PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1656091
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1656091
Decreasing Costs of Lithium-ion Batteries Will Result in Increased Investments in Battery Manufacturing
This Frost & Sullivan report analyzes trends in the global battery manufacturing industry that present market opportunities for pumps and valve vendors. It provides insights into the types of pumps and valves utilized in battery manufacturing, as well as the sustainability initiatives implemented by key market participants. It also identifies specific areas in the battery manufacturing process where pumps and valves are employed. Additionally, the report discusses key growth rates and investments relevant to the battery manufacturing industry.
A primary focus in the battery manufacturing industry is electric vehicles, as they represent a significant portion of demand. Investments in electric vehicles are increasing and are anticipated to continue to rise in the coming years. However, if the supply of essential minerals needed to meet this demand is insufficient, challenges may arise.
The report will be of interest to pump manufacturers looking to expand their market share or invest in new technologies related to battery manufacturing.