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Lithium-ion Battery Market Size Worth $83.36 Billion By 2027

The global lithium-ion battery market size is expected to reach USD 83.36 billion by 2027

The global smart lighting market size is expected to reach USD 45.47 Billion at a steady revenue CAGR of 19.7% in 2028, according to the latest analysis by Emergen Research.

The Global fiber optics market size was valued at USD 3.1 Billion in 2020 and is projected to expand with a CAGR of 6% from 2021 to 2028

The growth of the generator market is driven by growing demand for constinuous power supply and evolving new technologies such as fuel cell generators. Increasing demand for uninterrupted and reliable power supply, rapid industrialization owing the demand for generators, and rise in the awareness of the benefits offered by fuel cell generators are expected to drive the demand for-backup power generation. The rapidly expanding manufacturing sector, especially in Asia Pacific, has fueled the demand for generators and power generation systems.

The Indian economy is ranked as the world's 5th largest economy in terms of GDP with USD 3,942 billion. Unlike other top economies of the world, the Indian economy is still more agriculture-centric. According to 2016 data, agriculture and allied sectors like animal husbandry, forestry and fisheries constitute 16% of our GDP and still 50% of our workforce resides in the agriculture sector. Explore the list of best fertilizer stocks in India in 2024 as per analyst rating Know in detail about best fertilizer stocks in India