Lithium-Ion Battery Market Poised for Remarkable Growth, Predicted to Reach USD 187.1 Billion by 2032
The global Lithium-ion Battery Market is on the brink of significant growth, with a projected increase from USD 56.8 billion in 2023 to USD 187.1 billion by 2032, reflecting an impressive Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. These insights are detailed in a comprehensive report by MarketsandMarkets, a leading market research and consulting firm.
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