Global Second-life EV Battery Market Growth 2025-2031

Publication ID:

LPI07258263

Publication Date:

July 30, 2025

Pages:

104

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Second-life EV Battery market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
The 鈥淪econd-life EV Battery Industry Forecast鈥� looks at past sales and reviews total world Second-life EV Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Second-life EV Battery sales for 2025 through 2031. With Second-life EV Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Second-life EV Battery industry.
This Insight Report provides a comprehensive analysis of the global Second-life EV Battery 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 EV Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Second-life EV Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Second-life EV Battery 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 EV Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Second-life EV Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lead-acid Batteries
Nickel-cadmium Batteries
Lithium Ion Battery
Others
Segmentation by Application:
Renewable Energy Storage
Backup Power
EV Charging
Others
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.
Renault Group
Mercedes-Benz Group
Enel X S.r.l.
Fortum
BeePlanet Factory
RWE
BELECTRIC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Second-life EV Battery market?
What factors are driving Second-life EV Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Second-life EV Battery market opportunities vary by end market size?
How does Second-life EV Battery break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 EV Battery Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Second-life EV Battery by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Second-life EV Battery by Country/Region, 2020, 2024 & 2031
2.2 Second-life EV Battery Segment by Type
2.2.1 Lead-acid Batteries
2.2.2 Nickel-cadmium Batteries
2.2.3 Lithium Ion Battery
2.2.4 Others
2.3 Second-life EV Battery Sales by Type
2.3.1 Global Second-life EV Battery Sales Market Share by Type (2020-2025)
2.3.2 Global Second-life EV Battery Revenue and Market Share by Type (2020-2025)
2.3.3 Global Second-life EV Battery Sale Price by Type (2020-2025)
2.4 Second-life EV Battery Segment by Application
2.4.1 Renewable Energy Storage
2.4.2 Backup Power
2.4.3 EV Charging
2.4.4 Others
2.5 Second-life EV Battery Sales by Application
2.5.1 Global Second-life EV Battery Sale Market Share by Application (2020-2025)
2.5.2 Global Second-life EV Battery Revenue and Market Share by Application (2020-2025)
2.5.3 Global Second-life EV Battery Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Second-life EV Battery Breakdown Data by Company
3.1.1 Global Second-life EV Battery Annual Sales by Company (2020-2025)
3.1.2 Global Second-life EV Battery Sales Market Share by Company (2020-2025)
3.2 Global Second-life EV Battery Annual Revenue by Company (2020-2025)
3.2.1 Global Second-life EV Battery Revenue by Company (2020-2025)
3.2.2 Global Second-life EV Battery Revenue Market Share by Company (2020-2025)
3.3 Global Second-life EV Battery Sale Price by Company
3.4 Key Manufacturers Second-life EV Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Second-life EV Battery Product Location Distribution
3.4.2 Players Second-life EV Battery 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 EV Battery by Geographic Region
4.1 World Historic Second-life EV Battery Market Size by Geographic Region (2020-2025)
4.1.1 Global Second-life EV Battery Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Second-life EV Battery Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Second-life EV Battery Market Size by Country/Region (2020-2025)
4.2.1 Global Second-life EV Battery Annual Sales by Country/Region (2020-2025)
4.2.2 Global Second-life EV Battery Annual Revenue by Country/Region (2020-2025)
4.3 Americas Second-life EV Battery Sales Growth
4.4 APAC Second-life EV Battery Sales Growth
4.5 Europe Second-life EV Battery Sales Growth
4.6 Middle East & Africa Second-life EV Battery Sales Growth
5 Americas
5.1 Americas Second-life EV Battery Sales by Country
5.1.1 Americas Second-life EV Battery Sales by Country (2020-2025)
5.1.2 Americas Second-life EV Battery Revenue by Country (2020-2025)
5.2 Americas Second-life EV Battery Sales by Type (2020-2025)
5.3 Americas Second-life EV Battery 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 EV Battery Sales by Region
6.1.1 APAC Second-life EV Battery Sales by Region (2020-2025)
6.1.2 APAC Second-life EV Battery Revenue by Region (2020-2025)
6.2 APAC Second-life EV Battery Sales by Type (2020-2025)
6.3 APAC Second-life EV Battery 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 EV Battery by Country
7.1.1 Europe Second-life EV Battery Sales by Country (2020-2025)
7.1.2 Europe Second-life EV Battery Revenue by Country (2020-2025)
7.2 Europe Second-life EV Battery Sales by Type (2020-2025)
7.3 Europe Second-life EV Battery 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 EV Battery by Country
8.1.1 Middle East & Africa Second-life EV Battery Sales by Country (2020-2025)
8.1.2 Middle East & Africa Second-life EV Battery Revenue by Country (2020-2025)
8.2 Middle East & Africa Second-life EV Battery Sales by Type (2020-2025)
8.3 Middle East & Africa Second-life EV Battery 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 EV Battery
10.3 Manufacturing Process Analysis of Second-life EV Battery
10.4 Industry Chain Structure of Second-life EV Battery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Second-life EV Battery Distributors
11.3 Second-life EV Battery Customer
12 World Forecast Review for Second-life EV Battery by Geographic Region
12.1 Global Second-life EV Battery Market Size Forecast by Region
12.1.1 Global Second-life EV Battery Forecast by Region (2026-2031)
12.1.2 Global Second-life EV Battery 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 EV Battery Forecast by Type (2026-2031)
12.7 Global Second-life EV Battery Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Renault Group
13.1.1 Renault Group Company Information
13.1.2 Renault Group Second-life EV Battery Product Portfolios and Specifications
13.1.3 Renault Group Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Renault Group Main Business Overview
13.1.5 Renault Group Latest Developments
13.2 Mercedes-Benz Group
13.2.1 Mercedes-Benz Group Company Information
13.2.2 Mercedes-Benz Group Second-life EV Battery Product Portfolios and Specifications
13.2.3 Mercedes-Benz Group Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Mercedes-Benz Group Main Business Overview
13.2.5 Mercedes-Benz Group Latest Developments
13.3 Enel X S.r.l.
13.3.1 Enel X S.r.l. Company Information
13.3.2 Enel X S.r.l. Second-life EV Battery Product Portfolios and Specifications
13.3.3 Enel X S.r.l. Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Enel X S.r.l. Main Business Overview
13.3.5 Enel X S.r.l. Latest Developments
13.4 Fortum
13.4.1 Fortum Company Information
13.4.2 Fortum Second-life EV Battery Product Portfolios and Specifications
13.4.3 Fortum Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Fortum Main Business Overview
13.4.5 Fortum Latest Developments
13.5 BeePlanet Factory
13.5.1 BeePlanet Factory Company Information
13.5.2 BeePlanet Factory Second-life EV Battery Product Portfolios and Specifications
13.5.3 BeePlanet Factory Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 BeePlanet Factory Main Business Overview
13.5.5 BeePlanet Factory Latest Developments
13.6 RWE
13.6.1 RWE Company Information
13.6.2 RWE Second-life EV Battery Product Portfolios and Specifications
13.6.3 RWE Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 RWE Main Business Overview
13.6.5 RWE Latest Developments
13.7 BELECTRIC
13.7.1 BELECTRIC Company Information
13.7.2 BELECTRIC Second-life EV Battery Product Portfolios and Specifications
13.7.3 BELECTRIC Second-life EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 BELECTRIC Main Business Overview
13.7.5 BELECTRIC Latest Developments
14 Research Findings and Conclusion

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