Lithium Ion Battery Market Projected to $ 26.28 Billion Revenue by 2029, and Rise at a CAGR of 18.62%
Global Lithium Ion Battery Market was valued at USD 6.70 Billion in 2021 and is expected to reach USD 26.28 Billion by 2029, registering a CAGR of 18.62% during the forecast period of 2022-2029. Consumer electronics accounts for the largest vertical segment in the respective market owing to the high usage of batteries in electronic gadgets.