0
Upcoming Allied Market Research
2023
Second Life Electric Vehicle Battery Market

Second Life Electric Vehicle Battery Market

by Vehicle Type (Passenger Cars, Commercial Vehicles), by Battery Type (Lithium-Ion, Lead-Acid, Others), by Battery Capacity (Less than 100 kWh, 100-200 kWh, 200-300 kWh, and300 kWh) and by Application (Electric Vehicle Charging, Grid-Scale Energy Storage, Residential Energy Storage, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A10731
Pages: NA
Jul 2023 | 3540 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Second Life Electric Vehicle Battery Market

Request Now !

Second Life Electric Vehicle Battery Market Outlook – 2027

The second life electric vehicle battery is subjected to recycling or recovering critical energy materials from a battery for reusing in various secondary applications with a promising strategy of making productivity out of these energy materials. Electric vehicles (EV) batteries have a tough life as subjected to extreme operating temperatures, hundreds of partial cycles a year, and change in discharge rates, lithium-ion batteries in electric vehicles (EV) applications degrade strongly during the first five years of operation and are designed for approximately a decade of useful life in most cases. The economic potential for battery reuse as a second-life could help to further decrease the upfront costs of electric vehicles (EV) batteries and increase the value of a used electric vehicle (EV). The continued growth of electric vehicles has led to a question on its most expensive components, the manufacturing companies are tackling these challenges by adapting to these measures to overcome with this mindset of the market. Hence, the second life battery measures will be very effective and is expected to lead to the growth of the second life electric vehicle battery market during the forecast period.

COVID-19 scenario analysis:

  • The global economy is highly dependent on the automotive industry, however, the complete shutdown has tremendously affected the automobile industry.

  • The global automobile sector has faced the most challenges during COVID-19 as their production houses were shut, their inventories are overflowing and the demand has disappeared from the market.

  • The supply chain has been broken for a very long while now due to lockdown and the demand is completely vanished out of the market which will take a very long time to revive back again.

  • With a large amount of attention devoted to the electric vehicle, deriving the real market prospects and opportunities can be difficult in the pandemic.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The top impacting factors can be a regulatory push toward efficient technologies and global measures by OEMs to increase the customer's preference toward electric vehicles (EV) is expected to boost the market in the forecast period. However, the higher cost as compared to traditional steering systems and lack of steering feel will restrain the growth of the market. Furthermore, penetration in commercial vehicles and enabling ADAS features in EVs will create new opportunities in the market.

The second life electric vehicle battery market trends are as follows:

The regulatory push toward efficient technologies

The manufacturing companies are regularly innovating advanced techniques to enhance customer's luxury in their vehicles and improve sales in developing economies such as China and India. Hence, companies are adapting to a better safety system, which is expected to further boost the second-life electric vehicle battery market during the forecast period.

Global measures by OEMs to increase the customer's preference for electric vehicles (EV)

The automobile manufacturers are incorporating several systems in vehicles that attract the attention of more customers by advancing their design or implementing new strategies for the vehicles. Advanced features are no longer restricted to premium vehicles, it has further developed to regular running vehicles as well. Consumers are now more concerned about the afterlife, reselling of the vehicle, and technological advancement, and therefore, they are more interested in opting for vehicles that are equipped with better sources and are expected to fuel the second-life electric vehicle battery market during the forecast period.

Key benefits of the report:

  • This study presents the analytical depiction of the second life electric vehicle battery market industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the second life electric vehicle battery market share.

  • The current market is quantitatively analyzed to highlight the second-life electric vehicle battery market scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

  • The report provides a detailed second-life electric vehicle battery market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the second life electric vehicle battery market research report:

  • Which are the leading market players active in the second life electric vehicle battery market?

  • What are the current trends that will influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What are the projections for the future that would help in taking further strategic steps?

Second Life Electric Vehicle Battery Market Report Highlights

Aspects Details
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
By Battery Type
  • Lithium-Ion
  • Lead–Acid
  • Others
By Battery Capacity
  • <100 kWh
  • 100–200 kWh
  • 200–300 kWh
  • >300 kWh
By Application
  • Electric Vehicle Charging
  • Grid-Scale Energy Storage
  • Residential Energy Storage
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Morris Garages, Rivian, BMW, Applied Energy, Beijing Electric Vehicle, Proterra, Daimler AG, Mercedes-Benz Energy, Hyundai, Nissan
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Second Life Electric Vehicle Battery Market

Start reading.
This Report and over 54,961+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers