The residential battery market is expected to grow at a CAGR of 6.5% during the forecast period 2020 – 2025. The residential battery market is likely to grow in the coming years, owing to increasing deployment of solar power generation and rising need for energy storage solutions in residential sector across the world. The steady improvement...
The dimethyl carbonate market is projected to grow from USD 797 million in 2020 to USD 1,078 million by 2025, at a CAGR of 6.2% from 2020 to 2025. The increasing demand for polycarbonates and lithium-ion batteries is expected to drive the global dimethyl carbonate market. Based on application, the battery electrolyte segment is projected...
The market for secondary battery is expected to grow at a CAGR of approximately 12.90% during the forecast period of 2020 – 2025. Major factors driving the market include declining lithium-ion battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of consumer electronics. On the other hand, the demand-supply...
The global battery electrolyte market is expected to grow at a CAGR of more than 7.4% over the period of 2020-2025.Factors such as increasing awareness level of cleaner transportation systems and the electric vehicle deployment is growing at a rapid pace across the world, which in turn is expected to create a huge demand for batteries, thereby...
The market for lithium-ion batteries is expected to register a CAGR of 22.58%, during the forecast period (2020-2025). Major factors driving the market studied are the emergence of new and exciting markets, via electric vehicle and energy storage systems (ESS), for both commercial and residential applications, declining lithium-ion battery...
The market for lithium-ion battery (LIB) separator is expected to register a CAGR of more than 18.01%, during the forecast period 2020-2025. Major factors driving the market studied are the increasing adoption of lithium-ion batteries that significantly complements the growth of the lithium-ion battery separator market, as separators are an...
The global industrial battery market was valued at US$ 12,501.9 million in 2019 and is projected to reach US$ 21,893.5 million by 2027; it is expected to grow at a CAGR of 7.3% during 2020–2027. The growing scope for industrial equipment, development of mining and marine sectors, stringent environmental regulations, and reduced labor...
Battery technology market to exhibit significant growth during 2020–2025. The global battery technology market size is estimated to grow from USD 92.0 billion in 2020 to USD 152.3 billion by 2025, at a CAGR of 10.6%. Major factors fueling the market growth include increasing demand for electric and hybrid electric vehicles, high demand...
Market Overview The market for the battery is expected to grow approximately at a CAGR of 12.31% during the forecast period of 2019 – 2024. Major factors driving the market include declining lithium-ion battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of consumer electronics....
Market Overview The market for secondary battery is expected to grow at a CAGR of approximately 12.90% during the forecast period of 2019 – 2024. Major factors driving the market include declining lithium-ion Battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of consumer electronics....