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Lithium-Ion Battery Market Accelerate to Hit $129.3 billion at 18.0% CAGR by 2027 North America lithium-ion battery market is projected to grow at a rapid CAGR of nearly 18.7% during the projected period. tusharJuly 8, 2021 Lithium-Ion Battery Market According to a new report published by Allied Market Research, titled “Lithium-ion Battery Market by Technology and End-use Industry: Opportunity Analysis and Industry Forecast, 2020–2027,”the lithium-ion battery market size was valued $36.7 billion in 2019, and is projected to reach$129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Lithium-ion batteries are rechargeable in nature, with high energy density. These batteries are majorly used in portable electronic devices. The global lithium-ion battery market growth is driven by increase in use of various automobiles such as electric & hybrid vehicles. In addition, the product demand is expected to rise across electrical & electronics industry, owing to surge in p

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