France Electric Vehicle Battery Manufacturing Equipment Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 36.87 Million |
| Market Size (2030) | USD 123.24 Million |
| CAGR (2025 - 2030) | 27.30% |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Electric Vehicle Battery Manufacturing Equipment Market Analysis by Mordor Intelligence
The France Electric Vehicle Battery Manufacturing Equipment Market size is estimated at USD 36.87 million in 2025, and is expected to reach USD 123.24 million by 2030, at a CAGR of 27.3% during the forecast period (2025-2030).
- Over the medium term, factors such as the rising electric vehicles adoption and supportive government initiatives are expected to drive the market during the forecast period.
- On the other hand, competetion from established markets are likely to hinder the market growth during the forecast period.
- Nevertheless, long-term ambitious targets for electric vehicles are expected to provide significant opportunities for the market in the coming years
France Electric Vehicle Battery Manufacturing Equipment Market Trends and Insights
Rising Electric Vehicle Adoption to Drive the Market
- France has embraced the shift to electric mobility in the past few years, driven by strong governmental support, consumer demand, and advancements in technology. According to the International Energy Agency, France's electric vehicle sales grew from 64,000 in 2019 to 470,000 in 2023, representing an increase of more than 630%.
- As more consumers and businesses transition to electric vehicles, there is an increasing demand for high-quality batteries to power these vehicles. This surge in demand directly influences the need for advanced manufacturing equipment to produce these batteries efficiently and at scale.
- In recent years, the French EV market has seen impressive growth. The number of electric vehicle registrations has surged. France achieved a significant milestone with one million electric vehicle registrations by 2023, according to a study by Avere-France.
- Moreover, December 2023 saw 57,499 electrified cars registered, claiming a 26.5 percent share of the automotive market. This represented a notable 35.4 percent uptick from December 2022. Of the 1,594,841 electric and plug-in hybrid light vehicles in France, 491,866 were registered in 2023. Dominating the registrations was the American Tesla Model 3 with 4,790, closely trailed by the Tesla Model Y at 4,618.
- The ambitious targets set by the French government further highlight the EV market's growth potential. For instance, in a sectoral agreement unveiled in early May, the French government, in collaboration with the automotive industry, set a target of 800,000 electric vehicle sales annually by 2027. This ambitious goal amplifies the urgency for a robust battery manufacturing infrastructure, subsequently spurring investments in the requisite manufacturing equipment to cater to the projected demand.
- Thus, as electric vehicle adoption accelerates in France, it paves the way for a burgeoning market centered around electric vehicle battery manufacturing equipment. This growth is fueled by the pressing need for enhanced production capacity, technological innovations, and the pursuit of efficient and sustainable battery solutions.
Lithium-Ion Batteries Segment to Dominate the Market
- Traditionally, lithium-ion batteries powered consumer electronics like mobile phones and personal computers. However, they are now becoming the preferred power source for hybrid and fully electric vehicles (EVs). This shift is largely due to the environmental benefits of EVs, which do not emit CO2, nitrogen oxides, or other greenhouse gases.
- Lithium-ion batteries are outpacing other battery types in popularity, thanks to their favorable capacity-to-weight ratio. Their adoption is further fueled by superior performance, extended shelf life, and declining prices. With high energy density and long cycle life, lithium-ion batteries have become the go-to choice for EV manufacturers. As France ramps up its EV production, there's a growing demand for advanced battery manufacturing equipment specifically designed for Li-Ion technology.
- A major factor bolstering the dominance of lithium-ion batteries is their plummeting prices. Over the last decade, technological advancements, economies of scale, and refined manufacturing processes have significantly slashed lithium-ion battery costs.
- Over the past decade, lithium-ion battery prices have seen a dramatic decline worldwide. In 2023, the average lithium-ion battery was priced at approximately USD 139 per kWh, marking an impressive drop of over 82% from 2013 levels.
- BloombergNEF forecasts a renewed decline in battery costs starting in 2025, driven by the activation of new extraction and refinery capacities and a subsequent easing of lithium prices. Their 2023 Battery Price Survey predicts an average pack price to dip below USD 113/kWh by 2025 and reach USD 80/kWh by 2030 on a global scale.
- This price reduction has made electric vehicles more affordable, spurring their widespread adoption. With a growing number of consumers and businesses shifting to EVs, the demand for lithium-ion batteries has surged, bolstering the market for battery manufacturing equipment.
- Consequently, France's market for Li-Ion battery manufacturing equipment is poised for growth, fueled by domestic demand and the nation's aspirations to play a pivotal role in Europe's EV supply chain.
Competitive Landscape
The France electric vehicle battery manufacturing equipment market is semi-consolidated. Some of the major players (not in particular order) include Manz AG, Schuler AG, Hitachi Ltd., Siemens AG, and ACEY New Energy Technology, among others.
France Electric Vehicle Battery Manufacturing Equipment Industry Leaders
-
Manz AG
-
Schuler AG
-
Hitachi Ltd.
-
Siemens AG
-
ACEY New Energy Technology
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2024: French startup Verkor has commenced the construction of a gigafactory in Dunkirk, with plans to produce battery cells for 300,000 electric vehicles each year.
- May 2023: Orano Group and XTC New Energy Group have inked agreements to form two joint ventures dedicated to manufacturing key materials for electric vehicle batteries. Per the agreements, the two entities will pool their expertise to set up two production facilities on a unified industrial site in Dunkirk, situated in the Hauts-de-France region of France.
France Electric Vehicle Battery Manufacturing Equipment Market Report Scope
Electric Vehicle Battery Manufacturing Equipment refers to the machinery and tools used to produce batteries specifically for electric vehicles. This equipment handles processes like assembling battery cells, testing them, and ensuring they meet quality standards before being installed in electric vehicles.
The France electric vehicle battery manufacturing equipment market is segmented by process and battery type. By process, the market is segmented into mixing, coating, calendering, slitting and electrode making, and other process. By battery type, the market is segmented into lithium-ion batteries, lead-acid batteries, nickel metal hydride battery, and others. The report also covers the market size and forecasts for the market.
For each segment, the market sizing and forecasts have been done based on market size in USD.
| Mixing |
| Coating |
| Calendaring |
| Slitting and Electrode Making |
| Other Process |
| Lithium-ion |
| Lead-Acid |
| Nickel Metal Hydride Battery |
| Other Batteries |
| Process | Mixing |
| Coating | |
| Calendaring | |
| Slitting and Electrode Making | |
| Other Process | |
| Battery | Lithium-ion |
| Lead-Acid | |
| Nickel Metal Hydride Battery | |
| Other Batteries |
Key Questions Answered in the Report
How big is the France Electric Vehicle Battery Manufacturing Equipment Market?
The France Electric Vehicle Battery Manufacturing Equipment Market size is expected to reach USD 36.87 million in 2025 and grow at a CAGR of 27.30% to reach USD 123.24 million by 2030.
What is the current France Electric Vehicle Battery Manufacturing Equipment Market size?
In 2025, the France Electric Vehicle Battery Manufacturing Equipment Market size is expected to reach USD 36.87 million.
Who are the key players in France Electric Vehicle Battery Manufacturing Equipment Market?
Manz AG, Schuler AG, Hitachi Ltd., Siemens AG and ACEY New Energy Technology are the major companies operating in the France Electric Vehicle Battery Manufacturing Equipment Market.
What years does this France Electric Vehicle Battery Manufacturing Equipment Market cover, and what was the market size in 2024?
In 2024, the France Electric Vehicle Battery Manufacturing Equipment Market size was estimated at USD 26.80 million. The report covers the France Electric Vehicle Battery Manufacturing Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the France Electric Vehicle Battery Manufacturing Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on:
France Electric Vehicle Battery Manufacturing Equipment Market Report
Statistics for the 2025 France Electric Vehicle Battery Manufacturing Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Electric Vehicle Battery Manufacturing Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
