Traction Battery Market is projected to grow USD 2.6 Bn in 2028, at a CAGR of 13.6%
The traction battery market was valued at USD 1.5 Bn in 2021. The market is projected to grow USD 2.6 Bn in 2028, at a CAGR of 13.6%. A traction battery is a type of electric car battery with a large ampere-hour capacity. Forklift trucks, locomotives, and mechanical handling equipment are all examples of Applications for lead acid traction batteries. Traction Battery Market which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production) and Consumption Analysis. Understand the influence of COVID-19 on the global Market with our analysts monitoring the situation across the globe. The market research report on the global industry provides a comprehensive study of the various techniques and materials used in the production of market products. Starting from industry chain analysis to cost structure analysis, the report analyzes multiple aspects, including the production and end-use segments of the Traction Battery market. The latest trends in the wo