European Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe battery market is segmented by type (primary, and secondary battery), technology (lead-acid battery, lithium-ion battery, and other Technologies), application {Automotive [HEV, PHEV, EV], industrial batteries [Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.], Consumer Electronics, and Others}, and geography (United Kingdom, Germany, France, and rest of Europe).

European Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Battery Market Size

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Europe Battery Market Industry Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 13.44 %
Market Concentration Low

Major Players

Europe Battery Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Europe Battery Market with other markets in Energy & Power Industry

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Energy Storage Technology

Europe Battery Market Analysis

The Europe Battery Market is expected to register a CAGR of 13.44% during the forecast period.

  • Over the medium term, major factors driving the market include declining lithium-ion battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of consumer electronics.
  • On the other hand, the demand-supply mismatch of raw materials will likely hinder market growth during the forecast period.
  • Nevertheless, the increasing demand for the fast delivery of products pushed for improvements in the logistics and distribution business in the European region will likely provide ample opportunities for Li-ion batteries in the material handling industry in the coming years.
  • Germany is expected to witness significant growth during the forecast years due to the increasing automotive industry during forecast period.

Europe Battery Industry Overview

The Europe battery market is fragmented with the presence of a number of players. Some of the major players (not in particular order) include BYD Company Limited, Contemporary Amperex Technology Co. Limited, Saft Groupe S.A., Tesla Inc., and FIAMM SpA., among others.

Europe Battery Market Leaders

  1. Saft Groupe SA

  2. FIAMM SpA

  3. BYD Co Ltd

  4. Contemporary Amperex Technology Co. Ltd

  5. Tesla Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Europe Battery Market Industry Concentration
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Europe Battery Market News

  • May 2023: Two electric vehicle battery manufacturers announced plans to spend around EUR 10 billion on factories in Europe. Both plants are expected to start production in after two years and supply batteries to European car producers.
  • May 2023: Li-Cycle Holdings Corp. and Glencore International AG announced signing a letter of intent to jointly study the feasibility of a hub facility in Italy. The Portovesme Hub would produce critical battery materials, including nickel, cobalt and lithium, from recycled battery content.

Europe Battery Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Declining Lithium-ion Battery Prices
    • 4.5.1.2 Rapid Adoption of Electric Vehicles
    • 4.5.2 Restraints
    • 4.5.2.1 The Demand-Supply Mismatch of Raw Materials
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION AND ANALYSIS

  • 5.1 Type
    • 5.1.1 Primary Battery
    • 5.1.2 Secondary Battery
  • 5.2 Technology
    • 5.2.1 Lead-Acid Battery
    • 5.2.2 Lithium-Ion Battery
    • 5.2.3 Other Technologies
  • 5.3 Application
    • 5.3.1 Automotive (HEV, PHEV, and EV)
    • 5.3.2 Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.))
    • 5.3.3 Consumer Electronics
    • 5.3.4 Other Applications
  • 5.4 Geography
    • 5.4.1 United Kingdom
    • 5.4.2 Germany
    • 5.4.3 France
    • 5.4.4 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 BYD Company Limited
    • 6.3.2 Contemporary Amperex Technology Co. Limited
    • 6.3.3 Saft Groupe S.A.
    • 6.3.4 Tesla Inc.
    • 6.3.5 FIAMM SpA
    • 6.3.6 Duracell Inc.
    • 6.3.7 GS Yuasa Corporation
    • 6.3.8 LG Energy Solutions, Ltd.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Demand for the Fast Delivery of Products Pushed for Improvements in the Logistics and Distribution Business
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Europe Battery Industry Segmentation

A battery is a device that converts chemical energy contained within its active materials directly into electric energy by means of an electrochemical oxidation-reduction (redox) reaction.

European battery market is segmented by type, technology, application, and geography. By type, the market is segmented into primary batteries and secondary batteries. By technology, the market is segmented into lead-acid batteries, lithium-ion batteries, and other technologies. By application, the market is segmented into automotive batteries (HEV, PHEV, and EV), industrial batteries (motive, stationary (telecom, UPS, energy storage systems (ESS)), etc.), consumer electronics, and others. The report also covers the market size and forecasts for the battery market across major countries such as United Kingdom, Germany, France and Rest of Europe in the region. For each segment, the market sizing and forecasts have been done based on revenue (USD billion).

Type Primary Battery
Secondary Battery
Technology Lead-Acid Battery
Lithium-Ion Battery
Other Technologies
Application Automotive (HEV, PHEV, and EV)
Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.))
Consumer Electronics
Other Applications
Geography United Kingdom
Germany
France
Rest of Europe
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Europe Battery Market Research FAQs

What is the current Europe Battery Market size?

The Europe Battery Market is projected to register a CAGR of 13.44% during the forecast period (2025-2030)

Who are the key players in Europe Battery Market?

Saft Groupe SA, FIAMM SpA, BYD Co Ltd, Contemporary Amperex Technology Co. Ltd and Tesla Inc. are the major companies operating in the Europe Battery Market.

What years does this Europe Battery Market cover?

The report covers the Europe Battery Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Battery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Battery Industry Report

The Europe battery market is poised for significant growth, driven by substantial investments in battery technologies and the increasing demand for electric vehicles (EVs) and industrial electrification. The market is segmented by type, technology, and application, with notable advancements in lithium-ion and lead-acid batteries. The automotive sector is expected to be a major end-user, fueled by the shift from internal combustion vehicles to EVs, supported by stringent government regulations on vehicle emissions. Additionally, the logistics and distribution sectors are pushing for high-performance battery-powered forklifts to meet the demand for fast delivery of goods. However, challenges such as scalability, flexibility issues, and safety concerns related to battery disposal and environmental impact may impede market growth. The introduction of innovative technologies like Nuclear Diamond Batteries (NDBs) offers promising opportunities, potentially transforming energy storage and generation across various industries. The market landscape is competitive, with numerous European battery manufacturers focusing on strategic initiatives to enhance their market presence. Statistics for the Europe battery market share, size, and revenue growth rate are provided by Mordor Intelligence™ Industry Reports. The Europe battery analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.