EV Battery Market Size, Share, Trends & Analysis Report, 2035
The global EV battery market is projected to grow from USD 132.6 Billion in 2023 to USD 508.8 Billion by 2033, registering a CAGR of 14.4%. The EV battery market is a powerhouse propelling the green revolution, and its growth trajectory is fueled by a complex interplay of forces. Governments worldwide are tightening regulations on carbon emissions, pushing carmakers towards cleaner alternatives like...
EV Battery Market Size, Share & Trends [2035]
The global EV battery market size was valued at USD 91.93 billion in 2024 and is expected to reach USD 251.33 billion by 2035, at a CAGR of 9.6%, during the forecast period 2024-2035. The EV battery market is expanding rapidly, fueled by increasing electric vehicle (EV) adoption, technological advancements, and supportive government policies aimed at reducing emissions. In October 2023, Tesla...