EUROPE BATTERY MARKET 2022-2028

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According to CRI’s market research report, the battery market in Europe is expected to surge at a CAGR of 14.78% in the forecasting period 2022-2028.

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Description

MARKET OUTLOOK

According to CRI’s market research report, the battery market in Europe is expected to surge at a CAGR of 14.78% in the forecasting period 2022-2028. Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe are considered in the market in this region.
In the United Kingdom, significant investments by the government and the market players in battery technology and the construction of new battery production facilities are one of the major factors for the growth of the battery market in the country. For instance, Britishvolt, a startup venture, gained a new investment worth $ 50.17 million from Glencore to construct one of the country’s few large-scale battery factories. The battery factory project is key to the prospects for the country’s automotive industry as it plans to move away from internal combustion engines and embrace battery electric vehicles with zero carbon emissions from the exhaust. All such factors have a positive impact on the growth of the country’s battery market.
In France, the strategic initiatives by market players such as agreements, product developments and launches, mergers and acquisitions are expected to fuel the country’s market demand. For instance, in 2021, Renault signed partnership agreements with Verkor, a French startup and AESC, China, to supply electric vehicle batteries for its electric vehicle production hub. The company also signed a memorandum of understanding with Verkor to co-develop and manufacture high-performance batteries, intending to own more than a 20% stake in the startup. Such factors fuel the battery market growth in the country.

COMPETITIVE OUTLOOK

A123 Systems LLC, Eveready Industries, EnerSys, East Penn Manufacturing Co, Trojan Battery Company, Panasonic Corporation, GS Yuasa International Ltd, and LG Chem Ltd are the leading players in the battery market.

TABLE OF CONTENTS

1. EUROPE BATTERY MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE BATTERY MARKET
2.2. KEY INSIGHTS
2.2.1. INCREASING DEMAND FOR ENERGY STORAGE SYSTEMS
2.2.2. EMERGENCE OF AGM BATTERIES
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY MARKET STRATEGIES
2.6.1. PRODUCT LAUNCHES & DEVELOPMENTS
2.6.2. PARTNERSHIPS & AGREEMENTS
2.7. MARKET DRIVERS
2.7.1. RISING POPULARITY OF CONSUMER ELECTRONICS
2.7.2. INCENTIVES FOR MANUFACTURING ELECTRIC VEHICLE BATTERIES
2.7.3. DECLINING BATTERY PRICES
2.7.4. HIGH DEMAND FOR AUTOMOTIVE APPLICATIONS
2.8. MARKET CHALLENGES
2.8.1. SAFETY ISSUES PERTAINING TO BATTERY USAGE
2.8.2. VOLATILITY IN THE PRICES OF RAW MATERIALS
2.8.3. ISSUES PERTAINING TO BATTERY RECYCLING
2.9. MARKET OPPORTUNITIES
2.9.1. INCREASING PENETRATION OF MARINE BATTERIES
2.9.2. GOVERNMENT INCENTIVES FOR CLEANER TRANSPORTATION
3. EUROPE BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. EUROPE BATTERY MARKET OUTLOOK – BY TECHNOLOGY
4.1. LEAD-ACID BATTERY
4.2. LITHIUM-ION BATTERY
4.3. NICKEL-METAL HYDRIDE (NIMH) BATTERY
4.4. NICKEL-CADMIUM (NICD) BATTERY
4.5. NICKEL-ZINC (NIZN) BATTERY
4.6. FLOW BATTERY
4.7. SODIUM-SULFUR (NAS) BATTERY
4.8. ZINC-MANGANESE DIOXIDE BATTERY
4.9. SMALL SEALED LEAD-ACID BATTERY
4.10. OTHER TECHNOLOGIES
5. EUROPE BATTERY MARKET OUTLOOK – BY END-USE
5.1. AUTOMOTIVE BATTERIES
5.2. INDUSTRIAL BATTERIES
5.3. PORTABLE BATTERIES
5.4. POWER TOOLS BATTERIES
5.5. SLI BATTERIES
5.6. OTHER END-USES
6. EUROPE BATTERY INDUSTRY – COUNTRY OUTLOOK
6.1. UNITED KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. REST OF EUROPE
7. COMPETITIVE LANDSCAPE
7.1. JOHNSONS CONTROLS INC
7.2. GS YUASA INTERNATIONAL LTD
7.3. EXIDE TECHNOLOGIES
7.4. LG CHEM LTD
7.5. A123 SYSTEMS LLC
7.6. TOSHIBA CORPORATION
7.7. PANASONIC CORPORATION
7.8. SAMSUNG SDI CO LTD
7.9. SAFT GROUPE SA
7.10. TROJAN BATTERY COMPANY
7.11. BYD COMPANY LTD
7.12. NEC CORPORATION
7.13. EVEREADY INDUSTRIES
7.14. DURACELL
7.15. EAST PENN MANUFACTURING CO
7.16. CROWN BATTERY MANUFACTURING COMPANY
7.17. C&D TECHNOLOGIES INC
7.18. ENERSYS
7.19. MURATA MANUFACTURING CO LTD
7.20. SHENZHEN BAK BATTERY CO LTD
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

TABLE LIST

TABLE 1: EUROPE BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: EUROPE BATTERY MARKET, BY BATTERY TYPE, 2022-2028, (IN $ MILLION)
TABLE 4: EUROPE BATTERY MARKET, BY TECHNOLOGY, 2022-2028, (IN $ MILLION)
TABLE 5: EUROPE BATTERY MARKET, BY END-USE, 2022-2028, (IN $ MILLION)
TABLE 6: EUROPE BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: EUROPE BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: EUROPE BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: EUROPE BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: EUROPE BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: EUROPE BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: EUROPE BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: EUROPE BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED KINGDOM BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: GERMANY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: FRANCE BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: SPAIN BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: ITALY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF EUROPE BATTERY MARKET 2022-2028 (IN $ MILLION)

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Companies Mentioned

1. JOHNSONS CONTROLS INC
2. GS YUASA INTERNATIONAL LTD
3. EXIDE TECHNOLOGIES
4. LG CHEM LTD
5. A123 SYSTEMS LLC
6. TOSHIBA CORPORATION
7. PANASONIC CORPORATION
8. SAMSUNG SDI CO LTD
9. SAFT GROUPE SA
10. TROJAN BATTERY COMPANY
11. BYD COMPANY LTD
12. NEC CORPORATION
13. EVEREADY INDUSTRIES
14. DURACELL
15. EAST PENN MANUFACTURING CO
16. CROWN BATTERY MANUFACTURING COMPANY
17. C&D TECHNOLOGIES INC
18. ENERSYS
19. MURATA MANUFACTURING CO LTD
20. SHENZHEN BAK BATTERY CO LTD

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