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    UK Batteries Market

    ID: MRFR/E&P/53551-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    UK Batteries Market Research Report By Battery Type (Lead acid, Lithium ion, Nickel metal hydride, Nickel cadmium) and By Application (Two/Three Wheelers, Electric Cars, Heavy Vehicles, others)-Forecast to 2035

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    Table of Contents

    UK Batteries Market Summary

    The United Kingdom UK Batteries market is poised for substantial growth, with a projected valuation increase from 6.63 USD Billion in 2024 to 19.9 USD Billion by 2035.

    Key Market Trends & Highlights

    UK Batteries Key Trends and Highlights

    • The UK Batteries market is expected to grow from 6.63 USD Billion in 2024 to 19.9 USD Billion by 2035.
    • This market is projected to experience a compound annual growth rate (CAGR) of 10.51% from 2025 to 2035.
    • The increasing demand for energy storage solutions is likely to drive market expansion in the coming years.
    • Growing adoption of electric vehicles due to environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 6.63 (USD Billion)
    2035 Market Size 19.9 (USD Billion)
    CAGR (2025-2035) 10.51%

    Major Players

    GS Yuasa, Duracell, BYD Company, Saft Groupe, VARTA AG, Exide Technologies, Johnson Controls, Amara Raja Batteries, Panasonic, LG Chem, Tesla, CLARIOS, Sonnenschein

    UK Batteries Market Trends

    With plans to ban the sale of new petrol and diesel vehicles by 2030, the demand for electric vehicles is accelerating, thereby increasing the need for efficient battery solutions. Opportunities in the UK batteries market are ripe for exploration, particularly in developing sustainable and recyclable battery technologies.The United Kingdom is shifting towards a circular economy, which focuses on processes such as battery recycling and the utilization of recycled materials. Batteries are produced and integrated into the system.

    It provides new markets for technologies that recycle innovatively under the Environmental Objectives Policy Framework. There's a noticeable increase in investment towards establishing a local supply chain for battery manufacturing.

    Alongside these developments, the UK also seeks to diminish its dependence on imports, especially from China, by augmenting local production capabilities. Focus on further developing next-generation batteries with superior energy density and enhanced safety, like solid-state batteries, is evident through various partnerships and collaborations across the country's universities and industries.

    Moreover, as businesses and consumers become more aware of energy storage solutions, there is a growing interest in home battery systems that can store solar energy. The grid also benefits from this trend, as stored energy helps in balancing supply and demand, further supporting the UK’s renewable energy targets. The evolving landscape of the UK batteries market presents an exciting frontier for innovation and sustainability.

    UK Batteries Market Drivers

    Market Segment Insights

    UK Batteries Market Segment Insights

    UK Batteries Market Segment Insights

    Batteries Market Battery Type Insights

    Batteries Market Battery Type Insights

    The UK Batteries Market is witnessing significant growth, driven by the increasing demand for energy storage solutions across various sectors, including automotive, renewable energy, and consumer electronics. Battery Type serves as a critical segmentation within this market, comprising key technologies such as Lead acid, Lithium ion, Nickel metal hydride, and Nickel cadmium.

    Lead acid batteries have long been a staple due to their low cost and reliability, especially in automotive applications, where they are commonly used for starting, lighting, and ignition purposes.Meanwhile, Lithium ion batteries have gained substantial traction, particularly in electric vehicles and portable devices, owing to their high energy density and lightweight design, which is poised to dominate the market as sustainability becomes a priority.

    Nickel metal hydride batteries are also relevant, particularly in hybrid electric vehicles, where they serve as a bridge between traditional internal combustion engines and fully electric systems. Nickel cadmium batteries, although facing challenges from newer technologies, still maintain a presence in specialized applications where longevity and performance are paramount, particularly in power tools and emergency lighting.

    The evolving regulatory landscape in the UK, including initiatives to promote greener technologies, is further amplifying the need for advanced battery solutions, creating opportunities for innovation and market expansion. Overall, the diverse applications and distinct advantages of each battery type contribute to a dynamic UK Batteries Market that is adapting to the needs of a rapidly changing energy landscape while confronting challenges such as recycling and sustainability.

    Batteries Market Application Insights

    Batteries Market Application Insights

    The Application segment of the UK Batteries Market showcases significant diversity, emphasizing the rising demand across various modes of transportation. The increased adoption of Electric Cars reflects a trend towards sustainable mobility, considerably influenced by government initiatives aimed at reducing carbon emissions and promoting electric infrastructure. Within this segment, Two/Three Wheelers are gaining traction, particularly in urban environments where compact and energy-efficient transportation solutions are essential.

    Heavy Vehicles are also critical to the market, driven by the growing need for electric solutions in logistics and public transport, aligning with the UK’s commitment to enhancing air quality and reducing dependency on fossil fuels.

    This Application segment not only highlights the shift towards electrification in transportation but also presents substantial growth prospects, with advancements in battery technology facilitating longer ranges and faster charging. The UK Batteries Market segmentation underscores the critical role each of these categories plays in shaping a sustainable transport landscape, thereby enhancing overall market growth and contributing to economic development within the region.

    Get more detailed insights about UK Batteries Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The UK Batteries Market is characterized by a dynamic competitive landscape driven by the increasing demand for reliable, high-performance energy storage solutions across various sectors, including consumer electronics, automotive, telecommunications, and renewable energy. This competitive environment is shaped by innovation in battery technology, evolving consumer preferences, and a heightened focus on sustainability. Companies are investing significantly in research and development to create batteries that offer longer life cycles, faster charging capabilities, and improved environmental performance.

    The market features a mix of established players and emerging entrepreneurs, with competition intensifying as organizations seek to differentiate their offerings through advanced technology and superior customer service. The regulation of battery recycling and environmental standards further influences market dynamics, challenging companies to adopt eco-friendly practices while remaining profitable.

    Within this landscape, GS Yuasa has established a strong presence in the UK Batteries Market, leveraging over a century of experience in manufacturing and innovation. The company's strengths lie in its technical expertise and the diverse range of battery solutions it offers, including lead-acid and lithium-ion batteries for various applications. GS Yuasa has developed a reputation for reliability and performance, which is critical in industries such as automotive and industrial manufacturing.

    The company's focus on producing high-quality, long-lasting batteries has positioned it favorably amongst competitors, appealing to both consumer and commercial segments. GS Yuasa continues to adapt to market needs by enhancing its products and exploring advanced technologies, ensuring it remains competitive in an evolving market.Duracell, a well-known name in the UK Batteries Market, is recognized for its extensive portfolio of primary batteries, including alkaline, rechargeable, and specialty batteries.

    The company maintains a significant share of the consumer market, driven by its commitment to innovation and product development. Key products include Duracell Ultra, Duracell Plus, and a range of rechargeable options, catering to both everyday use and specialized needs. Duracell's strengths stem from its brand loyalty and extensive distribution network, ensuring that its products are widely available across retail and online channels.

    In recent years, Duracell has focused on sustainability initiatives, including introducing recyclable packaging and exploring partnerships that align with environmental goals. This commitment enhances its brand appeal in the environmentally conscious UK market. Though Duracell remains focused on organic growth, it has also engaged in strategic partnerships and collaborations to improve its market presence and expand its product offerings within the UK.

    Key Companies in the UK Batteries Market market include

    Industry Developments

    UK's Batteries Market is experiencing significant growth, driven by increasing demand for electric vehicles and renewable energy storage solutions. Recent developments include advancements in battery technology and government initiatives promoting clean energy. In March 2023, the UK government announced funding programs to boost battery manufacturing capabilities, focusing on collaboration with leading companies like Panasonic and LG Chem. Additionally, GS Yuasa has been expanding its production facilities to meet the evolving market needs.

    The market is also observing strategic mergers and acquisitions, with reports indicating that Tesla is exploring partnership opportunities with local firms for battery production, aiming to enhance its supply chain in the UK. VARTA AG has made strides in expanding its lithium-ion battery operations to cater to the growing demand, which has had a positive impact on its market valuation.

    Over the past few years, the UK Submarine Drones project unveiled in July 2022 emphasized the need for advanced battery technologies, showcasing the government's commitment to investing in innovative battery solutions. Furthermore, market analysts predict that with the rising adoption of energy storage systems, companies such as Amara Raja Batteries and Exide Technologies will play a crucial role in the UK’s energy transition strategy.

    Market Segmentation

    Outlook

    • Two/Three Wheelers
    • Electric Cars
    • Heavy Vehicles
    • others

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 5.75(USD Billion)
    MARKET SIZE 2024 6.63(USD Billion)
    MARKET SIZE 2035 19.9(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.503% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED GS Yuasa, Duracell, BYD Company, Saft Groupe, VARTA AG, Exide Technologies, Johnson Controls, Amara Raja Batteries, Panasonic, LG Chem, Tesla, CLARIOS, Sonnenschein
    SEGMENTS COVERED Battery Type, Application
    KEY MARKET OPPORTUNITIES Electric vehicles growth, Renewable energy storage, Sustainable battery materials, Smart grid integration, Recycling and repurposing initiatives
    KEY MARKET DYNAMICS growing electric vehicle demand, renewable energy integration, technological advancements in storage, government regulations and incentives, recycling and sustainability concerns
    COUNTRIES COVERED UK

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the projected market size of the UK Batteries Market in 2024?

    The UK Batteries Market is projected to be valued at 6.63 billion USD in 2024.

    What is the expected market value of the UK Batteries Market by 2035?

    The market is expected to reach a value of 19.9 billion USD by 2035.

    What is the expected compound annual growth rate (CAGR) for the UK Batteries Market from 2025 to 2035?

    The expected CAGR for the UK Batteries Market from 2025 to 2035 is 10.503 percent.

    Which battery type will have the highest market value in 2035?

    By 2035, the Lithium-ion battery type is expected to reach a market value of 10.5 billion USD.

    What are the market values of Lead acid batteries in 2024 and 2035?

    Lead acid batteries are valued at 2.15 billion USD in 2024 and are expected to increase to 5.75 billion USD in 2035.

    Who are the key players in the UK Batteries Market?

    Key players in the UK Batteries Market include GS Yuasa, Duracell, BYD Company, Saft Groupe, and VARTA AG.

    What market value do Nickel cadmium batteries hold in 2024?

    Nickel cadmium batteries are valued at 0.83 billion USD in 2024.

    What is the growth expectation for the Nickel metal hydride battery segment by 2035?

    The Nickel metal hydride battery segment is expected to grow to 2.8 billion USD by 2035.

    How is the market trend evolving in the UK Batteries Market?

    The UK Batteries Market is witnessing growth driven by advancements in battery technology and increased demand for electric vehicles.

    What regional factors are influencing the growth of the UK Batteries Market?

    The growth of the UK Batteries Market is influenced by government initiatives promoting renewable energy and sustainable practices.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. UK
    59. Batteries Market, BY Battery Type (USD Billion)
    60. Lead
    61. acid
    62. Lithium ion
    63. Nickel metal
    64. hydride
    65. Nickel cadmium
    66. UK
    67. Batteries Market, BY Application (USD Billion)
    68. Two/Three
    69. Wheelers
    70. Electric Cars
    71. Heavy
    72. Vehicles
    73. others
    74. Competitive Landscape
    75. Overview
    76. Competitive
    77. Analysis
    78. Market share Analysis
    79. Major
    80. Growth Strategy in the Batteries Market
    81. Competitive Benchmarking
    82. Leading
    83. Players in Terms of Number of Developments in the Batteries Market
    84. Key
    85. developments and growth strategies
    86. New Product Launch/Service
    87. Deployment
    88. Merger & Acquisitions
    89. Joint
    90. Ventures
    91. Major Players Financial Matrix
    92. Sales
    93. and Operating Income
    94. Major Players R&D Expenditure.
    95. Company
    96. Profiles
    97. GS Yuasa
    98. Financial
    99. Overview
    100. Products Offered
    101. Key
    102. Developments
    103. SWOT Analysis
    104. Key
    105. Strategies
    106. Duracell
    107. Financial
    108. Overview
    109. Products Offered
    110. Key
    111. Developments
    112. SWOT Analysis
    113. Key
    114. Strategies
    115. BYD Company
    116. Financial
    117. Overview
    118. Products Offered
    119. Key
    120. Developments
    121. SWOT Analysis
    122. Key
    123. Strategies
    124. Saft Groupe
    125. Financial
    126. Overview
    127. Products Offered
    128. Key
    129. Developments
    130. SWOT Analysis
    131. Key
    132. Strategies
    133. VARTA AG
    134. Financial
    135. Overview
    136. Products Offered
    137. Key
    138. Developments
    139. SWOT Analysis
    140. Key
    141. Strategies
    142. Exide Technologies
    143. Financial
    144. Overview
    145. Products Offered
    146. Key
    147. Developments
    148. SWOT Analysis
    149. Key
    150. Strategies
    151. Johnson Controls
    152. Financial
    153. Overview
    154. Products Offered
    155. Key
    156. Developments
    157. SWOT Analysis
    158. Key
    159. Strategies
    160. Amara Raja Batteries
    161. Financial
    162. Overview
    163. Products Offered
    164. Key
    165. Developments
    166. SWOT Analysis
    167. Key
    168. Strategies
    169. Panasonic
    170. Financial
    171. Overview
    172. Products Offered
    173. Key
    174. Developments
    175. SWOT Analysis
    176. Key
    177. Strategies
    178. LG Chem
    179. Financial
    180. Overview
    181. Products Offered
    182. Key
    183. Developments
    184. SWOT Analysis
    185. Key
    186. Strategies
    187. Tesla
    188. Financial
    189. Overview
    190. Products Offered
    191. Key
    192. Developments
    193. SWOT Analysis
    194. Key
    195. Strategies
    196. CLARIOS
    197. Financial
    198. Overview
    199. Products Offered
    200. Key
    201. Developments
    202. SWOT Analysis
    203. Key
    204. Strategies
    205. Sonnenschein
    206. Financial
    207. Overview
    208. Products Offered
    209. Key
    210. Developments
    211. SWOT Analysis
    212. Key
    213. Strategies
    214. References
    215. Related
    216. Reports
    217. LIST
    218. OF ASSUMPTIONS
    219. UK Batteries Market SIZE ESTIMATES &
    220. FORECAST, BY BATTERY TYPE, 2019-2035 (USD Billions)
    221. UK
    222. Batteries Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    223. PRODUCT
    224. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    225. ACQUISITION/PARTNERSHIP
    226. LIST
    227. Of figures
    228. MARKET SYNOPSIS
    229. UK
    230. BATTERIES MARKET ANALYSIS BY BATTERY TYPE
    231. UK BATTERIES
    232. MARKET ANALYSIS BY APPLICATION
    233. KEY BUYING CRITERIA OF
    234. BATTERIES MARKET
    235. RESEARCH PROCESS OF MRFR
    236. DRO
    237. ANALYSIS OF BATTERIES MARKET
    238. DRIVERS IMPACT ANALYSIS:
    239. BATTERIES MARKET
    240. RESTRAINTS IMPACT ANALYSIS: BATTERIES
    241. MARKET
    242. SUPPLY / VALUE CHAIN: BATTERIES MARKET
    243. BATTERIES
    244. MARKET, BY BATTERY TYPE, 2025 (% SHARE)
    245. BATTERIES MARKET,
    246. BY BATTERY TYPE, 2019 TO 2035 (USD Billions)
    247. BATTERIES
    248. MARKET, BY APPLICATION, 2025 (% SHARE)
    249. BATTERIES MARKET,
    250. BY APPLICATION, 2019 TO 2035 (USD Billions)
    251. BENCHMARKING
    252. OF MAJOR COMPETITORS

    UK Batteries Market Segmentation

    • Batteries Market By Battery Type (USD Billion, 2019-2035)

      • Lead acid
      • Lithium ion
      • Nickel metal hydride
      • Nickel cadmium

     

    • Batteries Market By Application (USD Billion, 2019-2035)

      • Two/Three Wheelers
      • Electric Cars
      • Heavy Vehicles
      • others

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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