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Australia's Battery Manufacturing Market to See More than 12% CAGR Growth 2020-2025, an Industrial Info Market Brief

Australia

According to Mordor Intelligence, Australia's battery manufacturing market is expected to grow at a compound annual growth rate (CAGR) of more than 12% from 2020 through 2025, because of declining lithium-ion battery prices, increasing solar photovoltaic installations and increasing adoption of electric vehicles.