North America Lithium-ion Battery Market Projected To Reach USD 51.44 Billion By 2030
San Francisco, 10 Oct 2024: The Report North America Lithium-ion Battery Market Size, Share & Trends Analysis Report By Product (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide), By Application, By Country, And Segment Forecasts, 2024 - 2030 The North America lithium-ion battery market size was estimated to reach USD 51.44 billion in 2030 and projected to grow at a CAGR of 20.9% from 2024 to 2030. Rechargeable batteries are being used more frequently as a result of the rise in portable consumer electronics that use batteries. Portable electronic gadgets including MP3 players, digital cameras, laptops, and smartphones require rechargeable batteries to provide efficient and effective power. Battery technology continues to evolve to meet high performance and power density requirements for devices. In the U.S., the mercury-containing and rechargeable battery management act has been introduced to reduce the use of mercury in single-use batteries and