Traction Battery Market: Trends, Forecast, and Competitive Landscape 2025 –2032
Key Drivers Impacting Executive Summary Traction Battery Market Size and Share CAGR Value The global traction battery market was valued at USD 54.89 billion in 2024 and is expected to reach USD 153.31 billion by 2032 During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 13.70% primarily driven by the increasing demand for electric vehicles and renewable energy storage solutions Analysis and discussion of important industry trends, market size, market share estimates are also covered in this global Traction Battery Market report. The usefulness of SWOT analysis and Porter's Five Forces analysis in generating market research report makes it preferable by the businesses and hence also used while preparing this Traction Battery Market report. Traction Battery Market report consists of market analysis by regions, especially North America, China, Europe, Southeast Asia, Japan, and India, focusing to...