Automotive Lithium-Ion Battery Market Will Advance at a 16.8% CAGR

The automotive lithium-ion battery market is estimated to touch USD 18.7 billion in 2023, which will rise to USD 55.6 million, propelling at a 16.8% CAGR, by 2030.The progression of this industry is because of the surging need for hybrid & electric vehicles and the increasing...

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Cathode Material for Automotive Lithium-Ion Battery Market Worth US$ 377.8 Mn by 2030

The global cathode material for automotive lithium-ion battery market generated a revenue of $1,744.9 million in 2019 and is predicted to advance at a CAGR of 6.9% between 2020 and 2030. The market is expected to attain a valuation of $3,777.8 million by 2030. The...

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Boom Expected in Automotive Lithium-Ion Battery Sales in Future

The mushrooming requirement for electric vehicles is one of the major factors responsible for the soaring demand for automotive lithium-ion batteries across the globe. As per the observations of the International Energy Agency (IEA), “the global electric car fleet exceeded...

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Growing Electric Vehicle Production and Demand Driving Automotive Lithium-Ion Battery Market

In 2018, the global automotive lithium-ion battery market reached a value of $24.2 billion and is predicted to attain $74.3 billion in 2024, advancing at a 15.9% CAGR during the forecast period (2019–2024). The market is growing due to the falling cost of battery and its...

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Automotive Lithium-Ion Battery Market Business Revenue Forecast, Size, Leading Competitors and Growth Trends

Rising global temperatures have become a major cause of concern, which is being seen as a consequence of burning of fossil fuels for meeting energy needs from time immemorial. Fossil fuels are made of organic matter and their burning releases a huge amount of carbon dioxide...

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