독일의 이차 전지 시장 전망 : 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Germany Rechargeable Battery Market size is estimated at USD 5.36 billion in 2025, and is expected to reach USD 12.31 billion by 2030, at a CAGR of 18.09% during the forecast period (2025-2030).

Key Highlights

• Over the medium term, rising electric vehicle (EV) adoption and declining lithium-ion battery prices are expected to drive the demand for rechargeable batteries during the forecast period.
• On the other hand, the lack of raw material reserves can significantly restrain the growth of the Germany rechargeable battery market.
• Nevertheless, the growing adoption of wearable devices like smartwatches, wireless earphones, smart bands, and more are expected to create significant opportunities for rechargeable battery market players in the near future.

Germany Rechargeable Battery Market Trends

Lithium-Ion Battery Type Dominate the Market

• The lithium-ion rechargeable batteries are outpacing other technologies, due to their superior capacity-to-weight ratio. Their growing adoption is further fueled by advantages like extended lifespan, minimal maintenance, enhanced shelf life, and a notable drop in prices.
• While lithium-ion batteries traditionally commanded a premium over their counterparts, leading market players have been ramping up investments. Their focus on achieving economies of scale and bolstering R&D efforts has intensified competition, subsequently driving down prices.
• In 2023, lithium-ion battery prices dipped to USD 139/kWh, marking a significant 13% drop. With ongoing technological innovations and manufacturing refinements, projections suggest prices will further decline to USD 113/kWh by 2025 and reach USD 80/kWh by 2030.
• The surging demand for lithium-ion batteries is largely attributed to their pivotal role in the shift towards renewable energy and electric mobility. Given the intermittent nature of renewable sources like solar and wind, there's a pressing need for dependable energy storage. Lithium-ion batteries play a crucial role in energy storage systems, helping to balance supply and demand and maintain grid stability.
• As battery energy storage projects proliferate in the region, leading companies are actively contracting to establish storage infrastructures nationwide. A notable example is NGEN, a Slovenian firm, which in June 2024, inked a deal with Uniper, a German state-owned gas entity. They are set to construct a 50 MW/100 MWh battery energy storage facility at the Heyden power station site, a project valued at nearly EUR 50 million (USD 54 million) and slated to commence operations in 2025. Such undertakings are poised to bolster the demand for lithium-ion batteries in storage facilities during the forecast period.
• In response to the surging demand for lithium-ion batteries, governments are rolling out generous subsidies and incentives, aiming to amplify local production and spur innovation. A case in point: Northvolt, a Swedish battery specialist, received a substantial boost of about EUR 700 million (USD 758 million) in subsidies from both Germany and Schleswig-Holstein for establishing a battery factory in northern Germany. Such governmental backing is set to accelerate domestic battery production and subsequently heighten the demand for lithium-ion batteries in the years ahead.
• Given these developments, the demand for lithium-ion rechargeable batteries is poised for growth in the forecast period.

Growth in Electric Vehicle Adoption to Drive the Market

• For a long time, vehicles with internal combustion engines (ICE) dominated the market. However, as environmental concerns grow, there's a noticeable shift towards electric vehicles (EVs). Predominantly, EVs utilize lithium-ion rechargeable batteries, favored for their high energy density, lightweight nature, low self-discharge rates, and minimal maintenance needs.
• Plug-in hybrids and electric vehicles are powered by lithium-ion battery systems. Their unmatched energy density, rapid recharge capability, and robust discharge power make lithium-ion batteries the sole technology meeting OEM standards for driving range and charging time. In contrast, lead-based traction batteries fall short for full hybrids or EVs due to their heftier weight and reduced energy efficiency.
• Germany has seen a remarkable surge in electric vehicle adoption recently. For example, the International Energy Agency (IEA) reported that in 2023, battery electric vehicle sales reached 0.52 million, marking a 10.6% increase from 2022. Projections indicate a substantial rise in EV sales across the region in the coming years.
• To foster this growth, Germany has rolled out multiple policies championing electric vehicles and steering the nation towards a low-carbon transport future. These initiatives have bolstered the demand for lithium-ion batteries. In 2023, the government unveiled ambitious plans to boost EV production and expedite the journey to zero carbon emissions.
• Germany's commitment is evident with the introduction of the High-Tech Strategy 2025 and backing for the European Battery Innovation project, both emphasizing battery tech and EV research. Additionally, a substantial subsidy initiative aims to further the electric vehicle cause. New EV buyers benefit from a subsidy of up to EUR 6,000 (USD 6,500), while plug-in hybrids enjoy up to EUR 4,500 (USD 4,900). Such measures are poised to amplify EV production and, consequently, the demand for rechargeable batteries in the foreseeable future.
• Moreover, the regional shift towards electric vehicles is undeniable. Major companies are ramping up investments and projects to boost EV production. A case in point: Ford's June 2023 announcement of a USD 2 billion EV factory in Cologne, Germany, targeting an annual output of 250,000 vehicles. This Cologne plant is a stepping stone towards Ford's ambitious goal of 2 million EVs by 2026. Such endeavors not only bolster EV production but also signal a rising demand for lithium-ion batteries.
• In summary, with these concerted efforts, Germany is set to see a surge in EV sales, an expanded charging infrastructure, and an increased appetite for rechargeable batteries in the coming years.

Germany Rechargeable Battery Industry Overview

The Germany rechargeable battery market is semi-fragmented. Some of the key players (not in particular order) are BYD Company Ltd, Duracell Inc., Exide Technologies, EnerSys, and Panasonic Holdings Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Scope of the Study
• 1.2 Market Definition
• 1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

• 4.1 Introduction
• 4.2 Market Size and Demand Forecast, in USD, till 2029
• 4.3 Recent Trends and Developments
• 4.4 Government Policies and Regulations
• 4.5 Market Dynamics
  • 4.5.1 Drivers
    • 4.5.1.1 Increasing Electric Vehicle (EV) Adoption
    • 4.5.1.2 Declining Lithium-ion Battery Prices
  • 4.5.2 Restraints
    • 4.5.2.1 Lack of Raw Material Reserves
• 4.6 Supply Chain Analysis
• 4.7 PESTLE Analysis
• 4.8 Investment Analysis

5 MARKET SEGMENTATION

• 5.1 Technology
  • 5.1.1 Lithium-ion
  • 5.1.2 Lead-Acid
  • 5.1.3 Other Technologies (NiMh, Nicd, etc.)
• 5.2 Application
  • 5.2.1 Automotive Batteries
  • 5.2.2 Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.)
  • 5.2.3 Portable Batteries (Consumer Electronics, etc.)
  • 5.2.4 Other Applications

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Strategies Adopted by Leading Players
• 6.3 Company Profiles
  • 6.3.1 BYD Company Ltd
  • 6.3.2 Duracell Inc.
  • 6.3.3 EnerSys
  • 6.3.4 Panasonic Holdings Corporation
  • 6.3.5 Energizer
  • 6.3.6 Exide Industries Ltd
  • 6.3.7 Saft Groupe SA
  • 6.3.8 Varta AG
  • 6.3.9 BMZ Group
  • 6.3.10 Akasol AG
• 6.4 List of Other Prominent Companies
• 6.5 Market Ranking/ Share Analysis

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Growing Adoption of Wearable Devices