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Electric vehicle battery market is expected to grow at a CAGR of 38% – An exclusive market research report for Lucintel

Electric vehicle battery market is expected to grow at a CAGR of 38% - An exclusive market research report for LucintelTrends and Forecast for the Global Technology Opportunities in the Electric Vehicle Battery Market Trends, opportunities, and forecast in electric vehicle battery market to 2025 by technology type (lithium-ion battery, nickel metal hydride, and lead acid battery), by propulsion (BEV, HEV & PHEV), by vehicle (passenger cars, commercial vehicle) and by region (North America, Europe, Asia Pacific, and the Rest of the World)

According to Lucintel's latest report, technologies in the electric vehicle battery market have undergone significant changes in recent years, with battery technology evolving from low energy density to high energy density. The electric vehicle battery market is expected to grow with a CAGR of 38%. In this market, lithium-ion battery is the largest segment by technology type. The development of light weight as well as high energy density lithium-ion batteries provides strategic growth path in this market.

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Based on technology type, electric vehicle battery market is segmented into lithium-ion battery, nickel metal hydride, and lead acid battery. Lucintel forecasts that the myoelectric prosthetics technology to remain the largest technology segment over the forecast period and is growing at above average growth.

The electric vehicle battery market is marked by the presence of several big and small providers. Some of the prominent providers offering Electric vehicle battery include Ottobock, Ă–ssur, Blatchford Group, SynTouch, Inc., Mobius Bionics and others.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

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