Veridia Analytics

  Plastic Rolling Bearings Market Size and Opportunity Analysis The global plastic rolling bearings market was valued at approximately USD 3.2 billion in 2022, with expectations to reach USD 4.5 billion by 2027, reflecting a compound annual growth rate (CAGR) of around 6.5%. This growth is driven by increasing demand for lightweight and corrosion-resistant components across various industries such as automotive, aerospace, and electronics. The integration of plastic rolling bearings in applications requiring high resistance to environmental factors and reduced maintenance costs is particularly contributing to this upward trend. The market expansion is also supported by advancements in polymer technologies, enhancing the performance and durability of these bearings. Emerging markets, particularly in Asia-Pacific, are anticipated to present significant opportunities for growth due to rapid industrialization and infrastructural development. Countries like China and India are witnessin...

  Cylindrical Lithium Battery Pack Market Size and Opportunity Analysis The Cylindrical Lithium Battery Pack market was valued at approximately USD 14.3 billion in 2022 and is projected to reach around USD 25.6 billion by 2028. This growth corresponds to a compound annual growth rate (CAGR) of 10.5% from 2023 to 2028. The increasing adoption of electric vehicles (EVs) and advancements in energy storage technology are significant drivers of this market expansion. Furthermore, the rising demand for portable consumer electronics and renewable energy solutions is also contributing to the market's robust growth. The segment's expansion is supported by innovations in battery design and materials, aimed at enhancing energy density and safety. Opportunities within the Cylindrical Lithium Battery Pack market are poised to increase as emerging markets such as Asia-Pacific exhibit substantial growth potential. The region's rapid industrialization and urbanization are fueling demand fo...

  Prismatic Lithium Batteries in Automotive Market Size and Opportunity Analysis The global market for prismatic lithium batteries in the automotive sector was valued at approximately USD 14.2 billion in 2022. This market is anticipated to grow at a robust compound annual growth rate (CAGR) of 19.5% from 2023 to 2028. The expansion is driven by the increasing adoption of electric vehicles (EVs) and the growing demand for high-energy-density batteries. As automotive manufacturers prioritize efficiency and longer battery life, prismatic lithium batteries are gaining traction due to their advantageous characteristics such as better thermal stability and higher energy density compared to other battery types. Opportunity analysis reveals significant growth potential in emerging markets such as Southeast Asia and Latin America. These regions are experiencing rapid economic development and urbanization, leading to higher adoption rates of EVs. Moreover, supportive government policies and ...

  21700 Battery Pack Market Size and Opportunity Analysis The global 21700 battery pack market was valued at approximately $1.2 billion in 2022 and is projected to experience a robust compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. This growth is driven by the increasing adoption of 21700 batteries in electric vehicles (EVs), power tools, and consumer electronics. The market's expansion is further supported by advancements in battery technology, which enhance the performance and safety of these batteries. The rising demand for high-capacity and longer-lasting battery solutions across various applications fuels the growth of the market, with the automotive sector being a significant contributor.Emerging markets present substantial opportunities for growth in the 21700 battery pack sector. As economies in Asia-Pacific and Latin America continue to develop, the demand for energy storage solutions and electric mobility increases. Countries within these regions are witnes...