According to Precedence Research, the global lithium-ion battery market size is expected to hit around US$ 278.27 billion by 2030 and expanding growth at a CAGR of 18.9% from 2022 to 2030.
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April 13, 2022 5:00 p.m. ET
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LONDON, April 13, 2022 (GLOBE NEWSWIRE) — The global lithium-ion battery market size was estimated at US$58.61 billion in 2021. The numerous advantages of lithium-ion batteries, such as low cost and long durability, create new opportunities for the lithium-ion battery market to thrive. The market is also developing due to the increasing adoption of consumer electronics. The demand for lithium ion battery is growing in the world market due to the need and necessity of lithium ion battery in industrial items.
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