Poland Battery Market Size & Outlook, 2023-2030
Poland battery market, 2018-2030 (US$M)
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Poland battery market highlights
- The Poland battery market generated a revenue of USD 487.9 million in 2023 and is expected to reach USD 1,958.4 million by 2030.
- The Poland market is expected to grow at a CAGR of 22% from 2024 to 2030.
- In terms of segment, lithium ion was the largest revenue generating product in 2023.
- Lithium Ion is the most lucrative product segment registering the fastest growth during the forecast period.
Battery market data book summary
| Market revenue in 2023 | USD 487.9 million |
| Market revenue in 2030 | USD 1,958.4 million |
| Growth rate | 22% (CAGR from 2023 to 2030) |
| Largest segment | Lithium ion |
| Fastest growing segment | Lithium Ion |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lead Acid, Lithium Ion, Nickel-based, Sodium-ion, Flow Battery, Small Sealed Lead-acid Batteries |
| Key market players worldwide | BYD Co Ltd ADR, GS Yuasa Corp, Hitachi Ltd, Johnson Controls International PLC, LG Chem, NEC Corp, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Poland accounted for 0.4% of the global battery market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK battery market is projected to lead the regional market in terms of revenue in 2030.
- Belgium is the fastest growing regional market in Europe and is projected to reach USD 1,494.7 million by 2030.
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Battery Market Scope
Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Poland battery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery market will help companies and investors design strategic landscapes.
Lithium ion was the largest segment with a revenue share of 49.7% in 2023. Horizon Databook has segmented the Poland battery market based on lead acid, lithium ion, nickel-based, sodium-ion, flow battery, small sealed lead-acid batteries covering the revenue growth of each sub-segment from 2018 to 2030.
Poland is home to the largest car battery production plant in Europe. Poland's ambitious goals to reduce greenhouse gas emissions and increase the share of renewable energy Sources: The Advanced Battery Consortium (ALABC), Battery Council International, International Lead Association, Canadian Battery Association (CBA), EPA, Primary Interviews, Grand View Research are creating a high demand for energy storage solutions to support energy transition.
According to the Polish Alternative Fuels Association (PSPA), Poland plays a leading role in the battery supply chain. Following a series of investments in lithium-ion battery production, Poland's production capacity rose to 73 GWh in 2022, overtaking the U.S. to become the second-largest in the world.
The country has 6% of the world's manufacturing capacity, compared to 14% of all European countries combined. Electric vehicle batteries and their components are becoming an increasingly important sector of the Polish manufacturing sector.
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Horizon Databook provides a detailed overview of country-level data and insights on the Poland battery market , including forecasts for subscribers. This country databook contains high-level insights into Poland battery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Poland battery market size, by product, 2018-2030 (US$M)
Poland Battery Market Outlook Share, 2023 & 2030 (US$M)
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