Lux predicts energy storage market will hit $546B by 2035
Green Car Congress
FEBRUARY 26, 2020
The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Residential storage has a CAGR of 76% and $8 billion revenue increase over the next three years, followed by personal mobility with a CAGR of $49% and $4.6 billion revenue in 2019.
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