Battery as a Service Market worth $14.45 billion in 2035
The global battery as a service industry is projected to grow from USD 0.66 billion in 2024 to USD 14.45 billion by 2035 at a CAGR of 32.4% during the forecast period. The growth of the market is primarily driven by the increasing demand for EVs with low upfront costs, along with the rising acceptance of EVs, particularly in cost-sensitive markets like India and China, where consumers prefer affordable...
EV Battery Recycling Market Size, Share, Report 2035
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.
The EV battery recycling market is driven by the dual objectives of reducing environmental impact and addressing resource scarcity, particularly for lithium, cobalt, and nickel. Recycled materials are often...