Battery as a Service (BaaS) Market Size is Projected to Reach USD 9.36 Billion by 2033, Growing at a CAGR of 20.67%: Straits Research

The global battery as a service (BaaS) market size was valued at USD 1.73 billion in 2024 and is expected to grow from USD 2.08 billion in 2025 to reach USD 9.36 billion by 2033, growing at a CAGR of 20.67% during the forecast period (2025-2033).New York, United States, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Battery as a Service (BaaS) allows users to lease battery usage instead of bearing the high upfront cost of purchasing batteries. This innovative model has gained widespread popularity, especially in electri ...