Europe Industrial Traction Battery Market Size- By Chemistry, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Europe Industrial Traction Battery Market Introduction and Overview

According to SPER Market Research, 'Europe Industrial Traction Battery Market Size- By Chemistry, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' the Europe Industrial Traction Battery Market is estimated to reach USD 1709.58 million by 2034 with a CAGR of 14.68%.

Industrial traction batteries are powerful rechargeable batteries specifically designed to supply energy to electric industrial vehicles and equipment, including forklifts, pallet jacks, electric stackers, and automated guided vehicles (AGVs). They deliver the necessary motive power to operate heavy machinery across industries such as manufacturing, logistics, warehousing, and construction. Renowned for their durability, ability to handle deep discharges, and extended lifespan, these batteries are crucial in settings that require reliable and consistent performance.

Restraints: The industrial traction battery market encounters several challenges that may slow its growth. The high upfront costs, particularly for advanced lithium-ion batteries, can deter smaller businesses from adopting electric industrial vehicles. Harsh operating environments can reduce battery lifespan and performance, resulting in increased maintenance and replacement costs. Furthermore, the requirement for specialized charging infrastructure and concerns about battery safety and disposal add complexity.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Chemistry, By Application

Regions covered France, Germany, Italy, Spain, United Kingdom Rest of Europe

Companies Covered Amara Raja Batteries Ltd., Ecovolta, ENERSYS, Exide Industries Ltd., GS Yuasa Corporation, Hitachi Energy Ltd., HOPPECKE Batteries GmbH & Co. KG, Johnson Controls International plc, MIDAC S.p.A., Mutlu Corporation, Northvolt, Robert Bosch GmbH, Toshiba Corporation, Volkswagen AG.

Europe Industrial Traction Battery Market Segmentation:

By Chemistry: Based on the Chemistry, Europe Industrial Traction Battery Market is segmented as; Lead Acid, Lithium-Ion, Nickel-Based, Others

By Application: Based on the Application, Europe Industrial Traction Battery Market is segmented as; Forklift, Others

By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom Rest of Europe

Product Code: POAE25140

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Industrial Traction Battery Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Industrial Traction Battery Market

7. Europe Industrial Traction Battery Market, By Chemistry (USD Million) 2021-2034

7.1. Lead Acid
7.2. Lithium-Ion
7.3. Nickel-Based
7.4. Others

8. Europe Industrial Traction Battery Market, By Application (USD Million) 2021-2034

8.1. Forklift
- 8.1.1. Class 1
- 8.1.2. Class 2
- 8.1.3. Class 3
- 8.1.4. Railroads
8.2. Others

9. Europe Industrial Traction Battery Market, (USD Million) 2021-2034

9.1. Europe Industrial Traction Battery Market Size and Market Share

10. Europe Industrial Traction Battery Market, By Region, (USD Million) 2021-2034

10.1. France
10.2. Germany
10.3. Italy
10.4. Spain
10.5. United Kingdom
10.6. Rest of Europe

11. Company Profile

11.1. Amara Raja Batteries Ltd.
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
11.2. Ecovolta
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3.Product summary
- 11.2.4. Recent developments
11.3. ENERSYS
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
11.4. Exide Industries Ltd.
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
11.5. GS Yuasa Corporation
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
11.6. Hitachi Energy Ltd.
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
11.7. HOPPECKE Batteries GmbH & Co. KG
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
11.8. Johnson Controls International plc
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
11.9. MIDAC S.p.A.
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
11.10. Mutlu Corporation
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
11.11. Northvolt
- 11.11.1. Company details
- 11.11.2. Financial outlook
- 11.11.3. Product summary
- 11.11.4. Recent developments
11.12. Robert Bosch GmbH
- 11.12.1. Company details
- 11.12.2. Financial outlook
- 11.12.3. Product summary
- 11.12.4. Recent developments
11.13. Toshiba Corporation
- 11.13.1. Company details
- 11.13.2. Financial outlook
- 11.13.3. Product summary
- 11.13.4. Recent developments
11.14. Volkswagen AG
- 11.14.1. Company details
- 11.14.2. Financial outlook
- 11.14.3. Product summary
- 11.14.4. Recent developments
11.15. Others