The global black mass recycling market is projected to reach $52,990.87 million by 2031 from $9,220.51 million in 2022, growing at a CAGR of 21.45% during the forecast period 2022-2031. The black mass recycling market is a fast-expanding industry that deals with the reprocessing and recovery of essential metals from discharged lithium-ion batteries.

The market for these batteries is anticipated to expand rapidly as electric vehicles gain popularity, which will also fuel the expansion of the black mass market for recycling. In addition, there are a few key players who dominate the black mass recycling market, including Umicore, BASF SE, Tenova S.p.A., and many more. Nonetheless, a large number of new competitors are anticipated to enter the market in the upcoming years, increasing competition and spurring additional growth and innovation.

Market Lifecycle Stage

The global black mass recycling market is in a growing phase. New trends, such as rising investments in recycling technologies, increasing traction of second-life batteries, change in business models of companies due to climate action, increasing demand for lithium-ion batteries and raw materials across the value chain, and development of economic and environmental technologies, are further expected to provide opportunities for the market to grow in the coming years.

Industrial Impact

Black mass recycling has a large industry influence since it provides numerous environmental and economic benefits. Furthermore, it has a significant effect on end-use sectors since it provides a plethora of benefits that can increase their efficiency, lower their costs, and give them a consistent source of important metals.

With an increased worldwide focus on circular economic principles and the advancements in recycling technologies for the recovery of high-performance metals, there is an increasing shift toward the demand and consumption of lithium-ion batteries in the end-use industries, thereby creating demand for black mass powder. Additionally, the shift is more prominent in the automotive and energy sectors in regions such as China, Asia-Pacific and Japan and Europe.

Impact of COVID-19

The COVID-19 epidemic has had a contradictory influence on the black mass recycling business. On the one hand, the pandemic has affected the availability of old lithium-ion batteries for recycling by disrupting the global distribution network. Yet, the epidemic has also boosted the use of electric vehicles, increasing the need for essential metals, and opening up new markets for the black mass recycling industry.

Market Segmentation

Segmentation 1: by Battery Source
• Automotive Batteries
• Industrial Batteries
• Portable Batteries

Based on battery source, the industrial batteries segment held the majority share in the black mass recycling market in 2021.

Segmentation 2: by Technology
• Hydrometallurgy
• Pyrometallurgy
• Others

Based on the recycling technology, the hydrometallurgy technology segment held the majority share in the black mass recycling market in 2021. It is one of the most significant recycling technologies, which meets the requirement of major industrial application areas.

Segmentation 3: by Recovered Metal
• Nickel
• Cobalt
• Lithium
• Copper
• Manganese
• Others

Based on the recovered metals segment, nickel was the dominant metal, in the global black mass recycling market in 2021.

Segmentation 4: by Application
• Automotive
• Consumer Electronics
• Energy
• Aerospace and Défense
• Construction
• Others

Based on application, the automotive segment dominated the black mass recycling market in 2021 and was the dominant segment owing to the increased sales of electric vehicles across the globe.

Segmentation 5: by Region
• North America – U.S., Canada
• Europe – Germany, France, Italy, Poland, and Rest-of-Europe
• U.K.
• Asia-Pacific and Japan – Japan, India, South Korea, Australia, and Rest-of-Asia-Pacific and Japan
• China
• Rest-of-the-World – Middle East and Africa and South America

China currently controls the majority of the global black mass recycling market due to its enormous electric vehicle industry, top suppliers throughout the supply chain, and rapidly expanding economy.

Recent Developments in the Black Mass Recycling Market

• In February 2023, Manganese-rich battery material technology for electric vehicles is being industrialized by Umicore. This significant achievement expands Umicore’s wide spectrum of NMC (nickel, manganese, cobalt) battery materials for exceptional productivity, and long-range EVs and introduces a distinctly competitive technology to existing design-to-cost battery technologies for EVs.
• In September 2022, General Motors Co. and Lithion Recycling invested strategically in Lithion Recycling’s Series A fundraising round in support of a new strategic collaboration agreement between the two companies to create a circular battery ecosystem employing Lithion Recycling’s cutting-edge battery recycling technology.

Demand – Drivers and Limitations

Following are the demand drivers for the global black mass recycling market:

• Exponential Increase in Electric Vehicles and Consumer Awareness
• Rising Metal Prices
• Government Initiatives with Technological Advancements

Following are the challenges for the global black mass recycling market:

• Broad Array of Battery Chemistries
• Variations in the Prices of Battery Raw Materials (Lithium and Cobalt)

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different sources from where the batteries are coming for recycling and reaching to their best potential globally. Moreover, the study provides the reader with a detailed understanding of the different battery chemistries and their assortments in different batteries employed in various end-use applications in industries such as aerospace, automotive, energy, and others.

Growth/Marketing Strategy: Business expansions, partnerships, acquisitions, collaborations, and joint ventures are some key strategies adopted by key players operating in this space. For instance, in April 2022, in Europe, Umicore and Automotive Cells Company (ACC) formed a strategic cooperation for EV battery materials. With the first commercial volumes anticipated in early 2024, the long-term arrangement will begin with an annual offtake commitment of 13 GWh to a significant platform of a European automaker.

Competitive Strategy: Key players in the global black mass recycling market analysed and profiled in the study involve black mass recycling providers. Moreover, a detailed competitive benchmarking of the players operating in the global black mass recycling market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies profiled have been selected based on inputs gathered from primary experts and analysing the company’s coverage, product portfolio, and market penetration.

Key Companies Profiled

• BASF SE
• Umicore
• Tenova S.p.A.
• Li–Cycle Corp.
• Lithion Recycling
• AKKUSER
• Duesenfeld
• ELECTRA
• ROYALBEES
• RUBAMIN
• Aqua Metals Inc.
• HYDROVOLT AS
• SungEel Hi-Tech. Co., Ltd.
• ECOGRAF
• Fortum
• Redux GmbH
• Green Li-ion Pte Ltd.
• TATA Chemicals Ltd.
• ATTERO
• Exigo Recycling Pvt. Ltd.

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Lithium Iron Phosphate (LFP) Batteries to Gain Traction over Nickel Manganese Cobalt (NMC) Batteries
1.1.1.2 Second Life of Batteries and Recycling
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Black Mass Recycling Market
1.1.5 Impact of Russia-Ukraine War on Black Mass Recycling Market
1.1.6 Analysis of Circular Economy in Battery Lifecycle
1.1.7 Snapshot of Lithium-Ion Battery Recycling Market
1.1.7.1 Leading Countries
1.1.7.2 Leading Companies
1.1.7.3 Global Lithium-Ion Black Mass Recycling Market Projection for the Forecast Period (in Volume)
1.1.8 Snapshot of Battery Manufacturing Equipment Market
1.1.8.1 Leading Companies
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Exponential Increase in Electric Vehicles and Consumer Awareness
1.2.1.2 Rising Metal Prices
1.2.1.3 Government Initiatives with Technological Advancements
1.2.2 Business Challenges
1.2.2.1 Broad Array of Battery Chemistries
1.2.2.2 Variations in the Prices of Battery Raw Materials (Lithium and Cobalt)
1.2.3 Business Strategies
1.2.3.1 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Generating Lithium Hydroxide
1.2.5.2 Closing the Loop, i.e., Making Batteries from Recyclable Materials
1.3 Start-up Landscape
2 Application
2.1 Black Mass Recycling Market (by Application)
2.1.1 Automotive
2.1.2 Consumer Electronics
2.1.3 Energy
2.1.4 Aerospace and Defense
2.1.5 Construction
2.1.6 Others
2.1.6.1 Power Tools
2.1.6.2 Packaging
2.2 Application
2.2.1 Demand Analysis of Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
3 Products
3.1 Black Mass Recycling Market (by Battery Source)
3.1.1 Automotive Batteries
3.1.2 Industrial Batteries
3.1.3 Portable Batteries
3.1.4 Demand Analysis of Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
3.2 Black Mass Recycling Market (by Technology)
3.2.1 Hydrometallurgy
3.2.2 Pyrometallurgy
3.2.3 Others
3.2.3.1 Pyrolysis
3.2.3.2 Mechanical Recycling
3.2.4 Demand Analysis of Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
3.3 Black Mass Recycling Market (by Recovered Metal)
3.3.1 Nickel
3.3.2 Cobalt
3.3.3 Lithium
3.3.4 Copper
3.3.5 Manganese
3.3.6 Others
3.3.6.1 Aluminum
3.3.6.2 Titanium
3.3.7 Demand Analysis of Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
3.4 Patent Analysis
3.5 Pricing Analysis
4 Region
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers/Suppliers in North America
4.1.1.2 Business Challenges
4.1.1.3 Business Drivers
4.1.2 Application
4.1.2.1 Demand Analysis of North America Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.1.3 Product
4.1.3.1 Demand Analysis of North America Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.1.3.2 Demand Analysis of North America Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.1.3.3 Demand Analysis of North America Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.1.4 North America: Country-Level Analysis
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers/Suppliers in the U.S.
4.1.4.1.1.3 Business Challenges
4.1.4.1.1.4 Business Drivers
4.1.4.1.2 Application
4.1.4.1.2.1 Demand Analysis of the U.S. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.1.4.1.3 Product
4.1.4.1.3.1 Demand Analysis of U.S. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.1.4.1.3.2 Demand Analysis of the U.S. Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.1.4.1.3.3 Demand Analysis of U.S. Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Manufacturers/Suppliers in Canada
4.1.4.2.1.3 Business Challenges
4.1.4.2.1.4 Business Drivers
4.1.4.2.2 Application
4.1.4.2.2.1 Demand Analysis of Canada Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.1.4.2.3 Product
4.1.4.2.3.1 Demand Analysis of Canada Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.1.4.2.3.2 Demand Analysis of Canada Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.1.4.2.3.3 Demand Analysis of Canada Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2 Europe
4.2.1 Market
4.2.1.1 Key Manufacturers/Suppliers in Europe
4.2.1.2 Business Challenges
4.2.1.3 Business Drivers
4.2.2 Application
4.2.2.1 Demand Analysis of Europe Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.3 Product
4.2.3.1 Demand Analysis of Europe Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.3.2 Demand Analysis of Europe Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.3.3 Demand Analysis of Europe Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2.4 Europe: Country-Level Analysis
4.2.4.1 Germany
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Manufacturers/Suppliers in Germany
4.2.4.1.1.3 Business Challenges
4.2.4.1.1.4 Business Drivers
4.2.4.1.2 Application
4.2.4.1.2.1 Demand Analysis of Germany Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.4.1.3 Product
4.2.4.1.3.1 Demand Analysis of Germany Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.4.1.3.2 Demand Analysis of Germany Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.4.1.3.3 Demand Analysis of Germany Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2.4.2 France
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Manufacturers/Suppliers in France
4.2.4.2.1.3 Business Challenges
4.2.4.2.1.4 Business Drivers
4.2.4.2.2 Application
4.2.4.2.2.1 Demand Analysis of France Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.4.2.3 Product
4.2.4.2.3.1 Demand Analysis of France Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.4.2.3.2 Demand Analysis of France Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.4.2.3.3 Demand Analysis of France Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2.4.3 Italy
4.2.4.3.1 Market
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Key Manufacturers/Suppliers in Italy
4.2.4.3.1.3 Business Challenges
4.2.4.3.1.4 Business Drivers
4.2.4.3.2 Application
4.2.4.3.2.1 Demand Analysis of Italy Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.4.3.3 Product
4.2.4.3.3.1 Demand Analysis of Italy Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.4.3.3.2 Demand Analysis of Italy Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.4.3.3.3 Demand Analysis of Italy Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2.4.4 Poland
4.2.4.4.1 Market
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Key Manufacturers/Suppliers in Poland
4.2.4.4.1.3 Business Challenges
4.2.4.4.1.4 Business Drivers
4.2.4.4.2 Application
4.2.4.4.2.1 Demand Analysis of Poland Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.4.4.3 Product
4.2.4.4.3.1 Demand Analysis of Poland Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.4.4.3.2 Demand Analysis of Poland Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.4.4.3.3 Demand Analysis of Poland Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.2.4.5 Rest-of-Europe
4.2.4.5.1 Market
4.2.4.5.1.1 Buyer Attributes
4.2.4.5.1.2 Key Manufacturers/Suppliers in the Rest-of-Europe
4.2.4.5.1.3 Business Challenges
4.2.4.5.1.4 Business Drivers
4.2.4.5.2 Application
4.2.4.5.2.1 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.2.4.5.3 Product
4.2.4.5.3.1 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.2.4.5.3.2 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.2.4.5.3.3 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Manufacturers/Suppliers in the U.K.
4.3.1.3 Business Challenges
4.3.1.4 Business Drivers
4.3.2 Application
4.3.2.1 Demand Analysis of the U.K. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.3.3 Product
4.3.3.1 Demand Analysis of the U.K. Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.3.3.2 Demand Analysis of U.K. Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.3.3.3 Demand Analysis of the U.K. Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers/Suppliers in China
4.4.1.3 Business Challenges
4.4.1.4 Business Drivers
4.4.2 Application
4.4.2.1 Demand Analysis of China Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.4.3 Product
4.4.3.1 Demand Analysis of China Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.4.3.2 Demand Analysis of China Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.4.3.3 Demand Analysis of China Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5 Asia-Pacific and Japan
4.5.1 Market
4.5.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
4.5.1.2 Business Challenges
4.5.1.3 Business Drivers
4.5.2 Application
4.5.2.1 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.3 Product
4.5.3.1 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.3.2 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.3.3 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5.4 Asia-Pacific and Japan: Country-Level Analysis
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Manufacturers/Suppliers in Japan
4.5.4.1.1.3 Business Challenges
4.5.4.1.1.4 Business Drivers
4.5.4.1.2 Application
4.5.4.1.2.1 Demand Analysis of Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.4.1.3 Product
4.5.4.1.3.1 Demand Analysis of Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.4.1.3.2 Demand Analysis of Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.4.1.3.3 Demand Analysis of Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5.4.2 South Korea
4.5.4.2.1 Market
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Key Manufacturers/Suppliers in South Korea
4.5.4.2.1.3 Business Challenges
4.5.4.2.1.4 Business Drivers
4.5.4.2.2 Application
4.5.4.2.2.1 Demand Analysis of South Korea Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.4.2.3 Product
4.5.4.2.3.1 Demand Analysis of South Korea Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.4.2.3.2 Demand Analysis of South Korea Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.4.2.3.3 Demand Analysis of South Korea Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5.4.3 India
4.5.4.3.1 Market
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Key Manufacturers/Suppliers in India
4.5.4.3.1.3 Business Challenges
4.5.4.3.1.4 Business Drivers
4.5.4.3.2 Application
4.5.4.3.2.1 Demand Analysis of India Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.4.3.3 Product
4.5.4.3.3.1 Demand Analysis of India Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.4.3.3.2 Demand Analysis of India Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.4.3.3.3 Demand Analysis of India Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5.4.4 Australia
4.5.4.4.1 Market
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Key Manufacturers/Suppliers in Australia
4.5.4.4.1.3 Business Challenges
4.5.4.4.1.4 Business Drivers
4.5.4.4.2 Application
4.5.4.4.2.1 Demand Analysis of Australia Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.4.4.3 Product
4.5.4.4.3.1 Demand Analysis of Australia Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.4.4.3.2 Demand Analysis of Australia Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.4.4.3.3 Demand Analysis of Australia Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.5.4.5 Rest-of-Asia-Pacific and Japan
4.5.4.5.1 Market
4.5.4.5.1.1 Buyer Attributes
4.5.4.5.1.2 Key Manufacturers/Suppliers in the Rest-of-Asia-Pacific and Japan
4.5.4.5.1.3 Business Challenges
4.5.4.5.1.4 Business Drivers
4.5.4.5.2 Application
4.5.4.5.2.1 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.5.4.5.3 Product
4.5.4.5.3.1 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.5.4.5.3.2 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.5.4.5.3.3 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.6 Rest-of-the-World
4.6.1 Market
4.6.1.1 Key Manufacturers/Suppliers in the Rest-of-the-World
4.6.1.2 Business Challenges
4.6.1.3 Business Drivers
4.6.2 Application
4.6.2.1 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.6.3 Product
4.6.3.1 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031
4.6.3.2 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.6.3.3 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031
4.6.4 Rest-of-the-World: Region-Wise Analysis
4.6.4.1 South America
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Key Manufacturers/Suppliers in South America
4.6.4.1.1.3 Business Challenges
4.6.4.1.1.4 Business Drivers
4.6.4.1.2 Application
4.6.4.1.2.1 Demand Analysis of South America Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.6.4.1.3 Product
4.6.4.1.3.1 Demand Analysis of South America Black Mass Recycling Market (by Source), Volume and Value, 2021-2031
4.6.4.1.3.2 Demand Analysis of South America Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.6.4.1.3.3 Demand Analysis of South America Black Mass Recycling Market (by Recovered Metals ), Volume and Value, 2021-2031
4.6.4.2 Middle East and Africa
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Key Manufacturers/Suppliers in the Middle East and Africa
4.6.4.1.1.3 Business Challenges
4.6.4.1.1.4 Business Drivers
4.6.4.1.2 Application
4.6.4.1.2.1 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Application), Volume and Value, 2021-2031
4.6.4.1.3 Product
4.6.4.1.3.1 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Source), Volume and Value, 2021-2031
4.6.4.1.3.2 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031
4.6.4.1.3.3 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Recovered Metals ), Volume and Value, 2021-2031
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.1.1 Competitive Positioning Matrix
5.1.2 Market Share Analysis
5.1.3 Product Matrix of Key Companies
5.2 Company Profiles
5.2.1 BASF SE
5.2.1.1 Company Overview
5.2.1.1.1 Role of BASF SE in the Global Black Mass Recycling Market
5.2.1.1.2 Product Portfolio
5.2.1.1.3 Business Strategies
5.2.1.1.3.1 Market Development
5.2.1.1.4 R&D Analysis
5.2.1.1.5 Analyst View
5.2.2 Umicore
5.2.2.1 Company Overview
5.2.2.1.1 Role of Umicore in the Global Black Mass Recycling Market
5.2.2.1.2 Product Portfolio
5.2.2.1.3 Business Strategies
5.2.2.1.3.1 Market Development
5.2.2.1.4 Corporate Strategies
5.2.2.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.2.1.5 R&D Analysis
5.2.2.1.6 Analyst View
5.2.3 Tenova S.p.A.
5.2.3.1 Company Overview
5.2.3.1.1 Role of Tenova S.p.A. in the Global Black Mass Recycling Market
5.2.3.1.2 Product Portfolio
5.2.3.1.3 Business Strategies
5.2.3.1.3.1 Market Development
5.2.3.1.4 Analyst View
5.2.4 Li–Cycle Corp.
5.2.4.1 Company Overview
5.2.4.1.1 Role of Li–Cycle Corp. in the Global Black Mass Recycling Market
5.2.4.1.2 Product Portfolio
5.2.4.1.3 Business Strategies
5.2.4.1.3.1 Market Development
5.2.4.1.4 Corporate Strategies
5.2.4.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.4.1.5 R&D Analysis
5.2.4.1.6 Analyst View
5.2.5 Lithion Recycling
5.2.5.1 Company Overview
5.2.5.1.1 Role of Lithion Recycling in the Global Black Mass Recycling Market
5.2.5.1.2 Product Portfolio
5.2.5.1.3 Business Strategies
5.2.5.1.3.1 Market Development
5.2.5.1.4 Corporate Strategies
5.2.5.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.5.1.5 Analyst View
5.2.6 AKKUSER
5.2.6.1 Company Overview
5.2.6.1.1 Role of AKKUSER in the Global Black Mass Recycling Market
5.2.6.1.2 Product Portfolio
5.2.6.1.3 Business Strategies
5.2.6.1.3.1 Market Development
5.2.6.1.4 Analyst View
5.2.7 Duesenfeld
5.2.7.1 Company Overview
5.2.7.1.1 Role of Duesenfeld in the Global Black Mass Recycling Market
5.2.7.1.2 Product Portfolio
5.2.7.1.3 Analyst View
5.2.8 ELECTRA
5.2.8.1 Company Overview
5.2.8.1.1 Role of ELECTRA in the Global Black Mass Recycling Market
5.2.8.1.2 Product Portfolio
5.2.8.1.3 Business Strategies
5.2.8.1.3.1 Market Development
5.2.8.1.4 Corporate Strategies
5.2.8.1.4.1.1 Partnerships, Collaborations, and Joint Ventures
5.2.8.1.5 Analyst View
5.2.9 ROYALBEES
5.2.9.1 Company Overview
5.2.9.1.1 Role of ROYALBEES in the Black Mass Recycling Market
5.2.9.1.1.1 Product Portfolio
5.2.9.1.2 Analyst View
5.2.10 RUBAMIN
5.2.10.1 Company Overview
5.2.10.1.1 Role of RUBAMIN in the Global Black Mass Recycling Market
5.2.10.1.1.1 Product Portfolio
5.2.10.1.2 Business Strategies
5.2.10.1.2.1 Market Development
5.2.10.1.3 Analyst View
5.2.11 Aqua Metals Inc.
5.2.11.1 Company Overview
5.2.11.1.1 Role of Aqua Metals Inc. in the Global Black Mass Recycling Market
5.2.11.1.2 Product Portfolio
5.2.11.1.3 Business Strategies
5.2.11.1.3.1 Market Development
5.2.11.1.4 Corporate Strategies
5.2.11.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.11.1.5 R&D Analysis
5.2.11.1.6 Analyst View
5.2.12 HYDROVOLT AS
5.2.12.1 Company Overview
5.2.12.1.1 Role of HYDROVOLT AS in the Global Black Mass Recycling Market
5.2.12.1.2 Product Portfolio
5.2.12.1.3 Business Strategies
5.2.12.1.3.1 Market Development
5.2.12.1.4 Corporate Strategies
5.2.12.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.12.1.5 Analyst View
5.2.13 SungEel Hi-Tech. Co., Ltd.
5.2.13.1 Company Overview
5.2.13.1.1 Role of SungEel Hi-Tech. Co., Ltd. in the Global Black Mass Recycling Market
5.2.13.1.1.1 Product Portfolio
5.2.13.1.2 Business Strategies
5.2.13.1.2.1 Market Development
5.2.13.1.3 Corporate Strategies
5.2.13.1.3.1 Partnerships, Collaborations, and Joint Ventures
5.2.13.1.4 Analyst View
5.2.14 ECOGRAF
5.2.14.1 Company Overview
5.2.14.1.1 Role of ECOGRAF in the Global Black Mass Recycling Market
5.2.14.1.2 Product Portfolio
5.2.14.1.3 Business Strategies
5.2.14.1.3.1 Market Development
5.2.14.1.4 Corporate Strategies
5.2.14.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.14.1.5 Analyst View
5.2.15 Fortum
5.2.15.1 Company Overview
5.2.15.1.1 Role of Fortum in the Global Black Mass Recycling Market
5.2.15.1.2 Product Portfolio
5.2.15.1.3 Business Strategies
5.2.15.1.3.1 Market Development
5.2.15.1.4 Corporate Strategies
5.2.15.1.4.1 Partnerships, Collaborations, and Joint Ventures
5.2.15.1.5 R&D Analysis
5.2.15.1.6 Analyst View
5.2.16 Redux GmbH
5.2.16.1 Company Overview
5.2.16.1.1 Role of Redux GmbH in the Global Black Mass Recycling Market
5.2.16.1.2 Product Portfolio
5.2.16.1.3 Analyst View
5.2.17 Green Li-ion Pte Ltd.
5.2.17.1 Company Overview
5.2.17.1.1 Role of Green Li-ion Pte Ltd. in the Global Black Mass Recycling Market
5.2.17.1.2 Product Portfolio
5.2.17.1.3 Business Strategies
5.2.17.1.3.1 Market Development
5.2.17.1.4 Analyst View
5.2.18 TATA Chemicals Ltd.
5.2.18.1 Company Overview
5.2.18.1.1 Role of TATA Chemicals Ltd. in the Global Black Mass Recycling Market
5.2.18.1.2 Product Portfolio
5.2.18.1.3 Analyst View
5.2.19 ATTERO
5.2.19.1 Company Overview
5.2.19.1.1 Role of ATTERO in the Global Black Mass Recycling Market
5.2.19.1.1.1 Product Portfolio
5.2.19.1.2 Business Strategies
5.2.19.1.2.1 Market Development
5.2.19.1.3 Analyst View
5.2.20 Exigo Recycling Pvt. Ltd.
5.2.20.1 Company Overview
5.2.20.1.1 Role of Exigo Recycling Pvt. Ltd. in the Global Black Mass Recycling Market
5.2.20.1.1.1 Product Portfolio
5.2.20.1.2 Analyst View
6 Research Methodology
6.1 Primary Data Sources
6.2 Secondary Data Sources
6.3 Top-Down and Bottom-Up Approach
6.4 Assumptions and Limitations
List of Figures
Figure 1: Black Mass Recycling Market Snapshot, $Million, 2021, 2022, and 2031
Figure 2: Black Mass Recycling Market (by Application), $Million, 2021 and 2031
Figure 3: Black Mass Recycling Market (by Battery Source), $Million, 2021 and 2031
Figure 4: Black Mass Recycling Market (by Technology), $Million, 2021 and 2031
Figure 5: Black Mass Recycling Market (by Recovered Metal), $Million, 2021 and 2031
Figure 6: Black Mass Recycling Market (by Region), $Million, 2021 and 2031
Figure 7: Black Mass Recycling Market Coverage
Figure 8: Supply Chain Analysis for Black Mass Recycling Market
Figure 9: Circular Lifecycle for Battery
Figure 10: Global Lithium-Ion Battery Recycling Market Snapshot
Figure 11: Black Mass Recycling Market: Business Dynamics
Figure 12: Share of Market Developments (by Company), January 2019-February 2023
Figure 13: Share of Partnerships, Collaborations, and Joint Ventures (by Company), January 2019-February 2023
Figure 14: Global Patents Filed, January 2019-November 2022
Figure 15: Global Patents Filed, January 2019-November 2022
Figure 16: Average Price of Black Mass Recycling, $/Ton (by Region)
Figure 17: Competitive Positioning Matrix, 2021
Figure 18: Research Methodology
Figure 19: Top-Down and Bottom-Up Approach
Figure 20: Influencing Factors of the Black Mass Recycling Market
Figure 21: Assumptions and Limitations
List of Tables
Table 1: List of Consortiums and Associations
Table 2: List of Regulatory Bodies
Table 3: List of Government Programs
Table 4: List of Programs by Research Institutions and Universities
Table 5: List of Key Market Developments, January 2019-February 2023
Table 6: List of Key Partnerships, Collaborations, and Joint Ventures (by Company), January 2019-February 2023
Table 7: List of Key Start-Ups in the Ecosystem
Table 8: Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 9: Demand Analysis of Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 10: Demand Analysis of Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 11: Demand Analysis of Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 12: Demand Analysis of Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 13: Demand Analysis of Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 14: Demand Analysis of Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 15: Demand Analysis of Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 16: Black Mass Recycling Market (by Region), Kilo Tons, 2021-2031
Table 17: Black Mass Recycling Market (by Region), $Million, 2021-2031
Table 18: North America Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 19: North America Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 20: North America Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 21: North America Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 22: North America Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 23: North America Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 24: North America Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 25: North America Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 26: U.S. Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 27: U.S. Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 28: U.S. Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 29: U.S. Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 30: U.S. Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 31: U.S. Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 32: U.S. Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 33: U.S. Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 34: Canada Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 35: Canada Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 36: Canada Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 37: Canada Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 38: Canada Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 39: Canada Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 40: Canada Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 41: Canada Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 42: Europe Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 43: Europe Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 44: Europe Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 45: Europe Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 46: Europe Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 47: Europe Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 48: Europe Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 49: Europe Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 50: Germany Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 51: Germany Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 52: Germany Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 53: Germany Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 54: Germany Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 55: Germany Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 56: Germany Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 57: Germany Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 58: France Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 59: France Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 60: France Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 61: France Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 62: France Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 63: France Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 64: France Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 65: France Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 66: Italy Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 67: Italy Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 68: Italy Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 69: Italy Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 70: Italy Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 71: Italy Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 72: Italy Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 73: Italy Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 74: Poland Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 75: Poland Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 76: Poland Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 77: Poland Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 78: Poland Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 79: Poland Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 80: Poland Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 81: Poland Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 82: Rest-of-Europe Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 83: Rest-of-Europe Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 84: Rest-of-Europe Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 85: Rest-of-Europe Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 86: Rest-of-Europe Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 87: Rest-of-Europe Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 88: Rest-of-Europe Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 89: Rest-of-Europe Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 90: U.K. Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 91: U.K. Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 92: U.K. Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 93: U.K. Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 94: U.K. Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 95: U.K. Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 96: U.K. Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 97: U.K. Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 98: China Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 99: China Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 100: China Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 101: China Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 102: China Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 103: China Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 104: China Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 105: China Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 106: Asia-Pacific and Japan Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 107: Asia-Pacific and Japan Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 108: Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 109: Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 110: Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 111: Asia-Pacific and Japan Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 112: Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 113: Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 114: Japan Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 115: Japan Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 116: Japan Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 117: Japan Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 118: Japan Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 119: Japan Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 120: Japan Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 121: Japan Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 122: South Korea Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 123: South Korea Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 124: South Korea Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 125: South Korea Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 126: South Korea Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 127: South Korea Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 128: South Korea Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 129: South Korea Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 130: India Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 131: India Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 132: India Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 133: India Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 134: India Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 135: India Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 136: India Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 137: India Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 138: Australia Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 139: Australia Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 140: Australia Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 141: Australia Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 142: Australia Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 143: Australia Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 144: Australia Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 145: Australia Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 146: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 147: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 148: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 149: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 150: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 151: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 152: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 153: Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 154: Rest-of-the-World Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 155: Rest-of-the-World Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 156: Rest-of-the-World Black Mass Recycling Market (by Battery Source), Kilo Tons, 2021-2031
Table 157: Rest-of-the-World Black Mass Recycling Market (by Battery Source), $Million, 2021-2031
Table 158: Rest-of-the-World Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 159: Rest-of-the-World Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 160: Rest-of-the-World Black Mass Recycling Market (by Recovered Metal), Kilo Tons, 2021-2031
Table 161: Rest-of-the-World Black Mass Recycling Market (by Recovered Metal), $Million, 2021-2031
Table 162: South America Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 163: South America Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 164: South America Black Mass Recycling Market (by Source), Kilo Tons, 2021-2031
Table 165: South America Black Mass Recycling Market (by Source), $Million, 2021-2031
Table 166: South America Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 167: South America Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 168: South America Black Mass Recycling Market (by Recovered Metals), Kilo Tons, 2021-2031
Table 169: South America Black Mass Recycling Market (by Recovered Metals), $Million, 2021-2031
Table 170: Middle East and Africa Black Mass Recycling Market (by Application), Kilo Tons, 2021-2031
Table 171: Middle East and Africa Black Mass Recycling Market (by Application), $Million, 2021-2031
Table 172: Middle East and Africa Black Mass Recycling Market (by Source), Kilo Tons, 2021-2031
Table 173: Middle East and Africa Black Mass Recycling Market (by Source), $Million, 2021-2031
Table 174: Middle East and Africa Black Mass Recycling Market (by Technology), Kilo Tons, 2021-2031
Table 175: Middle East and Africa Black Mass Recycling Market (by Technology), $Million, 2021-2031
Table 176: Middle East and Africa Black Mass Recycling Market (by Recovered Metals), Kilo Tons, 2021-2031
Table 177: Middle East and Africa Black Mass Recycling Market (by Recovered Metals), $Million, 2021-2031
Table 178: Market Share Analysis, Global Black Mass Recycling Market (by Key Company), 2021
Table 179: Product Matrix, Global Black Mass Recycling Market (by Key Company), 2021
Table 180: BASF SE: Product Portfolio
Table 181: Umicore: Product Portfolio
Table 182: Tenova S.p.A.: Product Portfolio
Table 183: Li–Cycle Corp.: Product Portfolio
Table 184: Lithion Recycling: Product Portfolio
Table 185: AKKUSER: Product Portfolio
Table 186: Duesenfeld: Product Portfolio
Table 187: ELECTRA: Product Portfolio
Table 188: ROYALBEES: Product Portfolio
Table 189: RUBAMIN: Product Portfolio
Table 190: Aqua Metals Inc.: Product Portfolio
Table 191: HYDROVOLT AS: Product Portfolio
Table 192: SungEel Hi-Tech. Co., Ltd. Co., Ltd: Product Portfolio
Table 193: ECOGRAF: Product Portfolio
Table 194: Fortum: Product Portfolio
Table 195: Redux GMBH: Product Portfolio
Table 196: Green Li-ion Pte Ltd.: Product Portfolio
Table 197: TATA Chemicals Ltd.: Product Portfolio
Table 198: ATTERO: Product Portfolio
Table 199: Exigo Recycling Pvt. Ltd.: Product Portfolio

The post Black Mass Recycling Market – A Global and Regional Analysis: Focus on Application, Battery Source, Technology, Recovered Metal, and Region – Analysis and Forecast, 2022-2031 first appeared on CRI Report.

The smart vineyard management market was valued at $1.21 billion in 2021 and is projected to reach $2.15 billion by 2027, growing at a CAGR of 10.08% during the forecast period 2022-2027. Owing to the growing market for grapes and vineyards, the growth in the Smart Vineyard Management Market is expected to be driven by the increasing need for digital and smart vineyard monitoring and management systems and solutions.

Market Lifecycle Stage

The smart vineyard management market is still in a nascent phase. Increased corporate investments and research and development activities are underway to develop smart vineyard management technologies and products, which are expected to increase due to the growing need to reduce vineyard losses and automation in the vineyard industry.

New entrants are penetrating the market backed up by government funding and corporate investments, which is one of the major opportunities in the global smart vineyard management market. Moreover, smart vineyard management technologies also help in enhancing yield quality due to timely detection of pest infestation and diseases. Smart vineyard management technologies also facilitate the safe and quality harvesting and picking of tender grapes through the use of autonomous robots.

Impact

• With an increased worldwide demand for different varieties of grapes and products such as wine and juices, the shift to digital, smart, and data-driven products in the vineyard sector brings significant sales and financing opportunities. The shift is more prominent in guidance technology and sensing technology segments in regions such as Europe and North America.
• Furthermore, smart vineyard management systems have a moderate to high impact on crop scouting systems to reduce crop losses due to crop diseases and pest infestations.

Impact of COVID-19

The COVID-19 pandemic has had a significant impact on almost all major industries throughout the world, including the agricultural industry. Globally nations had lockdowns imposed because of which the supply chain also got disrupted, resulting in a shortage of equipment and other inputs required for vineyards. This has brought the companies’ attention to the use of remote sensing and other vineyard management tools, which can lead to a boost in the adoption of smart vineyard management. Among the vineyard managers and winemakers, the adoption of smart vineyard management is expected to increase due to developed Information Technology (IT) infrastructure and networks as well as improved farm mechanization. Thus, COVID-19 has positively impacted the smart vineyard management market in the long run due to disrupted supply chains and labor shortages.

Market Segmentation:

Segmentation 1: by Application

• Yield Monitoring
• Crop Scouting
• Harvesting
• Irrigation Management
• Others

The Smart Vineyard Management Market by application segment is expected to be dominated by yield monitoring technologies. The growing trend for advanced technologies being used for yield estimation and mapping to facilitate informed harvesting and picking decisions is driving the yield monitoring technologies in the application segment of the smart vineyard management market.

Segmentation 2: by Solution

• Hardware
• Software
• Services

The hardware segment dominates the global smart vineyard management market. Hardware such as robots and drones, sensors, and others, including handheld computers and display screens, among others, work with increased speed and accuracy to improve the efficiency of data collection and operations.

Segmentation 3: by Technology

• Guidance
• Sensing
• Variable Rate Technology (VRT)
• Others

Due to the growing trend of digital and smart agricultural practices, the traction for sensing technologies has been growing globally.

Segmentation 4: by Region

• North America – U.S., Canada, Mexico, Rest-of-North America
• South America – Argentina, Brazil, Chile, and Rest-of-South America
• Middle East and Africa – Turkey, South Africa, and Rest-of-Middle East and Africa
• Europe – Italy, Spain, France, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific – Japan, India, Australia, and Rest-of-Asia-Pacific

Europe generated the highest revenue of $528.8 million in 2021, which is attributed to the large-scale adoption of advanced technologies and an increasing number of smart vineyard management startups backed by government, institutional, and corporate funding in the region. Europe is an attractive region for the smart vineyard management market because of the availability of a large number of family-owned and wine manufacturers’ vineyards.

Recent Developments in the Global Smart Vineyard Management Market

• In March 2022, AGRIVI partnered with Eviit GmbH to bring digital agriculture solutions for various applications, including vineyard management, to Germany.
• In January 2022, YANMAR HOLDINGS CO., Ltd. unveiled the YV01 autonomous spraying robot for use in vineyards. The YV01’s electrostatic spraying mechanism is flexible, lightweight, and environmentally friendly, which ensures extremely accurate spraying on vines.
• In December 2021, Deep Planet set up its Australian headquarters in Adelaide, South Australia, to get into the Australian wine tech market.
• In October 2020, Elmibit d.o.o. announced the exploration of new market opportunities as a part of the support received from the INNOWWIDE open call.

Demand – Drivers and Limitations

Following are the demand drivers for the smart vineyard management market:

• Need to Reduce Vineyard Crop Losses
• Need for Automation in Vineyards
• Growing Market for Grapes and Vineyards

The market is expected to face some limitations as well due to the following challenges:

• High Cost of Investment
• Technological Complexities due to Lack of Infrastructure
• Lack of Technically Skilled Labor Force

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of smart vineyard management technologies available for deployment in the viticulture sector and their potential globally. Moreover, the study provides the reader with a detailed understanding of different smart vineyard management products by application (Yield Monitoring, Crop Scouting, Harvesting, Irrigation Management, and Others), by solution (Hardware, Software, and Services), by technology (Guidance, Sensing, Variable Rate Technology (VRT), and Others).

Growth/Marketing Strategy: The Smart Vineyard Management Market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product partnerships, joint ventures, and product launches to strengthen their position in the smart vineyard management market. For instance, in January 2020, Vineview announced the launch of its new Terra Insight feature for Pro users, which offers a simple method to spot vine-by-vine growth trends and patterns connected to geographical factors that can be important sources of vineyard variability.

Competitive Strategy: Key players in the Smart Vineyard Management Market analyzed and profiled in the study involve smart vineyard management manufacturers that provide different products. Moreover, a detailed competitive benchmarking of the players operating in the Smart Vineyard Management Market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

The top segment players leading the market include hardware, which captures around 43% of the presence in the market. Players in other solutions, such as software and services, together accounted for approximately 57% of the presence in the market as of 2021.

Some prominent names established in this market are:

Company Type 1: Hardware

• Fruition Sciences
• Robotnik
• TeeJet Technologies
• Trimble Inc.
• YANMAR HOLDINGS CO., LTD.

Company Type 2: Software

• Elmibit d.o.o.
• ISAGRI
• PrecisionHawk, Inc.
• SureHarvest Services, LLC
• TerraNIS
• TracMap Limited

Company Type 3: Services

• AGRIVI
• AHA Viticulture
• Grow Data
• Vineview

Company Type 4: Startup Company Profiles

• Naïo Technologies
• Pollen Systems Corporation
• Terraview Pte. Ltd.
• Vidacycle
• Vinelytics LLC

The post Smart Vineyard Management Market – A Global and Regional Analysis: Focus on Product, Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027 first appeared on CRI Report.

The demand for precious metals for automotive applications is anticipated to grow with the increasing demand for catalytic convertors from the automotive industry. Furthermore, increased investment in African countries in the arena of platinum group metals is anticipated to create prospects for the market in the subsequent years. Moreover, increasing utilization of platinum in electric vehicles is another factor fuelling the demand for the precious metals market for automotive applications during the forecast period 2022-2031. However, the high costs of platinum group metals are anticipated to hinder the market growth in the upcoming future.

Market Lifecycle Stage

The precious metals market for automotive applications is still in the growth phase. Increased investment and research and development activities are expected to boost the market for precious metals for automotive applications. Furthermore, due to high demand from the end-use industries and rising public concern, government regulations related to carbon emissions are expected to increase the demand for electric vehicles, thereby bolstering the precious metals market for automotive applications. Moreover, precious metals have the potential to make a significant impact by improving environmental sustainability, and their utilization in the components such as catalytic converters and engine sensors is further expected to spur the demand for precious metals. Precious metals are anticipated to become much more valuable as automobiles get more advanced.

Industrial Impact

• With an increased worldwide focus on achieving net-zero carbon emissions, the shift toward sustainable technologies brings significant sales and financing opportunities. This shift was prominently experienced in regions and countries such as North America, Europe, South Africa, and some Asian countries.
• Furthermore, precious metals have a moderate to high impact on automotive applications; however, in the upcoming future, with increased production of automotive applications, the impact is anticipated to increase.

Impact of COVID-19

The COVID-19 pandemic period considerably impacted the production of precious metals as a result of country-wide shutdowns of manufacturing sites, labor shortages, and disruptions in supply and demand chains globally, which distorted the market. The lockdowns imposed by the government significantly reduced raw material productivity due to a shortage of operations in many regions throughout the world. The automotive sector has been in a slowdown for the last couple of years. Due to the closure of production plants, the sector experienced a scarcity of automotive parts. However, the market is anticipated to have recover and is expected to rise gradually over the forecast period.

Market Segmentation:

Segmentation 1: by End User
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Passenger Cars
• Electric Vehicles

Among different end users, the passenger car segment is expected to be the largest during the forecast period 2022-2031.

Segmentation 2: by Metal Type
• Palladium
• Platinum
• Rhodium
• Gold
• Silver
• Others

Among different metal types, palladium is anticipated to lead the market during the forecast period 2022-2031. It is a widely utilized precious metal for automobiles, owing to its high durability.

Segmentation 3: by Component
• Catalytic Converters
• Engine Control Units
• Circuit Boards
• Sensors
• Switches
• Windshield Defogger
• Others

Among different components, catalytic converters are anticipated to lead the market during the forecast period 2022-2031.

Segmentation 4: by Region
• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan – Japan, India, South Korea, and Rest-of-Asia-Pacific
• Rest-of-the-World

China is expected to lead the precious metals market for automotive applications throughout the forecast period, owing to the presence of a significant number of precious metals market for automotive applications manufacturers such as Heraeus Holding, Sino-Platinum, and others.

Recent Developments in Precious Metals Market for Automotive Applications

• In September 2018, in Nanjing, China, Heraeus Precious Metals inaugurated the world’s most comprehensive precious metals facility. The new plant aims to significantly boost the company’s ability to refine and recycle precious metals and chemical products, particularly platinum group metals (PGMs).
• In 2019, Tanaka Holdings Co. Ltd. announced the establishment of a new subsidiary, Tanaka Kikinzoku (India), in Mumbai. The new division intends to enhance precious metal product distribution networks in India, the Middle East, and Africa. By 2024, the company expects to achieve annual sales of around $26 million.

Demand – Drivers and Limitations

Following are the demand drivers for the precious metals market for automotive applications:

• Growing Demand for Precious Metals in Automotive Catalytic Convertors
• Increasing Utilization of PGMs in Manufacturing Electric Vehicles
• Rising Environmental Regulations to Reduce Toxic Vehicle Emissions

The market is expected to face some limitations due to the following challenges:

• High Cost of Precious Metals
• PGMs Overuse Causes Human Health Concerns
• Price Volatility of Precious Metals
• Russia-Ukraine Conflict to Disrupt Precious Metals Supply Chain

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different metal types involved in the production of automotive applications, including palladium, platinum, rhodium, gold, silver, and others. Moreover, the study provides the reader with a detailed understanding of the different precious metals markets for automotive applications based on end use (light commercial vehicles, heavy commercial vehicles, passenger cars, and electric vehicles). Precious metals are gaining traction in automotive on the back of their increasing application in combustion chambers. When exhaust gases flow through the system, these metals transform the pollutants from the combustion chamber into lesser hazardous gases.

Growth/Marketing Strategy: The precious metals market for automotive applications has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been business expansions and acquisitions to strengthen their position in the precious metals market for automotive applications. For instance, in March 2020, Sibnaye-Stillwater and Impala Platinum, along with BASF, introduced a unique tri-metal auto catalyst that enables the partial replacement of palladium with platinum. Implementation of the innovative tri-metal catalyst technology is anticipated to minimize catalytic converter costs and substantially alleviate prolonged palladium deficiencies.

Competitive Strategy: Key players in the precious metals market for automotive applications analyzed and profiled in the study involve precious metals manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the precious metals market for automotive applications has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.

The top segment players are expected to lead the precious metals market for automotive applications and are expected to enter the market using silver metals in the long term, which capture around 81% of the market by volume as of 2021. Players utilizing other metals, including platinum, accounted for around 3.4%, palladium and rhodium accounted for around 13%, gold accounted for approximately 2%, and other precious metals accounted for less than 1% of the total demand in 2021 in terms of volume.

Some of the prominent established names in this market are:

• Heraeus Holding
• Anglo American Platinum Limited
• Impala Platinum Holdings Limited
• Sibnaye-Stillwater
• Northam Platinum Limited
• Norilsk Nickel
• Umicore
• TANAKA HOLDINGS Co., Ltd.
• Johnson Matthey
• Sigmund Cohn Corp.
• FIRST MAJESTIC
• SINO-PLATINUM METALS CO. LTD.
• Hecla Mining Company
• Fresnillo plc
• Newmont Corporation
• Royal Bafokeng Platinum
• Generation Mining Limited
• Desktop Metal, Inc.
• Nexa
• Freeport-McMoRan

The post Precious Metals Market for Automotive Applications – A Global and Regional Analysis: Focus on Metal Type, Component, End User, and Region – Analysis and Forecast, 2022-2031 first appeared on CRI Report.

Market Segmentation

• Service – Genotyping, SNP Identification, Pharmacogenetic Testing, and Other Services
• Technology – Polymerase Chain Reaction (PCR), Microarray, Sequencing, and Other Technologies
• Application – Oncology, Infectious Disease, Neurology/Psychiatry, Cardiovascular, and Other Applications
• End User – Research Organizations, Pharmaceutical Companies, Diagnostic Centers, and Other End Users

Regional Segmentation

• North America – U.S. and Canada
• Europe – Germany, U.K., France, Italy, Spain, Demark, Netherlands, and Rest-of-Europe
• Asia-Pacific – Japan, China, Australia, India, Singapore, and Rest-of-Asia-Pacific
• Latin America – Brazil, Mexico, and Rest-of-Latin America
• Rest-of-the-World

Market Growth Drivers

• Increasing Prevalence of Infectious Diseases and Various Types of Cancer Globally
• Increase in Adoption of Personalized Medicine Shifting the Paradigm from Reaction to Prevention on a Global Level
• Increasing Rate of Adverse Drug Reaction
• Surge in Usage of Pharmacogenomics for Drug Discovery and Development

Market Challenges

• Lack of Use of Available Data for Drug Development Initiatives
• Lack of High Complexity Testing Centers
• Difficulties in Detecting Gene Variation Affecting Drug Response
• Regulatory Challenges for Direct-to-Consumer (DTC) Pharmacogenomics Companies

Market Opportunities

• Massive Scope for Adoption of Pharmacogenomics in Emerging Nations
• Technological Advancements in Molecular Techniques for Pharmacogenomic Diagnostic Tests
• Rise of Direct-to-Consumer (DTC) Testing Services

Key Companies Profiled

Abbott Laboratories, Admera Health, LLC, Mesa Laboratories, Inc., Dynamic DNA Laboratories, F. Hoffmann-La Roche Ltd., geneOmbio Technologies Pvt Ltd., Exact Sciences Corporation, Illumina, Inc., Laboratory Corporation of America Holdings, Myriad Genetics, Inc., OmeCare, QIAGEN N.V., Quest Diagnostics Incorporated, Thermo Fisher Scientific Inc., Precipio, 23andMe, Inc., OneOme, LLC, DiaCarta, Inc., OPKO Health

Key Questions Answered in this Report:

• How are pharmacogenomics services revolutionizing clinical diagnostics and translational research?
• What are the major market drivers, challenges, and opportunities in the global pharmacogenomics services market?
• What are the underlying structures resulting in the emerging trends within the global pharmacogenomics services market?
• How did the COVID-19 pandemic impact the global pharmacogenomics services ecosystem?
• What are key development strategies that are being implemented by the major players in order to sustain themselves in the competitive market?
• What are the key regulatory implications in developed and developing regions pertaining to the use of pharmacogenomics services?
• What are the potential entry barriers expected to be faced by the companies willing to enter a particular region?
• How is each segment of the market expected to grow during the forecast period 2021-2031, and what is the anticipated revenue to be generated by each of the segments? Following are the segments:
o Service (genotyping, SNP identification, pharmacogenetic testing, and other services)
o Technology (polymerase chain reaction, microarray, sequencing, and other technologies)
o Application (oncology, infectious disease, neurology/psychiatry, cardiovascular, and other applications)
o End user (research organizations, pharmaceutical companies, diagnostic centers, and other end users)
o Region (North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World)
• What are the growth opportunities for the pharmacogenomics services companies in the region of their operation?
• Who are the leading players with significant offerings in the global pharmacogenomics services market?
• Which companies are anticipated to be highly disruptive in the future, and why?

Market Overview

Our healthcare experts have found the pharmacogenomics services industry to be one of the most rapidly evolving and dynamic markets. The global pharmacogenomics services market is projected to reach $9,346.8 million by 2031 from $5,060.0 million in 2020, at a CAGR of 5.71% during the forecast period 2021-2031.

The market is driven by certain factors, including increasing prevalence of infectious diseases and various types of cancer, increasing adoption of personalized medicine shifting the paradigm from reaction to prevention, increasing rate of adverse drug reaction, and surge in usage of pharmacogenomics for drug discovery and development.

Currently, the pharmacogenomics services industry is witnessing an upsurge due to the increasing prevalence of infectious diseases and various types of cancer, increase in adoption of personalized medicine shifting the paradigm from reaction to prevention, increasing rate of adverse drug reaction, and surge in usage of pharmacogenomics for drug discovery and development.

Furthermore, companies focus on developing pharmacogenomic tests based on advanced molecular assay technologies, which is expected to further support physicians in offering better informed clinical decisions.

The development of advanced pharmacogenomic tests also enables the research community to establish effective strategies for discovering novel biomarkers associated with various diseases, which could be harnessed to develop targeted therapies.

Within the research report, the market is segmented on the basis of service, technology, application, end user, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the prevalence associated with cancer, infectious diseases, and cardiovascular diseases, worldwide has created a buzz among the biotechnology companies to further invest in developing novel pharmacogenomic tests based on molecular technologies for supporting physicians to offer precision care.

Due to the expansive service portfolio and massive global presence, Laboratory Corporation of America Holdings has been the leading player in the pharmacogenomics services ecosystem.

On the basis of region, North America holds the largest share of the pharmacogenomics services market due to the presence of market leaders such as Laboratory Corporation of America Holdings, Illumina, Inc., Thermo Fisher Scientific Inc., and Quest Diagnostics Incorporated in the U.S., coupled with the significant adoption of high-fidelity pharmacogenomic tests for drug discovery and biomarker research.

Further, rising fund infusions by the federal organizations coupled with increasing investments for pharmacogenomics development are some of the prominent underlying factors supporting the growth of the North America pharmacogenomics services market.

Apart from this, the Asia-Pacific region is anticipated to grow at the fastest CAGR during the forecast period 2021-2031. This is majorly attributed to the underlying factors such as an increase in healthcare awareness, a steady economy leading to a higher focus on research, and the growth in the adoption of pharmacogenomic tests, among others.

Related Report: Global Pharmacogenomics Market 2029

The post Pharmacogenomics Services Market – A Global and Regional Analysis: Focus on Service, Technology, Application, End User, and Country-Wise Analysis – Analysis and Forecast, 2021-2031 first appeared on CRI Report.

Market Segmentation

Vehicle Type: Conventional Vehicles (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Duty Trucks, Heavy-Duty Buses) and Electric Vehicles (Passenger Vehicles and Commercial Vehicles)
Mode of Sales: OEM and Aftermarket
Application: Powertrain, Chassis, Body Electronics, Safety and Control, and Exhaust System
Sensor Type: Pressure, Gas, Position, Temperature, Speed, Level, Inertial, Proximity, Flow, Knock, Force, Torque, Humidity, and Others

Technology: Micro-Electromechanical Systems (MEMS) and Non-MEMS

Regional Segmentation

North America: U.S., Canada, Mexico
Europe: France, Germany, Spain, Rest-of-Europe
China
U.K.
Asia-Pacific and Japan: Japan, South Korea, India, and Rest-of-Asia-Pacific and Japan
South America
Middle East and Africa

Market Growth Drivers

Growing Demand for Premium Vehicles Owing to Inclination of Consumers Toward Comfort and Luxury
Increasing Push from Government as Well as Consumers to Develop Safety Features for Vehicles
Increasing Government Regulations on Emission Control
Increasing Number of Electronic Components in the Vehicle

Market Challenges

Reliability and Safety Issues with the Automotive Sensors
Lack of Standardization in MEMS Fabrication

Market Opportunities

Rising Demand for ADAS Systems and Autonomous Vehicles
Growing Number of Electric Vehicles Leading to a Rising Demand for Sensors
Multi-Purpose Sensors, Sensor Platforms, and Sensor Fusion Possess Tremendous Opportunities

Key Companies Profiled

Continental AG, Robert Bosch GmbH, TE Connectivity, Sensata Technologies, Inc., Denso Corporation, BorgWarner, ZF Friedrichshafen AG, Infineon Technologies, STMicroelectronics, Hella GmbH, NXP Semiconductors, Analog Devices, Inc., Melexis, CTS Corporation, Allegro Microsystems, Inc.

How This Report Can Add Value

Product/Innovation Strategy: The product segment helps the readers in understanding the different types of sensors used in vehicles. Also, the study provides the readers with a detailed understanding of the automotive sensors market by technology, vehicle type, application, and mode of sales.

Growth/Marketing Strategy: Players operating in the global automotive sensors market are developing innovative products to enhance the capabilities of their product offerings. Growth/marketing strategies will help the readers in understanding the revenue-generating strategies adopted by the players operating in the global automotive sensors market. Moreover, other strategies adopted by the market players will help the readers in making strategic decisions, such as go-to-market strategies.

Competitive Strategy: Players analyzed and profiled in the study include sensors manufacturers that capture the maximum share in the global automotive sensors market. Moreover, a detailed competitive benchmarking of the players operating in the global automotive sensors market has been done that will help the readers to understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and mergers and acquisitions are expected to aid the readers in understanding the untapped revenue pockets in the market.

Key Questions Answered in the Report

• Which global factors are expected to impact the global automotive sensors industry?
• What was global automotive sensors market size in 2019, and what would be the estimated market size in terms of revenue in 2030?
• How much revenue is expected to be generated by different types of sensors, namely, temperature, pressure, position, speed, level, inertial, knock, gas, and flow?
• Which automotive sensors application is expected to be dominant in the forecast period 2021-2030?
• Which companies are the major players in the global automotive sensors market and what are the key market strategies adopted by them?

Automotive Sensors Market

The history of the origin of sensors dates back to the early 1800s, wherein electrical resistance in various materials was a primary characteristic and was used to develop a temperature sensor that was based on copper resistors. The sensors have evolved from handling basic functionalities to handling all applications such as temperature control, pressure monitoring, and determining vehicle position. Some of the prominent automotive sensors being used nowadays are mass air flow sensor, engine speed sensor, manifold absolute pressure sensor, knock sensor, fuel temperature sensor, and current sensor.

Automotive Sensors Industry Overview

The global automotive sensors market is expected to reach $12.79 billion by 2030, with a CAGR of 5.47% during the forecast period 2021-2030. Original equipment manufacturers (OEMs) are integrating numerous sensors in their vehicles to achieve performance demands being made by customers regarding increased productivity and minimization of vehicle downtime. Companies are developing solutions to deal with issues such as driver fatigue, which is being seen as a major factor in about 20% of road accidents happening today.

Rising demand for automotive sensors in automobiles can be witnessed in the market, largely owing to the increase in government regulations for automobile safety and emission control. The regulations are increasing the demand for automotive sensors in applications such as body control system, power steering system, climate control, and anti-braking system (ABS). These features are being deployed by sensor manufacturers as a popular option in vehicles.

Market Segmentation

Global Automotive Sensors Market by Sensor Type

The global automotive sensors market has been segmented based on sensor type, including pressure sensor, gas sensor, position sensor, temperature sensor, speed sensor, level sensor, inertial sensor, proximity sensor, flow sensor, knock sensor, force sensor, torque sensor, humidity sensor, others. The temperature sensor segment is estimated to dominate the global automotive sensors market.

This is mainly due to one of the chief factors such as the stringent government norms regarding exhaust emission, which is increasing the deployment of exhaust gas temperature sensors to monitor the proper functioning of the exhaust system. Along with this, the demand for battery temperature sensors in electric vehicles, which are being used in the battery cell to measure the temperature and increasing its efficiency, and increased deployment of advanced monitoring systems in the vehicle is also rising.

Global Automotive Sensors Market by Technology

The global automotive sensors market has been segmented based on technology, including MEMS and non-MEMS. The MEMS segment is expected to be the front runner in the global automotive sensors market by technology. These sensors usually exceed the performance of their similar macroscales. The cost per device of MEMS sensors is much lower than their corresponding macro-device, as their fabrication process uses the same batch fabrication techniques used in semiconductor production. The lower cost of production and enhanced efficiency is increasing the demand for MEMS-based sensors.

Global Automotive Sensors Market by Vehicle Type

The global automotive sensors market has been segmented based on vehicle type, including Conventional Vehicles (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Duty Trucks, Heavy-Duty Buses) and Electric Vehicles (Passenger Cars and Light Commercial Vehicles). Conventional vehicles are the leading vehicle type in the global automotive sensors market. Conventional vehicles are automobiles using the internal combustion engine (ICE) for propelling the vehicle. The propulsion systems have been reliant on ICEs for more than a century and are going to be present in the market for decades.

Global Automotive Sensors Market by Application

The global automotive sensors market has been segmented based on application, including powertrain, chassis, body electronics, safety and control, and exhaust system. The powertrain segment is expected to dominate the market by application. The powertrain sensors market is driven by factors such as increasing demand for fuel efficiency and lower emissions in vehicles.

Governments are mandating laws and regulations to keep a check on environmental pollution in regions such as the U.S., Europe, and Asia, which is further forcing OEMs to embrace technological advancements. For instance, in the U.S., Environmental Protection Agency (EPA) with National Highway Traffic Safety Administration (NHTSA) has taken measures and developed programs to lower the greenhouse gas emissions such as the National Program for Greenhouse Gas Emissions and fuel economy standards. This program includes light duty cars and trucks and is expected to reduce 2 billion metric tons of greenhouse gas emissions and 4 billion barrels of oil over the model year 2017-2025.

Global Automotive Sensors Market by Region

The global automotive sensors market has been segmented based on region North America, Europe, U.K., China, Asia-Pacific and Japan, South America, and the Middle East and Africa. China is among the top leading countries in terms of vehicle production. The country is a hub of numerous vehicle manufacturers, which in turn contribute to the demand for automotive sensors in the region.

Key Market Players and Competition Synopsis

Key companies operating in the market include Continental AG, Robert Bosch GmbH, TE Connectivity, Sensata Technologies, Inc., Denso Corporation, BorgWarner, ZF Friedrichshafen AG, Infineon Technologies, STMicroelectronics, Hella GmbH, NXP Semiconductors, Analog Devices, Inc., Melexis, CTS Corporation, Allegro Microsystems, Inc.

Research Report on China’s Automotive Sensor Industry, 2018-2022

The post Automotive Sensors Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Wise Assessment – Analysis and Forecast, 2021-2030 first appeared on CRI Report.

• What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031?
• What are the key drivers and challenges faced by the companies that are currently operating in the wearable robotic exoskeleton market?
• How is the market expected to grow during the forecast period 2021-2031?
• What are the opportunities for the companies to expand their businesses in the wearable robotic exoskeleton market?
• Which region is expected to lead the wearable robotic exoskeleton market by 2031?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the current and future revenue scenario of this market?

Global Wearable Robotic Exoskeleton Market Forecast, 2021-2031

The global wearable robotic exoskeleton industry analysis by BIS Research projects the market to have a significant growth rate of 32.68% based on the value and a growth rate of 34.01% based on volume during the forecast period 2021-2031. The North America region is expected to dominate the market by 2031 with a share of 38.20%. The North America region includes the U.S. and Canada, where the U.S. is expected to acquire a major share in 2031 due to the increase in the investment by the exoskeleton manufacturing companies in the country.

The wearable robotic exoskeleton market has gained huge importance in the past few years. This is due to the rising geriatric population across the globe and increasing awareness about exoskeletons among the end users. Several government agencies, non-profit organizations, and associations have started investing in the market, thereby generating a lucrative market for new players.

Scope of the Global Wearable Robotic Exoskeleton Market

The global wearable robotic exoskeleton market research provides the market information for segmentations, such as end user based on application and components in terms of hardware and software. The market analysis examines the global wearable robotic exoskeleton market outlook in terms of the trends, driving forces, opportunities, technological advancements, and competitive benchmarking, among others.

The report further takes into consideration the market and business dynamics, along with the detailed product contribution of the key players operating in the market.

Global Wearable Robotic Exoskeleton Market Segmentation

The report constitutes an extensive study of the wearable robotics industry. The report largely focuses on providing market information for the wearable robotic exoskeletons covering various segments, namely, end user, application, sales model, component, type, form, and region. The end user segment is classified as healthcare, industrial, defense and commercial, operations include active exoskeleton and passive exoskeleton, position include fixed and mobile exoskeleton. A brief description of soft exoskeletons and hard exoskeletons along with their market potential, is also explained in the report.

The global wearable robotic exoskeleton market is segregated by region under four major regions, namely, North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions (by country) has been provided in the report.

Key Companies in the Global Wearable Robotic Exoskeleton Market

The key players in the global wearable robotic exoskeleton market include ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics Holdings, Inc., Focal Meditech BV, Hocoma AG, Hyundai Motor, Honda Motor Co., Ltd., Lockheed Martin Corporation, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., and Rex Bionics PLC.

The post Wearable Robotic Exoskeleton Market – A Global and Regional Analysis: Focus on Component, End User, Application, and Operation – Analysis and Forecast, 2021-2031 first appeared on CRI Report.