The latest report, titled ‘Global Lithium ion Battery Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Lithium ion Battery market scenario. The research report provides the reader with an in-depth interpretation of the Lithium ion Battery market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report...

In 2023, the global lithium-ion (Li-ion) battery market was estimated to be worth USD 54.4 billion and is projected to grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. This growth is largely driven by rising demand for electric vehicles (EVs), supported by the cost-effectiveness and energy efficiency of Li-ion batteries. The automotive sector, in particular, is expected...

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)...

Lithium-ion Battery Industry Overview The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030.  Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batteries. Global registration of electric...

The Global Marine Lithium-ion Battery Market was estimated at USD 215 million in 2022 and is anticipated to reach around USD 821 million by 2032, growing at a CAGR of roughly 16% between 2022 and 2030. CMI research report offers a 360-degree view of the Marine Lithium-ion Battery market’s drivers and restraints, coupled with the impact they have on demand during...