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Oddly enough, it will likely turn out that batteries are the next big thing. It shouldn’t be so surprising given that the big idea here is really about the storability and transportability of energy to power the world. The global market for lithium-ion batteries was valued at $108.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% over the next seven years. In the U.S., the battery market was valued at $10.49 billion in 2019. This is a clear revolutionary growth theme. And it is being driven primarily by the shift to electric vehicles. But there are many other use cases that fold into the same battery-driven revolution.

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