The Global Battery Manufacturing Equipment Market Size was valued at USD 1.9 billion in 2021 and USD $2.07 billion in 2022, and it is estimated to reach USD 25.4 billion by the end of 2030 at a CAGR of approximately 30% during the forecast period 2022-2030. These figures were provided by Custom Market Insights (CMI). The consumption of batteries has lately seen an uptick as a result of the recent surge in the demand for electric vehicles.
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