Europe Lithium-Ion Battery Market Size & Outlook, 2025-2033

Europe Lithium-Ion Battery Market Highlights

Based on Market Strides findings, the Europe Lithium-Ion Battery Market size reached USD 7003.5 Million in 2024 and is expected to grow to USD 18,692.68 Million by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 11.52%.
Lithium-Ion represented the largest share of the By Type market in terms of size in 2024.
Among the By Type segments, Flow Batteries is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Europe Lithium-Ion Battery Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

In 2024, Europe accounted for 20.01% of the global Lithium-Ion Battery Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Russia is projected to emerge as the fastest-growing market in Europe, reaching USD 1906.54 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 7003.5 Million
Market Size In 2033	USD 18,692.68 Million
Largest segment	Lithium-Ion
Units	Revenue in USD Million
CAGR	11.52% (2025-2033)
Segmnetation Covered
Europe	Germany United Kingdom France Italy Spain Russia Nordic Benelux
By Type	Lithium-Ion Flow Batteries Solid-State
By Application	Utility-Scale Residential
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Europe Lithium-Ion Battery Market Country 2025-2033 (USD Million)

Europe	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Germany	XX.x	XX.x	XX.x	1798.5	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
United Kingdom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
France	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Italy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Spain	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Russia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Nordic	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Benelux	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe Lithium-Ion Battery Market By Type 2025-2033 (USD Million)

By Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Lithium-Ion	XX.x	XX.x	XX.x	3161.38	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Flow Batteries	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Solid-State	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe Lithium-Ion Battery Market By Application 2025-2033 (USD Million)

By Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Utility-Scale	XX.x	XX.x	XX.x	3870.13	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Residential	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.