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Global Second-life EV Batteries Market to Reach $34.7 Billion by 2027 - ResearchAndMarkets.com

By Business Wire

Business Wire
Overall Rating


DUBLIN--(BUSINESS WIRE)--The "Second-life EV Batteries Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Second-life EV Batteries Market is projected to reach USD 34,758.46 million by 2027 from USD 19,717.27 million in 2021, at a CAGR 9.90% during the forecast period.

Market Statistics

  • The Americas Second-life EV Batteries Market size was estimated at USD 6,454.94 million in 2021 and expected to reach USD 7,009.22 million in 2022, at a CAGR 9.59% to reach USD 11,184.62 million by 2027.
  • The Asia-Pacific Second-life EV Batteries Market size was estimated at USD 5,802.30 million in 2021 and expected to reach USD 6,394.82 million in 2022, at a CAGR 10.27% to reach USD 10,433.83 million by 2027.
  • The Europe, Middle East & Africa Second-life EV Batteries Market size was estimated at USD 7,460.03 million in 2021 and expected to reach USD 8,153.66 million in 2022, at a CAGR 9.89% to reach USD 13,140.00 million by 2027.

Market Segmentation & Coverage:

Type:

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

Application:

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

Key Players

  • Bayerische Motoren Werke AG
  • BYD Company Ltd.
  • Connected Energy Ltd.
  • Daimler AG
  • Hyundai Motor Company
  • Nissan Motor Co., Ltd.
  • ReJoule Inc.
  • Relectrify Pty Ltd
  • Tesla, Inc.
  • Toyota Motor Corporation

Key Topics Covered:

1. Preface

2. Research Methodology

3. Market Overview

4. Americas Second-life EV Batteries Market

5. Asia-Pacific Second-life EV Batteries Market

6. Europe, Middle East & Africa Second-life EV Batteries Market

Companies Mentioned

  • Bayerische Motoren Werke AG
  • BYD Company Ltd.
  • Connected Energy Ltd.
  • Daimler AG
  • Hyundai Motor Company
  • Nissan Motor Co., Ltd.
  • ReJoule Inc.
  • Relectrify Pty Ltd
  • Tesla, Inc.
  • Toyota Motor Corporation

For more information about this report visit https://www.researchandmarkets.com/r/eag765


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First published on Thu, Jul 28, 2022

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