Lithium-ion Battery Market Statistics, Analysis & Forecast to 2027

Lithium-ion Battery Market Overview The lithium-ion battery market size was valued $36.7 billion in 2019, and is projected to reach$129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Some of the key players operating in the global lithium-ion battery industry include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., …

Lithium-ion Battery Market Estimated to Hit $129.3 Billion by 2027

The lithium-ion battery market size was valued $36.7 billion in 2019, and is projected to reach$129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Lithium-ion batteries are widely used in electronic devices such as tablets, laptops, mobile phones, PCs, and cameras due to their prolonged service life and high energy density. …