06
Feb
According to the latest report by IMARC Group, titled “Gel Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global gel battery market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028. A gel battery is a robust, lightweight, versatile, valve regulated, maintenance-free, lead acid battery. It relies on silica to make the electrolyte set up and strengthen the battery. It can withstand extreme temperature ranges and offers a longer lifespan as compared to a conventional lead-acid…