Global Lithium Ion Battery Market Report 2021, Featuring LG Chem, Samsung SDI Co., Ltd., Panasonic Corporation, BYD Co., Ltd. and Koninklijke Philips N.V


Source: benzinga.com benzinga.com

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"2021 Lithium Ion Battery Market - Size, Share, COVID Impact Analysis and Forecast to 2027" The global Lithium Ion Battery Market is expected to grow from USD 40.5 billion in 2020 to USD 91.9 billion in 2026 with a compounded annual growth rate of 14.63%. Demand for electric vehicles is forecast at 19.1% CAGR over the forecast period to 2026, with strong sales volume in developing countries. The US, China, Japan, India and other countries present strong potential for growth in batteries. Consumer Electronics remains the most dominant segment in the Lithium Ion Battery Type worldwide with 36.1% market share...