DUBLIN--(BUSINESS WIRE)--The "Global Traction Batteries Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The traction batteries market will register a CAGR of almost 14% by 2022.
The growing need for environment friendly vehicles to gain traction in the market
EVs, golf carts, and lift trucks that run on Li-ion batteries have been gaining high traction in recent years because of the growing need for environmental-friendly vehicles. These vehicles require a sizeable battery pack to store energy.
Declining li-ion battery prices
In the case of EVs, the manufacturing cost of EVs is almost double compared with conventional vehicles, of which a major portion of the costs incurred is associated with batteries and electronics. The cost of battery packs has declined in the past few years as the scale of production has increased significantly.
Competition from fuel cells in material handling equipment
The forklift and other equipment batteries face several challenges such as special electrical maintenance and infrastructure requirements and frequent charging and cooling intervals. Fuel cells are a comparatively new technology that is gaining traction which is indirectly affecting the market for traction batteries market.
Key Players
- Contemporary Amperex Technology
- Enersys
- Exide Technologies
- GS Yuasa International
- Panasonic
- Samsung SDI
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Transport - Market size and forecast 2017-2022
- Lift trucks - Market size and forecast 2017-2022
- Others - Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Growing need for environment-friendly vehicles
- Legislative support for battery recycling
- Increasing adoption of AGVs
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Contemporary Amperex Technology
- Enersys
- Exide Technologies
- GS Yuasa International
- Panasonic
- Samsung SDI
For more information about this report visit https://www.researchandmarkets.com/research/n9qh7x/the_global?w=4