The APAC region holds the largest market share and growth in the Automotive Battery
Market and is anticipated to reach $17.5 billion by 2023 at a CAGR of 10.8%. In order
to keep up with the growing demand, several global auto makers have started investing
heavily in various segments of
the industry during the last few months, which simultaneously escalated the emergence
of new technologies, thereby driving the automotive battery market in the region.
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