European Battery Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

The European battery market is estimated to grow at a significant CAGR during the forecast period. The market growth is attributed to the presence of a well-established automotive industry in the region. The European automotive industry has experienced moderate growth in the historic period; however, a significant decline is expected owing to the ongoing COVID-19 outbreak. The region has surpassed its peak for the number of new cases of COVID-19 and gradually returning to normalcy. With the presence of a well-established automotive industry, a significant market for the battery is expected in the region.

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Moreover, the European battery market report covers the analysis of various players operating in the market. Some of the players operating in the market include A123 Systems LLC, AceOn Group, Automotive Energy Supply Corp., Exide Industries Ltd., Saft Group SA, Tesvolt GmbH, and others. Owing to increasing competition in the market, the players in the market adopting various strategies such as mergers and acquisitions and partnership and collaboration that tend to fuel market growth in the near future. For instance, in February 2020, Saft and the PSA Group announced plans for two lithium-ion EV battery cell plants in Europe.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation 

European Battery Market by Category 

  • Primary
  • Secondary

European Battery Market by Type 

  • Lithium Ion (Li-Ion)
  • Nickel-Metal Hydride (NI-MH)
  • Nickel Cadmium
  • Lead Acid
  • Others

European Battery Market by Application 

  • Automotive
  • Industrial
  • Consumer Electronics
  • Others

Regional Analysis

  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Company Profiles

  • A123 Systems, LLC
  • Overview
  • A123 Systems, LLC in Europe
  • A123 Systems, LLC in Battery Landscape
  • Recent Developments
  • Accutronics Ltd.
  • AceOn Group
  • Automotive Energy Supply Corp.
  • BOS Balance of Storage Systems AG.
  • BroadBit Batteries Oy
  • BYD Co. Ltd.
  • Contemporary Amperex Technology Co., Ltd.
  • E-Getx Ltd.
  • Exide Industries Ltd.
  • Faradion Ltd.
  • NEXEON LTD.
  • NGK Insulators Ltd.
  • OXIS Energy Ltd.
  • Saft Groupe SA
  • Siemens AG
  • Tesla Inc.
  • Tesvolt GmbH
  • VARTA Storage GmbH

The Report Covers

  • Comprehensive research methodology of the European Battery Market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the European Battery Market.
  • Insights about market determinants which are stimulating the European Battery Market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

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