Li-ion battery market to hit $380B by 2034
IDTechEx Research announces the availability of a new report, “Advanced Li-ion Battery Technologies 2024-2034: Technologies, Players, Forecasts“. The global market for Li-ion battery cells alone is forecast to reach US$380 billion by 2034, driven primarily by demand for battery electric cars and vehicles.
Improvements to battery performance and cost are required to ensure widespread deployment of electric vehicles. This will also enable longer runtime and functionality of electronic devices and tools. These advancements lead to strong competition in the development of next-generation Lithium-ion technologies, as explored in the report.
The development of advanced and next-generation Lithium-ion technologies will be critical to a number of sectors. It will also be crucial for battery companies aiming to succeed or maintain their place in the market. This report provides comprehensive, up-to-date data and analysis on fast moving battery technology developments.
“Advanced Li-ion Battery Technologies 2024-2034: Technologies, Players, Forecasts“, provides in-depth analysis, trends and developments in advanced and next-generation Li-ion cell materials and designs, including silicon anodes, Li-metal anodes, cathode material and synthesis developments, and an introduction to solid-state batteries, amongst other areas of development.