Automotive Battery Market Report

The global automotive battery market size reached US$ 50.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 77.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.71% during 2024-2032. Increasing demand for electric vehicles, stringent emission regulations and incentives provided by governments of various nations, advancements in battery technology, and availability of financial incentives for EV buyers represent some of the key factors driving the market.

Read More-https://www.imarcgroup.com/automotive-battery-market
Automotive Battery Market Report The global automotive battery market size reached US$ 50.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 77.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.71% during 2024-2032. Increasing demand for electric vehicles, stringent emission regulations and incentives provided by governments of various nations, advancements in battery technology, and availability of financial incentives for EV buyers represent some of the key factors driving the market. Read More-https://www.imarcgroup.com/automotive-battery-market
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