트랙션 배터리 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 제품 유형별, 용량별, 용도별, 지역별＆경쟁(2021-2031년)

The Global Traction Battery Market is projected to expand from USD 41.70 Billion in 2025 to USD 98.96 Billion by 2031, achieving a CAGR of 15.49%. These high-capacity rechargeable energy storage systems are essential for powering the electric motors found in electric vehicles and industrial machinery. The market's growth is primarily driven by strict government emissions standards and significant financial incentives designed to encourage e-mobility, forcing automotive manufacturers to shift towards electrified powertrains. Such regulatory pressures ensure a continuous demand for energy storage solutions as nations work towards decarbonization goals. For example, the China Automotive Power Battery Industry Innovation Alliance reported that cumulative power battery installations in China reached 548.4 GWh in 2024, marking a 41.5% increase compared to the previous year.

However, despite this strong growth trajectory, the sector faces major hurdles due to the scarcity and volatility of critical raw materials needed for cell production. Supply chains for essential minerals like lithium, cobalt, and nickel are often concentrated in specific geopolitical areas, leading to bottlenecks that disrupt manufacturing timelines and drive up costs. This imbalance between supply and demand threatens market expansion, as manufacturers struggle to obtain consistent and affordable materials to satisfy the rapidly increasing global need for vehicle electrification.

Market Driver

The swift growth of the electric vehicle (EV) market acts as the main engine driving the global traction battery sector. As consumer preferences shift towards cleaner transportation, automakers are under pressure to ramp up production to meet the surging demand for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). This trend directly requires larger volumes of high-capacity energy storage units to support new vehicle designs. Highlighting this momentum, the International Energy Agency's 'Global EV Outlook 2024' noted that nearly 14 million new electric cars were registered worldwide in 2023, a 35% increase year-on-year.

Concurrently, a wave of strategic investments by automotive Original Equipment Manufacturers (OEMs) is transforming the manufacturing landscape. Legacy automakers are actively forming joint ventures and vertically integrating battery production to secure supply lines and reduce dependence on external vendors. This capital injection is vital for building a resilient supply chain capable of supporting long-term electrification targets. For instance, Honda Motor Co., Ltd. announced in April 2024 a plan to invest approximately CAD 15 billion to establish a comprehensive EV value chain in Canada. This private sector effort is bolstered by public funding, such as the over $3 billion announced by the U.S. Department of Energy in 2024 to support domestic production of advanced batteries and materials.

Market Challenge

The instability and shortage of critical raw materials present a significant barrier to the Global Traction Battery Market's expansion. As the demand for electric vehicles accelerates, the upstream supply chain often fails to provide adequate quantities of lithium, cobalt, and nickel, resulting in a severe supply-demand gap. This scarcity inflates material costs, forcing manufacturers to either accept reduced margins or pass the costs to consumers, which hinders the ability to achieve price parity with internal combustion engines. Additionally, the concentration of processing capabilities in specific regions creates a fragile global supply chain that is susceptible to localized geopolitical disruptions.

Reliance on these concentrated supply sources leaves the market highly vulnerable and complicates diversification efforts. Data from the Alliance for Automotive Innovation in 2024 indicates that China controls roughly 85 percent of global lithium-ion battery cell production and 65 percent of lithium refining. This heavy centralization means that manufacturers outside this region face persistent risks regarding supply security and price fluctuation. Consequently, automotive companies may be compelled to delay their electrification schedules, directly slowing the sustained growth of the traction battery industry.

Market Trends

A significant shift toward Lithium Iron Phosphate (LFP) chemistries is redefining the market as manufacturers prioritize cost-effectiveness and thermal stability over maximum energy density for standard-range vehicles. This trend is driven by the urgent need to reduce reliance on volatile cobalt and nickel supply chains, establishing LFP as the preferred option for entry-level and mid-market electric vehicles. Due to its resistance to thermal runaway and superior cycle life, LFP adoption has expanded beyond commercial fleets into mainstream passenger vehicles. According to the China Automotive Power Battery Industry Innovation Alliance, cumulative LFP battery installations in China hit 409.0 GWh for the full year of 2024, representing 74.6% of the total installed capacity.

At the same time, Solid-State Battery technology is moving from laboratory research to concrete pre-production plans, addressing the industry's need for higher energy densities and enhanced safety. These next-generation cells replace liquid electrolytes with solid components, eliminating flammability risks while enabling faster charging and longer driving ranges. Leading developers are now setting specific timelines for commercialization, initially targeting premium automotive segments to offset higher production costs. For example, Samsung SDI unveiled its roadmap in March 2024 to begin mass production of all-solid-state batteries by 2027, aiming for an industry-leading energy density of 900 watt-hours per liter.

Key Market Players

• Contemporary Amperex Technology Co., Ltd.
• LG Energy Solution
• Panasonic Corporation
• BYD Co., Ltd.
• Samsung SDI Co., Ltd.
• SK Innovation Co., Ltd.
• Guoxuan High-Tech Power Energy Co., Ltd.
• Sunwoda Electronic Co., Ltd.
• Automotive Energy Supply Corporation
• Primearth EV Energy

Report Scope

In this report, the Global Traction Battery Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Traction Battery Market, By Product Type

• Lead Acid Based
• Nickel Based
• Lithium-Ion Based
• Others

Traction Battery Market, By Capacity

• Less than 100 Ah
• 100-200 Ah
• 200-300 Ah
• 300-400 Ah
• 400 Ah & Above

Traction Battery Market, By Application

• Electric Vehicle (EV)
• Industrial
• Locomotives
• Others

Traction Battery Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Traction Battery Market.

Available Customizations:

Global Traction Battery Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Traction Battery Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product Type (Lead Acid Based, Nickel Based, Lithium-Ion Based, Others)
  • 5.2.2. By Capacity (Less than 100 Ah, 100-200 Ah, 200-300 Ah, 300-400 Ah, 400 Ah & Above)
  • 5.2.3. By Application (Electric Vehicle (EV), Industrial, Locomotives, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Traction Battery Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product Type
  • 6.2.2. By Capacity
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Traction Battery Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product Type
      • 6.3.1.2.2. By Capacity
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Traction Battery Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product Type
      • 6.3.2.2.2. By Capacity
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Traction Battery Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product Type
      • 6.3.3.2.2. By Capacity
      • 6.3.3.2.3. By Application

7. Europe Traction Battery Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product Type
  • 7.2.2. By Capacity
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Traction Battery Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product Type
      • 7.3.1.2.2. By Capacity
      • 7.3.1.2.3. By Application
  • 7.3.2. France Traction Battery Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product Type
      • 7.3.2.2.2. By Capacity
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Traction Battery Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product Type
      • 7.3.3.2.2. By Capacity
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Traction Battery Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product Type
      • 7.3.4.2.2. By Capacity
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Traction Battery Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product Type
      • 7.3.5.2.2. By Capacity
      • 7.3.5.2.3. By Application

8. Asia Pacific Traction Battery Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product Type
  • 8.2.2. By Capacity
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Traction Battery Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product Type
      • 8.3.1.2.2. By Capacity
      • 8.3.1.2.3. By Application
  • 8.3.2. India Traction Battery Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product Type
      • 8.3.2.2.2. By Capacity
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Traction Battery Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product Type
      • 8.3.3.2.2. By Capacity
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Traction Battery Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product Type
      • 8.3.4.2.2. By Capacity
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Traction Battery Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product Type
      • 8.3.5.2.2. By Capacity
      • 8.3.5.2.3. By Application

9. Middle East & Africa Traction Battery Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product Type
  • 9.2.2. By Capacity
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Traction Battery Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product Type
      • 9.3.1.2.2. By Capacity
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Traction Battery Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product Type
      • 9.3.2.2.2. By Capacity
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Traction Battery Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product Type
      • 9.3.3.2.2. By Capacity
      • 9.3.3.2.3. By Application

10. South America Traction Battery Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product Type
  • 10.2.2. By Capacity
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Traction Battery Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product Type
      • 10.3.1.2.2. By Capacity
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Traction Battery Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product Type
      • 10.3.2.2.2. By Capacity
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Traction Battery Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product Type
      • 10.3.3.2.2. By Capacity
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Traction Battery Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Contemporary Amperex Technology Co., Ltd.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. LG Energy Solution
• 15.3. Panasonic Corporation
• 15.4. BYD Co., Ltd.
• 15.5. Samsung SDI Co., Ltd.
• 15.6. SK Innovation Co., Ltd.
• 15.7. Guoxuan High-Tech Power Energy Co., Ltd.
• 15.8. Sunwoda Electronic Co., Ltd.
• 15.9. Automotive Energy Supply Corporation
• 15.10. Primearth EV Energy

16. Strategic Recommendations

17. About Us & Disclaimer