Lithium-ion Battery Market Size Worth $83.36 Billion By 2027 | CAGR: 12.6%
Share this article Share this article NEW YORK, Jan. 6, 2021 /PRNewswire/ -- The global lithium-ion battery market size is expected to reach USD 83.36 billion by 2027. according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 12.6% from 2020 to 2027. Emergence and increasing popularity for Electric Vehicles (EV) is expected to drive the demand for lithium-ion battery in automotive industry. The automotive industry has been witnessing a palpable shift from using nickel metal batteries to lithium-ion batteries in plug-in vehicles and EVs. ...
Source: prnewswire.com