| Product Code: ETC6904450 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus saw a significant increase in second-life EV battery import shipments in 2024, with top exporting countries being China, Netherlands, Germany, Greece, and Austria. The market concentration, as measured by the HHI, shifted from low to moderate concentration, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 39.49% from 2020 to 2024 highlights the growing demand for second-life EV batteries in Cyprus. Additionally, the growth rate of 32.08% from 2023 to 2024 signifies a continued upward trend in import shipments, reflecting a positive outlook for the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Second-Life EV Battery Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Second-Life EV Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Second-Life EV Battery Market - Industry Life Cycle |
3.4 Cyprus Second-Life EV Battery Market - Porter's Five Forces |
3.5 Cyprus Second-Life EV Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Second-Life EV Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in Cyprus |
4.2.2 Growing focus on sustainability and environmental concerns |
4.2.3 Advancements in battery technology leading to increased efficiency and lifespan |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations for second-life EV batteries |
4.3.2 High initial investment costs for setting up battery recycling and repurposing facilities |
5 Cyprus Second-Life EV Battery Market Trends |
6 Cyprus Second-Life EV Battery Market, By Types |
6.1 Cyprus Second-Life EV Battery Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Second-Life EV Battery Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Cyprus Second-Life EV Battery Market Revenues & Volume, By EV Charging, 2021- 2031F |
6.1.4 Cyprus Second-Life EV Battery Market Revenues & Volume, By Grid Connected, 2021- 2031F |
6.1.5 Cyprus Second-Life EV Battery Market Revenues & Volume, By Renewable Energy Storage, 2021- 2031F |
6.1.6 Cyprus Second-Life EV Battery Market Revenues & Volume, By Power Backup, 2021- 2031F |
7 Cyprus Second-Life EV Battery Market Import-Export Trade Statistics |
7.1 Cyprus Second-Life EV Battery Market Export to Major Countries |
7.2 Cyprus Second-Life EV Battery Market Imports from Major Countries |
8 Cyprus Second-Life EV Battery Market Key Performance Indicators |
8.1 Average remaining capacity of second-life EV batteries |
8.2 Percentage of EV owners opting for second-life batteries for their vehicles |
8.3 Number of partnerships between EV manufacturers and battery recycling companies |
9 Cyprus Second-Life EV Battery Market - Opportunity Assessment |
9.1 Cyprus Second-Life EV Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Second-Life EV Battery Market - Competitive Landscape |
10.1 Cyprus Second-Life EV Battery Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Second-Life EV Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |