Poland Transportation Battery Market: Industry Analysis and Forecast (2021-2027) by Type, Application, and Region

Poland Transportation Battery Market Definition:

The report seeks to examine the market trends, analyse the key players and recognize key opportunities while understanding the nature of the market in the local narrative. The report also seeks to understand the different segments of the products used in the market, and their preferences in the population and make a prediction on future trends through our expert analysts. The report estimates the market size of the product from the global metrics.

The Transportation Battery Market is driven by the transportation market and supplemented by the developments in the implementation of the structural design of transport batteries, making them more resilient to harsher climate conditions and robust use with increased battery replacement cycles. 

The geographical location of Poland lies at the borders of the European Union, making it a key transport hub for the entire region. It has maritime access and is a crossroads for the most significant European transit routes. Poland has been investing significant financial resources in the construction of road, rail, and air infrastructure for many years. The number of kilometres of freshly constructed express routes and highways grows every year. Following the decline of the national railways in 2016, road transport began to grow significantly. Poland's position in road transport has altered dramatically since entering the European Union in 2004. Since then, the country has grown to become one of Europe's leading road carriers. The growth of the transportation market along with being a key logistical intersection with the European Union lays the way for the continued growth of the Transportation Market in Poland.

The market also witnessed a significant slowdown because of the COVID-19 Pandemic. This is primarily because of the shortages caused by the disruptions caused due to lockdowns. The automobile sector, which is the key segment that drives the sector, also witnessed a stark fall in sales in the following year. The markets have now improved and both the transportation and automobile markets are demonstrating promising recovery trajectories and therefore make a good prediction for the growth of the Poland Transportation Battery Market.

Poland Transportation Battery Market Dynamics:

Transportation is extremely important to both the economy and the general livelihood of the Polish population. Commuting to work or school, holidays, weekend trips, and shopping are just a few examples of how people use transportation. Goods transportation primarily serves industry and services, such as trade and individual recipients, the latter of which is handled by courier services. There are various sorts of transportation. Rail and road are examples of land transportation. Water transport (inland and sea) and air transport are two other options. For several years, the latter has been rapidly developing in Poland. Pipelines, conveyors, and traction are all used in transmission transport. Road transport dominates both commodities and passenger travel.

"Poland is a major player in the electric vehicle supply chain. According to Jan Winiewski of PSPA, Poland's e-mobility and alternative fuels organisation, "it is the fifth-largest global provider of lithium-ion car batteries or their components and the largest in Europe."

Rapid developments and extensions from small to large scale energy storage technology research and commercialization will have a substantial impact on the power system that runs through these transport assets.

Research and Developments:

The transportation battery market is being driven by the increasing convergence of electronics as well as the growing need for transportation. Furthermore, government subsidies for cleaner mobility and fuel savings are crucial elements that can help the transportation battery market flourish. Furthermore, OEMs are likely to grab the transportation battery market through the development and creation of new hybrid and electric automobile models, which can serve as a springboard for market expansion.

Further, the development of Electric vehicles, both standalone and hybrid models is expected to boost the growth of the Poland Transportation Battery Market. This is a key factor owing to the climate activism in the region, gunning for a zero-emission vehicle goal by 2030.

The current lack of Electric Vehicles Infrastructure in the country acts as the key restraining factor for the growth of the Transportation Battery Market. However, increasing investments in the Electric Vehicles Market lay down the precedent for the shortcomings to not hinder the growth significantly.

Poland Transportation Battery Market Segment Analysis:

By Type, the Poland Transportation Battery Market is segmented into SLI Battery, Lithium-Ion, Lead Acid and Nickel Metal Hydride Battery(NIMH). The Lithium-Ion battery is expected to grow at significant rate during the forecast period because of its high-energy density properties making them suitable for hybrid and electric automobiles which are expected to increase significantly in the country during the forecast period. They are also environment friendly because of being rechargeable, leading to less E-Waste generation.

By Application, the Poland Transportation Battery Market is segmented into Automotive, Marine, E-Bikes and Forklift segments. The Automotive segment held the largest market share at 45%. Transportation batteries are widely used in a variety of vehicle types because of their long discharge hours and long lifecycle, which make them ideal for next-generation cars. Furthermore, battery manufacturers and automakers are investing billions of dollars to lower the cost of manufacturing and recycling batteries. With a growing middle class and a young population, the analysis predicts that automotive will remain the dominant segment over the forecast period.

The objective of the report is to present a comprehensive analysis of the Poland Transportation Battery Market to the stakeholders in the industry. The report provides trends that are most dominant in the Poland Transportation Battery Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Poland Transportation Battery Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Poland Transportation Battery Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Poland Transportation Battery Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Poland Transportation Battery Market.

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Poland Transportation Battery Market. The report also analyses if the Poland Transportation Battery Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Poland Transportation Battery Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Poland Transportation Battery Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Poland Transportation Battery Market is aided by legal factors.

Poland Transportation Battery Market Scope:

United States Key Players:  

• LG Corporation (South Korea)
• InoBat Auto (Slovakia)
• Wildcat Discovery Technologies (US)
• ABB Limited (Sweden)
• SK IE Technology (South Korea)
• Mercedes-Benz Cars (Germany)