South Europe Battery Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The South Europe battery market is expected to rise at a CAGR of more than 3% during the forecast period of 2020-2025. Factor such as the reduction in the cost of lithium-ion batteries and its adaptation in various sectors for energy storage is likely going to drive the South Europe battery market. However, the increasing prices of raw materials and minerals used for manufacturing batteries are expected to restrain the market during the forecast period.
Key HighlightsThe South Europe battery market is fragmented.Some of the key players in this market include Toshiba Corp,Contemporary Amperex Technology Co. Limited, BYD Company Ltd,Panasonic Corporation, and Duracell Inc.
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