The "secondary battery" sector refers to rechargeable batteries, with the market overwhelmingly dominated by Lithium-ion (Li-ion) technology due to its high energy density and suitability for Electric Vehicles (EVs) and grid energy storage systems (ESS).
This market is experiencing rapid growth (projected CAGR of ~9-
These companies are focused on newer chemistries or specific, high-growth niches, representing potential disruptive plays but often carrying higher risk/volatility (many are pre-revenue).
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