Global Power Equipment Batteries Market Outlook & Forecast Report 2023-2028: Precision Manufacturing Drives Power Equipment Batteries Demand in High-Tolerance Industries - ResearchAndMarkets.com
The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
- The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
- The global power equipment batteries market is expected to reach a value of $7.85 billion by 2028 from $5.6 billion in 2022, growing at a CAGR of 5.80% from 2022 to 2028
The global power equipment batteries market is characterized by low market concentration and high competition among players. - These advances have supported the development of innovative and sophisticated cordless power tools and propelled the demand for power equipment batteries.
- Thus, using such power tools in these industries will also stir the demand for power equipment batteries.