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Join date: Mar 14, 2022

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The global battery market size was valued at $10.8 billion in 2020, and is projected to reach $27.5 billion by 2030, registering a CAGR of 10.4% from 2021 to 2030. Portable battery is a type of electrical battery that can be charged, and discharged into a load. Portable battery finds its application in several end uses such as electrical industry and automotive industry. Rise in construction activities of infrastructure across the developing countries such as India are expected to drive the growth of the global market during the forecast period. In addition, rapid rise in global warming and increase in favorable policies by the government toward electric vehicle is providing ample opportunities for the growth of the portable battery market.

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