NEW YORK, Dec. 15, 2016 /PRNewswire/ -- Technologies (LFP, NMC, LMO, LFMP, NCA, Supercapacitors, Lithium Capacitors, Post Lithium and Flywheels), Market Trends, Forecasts and Key Players
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The battery market has come alive again as manufacturers are all rushing to address the emerging market for large-sized batteries driven largely by the rapid growth in sales of electric buses. IDTechEx Research thinks that the rush is fully justified as it sees the market growing to $30 billion in 2026, potentially making it the largest segment of overall battery market. Just to set this in context, we expect the market for electric bus batteries to overtake the consumer electronic battery sector by 2019-2020
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