欧洲电动车二次电池市场:按应用、按产品、按国家 - 分析和预测(2024-2033)
市场调查报告书
商品编码
1529095

欧洲电动车二次电池市场:按应用、按产品、按国家 - 分析和预测(2024-2033)

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

出版日期: | 出版商: BIS Research | 英文 107 Pages | 商品交期: 1-5个工作天内

价格

欧洲电动车二次电池市场预计将大幅成长。

2023年市场规模为1.883亿美元,预估复合年增长率为40.93%,2033年达58.595亿美元。由于多种因素,欧洲电动车二次电池市场预计将大幅扩张。电动车销量的激增正在产生大量废弃电池,其在固定能源储存应用中的潜力越来越受到人们的认可。同时,再生能源来源的日益普及需要高效且具成本效益的能源储存解决方案,这使得市场更具吸引力。政府倡议和补贴在促进永续性和循环经济原则以及鼓励采用二次电池方面发挥着至关重要的作用。透过将这些电池重新用作固定用蓄电池,欧洲旨在减少废弃物并缓解自然资源的消耗,并满足严格的环境法规和永续性目标。这项乐观的预测预示着一个充满活力的市场环境,技术进步和支持性政策将推动欧洲各地利用电动车二次电池进行固定用能源储存的持续创新和投资。

主要市场统计数据
预测期 2024-2033
2024年评估 2.673 亿美元
2033 年预测 58.595 亿美元
复合年增长率 40.93%

二次电池是在一次电池的生命​​週期结束后重新用于新用途的电池。这些电池在汽车使用寿命结束时仍保留约 70-80% 的容量,特别是与风能和太阳能等再生能源来源结合使用或支援电网时,并且可以有效地用于固定係统。重复利用废弃电池具有经济效益,包括减少碳排放、增加电网可再生能源的可用性、透过将废弃物处理成本转化为残值来降低电动车的成本,也带来巨大的环境效益。

欧洲电动车二次电池市场是循环经济与永续能源格局的关键要素。该市场的重点是将废弃电动车 (EV) 电池重新用于二次用途,延长其生命週期并最大化其价值。电动车的二次电池对于多种应用至关重要,包括能源储存系统、可再生能源整合和电网稳定,有助于减少电子废弃物并促进永续实践。

该报告考察了欧洲电动车二次电池市场,并提供了市场概述、按应用、产品和国家分類的趋势,以及进入市场的公司简介。

目录

执行摘要

第一章 市场

  • 区域概况
  • 市场动态:概述
  • 趋势:当前和未来的影响评估
  • 供应链概览
  • 研究发展回顾
  • 监管状况
  • 电网一体化的必要性
  • 电动汽车电力消耗量和建筑电力消耗量
  • 重复使用二次电池
  • 引进再生能源来源
  • 支持永续能源转型

第二章 应用

  • 应用概述
  • 欧洲电动车二次电池市场(按应用)

第三章 产品

  • 产品概述
  • 欧洲电动车二次电池市场(以电池类型)

第四章 国家

  • 促进因素和抑制因素
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 荷兰
    • 比利时
    • 卢森堡
    • 其他的

第五章市场-竞争基准化分析与公司概况

  • 未来展望
    • 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
    • 其他主要企业,包括Start-Ups

第六章调查方法

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

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