Conrad Nichols

2 weeks ago | idtechex.com | Conrad Nichols |Alex Holland

IDTechEx forecasts that the Li-ion battery recycling market will reach US$52B in value by 2045. Li-ion battery (LIB) demand continues to grow across electric vehicle (EV), energy storage system (ESS), and consumer electronics markets. The sustainability of Li-ion batteries relies on their entire lifecycle management, including at end-of-life (EOL). Eventually, LIBs no longer meet their performance requirements and reach EOL.

3 weeks ago | idtechex.com | Sample pages |Jack Howley |Conor O'Brien |Conrad Nichols

Ion exchange membrane market to exceed US$2.9B by 2035 IDTechEx forecasts that the ion exchange membrane market will exceed US$2.9B in revenue annually by 2035, driven by growth in decarbonized energy and transport applications. Water electrolyzers for green hydrogen production, hydrogen fuel cells, and redox flow batteries represent key ion exchange membrane growth markets.

Dec 17, 2024 | idtechex.com | Conrad Nichols

As suggested in their newly updated market report "Second-life Electric Vehicle Batteries 2025-2035: Markets, Forecasts, Players, and Technologies", IDTechEx forecasts the second-life EV battery market to grow to US$4.2B in value by 2035, given the increasing availability of retired EV batteries over the coming decade. Li-ion batteries in electric vehicles may be used for 6-15 years, depending on the application and their degradation over time.

Dec 9, 2024 | idtechex.com | Conrad Nichols

IDTechEx forecasts that by 2035, the second-life electric vehicle (EV) battery market will be valued at US$4.2B. Giving EV batteries a second life maximizes their value, extends their lifetime before recycling, and contributes to a circular battery economy. However, first-life Li-ion battery energy storage system (BESS) prices have continued to reduce, which has made it increasingly difficult for repurposers to offer their second-life BESS technologies at cost competitive prices.

Dec 4, 2024 | idtechex.com | Conrad Nichols

Li-ion batteries are the most widely deployed battery technology in electric vehicle (EV) and energy storage (ES) markets. Depending on the Li-ion battery chemistry, the technology outperforms many competing battery and energy storage technologies in terms of cost and other performance metrics such as cycle life and energy density. As a reliable and well-performing technology for battery energy storage systems (BESS), its demand in the global ES market has continued to grow at an impressive pace.