Germany Electric Bus Battery Pack Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 19.09 Million |
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Market Size (2029) | USD 72.7 Million |
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Largest Share by Propulsion Type | BEV |
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CAGR (2024 - 2029) | 30.66 % |
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Fastest Growing by Propulsion Type | PHEV |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Germany Electric Bus Battery Pack Market Analysis
The Germany Electric Bus Battery Pack Market size is estimated at 19.09 million USD in 2024, and is expected to reach 72.7 million USD by 2029, growing at a CAGR of 30.66% during the forecast period (2024-2029).
19.09 Million
Market Size in 2024 (USD)
72.7 Million
Market Size in 2029 (USD)
91.10 %
CAGR (2021-2023)
30.66 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
100 %
value share, BEV, 2023
The adoption of BEVs in the bus segment aligns with Germany's commitment to sustainable mobility and reducing carbon emissions in the transportation sector.
Largest Segment by Battery Chemistry
64.84 %
value share, NCM, 2023
Automakers and consumers in Germany's EV battery pack industry are interested in the NCM battery technology's ongoing development and the capability of quicker charging.
Largest Segment by Battery Form
42.56 %
value share, Pouch, 2023
Pouch battery dominates Germany's electric bus battery pack market, offering efficient space utilization and high energy density for enhanced performance and range.
Leading Market Player
22.40 %
market share, Akasol AG, 2022
Akasol specializes in high-energy lithium-ion battery systems, which are essential for electric buses due to their need for long range and reliable performance. This specialization allows Akasol to cater specifically to the needs of electric bus manufacturers.
Largest Segment by Capacity
46.91 %
value share, 40 kWh to 80 kWh, 2023
This battery capacity typically provides a sufficient driving range for most urban and suburban bus routes. This range is ideal for city buses, which make frequent stops and do not usually require the extended range that might be necessary for intercity buses.
The German electric bus battery pack market is expected to witness significant growth driven by a shift toward electric buses and government regulations
- The electric bus battery pack market in Germany is expected to see significant growth in the coming years. As of 2021, electric buses comprised around 10% of the country's total bus fleet, with over 3,000 electric buses in operation. By 2030, Germany aims to have all new buses purchased to be electric, leading to a potential sales volume of over 5,000 electric buses per year. Government regulations, environmental concerns, and the decreasing cost of battery technology drive this shift toward electric buses. The adoption of electric buses in Germany is expected to grow rapidly in urban areas, where air pollution is a major concern.
- With the growing demand for electric buses, the battery pack market is also seeing significant growth in Germany. Battery density and range have been steadily increasing over the years, and lithium-ion batteries have become the most widely used technology in the market. The cost of battery packs has also been decreasing, with a reduction of around 80% over the past decade. However, battery pack costs still remain a significant barrier to the adoption of electric buses, and further cost reductions are required to make electric buses more cost-competitive with diesel buses.
- The future of the electric bus battery pack market in Germany looks promising, with ongoing technological advancements and key battery pack manufacturers actively investing in research and development. Companies such as CATL, BYD, and Samsung SDI are among the key players in the market, with CATL being the largest supplier of battery packs for electric buses in Germany. Several ongoing research projects focus on improving battery technology and reducing costs.
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Germany Electric Bus Battery Pack Market Trends
TOP GERMAN EV MANUFACTURERS: VOLKSWAGEN, MERCEDES-BENZ, TESLA, BMW, AND HYUNDAI DOMINATE THE INDUSTRY
- The German electric vehicle market has a variety of players and is majorly driven by the five major players, accounting for more than 40% of the market in 2022. Some of the prominent players include Volkswagen, Mercedes-Benz, Tesla, BMW, and Hyundai. Volkswagen is the largest seller of electric vehicles in Germany, accounting for around 10.10% of the market. The company has a strong presence in European countries, including Germany. The company has a wide brand portfolio under its name, with a variety of product offerings in the electric vehicle range. A strong brand image and large customer base have put the brand at the top in Germany.
- Mercedes-Benz is the second largest seller of electric vehicles, accounting for around 8.59% market share across Germany. The company offers a variety of range of EVs for premium customers along with a strong service network across Germany serving customers. Third place in EV sales across Germany is acquired by Tesla, with around 7.55% of the market share. The company has strong innovative strategies and offers a wide variety of pure electric cars under its product offerings.
- BMW is the fourth largest player, acquiring around 6.72% of the market share in EV sales across Germany. The brand has a strong production and supply chain network and wide innovative and diverse product offerings in hybrid and pure electric vehicles. The fifth-largest player operating in the German EV market is Hyundai, maintaining its market share at around 6.25%. Some of the other players selling EVs in Germany include Audi, Renault, Kia, Seat, and Opel.
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TESLA AND FIAT DRIVE THE GERMAN BATTERY PACK MARKET
- The demand for electric vehicles has been growing continuously over the past few years across Germany. It has also increased the demand for batteries in recent years. A variety of brands and various models are being sold in the country. However, a major share was acquired by the top five models in 2022, including Tesla Models Y, Tesla Models 3, Fiat 500, Ford Kuga, and Toyota Yaris. Tesla Model Y maintained its position at the top, with 35,426 units sold in 2022. Model Y is highly popular due to its long-range, good seating capacity, and large cargo capacity.
- The Tesla Model 3 took second place with 33,841 sales in Germany in 2022. The car is available in rear-wheel drive and performance versions. Due to its strong performance characteristics, Model 3 is drawing the attention of customers. Fiat 500 took third position in electric car sales, with sales of 29,635 in Germany. The car comes in hybrid and fully electric powertrain options and has highly attracted consumers looking for small electric cars on an affordable budget.
- The fourth place in the electric vehicle models’ sales is acquired by the Ford Kuga with 28,410 in Germany. The car comes with the option of a hybrid and a plug-in hybrid option. The fifth place is acquired by the Toyota Yaris, selling 26,376 units in 2022 across Germany. Some of the other top-selling models include Volkswagen ID.3, Mitsubishi Eclipse Cross, Seat CUPRA Formentor, Hyundai Kona, and Volkswagen ID.4
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- GERMANY LEADS THE ELECTRIC VEHICLE REVOLUTION WITH SIGNIFICANT DEMAND AND SALES GROWTH
- DECLINING LITHIUM-ION BATTERY PRICES DRIVE DEMAND FOR ELECTRIC VEHICLES IN GERMANY
- TECHNOLOGICAL ADVANCEMENTS, INCREASED COMPETITION, AND SUPPORTIVE GOVERNMENT POLICIES DRIVE CONTINUOUS BATTERY PRICE DECLINE IN GERMANY.
- BATTERY PACK DEMAND IN GERMANY IS ON THE RISE AS THE COUNTRY BECOMES MORE ELECTRIFIED, MORE ELECTRIC VEHICLES ENTER THE MARKET, AND EXISTING FLEETS GROW
- NMC BATTERIES ARE BECOMING MORE POPULAR IN THE GERMAN EV BATTERY PACK MARKET
- THE GROWING ELECTRIC VEHICLE MARKET IN GERMANY DRIVES INCREASED DEMAND FOR BATTERY MATERIALS AND SHIFTING BATTERY CHEMISTRIES
- ADVANCEMENTS IN BATTERY TECHNOLOGY DRIVE THE GROWTH OF ELECTRIC VEHICLES IN GERMANY
Germany Electric Bus Battery Pack Industry Overview
The Germany Electric Bus Battery Pack Market is fragmented, with the top five companies occupying 35.06%. The major players in this market are Akasol AG, BYD Company Ltd., Ebusco B.V., NorthVolt AB and Super B Lithium Power B.V. (sorted alphabetically).
Germany Electric Bus Battery Pack Market Leaders
Akasol AG
BYD Company Ltd.
Ebusco B.V.
NorthVolt AB
Super B Lithium Power B.V.
Other important companies include Automotive Cells Company (ACC), Contemporary Amperex Technology Co. Ltd. (CATL), LG Energy Solution Ltd., Liacon GmbH, Panasonic Holdings Corporation, Samsung SDI Co. Ltd., SK Innovation Co. Ltd., Valeo Siemens eAutomotive.
*Disclaimer: Major Players sorted in alphabetical order.
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Germany Electric Bus Battery Pack Market News
- January 2023: Samsung SDI is reportedly considering building an electric vehicle battery joint venture with BMW, its largest customer, in Hungary.
Free with this Report
Our comprehensive data set offers over 120 free charts, providing detailed regional and country-level insights into the EV battery pack industry. This includes analyses of distribution and production centers, variations in average selling prices (ASPs) across different regions, and a deep dive into industry trends like demand shifts and technological innovations. We also offer a thorough market segmentation, examining different battery chemistries, capacities, and form factors, alongside an in-depth understanding of market trends such as the adoption of advanced technologies and the impact of environmental regulations. Additionally, we provide an overview of major industry players, a look at the regulatory landscape, and market size analysis in terms of revenue and volume, all culminating in projections and forecasts that consider emerging trends and potential industry shifts.
Germany Electric Bus Battery Pack Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Electric Bus Sales
- 4.2 Electric Bus Sales By OEMs
- 4.3 Best-selling EV Models
- 4.4 OEMs With Preferable Battery Chemistry
- 4.5 Battery Pack Price
- 4.6 Battery Material Cost
- 4.7 Price Chart Of Different Battery Chemistry
- 4.8 Who Supply Whom
- 4.9 EV Battery Capacity And Efficiency
- 4.10 Number Of EV Models Launched
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4.11 Regulatory Framework
- 4.11.1 Germany
- 4.12 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Propulsion Type
- 5.1.1 BEV
- 5.1.2 PHEV
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5.2 Battery Chemistry
- 5.2.1 LFP
- 5.2.2 NCA
- 5.2.3 NCM
- 5.2.4 NMC
- 5.2.5 Others
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5.3 Capacity
- 5.3.1 15 kWh to 40 kWh
- 5.3.2 40 kWh to 80 kWh
- 5.3.3 Above 80 kWh
- 5.3.4 Less than 15 kWh
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5.4 Battery Form
- 5.4.1 Cylindrical
- 5.4.2 Pouch
- 5.4.3 Prismatic
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5.5 Method
- 5.5.1 Laser
- 5.5.2 Wire
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5.6 Component
- 5.6.1 Anode
- 5.6.2 Cathode
- 5.6.3 Electrolyte
- 5.6.4 Separator
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5.7 Material Type
- 5.7.1 Cobalt
- 5.7.2 Lithium
- 5.7.3 Manganese
- 5.7.4 Natural Graphite
- 5.7.5 Nickel
- 5.7.6 Other Materials
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Akasol AG
- 6.4.2 Automotive Cells Company (ACC)
- 6.4.3 BYD Company Ltd.
- 6.4.4 Contemporary Amperex Technology Co. Ltd. (CATL)
- 6.4.5 Ebusco B.V.
- 6.4.6 LG Energy Solution Ltd.
- 6.4.7 Liacon GmbH
- 6.4.8 NorthVolt AB
- 6.4.9 Panasonic Holdings Corporation
- 6.4.10 Samsung SDI Co. Ltd.
- 6.4.11 SK Innovation Co. Ltd.
- 6.4.12 Super B Lithium Power B.V.
- 6.4.13 Valeo Siemens eAutomotive
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR EV BATTERY PACK CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- ELECTRIC VEHICLE SALES, BY BODY TYPE, UNITS, GERMANY, 2017 - 2029
- Figure 2:
- ELECTRIC VEHICLE SALES, BY MAJOR OEMS, UNITS, GERMANY, 2023
- Figure 3:
- ELECTRIC VEHICLE SALES, BY MAJOR OEMS, UNITS, GERMANY, 2023
- Figure 4:
- BEST-SELLING EV MODELS, UNITS, GERMANY, 2023
- Figure 5:
- OEMS MARKET SHARE BY ELECTRIC VEHICLE BATTERY CHEMISTRY, VOLUME %, GERMANY, 2023
- Figure 6:
- ELECTRIC VEHICLE BATTERY CELL AND PACK PRICE, USD, GERMANY, 2017 - 2029
- Figure 7:
- ELECTRIC VEHICLE KEY BATTERY MATERIAL PRICE, BY MATERIAL, USD, GERMANY, 2017 - 2029
- Figure 8:
- ELECTRIC VEHICLE BATTERY PRICE, BY BATTERY CHEMISTRY, USD, GERMANY, 2017 - 2029
- Figure 9:
- EV BATTERY PACK CAPACITY AND EFFICIENCY, KM/KWH, GERMANY, 2023
- Figure 10:
- UPCOMING EV MODELS, BY BODY TYPE, UNITS, GERMANY, 2023
- Figure 11:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, KWH, GERMANY, 2017 - 2029
- Figure 12:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, USD, GERMANY, 2017 - 2029
- Figure 13:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PROPULSION TYPE, KWH, GERMANY, 2017 - 2029
- Figure 14:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PROPULSION TYPE, USD, GERMANY, 2017 - 2029
- Figure 15:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, PROPULSION TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 16:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 17:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BEV, KWH, GERMANY, 2017 - 2029
- Figure 18:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BEV, USD, GERMANY, 2017 - 2029
- Figure 19:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PHEV, KWH, GERMANY, 2017 - 2029
- Figure 20:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PHEV, USD, GERMANY, 2017 - 2029
- Figure 21:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BATTERY CHEMISTRY, KWH, GERMANY, 2017 - 2029
- Figure 22:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BATTERY CHEMISTRY, USD, GERMANY, 2017 - 2029
- Figure 23:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BATTERY CHEMISTRY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 24:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BATTERY CHEMISTRY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 25:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LFP, KWH, GERMANY, 2017 - 2029
- Figure 26:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LFP, USD, GERMANY, 2017 - 2029
- Figure 27:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NCA, KWH, GERMANY, 2017 - 2029
- Figure 28:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NCA, USD, GERMANY, 2017 - 2029
- Figure 29:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NCM, KWH, GERMANY, 2017 - 2029
- Figure 30:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NCM, USD, GERMANY, 2017 - 2029
- Figure 31:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NMC, KWH, GERMANY, 2017 - 2029
- Figure 32:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NMC, USD, GERMANY, 2017 - 2029
- Figure 33:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY OTHERS, KWH, GERMANY, 2017 - 2029
- Figure 34:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY OTHERS, USD, GERMANY, 2017 - 2029
- Figure 35:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CAPACITY, KWH, GERMANY, 2017 - 2029
- Figure 36:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CAPACITY, USD, GERMANY, 2017 - 2029
- Figure 37:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, CAPACITY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 38:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, CAPACITY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 39:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, KWH, GERMANY, 2017 - 2029
- Figure 40:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, USD, GERMANY, 2017 - 2029
- Figure 41:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 42:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 43:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ABOVE 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 44:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ABOVE 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 45:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LESS THAN 15 KWH, KWH, GERMANY, 2017 - 2029
- Figure 46:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LESS THAN 15 KWH, USD, GERMANY, 2017 - 2029
- Figure 47:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BATTERY FORM, KWH, GERMANY, 2017 - 2029
- Figure 48:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY BATTERY FORM, USD, GERMANY, 2017 - 2029
- Figure 49:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BATTERY FORM, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 50:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BATTERY FORM, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 51:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CYLINDRICAL, KWH, GERMANY, 2017 - 2029
- Figure 52:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CYLINDRICAL, USD, GERMANY, 2017 - 2029
- Figure 53:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY POUCH, KWH, GERMANY, 2017 - 2029
- Figure 54:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY POUCH, USD, GERMANY, 2017 - 2029
- Figure 55:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PRISMATIC, KWH, GERMANY, 2017 - 2029
- Figure 56:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY PRISMATIC, USD, GERMANY, 2017 - 2029
- Figure 57:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY METHOD, KWH, GERMANY, 2017 - 2029
- Figure 58:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY METHOD, USD, GERMANY, 2017 - 2029
- Figure 59:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, METHOD, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 60:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, METHOD, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 61:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LASER, KWH, GERMANY, 2017 - 2029
- Figure 62:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LASER, USD, GERMANY, 2017 - 2029
- Figure 63:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY WIRE, KWH, GERMANY, 2017 - 2029
- Figure 64:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY WIRE, USD, GERMANY, 2017 - 2029
- Figure 65:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY COMPONENT, UNITS, GERMANY, 2017 - 2029
- Figure 66:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY COMPONENT, USD, GERMANY, 2017 - 2029
- Figure 67:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, COMPONENT, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 68:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, COMPONENT, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 69:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ANODE, UNITS, GERMANY, 2017 - 2029
- Figure 70:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ANODE, USD, GERMANY, 2017 - 2029
- Figure 71:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CATHODE, UNITS, GERMANY, 2017 - 2029
- Figure 72:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY CATHODE, USD, GERMANY, 2017 - 2029
- Figure 73:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ELECTROLYTE, UNITS, GERMANY, 2017 - 2029
- Figure 74:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY ELECTROLYTE, USD, GERMANY, 2017 - 2029
- Figure 75:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY SEPARATOR, UNITS, GERMANY, 2017 - 2029
- Figure 76:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY SEPARATOR, USD, GERMANY, 2017 - 2029
- Figure 77:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY MATERIAL TYPE, KG, GERMANY, 2017 - 2029
- Figure 78:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY MATERIAL TYPE, USD, GERMANY, 2017 - 2029
- Figure 79:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, MATERIAL TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 80:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, MATERIAL TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 81:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY COBALT, KG, GERMANY, 2017 - 2029
- Figure 82:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY COBALT, USD, GERMANY, 2017 - 2029
- Figure 83:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LITHIUM, KG, GERMANY, 2017 - 2029
- Figure 84:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY LITHIUM, USD, GERMANY, 2017 - 2029
- Figure 85:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY MANGANESE, KG, GERMANY, 2017 - 2029
- Figure 86:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY MANGANESE, USD, GERMANY, 2017 - 2029
- Figure 87:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NATURAL GRAPHITE, KG, GERMANY, 2017 - 2029
- Figure 88:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NATURAL GRAPHITE, USD, GERMANY, 2017 - 2029
- Figure 89:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NICKEL, KG, GERMANY, 2017 - 2029
- Figure 90:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY NICKEL, USD, GERMANY, 2017 - 2029
- Figure 91:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY OTHER MATERIALS, KG, GERMANY, 2017 - 2029
- Figure 92:
- BREAKDOWN OF GERMANY ELECTRIC BUS BATTERY PACK MARKET, BY OTHER MATERIALS, USD, GERMANY, 2017 - 2029
- Figure 93:
- GERMANY ELECTRIC BUS BATTERY PACK MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2020 - 2022
- Figure 94:
- GERMANY ELECTRIC BUS BATTERY PACK MARKET, MOST ADOPTED STRATEGIES, 2020 - 2022
- Figure 95:
- GERMANY ELECTRIC BUS BATTERY PACK MARKET SHARE(%), BY MAJOR PLAYER REVENUE, 2023
Germany Electric Bus Battery Pack Industry Segmentation
BEV, PHEV are covered as segments by Propulsion Type. LFP, NCA, NCM, NMC, Others are covered as segments by Battery Chemistry. 15 kWh to 40 kWh, 40 kWh to 80 kWh, Above 80 kWh, Less than 15 kWh are covered as segments by Capacity. Cylindrical, Pouch, Prismatic are covered as segments by Battery Form. Laser, Wire are covered as segments by Method. Anode, Cathode, Electrolyte, Separator are covered as segments by Component. Cobalt, Lithium, Manganese, Natural Graphite, Nickel are covered as segments by Material Type.
- The electric bus battery pack market in Germany is expected to see significant growth in the coming years. As of 2021, electric buses comprised around 10% of the country's total bus fleet, with over 3,000 electric buses in operation. By 2030, Germany aims to have all new buses purchased to be electric, leading to a potential sales volume of over 5,000 electric buses per year. Government regulations, environmental concerns, and the decreasing cost of battery technology drive this shift toward electric buses. The adoption of electric buses in Germany is expected to grow rapidly in urban areas, where air pollution is a major concern.
- With the growing demand for electric buses, the battery pack market is also seeing significant growth in Germany. Battery density and range have been steadily increasing over the years, and lithium-ion batteries have become the most widely used technology in the market. The cost of battery packs has also been decreasing, with a reduction of around 80% over the past decade. However, battery pack costs still remain a significant barrier to the adoption of electric buses, and further cost reductions are required to make electric buses more cost-competitive with diesel buses.
- The future of the electric bus battery pack market in Germany looks promising, with ongoing technological advancements and key battery pack manufacturers actively investing in research and development. Companies such as CATL, BYD, and Samsung SDI are among the key players in the market, with CATL being the largest supplier of battery packs for electric buses in Germany. Several ongoing research projects focus on improving battery technology and reducing costs.
| Propulsion Type | BEV |
| PHEV | |
| Battery Chemistry | LFP |
| NCA | |
| NCM | |
| NMC | |
| Others | |
| Capacity | 15 kWh to 40 kWh |
| 40 kWh to 80 kWh | |
| Above 80 kWh | |
| Less than 15 kWh | |
| Battery Form | Cylindrical |
| Pouch | |
| Prismatic | |
| Method | Laser |
| Wire | |
| Component | Anode |
| Cathode | |
| Electrolyte | |
| Separator | |
| Material Type | Cobalt |
| Lithium | |
| Manganese | |
| Natural Graphite | |
| Nickel | |
| Other Materials |
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Market Definition
- Battery Chemistry - Various types of battery chemistry considred under this segment include LFP, NCA, NCM, NMC, Others.
- Battery Form - The types of battery forms offered under this segment include Cylindrical, Pouch and Prismatic.
- Body Type - Body types considered under this segment include is variety of buses.
- Capacity - Various types of battery capacities inldude under theis segment are 15 kWH to 40 kWH, 40 kWh to 80 kWh, Above 80 kWh and Less than 15 kWh.
- Component - Various components covered under this segment include anode, cathode, electrolyte, separator.
- Material Type - Various material covered under this segment include cobalt, lithium, manganese, natural graphite, nickel, other material.
- Method - The types of method covered under this segment include laser and wire.
- Propulsion Type - Propulsion types considered under this segment include BEV (Battery electric vehicles), PHEV (plug-in hybrid electric vehicle).
- ToC Type - ToC 3
- Vehicle Type - Vehicle type considered under this segment include commercial vehicles with various EV powertrains.
| Keyword | Definition |
|---|---|
| Electric vehicle (EV) | A vehicle which uses one or more electric motors for propulsion. Includes cars, buses, and trucks. This term includes all-electric vehicles or battery electric vehicles and plug-in hybrid electric vehicles. |
| PEV | A plug-in electric vehicle is an electric vehicle that can be externally charged and generally includes all electric vehicles as well as plug-electric vehicles as well as plug-in hybrids. |
| Battery-as-a-Service | A business model in which the battery of an EV can be rented from a service provider or swapped with another battery when it runs out of charge |
| Battery Cell | The basic unit of an electric vehicle's battery pack, typically a lithium-ion cell, that stores electrical energy. |
| Module | A subsection of an EV battery pack, consisting of several cells grouped together, often used to facilitate manufacturing and maintenance. |
| Battery Management System (BMS) | An electronic system that manages a rechargeable battery by protecting the battery from operating outside its safe operating area, monitoring its state, calculating secondary data, reporting data, controlling its environment, and balancing it. |
| Energy Density | A measure of how much energy a battery cell can store in a given volume, usually expressed in watt-hours per liter (Wh/L). |
| Power Density | The rate at which energy can be delivered by the battery, often measured in watts per kilogram (W/kg). |
| Cycle Life | The number of complete charge-discharge cycles a battery can perform before its capacity falls under a specified percentage of its original capacity. |
| State of Charge (SOC) | A measurement, expressed as a percentage, that represents the current level of charge in a battery compared to its capacity. |
| State of Health (SOH) | An indicator of the overall condition of a battery, reflecting its current performance compared to when it was new. |
| Thermal Management System | A system designed to maintain optimal operating temperatures for an EV's battery pack, often using cooling or heating methods. |
| Fast Charging | A method of charging an EV battery at a much faster rate than standard charging, typically requiring specialized charging equipment. |
| Regenerative Braking | A system in electric and hybrid vehicles that recovers energy normally lost during braking and stores it in the battery. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all its reports.
- Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the volume demand with volume-weighted average battery pack price (per kWh). Battery pack price estimation and forecast takes into account various factors affecting ASP, such as inflation rates, market demand shifts, production costs, technological developments, and consumer preferences, providing estimations for both historical data and future trends.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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