Germany Electric Commercial Vehicle Battery Pack Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.35 Billion |
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Market Size (2029) | USD 1.2 Billion |
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Largest Share by Propulsion Type | BEV |
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CAGR (2024 - 2029) | 28.11 % |
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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 Commercial Vehicle Battery Pack Market Analysis
The Germany Electric Commercial Vehicle Battery Pack Market size is estimated at 0.35 billion USD in 2024, and is expected to reach 1.2 billion USD by 2029, growing at a CAGR of 28.11% during the forecast period (2024-2029).
0.35 Billion
Market Size in 2024 (USD)
1.2 Billion
Market Size in 2029 (USD)
144.74 %
CAGR (2021-2023)
28.11 %
CAGR (2024-2029)
Largest Segment by Body Type
87.95 %
value share, LCV, 2023
Battery electric light commercial vehicles are the fastest-growing segment, due to adoption of the electric mobility and stringent norms implemented by the government.
Largest Segment by Propulsion Type
99.57 %
value share, BEV, 2023
BEV propulsion type dominates the commercial vehicle battery-pack market, reflecting the growing adoption of emission-free and sustainable transportation solutions.
Largest Segment by Battery Chemistry
64.84 %
value share, NCM, 2023
NCM chemistry dominates the electric commercial vehicle battery pack market, offering high energy density and improved performance for efficient and sustainable operation
Largest Segment by Battery Form
42.56 %
value share, Pouch, 2023
Pouch battery form dominates Germany's electric vehicle battery pack market, offering flexibility and efficient space utilization for enhanced performance and range.
Leading Market Player
26.41 %
market share, SAIC Volkswagen Power Battery Co. Ltd., 2022
SAIC Volkswagen has established strong ties with various automakers, not just within the Volkswagen Group but also with other European and global brands. These relationships ensure ongoing contracts and collaborations, securing a steady demand for their battery packs.
Growing demand and decreasing costs drive the battery pack market for electric commercial vehicles in Germany
- The German commercial electric vehicle battery pack market is expected to grow significantly in the coming years. As of 2021, electric commercial vehicles comprised less than 1% of the country's total commercial vehicle fleet. However, with the increasing adoption of electric vehicles, the market share of electric commercial vehicles is expected to grow rapidly, driven by government regulations, environmental concerns, and the decreasing cost of battery technology. By 2030, Germany aims to have 40-50% of newly registered commercial vehicles to be electric, leading to a potential sales volume of over 300,000 electric commercial vehicles per year.
- With the growing demand for electric commercial vehicles, 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 decreased, reducing by around 80% over the past decade. However, battery pack costs remain a significant barrier to adopting electric commercial vehicles, and further cost reductions are required to make electric commercial vehicles more cost-competitive with their fossil fuel counterparts.
- With advancing technology and rising demand, the German market for battery packs for electric commercial vehicles has a bright future. Larger battery packs have been developed more often in recent years, and some manufacturers now sell battery packs with capacities of up to 1,000 kWh. The need to extend the range of commercial vehicles and decrease the charging frequency is driving this development.
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Germany Electric Commercial Vehicle 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 Commercial Vehicle Battery Pack Industry Overview
The Germany Electric Commercial Vehicle Battery Pack Market is fragmented, with the top five companies occupying 32.72%. The major players in this market are Akasol AG, BYD Company Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), NorthVolt AB and SAIC Volkswagen Power Battery Co. Ltd. (sorted alphabetically).
Germany Electric Commercial Vehicle Battery Pack Market Leaders
Akasol AG
BYD Company Ltd.
Contemporary Amperex Technology Co. Ltd. (CATL)
NorthVolt AB
SAIC Volkswagen Power Battery Co. Ltd.
Other important companies include Automotive Cells Company (ACC), Ebusco B.V., LG Energy Solution Ltd., Liacon GmbH, Litens Automotive GmbH & Co. KG, Panasonic Holdings Corporation, Samsung SDI Co. Ltd., SK Innovation Co. Ltd., Super B Lithium Power B.V., Valeo Siemens eAutomotive.
*Disclaimer: Major Players sorted in alphabetical order.
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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 Commercial Vehicle 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 Commercial Vehicle Sales
- 4.2 Electric Commercial Vehicle 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 Body Type
- 5.1.1 Bus
- 5.1.2 LCV
- 5.1.3 M&HDT
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5.2 Propulsion Type
- 5.2.1 BEV
- 5.2.2 PHEV
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5.3 Battery Chemistry
- 5.3.1 LFP
- 5.3.2 NCA
- 5.3.3 NCM
- 5.3.4 NMC
- 5.3.5 Others
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5.4 Capacity
- 5.4.1 15 kWh to 40 kWh
- 5.4.2 40 kWh to 80 kWh
- 5.4.3 Above 80 kWh
- 5.4.4 Less than 15 kWh
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5.5 Battery Form
- 5.5.1 Cylindrical
- 5.5.2 Pouch
- 5.5.3 Prismatic
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5.6 Method
- 5.6.1 Laser
- 5.6.2 Wire
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5.7 Component
- 5.7.1 Anode
- 5.7.2 Cathode
- 5.7.3 Electrolyte
- 5.7.4 Separator
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5.8 Material Type
- 5.8.1 Cobalt
- 5.8.2 Lithium
- 5.8.3 Manganese
- 5.8.4 Natural Graphite
- 5.8.5 Nickel
- 5.8.6 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 Litens Automotive GmbH & Co. KG
- 6.4.9 NorthVolt AB
- 6.4.10 Panasonic Holdings Corporation
- 6.4.11 SAIC Volkswagen Power Battery Co. Ltd.
- 6.4.12 Samsung SDI Co. Ltd.
- 6.4.13 SK Innovation Co. Ltd.
- 6.4.14 Super B Lithium Power B.V.
- 6.4.15 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 COMMERCIAL VEHICLE BATTERY PACK MARKET, KWH, GERMANY, 2017 - 2029
- Figure 12:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, USD, GERMANY, 2017 - 2029
- Figure 13:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BODY TYPE, KWH, GERMANY, 2017 - 2029
- Figure 14:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BODY TYPE, USD, GERMANY, 2017 - 2029
- Figure 15:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 16:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 17:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BUS, KWH, GERMANY, 2017 - 2029
- Figure 18:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BUS, USD, GERMANY, 2017 - 2029
- Figure 19:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 20:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LCV, KWH, GERMANY, 2017 - 2029
- Figure 21:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LCV, USD, GERMANY, 2017 - 2029
- Figure 22:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 23:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY M&HDT, KWH, GERMANY, 2017 - 2029
- Figure 24:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY M&HDT, USD, GERMANY, 2017 - 2029
- Figure 25:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 26:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PROPULSION TYPE, KWH, GERMANY, 2017 - 2029
- Figure 27:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PROPULSION TYPE, USD, GERMANY, 2017 - 2029
- Figure 28:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, PROPULSION TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 29:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 30:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BEV, KWH, GERMANY, 2017 - 2029
- Figure 31:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BEV, USD, GERMANY, 2017 - 2029
- Figure 32:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 33:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PHEV, KWH, GERMANY, 2017 - 2029
- Figure 34:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PHEV, USD, GERMANY, 2017 - 2029
- Figure 35:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 36:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BATTERY CHEMISTRY, KWH, GERMANY, 2017 - 2029
- Figure 37:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BATTERY CHEMISTRY, USD, GERMANY, 2017 - 2029
- Figure 38:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BATTERY CHEMISTRY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 39:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BATTERY CHEMISTRY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 40:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LFP, KWH, GERMANY, 2017 - 2029
- Figure 41:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LFP, USD, GERMANY, 2017 - 2029
- Figure 42:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 43:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NCA, KWH, GERMANY, 2017 - 2029
- Figure 44:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NCA, USD, GERMANY, 2017 - 2029
- Figure 45:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 46:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NCM, KWH, GERMANY, 2017 - 2029
- Figure 47:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NCM, USD, GERMANY, 2017 - 2029
- Figure 48:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 49:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NMC, KWH, GERMANY, 2017 - 2029
- Figure 50:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NMC, USD, GERMANY, 2017 - 2029
- Figure 51:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 52:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY OTHERS, KWH, GERMANY, 2017 - 2029
- Figure 53:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY OTHERS, USD, GERMANY, 2017 - 2029
- Figure 54:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 55:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CAPACITY, KWH, GERMANY, 2017 - 2029
- Figure 56:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CAPACITY, USD, GERMANY, 2017 - 2029
- Figure 57:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, CAPACITY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 58:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, CAPACITY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 59:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, KWH, GERMANY, 2017 - 2029
- Figure 60:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, USD, GERMANY, 2017 - 2029
- Figure 61:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 62:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 63:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 64:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 65:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ABOVE 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 66:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ABOVE 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 67:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 68:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LESS THAN 15 KWH, KWH, GERMANY, 2017 - 2029
- Figure 69:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LESS THAN 15 KWH, USD, GERMANY, 2017 - 2029
- Figure 70:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 71:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BATTERY FORM, KWH, GERMANY, 2017 - 2029
- Figure 72:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY BATTERY FORM, USD, GERMANY, 2017 - 2029
- Figure 73:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BATTERY FORM, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 74:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BATTERY FORM, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 75:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CYLINDRICAL, KWH, GERMANY, 2017 - 2029
- Figure 76:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CYLINDRICAL, USD, GERMANY, 2017 - 2029
- Figure 77:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 78:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY POUCH, KWH, GERMANY, 2017 - 2029
- Figure 79:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY POUCH, USD, GERMANY, 2017 - 2029
- Figure 80:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 81:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PRISMATIC, KWH, GERMANY, 2017 - 2029
- Figure 82:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY PRISMATIC, USD, GERMANY, 2017 - 2029
- Figure 83:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 84:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY METHOD, KWH, GERMANY, 2017 - 2029
- Figure 85:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY METHOD, USD, GERMANY, 2017 - 2029
- Figure 86:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, METHOD, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 87:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, METHOD, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 88:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LASER, KWH, GERMANY, 2017 - 2029
- Figure 89:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LASER, USD, GERMANY, 2017 - 2029
- Figure 90:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 91:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY WIRE, KWH, GERMANY, 2017 - 2029
- Figure 92:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY WIRE, USD, GERMANY, 2017 - 2029
- Figure 93:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 94:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY COMPONENT, UNITS, GERMANY, 2017 - 2029
- Figure 95:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY COMPONENT, USD, GERMANY, 2017 - 2029
- Figure 96:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, COMPONENT, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 97:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, COMPONENT, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 98:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ANODE, UNITS, GERMANY, 2017 - 2029
- Figure 99:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ANODE, USD, GERMANY, 2017 - 2029
- Figure 100:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 101:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CATHODE, UNITS, GERMANY, 2017 - 2029
- Figure 102:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY CATHODE, USD, GERMANY, 2017 - 2029
- Figure 103:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 104:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ELECTROLYTE, UNITS, GERMANY, 2017 - 2029
- Figure 105:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY ELECTROLYTE, USD, GERMANY, 2017 - 2029
- Figure 106:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 107:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY SEPARATOR, UNITS, GERMANY, 2017 - 2029
- Figure 108:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY SEPARATOR, USD, GERMANY, 2017 - 2029
- Figure 109:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 110:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY MATERIAL TYPE, KG, GERMANY, 2017 - 2029
- Figure 111:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY MATERIAL TYPE, USD, GERMANY, 2017 - 2029
- Figure 112:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, MATERIAL TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 113:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, MATERIAL TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 114:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY COBALT, KG, GERMANY, 2017 - 2029
- Figure 115:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY COBALT, USD, GERMANY, 2017 - 2029
- Figure 116:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 117:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LITHIUM, KG, GERMANY, 2017 - 2029
- Figure 118:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY LITHIUM, USD, GERMANY, 2017 - 2029
- Figure 119:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 120:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY MANGANESE, KG, GERMANY, 2017 - 2029
- Figure 121:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY MANGANESE, USD, GERMANY, 2017 - 2029
- Figure 122:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 123:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NATURAL GRAPHITE, KG, GERMANY, 2017 - 2029
- Figure 124:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NATURAL GRAPHITE, USD, GERMANY, 2017 - 2029
- Figure 125:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 126:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NICKEL, KG, GERMANY, 2017 - 2029
- Figure 127:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY NICKEL, USD, GERMANY, 2017 - 2029
- Figure 128:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 129:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY OTHER MATERIALS, KG, GERMANY, 2017 - 2029
- Figure 130:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BY OTHER MATERIALS, USD, GERMANY, 2017 - 2029
- Figure 131:
- BREAKDOWN OF GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 132:
- GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2020 - 2022
- Figure 133:
- GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET, MOST ADOPTED STRATEGIES, 2020 - 2022
- Figure 134:
- GERMANY ELECTRIC COMMERCIAL VEHICLE BATTERY PACK MARKET SHARE(%), BY MAJOR PLAYER REVENUE, 2023
Germany Electric Commercial Vehicle Battery Pack Industry Segmentation
Bus, LCV, M&HDT are covered as segments by Body Type. 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 German commercial electric vehicle battery pack market is expected to grow significantly in the coming years. As of 2021, electric commercial vehicles comprised less than 1% of the country's total commercial vehicle fleet. However, with the increasing adoption of electric vehicles, the market share of electric commercial vehicles is expected to grow rapidly, driven by government regulations, environmental concerns, and the decreasing cost of battery technology. By 2030, Germany aims to have 40-50% of newly registered commercial vehicles to be electric, leading to a potential sales volume of over 300,000 electric commercial vehicles per year.
- With the growing demand for electric commercial vehicles, 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 decreased, reducing by around 80% over the past decade. However, battery pack costs remain a significant barrier to adopting electric commercial vehicles, and further cost reductions are required to make electric commercial vehicles more cost-competitive with their fossil fuel counterparts.
- With advancing technology and rising demand, the German market for battery packs for electric commercial vehicles has a bright future. Larger battery packs have been developed more often in recent years, and some manufacturers now sell battery packs with capacities of up to 1,000 kWh. The need to extend the range of commercial vehicles and decrease the charging frequency is driving this development.
| Body Type | Bus |
| LCV | |
| M&HDT | |
| 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, LCV (light commercial vehicle), M&HDT (medium & heavy duty trucks)and 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 2
- 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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