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Lucintel Forecasts the Electric Vehicle Battery Market to grow at a CAGR of 38%

  • April 11th, 2022
  • 545 views

Dallas, TX / CRWE PRESS RELEASE / April 11, 2022 - According to the recent study on the technology trends in the electric vehicle battery market, total market size of the electric vehicle battery market is projected to grow at a CAGR of 38% from 2020 to 2025. Growth in this market is primarily driven by rising wave of new technologies, such as lithium-nickel-cobalt-aluminum (NCA) and lithium-nickel-manganese-cobalt (NMC) are creating growth potential in electric vehicle battery.

Browse more than 59 figures / charts and 65 tables in this 109 -page report to understand trends, opportunities and forecast in technology trends in the electric vehicle battery market by technology type (lithium-ion battery, nickel metal hydride, and lead acid battery), propulsion (BEV, HEV & PHEV), vehicle (passenger cars, commercial vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World).  

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/electric-vehicle-battery-technology.aspx

“Lithium-ion battery technology is expected to remain the largest segment during the forecast period.”  

Based on technology type, electric vehicle battery market is segmented into lithium-ion battery, nickel metal hydride, and lead acid battery. Lucintel forecasts that the myoelectric prosthetics technology to remain the largest technology segment over the forecast period and is growing at above average growth.

Download Brochure of this report by clicking on https://www.lucintel.com/electric-vehicle-battery-technology.aspx    

Ottobock, Össur, Blatchford Group, SynTouch, Inc., Mobius Bionics and others are among the major technology providers in the electric vehicle battery.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/electric-vehicle-battery-technology.aspx or helpdesk@lucintel.com

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