Europe Battery Market to Register 13.44% CAGR by 2030, Germany Leads region wise Driven by EV Adoption | Mordor Intelligence

The Europe Battery Market is projected to reach multi-billion USD value by 2030, growing at a CAGR of 13.44%. Driven by the rising penetration of electric vehicles (EVs), increasing renewable energy integration, and surging consumer electronics demand, the market is expected to maintain a healthy growth trajectory.

Europe Battery Emerging Trends

 Automotive Batteries Driving Growth

The automotive sector is the largest consumer of lithium-ion batteries in Europe. The shift from internal combustion engines to electric mobility has accelerated demand for EV batteries. Hybrid electric vehicles (HEVs), plug-in hybrids (PHEVs), and fully electric vehicles (EVs) are increasingly popular, supported by government incentives and stricter emission regulations.

• France launched its first EV battery gigafactory in 2023 under its reindustrialisation plan.
• Sweden’s Northvolt secured USD 2.75 billion to expand its lithium-ion battery production capacity.
• Germany registered over 470,000 new electric cars in 2022, reflecting a 32% rise compared to the previous year.

Renewable Energy Integration

Europe’s ambitious renewable energy targets are creating opportunities for stationary energy storage systems (ESS). Batteries are being deployed to stabilize grids, store solar and wind power, and support backup systems. Germany’s Renewable Energy Act aims for 40–45% renewable energy share by 2025, driving demand for large-scale battery installations.

Declining Lithium-Ion Prices

The steady fall in lithium-ion battery prices has made them the preferred choice across applications. This cost reduction is enabling wider adoption in consumer electronics, industrial equipment, and logistics.

Recycling and Sustainability Initiatives

Battery recycling is gaining traction as Europe addresses raw material supply challenges. Mercedes-Benz announced a green battery recycling plant in Germany with a capacity of 2,500 tonnes annually, contributing to sustainable battery production.

Discover Comprehensive Insights Across Regions, Including the Japan Market Version: https://www.mordorintelligence.com/ja/industry-reports/europe-battery-market-industry?utm_source=industrytoday

Europe Battery Market Segmentation

By Type

• Primary Batteries – Non-rechargeable, used in devices requiring long shelf life.
• Secondary Batteries – Rechargeable, widely adopted in automotive, industrial, and consumer electronics.

By Technology

• Lead-Acid Batteries – Common in automotive starter batteries and backup power systems.
• Lithium-Ion Batteries – Dominant in EVs, consumer electronics, and renewable energy storage.
• Other Technologies – Includes nickel-based and emerging chemistries.

By Application

• Automotive – HEVs, PHEVs, EVs.
• Industrial Batteries – Motive power, stationary applications (telecom, UPS, ESS).
• Consumer Electronics – Smartphones, laptops, wearables.
• Other Applications – Specialized uses across healthcare and defense.

By Geography

• Germany – Leading in EV adoption and battery manufacturing.
• France – Expanding gigafactory capacity.
• United Kingdom – Growing demand for energy storage solutions.
• Rest of Europe – Includes emerging markets with rising EV penetration.

Explore Competitive Landscape Details: https://www.mordorintelligence.com/industry-reports/europe-battery-market-industry/companies?utm_source=industrytoday

Europe Battery Companies

·      BYD Company Limited

·      Contemporary Amperex Technology Co. Limited (CATL)

·      Saft Groupe S.A.

·      Tesla Inc.

·      FIAMM SpA

·      Duracell Inc.

·      GS Yuasa Corporation

·      LG Energy Solutions, Ltd

Conclusion:

The Europe Battery Market is on track to achieve significant growth by 2030, supported by strong demand from the automotive sector, renewable energy integration, and consumer electronics. Germany, France, and Sweden are emerging as key hubs for battery manufacturing, while recycling initiatives are addressing sustainability and raw material challenges. As electric mobility and renewable energy adoption accelerate, the Europe Battery Market will play a central role in shaping the continent’s energy future.

Browse Related Reports:

Europe Industrial Battery Market

Europe Rechargeable Battery Market

About Mordor Intelligence   

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.  

For any inquiries, please contact:   

media@mordorintelligence.com   

https://www.mordorintelligence.com/contact-us