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Lithium-Ion Battery Market size worth USD 187.89 Billion, Globally, by 2030 at 15.70% CAGR: Verified Market Research®

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 The “Global Lithium-Ion Battery Market Size By Type, By Power Capacity, By Industry, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Lithium-Ion Battery Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., Aug. 14, 2023 /PRNewswire/ — The Global Lithium-Ion Battery Market is projected to grow at a CAGR of 15.70% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 50.57 Billion in 2022 and is expected to reach USD 187.89 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=39521

Browse in-depth TOC onLithium-Ion Battery Market

202 – Pages
126 – Tables
37 – Figures

Lithium-Ion Battery Market: Unveiling Unprecedented Growth Opportunities and Key Market Players

The global Lithium-Ion Battery market, characterized by its cutting-edge technology and unparalleled efficiency, is poised for exponential growth in the coming years. This revolutionary battery technology, powered by lithium ions, has become the cornerstone of diverse industries, from electronics to automotive, military, and aerospace sectors. As the market evolves, key players are adopting strategic development approaches to secure a competitive edge and solidify their market presence.

Market Drivers and Outlook

The Lithium-Ion Battery market is experiencing a robust surge, fueled by technological advancements and a growing demand for electric plug-in vehicles. Renowned automakers including BYD Company, Lithium Werks, LG Chem, and Toshiba are actively developing battery cells with remarkable durability, enabling electric vehicles to achieve unparalleled mileage of up to a million miles. With a heightened emphasis on sustainability, manufacturers are focusing on removing costly and contentious components like cobalt from battery compositions, resulting in enhanced battery lifespan and performance.

Key Players and Competitive Landscape

Leading the charge in the Lithium-Ion Battery market are notable players such as Panasonic, Johnson Controls, Samsung SDI, Hitachi, BAK Group, and GS Yuasa. These key players have established their dominance through innovative technologies and strategic alliances, capturing substantial market shares and setting benchmarks for the industry. Their key development strategies, ranging from advanced battery chemistry to optimized charging methodologies, have significantly contributed to the market’s expansion.

Market Share and Ranking Analysis

In the rapidly evolving Lithium-Ion Battery Market landscape, market share and ranking analysis have become pivotal factors in assessing industry dynamics. Players like LG Chem and Panasonic have consistently secured prominent market positions, driven by their cutting-edge solutions and customer-centric approaches. These companies have embraced innovation and sustainability, positioning themselves as industry leaders.

Future Prospects and Collaborative Endeavors

Looking ahead, the Lithium-Ion Battery market is projected to continue its remarkable growth trajectory, particularly in the Asia Pacific region, where it holds the largest market share. This region’s ascendancy as a global industrial hub has catalyzed the adoption of lithium-ion battery-powered tools and devices. The market’s competitive landscape is expected to witness further evolution through collaborative endeavors and partnerships, as players seek to harness synergies and drive innovation.

To get market data, market insights, financial statements and a comprehensive analysis of the Global Lithium-Ion Battery Market, please Contact Verified Market Research®.

Based on the research, Verified Market Research® has segmented the global Lithium-Ion Battery Market into Type, Power Capacity, Industry, And Geography.

  • Lithium-Ion Battery Market, by Type
    •   Lithium Cobalt Oxide (LCO)
    •   Lithium Iron Phosphate (LFP)
    •   Lithium Nickel Manganese Cobalt (LI-NMC)
    •   Lithium Titanate Oxide (LTO)
    •  Others
  • Lithium-Ion Battery Market, by Power Capacity
    •   0 TO 3,000 mAH
    •  3,000 TO 10,000 mAH
    •  10,000 TO 60,000 mAH
    •  More Than 60,000 mAH
  • Lithium-Ion Battery Market, by Industry
    •  Marine
    •  Energy and Power
    •  Consumer Electronics
    •  Automotive
    • Aerospace and Defense
    • Others
  • Lithium-Ion Battery Market, by Geography
    •   North America
      • U.S
      • Canada
      • Mexico
    •   Europe
      •  Germany
      •  France
      •  U.K
      •  Rest of Europe
    •  Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    •   ROW
      • Middle East & Africa
      • Latin America

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Visualize Lithium-Ion Battery Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

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Verified Market Research®
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Blockchain Press Releases

Bitrue expands Bitcoin Runes Offerings with GPTV Listing and Staking Options

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VICTORIA, Seychelles, May 3, 2024 /PRNewswire/ — Leading digital asset exchange Bitrue continues its community-driven approach with the listing of a new Bitcoin Runes token, GPTV•AI•PEPE•KING (GPTV). This follows the recent addition of several other Bitcoin Runes tokens to the platform, including SATOSHI•NAKAMOTO (SATOSHI), LOBO•THE•WOLF•PUP (LOBO), RSIC•GENESIS•RUNE (RSIC), and DOG•GO•TO•THE•MOON (DOG). Trading for the GPTV/USDT pair commenced on April 30th, 2024.

What is GPTV?

GPTV is the native token of AI PEPE KING, a project claiming to be the “largest AI Meme Community” with a presence on both the Polygon (AIPEPE) and Bitcoin Runes (GPTV) blockchains. Notably, AI PEPE KING secured a $10 million investment to develop AI-powered customer service tools leveraging the ChatGPT technology. Additionally, they are building a “Dream Lottery” system. Revenue generated from these products is earmarked for buybacks and burns of both AIPEPE and GPTV tokens, potentially influencing their long-term value.

Staking Opportunities with Attractive Yields

Bitrue is also offering users staking opportunities for those holding BTR, AIPEPE, RSIC, or DOG tokens. By staking their holdings, users can earn rewards in GPTV, with estimated annual percentage yield (APY) varying on the staked token, with BTR offering 22.15%, AIPEPE at 23.18%, RSIC boasting a higher 31.37%, and DOG coming in at 23.62%. These yields present a potentially lucrative opportunity for users to grow their cryptocurrency holdings, but also come with financial risk and the potential for investment to return much lower yields.

Bitrue’s Focus on Community Engagement

The listing of these Bitcoin Runes tokens is a testament to Bitrue’s commitment to its user base. The decision to add these tokens stemmed from a community poll conducted through an X poll on Bitrue’s X account. This highlights the exchange’s dedication to incorporating community feedback into its decision-making process, fostering a sense of collaboration and shared interest.

With the addition of GPTV and the introduction of staking opportunities, Bitrue continues to expand its offerings for users interested in the burgeoning world of Bitcoin Runes tokens. The exchange’s focus on community engagement further strengthens its position as a platform that prioritizes user input and satisfaction.

About Bitrue

Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. With offices in Asia and Europe, the business continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.

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Cision View original content:https://www.prnewswire.co.uk/news-releases/bitrue-expands-bitcoin-runes-offerings-with-gptv-listing-and-staking-options-302135402.html

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Blockchain

ZettaBlock announces the addition of blockchain data

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ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.

By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.

ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.

Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.

The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.

Source: cryptonewsz.com

The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.

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Blockchain

Hong Kong joins global crypto ETF race

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Hong Kong has entered the cryptocurrency ETF market with the debut of its first spot cryptocurrency exchange-traded funds (ETFs) on Tuesday, signaling the city’s ambition to compete with the US in the rapidly growing sector.

The launch, led by the Hong Kong units of three mainland Chinese asset managers — Bosera Asset Management, Harvest Global Investments, and China Asset Management — saw the introduction of two ETFs each tracking bitcoin and ether prices. Bosera’s funds were launched in collaboration with HashKey Capital.

On their debut, the three bitcoin ETFs closed between 1.5% and 1.8% higher, while the ether ETFs experienced slight losses of between 0.5% and 0.8%. Despite this, total trading turnover for all six ETFs, which included trading in US dollars, Hong Kong dollars, and renminbi, reached approximately HK$99.5 million (US$12.7 million). In comparison, US-based funds saw turnover exceeding $4 billion on their first trading day.

The move marks Hong Kong’s commitment to becoming a significant player in the cryptocurrency space, following its announcement in 2022 amid pandemic restrictions and increased Chinese oversight. Joseph Chan, Hong Kong’s under-secretary for financial services and the treasury, emphasized the city’s leading position in Asia’s crypto asset development during the ETF listing ceremony.

Prior to this, CSOP Asset Management had launched Hong Kong’s first bitcoin and ether futures ETFs in late 2022, following the publication of rules for spot ETFs by the Securities and Futures Commission in December.

In January, the US Securities and Exchange Commission approved the country’s first spot bitcoin ETFs, which have since attracted significant assets under management and net inflows. Robert Zhan, director of risk consulting at KPMG China, remains optimistic about the potential of the Hong Kong funds, despite current market sentiments and relatively flat prices of bitcoin and ether leading up to the launch.

The launch of crypto-linked funds by major Chinese asset managers has generated excitement within the industry, despite China’s strict cryptocurrency regulations. Donald Day, COO of Hong Kong-based digital asset exchange VDX, believes the new funds will cater to active investors unable or unwilling to trade during US hours.

Source: ft.com

The post Hong Kong joins global crypto ETF race appeared first on HIPTHER Alerts.

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