Lithium-Ion Battery Market is projected to grow up to USD 106.3 billion by 2027 growing at a CAGR of 16.7% during the forecasting period 2021-2027. There are different varieties of batteries developed by the scientists, but the one battery that’s blooming the market is lithium-ion batteries.

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These types of li-ion use different types of materials as electro codes, in which the most found combination is of cathode and anode and is mainly found in electronic devices like mobile phones and laptops.

Some leading key players of the global lithium-ion battery market includes Automotive Energy Supply Corporation, Panasonic Corporation, LITEC Co., Ltd., Samsung SDI Co. Ltd., LG Chem Power (LGCPI), A123 Systems, LLC, China BAK Battery Co. Ltd., Hitachi Chemical Co., Ltd., Toshiba Corporation, and GS Yuasa International Ltd.

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