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| Dimension | Value |
|---|---|
| Market Size (2023) | $1.2 Billion |
| Growth Rate (CAGR 2023-2030) | 15% |
| Key Application Areas | Electric Vehicles, Energy Storage Systems, Marine Applications |
| Top Regions | North America, Europe, Asia-Pacific |
| Key Trends | Rising Demand for Renewable Energy, Advancements in Battery Technology |
| Regulatory Environment | Supportive Government Policies for EV Adoption |