Lithium Battery Market worth $11.3 Billion By 2018

Posted on March 20, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

The global lithium battery market was is $5.1 billion in 2012 and is estimated to reach $11.3 billion by 2018, growing at a CAGR of 13.0% from 2013 to 2018. The high demand across the industries such as automotive and consumer electronics will increase overall materials consumption. The electric vehicles are expected to be the key revenue generators for global lithium battery market.