Li-ion batteries for outdoor power equipment are advanced rechargeable batteries that are designed to provide reliable, long-lasting energy for a variety of outdoor power equipment, such as cordless lawn mowers, chainsaws, trimmers and blowers. These batteries are lightweight and provide high energy density, and are designed to be more efficient than traditional lead acid batteries. They also have a longer shelf life and are more resistant to extreme temperatures.
The global market for Li-ion batteries for outdoor power equipment was valued at around US$ 1.10 billion in 2020, and is expected to grow at a compound annual growth rate (CAGR) of 14.2% from 2021 to 2028, to reach US$ 3.15 billion by 2028. This growth is being driven by increasing demand for cordless outdoor power equipment, such as cordless lawn mowers, chainsaws and trimmers, due to their convenience and portability, as well as the development of new advanced battery technologies. Additionally, the increasing adoption of renewable energy sources, such as solar and wind power, is expected to drive the demand for Li-ion batteries for outdoor power equipment.
A detailed market research report on Global Li-ion Battery for Outdoor Power Equipment Market available at: https://www.themarketreports.com/report/global-li-ion-battery-for-outdoor-power-equipment-market-research-report
This report aims to provide a comprehensive presentation of the global market for Li-ion Battery for Outdoor Power Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Li-ion Battery for Outdoor Power Equipment.
The Li-ion Battery for Outdoor Power Equipment market size, estimations, and forecasts are provided in terms of output/shipments (kWh) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Li-ion Battery for Outdoor Power Equipment market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
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