Lucintel Forecasts the Global Square Lithium Titanate Battery Sales Market to Grow with a CAGR of 13.1% from 2025 to 2031
Lucintel Forecasts the Global Square Lithium Titanate Battery Sales Market to Grow with a CAGR of 13.1% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global square lithium titanate battery sales market looks promising with opportunities in the new energy vehicle, grid energy storage, forklift, and rail transit markets. The global square lithium titanate battery sales market is expected to grow with a CAGR of 13.1% from 2025 to 2031. The major drivers for this market are the rising demand for electric vehicle, the growing adoption in energy storage system, and the increasing focus on safety & performance.
A more than 150-page report to understand trends, opportunity and forecast in global square lithium titanate battery sales market to 2031 by type (aluminum shell and steel shell), application (new energy vehicle, grid energy storage, forklift, rail transit, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, steel shell is expected to witness higher growth over the forecast period due to the increasing structural integrity.
Within the application category, new energy vehicle is expected to witness the highest growth due to the rising demand for electric vehicles.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to the growing battery manufacturing base.
EV-Power, Toshiba Corporation, Yinlong Energy, BatterySpace, Sichuan Jianxing Lithium Battery, Tianjin Plannano Energy Technologies, Altairnano are the major suppliers in the square lithium titanate battery sales market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056