August 15, 2024
Li-ion Battery Market for ESS Anticipated to Grow 15.10% Annually, Reaching $16.6 Billion by 2032
The global market for Li-ion Batteries in Energy Storage Systems (ESS) is experiencing robust growth. In 2023, the market size reached $4,670 million USD. Looking ahead, experts from theindustrystats predict that the market will grow significantly, reaching $16,600 million USD by 2032. This represents an impressive Compound Annual Growth Rate (CAGR) of 15.10% from 2024…
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