Asia-Pacific Lithium-ion Battery Market, Forecast to 2025
All this paves the way for higher demand for smartphones and improved telecommunications and data center infrastructures, boosting the use of lithium-ion batteries directly or indirectly.
- All this paves the way for higher demand for smartphones and improved telecommunications and data center infrastructures, boosting the use of lithium-ion batteries directly or indirectly.
- Although lithium-ion is yet to fully replace the existing battery chemistries, the number of equipment fitted with lithium-ion batteries each year is increasing significantly.
- This further drives the demand for lithium-ion batteries and creates growth opportunities for all major battery manufacturers in the region.
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