Projected market value of industrial batteries in Europe 2021-2031, by main country

Published by Statista Research Department, Feb 16, 2024

In 2023, batteries for industrial applications in Europe had a market value of some three billion U.S. dollars. Germany led the ranking, followed by the United Kingdom. France is forecast to overtake the UK by 2025, while Spain's industrial battery market will account for the largest compound annual growth rate from 2024 to 2031. 

More information on the global industrial battery market can be found here.

Market value of batteries for industrial applications in Europe from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

In cooperation with
Release date

February 2024

Region

Europe

Survey time period

2021 to 2023

Supplementary notes

*Figures underlie the following CAGR assumption for 2024 to 2031:

Germany - 5.01 percent
United Kingdom - 4.78 percent
France - 5.32 percent
Spain - 6.57 percent
Italy - 5.6 percent

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Energy supply in Germany "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Energy supply in Germany

Overview

5

Energy consumption and prices

8

Production and processing

8

Energy imports

8

Security of supply

8

Further Content: You might find this interesting as well

Topics

Battery and accumulator market in the UKElectric vehicles worldwideElectric vehicles in the United KingdomSolar power in the UKLithium-ion battery industry worldwide
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu