Europe Lithium Ion Battery Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released an in-depth report on the European market for lithium-ion batteries. This report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Europe Lithium-Ion Battery Market Size (2024E): USD 12.6 Bn
Projected Market Value (2033F): USD 23.7 Bn
European Market Growth Rate (CAGR 2024 to 2033): 7.3%

Lithium-Ion Battery Market - Report Scope:

Lithium-ion batteries are essential in various applications, including consumer electronics, electric vehicles (EVs), and renewable energy storage. These batteries are favored for their high energy density, lightweight, and long cycle life. The European lithium-ion battery market caters to a range of sectors, including automotive, consumer electronics, industrial applications, and renewable energy storage. Market growth is driven by the increasing adoption of electric vehicles, advancements in battery technology, and supportive government policies aimed at reducing carbon emissions.

Market Growth Drivers:

The European lithium-ion battery market is propelled by several key factors, including the rising demand for electric vehicles as part of the broader transition to sustainable transportation. The European Union's stringent environmental regulations and incentive programs for electric vehicle adoption further boost market growth. Technological advancements, such as the development of high-capacity and fast-charging lithium-ion batteries, contribute to increased battery performance and efficiency. Additionally, growing investments in battery recycling and second-life applications enhance market potential and sustainability.

Market Restraints:

Despite promising growth prospects, the European lithium-ion battery market faces challenges related to raw material supply chain constraints, including the availability of lithium, cobalt, and nickel. Volatility in raw material prices and geopolitical issues can impact market stability and cost structures. Furthermore, regulatory hurdles concerning battery disposal and recycling requirements pose operational challenges for manufacturers. Addressing these supply chain and regulatory issues is crucial for maintaining market growth and ensuring the sustainability of battery production.

Market Opportunities:

The European lithium-ion battery market presents significant growth opportunities driven by technological innovations and evolving energy policies. The development of next-generation battery technologies, such as solid-state batteries, offers the potential for enhanced performance and safety. The expansion of charging infrastructure and advancements in battery management systems create new avenues for market growth. Strategic partnerships between battery manufacturers, automotive companies, and renewable energy providers are essential for fostering innovation and scaling up production capabilities. Moreover, increasing consumer demand for energy storage solutions for residential and commercial applications further stimulates market opportunities.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the lithium-ion battery market in Europe?
Which application segments and technologies are shaping the adoption of lithium-ion batteries across various industries?
How are advancements in battery technology influencing the competitive landscape of the European lithium-ion battery market?
Who are the key players contributing to the European lithium-ion battery market, and what strategies are they employing to maintain market leadership?
What are the emerging trends and future prospects in the European lithium-ion battery market?

Competitive Intelligence and Business Strategy:

Leading players in the European lithium-ion battery market, including LG Energy Solution, Samsung SDI, and BASF SE, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced battery technologies, including high-energy density and fast-charging solutions, addressing diverse market needs. Collaborations with automotive manufacturers, energy companies, and technology providers facilitate market access and technology adoption. Emphasis on sustainability, recycling programs, and regulatory compliance ensures market growth and aligns with European environmental standards.

Key Companies Profiled:

Panasonic Corporation
Samsung SDI Co., Ltd.
LG Chem Ltd
Enersys Inc.
Saft Groupe S.A.
CATL
Ultralife Corporation
Leclanche SA
Energizer Holdings, Inc.
Northvolt ABB
Excell Battery Co.
Triathlon Batteries Solutions, Inc.
KAYO Battery (Shenzhen) Company Limited
Lithium Werks B.V.
Duracell Inc.
Bestgo Battery Co., Ltd.
Clayton Power
Enerdel, Inc.
Tadiran Batteries

Europe Lithium-Ion Battery market Segmentation

By Cell Type:

Cylindrical
Prismatic
Pouch

By Chemistry:

Lithium Cobalt Oxide
Lithium Manganese Oxide
Lithium Iron Phosphate
Lithium Nickel Manganese Cobalt Oxide
Lithium Nickel Cobalt Aluminium Oxide
Lithium Titanate

By Voltage:

Less than 4.5V
4.6V to 12V
13V to 18V
19V to 24V
25V to 36V
37V to 48V
Above 48V

By Application:

Electric Bikes
Electric Scooters
Electric Vehicles
Energy Storage Systems
Railway Systems
Marine Systems
Military
Telecommunications
Industrial Vehicles (klifts, etc.)
Aerospace & Aviation
Consumer Electronics

By Country:

Germany
France
Italy
Spain
UK
BENELUX
Rest of Europe

Product Code: PMRREP32518

1. Executive Summary

1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

5. Europe Lithium-Ion Battery Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (MWh) Analysis, 2019-2023
5.2. Current and Future Market Volume (MWh) Projections, 2024-2033
5.3. Y-o-Y Growth Trend Analysis

6. Europe Lithium-Ion Battery Market - Pricing Analysis

7. Europe Lithium-Ion Battery Market Demand (US$ Bn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Bn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Bn) Projections, 2024-2033
7.3. Y-o-Y Growth Trend Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Europe GDP Growth Outlook
- 8.1.2. EU position in Global Lithium ion battery Chain Global Manufacturing Value Added Outlook
- 8.1.3. Probable fates of the car lithium ion batteries
- 8.1.4. Probable fates of the Medium to Heavy lithium-ion batteries
- 8.1.5. Biggest supplier Countries for critical raw materials for Lithium ion battery to Europe
8.2. Forecast Factors - Relevance & Impact
8.3. Value Chain Analysis
8.4. COVID-19 Impact
8.5. Market Dynamics
- 8.5.1. Drivers
- 8.5.2. Restraints
- 8.5.3. Opportunity Analysis

9. Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033, By Application

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Bn) and Volume Analysis By Application, 2019-2023
9.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Application, 2024-2033
- 9.3.1. Electric Bikes
- 9.3.2. Electric Scooters
- 9.3.3. Electric Vehicles
  - 9.3.3.1. Passenger Cars
  - 9.3.3.2. Light Commercial Vehicle
  - 9.3.3.3. Heavy Commercial Vehicles
- 9.3.4. Energy Storage Systems
- 9.3.5. Railway Systems
- 9.3.6. Marine Systems
- 9.3.7. Military
- 9.3.8. Telecommunications
- 9.3.9. Industrial Vehicles (Forklifts, etc.)
- 9.3.10. Aerospace & Aviation
- 9.3.11. Consumer Electronics
- 9.3.12. Others
9.4. Market Attractiveness Analysis By Application

10. Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033, By Chemistry

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Bn) and Volume Analysis By Chemistry, 2019-2023
10.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Chemistry, 2024-2033
- 10.3.1. Lithium Cobalt Oxide
- 10.3.2. Lithium Manganese Oxide
- 10.3.3. Lithium Iron Phosphate
- 10.3.4. Lithium Nickel Manganese Cobalt Oxide
- 10.3.5. Lithium Nickel Cobalt Aluminium Oxide
- 10.3.6. Lithium Titanate
10.4. Market Attractiveness Analysis By Chemistry

11. Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033, by Cell Type

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Bn) and Volume Analysis By Cell Type, 2019-2023
11.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Cell Type, 2024-2033
- 11.3.1. Cylindrical
- 11.3.2. Prismatic
- 11.3.3. Pouch
11.4. Market Attractiveness Analysis By Cell Type

12. Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033, By Voltage

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Bn) and Volume Analysis By Voltage, 2019-2023
12.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Voltage, 2024-2033
- 12.3.1. Less than 4.5V
- 12.3.2. 4..6V to 12V
- 12.3.3. 13V to 18V
- 12.3.4. 19V to 24V
- 12.3.5. 25V to 36V
- 12.3.6. 37V to 48V
- 12.3.7. Above 48V
12.4. Market Attractiveness Analysis By Voltage

13. Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033, by Country

13.1. Introduction
13.2. Historical Market Size (US$ Bn) and Volume Analysis By Country, 2019-2023
13.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Country, 2024-2033
- 13.3.1. Germany
- 13.3.2. France
- 13.3.3. Italy
- 13.3.4. Spain
- 13.3.5. UK
- 13.3.6. BENELUX
- 13.3.7. Rest of Europe
13.4. Market Attractiveness Analysis By Country

14. Germany Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Application
- 14.4.2. By Chemistry
- 14.4.3. By Cell Type
- 14.4.4. By Voltage
14.5. Market Attractiveness Analysis
- 14.5.1. By Application
- 14.5.2. By Chemistry
- 14.5.3. By Cell Type
- 14.5.4. By Voltage

15. France Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Application
- 15.4.2. By Chemistry
- 15.4.3. By Cell Type
- 15.4.4. By Voltage
15.5. Market Attractiveness Analysis
- 15.5.1. By Application
- 15.5.2. By Chemistry
- 15.5.3. By Cell Type
- 15.5.4. By Voltage

16. Italy Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Application
- 16.4.2. By Chemistry
- 16.4.3. By Cell Type
- 16.4.4. By Voltage
16.5. Market Attractiveness Analysis
- 16.5.1. By Application
- 16.5.2. By Chemistry
- 16.5.3. By Cell Type
- 16.5.4. By Voltage

17. Spain Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Application
- 17.4.2. By Chemistry
- 17.4.3. By Cell Type
- 17.4.4. By Voltage
17.5. Market Attractiveness Analysis
- 17.5.1. By Application
- 17.5.2. By Chemistry
- 17.5.3. By Cell Type
- 17.5.4. By Voltage

18. U.K. Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Application
- 18.4.2. By Chemistry
- 18.4.3. By Cell Type
- 18.4.4. By Voltage
18.5. Market Attractiveness Analysis
- 18.5.1. By Application
- 18.5.2. By Chemistry
- 18.5.3. By Cell Type
- 18.5.4. By Voltage

19. BENELUX Lithium Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
19.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 19.4.1. By Application
- 19.4.2. By Chemistry
- 19.4.3. By Cell Type
- 19.4.4. By Voltage
19.5. Market Attractiveness Analysis
- 19.5.1. By Application
- 19.5.2. By Chemistry
- 19.5.3. By Cell Type
- 19.5.4. By Voltage

20. Rest of Europe Lithium-Ion Battery Market Analysis 2019-2023 and Forecast 2024-2033

20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Bn) and Volume (MWh) Trend Analysis By Market Taxonomy, 2019-2023
20.4. Market Size (US$ Bn) and Volume (MWh) Forecast By Market Taxonomy, 2024-2033
- 20.4.1. By Application
- 20.4.2. By Chemistry
- 20.4.3. By Cell Type
- 20.4.4. By Voltage
20.5. Market Attractiveness Analysis
- 20.5.1. By Application
- 20.5.2. By Chemistry
- 20.5.3. By Cell Type
- 20.5.4. By Voltage

21. Market Structure Analysis

21.1. Key Players - Market Positioning
21.2. Market Concentration by Leading Players
21.3. Market Analysis by Tier of Companies
21.4. Market Share Analysis of Top Players

22. Competition Analysis

22.1. Competition Dashboard
22.2. Competition Benchmarking
22.3. Competition Deep Dive
- 22.3.1. Panasonic Corporation
  - 22.3.1.1. Overview
  - 22.3.1.2. Product Portfolio
  - 22.3.1.3. SWOT Analysis
  - 22.3.1.4. Strategy Overview
- 22.3.2. Samsung SDI Co., Ltd.
  - 22.3.2.1. Overview
  - 22.3.2.2. Product Portfolio
  - 22.3.2.3. SWOT Analysis
  - 22.3.2.4. Strategy Overview
- 22.3.3. LG Chem Ltd
  - 22.3.3.1. Overview
  - 22.3.3.2. Product Portfolio
  - 22.3.3.3. SWOT Analysis
  - 22.3.3.4. Strategy Overview
- 22.3.4. Enersys Inc.
  - 22.3.4.1. Overview
  - 22.3.4.2. Product Portfolio
  - 22.3.4.3. SWOT Analysis
  - 22.3.4.4. Strategy Overview
- 22.3.5. Saft Groupe S.A.
  - 22.3.5.1. Overview
  - 22.3.5.2. Product Portfolio
  - 22.3.5.3. SWOT Analysis
  - 22.3.5.4. Strategy Overview
- 22.3.6. CATL
  - 22.3.6.1. Overview
  - 22.3.6.2. Product Portfolio
  - 22.3.6.3. SWOT Analysis
  - 22.3.6.4. Strategy Overview
- 22.3.7. Ultralife Corporation
  - 22.3.7.1. Overview
  - 22.3.7.2. Product Portfolio
  - 22.3.7.3. SWOT Analysis
  - 22.3.7.4. Strategy Overview
- 22.3.8. Leclanche SA
  - 22.3.8.1. Overview
  - 22.3.8.2. Product Portfolio
  - 22.3.8.3. SWOT Analysis
  - 22.3.8.4. Strategy Overview
- 22.3.9. Energizer Holdings, Inc.
  - 22.3.9.1. Overview
  - 22.3.9.2. Product Portfolio
  - 22.3.9.3. SWOT Analysis
  - 22.3.9.4. Strategy Overview
- 22.3.10. Northvolt ABB
  - 22.3.10.1. Overview
  - 22.3.10.2. Product Portfolio
  - 22.3.10.3. SWOT Analysis
  - 22.3.10.4. Strategy Overview
- 22.3.11. Excell Battery Co.
  - 22.3.11.1. Overview
  - 22.3.11.2. Product Portfolio
  - 22.3.11.3. SWOT Analysis
  - 22.3.11.4. Strategy Overview
- 22.3.12. Triathlon Batteries Solutions, Inc.
  - 22.3.12.1. Overview
  - 22.3.12.2. Product Portfolio
  - 22.3.12.3. SWOT Analysis
  - 22.3.12.4. Strategy Overview
- 22.3.13. KAYO Battery (Shenzhen) Company Limited
  - 22.3.13.1. Overview
  - 22.3.13.2. Product Portfolio
  - 22.3.13.3. SWOT Analysis
  - 22.3.13.4. Strategy Overview
- 22.3.14. Lithium Werks B.V.
  - 22.3.14.1. Overview
  - 22.3.14.2. Product Portfolio
  - 22.3.14.3. SWOT Analysis
  - 22.3.14.4. Strategy Overview
- 22.3.15. Duracell Inc.
  - 22.3.15.1. Overview
  - 22.3.15.2. Product Portfolio
  - 22.3.15.3. SWOT Analysis
  - 22.3.15.4. Strategy Overview
- 22.3.16. Bestgo Battery Co., Ltd.
  - 22.3.16.1. Overview
  - 22.3.16.2. Product Portfolio
  - 22.3.16.3. SWOT Analysis
  - 22.3.16.4. Strategy Overview
- 22.3.17. Clayton Power
  - 22.3.17.1. Overview
  - 22.3.17.2. Product Portfolio
  - 22.3.17.3. SWOT Analysis
  - 22.3.17.4. Strategy Overview
- 22.3.18. Enerdel, Inc.
  - 22.3.18.1. Overview
  - 22.3.18.2. Product Portfolio
  - 22.3.18.3. SWOT Analysis
  - 22.3.18.4. Strategy Overview
- 22.3.19. Tadiran Batteries
  - 22.3.19.1. Overview
  - 22.3.19.2. Product Portfolio
  - 22.3.19.3. SWOT Analysis
  - 22.3.19.4. Strategy Overview