Second-life EV Batteries Market Intelligence Report - Global Forecast to 2027

Second-life EV Batteries Market Intelligence Report - Global Forecast to 2027

The Global Second-life EV Batteries Market is projected to reach USD 34,758.45 million by 2027 from USD 19,717.27 million in 2021, at a CAGR 9.90% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Second-life EV Batteries Market size was estimated at USD 6,247.41 million in 2021 and expected to reach USD 6,680.19 million in 2022, at a CAGR 9.10% to reach USD 10,535.91 million by 2027.
• The Asia-Pacific Second-life EV Batteries Market size was estimated at USD 6,004.89 million in 2021 and expected to reach USD 6,721.15 million in 2022, at a CAGR 10.74% to reach USD 11,080.10 million by 2027.
• The Europe, Middle East & Africa Second-life EV Batteries Market size was estimated at USD 7,464.95 million in 2021 and expected to reach USD 8,156.36 million in 2022, at a CAGR 9.88% to reach USD 13,142.44 million by 2027.

Market Segmentation & Coverage:

The report on second-life ev batteries identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the second-life ev batteries to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• Lead Acid
• Lithium-Ion
• Nickel
• Sodium-ion

Application:

• Commercial and Industrial Energy Storage
• EV Charging
• Grid Charging
• Off-grid
• Residential Energy Storage

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Connecticut
    • Florida
    • Illinois
    • Massachusetts
    • New York
    • Ohio
    • Pennsylvania
    • Texas
    • Wisconsin
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Bayerische Motoren Werke AG
• BYD Company Ltd.
• Connected Energy Ltd.
• Enel X S.r.l.
• Fortum Oyj
• Hyundai Motor Company
• Li-Cycle Corp.
• MAN Truck & Bus SE
• Mercedes-Benz Group AG
• Nissan Motor Co., Ltd.
• Nunam Technologies India Pvt. Ltd.
• Proterra, Inc.
• ReJoule Inc.
• Relectrify Pty Ltd.
• RWE AG
• Snam S.A.S.
• Toyota Motor Corporation

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 19,717.27 million

Estimated Year Value: USD 21,557.72 million

Forecast Year Value: USD 34,758.45 million

CAGR (%): 9.90%.

Please Note: PDF & Excel + Online Access - 1 Year