Submarine Battery Market to Reach $1.8 billion, Globally, by 2033 at 4.8% CAGR: Allied Market Research [Yahoo! Finance]
EnerSys (ENS)
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Source: Yahoo! Finance
Rise in deployment of submarines for strategic and tactical missions coupled with modernization of naval fleets is expected to drive the demand for the submarine battery market. In addition, rapid innovations and advancements in battery chemistry and construction of submarine battery is further expected to propel the demand of submarine battery during the forecast period. Wilmington, Delaware, March 27, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, Submarine Battery Market by Type (Lead-acid batteries, Lithium-ion batteries, Silver-zinc batteries, Nickel-cadmium batteries, and Others) and Application (Civil and Military): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the submarine battery market was valued at $1.1 billion in 2023, and is estimated to reach $1.8 billion by 2033, growing at a CAGR of 4.8% from 2024 to 2033. Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A42642 Prim
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