Factors that Impact on the Lithium-ion Battery Recycling Market Industry in Upcoming Years !
The global lithium-ion battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030, at a CAGR of 19.6% during the forecast period 2021-2030. The increase in electric-drive vehicles (EDVs) and their battery packs reaching end-of-life (EoL) present a major opportunity to the lithium-ion battery recycling market. Subsidies to encourage battery recycling and...
Lead Acid Battery Market to Surge Considerably; Significant Rise in Data Centers Across Glob to Fuel Market Growth
The global lead acid battery market is expected to grow from an estimated USD 41.6 billion in 2019 to USD 52.5 billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of this market is driven by burgeoning expansion in the automotive industry, rapid technological advancement, development of the telecom sector, and the cost-effectiveness of lead acid battery storage solution.
Market...
Grid-Scale Battery Market Outlook 2023: Big Things are Happening
Grid-Scale Battery Market Overview:
“Grid-Scale Battery Market by Type (Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based), by Ownership-Model (Third-Party, Utility), by Application (Renewable Integration, Peak Shift, Ancillary Services, Back-Up Power), and Region – Global Forecast to 2023”,
The grid-scale battery market is expected to grow from USD 1.37 Billion in 2018...
Battery Monitoring System Market to Cross $5.47 Billion by 2022
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, to reach a
market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in
2017. North America is estimated to be the largest market for battery
monitoring systems, followed by Asia Pacific and Europe. The growth of the
battery monitoring system market is mainly driven by a booming demand for
global...
Increasing Demand for Lithium-ion Battery Recycling?
The lithium-ion battery recycling market is estimated at USD 1.5 billion in 2019 and projected to grow from USD 12.2 billion in 2025 to USD 18.1 billion by 2030, at a CAGR of 8.2% from 2025 to 2030. The increase in electric-drive vehicles (EDVs) and their battery packs reaching end-of-life (EoL) present a major opportunity to the lithium-ion battery recycling market. Subsidies to encourage battery...
Insights on the Grid-Scale Battery Market 2023 – Increasing Investments in Renewable Energy is Driving Growth
Global Grid-Scale Battery Market Overview:
According to the new market research report “The grid-scale battery market is expected to grow from USD 1.37 Billion in 2018 to USD 5.82 Billion by 2023, at a CAGR of 33.52% during the forecast period.”
The growth of this market can be attributed to the increasing investments in renewable energy, reducing costs of grid-scale battery...