DUBLIN–(BUSINESS WIRE)–The “Electric Vehicle Battery – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Electric Vehicle Battery Market to Reach $84.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Electric Vehicle Battery estimated at US$26.5 Billion in the year 2022, is projected to reach a revised size of US$84.5 Billion by 2030, growing at a CAGR of 15.6% over the analysis period 2022-2030.
Lithium ion Battery, one of the segments analyzed in the report, is projected to record a 18.2% CAGR and reach US$69 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lead Acid Battery segment is readjusted to a revised 7.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.2 Billion, While China is…