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Europe Industrial Traction Battery Market Share

  • Report ID: GMI9093
  • Published Date: Apr 2024
  • Report Format: PDF

Europe Industrial Traction Battery Company Market Share

Major companies including Volkswagen, Northvolt, and other key automotive manufacturers are driving growth through investments in battery technologies and electric vehicle development. While specific market share data is not readily available, these companies are making significant strides in advancing the market.
 

Europe Industrial Traction Battery Market Companies

Some of the key market players operating across the Europe industrial traction battery industry are:

  • Amara Raja Batteries Ltd.
  • Ecovolta
  • ENERSYS
  • Exide Industries Ltd.
  • GS Yuasa Corporation
  • Hitachi Energy Ltd.
  • HOPPECKE Batteries GmbH & Co. KG
  • Johnson Controls International plc
  • LG Energy Solutions
  • MIDAC S.p.A.
  • Mutlu Corporation
  • Northvolt
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Samsung SDI Co., Ltd
  • Toshiba Corporation
  • Volkswagen AG
  • XALT Energy
Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

Europe industrial traction battery market size was USD 378.9 million in 2023 and is expected to register 14.4% CAGR from 2024-2032 owing to increasing demand for electric vehicles (EVs) and the need for more sustainable energy solutions in the region.

Europe industrial traction battery industry from the lithium-ion batteries segment is expected to exceed USD 850 million by 2032 due to their high energy density, extended cycle life, and enhanced safety features.

Germany industrial traction battery industry is expected to cross USD 270 million by 2032 due to a strong emphasis on innovation and sustainability, driving demand for advanced battery technologies in the country.

Exide Industries Ltd., LG Energy Solutions, MIDAC S.p.A., Mutlu Corporation, Northvolt, Panasonic Corporation, Robert Bosch GmbH, Samsung SDI Co., Ltd, Toshiba Corporation, Volkswagen AG, and XALT Energy, are some of the major industrial traction battery companies in Europe.

Europe Industrial Traction Battery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 140
  • Countries covered: 5
  • Pages: 150
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