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Lithium Battery Recycling Equipment Market Forecast Driven by Circular Economy Goals and EV Battery Processing Needs | Valuates Reports
Lithium Battery Recycling Equipment Market SizeThe global Lithium Battery Recycling Equipment market was valued at US$ 24310 million in 2023 and is anticipated to reach US$ 79060 million by 2030, witnessing a CAGR of 18.9% during the forecast period 2024-2030.
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The lithium battery recycling equipment market is experiencing strong expansion, propelled by the rapid growth in electric vehicle (EV) adoption and heightened regulatory pressure to ensure responsible resource management. As the volume of spent lithium-ion batteries continues to surge, demand for advanced recycling technologies is rising to recover valuable metals like lithium, cobalt, and nickel while minimizing environmental impact.
This market's size is growing rapidly, with key industrial players and municipalities investing in pyrometallurgical, hydrometallurgical, and direct recycling systems to optimize material recovery. The push toward a circular economy is driving innovation in equipment that supports efficient disassembly, shredding, separation, and hydrometallurgical processing-all aimed at maximizing return on recycled materials and reducing landfill disposal.
Evolving market trends indicate a shift toward modular, continuous-process recycling plants capable of handling diverse battery chemistries. Cutting-edge developments include sensor-based sorting systems and robust control platforms to improve yield and throughput. Additionally, integration with automated upstream processes-such as robotic cell opening and robotic belt systems-is gaining momentum to reduce labor costs and improve safety.
In terms of market share, specialized equipment manufacturers are collaborating closely with recycling operators and battery manufacturers to develop custom-engineered solutions tailored to regional regulatory standards and material supply streams. Such partnerships are helping to scale operations and accelerate deployment of industrial-grade recycling facilities.
The market forecast remains upbeat as EV penetration continues to accelerate and sustainability policies across regions mandate recycling compliance. Anticipated advances in direct recycling techniques-capable of regenerating cathode materials to near-pristine quality-are expected to further strengthen market growth by reducing energy consumption and processing costs.
In conclusion, the lithium battery recycling equipment market is poised for meaningful growth. Growing market size, evolving market trends toward efficiency and material circularity, and favorable market forecast all underscore the essential role of advanced equipment in enabling sustainable battery lifecycle management.
Segment by Type
• Consumer Lithium Batteries
• Kinetic Lithium Batteries
• Energy Storage Lithium Battery
• Others
Segment by Application
• Industrial
• Commercial
• Public Utilities
• Others
By Company
Veolia Environnement S.A., Umicore N.V., Retriev Technologies Inc., Li-Cycle Corp., Glencore PLC, GEM Co., Ltd., American Manganese Inc., Tes-Amm Pacific Pty Ltd., Recupyl SAS, Battery Recycling Made Easy (BRME), Shenzhen Zongmai Technology Co, Miracle Automation Engineering Co.,Ltd., Qianchuan Heavy Industry Machinery, Gongyi Shibang Machinery Manufacturing Co., Green Jet Environmental Protection Machinery Co., Guangdong Qin-tech Intelligent Technology Co.,Ltd, Henan Jufeng Eco Technology Co., Henan Suyuan Huanbao Equipment Co., Henan Yadang Environmental Protection Technology Co., Jiudong Huanbao, Zhengzhou Quncheng Machinery Co., Gongyi Shuguang Machinery Manufacturing Co., Zhengzhou Hongqian Machinery Equipment Co., Jixin Machinery, Gongyi Weibang Machinery Manufacturing Co., Henan Henglide Machinery Technology Co.,Ltd, Foshan Reuse Technique Equipment Co, Nanjing Sure Origin Environmental Protection Technology Co., Henan Dongyu Machinery Equipment Co., Gongyi Xingmao Machinery Equipment Co.
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