Global CTP Battery Tray Industry

2023-2029 Global CTP Battery Tray Industry Research & Trends Analysis Report

Global CTP Battery Tray Industry

2023-2029 Global CTP Battery Tray Industry Research & Trends Analysis Report


The report classifies the business vertical into various segments based on components, voltage, end-user scope, and regional division. A thorough analysis of each segment with respect to their market share, growth rate, and revenue contribution forms a major part of the study.

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According to the research report, the global market for CTP Battery Tray should grow from US$ 813 million in 2022 to US$ 10200 million by 2029, with a CAGR of 41.8% for the period of 2023-2029.

The key manufacturers of CTP Battery Tray are concentrated in China, include Guangdong Hoshion Aluminium Co.,Ltd, Huada Automotive Technology, Minth Group, Huayu Automotive Systems, Ling Yun Industrial Corp Ltd, and Lucky Harvest, etc.

Guangdong Hoshion Aluminium Co.,Ltd. and Huada Automotive Technology each hold about 30% of the market share.

China is the world's largest market, with about 97% of the market. It is expected that the market in North America, Europe and other regions will further expand in the future, while China will maintain the largest market share.

In terms of products, CTP battery tray is mainly divided into aluminum battery tray and steel battery tray. At present, the market is mainly made of aluminum battery tray, and steel battery tray is expected to be further developed.

In terms of application, pure electric vehicle and hybrid electric vehicles are the main downstream markets. Pure electric vehicle account for about 80%. It is expected that the application of the product in the hybrid electric vehicle industry will increase and gradually reach the level of pure electric vehicle.

Before the emergence of power electricity in CTP technology, the manufacture of battery packs was divided into three steps of "Cell-Module-Pack". The cells were assembled into modules and then packed into battery packs. The existence of modules is to improve the efficiency of packaging cells into battery packs and facilitate maintenance. However, with the increase in the amount of electricity carried by automobiles, the number of standardized batteries is also increasing, and the number of modules is also increasing. This increases the number of components, resulting in an increase in weight and cost and a decrease in space utilization.

CTP technology reduces the burden on the battery pack by reducing or even giving up the use of modules. The full name of CTP is "Cell to Pack", which skips the standard module link and directly integrates the battery cells on the battery pack, which effectively improves the space utilization and energy density of the battery pack.

CTP battery trays present a trend of replacing traditional trays. Compared with traditional trays, CTP technology can reduce the manufacturing cost of power batteries. At present, the penetration rate of CTP trays is about 10-15%. The main adopters of CTP technology are BYD and CATL. It is expected that the follow-up will develop rapidly and is expected to occupy the market. In terms of value, CTP battery trays are about 100% higher than traditional trays.

This report aims to provide a comprehensive study of the global market for CTP Battery Tray.
Key Takeaways and Highlights

(1) Global CTP Battery Tray market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global CTP Battery Tray market competitive situation, sales, revenue, price and market share, from 2018 to 2022.

(3) China CTP Battery Tray market competitive situation, sales, revenue, price and market share, from 2018 to 2022.

(4) Global CTP Battery Tray segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global CTP Battery Tray segment by type and by application and regional segment by type and by application.

(6) Global major production regions of CTP Battery Tray, capacity, production and trends.

(7) CTP Battery Tray industry supply chain, upstream, midstream and downstream analysis.


Regional Breakdown: Analyzing Market Segments by Geography

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by materials, covers

Aluminum Battery Trays

Steel Battery Trays


Application-Based Segmentation: Unlocking Market Opportunities

Pure Electric Vehicle

Hybrid Vehicle


In the Spotlight: A Closer Look at Market Players

Guangdong Hoshion Aluminium Co.,Ltd

Huada Automotive Technology

Minth Group

Huayu Automotive Systems

Ling Yun Industrial Corp Ltd

Lucky Harvest

1 Market Overview

1.1 CTP Battery Tray Definition

1.2 Global CTP Battery Tray Market Size and Forecast

1.2.1 By Revenue, Global CTP Battery Tray Market Size, 2018-2029

1.2.2 By Sales Volume, Global CTP Battery Tray Market Size, 2018-2029

1.2.3 Global CTP Battery Tray Price Trend, 2018-2029

1.3 China CTP Battery Tray Market Size and Forecast

1.3.1 By Revenue, China CTP Battery Tray Market Size, 2018-2029

1.3.2 By Sales Volume, China CTP Battery Tray Market Size, 2018-2029

1.3.3 China CTP Battery Tray Price Trend, 2018-2029

1.4 China Percentage in Global Market

1.4.1 By Revenue, China CTP Battery Tray Share in Global Market, 2018-2029

1.4.2 By Sales Volume, China CTP Battery Tray Share in Global Market, 2018-2029

1.4.3 CTP Battery Tray Market Size: China VS Global, 2018-2029

1.5 CTP Battery Tray Market Dynamics

1.5.1 CTP Battery Tray Market Drivers

1.5.2 CTP Battery Tray Market Restraints

1.5.3 CTP Battery Tray Industry Trends

1.5.4 CTP Battery Tray Industry Policy

2 Global Competitive Landscape by Company

2.1 Global CTP Battery Tray Revenue by Company, 2018-2023

2.2 Global CTP Battery Tray Sales Volume by Company, 2018-2023

2.3 Global CTP Battery Tray Price by Company, 2018-2023

2.4 Global CTP Battery Tray Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.5 Global CTP Battery Tray Concentration Ratio

2.6 Global CTP Battery Tray Mergers & Acquisitions, Expansion Plans

2.7 Global CTP Battery Tray Manufacturers Product Type

3 China Competitive Landscape by Company

3.1 China CTP Battery Tray Revenue by Company, 2018-2023

3.2 China CTP Battery Tray Sales Volume by Company, 2018-2023

3.3 China CTP Battery Tray CTP Battery Tray Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.4 China CTP Battery Tray Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)

3.5 Chinese Local Players, CTP Battery Tray Domestic VS Export

3.6 China Market, CTP Battery Tray Import & Export

3.6.1 China Market, CTP Battery Tray Import & Export, 2018-2029

3.6.2 China CTP Battery Tray Import & Export Trends

3.6.3 Main Sources of China CTP Battery Tray Import

3.6.4 Export Destination of China CTP Battery Tray

4 CTP Battery Tray Production by Region

4.1 Global CTP Battery Tray Capacity, Production and Capacity Utilization, 2018-2029

4.2 Global Geographic Distribution of CTP Battery Tray Manufacturers

4.3 Global Major Manufacturers, CTP Battery Tray Capacity Expansion and Future Plans

4.4 Global CTP Battery Tray Capacity by Region

4.5 Global CTP Battery Tray Production by Region

4.5.1 Global CTP Battery Tray Production & Forecast by Region, 2018 VS 2022 VS 2029

4.5.2 Global CTP Battery Tray Production by Region, 2018-2023

4.5.3 Global CTP Battery Tray Production Market Share & Forecast by Region, 2018-2029

5 Industry Chain Analysis

5.1 CTP Battery Tray Industry Chain

5.2 CTP Battery Tray Upstream Analysis

5.2.1 CTP Battery Tray Core Raw Materials

5.2.2 Main Manufacturers of CTP Battery Tray Core Raw Materials

5.3 Midstream Analysis

5.4 Downstream Analysis

5.5 CTP Battery Tray Production Mode

5.6 CTP Battery Tray Procurement Model

5.7 CTP Battery Tray Industry Sales Model and Sales Channels

5.7.1 CTP Battery Tray Sales Model

5.7.2 CTP Battery Tray Typical Distributors

6 Sights by Materials

6.1 CTP Battery Tray Classification

6.1.1 Aluminum Battery Trays

6.1.2 Steel Battery Trays

6.2 By Materials, Global CTP Battery Tray Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Materials, Global CTP Battery Tray Revenue, 2018-2029

6.4 By Materials, Global CTP Battery Tray Sales Volume, 2018-2029

6.5 By Materials, Global CTP Battery Tray Price, 2018-2029

7 Sights by Application

7.1 CTP Battery Tray Segment by Application

7.1.1 Pure Electric Vehicle

7.1.2 Hybrid Vehicle

7.2 By Application, Global CTP Battery Tray Market Size & CAGR, 2018 VS 2022 VS 2029

7.3 By Application, Global CTP Battery Tray Revenue, 2018-2029

7.4 By Application, Global CTP Battery Tray Sales Volume, 2018-2029

7.5 By Application, Global CTP Battery Tray Price, 2018-2029

8 Sales Sights by Region

8.1 By Region, Global CTP Battery Tray Market Size, 2018 VS 2022 VS 2029

8.2 By Region, Global CTP Battery Tray Revenue, 2018-2029

8.3 By Region, Global CTP Battery Tray Sales Volume, 2018-2029

8.4 North America

8.4.1 North America CTP Battery Tray Market Size & Forecasts, 2018-2029

8.4.2 By Country, North America CTP Battery Tray Market Size Market Share

8.5 Europe

8.5.1 Europe CTP Battery Tray Market Size & Forecasts, 2018-2029

8.5.2 By Country, Europe CTP Battery Tray Market Size Market Share

8.6 Asia Pacific

8.6.1 Asia Pacific CTP Battery Tray Market Size & Forecasts, 2018-2029

8.6.2 By Country/Region, Asia Pacific CTP Battery Tray Market Size Market Share

8.7 South America

8.7.1 South America CTP Battery Tray Market Size & Forecasts, 2018-2029

8.7.2 By Country, South America CTP Battery Tray Market Size Market Share

8.8 Middle East & Africa

9 Sales Sights by Country Level

9.1 By Country, Global CTP Battery Tray Market Size & CAGR，2018 VS 2022 VS 2029

9.2 By Country, Global CTP Battery Tray Revenue, 2018-2029

9.3 By Country, Global CTP Battery Tray Sales Volume, 2018-2029

9.4 U.S.

9.4.1 U.S. CTP Battery Tray Market Size, 2018-2029

9.4.2 By Company, U.S. CTP Battery Tray Sales Volume Market Share, 2022

9.4.3 By Materials, U.S. CTP Battery Tray Market Size, Share, 2022 VS 2029

9.4.4 By Application, U.S. CTP Battery Tray Market Size, Share, 2022 VS 2029

9.5 Europe

9.5.1 Europe CTP Battery Tray Market Size, 2018-2029

9.5.2 By Company, Europe CTP Battery Tray Sales Volume Market Share, 2022

9.5.3 By Materials, Europe CTP Battery Tray Market Size, Share, 2022 VS 2029

9.5.4 By Application, Europe CTP Battery Tray Market Size, Share, 2022 VS 2029

9.6 China

9.6.1 China CTP Battery Tray Market Size, 2018-2029

9.6.2 By Company, China CTP Battery Tray Sales Volume Market Share, 2022

9.6.3 By Materials, China CTP Battery Tray Market Size, Share, 2022 VS 2029

9.6.4 By Application, China CTP Battery Tray Market Size, Share, 2022 VS 2029

9.7 Japan

9.7.1 Japan CTP Battery Tray Market Size, 2018-2029

9.7.2 By Company, Japan CTP Battery Tray Sales Volume Market Share, 2022

9.7.3 By Materials, Japan CTP Battery Tray Market Size, Share, 2022 VS 2029

9.7.4 By Application, Japan CTP Battery Tray Market Size, Share, 2022 VS 2029

9.8 South Korea

9.8.1 South Korea CTP Battery Tray Market Size, 2018-2029

9.8.2 By Company, South Korea CTP Battery Tray Sales Volume Market Share, 2022

9.8.3 By Materials, South Korea CTP Battery Tray Market Size, Share, 2022 VS 2029

9.8.4 By Application, South Korea CTP Battery Tray Market Size, Share, 2022 VS 2029

9.9 Southeast Asia

9.9.1 Southeast Asia CTP Battery Tray Market Size, 2018-2029

9.9.2 By Company, Southeast Asia CTP Battery Tray Sales Volume Market Share, 2022

9.9.3 By Materials, Southeast Asia CTP Battery Tray Market Size, Share, 2022 VS 2029

9.9.4 By Application, Southeast Asia CTP Battery Tray Market Size, Share, 2022 VS 2029

9.10 India

9.10.1 India CTP Battery Tray Market Size, 2018-2029

9.10.2 By Company, India CTP Battery Tray Sales Volume Market Share, 2022

9.10.3 By Materials, India CTP Battery Tray Market Size, Share, 2022 VS 2029

9.10.4 By Application, India CTP Battery Tray Market Size, Share, 2022 VS 2029

9.11 Middle East & Asia

9.11.1 Middle East & Asia CTP Battery Tray Market Size, 2018-2029

9.11.2 By Company, Middle East & Asia CTP Battery Tray Sales Volume Market Share, 2022

9.11.3 By Materials, Middle East & Asia CTP Battery Tray Market Size, Share, 2022 VS 2029

9.11.4 By Application, Middle East & Asia CTP Battery Tray Market Size, Share, 2022 VS 2029

10 Manufacturers Profile

10.1 Guangdong Hoshion Aluminium Co.,Ltd

10.1.1 Guangdong Hoshion Aluminium Co.,Ltd Company Information, Head Office, Market Area and Industry Position

10.1.2 Guangdong Hoshion Aluminium Co.,Ltd CTP Battery Tray Models, Specifications and Application

10.1.3 Guangdong Hoshion Aluminium Co.,Ltd CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.1.4 Guangdong Hoshion Aluminium Co.,Ltd Company Profile and Main Business

10.1.5 Guangdong Hoshion Aluminium Co.,Ltd Recent Developments

10.2 Huada Automotive Technology

10.2.1 Huada Automotive Technology Company Information, Head Office, Market Area and Industry Position

10.2.2 Huada Automotive Technology CTP Battery Tray Models, Specifications and Application

10.2.3 Huada Automotive Technology CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.2.4 Huada Automotive Technology Company Profile and Main Business

10.2.5 Huada Automotive Technology Recent Developments

10.3 Minth Group

10.3.1 Minth Group Company Information, Head Office, Market Area and Industry Position

10.3.2 Minth Group CTP Battery Tray Models, Specifications and Application

10.3.3 Minth Group CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.3.4 Minth Group Company Profile and Main Business

10.3.5 Minth Group Recent Developments

10.4 Huayu Automotive Systems

10.4.1 Huayu Automotive Systems Company Information, Head Office, Market Area and Industry Position

10.4.2 Huayu Automotive Systems CTP Battery Tray Models, Specifications and Application

10.4.3 Huayu Automotive Systems CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.4.4 Huayu Automotive Systems Company Profile and Main Business

10.4.5 Huayu Automotive Systems Recent Developments

10.5 Ling Yun Industrial Corp Ltd

10.5.1 Ling Yun Industrial Corp Ltd Company Information, Head Office, Market Area and Industry Position

10.5.2 Ling Yun Industrial Corp Ltd CTP Battery Tray Models, Specifications and Application

10.5.3 Ling Yun Industrial Corp Ltd CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.5.4 Ling Yun Industrial Corp Ltd Company Profile and Main Business

10.5.5 Ling Yun Industrial Corp Ltd Recent Developments

10.6 Lucky Harvest

10.6.1 Lucky Harvest Company Information, Head Office, Market Area and Industry Position

10.6.2 Lucky Harvest CTP Battery Tray Models, Specifications and Application

10.6.3 Lucky Harvest CTP Battery Tray Sales Volume, Revenue, Price and Gross Margin, 2018-2023

10.6.4 Lucky Harvest Company Profile and Main Business

10.6.5 Lucky Harvest Recent Developments

11 Conclusion

12 Appendix

12.1 Research Methodology

12.2 Data Source

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Market Estimation Model

12.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
CTP Battery Tray Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the CTP Battery Tray Market trending toward high growth trajectories?
A dynamic process in the CTP Battery Tray Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Tesla, BYD, CATL, Panasonic, LG Energy Solution.
Why are some of the most well-known companies left out of the CTP Battery Tray Market study?
The CTP Battery Tray study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.
What are the major applications for CTP Battery Tray ?
CTP Battery Tray has a wide range of applications, including and others.
What is the expected rate of growth in the CTP Battery Tray Market?
From 2025 to 2030, the CTP Battery Tray Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
What are the advantages of the CTP Battery Tray Market research study?
The CTP Battery Tray Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
What makes the latest CTP Battery Tray Market study unique?
The latest version of the CTP Battery Tray Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.