, and lower cost. Traction Batteries are gaining widespread application in heavy industrial electrical vehicles such as electric tractors and electric forklift trucks.

By Region

world_regions

Even though increasing demand for electric vehicles in the US makes North America a key region in the Traction Batteries market, APAC will emerge as a promising region in the years to come. This is account of growing automobile sector in the region, which is eventually increasing the application of traction batteries. Europe is also not lying behind due to strict regulations on the reduction of the carbon emissions, thereby encouraging the development of energy-efficient vehicles.

Agriculture


Agriculture is expected to be an important sector of the global business in the coming years. At QYR Consulting we make sincere efforts to help you improve your performance and transform your business by seizing the opportunities. Our research reports include an assessment of the shifting agricultural trends, evolving energy needs, and introduction of disruptive technologies. We offer market outlooks after through research, which is conducted using primary and secondary research methodologies.

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Energy and Power


Energy and power systems across the globe have undergone massive changes in recent years. The surging demand for power consumption has drastically impacted generation and distribution of energy through the years. The changing landscape, with innovation in automotive, housing, and industrial sectors, has pushed energy and power companies to not just boost production but also look for alternatives for sustainability. The sector is challenged by issues of soaring demand and rising CO2 emissions.

The research reports shed light on the energy and power needs of the future. They predict the rise and fall from conventional energy consumption to renewable power production. Analysts have discussed the benefits and hurdles that energy mixes are expected to bring. Wind, solar, and other renewable and less harmful energy sources have been extensively researched and written about in these research reports.


Service and Software


The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry as devised applications that were unheard of. We understand your changing needs that demand unique vision and strategy.


The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry to devise applications that were unheard of. We understand your changing needs that demand unique vision and strategy.

The research reports have been collated by an expert team of analysts who aim to be your guiding hand through the coming years. The thoughtful evaluation of the service and software industry attempts to provide a detailed picture of the changing competitive landscape. Analysts have discussed products and evaluated the way they must progress to stay ahead of the game.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Traction Batteries Market Report