Global Second-Life Battery Storage Systems Market Growth 2025-2031
Description
The global Second-Life Battery Storage Systems market size is predicted to grow from US$ 601 million in 2025 to US$ 899 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Second-life battery storage systems refer to energy storage solutions that repurpose used batteries—typically from electric vehicles (EVs)—for secondary applications once their capacity is no longer sufficient for automotive use but still viable for other less demanding energy storage needs. These systems extend the overall lifecycle of batteries by utilizing them in applications such as grid stabilization, renewable energy storage, and backup power, thereby reducing environmental impact and enhancing cost-effectiveness. They offer a sustainable approach to battery lifecycle management by delaying recycling or disposal.
Second-life battery storage systems typically feature energy capacities ranging from 5 kWh for residential units to over 100 MWh for utility-scale deployments, with power outputs spanning 3 kW to 50+ MW depending on application. These systems reuse lithium-ion chemistries—mainly NMC, LFP, or NCA—from retired EV batteries that retain 70–85% state of health (SOH), offering 1,000 to 3,000 additional charge cycles. Operating at voltages between 48V (residential) and 1000V+ (grid-scale), they deliver round-trip efficiencies of 80–90%. Thermal management systems (passive or active) maintain safe operation across -10°C to +50°C, while advanced battery management systems (BMS) ensure state of charge (SOC), safety, and performance optimization. Configurations include wall-mounted units, modular racks, and 20- or 40-foot containerized enclosures, supporting on-grid, off-grid, or hybrid integration via communication protocols like Modbus, CANbus, or RS485.
LP Information, Inc. (LPI) ' newest research report, the “Second-Life Battery Storage Systems Industry Forecast” looks at past sales and reviews total world Second-Life Battery Storage Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Second-Life Battery Storage Systems sales for 2025 through 2031. With Second-Life Battery Storage Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Second-Life Battery Storage Systems industry.
This Insight Report provides a comprehensive analysis of the global Second-Life Battery Storage Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Second-Life Battery Storage Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Second-Life Battery Storage Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Second-Life Battery Storage Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Second-Life Battery Storage Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Second-Life Battery Storage Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium Iron Phosphate (LFP)
Nickel Manganese Cobalt (NMC)
Nickel Cobalt Aluminum (NCA)
Hybrid Second-Life Systems
Segmentation by Application:
Residential
Commercial
Utility-Scale
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Connected Energy
B2U Storage Solutions
BeePlanet
Element Energy
Redwood Materials
Tesla Energy
CATL
Sonnen
Enphase Energy
Form Energy
LG Energy
Panasonic
BYD
Relectrify
Key Questions Addressed in this Report
What is the 10-year outlook for the global Second-Life Battery Storage Systems market?
What factors are driving Second-Life Battery Storage Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Second-Life Battery Storage Systems market opportunities vary by end market size?
How does Second-Life Battery Storage Systems break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Second-life battery storage systems refer to energy storage solutions that repurpose used batteries—typically from electric vehicles (EVs)—for secondary applications once their capacity is no longer sufficient for automotive use but still viable for other less demanding energy storage needs. These systems extend the overall lifecycle of batteries by utilizing them in applications such as grid stabilization, renewable energy storage, and backup power, thereby reducing environmental impact and enhancing cost-effectiveness. They offer a sustainable approach to battery lifecycle management by delaying recycling or disposal.
Second-life battery storage systems typically feature energy capacities ranging from 5 kWh for residential units to over 100 MWh for utility-scale deployments, with power outputs spanning 3 kW to 50+ MW depending on application. These systems reuse lithium-ion chemistries—mainly NMC, LFP, or NCA—from retired EV batteries that retain 70–85% state of health (SOH), offering 1,000 to 3,000 additional charge cycles. Operating at voltages between 48V (residential) and 1000V+ (grid-scale), they deliver round-trip efficiencies of 80–90%. Thermal management systems (passive or active) maintain safe operation across -10°C to +50°C, while advanced battery management systems (BMS) ensure state of charge (SOC), safety, and performance optimization. Configurations include wall-mounted units, modular racks, and 20- or 40-foot containerized enclosures, supporting on-grid, off-grid, or hybrid integration via communication protocols like Modbus, CANbus, or RS485.
LP Information, Inc. (LPI) ' newest research report, the “Second-Life Battery Storage Systems Industry Forecast” looks at past sales and reviews total world Second-Life Battery Storage Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Second-Life Battery Storage Systems sales for 2025 through 2031. With Second-Life Battery Storage Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Second-Life Battery Storage Systems industry.
This Insight Report provides a comprehensive analysis of the global Second-Life Battery Storage Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Second-Life Battery Storage Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Second-Life Battery Storage Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Second-Life Battery Storage Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Second-Life Battery Storage Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Second-Life Battery Storage Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium Iron Phosphate (LFP)
Nickel Manganese Cobalt (NMC)
Nickel Cobalt Aluminum (NCA)
Hybrid Second-Life Systems
Segmentation by Application:
Residential
Commercial
Utility-Scale
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Connected Energy
B2U Storage Solutions
BeePlanet
Element Energy
Redwood Materials
Tesla Energy
CATL
Sonnen
Enphase Energy
Form Energy
LG Energy
Panasonic
BYD
Relectrify
Key Questions Addressed in this Report
What is the 10-year outlook for the global Second-Life Battery Storage Systems market?
What factors are driving Second-Life Battery Storage Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Second-Life Battery Storage Systems market opportunities vary by end market size?
How does Second-Life Battery Storage Systems break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
108 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Second-Life Battery Storage Systems by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Second-Life Battery Storage Systems by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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