The Asia-Pacific NMC Battery Pack Market size is estimated at 16.66 billion USD in 2024, and is expected to reach 25.97 billion USD by 2029, growing at a CAGR of 9.28% during the forecast period (2024-2029).
The Asia-Pacific NMC Battery Pack Market is fragmented, with the top five companies occupying 25.91%. The major players in this market are BYD Company Ltd., LG Energy Solution Ltd., Panasonic Holdings Corporation, SK Innovation Co. Ltd. and Tesla Inc. (sorted alphabetically).
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