Next-generation Battery Market for Transportation Industry Industry Overview, Shares, Growth, Demand, Analysis and Forecast Research Report to 2022
Posted by Charles Decuir on June 3, 2018 10:10 AM EDT
About Next-generation Battery for Transportation Industry
Next-generation batteries provide high energy density and longer lifecycle for applications such as drones, electric vehicles (EVs), energy storage systems, electrical grid, and renewable energy. In transportation applications, they are majorly utilized because of parameters such as discharge hours and long lifecycle, which increase the use of these batteries for next-generation vehicles.
Industry analysts forecast the global next-generation battery for transportation industry to grow at a CAGR of 80.12% during the period 2018-2022.