Battery Industry: Overview and Sector Perspectives
With strong technological progess in the last decade and a significant demand growth coupled with emphasis on sustainability, the global battery industry has been undergoing transformation – this article offers an insight into the key trends and opportunities shaping this industry. By 2030, the battery market is expected to expand by 3.5 times, predominantyl driven by lithium-ion models, with a compound annual growth rate (CAGR) of 19%. Readers will gain insights into the battery technologies driving this evolution and their applications across various sectors.
Electric mobility and stationary storage segments hold substantial market potential, with a projected global revenue of over USD 600 billion in the coming years. Several investments have already been made in Brazilian companies to create value based on this growing mark.
Don’t miss the opportunity to establish your presence in this dynamic and fast-growing sector, where innovation and sustainability are the keys to success. Explore how Mirow & Co. can be your partner in this exciting journey through the battery industry.