European electric vehicle battery market is anticipated to showcase a lucrative CAGR during the forecast period. According to the American Chemical Society, Europe possesses only a 3.0% share of the global lithium-ion battery market in 2019. The rising focus of European players to compete with dominant Asian market players is a key factor driving European Electric vehicle battery market. Due to this, several major battery gigafactories are planned for Europe in the next few years to meet an anticipated surge in demand for electric vehicles in the region.
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The market is segmented on the basis of vehicle type, battery type, and propulsion technology. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheelers. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on the battery type Li-ion batteries market is anticipated to exhibit considerable growth due to its light-weight characteristic. Based on propulsion technology the market is sub-segmented into battery electric vehicles, plug-in hybrid electric vehicles. Based on the propulsion type, battery electric vehicles are anticipated to have considerable market growth during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European Electric Vehicle Battery Market by Vehicle Type
- Commercial Vehicles
- Passenger Cars
- Two-Wheelers
European Electric Vehicle Battery Market by Battery Type
- NiMH
- Li-Ion
- Others
European Electric Vehicle Battery Market by Propulsion Type
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicle
Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- BMZBatterien-Montage-Zentrum GmbH
- Britishvolt
- Contemporary Amperex Technology Co. Ltd.
- Custom Cells Itzehoe GmbH
- Daimler AG
- EAS Batteries GmbH
- Hankook AtlasBX Co., Ltd.
- Hitachi, Ltd.
- LG Chem Ltd.
- Liacon GmbH
- NEC Corp.
- NorthVolt AB
- Panasonic Corp.
- Samsung SDI Co., Ltd.
- SK Innovation Co. Ltd.
- Sony Corp.
- Svolt Energy Technology Co., Ltd.
- Tesla Inc.
The Report Covers
- Comprehensive research methodology of the European electric vehicle 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 electric vehicle battery industry.
- Insights about market determinants that are stimulating the European electric vehicle 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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