Sodium-Ion Battery Market Size Poised for Rapid Growth, Expected to Hit USD 1.84 Billion by 2030
The sodium-ion battery market, valued at USD 0.48 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2030, reaching approximately USD 1.84 billion by the end of the forecast period. This growth is primarily fueled by the increasing demand for sustainable and cost-effective energy storage solutions, particularly in the electric vehicle (EV) sector and renewable energy applications.
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