자동차 순환경제 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Automotive Circular Economy Market was valued at USD 151.2 billion in 2024 and is estimated to grow at a CAGR of 8.8% to reach USD 335.9 billion by 2034. This growth is being propelled by increasing initiatives around end-of-life vehicle (ELV) recycling, rising reuse of electric vehicle (EV) batteries, and stricter environmental regulations promoting waste minimization and sustainable practices. As consumers become more eco-aware, demand is growing for remanufactured auto parts and low-impact mobility solutions. To stay ahead, automotive manufacturers are adopting closed-loop models, aiming to cut down on raw material usage and reduce carbon emissions, ensuring compliance and long-term operational viability through circular frameworks.

The expanding adoption of EVs is accelerating the circular economy in the automotive sector, primarily due to the growing focus on battery reuse and repurposing. Lithium-ion batteries, which are central to electric mobility, retain value beyond their initial application. As a result, these batteries are being repurposed into second-life energy storage systems, maximizing utility and minimizing waste. This trend is motivating original equipment manufacturers (OEMs) and recyclers to invest in circular battery strategies, which are vital in unlocking both environmental and economic gains for the industry.

In 2024, remanufactured components represented a 43.5% share, with expectations of growing at a CAGR of 7.6% through 2034. The rising focus on resource optimization, affordability, and emission reduction is increasing demand for remanufactured automotive parts, which undergo rigorous processes-disassembly, cleaning, inspection, and replacement of worn components-before being reassembled to perform on par with new parts. As vehicle age increases across regions like North America and Europe, cost-conscious buyers and fleet operators are increasingly turning to these sustainable alternatives over brand-new components.

Internal combustion engine (ICE) vehicles maintained a commanding 58% share of the circular automotive economy market in 2024, with expected growth at a CAGR of 8% through 2034. Their continued dominance is due to their mature global presence and the long-standing infrastructure surrounding part recovery and reuse. ICE models offer standardized component designs and are easily disassembled, making them well-suited for scalable circular programs. In developing economies where EV adoption is slower due to affordability, fuel availability, and infrastructure gaps, ICE platforms continue to generate high volumes of recyclable materials, fueling demand for remanufacturing and material recovery.

China Automotive Circular Economy Market generated USD 34 billion in 2024. The country's regulatory leadership and proactive investment in circular initiatives have catalyzed this progress. China's policies favor vehicle take-back schemes, promote remanufactured product purchases, and offer subsidies to both consumers and businesses. Initiatives like "Swap the Old for Remanufacturing" have successfully improved collection rates and encouraged the formation of industrial clusters supporting technology development. The country is also emphasizing battery recycling transparency, with plans for digital battery passports and traceability systems that align with global transparency standards.

Key players shaping the Global Automotive Circular Economy Market Include Toyota Motor, ZF Friedrichshafen, Renault, BMW, Valeo, Bosch, and LKQ Corporation. Leading companies in the automotive circular economy market are focusing on a range of strategic initiatives to enhance their global position. A major area of focus is developing closed-loop supply chains, where end-of-life vehicles and components are systematically recovered, dismantled, and repurposed. Firms are investing in advanced battery recycling technologies and digital tracking systems to improve traceability and resource recovery. Expansion of remanufacturing facilities near high-volume vehicle markets is also helping reduce logistics costs and increase operational efficiency.

Table of Contents

Chapter 1 Methodology

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Component
  • 2.2.3 Propulsion
  • 2.2.4 Vehicle
  • 2.2.5 Application
  • 2.2.6 Distribution channel
• 2.3 TAM Analysis, 2025-2034
• 2.4 CXO perspectives: Strategic imperatives
  • 2.4.1 Key decision points for industry executives
  • 2.4.2 Critical success factors for market players
• 2.5 Future outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier landscape
  • 3.1.2 Profit margin
  • 3.1.3 Cost structure
  • 3.1.4 Value addition at each stage
  • 3.1.5 Factor affecting the value chain
  • 3.1.6 Disruptions
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
    • 3.2.1.1 Rapid EV adoption & battery repurposing
    • 3.2.1.2 Stringent global regulations on waste reduction
    • 3.2.1.3 Growing demand for recycled auto parts
    • 3.2.1.4 Rising scrap value of ELVs and recyclables
    • 3.2.1.5 Increasing consumer awareness and demand for sustainable cars
  • 3.2.2 Industry pitfalls and challenges
    • 3.2.2.1 High initial investment in recycling tech and reverse logistics
    • 3.2.2.2 Technical complexity in EV battery dismantling
  • 3.2.3 Market opportunities
    • 3.2.3.1 Vehicle-as-a-service & leasing models
    • 3.2.3.2 Partnerships between OEMs and recyclers
    • 3.2.3.3 Integration of AI for disassembly automation
    • 3.2.3.4 Growing energy storage demand
• 3.3 Growth potential analysis
• 3.4 Regulatory landscape
  • 3.4.1 North America
  • 3.4.2 Europe
  • 3.4.3 Asia Pacific
  • 3.4.4 Latin America
  • 3.4.5 Middle East & Africa
• 3.5 Porter's analysis
• 3.6 PESTEL analysis
• 3.7 Technology and innovation landscape
  • 3.7.1 Current technological trends
  • 3.7.2 Emerging technologies
• 3.8 Price trends
  • 3.8.1 By region
  • 3.8.2 By product
• 3.9 Cost breakdown analysis
• 3.10 Patent analysis
• 3.11 Sustainability and environmental aspects
  • 3.11.1 Sustainable practices
  • 3.11.2 Waste reduction strategies
  • 3.11.3 Energy efficiency in production
  • 3.11.4 Eco-friendly initiatives
• 3.12 Carbon footprint considerations

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 LATAM
  • 4.2.5 MEA
• 4.3 Competitive analysis of major market players
• 4.4 Competitive positioning matrix
• 4.5 Strategic outlook matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans and funding

Chapter 5 Market Estimates & Forecast, By Component, 2021 - 2034 ($ Billion, units)

• 5.1 Key trends
• 5.2 Remanufactured parts
  • 5.2.1 Engines
  • 5.2.2 Transmissions
  • 5.2.3 Turbochargers
  • 5.2.4 Alternators
• 5.3 Recycled materials
  • 5.3.1 Metals
  • 5.3.2 Plastics
  • 5.3.3 Glass
  • 5.3.4 Rubber
• 5.4 Reused components
  • 5.4.1 Tires
  • 5.4.2 Batteries
  • 5.4.3 Electronics

Chapter 6 Market Estimates & Forecast, By Propulsion, 2021 - 2034 ($ Billion, Units)

• 6.1 Key trends
• 6.2 ICE
• 6.3 Electric
• 6.4 Hybrid

Chapter 7 Market Estimates & Forecast, By Vehicle, 2021 - 2034 ($ Billion, Units)

• 7.1 Key trends
• 7.2 Passenger vehicles
  • 7.2.1 Hatchbacks
  • 7.2.2 Sedans
  • 7.2.3 SUV
  • 7.2.4 MPVs
• 7.3 Commercial vehicles
  • 7.3.1 Light commercial vehicles (LCV)
  • 7.3.2 Medium commercial vehicles (MCV)
  • 7.3.3 Heavy commercial vehicles (HCV)
• 7.4 Two-Wheelers

Chapter 8 Market Estimates & Forecast, By Application, 2021 - 2034 ($ Billion, Units)

• 8.1 Key trends
• 8.2 OEMs
• 8.3 Aftermarket

Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021 - 2034 ($ Billion, Units)

• 9.1 Key trends
• 9.2 Offline
• 9.3 Online

Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2034 (USD Million, Units)

• 10.1 Key trends
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
• 10.3 Europe
  • 10.3.1 UK
  • 10.3.2 Germany
  • 10.3.3 France
  • 10.3.4 Italy
  • 10.3.5 Spain
  • 10.3.6 Russia
  • 10.3.7 Nordics
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 India
  • 10.4.3 Japan
  • 10.4.4 South Korea
  • 10.4.5 ANZ
  • 10.4.6 Southeast Asia
• 10.5 Latin America
  • 10.5.1 Brazil
  • 10.5.2 Mexico
  • 10.5.3 Argentina
• 10.6 MEA
  • 10.6.1 UAE
  • 10.6.2 Saudi Arabia
  • 10.6.3 South Africa

Chapter 11 Company Profiles

• 11.1 Aptiv
• 11.2 Aurubis
• 11.3 BMW
• 11.4 BorgWarner
• 11.5 Bosch
• 11.6 Copart
• 11.7 Exide Technologies
• 11.8 IAA Holdings
• 11.9 LKQ
• 11.10 Magna International
• 11.11 RB Global
• 11.12 Redwood Materials
• 11.13 Renault
• 11.14 Schnitzer Steel Industries
• 11.15 Sims Metal
• 11.16 Stellantis
• 11.17 Toyota Motor
• 11.18 Umicore
• 11.19 Valeo
• 11.20 ZF Friedrichshafen