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Global Second-Life Automotive Lithium-Ion Battery Market Report 2020: Increasing Number of Partnerships and Collaborations
Dublin, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The "Second-Life Automotive Lithium-Ion Battery Market Research Report: By Type, Vehicle Type, Application - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global second-life automotive lithium-ion battery market attained a valuation of $430.0 million in 2019 and is predicted to exhibit a CAGR of 23.1% between 2020 and 2030. As per the forecast, a market research company based in India, the market would generate a revenue of $7,392.0 million by 2030.
The rising usage of electric vehicles (EVs) around the world and the highly costly battery recycling process are the main factors driving the advancement of the market.
Furthermore, the governments of several countries are increasingly enacting various initiatives and regulations for promoting the usage of electric vehicles. This is also boosting the sales of the second-life automotive lithium-ion batteries around the world. Based on type, the second-life automotive lithium-ion battery market is classified into lithium ferro phosphate (LFP), lithium-ion manganese oxide (LMO), lithium-titanate oxide (LTO), lithium-nickel-manganese-cobalt oxide (NMC), and lithium-nickel-cobalt-aluminum oxide (NCA) categories.
Hence, it can be safely said that the market would exhibit substantial growth all over the world in the forthcoming years, mainly because of the rising usage of electric vehicles and the highly expensive procedures associated with lithium-ion battery recycling.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 LFP
4.1.1.2 LMO
4.1.1.3 NMC
4.1.1.4 LTO
4.1.1.5 NCA
4.1.2 By Vehicle Type
4.1.2.1 Two-wheeler
4.1.2.2 Passenger car
4.1.2.3 Commercial vehicle
4.1.3 By Application
4.1.3.1 Energy storage
4.1.3.2 EV charging
4.1.3.3 Base station
4.1.3.4 Low-speed EV
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing number of partnerships and collaborations
4.3.2 Drivers
4.3.2.1 Expensive battery recycling process
4.3.2.2 Growing adoption of EVs
4.3.2.2.1 Rising environmental concerns
4.3.2.2.2 Government support for the adoption of EVs
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Lack of standardization
4.3.3.2 Falling cost of battery and its components
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Growing demand for energy storage devices
4.4 Porter's Five Forces Analysis
Chapter 5. Impact of COVID-19 on the Market
5.1 Impact of COVID-19 on Second-life Automotive Lithium-Ion Battery Market
Chapter 6. Global Market Size and Forecast
6.1 By Type
6.2 By Vehicle Type
6.3 By Application
6.4 By Region
Chapter 7. North America Market Size and Forecast
7.1 By Type
7.2 By Vehicle Type
7.3 By Application
7.4 By Country
Chapter 8. Europe Market Size and Forecast
8.1 By Type
8.2 By Vehicle Type
8.3 By Application
8.4 By Country
Chapter 9. APAC Market Size and Forecast
9.1 By Type
9.2 By Vehicle Type
9.3 By Application
9.4 By Country
Chapter 10. LAMEA Market Size and Forecast
10.1 By Type
10.2 By Vehicle Type
10.3 By Application
10.4 By Country
Chapter 11. Competitive Landscape
11.1 List of Players and Their Offerings
11.2 Competitive Benchmarking of Key Players
11.3 Strategic Developments of Key Players
11.3.1 Product Launches
11.3.2 Partnerships
11.3.3 Facility Expansion
11.3.4 Other Developments
Chapter 12. Company Profiles
SAMSUNG SDI CO. LTD.
GS Yuasa Corporation
BMW AG
Nissan Motor Co. Ltd.
LG Chem Ltd.
Toshiba Corporation
Hitachi Chemical Company Limited
Panasonic Corp.
China Aviation Lithium Battery Company Limited
Tesla Inc.
For more information about this report visit https://www.researchandmarkets.com/r/39k3tz
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