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| Dimension | Value |
|---|---|
| Total Market Size (2023) | $65 Billion |
| Expected CAGR (2024-2030) | 8.5% |
| Leading Region | North America |
| Key Application Areas | Renewable Energy, UPS Systems, Electric Vehicles |
| Technological Trends | Lithium-Ion, Flow Batteries, Solid-State Technology |
| Major Challenges | High Cost, Recycling Issues, Supply Chain Disruptions |
| Market Opportunities | Grid Energy Storage, Emerging Markets, Technological Innovations |