Electric Mobility and Renewables to Boost Demand in Rechargeable...

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2025-07-30 05:29:31 -

Electric Mobility and Renewables to Boost Demand in Rechargeable Batteries Market

The global rechargeable batteries market was valued at USD 82.34 billion in 2023 and is expected to grow from USD 87.18 billion in 2024 to USD 135.52 billion by 2031. This growth reflects a compound annual growth rate (CAGR) of 6.50% during the forecast period. The increasing demand for electric vehicles, advancements in battery technology, and the shift towards renewable energy solutions are...

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