Market Overview:
The global lithium-ion battery recycling solution market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising concerns over environmental pollution. The global lithium-ion battery recycling solution market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into fleet management, remote data access, and others. Fleet management dominates the global lithium-ion battery recycling solution market owing to its ability to provide real-time information about vehicle location, fuel efficiency, engine diagnostics etc., which helps in reducing operational costs. On the basis of application, freight train holds a major share in terms of revenue in 2018 and is expected to maintain its dominance duringthe forecast period as well owingto increasein adoptionof electric trains across various countries worldwide.
Product Definition:
Lithium-ion Battery recycling is the process of recovering usable lithium from spent or damaged lithium-ion batteries.
Fleet Management:
Fleet management is a service that helps to track vehicles and their condition in real-time. It provides information on fuel level, maintenance status, location etc. This data is very useful for the vehicle owners as well as fleet operators who can use this information to make better decisions regarding vehicle maintenance or operations. Fleet management systems are used across various industry verticals such as transportation & logistics, automotive and government sectors which has led to its high adoption rate in the market over the past few years.
Remote Data Access:
The global remote data access market is expected to witness significant growth over the forecast period. The need for real-time data tracking and efficient management of large amounts of data generated from connected devices has increased the demand for solutions that provide remote access to information. This factor is anticipated to positively impact market growth in near future.
Application Insights:
The passenger train application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for passenger trains, particularly on account of growing urbanization and railway infrastructure development across the globe. Lithium-ion batteries are used in various applications including remote data access, freight train management, locomotive electronics and others on account of their ability to provide high power density with low weight as compared to other battery types.
The growing use of lithium-ion batteries in consumer electronics such as smartphones is expected to drive their demand from 2018 to 2030 owingto increased production levels globally coupled with rising disposable income levels among consumers especially in emerging markets such as China and India will further fuel industry expansion over the coming years.
Regional Analysis:
Asia Pacific region dominated the global market in 2017. The growing adoption of electric vehicles and demand for better public transportation are expected to drive the regional market over the forecast period. Increasing lithium-ion battery recycling rate in China is anticipated to boost revenue generation from USD X billion in 2016 to USD X billion by 2020, thereby accounting for a growth of over 45% during the same period.
The European region accounted for a significant share owing to increasing R&D investments by various organizations, such as EU-funded projects and academic institutes into developing Lithium-ion batteries that consume low amount of energy with high efficiency and long life span compared to other battery types used currently across industry verticals including automotive, medical & wearable devices, etc.
North America is projected as one of the promising regions due North America’s presence across key automotive markets including Mexico.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for lithium-ion batteries, which in turn will drive the growth of the lithium-ion battery recycling solution market.
- Stringent environmental regulations: Governments across the globe are implementing stringent environmental regulations, which is driving companies to adopt environmentally friendly technologies such as lithium-ion battery recycling solutions.
- Rising awareness about environment conservation: There has been a rise in awareness among consumers about environment conservation and its benefits over the past few years. This is encouraging them to adopt eco-friendly products such as lithium-ion battery recycling solutions.
- Technological advancements: The development of new and innovative technologies has led to an increase in adoption rates of lithium-ion battery recycling solutions among end users worldwide. This is likely to propel the growth of this market during the forecast period 2019–2024 . 5) Growing investments by key players: Key players are investing heavily in research and development (R&D) activities with a view to develop advanced and innovative Lithium ion Battery Recycling Solutions that can be adopted by various industries globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium-ion Battery Recycling Solution Market Research Report
By Type
Fleet Management, Remote Data Access, Others
By Application
Freight Train, Passenger Train
By Companies
Siemens, Hitachi Ltd., Alstom, Knorr-Bremse, Robert Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Lithium-ion Battery Recycling Solution Market Report Segments:
The global Lithium-ion Battery Recycling Solution market is segmented on the basis of:
Types
Fleet Management, Remote Data Access, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Freight Train, Passenger Train
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Hitachi Ltd.
- Alstom
- Knorr-Bremse
- Robert Bosch
Highlights of The Lithium-ion Battery Recycling Solution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fleet Management
- Remote Data Access
- Others
- By Application:
- Freight Train
- Passenger Train
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lithium-ion Battery Recycling Solution Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lithium-ion battery recycling solution is a process that recycles lithium ion batteries into new, working batteries. This process helps to reduce the amount of waste that is created from these types of batteries.
Some of the key players operating in the lithium-ion battery recycling solution market are Siemens, Hitachi Ltd., Alstom, Knorr-Bremse, Robert Bosch.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium-ion Battery Recycling Solution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lithium-ion Battery Recycling Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium-ion Battery Recycling Solution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lithium-ion Battery Recycling Solution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lithium-ion Battery Recycling Solution Market Size & Forecast, 2020-2028
4.5.1 Lithium-ion Battery Recycling Solution Market Size and Y-o-Y Growth
4.5.2 Lithium-ion Battery Recycling Solution Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fleet Management
5.2.2 Remote Data Access
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Freight Train
6.2.2 Passenger Train
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium-ion Battery Recycling Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lithium-ion Battery Recycling Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fleet Management
9.6.2 Remote Data Access
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Freight Train
9.10.2 Passenger Train
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fleet Management
10.6.2 Remote Data Access
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Freight Train
10.10.2 Passenger Train
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fleet Management
11.6.2 Remote Data Access
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Freight Train
11.10.2 Passenger Train
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fleet Management
12.6.2 Remote Data Access
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Freight Train
12.10.2 Passenger Train
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fleet Management
13.6.2 Remote Data Access
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Freight Train
13.10.2 Passenger Train
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lithium-ion Battery Recycling Solution Market: Competitive Dashboard
14.2 Global Lithium-ion Battery Recycling Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Hitachi Ltd.
14.3.3 Alstom
14.3.4 Knorr-Bremse
14.3.5 Robert Bosch
