The global Second-Life Battery Storage Systems market size is predicted to grow from US$ 601 million in 2025 to US$ 899 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Second-life battery storage systems refer to energy storage solutions that repurpose used batteries—typically from electric vehicles (EVs)—for secondary applications once their capacity is no longer sufficient for automotive use but still viable for other less demanding energy storage needs. These systems extend the overall lifecycle of batteries by utilizing them in applications such as grid stabilization, renewable energy storage, and backup power, thereby reducing environmental impact and enhancing cost-effectiveness. They offer a sustainable approach to battery lifecycle management by delaying recycling or disposal.
Second-life battery storage systems typically feature energy capacities ranging from 5 kWh for residential units to over 100 MWh for utility-scale deployments, with power outputs spanning 3 kW to 50+ MW depending on application. These systems reuse lithium-ion chemistries—mainly NMC, LFP, or NCA—from retired EV batteries that retain 70–85% state of health (SOH), offering 1,000 to 3,000 additional charge cycles. Operating at voltages between 48V (residential) and 1000V+ (grid-scale), they deliver round-trip efficiencies of 80–90%. Thermal management systems (passive or active) maintain safe operation across -10°C to +50°C, while advanced battery management systems (BMS) ensure state of charge (SOC), safety, and performance optimization. Configurations include wall-mounted units, modular racks, and 20- or 40-foot containerized enclosures, supporting on-grid, off-grid, or hybrid integration via communication protocols like Modbus, CANbus, or RS485.
The “Second-Life Battery Storage Systems Industry Forecast” looks at past sales and reviews total world Second-Life Battery Storage Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Second-Life Battery Storage Systems sales for 2025 through 2031. With Second-Life Battery Storage Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Second-Life Battery Storage Systems industry.
This Insight Report provides a comprehensive analysis of the global Second-Life Battery Storage Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Second-Life Battery Storage Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Second-Life Battery Storage Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Second-Life Battery Storage Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Second-Life Battery Storage Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Second-Life Battery Storage Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium Iron Phosphate (LFP)
Nickel Manganese Cobalt (NMC)
Nickel Cobalt Aluminum (NCA)
Hybrid Second-Life Systems
Segmentation by Application:
Residential
Commercial
Utility-Scale
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Connected Energy
B2U Storage Solutions
BeePlanet
Element Energy
Redwood Materials
Tesla Energy
CATL
Sonnen
Enphase Energy
Form Energy
LG Energy
Panasonic
BYD
Relectrify
Key Questions Addressed in this Report
What is the 10-year outlook for the global Second-Life Battery Storage Systems market?
What factors are driving Second-Life Battery Storage Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Second-Life Battery Storage Systems market opportunities vary by end market size?
How does Second-Life Battery Storage Systems break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Second-Life Battery Storage Systems Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Second-Life Battery Storage Systems by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Second-Life Battery Storage Systems by Country/Region, 2020, 2024 & 2031
2.2 Second-Life Battery Storage Systems Segment by Type
2.2.1 Lithium Iron Phosphate (LFP)
2.2.2 Nickel Manganese Cobalt (NMC)
2.2.3 Nickel Cobalt Aluminum (NCA)
2.2.4 Hybrid Second-Life Systems
2.3 Second-Life Battery Storage Systems Sales by Type
2.3.1 Global Second-Life Battery Storage Systems Sales Market Share by Type (2020-2025)
2.3.2 Global Second-Life Battery Storage Systems Revenue and Market Share by Type (2020-2025)
2.3.3 Global Second-Life Battery Storage Systems Sale Price by Type (2020-2025)
2.4 Second-Life Battery Storage Systems Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Utility-Scale
2.5 Second-Life Battery Storage Systems Sales by Application
2.5.1 Global Second-Life Battery Storage Systems Sale Market Share by Application (2020-2025)
2.5.2 Global Second-Life Battery Storage Systems Revenue and Market Share by Application (2020-2025)
2.5.3 Global Second-Life Battery Storage Systems Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Second-Life Battery Storage Systems Breakdown Data by Company
3.1.1 Global Second-Life Battery Storage Systems Annual Sales by Company (2020-2025)
3.1.2 Global Second-Life Battery Storage Systems Sales Market Share by Company (2020-2025)
3.2 Global Second-Life Battery Storage Systems Annual Revenue by Company (2020-2025)
3.2.1 Global Second-Life Battery Storage Systems Revenue by Company (2020-2025)
3.2.2 Global Second-Life Battery Storage Systems Revenue Market Share by Company (2020-2025)
3.3 Global Second-Life Battery Storage Systems Sale Price by Company
3.4 Key Manufacturers Second-Life Battery Storage Systems Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Second-Life Battery Storage Systems Product Location Distribution
3.4.2 Players Second-Life Battery Storage Systems Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Second-Life Battery Storage Systems by Geographic Region
4.1 World Historic Second-Life Battery Storage Systems Market Size by Geographic Region (2020-2025)
4.1.1 Global Second-Life Battery Storage Systems Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Second-Life Battery Storage Systems Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Second-Life Battery Storage Systems Market Size by Country/Region (2020-2025)
4.2.1 Global Second-Life Battery Storage Systems Annual Sales by Country/Region (2020-2025)
4.2.2 Global Second-Life Battery Storage Systems Annual Revenue by Country/Region (2020-2025)
4.3 Americas Second-Life Battery Storage Systems Sales Growth
4.4 APAC Second-Life Battery Storage Systems Sales Growth
4.5 Europe Second-Life Battery Storage Systems Sales Growth
4.6 Middle East & Africa Second-Life Battery Storage Systems Sales Growth
5 Americas
5.1 Americas Second-Life Battery Storage Systems Sales by Country
5.1.1 Americas Second-Life Battery Storage Systems Sales by Country (2020-2025)
5.1.2 Americas Second-Life Battery Storage Systems Revenue by Country (2020-2025)
5.2 Americas Second-Life Battery Storage Systems Sales by Type (2020-2025)
5.3 Americas Second-Life Battery Storage Systems Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Second-Life Battery Storage Systems Sales by Region
6.1.1 APAC Second-Life Battery Storage Systems Sales by Region (2020-2025)
6.1.2 APAC Second-Life Battery Storage Systems Revenue by Region (2020-2025)
6.2 APAC Second-Life Battery Storage Systems Sales by Type (2020-2025)
6.3 APAC Second-Life Battery Storage Systems Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Second-Life Battery Storage Systems by Country
7.1.1 Europe Second-Life Battery Storage Systems Sales by Country (2020-2025)
7.1.2 Europe Second-Life Battery Storage Systems Revenue by Country (2020-2025)
7.2 Europe Second-Life Battery Storage Systems Sales by Type (2020-2025)
7.3 Europe Second-Life Battery Storage Systems Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Second-Life Battery Storage Systems by Country
8.1.1 Middle East & Africa Second-Life Battery Storage Systems Sales by Country (2020-2025)
8.1.2 Middle East & Africa Second-Life Battery Storage Systems Revenue by Country (2020-2025)
8.2 Middle East & Africa Second-Life Battery Storage Systems Sales by Type (2020-2025)
8.3 Middle East & Africa Second-Life Battery Storage Systems Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Second-Life Battery Storage Systems
10.3 Manufacturing Process Analysis of Second-Life Battery Storage Systems
10.4 Industry Chain Structure of Second-Life Battery Storage Systems
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Second-Life Battery Storage Systems Distributors
11.3 Second-Life Battery Storage Systems Customer
12 World Forecast Review for Second-Life Battery Storage Systems by Geographic Region
12.1 Global Second-Life Battery Storage Systems Market Size Forecast by Region
12.1.1 Global Second-Life Battery Storage Systems Forecast by Region (2026-2031)
12.1.2 Global Second-Life Battery Storage Systems Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Second-Life Battery Storage Systems Forecast by Type (2026-2031)
12.7 Global Second-Life Battery Storage Systems Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Connected Energy
13.1.1 Connected Energy Company Information
13.1.2 Connected Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.1.3 Connected Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Connected Energy Main Business Overview
13.1.5 Connected Energy Latest Developments
13.2 B2U Storage Solutions
13.2.1 B2U Storage Solutions Company Information
13.2.2 B2U Storage Solutions Second-Life Battery Storage Systems Product Portfolios and Specifications
13.2.3 B2U Storage Solutions Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 B2U Storage Solutions Main Business Overview
13.2.5 B2U Storage Solutions Latest Developments
13.3 BeePlanet
13.3.1 BeePlanet Company Information
13.3.2 BeePlanet Second-Life Battery Storage Systems Product Portfolios and Specifications
13.3.3 BeePlanet Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BeePlanet Main Business Overview
13.3.5 BeePlanet Latest Developments
13.4 Element Energy
13.4.1 Element Energy Company Information
13.4.2 Element Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.4.3 Element Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Element Energy Main Business Overview
13.4.5 Element Energy Latest Developments
13.5 Redwood Materials
13.5.1 Redwood Materials Company Information
13.5.2 Redwood Materials Second-Life Battery Storage Systems Product Portfolios and Specifications
13.5.3 Redwood Materials Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Redwood Materials Main Business Overview
13.5.5 Redwood Materials Latest Developments
13.6 Tesla Energy
13.6.1 Tesla Energy Company Information
13.6.2 Tesla Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.6.3 Tesla Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Tesla Energy Main Business Overview
13.6.5 Tesla Energy Latest Developments
13.7 CATL
13.7.1 CATL Company Information
13.7.2 CATL Second-Life Battery Storage Systems Product Portfolios and Specifications
13.7.3 CATL Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 CATL Main Business Overview
13.7.5 CATL Latest Developments
13.8 Sonnen
13.8.1 Sonnen Company Information
13.8.2 Sonnen Second-Life Battery Storage Systems Product Portfolios and Specifications
13.8.3 Sonnen Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Sonnen Main Business Overview
13.8.5 Sonnen Latest Developments
13.9 Enphase Energy
13.9.1 Enphase Energy Company Information
13.9.2 Enphase Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.9.3 Enphase Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Enphase Energy Main Business Overview
13.9.5 Enphase Energy Latest Developments
13.10 Form Energy
13.10.1 Form Energy Company Information
13.10.2 Form Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.10.3 Form Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Form Energy Main Business Overview
13.10.5 Form Energy Latest Developments
13.11 LG Energy
13.11.1 LG Energy Company Information
13.11.2 LG Energy Second-Life Battery Storage Systems Product Portfolios and Specifications
13.11.3 LG Energy Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 LG Energy Main Business Overview
13.11.5 LG Energy Latest Developments
13.12 Panasonic
13.12.1 Panasonic Company Information
13.12.2 Panasonic Second-Life Battery Storage Systems Product Portfolios and Specifications
13.12.3 Panasonic Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Panasonic Main Business Overview
13.12.5 Panasonic Latest Developments
13.13 BYD
13.13.1 BYD Company Information
13.13.2 BYD Second-Life Battery Storage Systems Product Portfolios and Specifications
13.13.3 BYD Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 BYD Main Business Overview
13.13.5 BYD Latest Developments
13.14 Relectrify
13.14.1 Relectrify Company Information
13.14.2 Relectrify Second-Life Battery Storage Systems Product Portfolios and Specifications
13.14.3 Relectrify Second-Life Battery Storage Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Relectrify Main Business Overview
13.14.5 Relectrify Latest Developments
14 Research Findings and Conclusion
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*If Applicable.