Next Generation Advanced Battery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Next-Generation advanced battery market is expected to reach USD 1,631.95 million by the end of this year and is projected to register a CAGR of over 7.24% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.
Key HighlightsThe next-generation advanced battery market is moderately consolidated in nature. Some of the major players in the market (in no particular order) include Sion Power Corporation, Contemporary Amperex Technology Co. Ltd, PolyPlus Battery Co. Inc., GS Yuasa Corporation, and Saft Groupe SA.
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