Lithium-Ion Battery Market Is Expected to Reach $46.21 Billion, Globally, by 2022
Lithium-Ion Battery Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $46.21 billion by 2022, registering a CAGR of 10.8% during the period 2016-2022. Lithium-ion batteries are rechargeable batteries and are used as a source of power supply primarily in portable devices. The market for these batteries is expected to witness notable growth because of their increasing application in the automotive sector. The other key factors that drive the growth of this market...
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