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市場調查報告書
商品編碼
1406315

汽車二次電池市場 - 全球產業規模、佔有率、趨勢、機會和預測,按技術(鉛酸電池、鋰離子電池等)、類型(HEV、PHEV 和 EV)、地區、 2018-2028F 比賽

Automotive Secondary Battery Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Technology (Lead-acid Batteries, Lithium-ion Batteries, and Others), By Type (HEV, PHEV, and EV), By Region, By Competition 2018-2028F

出版日期: | 出版商: TechSci Research | 英文 182 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022 年全球汽車二次電池市場估值為 481.6 億美元,預計在預測期內將強勁成長,到 2028 年複合CAGR為10.25%。全球汽車二次電池市場是一個充滿活力且不斷成長的市場,但它也面臨許多挑戰。電池製造商和政府正在努力應對這些挑戰,但重要的是要意識到對產業和消費者的潛在影響。技術進步正在推動更高效、更耐用的二次電池的開發。這使得電動車對消費者更具吸引力,並有助於推動汽車二次電池市場的成長。近年來,二次電池的成本一直在穩步下降,這使得電動車製造商和消費者更能負擔得起。這有助於推動電動車的採用和汽車二次電池市場的成長。太陽能和風能等再生能源正變得越來越受歡迎,因為它們提供了化石燃料的清潔和永續替代品。然而,再生能源是間歇性的,這意味著它們不會一直發電。當再生能源可用時,二次電池可用於儲存來自再生能源的能量,以便在再生能源不可用時用於為電動車和其他設備供電。電動車變得越來越受歡迎,因為它們比傳統汽油動力汽車具有許多優勢,例如更低的燃料成本、減少的排放以及更環保的駕駛體驗。電動車需要二次電池來為其電動馬達提供動力,因此對電動車的需求不斷成長正在推動汽車二次電池市場的成長。

主要市場促進因素

電動車 (EV) 需求不斷成長:

市場概況
預測期 2024-2028
2022 年市場規模 481.6億美元
2028 年市場規模 908.1億美元
2023-2028 年CAGR 10.25%
成長最快的細分市場 鋰離子電池技術
最大的市場 亞太

電動車(EV)的採用激增是汽車二次電池市場的主要推動力。隨著世界轉向更清潔、更永續的交通解決方案以減輕氣候變遷的影響,鋰離子電池已成為電動車的主要儲能解決方案。鋰離子電池具有電動車所需的高能量密度、更長的循環壽命和快速充電能力。電動車市場的成長直接推動了對二次電池的需求,推動了技術進步和規模經濟,進而降低了成本並使消費者更容易獲得電池。

公用事業儲能:

公用事業公司擴大使用二次電池來儲存電網規模的能量。這些大型儲能專案有助於穩定電網、改善負載管理、促進再生能源併網。隨著公用事業公司努力減少對化石燃料的依賴並轉向清潔能源,公用事業規模儲能專案對二次電池的需求持續成長。

政府法規和激勵措施:

政府政策和法規在推動汽車二次電池市場方面發揮關鍵作用。許多國家已實施法規來減少溫室氣體排放並促進電動車和再生能源的採用。這些法規通常包括稅收抵免、補貼和排放目標等激勵措施,以鼓勵二次電池的開發和採用。此外,有關電池處置和回收的法規也導致了更多對永續電池材料和回收技術的研究。

電池技術的進步:

電池技術的不斷進步是汽車二次電池市場的基本驅動力。研究人員和製造商不斷致力於提高電池性能、能量密度、安全性和成本效益。固態電池等創新可望提供更高的能量密度和更高的安全性,並有可能徹底改變包括電動車和消費性電子產品在內的各個產業。

全球推動能源獨立:

對能源獨立和減少對化石燃料依賴的渴望是促進二次電池使用的全球驅動力。個人和企業正在投資太陽能電池板和其他分散式能源發電系統以及儲能解決方案,以減少對集中式電網和傳統能源的依賴。

汽車過程的電氣化:

各行業擴大實現流程電氣化,以減少碳排放並提高效率。這一趨勢跨越各個領域,包括製造業、農業和採礦業。電氣化通常涉及使用二次電池為電動機械和設備提供動力,從而導致對堅固耐用的電池解決方案的需求增加。

消費者意識和環境問題:

消費者對環境問題的意識不斷增強,加上對污染和氣候變遷的擔憂,對汽車二次電池市場產生了重大影響。消費者擴大選擇符合其價值觀的產品和技術,選擇電動車和再生能源解決方案而不是傳統替代方案。

供應鏈考量:

全球供應鏈,特別是鋰、鈷和鎳等關鍵原料的供應鏈,對汽車二次電池市場產生了重大影響。地緣政治因素、採礦法規以及這些材料的可用性可能會影響電池的生產和定價。我們正在努力實現供應鏈多元化並探索替代材料,以降低供應鏈風險。

總之,全球汽車二次電池市場是由多種因素共同推動的,包括電動車的興起、再生能源的整合、消費性電子產品的激增、公用事業規模的儲能、政府法規和激勵措施、技術進步、追求能源獨立、汽車電氣化、消費者的環境問題意識以及供應鏈考量。這些促進因素相互關聯,共同塑造汽車二次電池市場的發展軌跡,使其成為一個充滿活力且快速發展的產業,對永續發展和全球經濟產生深遠影響。

主要市場挑戰

能量密度和容量限制:

汽車二次電池市場的主要挑戰之一是當前電池技術能量密度和容量的限制。儘管近年來取得了進步,但主導市場的鋰離子電池仍然難以與化石燃料的能量密度相符。這項限制影響了電動車 (EV) 的續航里程和效率以及電網規模應用中能量儲存的持續時間。研究人員正在積極致力於透過固態電池等創新來提高能量密度,但這些技術尚未廣泛應用,並面臨一系列挑戰。

循環壽命和分解:

二次電池會隨著時間的推移而退化,導致容量和效能下降。這種循環壽命問題在電池頻繁循環的應用中尤其重要,例如電動車和汽車電子產品。電池退化不僅會影響使用者體驗,還會導致成本增加,因為需要更頻繁地更換電池。延長電池循環壽命和最大限度減少容量衰減的研究正在進行中,但這仍然是一個重大挑戰。

安全問題

安全性是汽車二次電池市場的首要關注點,尤其是鋰離子電池。這些電池很容易發生熱失控,在某些條件下(包括物理損壞或過熱)可能導致火災或爆炸。確保電池技術的安全性是一項持續的挑戰,需要開發有效的熱管理系統、改進的電解質和先進的安全功能。解決這些安全問題對於建立消費者信任和促進二次電池的更廣泛採用至關重要。

原物料供應狀況與價格波動:

汽車二次電池產業嚴重依賴鋰、鈷、鎳和石墨等關鍵原料。由於地緣政治緊張局勢、採礦法規和供應鏈中斷等因素,這些材料的供應和價格可能會波動。隨著電池需求的持續成長,人們擔心潛在的材料短缺和價格飆升,這可能會影響二次電池的整體成本和可用性。正在對替代材料和回收技術進行研究,以減輕這些供應鏈風險。

環境影響與回收:

雖然二次電池被視為比化石燃料更環保的替代品,但它們並非沒有環境挑戰。電池生產,特別是鋰離子電池的生產,可能會對環境產生重大影響,包括資源開採、能源密集製造流程和廢棄物處理問題。此外,電池的回收率相對較低,處理不當會導致環境污染。該行業面臨著開發更永續的電池材料、改進回收方法以及建立閉迴路供應鏈以最大限度地減少環境足跡的挑戰。

成本和承受能力:

二次電池的成本仍然是其在各種應用中廣泛採用的障礙。例如,與傳統內燃機汽車相比,電動車的前期成本仍然較高,這主要是由於電池組的成本。降低電池成本是一項關鍵挑戰,因為這將使電動車和再生能源儲存對消費者來說更加經濟實惠。規模經濟、技術進步和製造流程創新都有助於降低成本。

充電基礎設施:

就電動車而言,缺乏全面的充電基礎設施是一項重大挑戰。續航里程焦慮,或擔心無法充電而耗盡電池電量,仍然是潛在電動車購買者的擔憂。開發強大且廣泛的充電網路對於電動車的大規模採用至關重要。政府和私人公司正在努力透過投資充電基礎設施來應對這項挑戰,但這仍然是一項正在進行的工作。

主要市場趨勢

鋰離子主導地位的崛起:

汽車二次電池市場最突出的趨勢是鋰離子電池的持續主導地位。這些電池因其高能量密度、長循環壽命和可靠性而受到青睞,使其成為從電動車到消費性電子產品和電網規模儲能等廣泛應用的首選。隨著鋰離子技術的不斷改進,它鞏固了其作為行業標準的地位。

這一趨勢的意義在於,鋰離子電池已成為能源儲存事實上的選擇,從而帶來了規模經濟、降低了成本並加速了技術進步。然而,它也凸顯了對鋰、鈷和鎳等關鍵材料供應的擔憂,以及對永續和安全回收方法的需求。

固態電池的進步:

固態電池是一項很有前景的技術,代表了汽車二次電池市場的主要趨勢。這些電池以固態電解質取代了傳統鋰離子電池中的液體或凝膠電解質,具有更高的能量密度、更快的充電、更長的循環壽命和更高的安全性等優點。固態電池有潛力徹底改變各個產業,包括電動車、消費性電子產品和再生能源儲存。

這一趨勢的意義在於固態電池有可能解決傳統鋰離子電池的一些局限性,特別是在安全性和能量密度方面。然而,大規模商業化固態電池仍然是一個挑戰,克服製造和成本障礙對於廣泛採用至關重要。

更加關注永續性:

在環境問題和監管壓力的推動下,永續發展是汽車二次電池市場的成長趨勢。製造商越來越強調在電池生產中使用永續材料,以及改進回收過程以減少電池對環境的影響。考慮到電動車和再生能源儲存中使用的大量電池,這一趨勢尤其重要。

這一趨勢的意義是雙重的。首先,它解決了與電池生產和處置相關的環境問題,與全球減少碳排放的努力保持一致。其次,它透過促進回收和負責任的採購,有助於確保關鍵電池材料的穩定和永續的供應鏈。

細分市場洞察

鋰離子電池技術洞察

在不同類型的電池技術中,鋰離子電池(LIB)預計將在預測期後半段主導汽車二次電池市場,這主要是由於其有利的容量重量比。此外,在促進鋰離子電池採用方面發揮重要作用的其他因素包括更好的性能、更高的能量密度和更低的價格。由於能量密度高,鋰離子電池的價格從2013年的668美元/kWh大幅下降至2021年的123美元/kWh,成為所有電池中利潤豐厚的選擇。鋰離子電池傳統上用於消費性電子設備,例如手機、筆記型電腦和個人電腦。然而,由於電動車不排放任何二氧化碳、氮氧化物或任何其他物質,因此對環境影響較小等因素,它們擴大被重新設計,用作混合動力和全電動汽車(EV) 系列的首選動力源。溫室氣體。鋰離子電池製造工廠主要位於亞太地區、北美和歐洲。比亞迪有限公司和 LG 化學有限公司等主要市場參與者計劃在亞太地區(主要是印度、中國和韓國)建立新的製造工廠。因此,基於這些因素,鋰離子電池技術預計將在預測期內主導汽車二次電池市場。

區域洞察

預計亞太地區將在預測期內主導市場。由於該地區電氣化活動的增加,整個亞太電池市場預計在未來十年將顯著成長。電池回收尚未在很大程度上滲透到市場。該地區電池市場主要受到印度、中國、日本、韓國等國家電子製造、發電、通訊和資訊產業發展的推動。印度等發展中國家缺乏穩固的電網基礎設施,導致停電頻繁,尤其是在農村地區。因此,電網基礎設施的缺乏、對穩定電力的高需求以及對備用電源解決方案的需求預計將推動對汽車雙碳電池的需求。此外,各國政府紛紛主動資助儲能計畫以滿足本國能源需求。中國和一些南亞國家正在提出新的商業模式和相關融資工具,以投資電池儲能專案。然而,在短期內,該地區可能會面臨石墨碳價格上漲的挑戰,石墨碳是電池回收製造過程中使用的主要原料。石墨碳價格上漲主要是因為中國石墨電極供應大幅減少。在目前情況下,石墨電極的需求遠高於供應。該地區也正在進行電池回收技術的研究。例如,2021 年 4 月,印度印度理工學院海得拉巴分校的研究人員開發了一種電池回收技術,可以將電池總成本降低多達 20-25%,同時也對環境友善。進一步的研究正在進行中,以提高電池的能量密度。因此,基於上述因素,預計亞太地區在預測期內將顯著成長。

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
  • 涵蓋的市場
  • 研究年份
  • 主要市場區隔

第 2 章:研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章:執行摘要

第 4 章:客戶之聲

第 5 章:全球汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術分類(鉛酸電池、鋰離子電池等)
    • 按類型(HEV、PHEV 和 EV)
    • 按地區
  • 按公司分類 (2022)
  • 市場地圖

第 6 章:北美汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術
    • 按類型
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第7章:亞太汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術
    • 按類型
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 印尼

第 8 章:歐洲汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術
    • 按類型
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 英國
    • 法國
    • 俄羅斯
    • 西班牙

第 9 章:南美洲汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術
    • 按類型
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷

第 10 章:中東和非洲汽車二次電池市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依技術
    • 按類型
    • 按國家/地區
  • 中東和非洲:國家分析
    • 沙烏地阿拉伯
    • 南非
    • 阿拉伯聯合大公國
    • 以色列
    • 埃及

第 11 章:市場動態

  • 促進要素
  • 挑戰

第 12 章:市場趨勢與發展

第 13 章:公司簡介

  • 優美科
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 檢索技術
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 美國電池技術公司(ABTC)
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 鋰循環
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 水族金屬
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 電池解決方案
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 雷庫皮爾
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 地鼠資源
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 嘉能可回收
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • Retech回收技術AB
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services

第 14 章:策略建議

第 15 章:關於我們與免責聲明

簡介目錄
Product Code: 19565

Global Automotive Secondary Battery Market was valued at USD 48.16 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 10.25%through 2028. The global Automotive Secondary Battery market is a dynamic and growing market, but it is also facing a number of challenges. Battery manufacturers and governments are working to address these challenges, but it is important to be aware of the potential impact on industry and consumers. technological advancements are leading to the development of more efficient and durable secondary batteries. This is making EVs more attractive to consumers and is helping to drive the growth of the automotive secondary battery market. The cost of secondary batteries has been declining steadily in recent years, making them more affordable for EV manufacturers and consumers. This is helping to drive the adoption of EVs and the growth of the automotive secondary battery market. Renewable energy sources, such as solar and wind power, are becoming increasingly popular, as they offer a clean and sustainable alternative to fossil fuels. However, renewable energy sources are intermittent, meaning that they do not produce electricity all the time. Secondary batteries can be used to store energy from renewable energy sources when it is available, so that it can be used to power EVs and other devices when renewable energy sources are not available. EVs are becoming increasingly popular, as they offer a number of advantages over traditional gasoline-powered vehicles, such as lower fuel costs, reduced emissions, and a more environmentally friendly driving experience. EVs require secondary batteries to power their electric motors, so the growing demand for EVs is driving the growth of the automotive secondary battery market.

Key Market Drivers

Growing Demand for Electric Vehicles (EVs):

Market Overview
Forecast Period2024-2028
Market Size 2022USD 48.16 Billion
Market Size 2028USD 90.81 Billion
CAGR 2023-202810.25%
Fastest Growing SegmentLithium-ion Battery Technology
Largest MarketAsia-Pacific

The surge in the adoption of electric vehicles (EVs) is a prominent driver of the Automotive Secondary Battery market. As the world shifts towards cleaner and more sustainable transportation solutions to mitigate the impact of climate change, lithium-ion batteries have emerged as the primary energy storage solution for EVs. Lithium-ion batteries offer the high energy density, longer cycle life, and fast charging capabilities necessary for electric vehicles. The growth of the EV market directly fuels the demand for secondary batteries, driving technological advancements and economies of scale, which, in turn, reduce costs and make batteries more accessible to consumers.

The integration of renewable energy sources, such as solar and wind power, into the electricity grid is another significant driver. To manage the intermittency of renewables and ensure a stable energy supply, energy storage systems (ESS) are required. Secondary batteries play a crucial role in ESS by storing excess energy when supply exceeds demand and releasing it when demand surpasses supply. This integration not only promotes the utilization of clean energy but also enhances grid resilience and reliability, thereby driving the demand for secondary batteries.

Consumer Electronics and Automotive Devices:

The proliferation of consumer electronics and Automotive devices is a long-standing driver of the Automotive Secondary Battery market. Smartphones, laptops, tablets, and wearables all rely on rechargeable lithium-ion batteries, which have become lighter, more efficient, and longer-lasting over time. Consumer demand for longer battery life and increased device portability continues to fuel innovation in battery technology, leading to the development of more advanced and energy-dense batteries.

Energy Storage for Utilities:

Secondary batteries are increasingly used by utility companies for grid-scale energy storage. These large-scale energy storage projects are instrumental in stabilizing power grids, improving load management, and facilitating the integration of renewable energy sources. As utilities strive to reduce reliance on fossil fuels and transition to cleaner energy options, the demand for secondary batteries in utility-scale energy storage projects continues to grow.

Government Regulations and Incentives:

Government policies and regulations play a pivotal role in driving the Automotive Secondary Battery market. Many countries have implemented regulations to reduce greenhouse gas emissions and promote the adoption of electric vehicles and renewable energy sources. These regulations often include incentives such as tax credits, subsidies, and emissions targets that encourage the development and adoption of secondary batteries. Additionally, regulations regarding the disposal and recycling of batteries have led to increased research into sustainable battery materials and recycling technologies.

Advancements in Battery Technology:

Continuous advancements in battery technology are a fundamental driver of the Automotive Secondary Battery market. Researchers and manufacturers are constantly working to improve battery performance, energy density, safety, and cost-effectiveness. Innovations such as solid-state batteries, which promise higher energy density and enhanced safety, have the potential to revolutionize various industries, including EVs and consumer electronics.

Global Push for Energy Independence:

The desire for energy independence and reduced reliance on fossil fuels is a global driver that promotes the use of secondary batteries. Individuals and businesses are investing in solar panels and other distributed energy generation systems coupled with energy storage solutions to reduce their dependence on centralized power grids and traditional energy sources.

Electrification of Automotive Processes:

Industries are increasingly electrifying their processes to reduce carbon emissions and improve efficiency. This trend spans various sectors, including manufacturing, agriculture, and mining. Electrification often involves the use of secondary batteries to power electric machinery and equipment, leading to increased demand for robust and long-lasting battery solutions.

Consumer Awareness and Environmental Concerns:

Growing consumer awareness of environmental issues, coupled with concerns about pollution and climate change, has a significant influence on the Automotive Secondary Battery market. Consumers are increasingly opting for products and technologies that align with their values, choosing electric vehicles and renewable energy solutions over traditional alternatives.

Supply Chain Considerations:

The global supply chain, particularly for critical raw materials like lithium, cobalt, and nickel, significantly impacts the Automotive Secondary Battery market. Geopolitical factors, mining regulations, and the availability of these materials can affect battery production and pricing. Efforts to diversify the supply chain and explore alternative materials are ongoing to mitigate supply chain risks.

In summary, the global Automotive Secondary Battery market is driven by a confluence of factors that include the rise of electric vehicles, the integration of renewable energy, the proliferation of consumer electronics, utility-scale energy storage, government regulations and incentives, technological advancements, the pursuit of energy independence, Automotive electrification, consumer awareness of environmental concerns, and supply chain considerations. These drivers are interconnected and collectively shape the trajectory of the Automotive Secondary Battery market, making it a dynamic and rapidly evolving industry with profound implications for sustainability and the global economy.

Key Market Challenges

Energy Density and Capacity Limitations:

One of the primary challenges in the Automotive Secondary Battery market is the limitation in energy density and capacity of current battery technologies. Despite advancements in recent years, lithium-ion batteries, which dominate the market, still struggle to match the energy density of fossil fuels. This limitation impacts the range and efficiency of electric vehicles (EVs) and the duration of energy storage in grid-scale applications. Researchers are actively working on improving energy density through innovations such as solid-state batteries, but these technologies are not yet widely available and face their own set of challenges.

Cycle Life and Degradation:

Secondary batteries degrade over time, leading to reduced capacity and performance. This cycle life issue is especially critical in applications where batteries are cycled frequently, such as in EVs and Automotive electronics. Battery degradation not only affects the user experience but also contributes to increased costs as batteries need to be replaced more frequently. Research into extending battery cycle life and minimizing capacity fade is ongoing, but it remains a significant challenge.

Safety Concerns

Safety is a paramount concern in the Automotive Secondary Battery market, particularly for lithium-ion batteries. These batteries can be prone to thermal runaway, which can lead to fires or explosions under certain conditions, including physical damage or overheating. Ensuring the safety of battery technologies is a constant challenge, necessitating the development of effective thermal management systems, improved electrolytes, and advanced safety features. Addressing these safety concerns is essential to building consumer trust and facilitating the broader adoption of secondary batteries.

Raw Material Availability and Price Volatility:

The Automotive Secondary Battery industry relies heavily on critical raw materials like lithium, cobalt, nickel, and graphite. The availability and price of these materials can be volatile due to factors like geopolitical tensions, mining regulations, and supply chain disruptions. As demand for batteries continues to grow, there are concerns about potential material shortages and price spikes, which can impact the overall cost and availability of secondary batteries. Research into alternative materials and recycling techniques is ongoing to mitigate these supply chain risks.

Environmental Impact and Recycling:

While secondary batteries are seen as a more environmentally friendly alternative to fossil fuels, they are not without environmental challenges. Battery production, particularly for lithium-ion batteries, can have significant environmental impacts, including resource extraction, energy-intensive manufacturing processes, and waste disposal concerns. Additionally, the recycling rates for batteries are relatively low, and improper disposal can lead to environmental contamination. The industry faces the challenge of developing more sustainable battery materials, improving recycling methods, and establishing a closed-loop supply chain to minimize its environmental footprint.

Cost and Affordability:

The cost of secondary batteries remains a barrier to widespread adoption in various applications. Electric vehicles, for instance, still have a higher upfront cost compared to traditional internal combustion engine vehicles, largely due to the cost of the battery pack. Reducing the cost of batteries is a critical challenge, as it would make electric vehicles and renewable energy storage more affordable and accessible to consumers. Economies of scale, technological advancements, and innovations in manufacturing processes are all contributing to cost reduction efforts.

Charging Infrastructure:

In the case of electric vehicles, the lack of a comprehensive charging infrastructure is a significant challenge. Range anxiety, or the fear of running out of battery power without access to charging, remains a concern for potential EV buyers. Developing a robust and widespread charging network is essential to the mass adoption of electric vehicles. Governments and private companies are working to address this challenge by investing in charging infrastructure, but it remains a work in progress.

Key Market Trends

Rise of Lithium-ion Dominance:

The most prominent trend in the Automotive Secondary Battery market is the continued dominance of lithium-ion batteries. These batteries are favored for their high energy density, long cycle life, and reliability, making them the go-to choice for a wide range of applications, from electric vehicles to consumer electronics and grid-scale energy storage. As lithium-ion technology continues to improve, it reinforces its position as the industry standard.

The significance of this trend lies in the fact that lithium-ion batteries have become the de facto choice for energy storage, which has led to economies of scale, reduced costs, and accelerated technological advancements. However, it also highlights concerns about the supply of critical materials like lithium, cobalt, and nickel, as well as the need for sustainable and safe recycling methods.

Advancements in Solid-State Batteries:

Solid-state batteries are a promising technology that represents a major trend in the Automotive Secondary Battery market. These batteries replace the liquid or gel electrolyte in traditional lithium-ion batteries with a solid electrolyte, offering advantages such as higher energy density, faster charging, longer cycle life, and improved safety. Solid-state batteries have the potential to revolutionize various industries, including electric vehicles, consumer electronics, and renewable energy storage.

The significance of this trend lies in the potential of solid-state batteries to address some of the limitations of traditional lithium-ion batteries, particularly in terms of safety and energy density. However, commercializing solid-state batteries at scale remains a challenge, and overcoming manufacturing and cost barriers is crucial for their widespread adoption.

Increased Focus on Sustainability:

Sustainability is a growing trend in the Automotive Secondary Battery market, driven by environmental concerns and regulatory pressure. Manufacturers are increasingly emphasizing the use of sustainable materials in battery production, as well as improving recycling processes to reduce the environmental impact of batteries. This trend is particularly relevant given the massive quantities of batteries used in electric vehicles and renewable energy storage.

The significance of this trend is twofold. First, it addresses the environmental concerns associated with battery production and disposal, aligning with global efforts to reduce carbon emissions. Second, it helps ensure a stable and sustainable supply chain for critical battery materials by promoting recycling and responsible sourcing.

Segmental Insights

Lithium-ion Battery Technology Insights

Among different types of battery technologies, lithium-ion battery (LIB) is expected to dominate the Automotive Secondary Battery market in the latter part of the forecast period, majorly due to its favourable capacity-to-weight ratio. Also, other factors that play an important role in boosting the LIB adoption include better performance, higher energy density, and decreasing price. Due to its high energy density, the price of lithium-ion batteries decreased considerably from USD 668/kWh in 2013 to USD 123/kWh in 2021, making it a lucrative choice among all batteries. Lithium-ion batteries have traditionally been used in consumer electronic devices, such as mobile phones, notebooks, and PCs. However, they are increasingly being redesigned for use as the power source of choice in hybrid and the complete electric vehicle (EV) range, owing to factors such as low environmental impact, as EVs do not emit any CO2, nitrogen oxides, or any other greenhouse gases. LIB manufacturing facilities are majorly located in Asia-Pacific, North America, and Europe. Major market players, such as BYD Company Limited and LG Chem Ltd, have plans to set up new manufacturing facilities in the Asia-Pacific region, primarily in India, China, and South Korea. Therefore, based on such factors, lithium-ion battery technology is expected to dominate the Automotive Secondary Battery market during the forecast period.

Regional Insights

Asia Pacific is expected to dominate the market during the forecast period. The Asia-Pacific battery market as a whole is expected to grow significantly over the coming decade due to increased electrification activities in the region. The Battery Recycling has not yet penetrated the market on a significant level. The battery market in this region is mainly driven by developments in the electronics manufacturing, power generation, communication, and information industries in countries like India, China, Japan, and South Korea. Developing countries, like India, lack a firm grid infrastructure, which causes power cuts and blackouts frequently, mostly in rural areas. Thus, the lack of grid infrastructure, high demand for steady power, and the need for power backup solutions are expected to drive the demand for Automotive dual carbon batteries. Moreover, the governments of various countries have taken initiatives to finance energy storage projects to fulfill the energy requirements in their countries. China and a few South Asian countries are coming up with new business models and associated financing instruments to invest capital in battery energy storage projects. In a short-term scenario, however, the region is likely to witness challenges from rising prices of graphite carbon, which is a major raw material used in the Battery Recycling manufacturing process. Rising prices of graphite carbon are majorly a result of a sharp cut in the supply of graphite electrodes from China. In the present scenario, the demand for graphite electrodes is significantly higher compared to the supply. Research on Battery Recycling technology is also underway in the region. For instance, in April 2021, researchers at IIT Hyderabad, India, developed a Battery Recycling that can cut the overall battery cost by as much as 20-25%, along with being environment-friendly. Further research is underway to increase the energy density of the battery. Therefore, based on the above-mentioned factors, Asia-Pacific is expected to witness significant growth during the forecast period.

Key Market Players

Umicore

Retriev Technologies

American Battery Technology Company (ABTC)

Li-Cycle

Aqua Metals

Battery Solutions

Recupyl

Gopher Resource

Glencore Recycling

Retech Recycling Technology AB.

Report Scope:

In this report, the Global Automotive Secondary Battery Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Secondary Battery Market, By Technology:

  • Lead-acid Batteries
  • Lithium-ion Batteries
  • Other Technologies

Automotive Secondary Battery Market, By Type:

  • HEV
  • PHEV
  • EV

Automotive Secondary Battery Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Europe
  • Germany
  • United Kingdom
  • France
  • Russia
  • Spain
  • South America
  • Brazil
  • Argentina
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • UAE
  • Israel

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Automotive Secondary Battery Market.

Available Customizations:

  • Global Automotive Secondary Battery Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
  • 1.3. Markets Covered
  • 1.4. Years Considered for Study
  • 1.5. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

4. Voice of Customers

5. Global Automotive Secondary Battery Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Technology (Lead-acid Batteries, Lithium-ion Batteries, and Others)
    • 5.2.2. By Type (HEV, PHEV, and EV)
    • 5.2.3. By Region
  • 5.3. By Company (2022)
  • 5.4. Market Map

6. North America Automotive Secondary Battery Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Technology
    • 6.2.2. By Type
    • 6.2.3. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Automotive Secondary Battery Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Technology
        • 6.3.1.2.2. By Type
    • 6.3.2. Canada Automotive Secondary Battery Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Technology
        • 6.3.2.2.2. By Type
    • 6.3.3. Mexico Automotive Secondary Battery Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Technology
        • 6.3.3.2.2. By Type

7. Asia-Pacific Automotive Secondary Battery Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Technology
    • 7.2.2. By Type
    • 7.2.3. By Country
  • 7.3. Asia-Pacific: Country Analysis
    • 7.3.1. China Automotive Secondary Battery Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Technology
        • 7.3.1.2.2. By Type
    • 7.3.2. India Automotive Secondary Battery Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Technology
        • 7.3.2.2.2. By Type
    • 7.3.3. Japan Automotive Secondary Battery Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Technology
        • 7.3.3.2.2. By Type
    • 7.3.4. South Korea Automotive Secondary Battery Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Technology
        • 7.3.4.2.2. By Type
    • 7.3.5. Indonesia Automotive Secondary Battery Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Technology
        • 7.3.5.2.2. By Type

8. Europe Automotive Secondary Battery Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Technology
    • 8.2.2. By Type
    • 8.2.3. By Country
  • 8.3. Europe: Country Analysis
    • 8.3.1. Germany Automotive Secondary Battery Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Technology
        • 8.3.1.2.2. By Type
    • 8.3.2. United Kingdom Automotive Secondary Battery Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Technology
        • 8.3.2.2.2. By Type
    • 8.3.3. France Automotive Secondary Battery Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Technology
        • 8.3.3.2.2. By Type
    • 8.3.4. Russia Automotive Secondary Battery Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Technology
        • 8.3.4.2.2. By Type
    • 8.3.5. Spain Automotive Secondary Battery Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Technology
        • 8.3.5.2.2. By Type

9. South America Automotive Secondary Battery Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Technology
    • 9.2.2. By Type
    • 9.2.3. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Automotive Secondary Battery Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Technology
        • 9.3.1.2.2. By Type
    • 9.3.2. Argentina Automotive Secondary Battery Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Technology
        • 9.3.2.2.2. By Type

10. Middle East & Africa Automotive Secondary Battery Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Technology
    • 10.2.2. By Type
    • 10.2.3. By Country
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. Saudi Arabia Automotive Secondary Battery Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Technology
        • 10.3.1.2.2. By Type
    • 10.3.2. South Africa Automotive Secondary Battery Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Technology
        • 10.3.2.2.2. By Type
    • 10.3.3. UAE Automotive Secondary Battery Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Technology
        • 10.3.3.2.2. By Type
    • 10.3.4. Israel Automotive Secondary Battery Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Technology
        • 10.3.4.2.2. By Type
    • 10.3.5. Egypt Automotive Secondary Battery Market Outlook
      • 10.3.5.1. Market Size & Forecast
        • 10.3.5.1.1. By Value
      • 10.3.5.2. Market Share & Forecast
        • 10.3.5.2.1. By Technology
        • 10.3.5.2.2. By Type

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenge

12. Market Trends & Developments

13. Company Profiles

  • 13.1. Umicore
    • 13.1.1. Business Overview
    • 13.1.2. Key Revenue and Financials
    • 13.1.3. Recent Developments
    • 13.1.4. Key Personnel
    • 13.1.5. Key Product/Services
  • 13.2. Retriev Technologies
    • 13.2.1. Business Overview
    • 13.2.2. Key Revenue and Financials
    • 13.2.3. Recent Developments
    • 13.2.4. Key Personnel
    • 13.2.5. Key Product/Services
  • 13.3. American Battery Technology Company (ABTC)
    • 13.3.1. Business Overview
    • 13.3.2. Key Revenue and Financials
    • 13.3.3. Recent Developments
    • 13.3.4. Key Personnel
    • 13.3.5. Key Product/Services
  • 13.4. Li-Cycle
    • 13.4.1. Business Overview
    • 13.4.2. Key Revenue and Financials
    • 13.4.3. Recent Developments
    • 13.4.4. Key Personnel
    • 13.4.5. Key Product/Services
  • 13.5. Aqua Metals
    • 13.5.1. Business Overview
    • 13.5.2. Key Revenue and Financials
    • 13.5.3. Recent Developments
    • 13.5.4. Key Personnel
    • 13.5.5. Key Product/Services
  • 13.6. Battery Solutions
    • 13.6.1. Business Overview
    • 13.6.2. Key Revenue and Financials
    • 13.6.3. Recent Developments
    • 13.6.4. Key Personnel
    • 13.6.5. Key Product/Services
  • 13.7. Recupyl
    • 13.7.1. Business Overview
    • 13.7.2. Key Revenue and Financials
    • 13.7.3. Recent Developments
    • 13.7.4. Key Personnel
    • 13.7.5. Key Product/Services
  • 13.8. Gopher Resource
    • 13.8.1. Business Overview
    • 13.8.2. Key Revenue and Financials
    • 13.8.3. Recent Developments
    • 13.8.4. Key Personnel
    • 13.8.5. Key Product/Services
  • 13.9. Glencore Recycling
    • 13.9.1. Business Overview
    • 13.9.2. Key Revenue and Financials
    • 13.9.3. Recent Developments
    • 13.9.4. Key Personnel
    • 13.9.5. Key Product/Services
  • 13.10. Retech Recycling Technology AB
    • 13.10.1. Business Overview
    • 13.10.2. Key Revenue and Financials
    • 13.10.3. Recent Developments
    • 13.10.4. Key Personnel
    • 13.10.5. Key Product/Services

14. Strategic Recommendations

15. About Us & Disclaimer