Advanced Lithium-Ion Batteries Market A Competitive Landscape And Professional Industry Survey Till 2030
Advanced Lithium-Ion Batteries Market Highlights Advanced Lithium-Ion Batteries Market is expected to grow at a CAGR of 26% during the forecast period and is expected to reach USD 112 Billion by 2030. Global Advanced Lithium Ion Batteries Market is projected to be valued at a 15.90% CAGR during the forecast period, 2020–2026. In the current scenario, industries engaged in manufacturing consumer devices and automobiles require advanced lithium ion batteries for ensuring improved durability and lower cost. These new generation batteries are technically sufficient to upgrade the life span of a device. Lithium-sulfur and lithium-air batteries are some of the types of batteries that are used in various industries. The global advanced lithium ion batteries market has been segmented based on material, component, and end-use. Based on end-use, the global market is divided into consumer electronics, automotive, industrial, and others. The consumer electronics segment is expected to hol