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According to Vision Research Reports, the global lithium-ion battery market size is projected to reach around USD 183.8 billion by 2030 and growing at a CAGR of 17.81% from 2022 to 2030
The global Li-ion battery market is moving into surge mode. Just look at the figures for 2020 - 2021. According to our newly released Li-ion battery database, global shipments in 2021 equated to 476.3 GWh, amounting to a 72.6% increase on 2020, and that wasn't a blip. We've identified it as being part of a longer-term trend. Let's have a look at some more figures and identify the drivers to the Li-ion battery revolution. More Headlines UL Solutions Announces First Certification of Lead-Acid Battery Energy Storage System from BAE USA Solar PV Panels Market Size Predicted to Surpass Around US$ 287.33 Billion by 2030 Advanced Energy Storage Systems Market is Anticipated to Grow US$ 228.37 Billion By 2030 SAFETY FRONT AND CENTRE FOR IMCA IN TAIWAN - OFFSHORE WIND TO THE FORE Solar and Storage Industry: Interconnection Reforms Must Strike the Right Balance of Transparency and EfficiencyArticles Microgrids For Anyone Lessons Learned From Installing Battery Energy Storage Into an Existing PV Array Hybrid Microgrid System Helps Company Meet Production and Sustainability Goals DroneBase Unveils First Solar Quality Rating System for Asset Conditions in the U.S. Discussion with Boviet Solar about Rebranding and Tier 1 status
The global lithium-ion battery market size was surpassed at USD 42.03 billion in 2021 and is expected to hit around USD 183.8 billion by 2030, growing at a CAGR of 17.81% from 2022 to 2030
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