Lithium-ion Battery Market Size share Forecast 2030

The Global Lithium-ion Battery Market Size is expected to reach USD 273.8 Billion by 2030, at a CAGR of 19.3% during the forecast period 2021 to 2030. The increased awareness of the importance of keeping the environment clean has fueled the expansion of renewable energy projects such as solar installations and nuclear power plants, particularly wind energy projects are fueling the growth of lithium-ion batteries. Furthermore, the expanding acceptance of lithium-ion battery systems in the medical industry is driving the market growth.