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Stock impact report

Next Generation Lithium Batteries Market to Grow by USD 72 Billion from 2024-2028, Driven by Strategic Partnerships and AI Impact on Trends- Technavio Report [Yahoo! Finance]

Amprius Technologies, Inc. (AMPX) 
Company Research Source: Yahoo! Finance
generation lithium batteries market size is estimated to grow by USD 72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.77% during the forecast period. Rise in strategic partnership among market vendors is driving market growth, with a trend towards increase in research and development efforts toward creating more advanced battery chemistries . However, increase in concerns regarding material availability and high cost of next generation lithium batteries poses a challenge. Key market players include Amprius Technologies Inc., Aquion Energy, Bollore SE, BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., Enevate Corp., Enovix Corp., Farasis Energy GanZhou Co. Ltd, GS Yuasa International Ltd., Ilika, Johnson Controls International Plc., Johnson Matthey Plc, LG Corp., Lohum Cleantech Pvt. Ltd., Lyten Inc., Northvolt AB, Panasonic Holdings Corp., ProLogium Technology Co. Ltd., Rimac Group Ltd., Samsung SDI Co. Ltd., Solid Power Inc., St Show less Read more
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