Lithium-ion Battery Market Analysis, Growth Forecast by...

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2024-10-28 09:01:20 - Translate -

Lithium-ion Battery Market Analysis, Growth Forecast by Manufacturers, Regions and Application to 2030

The global lithium-ion battery market, valued at approximately USD 54.4 billion in 2023, is set to expand significantly, with a projected compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. This growth is driven primarily by the automotive sector, which is poised for notable expansion due to the cost-effectiveness of lithium-ion batteries. The adoption of electric vehicles (EVs)...

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