Second-life EV Batteries Competitor Analysis Report - Global Forecast to 2025
- June 2021 •
- 45 pages •
- Report ID: 6148510 •
- Format: PDF
The Global Second-life EV Batteries Market size was estimated at USD 17.15 Billion in 2019 and expected to reach USD 18.06 Billion in 2020, at a Compound Annual Growth Rate (CAGR) 8.84% to reach USD 28.52 Billion by 2025.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Second-life EV Batteries Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
"Hyundai Motor Company scored highest as a forefront vendor in FPNV Positioning Matrix for Second-life EV Batteries Market"
Forefront are rated highly by the users for product satisfaction and have substantially good business strategy scores. F-Forefront include Hyundai Motor Company, Bayerische Motoren Werke AG, and Nissan Motor Co., Ltd..
"Connected Energy Ltd. scored highest as a pathfinder and expected to the upcoming forefront in next couple of years"
Pathfinder have significant product satisfaction ratings but somehow lack business strategy as compared to forefronts and vitals. P-Pathfinder include Connected Energy Ltd., Relectrify Pty Ltd, and ReJoule Inc..
"BYD Company Ltd. named as an upcoming vendor to watch in Second-life EV Batteries Market"
Niche solutions cater to the need of comparatively smaller segment of the overall market. They do not have the business strategy of the Forefront. They may have been rated positively on product satisfaction but have not yet received enough reviews to validate them. N-Niche include BYD Company Ltd..
"Innovative offerings by Tesla, Inc. expected to increase its product satisfaction level for Second-life EV Batteries Market in upcoming years"
Vital have comparatively good business strategy but have not yet achieved the business strategy of the Forefront. However, they have low product satisfaction ratings. V-Vital include Tesla, Inc., Toyota Motor Corporation, and Daimler AG.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.
Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Second-life EV Batteries Market, including Bayerische Motoren Werke AG, BYD Company Ltd., Connected Energy Ltd., Daimler AG, Hyundai Motor Company, Nissan Motor Co., Ltd., ReJoule Inc., Relectrify Pty Ltd, Tesla, Inc., and Toyota Motor Corporation.