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OverviewAPI
The global lithium titanate oxide (LTO) battery market is projected to grow from $4.5 billion in 2023 to $7.3 billion by 2028 at a CAGR of 10.1%. The market is driven by the growing demand for LTO batteries in automotive, consumer electronics, power, and telecommunications sectors. Major players in the market include Europe, particularly Germany, where a significant growth is expected due to increasing demand for hybrid and plug-in electric vehicles.

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