Germany EV Battery Pack Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 10.49 Billion |
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Market Size (2029) | USD 25.03 Billion |
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Largest Share by Propulsion Type | BEV |
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CAGR (2024 - 2029) | 18.99 % |
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Fastest Growing by Propulsion Type | BEV |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Germany EV Battery Pack Market Analysis
The Germany EV Battery Pack Market size is estimated at 10.49 billion USD in 2024, and is expected to reach 25.03 billion USD by 2029, growing at a CAGR of 18.99% during the forecast period (2024-2029).
10.49 Billion
Market Size in 2024 (USD)
25.03 Billion
Market Size in 2029 (USD)
172.95 %
CAGR (2021-2023)
18.99 %
CAGR (2024-2029)
Largest Segment by Body Type
96.94 %
value share, Passenger Car, 2023
The market is largely made up of sales of passenger vehicles. The significant presence shows interested customers in ecologically friendly transit solutions.
Largest Segment by Propulsion Type
85.56 %
value share, BEV, 2023
BEVs are leading the charge in Germany's electric vehicle battery pack market, showcasing the country's commitment to sustainable transportation.
Largest Segment by Battery Chemistry
64.84 %
value share, NCM, 2023
NCM chemistry dominates the market, where measures for sustainable transportation are supported by the chemistry's high energy density and enhanced performance.
Largest Segment by Battery Form
46.77 %
value share, Pouch, 2023
The pouch battery packs reflect the emphasis on optimizing size, weight, and energy storage capacity to meet the demanding requirements of electric vehicles.
Leading Market Player
17.09 %
market share, SAIC Volkswagen Power Battery Co. Ltd., 2022
SAIC Volkswagen has established strong ties with various automakers. These relationships ensure ongoing contracts and collaborations, securing a steady demand for their battery packs.
Exponential growth is expected in Germany's adoption of battery electric vehicles, driving significant expansion in the battery pack market
- The market studied is expected to grow significantly in the coming years. As of 2021, electric vehicles comprised around 7% of the country's total vehicle fleet, with over 500,000 registered electric vehicles. By 2030, Germany aims to have 7-10 million electric vehicles on the road, leading to a potential sales volume of over 2 million electric vehicles per year. Government regulations, environmental concerns, and the decreasing cost of battery technology drive this shift toward electric vehicles.
- With the growing demand for electric vehicles, the battery pack market is also seeing significant growth in Germany. Battery density and range have steadily increased over the years, with some battery packs offering a range of over 600 km on a single charge. Lithium-ion batteries have become the most widely used technology in the market, accounting for over 95% of all electric vehicle battery packs sold. The cost of battery packs has also decreased, reducing around 87% over the past decade. However, battery pack remains a significant barrier to adopting electric vehicles, and further cost reductions are required to make electric vehicles more cost-competitive with their fossil fuel counterparts.
- The market studied appears to have a bright future because of continued technological developments and rising demand. Larger battery packs have been developed more often in recent years, and some manufacturers now sell battery packs with capacities of up to 200 kWh. The desire to extend the range of electric vehicles and decrease the charging frequency is driving this development.
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Germany EV 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 EV Battery Pack Industry Overview
The Germany EV Battery Pack Market is fragmented, with the top five companies occupying 25.03%. The major players in this market are BYD Company Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), LG Energy Solution Ltd., SAIC Volkswagen Power Battery Co. Ltd. and Samsung SDI Co. Ltd. (sorted alphabetically).
Germany EV Battery Pack Market Leaders
BYD Company Ltd.
Contemporary Amperex Technology Co. Ltd. (CATL)
LG Energy Solution Ltd.
SAIC Volkswagen Power Battery Co. Ltd.
Samsung SDI Co. Ltd.
Other important companies include ARADEX Aktiengesellschaft, Automotive Cells Company (ACC), BMZ Batterien-Montage-Zentrum GmbH, Deutsche ACCUmotive GmbH & Co. KG, Dynamis Batterien GmbH, Groupe Renault, Monbat AD, Robert Bosch GmbH, SK Innovation Co. Ltd., Valeo Siemens eAutomotive, ZF Friedrichshafen AG.
*Disclaimer: Major Players sorted in alphabetical order.
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Germany EV Battery Pack Market News
- May 2023: CATL announced that CATL Geely (Sichuan) Power Battery Co., Ltd. (CATL Geely) obtained a carbon neutrality certificate from TÜV Rheinland, marking that the company realized carbon neutrality in 2022. CATL Geely is a wholly-owned subsidiary of CATL Geely Power Battery Co., Ltd., a joint venture between CATL and Zeekr.
- May 2023: Invest in Thuringia announced that Contemporary Amperex Technology Co. Ltd. (CATL) is building its first battery cell manufacturing facility outside of China in the industry park “Erfurter Kreuz” and officially launched its local production of lithium-ion cells at the end of January 2023.
- February 2023: ACC has signed a contract with CRITT M2A, a leading reference center for electromobility, for the quality testing of its first Gigafactory battery production in Billy-Berclau Douvrin.
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 EV 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 Vehicle Sales
- 4.2 Electric 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
- 5.1.4 Passenger Car
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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 ARADEX Aktiengesellschaft
- 6.4.2 Automotive Cells Company (ACC)
- 6.4.3 BMZ Batterien-Montage-Zentrum GmbH
- 6.4.4 BYD Company Ltd.
- 6.4.5 Contemporary Amperex Technology Co. Ltd. (CATL)
- 6.4.6 Deutsche ACCUmotive GmbH & Co. KG
- 6.4.7 Dynamis Batterien GmbH
- 6.4.8 Groupe Renault
- 6.4.9 LG Energy Solution Ltd.
- 6.4.10 Monbat AD
- 6.4.11 Robert Bosch GmbH
- 6.4.12 SAIC Volkswagen Power Battery Co. Ltd.
- 6.4.13 Samsung SDI Co. Ltd.
- 6.4.14 SK Innovation Co. Ltd.
- 6.4.15 Valeo Siemens eAutomotive
- 6.4.16 ZF Friedrichshafen AG
- *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 EV BATTERY PACK MARKET, KWH, GERMANY, 2017 - 2029
- Figure 12:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, USD, GERMANY, 2017 - 2029
- Figure 13:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BODY TYPE, KWH, GERMANY, 2017 - 2029
- Figure 14:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BODY TYPE, USD, GERMANY, 2017 - 2029
- Figure 15:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 16:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 17:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BUS, KWH, GERMANY, 2017 - 2029
- Figure 18:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BUS, USD, GERMANY, 2017 - 2029
- Figure 19:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 20:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LCV, KWH, GERMANY, 2017 - 2029
- Figure 21:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LCV, USD, GERMANY, 2017 - 2029
- Figure 22:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 23:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY M&HDT, KWH, GERMANY, 2017 - 2029
- Figure 24:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY M&HDT, USD, GERMANY, 2017 - 2029
- Figure 25:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 26:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PASSENGER CAR, KWH, GERMANY, 2017 - 2029
- Figure 27:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PASSENGER CAR, USD, GERMANY, 2017 - 2029
- Figure 28:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 29:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PROPULSION TYPE, KWH, GERMANY, 2017 - 2029
- Figure 30:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PROPULSION TYPE, USD, GERMANY, 2017 - 2029
- Figure 31:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 32:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, PROPULSION TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 33:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BEV, KWH, GERMANY, 2017 - 2029
- Figure 34:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BEV, USD, GERMANY, 2017 - 2029
- Figure 35:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 36:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PHEV, KWH, GERMANY, 2017 - 2029
- Figure 37:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PHEV, USD, GERMANY, 2017 - 2029
- Figure 38:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 39:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BATTERY CHEMISTRY, KWH, GERMANY, 2017 - 2029
- Figure 40:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BATTERY CHEMISTRY, USD, GERMANY, 2017 - 2029
- Figure 41:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BATTERY CHEMISTRY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 42:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BATTERY CHEMISTRY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 43:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LFP, KWH, GERMANY, 2017 - 2029
- Figure 44:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LFP, USD, GERMANY, 2017 - 2029
- Figure 45:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 46:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NCA, KWH, GERMANY, 2017 - 2029
- Figure 47:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NCA, USD, GERMANY, 2017 - 2029
- Figure 48:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 49:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NCM, KWH, GERMANY, 2017 - 2029
- Figure 50:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NCM, USD, GERMANY, 2017 - 2029
- Figure 51:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 52:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NMC, KWH, GERMANY, 2017 - 2029
- Figure 53:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NMC, USD, GERMANY, 2017 - 2029
- Figure 54:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 55:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY OTHERS, KWH, GERMANY, 2017 - 2029
- Figure 56:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY OTHERS, USD, GERMANY, 2017 - 2029
- Figure 57:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 58:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CAPACITY, KWH, GERMANY, 2017 - 2029
- Figure 59:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CAPACITY, USD, GERMANY, 2017 - 2029
- Figure 60:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, CAPACITY, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 61:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, CAPACITY, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 62:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, KWH, GERMANY, 2017 - 2029
- Figure 63:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY 15 KWH TO 40 KWH, USD, GERMANY, 2017 - 2029
- Figure 64:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 65:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 66:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY 40 KWH TO 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 67:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 68:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ABOVE 80 KWH, KWH, GERMANY, 2017 - 2029
- Figure 69:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ABOVE 80 KWH, USD, GERMANY, 2017 - 2029
- Figure 70:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 71:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LESS THAN 15 KWH, KWH, GERMANY, 2017 - 2029
- Figure 72:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LESS THAN 15 KWH, USD, GERMANY, 2017 - 2029
- Figure 73:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 74:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BATTERY FORM, KWH, GERMANY, 2017 - 2029
- Figure 75:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY BATTERY FORM, USD, GERMANY, 2017 - 2029
- Figure 76:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BATTERY FORM, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 77:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BATTERY FORM, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 78:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CYLINDRICAL, KWH, GERMANY, 2017 - 2029
- Figure 79:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CYLINDRICAL, USD, GERMANY, 2017 - 2029
- Figure 80:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 81:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY POUCH, KWH, GERMANY, 2017 - 2029
- Figure 82:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY POUCH, USD, GERMANY, 2017 - 2029
- Figure 83:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 84:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PRISMATIC, KWH, GERMANY, 2017 - 2029
- Figure 85:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY PRISMATIC, USD, GERMANY, 2017 - 2029
- Figure 86:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 87:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY METHOD, KWH, GERMANY, 2017 - 2029
- Figure 88:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY METHOD, USD, GERMANY, 2017 - 2029
- Figure 89:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, METHOD, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 90:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, METHOD, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 91:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LASER, KWH, GERMANY, 2017 - 2029
- Figure 92:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LASER, USD, GERMANY, 2017 - 2029
- Figure 93:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 94:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY WIRE, KWH, GERMANY, 2017 - 2029
- Figure 95:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY WIRE, USD, GERMANY, 2017 - 2029
- Figure 96:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 97:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY COMPONENT, UNITS, GERMANY, 2017 - 2029
- Figure 98:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY COMPONENT, USD, GERMANY, 2017 - 2029
- Figure 99:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, COMPONENT, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 100:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, COMPONENT, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 101:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ANODE, UNITS, GERMANY, 2017 - 2029
- Figure 102:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ANODE, USD, GERMANY, 2017 - 2029
- Figure 103:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 104:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CATHODE, UNITS, GERMANY, 2017 - 2029
- Figure 105:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY CATHODE, USD, GERMANY, 2017 - 2029
- Figure 106:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 107:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ELECTROLYTE, UNITS, GERMANY, 2017 - 2029
- Figure 108:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY ELECTROLYTE, USD, GERMANY, 2017 - 2029
- Figure 109:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 110:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY SEPARATOR, UNITS, GERMANY, 2017 - 2029
- Figure 111:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY SEPARATOR, USD, GERMANY, 2017 - 2029
- Figure 112:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 113:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY MATERIAL TYPE, KG, GERMANY, 2017 - 2029
- Figure 114:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY MATERIAL TYPE, USD, GERMANY, 2017 - 2029
- Figure 115:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, MATERIAL TYPE, VOLUME SHARE (%), GERMANY, 2022 & 2029
- Figure 116:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, MATERIAL TYPE, VALUE SHARE (%), GERMANY, 2022 & 2029
- Figure 117:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY COBALT, KG, GERMANY, 2017 - 2029
- Figure 118:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY COBALT, USD, GERMANY, 2017 - 2029
- Figure 119:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 120:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LITHIUM, KG, GERMANY, 2017 - 2029
- Figure 121:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY LITHIUM, USD, GERMANY, 2017 - 2029
- Figure 122:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 123:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY MANGANESE, KG, GERMANY, 2017 - 2029
- Figure 124:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY MANGANESE, USD, GERMANY, 2017 - 2029
- Figure 125:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 126:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NATURAL GRAPHITE, KG, GERMANY, 2017 - 2029
- Figure 127:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NATURAL GRAPHITE, USD, GERMANY, 2017 - 2029
- Figure 128:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 129:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NICKEL, KG, GERMANY, 2017 - 2029
- Figure 130:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY NICKEL, USD, GERMANY, 2017 - 2029
- Figure 131:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 132:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY OTHER MATERIALS, KG, GERMANY, 2017 - 2029
- Figure 133:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BY OTHER MATERIALS, USD, GERMANY, 2017 - 2029
- Figure 134:
- BREAKDOWN OF GERMANY EV BATTERY PACK MARKET, BODY TYPE, VALUE SHARE (%), GERMANY, 2017-2029
- Figure 135:
- GERMANY EV BATTERY PACK MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2020 - 2022
- Figure 136:
- GERMANY EV BATTERY PACK MARKET, MOST ADOPTED STRATEGIES, 2020 - 2022
- Figure 137:
- GERMANY EV BATTERY PACK MARKET SHARE(%), BY MAJOR PLAYER REVENUE, 2023
Germany EV Battery Pack Industry Segmentation
Bus, LCV, M&HDT, Passenger Car 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 market studied is expected to grow significantly in the coming years. As of 2021, electric vehicles comprised around 7% of the country's total vehicle fleet, with over 500,000 registered electric vehicles. By 2030, Germany aims to have 7-10 million electric vehicles on the road, leading to a potential sales volume of over 2 million electric vehicles per year. Government regulations, environmental concerns, and the decreasing cost of battery technology drive this shift toward electric vehicles.
- With the growing demand for electric vehicles, the battery pack market is also seeing significant growth in Germany. Battery density and range have steadily increased over the years, with some battery packs offering a range of over 600 km on a single charge. Lithium-ion batteries have become the most widely used technology in the market, accounting for over 95% of all electric vehicle battery packs sold. The cost of battery packs has also decreased, reducing around 87% over the past decade. However, battery pack remains a significant barrier to adopting electric vehicles, and further cost reductions are required to make electric vehicles more cost-competitive with their fossil fuel counterparts.
- The market studied appears to have a bright future because of continued technological developments and rising demand. Larger battery packs have been developed more often in recent years, and some manufacturers now sell battery packs with capacities of up to 200 kWh. The desire to extend the range of electric vehicles and decrease the charging frequency is driving this development.
| Body Type | Bus |
| LCV | |
| M&HDT | |
| Passenger Car | |
| 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, passenger cars, 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 1
- Vehicle Type - Vehicle type considered under this segment include passenger vehicles, and 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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