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0 0.00423728813559313 0 -0.00211864406779675 -0.00847457627118645 -0.0105932203389832 0.00423728813559313 0.00423728813559313
Stock impact report

Global Secondary Battery Market Projected at $245.51 Billion by 2028, Dominated by the Rising Demand for Electric Vehicles (EVs) and Lithium-ion Technology [Yahoo! Finance]

American Battery Technology Company (ABAT) 
Company Research Source: Yahoo! Finance
Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering. The Global Secondary Battery Market has observed a significant valuation, pegged at USD 98.18 billion in 2022, and is poised to attain an exponential climb in the coming years, with expectations of a robust compound annual growth rate (CAGR) of 16.33% through 2028, to reach USD 245.51 billion. This growth trajectory is attributed to the dynamic confluence of technological innovation, shifting market demands, and strategic industrial movements. Key Market Drivers: The burgeoning demand for electric vehicles (EVs) spearheads the market growth as the shift towards sustainable transport escalates. Lithium-ion batteries, acclaimed for their high energy density and fast charging capabilities, continue to be the cornerstone technology facilitating this transition. Renewable energy integration into power grids, necessitating formidable energy storage solutions, furth Show less Read more
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