The global lithium-ion battery market was valued at USD 182.5 billion in 2030 and is projected to experience a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. This significant growth is driven by the increasing demand for rechargeable batteries in consumer electronics and the growing adoption of electric vehicles. As electric vehicle sales rise and the renewable energy...

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)...