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| Dimension | Value |
|---|---|
| Market Size (2023) | $12 Billion |
| Projected Growth Rate (2024-2029) | 15% CAGR |
| Leading Technology | Lithium-ion |
| Major Application Areas | Residential, Commercial, Utility |
| Key Drivers | Increased Renewable Energy Adoption |
| Regulatory Support | Government Subsidies and Incentives |
| Challenges | High Initial Costs |
| Customer Satisfaction Rate | 85% |