市場調査レポート
商品コード
1529095

欧州のEV用セカンドライフバッテリー市場:用途別、製品別、国別 - 分析と予測(2024年~2033年)

Europe Second-Life EV Batteries Market: Focus on Application, Product, and Country - Analysis and Forecast, 2024-2033


出版日
発行
BIS Research
ページ情報
英文 107 Pages
納期
1~5営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=153.69円
欧州のEV用セカンドライフバッテリー市場:用途別、製品別、国別 - 分析と予測(2024年~2033年)
出版日: 2024年08月08日
発行: BIS Research
ページ情報: 英文 107 Pages
納期: 1~5営業日
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  • 図表
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概要

欧州のEV用セカンドライフバッテリー市場は、大幅な成長が見込まれています。

2023年の市場規模は1億8,830万米ドルで、40.93%のCAGRで拡大し、2033年には58億5,950万米ドルに達すると予測されています。欧州のEV用セカンドライフバッテリー市場は、複数の要因によって大幅な拡大が見込まれています。EV販売の急増は、定置エネルギー貯蔵用途での可能性がますます認識されつつある使用済みバッテリーの大量供給を生み出しています。同時に、再生可能エネルギー源の導入が拡大しているため、効率的でコスト効率の高いエネルギー貯蔵ソリューションが必要となり、市場の魅力がさらに高まっています。政府のイニシアチブと補助金は、持続可能性と循環経済の原則を促進し、二次電池の採用を奨励するため、極めて重要な役割を果たしています。これらの電池を定置用蓄電池として再利用することで、欧州は廃棄物を削減し、天然資源の枯渇を緩和することを目指しており、厳しい環境規制と持続可能性目標に合致しています。この楽観的な予測では、技術的進歩と支援政策が、欧州全域で定置用エネルギー貯蔵にEV用セカンドライフバッテリーを活用するための継続的な革新と投資を促進するダイナミックな市場環境を予測しています。

主要市場統計
予測期間 2024年~2033年
2024年の評価 2億6,730万米ドル
2033年の予測 58億5,950万米ドル
CAGR 40.93%

セカンドライフバッテリーとは、一次電池のライフサイクルを終えた後、新たな用途に再利用されるバッテリーのことです。これらのバッテリーは、自動車用としての寿命が尽きても容量の約70~80%を維持していますが、特に風力や太陽光などの再生可能エネルギー源と組み合わせたり、電力網をサポートしたりすることで、定置システムで効果的に利用することができます。使用済みバッテリーの再利用は、二酸化炭素排出量を削減し、送電網で利用可能な再生可能エネルギーを増やし、廃棄物処理費用を残余価値に変換することで電気自動車のコストを下げるなど、経済的にも環境的にも大きなメリットをもたらします。

欧州のEV用セカンドライフバッテリー市場は、循環経済と持続可能なエネルギーの展望において極めて重要な要素です。この市場は、使用済み電気自動車(EV)バッテリーを二次用途に再利用し、ライフサイクルを延長して価値を最大化することに焦点を当てています。EV用セカンドライフバッテリーは、エネルギー貯蔵システム、再生可能エネルギー統合、グリッド安定化など様々な用途に不可欠であり、電子廃棄物の削減と持続可能な実践の促進に貢献しています。

当レポートでは、欧州のEV用セカンドライフバッテリー市場について調査し、市場の概要とともに、用途別、製品別、国別の動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

エグゼクティブサマリー

第1章 市場

  • 地域概要
  • 市場力学:概要
  • 動向:現在および将来の影響評価
  • サプライチェーンの概要
  • 研究開発レビュー
  • 規制状況
  • グリッド統合の必要性
  • 電気自動車の電力消費量と建物の電力消費量
  • セカンドライフバッテリーの再利用
  • 再生可能エネルギー源の導入
  • 持続可能なエネルギー転換への支援

第2章 用途

  • 用途の概要
  • 欧州のEV用セカンドライフバッテリー市場(用途別)

第3章 製品

  • 製品概要
  • 欧州のEV用セカンドライフバッテリー市場(バッテリータイプ別)

第4章 国

  • 促進要因と抑制要因
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • オランダ
    • ベルギー
    • ルクセンブルク
    • その他

第5章 市場-競合ベンチマーキングと企業プロファイル

  • 今後の見通し
    • Geographic Assessment
    • BeePlanet Factory
    • Connected Energy Ltd.
    • Zenobe Energy Limited
    • B-ON
    • ECO STOR GmbH
    • Enel Spa
    • Octave BV
    • TRICERA energy GmbH
    • encore
    • STABL Energy GmbH
    • スタートアップを含むその他の主要企業

第6章 調査手法

図表

List of Figures

  • Figure 1: Europe Second-life EV Batteries Market (by Country), $Million, 2023, 2027, and 2033
  • Figure 2: Europe Second-Life EV Batteries Market (by Application), $Million, 2023, 2027, and 2033
  • Figure 3: Europe Second-Life EV Batteries Market (by Battery Type), $Million, 2023, 2027, and 2033
  • Figure 4: Impact Analysis of Market Navigating Factors, 2023-2033
  • Figure 5: Supply Chain and Risks within the Supply Chain
  • Figure 6: Patent Analysis (by Country), January 2021-December 2023
  • Figure 7: Patent Analysis (by Company), January 2021-December 2023
  • Figure 8: Europe's Share in the Global Estimated Growth Rate of Smart Grid Market
  • Figure 9: Energy Consumption Rate in Europe
  • Figure 10: Household Appliances Power Consumption (in kW) in Europe
  • Figure 11: Step-by-Step Process of Second-Life Batteries
  • Figure 12: Forecast of Power Generation (in GwH) by Second-Life Batteries
  • Figure 13: Germany Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 14: France Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 15: U.K. Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 16: Italy Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 17: Spain Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 18: Netherlands Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 19: Belgium Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 20: Luxembourg Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 21: Rest-of-Western Europe Second-Life EV Batteries Market, $Million, 2023-2033
  • Figure 22: Strategic Initiatives, 2021-2024
  • Figure 23: Share of Strategic Initiatives, 2021-2024
  • Figure 24: Data Triangulation
  • Figure 25: Top-Down and Bottom-Up Approach
  • Figure 26: Assumptions and Limitations

List of Tables

  • Table 1: Market Snapshot
  • Table 2: Germany Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 3: Germany Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 4: France Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 5: France Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 6: U.K. Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 7: U.K. Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 8: Italy Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 9: Italy Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 10: Spain Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 11: Spain Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 12: Netherlands Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 13: Netherlands Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 14: Belgium Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 15: Belgium Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 16: Luxembourg Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 17: Luxembourg Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 18: Rest-of-Western Europe Second-Life EV Batteries Market (by Application), $Million, 2023-2033
  • Table 19: Rest-of-Western Europe Second-Life EV Batteries Market (by Battery Type), $Million, 2023-2033
  • Table 20: Market Share
目次
Product Code: MCN2210SA

Europe Second-Life EV Batteries Market Overview

The Europe second-life EV batteries market is positioned for substantial growth. It was valued at $188.3 million in 2023 and is expected to reach $5,859.5 million by 2033, reflecting a CAGR of 40.93%. Europe second-life EV batteries market is poised for significant expansion driven by multiple factors. The surge in EV sales is generating a substantial supply of retired batteries, which are increasingly recognized for their potential in stationary energy storage applications. Concurrently, the escalating deployment of renewable energy sources necessitates efficient and cost-effective energy storage solutions, further enhancing the market's appeal. Government initiatives and subsidies play a pivotal role as they incentivize the adoption of second-life batteries, promoting sustainability and circular economy principles. By repurposing these batteries for stationary storage, Europe aims to reduce waste and mitigate the depletion of natural resources, aligning with stringent environmental regulations and sustainability targets. This optimistic forecast anticipates a dynamic market environment where technological advancements and supportive policies drive continuous innovation and investment in leveraging second-life EV batteries for stationary energy storage across Europe.

Introduction to Second-Life EV Batteries

KEY MARKET STATISTICS
Forecast Period2024 - 2033
2024 Evaluation$267.3 Million
2033 Forecast$5,859.5 Million
CAGR40.93%

Second-life batteries are those that are repurposed for new applications after completing their primary lifecycle. Although these batteries retain approximately 70-80% of their capacity after their automotive life ends, they can be effectively utilized in stationary systems, especially when paired with renewable energy sources such as wind and solar, or to support the electricity grid. Repurposing second-life batteries offers significant economic and environmental benefits by reducing their carbon footprint, increasing the renewable energy available on the grid, and lowering the cost of electric vehicles by converting waste disposal expenses into residual value.

Market Introduction

The Europe second-life EV batteries market is a crucial component in the circular economy and sustainable energy landscape. This market focuses on repurposing used electric vehicle (EV) batteries for secondary applications, thereby extending their lifecycle and maximizing their value. Second-life EV batteries are essential for various applications, including energy storage systems, renewable energy integration, and grid stabilization, contributing to the reduction of e-waste and the promotion of sustainable practices. The study explores diverse applications within the market, such as residential and commercial energy storage, industrial power backup, and renewable energy storage. Based on the type of battery, the market has been segmented into lithium-ion, nickel-metal hydride, and others. Additionally, the research categorizes the market by the end user, encompassing utility companies, renewable energy providers, and commercial and industrial enterprises. The research methodology incorporates extensive primary interviews with industry experts, market leaders, and stakeholders, supported by secondary research from various reliable databases. Advanced analytical tools have been employed to construct precise forecasts and predictive models, ensuring a comprehensive understanding of market dynamics and future trends in the Europe second-life EV batteries market.

Industrial Impact

The Europe second-life EV batteries market significantly impacts energy storage solutions, technological innovation, and sustainable energy practices. Advances in second-life battery applications, such as residential and commercial energy storage, renewable energy integration, and grid stabilization, enhance the efficiency and sustainability of energy systems. These innovations have promoted collaborations between battery manufacturers, energy companies, and technology providers, driving the development of sophisticated energy storage solutions and expanding the potential of renewable energy sources. As a result, the emphasis on repurposing used EV batteries and reducing electronic waste aligns with Europe's sustainability goals, thereby influencing energy practices and promoting the adoption of eco-friendly and cost-effective energy storage solutions.

The key players operating in the Europe Second-Life EV Battery market include BeePlanet Factory, Connected Energy Ltd., Zenobe Energy Limited, B-ON, ECO STOR GmbH, Enel Spa, Octave BV, TRICERA energy GmbH, encore, STABL Energy GmbH, and others. These companies have been focusing on strategic partnerships, collaborations, and acquisitions to enhance their product offerings and expand their market presence.

Market Segmentation:

Segmentation 1: by Application

  • Non-Automotive Applications
    • Power Backup
    • Grid Connection
    • Others
  • Automotive Applications
    • EV Charging
    • Vehicle

Non-Automotive Segment to Dominate the Europe Second-Life EV Batteries Market (by Application)

The application of second-life EV batteries in non-automotive sectors is crucial in the Europe market, particularly for power backup, grid connection, and solar energy storage. These batteries optimize energy storage performance and longevity by efficiently managing states such as voltage, temperature, and charge status. By precisely controlling and regulating charging and discharging processes, they enhance system efficiency and ensure batteries operate within safe parameters, balancing the charge to prevent overcharging or deep discharging. Advanced second-life battery systems also integrate with grid management and renewable energy systems, offering real-time data for predictive maintenance and energy management. This integration significantly extends battery life, improves reliability, and maximizes efficient power use, contributing to environmental sustainability.

Segmentation 2: by Battery Type

  • Lithium-Ion
  • Lead-Acid
  • Nickel-Based
  • Other Batteries

Lithium-Ion Segment to Dominate the Market (by Battery Type)

Lithium-ion batteries dominate the Europe second-life EV batteries market due to their exceptional performance and reliability. Renowned for their high energy density, lightweight, and long cycle life, Li-ion batteries are ideal for secondary applications such as energy storage systems, grid support, and renewable energy integration. In second-life uses, these batteries continue to provide significant benefits by maintaining a substantial portion of their original capacity. Their high energy-to-weight ratio ensures efficient energy storage in compact spaces, which is crucial for stationary systems. With extended lifespans and the ability to rapidly charge and discharge, Li-ion batteries reduce maintenance costs and enhance operational efficiency. Their minimal self-discharge rate allows for longer storage periods without significant energy loss, solidifying their position as the leading battery type in the Europe second-life EV batteries market.

Recent Developments in the Europe Second-Life EV Battery Market

  • In May 2024, Connected Energy Ltd.'s launch of an online calculator marks a strategic move to empower stakeholders in the EV ecosystem. By providing a tool to evaluate the integration of battery energy storage systems with EV charging infrastructure, the company enhances decision-making capabilities for fleet depots, charging hubs, and dealerships.
  • In May 2024, STABL Energy GmbH, known for its scalable industrial battery storage solutions, partnered with NOVUM Engineering, leveraging NOVUM's AI-based battery diagnostics expertise. This collaboration aims to repurpose high-quality automotive batteries, enhancing energy efficiency and sustainability. By optimizing battery storage systems through innovative technology, this partnership underscores STABL Energy's commitment to advancing sustainable energy solutions.
  • In October 2023, the launch of the Energy Storage System by ECO STOR GmbH marked a significant step forward in battery energy storage. With a $275.0 million investment in Wittlich, Germany, the project includes six ES-50C blocks, each with 50MW/100MWh capacity, highlighting the company's dedication to renewable energy and grid stability. This initiative is set to enhance the region's energy infrastructure, reinforcing the company's status as a key innovator in sustainable energy.
  • In September 2022, Kia Europe announced a strategic partnership with encore, a Deutsche Bahn startup, to repurpose EV batteries for second-life battery energy storage systems. This collaboration aims to develop sustainable energy solutions by giving used EV batteries a new purpose.
  • In August 2022, the first battery storage system was unveiled at the EUREF-Campus in Berlin, integrated into a Micro Smart Grid. This initiative underscores encore's dedication to fostering a circular economy and advancing sustainable mobility at an early stage.

Demand - Drivers, Limitations, and Opportunities

Market Driver: Growth in EV Sales Resulting in Increased Availability of Retired EV Batteries

The surge in electric vehicle (EV) sales across Europe is significantly driving the market for second-life EV batteries. This growth is attributed to several factors, including increased consumer demand for sustainable transportation solutions, supportive government policies, and advancements in EV technology. According to the European Automobile Manufacturers Association (ACEA), the market share of hybrid electric vehicles accounted for 19.6% of all new passenger cars registered across the EU in 2021, while BEV accounted for 9.1% and PHEV for 8.9%, reflecting a substantial increase from previous years. This trend is expected to continue, with projections indicating that EVs will dominate the automotive market in the coming decades. As EV adoption accelerates, the volume of retired EV batteries is also increasing. By 2030, in Italy alone, it is estimated that 60,000 tons of electric vehicle batteries will have to be disposed of per year. These batteries, though no longer suitable for automotive use, still retain substantial capacity for other applications. The European Environment Agency (EEA) reports that the typical EV battery retains up to 70-80% of its initial capacity even after it is retired from vehicle use. This residual capacity presents a valuable opportunity for repurposing in secondary applications, such as stationary energy storage systems, grid stabilization, and renewable energy integration. Furthermore, the European Union's regulatory framework supports the reuse and recycling of EV batteries, aligning with the region's broader circular economy goals. The EU Battery Directive emphasizes sustainable battery management practices, including recycling and repurposing end-of-life batteries. This regulatory environment not only encourages the development of second-life battery solutions but also ensures compliance and standardization across the market.

Market Challenge: Lack of Established Standards for Second-Life Battery Quality and Performance

A significant restraint for the Europe second-life EV batteries market is the lack of established standards for battery quality and performance. This absence of standardized criteria poses several challenges for stakeholders across the supply chain, from manufacturers to end users. Without clear guidelines, it is difficult to ensure the reliability and safety of repurposed batteries, which can vary widely in terms of capacity, efficiency, and longevity.

The European Union has recognized the importance of creating a cohesive regulatory framework for second-life batteries, yet progress has been slow. While efforts are underway to develop standards, the current landscape remains fragmented, causing uncertainty and hesitation among potential investors and adopters. This fragmentation can lead to inconsistent performance and safety issues, ultimately undermining consumer confidence and market growth.

Moreover, the lack of standards complicates the valuation and insurance of second-life batteries. Financial institutions and insurers are often reluctant to provide funding or coverage for assets with unpredictable performance metrics, further stifling market expansion. This issue is particularly pressing as the market scales up. The projected increase in second-life battery applications will require robust quality assurance mechanisms to ensure market stability and consumer protection.

In conclusion, the absence of established standards for second-life EV battery quality and performance is a critical market restraint in Europe. Addressing this challenge through comprehensive regulatory frameworks and industry-wide standards is essential for fostering confidence, ensuring safety, and supporting sustainable growth in the Europe second-life EV batteries market. Establishing such standards will not only enhance the reliability of repurposed batteries but also facilitate greater investment and adoption, driving the market forward.

Market Opportunity: Government Initiatives and Subsidies

Government initiatives and subsidies are creating significant market opportunities for the Europe second-life EV batteries market. These measures are designed to foster innovation, sustainability, and economic growth, thereby driving the adoption and integration of second-life battery technologies.

One notable example is the WMG at the University of Warwick, which has unveiled a new EV battery recycling scale-up facility, the first of its kind in the U.K. This facility aims to enhance the efficiency of battery recycling processes, thereby supporting the supply chain for second-life batteries. By facilitating the recycling and repurposing of EV batteries, this initiative not only addresses environmental concerns but also ensures a steady supply of high-quality second-life batteries for various applications.

In addition, Enel X, in collaboration with Aeroporti di Roma, secured a $3.37 million grant from the European Innovation Fund for the PIONEER project. This project focuses on utilizing second-life batteries for airport sustainability at Rome-Fiumicino International Airport Leonardo da Vinci. By integrating second-life battery storage solutions, the project aims to enhance energy efficiency and sustainability at one of Europe's busiest airports. This grant exemplifies the substantial financial support available for innovative projects that leverage second-life EV batteries to improve energy management and sustainability.

These examples illustrate the broader trend of governmental and institutional support for second-life EV battery initiatives. Such support not only mitigates financial risks but also accelerates the development and deployment of advanced battery technologies. In conclusion, government initiatives and subsidies present a robust market opportunity for the second-life EV batteries market in Europe, driving innovation, sustainability, and economic growth in this emerging sector.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of second-life EV batteries available based on application (non-automotive applications and automotive applications), battery type (lithium-ion, lead-acid, nickel-based, and other batteries). The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of the importance of second-life EV batteries. Therefore, the Europe second-life EV batteries market business is a high-investment and high-revenue generating model, which is expected to open new avenues of growth for the market stakeholders.

Growth/Marketing Strategy: The Europe second-life EV batteries market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.

Competitive Strategy: The key players in the Europe second-life EV batteries market analyzed and profiled in the study include manufacturers. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Research Methodology

Factors for Data Prediction and Modeling

  • The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
  • Nearly all the recent developments from January 2021 to June 2024 have been considered in this research study.
  • The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
  • Where relevant information was not available, proxy indicators and extrapolation were employed.
  • Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
  • Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Market Estimation and Forecast

This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the Europe second-life EV batteries market.

The process of market engineering involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.

Primary Research

The primary sources involve industry experts from the Europe second-life EV batteries market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources include:

  • validation and triangulation of all the numbers and graphs
  • validation of reports segmentation and key qualitative findings
  • understanding the competitive landscape
  • validation of the numbers of various markets for market type

Secondary Research

This research study of the Europe second-life EV batteries market involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources and websites, such as IRENA and IEA.

Secondary research was done in order to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include:

  • segmentations and percentage shares
  • data for market value
  • key industry trends of the top players of the market
  • qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
  • quantitative data for mathematical and statistical calculations

Key Market Players and Competition Synopsis

The companies profiled in the Europe second-life EV batteries market have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

  • BeePlanet Factory
  • Connected Energy Ltd.
  • Zenobe Energy Limited
  • B-ON
  • ECO STOR GmbH
  • Enel Spa
  • Octave BV
  • TRICERA energy GmbH
  • encore
  • STABL Energy GmbH

Companies not part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Market

  • 1.1 Regional Overview
      • 1.1.1.1 Driving Factors for Market Growth
      • 1.1.1.2 Factors Challenging the Market
  • 1.2 Market Dynamics: Overview
    • 1.2.1 Market Drivers
      • 1.2.1.1 Growth in EV Sales Resulting in Increased Availability of Retired EV Batteries
      • 1.2.1.2 Increasing Deployment of Renewable Energy Sources
      • 1.2.1.3 Reducing the Amount of Waste Generated and Preventing Additional Depletion of Earth's Minerals
    • 1.2.2 Market Restraints
      • 1.2.2.1 Lack of Established Standards for Second-Life Battery Quality and Performance
      • 1.2.2.2 Declining Costs of New Batteries
    • 1.2.3 Market Opportunities
      • 1.2.3.1 Government Initiatives and Subsidies
      • 1.2.3.2 Using Second-Life Batteries in Stationary Energy Storage
  • 1.3 Trends: Current and Future Impact Assessment
    • 1.3.1 Enhancing Second-Life Battery Performance with BMS and SOH Monitoring
    • 1.3.2 Promoting a Circular Economy with Second-Life Batteries
  • 1.4 Supply Chain Overview
    • 1.4.1 Value Chain Analysis
    • 1.4.2 Pricing Forecast
  • 1.5 Research and Development Review
    • 1.5.1 Patent Filing Trend (by Country and Company)
  • 1.6 Regulatory Landscape
    • 1.6.1 Consortiums and Associations
  • 1.7 Need for Grid Integration
    • 1.7.1 Energy Management in Grid Integration
    • 1.7.2 Grid Integration in Battery Management System
    • 1.7.3 Grid Integration in Energy Storage
    • 1.7.4 Second-Life Battery Impact on Grid Integration
      • 1.7.4.1 Impact Analysis of Second-Life Battery on Grid Integration
    • 1.7.5 Regulatory Landscape
    • 1.7.6 Outlook
  • 1.8 Power Consumption by Electric Vehicle vs. Building Power Consumption
    • 1.8.1 Power Consumption by Home Appliances vs. Electric Vehicles
    • 1.8.2 Regulatory Landscape
    • 1.8.3 Outlook
  • 1.9 Repurposing Second-Use Batteries
    • 1.9.1 Process of Usage of Second-Life Batteries
    • 1.9.2 Forecast of Energy Storage in Second-Life Battery
    • 1.9.3 Regulatory Landscape
    • 1.9.4 Outlook
  • 1.1 Incorporation of Renewable Energy Sources
    • 1.10.1 Regulatory Framework
    • 1.10.2 Technological Integration
    • 1.10.3 Infrastructure Development
    • 1.10.4 Public-Private Partnerships
  • 1.11 Support for Sustainable Energy Transition
    • 1.11.1 Benefits of Sustainable Energy Transition
    • 1.11.2 Challenges of Sustainable Energy Transition
    • 1.11.3 Regulatory Landscape
    • 1.11.4 Outlook

2 Application

  • 2.1 Application Summary
  • 2.2 Europe Second-Life EV Batteries Market (by Application)
    • 2.2.1 Non-Automotive Applications
      • 2.2.1.1 Power Backup
      • 2.2.1.2 Grid Connection
        • 2.2.1.2.1 Grid Peak Management
        • 2.2.1.2.2 Solar Energy Storage
      • 2.2.1.3 Others
    • 2.2.2 Automotive Applications
      • 2.2.2.1 EV Charging
      • 2.2.2.2 Vehicle

3 Products

  • 3.1 Product Summary
  • 3.2 Europe Second-Life EV Batteries Market (by Battery Type)
    • 3.2.1 Lithium-Ion
    • 3.2.2 Lead-Acid
    • 3.2.3 Nickel-Based
    • 3.2.4 Other Batteries

4 Countries

  • 4.1 Drivers and Restraints
    • 4.1.1 Germany
      • 4.1.1.1 Application
      • 4.1.1.2 Product
    • 4.1.2 France
      • 4.1.2.1 Application
      • 4.1.2.2 Product
    • 4.1.3 U.K.
      • 4.1.3.1 Application
      • 4.1.3.2 Product
    • 4.1.4 Italy
      • 4.1.4.1 Application
      • 4.1.4.2 Product
    • 4.1.5 Spain
      • 4.1.5.1 Application
      • 4.1.5.2 Product
    • 4.1.6 Netherlands
      • 4.1.6.1 Application
      • 4.1.6.2 Product
    • 4.1.7 Belgium
      • 4.1.7.1 Application
      • 4.1.7.2 Product
    • 4.1.8 Luxembourg
      • 4.1.8.1 Application
      • 4.1.8.2 Product
    • 4.1.9 Rest-of-Western Europe
      • 4.1.9.1 Application
      • 4.1.9.2 Product

5 Markets - Competitive Benchmarking & Company Profiles

  • 5.1 Next Frontiers
    • 5.1.1 Geographic Assessment
    • 5.1.2 BeePlanet Factory
      • 5.1.2.1 Overview
      • 5.1.2.2 Top Products/Product Portfolio
      • 5.1.2.3 Top Competitors
      • 5.1.2.4 Target Customers/End-Use Applications
      • 5.1.2.5 Key Personnel
      • 5.1.2.6 Analyst View
      • 5.1.2.7 Market Share, 2023
    • 5.1.3 Connected Energy Ltd.
      • 5.1.3.1 Overview
      • 5.1.3.2 Top Products/Product Portfolio
      • 5.1.3.3 Top Competitors
      • 5.1.3.4 Target Customers/End-Use Applications
      • 5.1.3.5 Key Personnel
      • 5.1.3.6 Analyst View
      • 5.1.3.7 Market Share, 2023
    • 5.1.4 Zenobe Energy Limited
      • 5.1.4.1 Overview
      • 5.1.4.2 Top Products/Product Portfolio
      • 5.1.4.3 Top Competitors
      • 5.1.4.4 Target Customers/End-Use Applications
      • 5.1.4.5 Key Personnel
      • 5.1.4.6 Analyst View
      • 5.1.4.7 Market Share, 2023
    • 5.1.5 B-ON
      • 5.1.5.1 Overview
      • 5.1.5.2 Top Products/Product Portfolio
      • 5.1.5.3 Top Competitors
      • 5.1.5.4 Target Customers/End-Use Applications
      • 5.1.5.5 Analyst View
      • 5.1.5.6 Market Share, 2023
    • 5.1.6 ECO STOR GmbH
      • 5.1.6.1 Overview
      • 5.1.6.2 Top Products/Product Portfolio
      • 5.1.6.3 Top Competitors
      • 5.1.6.4 Target Customers/End-Use Applications
      • 5.1.6.5 Key Personnel
      • 5.1.6.6 Analyst View
      • 5.1.6.7 Market Share, 2023
    • 5.1.7 Enel Spa
      • 5.1.7.1 Overview
      • 5.1.7.2 Top Products/Product Portfolio
      • 5.1.7.3 Top Competitors
      • 5.1.7.4 Target Customers/End-Use Applications
      • 5.1.7.5 Key Personnel
      • 5.1.7.6 Analyst View
      • 5.1.7.7 Market Share, 2023
    • 5.1.8 Octave BV
      • 5.1.8.1 Overview
      • 5.1.8.2 Top Products/Product Portfolio
      • 5.1.8.3 Top Competitors
      • 5.1.8.4 Target Customers/End-Use Applications
      • 5.1.8.5 Key Personnel
      • 5.1.8.6 Analyst View
      • 5.1.8.7 Market Share, 2023
    • 5.1.9 TRICERA energy GmbH
      • 5.1.9.1 Overview
      • 5.1.9.2 Top Products/Product Portfolio
      • 5.1.9.3 Top Competitors
      • 5.1.9.4 Target Customers/End-Use Applications
      • 5.1.9.5 Key Personnel
      • 5.1.9.6 Analyst View
      • 5.1.9.7 Market Share, 2023
    • 5.1.10 encore
      • 5.1.10.1 Overview
      • 5.1.10.2 Top Products/Product Portfolio
      • 5.1.10.3 Top Competitors
      • 5.1.10.4 Target Customers/End-Use Applications
      • 5.1.10.5 Key Personnel
      • 5.1.10.6 Analyst View
      • 5.1.10.7 Market Share, 2023
    • 5.1.11 STABL Energy GmbH
      • 5.1.11.1 Overview
      • 5.1.11.2 Top Products/Product Portfolio
      • 5.1.11.3 Top Competitors
      • 5.1.11.4 Target Customers/End-Use Applications
      • 5.1.11.5 Key Personnel
      • 5.1.11.6 Analyst View
      • 5.1.11.7 Market Share, 2023
    • 5.1.12 Other Key Companies, including Startups

6 Research Methodology

  • 6.1 Europe Second-life EV Batteries Market
    • 6.1.1 Data Sources
      • 6.1.1.1 Primary Data Sources
      • 6.1.1.2 Secondary Data Sources
    • 6.1.2 Data Triangulation
    • 6.1.3 Market Estimation and Forecast