Battery Recycling Machine Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview By 2030
Battery Recycling Machine
Market Analysis:
Battery
Recycling Machine Market is projected to be worth USD 34.77
billion by 2030, registering a CAGR of 5.4% during the forecast period (2023 -
2030).
Our Market
Overview and Regional Analysis provide an understanding of the industries,
companies and products within the market. Our Trends section provides an
analysis of how the market is currently performing and looks set to perform in
the future. Our Growth Forecast section gives you an idea about how our Market
Analysis works, by giving us further details on how we can build our Market
Forecast model for a particular domain within this report. Lastly, in our
Metrics section we outline important data points relating to each of these
sections as well as our current forecasted price range.
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Segmentation Analysis
Lead-acid Batteries to
Lead in Global Market Share
Lead-acid batteries can
capture a huge market share owing to its reliability, efficiency, and wide
scope of applications. Its recyclable nature can be a plus for the Battery
Recycling Machine market over the
forecast period.
Automotive Batteries to be
Biggest Source for Global Market
Automotive batteries can
lead the market demand owing to shift to electric engines from conventional ICE
engines by manufacturers and increasing procurement of electric vehicles. Rapid
urbanization and large strides in batteries can drive segment growth during the
assessment period.
Competitive Analysis
Gopher Resource LLC (US), Retriev Technologies Inc. (US), Teck Resources Limited (Canada), Fortum Oyj (Finland), Battery Solutions, LLC (US), RSR Corporation (US), Exide Technologies (US), GEM Co., Ltd. (China), Gravita India Limited (India), East Penn Manufacturing Company, Inc. (US), Raw Materials Company Inc. (RMC) (Canada), COM2 Recycling Solutions (US), Contemporary Amperex Technology Co. Ltd. (CATL) (China), EnerSys (US), The Doe Run Company (US), American Manganese Inc. (Canada), Neometals Ltd (Australia), ECOBAT Logistics (UK), TES-AMM Singapore Pte Ltd (Singapore), Johnson Controls International plc (US), Aqua Metals, Inc. (US), Exide Industries Ltd. (India), Call2Recycle, Inc. (US), Glencore International AG (Switzerland), Terrapure Environmental (Canada), and Umicore (Belgium) are key players in the global Battery Recycling Machine market. Acquisitions are the main gameplay of players looking to sustain their position.
Regional Analysis
APAC to Capture Major
Market Shares
Asia-Pacific (APAC) is expected to capture a major share of the Battery Recycling Machine market owing to demand for electric vehicles and smart devices. Establishment of charging infrastructure and environmental regulations for curbing carbon emissions can drive regional market growth. China, India, and Japan can contribute to regional demand due to demand from the automotive sector.
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