With 11.5% CAGR, Lithium-Ion Battery Market Size to Reach USD 101 billion by 2029

Contributing sentiments towards policy:

80% : China is the world's leading producer of wind energy and is expected to witness significant growth in the production of wind energy over the forecast period.
65% : Overall, the lithium-ion battery market size is expected to continue to grow in the coming years, driven by the increasing demand for renewable energy and electric vehicles.
64% : In addition, the stationary storage segment is expected to see significant growth as energy storage systems become increasingly important for balancing renewable energy supply and demand.
60% : Topology (Modular, Centralized, Distributed) Application (Automotive, Industrial, Renewable Energy, Telecommunications, Military and Defense, Other Applications and Region, Global trends and forecast from 2023 to 2029About Exactitude ConsultancyExactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.