| Product Code: ETC4776138 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden`s battery import market continued to thrive with notable contributions from top exporting countries like Germany, China, Italy, Netherlands, and Slovakia. The low concentration level indicated by the Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 9.13% from 2020 to 2024 reflects sustained market expansion. Furthermore, the substantial growth rate of 22.37% from 2023 to 2024 highlights the increasing demand for batteries in Sweden, showcasing a positive outlook for the industry`s future.
By 2027, the Battery market in Sweden is anticipated to reach a growth rate of 4.35%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Battery Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Battery Market - Industry Life Cycle |
3.4 Sweden Battery Market - Porter's Five Forces |
3.5 Sweden Battery Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Sweden Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in demand for electric vehicles in Sweden leading to higher battery consumption |
4.2.2 Government incentives and policies promoting the adoption of renewable energy solutions |
4.2.3 Growing awareness about environmental sustainability driving the demand for energy storage solutions using batteries |
4.3 Market Restraints |
4.3.1 High initial costs associated with battery technology adoption |
4.3.2 Dependence on raw materials like lithium and cobalt, leading to supply chain challenges |
4.3.3 Technological limitations impacting the efficiency and storage capacity of batteries |
5 Sweden Battery Market Trends |
6 Sweden Battery Market Segmentations |
6.1 Sweden Battery Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sweden Battery Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Sweden Battery Market Revenues & Volume, By Lithium Ion, 2021-2031F |
6.1.4 Sweden Battery Market Revenues & Volume, By Nickel Metal Hydride, 2021-2031F |
6.1.5 Sweden Battery Market Revenues & Volume, By Nickel Cadmium, 2021-2031F |
6.1.6 Sweden Battery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sweden Battery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sweden Battery Market Revenues & Volume, By Automotive Batteries, 2021-2031F |
6.2.3 Sweden Battery Market Revenues & Volume, By Industrial Batteries, 2021-2031F | 6.2.4 Sweden Battery Market Revenues & Volume, By Portable Batteries, 2021-2031F |
7 Sweden Battery Market Import-Export Trade Statistics |
7.1 Sweden Battery Market Export to Major Countries |
7.2 Sweden Battery Market Imports from Major Countries |
8 Sweden Battery Market Key Performance Indicators |
8.1 Average battery life expectancy in years |
8.2 Percentage of renewable energy sources in Sweden's energy mix |
8.3 Number of charging stations for electric vehicles in Sweden |
9 Sweden Battery Market - Opportunity Assessment |
9.1 Sweden Battery Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Sweden Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Battery Market - Competitive Landscape |
10.1 Sweden Battery Market Revenue Share, By Companies, 2024 |
10.2 Sweden Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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