NMC LithiumIon Batteries Market Size, Share 2024

Germany NMC Lithium-Ion Batteries market size was valued at US$ 1.89 billion in 2024 and is projected to reach US$ 3.56 billion by 2030, at a CAGR of 11.10% during the forecast period 2024-2030.

Lithium-ion batteries using a cathode composed of nickel, manganese, and cobalt, known for high energy density. The German NMC Lithium-Ion Batteries market is a rapidly growing sector, driven by the country's push for electromobility and renewable energy storage. Key players include BASF, BMZ Group, and Varta. The market is closely tied to Germany's automotive industry, with major carmakers investing heavily in electric vehicle production. In 2024, NMC batteries accounted for approximately 70% of the lithium-ion batteries used in German-made electric vehicles. The industry is witnessing significant research and development efforts to improve battery performance, with a focus on increasing energy density and reducing costs. There's growing interest in developing more sustainable and ethically sourced battery materials, aligning with Germany's focus on responsible supply chains. Manufacturers are investing in large-scale production facilities to meet the growing demand from automotive and energy storage sectors. The market benefits from strong government support, including research funding and incentives for battery manufacturing. Challenges include competition from Asian battery manufacturers and the need to secure a stable supply of raw materials. As Germany positions itself as a leader in electric mobility and renewable energy, the NMC Lithium-Ion Batteries market is expected to see continued strong growth, supporting both domestic demand and export opportunities.

This report contains market size and forecasts of NMC Lithium-Ion Batteries in Germany, including the following market information:
•    Germany NMC Lithium-Ion Batteries Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    Germany NMC Lithium-Ion Batteries Market Sales, 2019-2024, 2024-2030,
•    Germany Top five NMC Lithium-Ion Batteries companies in 2023 (%)

Report Includes

This report presents an overview of Germany market for NMC Lithium-Ion Batteries , sales, revenue and price. Analyses of the Germany market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the NMC Lithium-Ion Batteries sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Germany NMC Lithium-Ion Batteries market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Under 5 KWh
•    5-25 KWh
•    25-100 KWh
•    100-300 KWh
•    More than 300 KWh

Segment by Applications

•    Smartphones
•    Laptops
•    Other Consumer Electronics
•    Industrial
•    Automotive
•    Others

Key Companies covered in this report:

•    Volkswagen Group
•    BASF SE
•    BMZ Group
•    Robert Bosch GmbH
•    VARTA AG
•    Continental AG
•    Varta Microbattery GmbH
•    TerraE Holding GmbH
•    Custom Cells Itzehoe GmbH
•    EAS Batteries GmbH

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies NMC Lithium-Ion Batteries revenues in Germanyn market, 2019-2024 (Estimated), ($ millions)
•    Key companies NMC Lithium-Ion Batteries revenues share in Germanyn market, 2023 (%)
•    Key companies NMC Lithium-Ion Batteries sales in Germanyn market, 2019-2024 (Estimated),
•    Key companies NMC Lithium-Ion Batteries sales share in Germanyn market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Germanyn Market Analysis: The report includes Germanyn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the NMC Lithium-Ion Batteries Market
•    Overview of the regional outlook of the NMC Lithium-Ion Batteries Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global NMC Lithium-Ion Batteries Market 
•    United States NMC Lithium-Ion Batteries Market 
•    Japan NMC Lithium-Ion Batteries Market 
•    Germany NMC Lithium-Ion Batteries Market 
•    South Korea NMC Lithium-Ion Batteries Market 
•    Indonesia NMC Lithium-Ion Batteries Market 
•    Brazil NMC Lithium-Ion Batteries Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.