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On September 6, Shenzhen Olutong Electronics Co., Ltd. quoted the analysis report of the lithium battery power tool industry released by QYResearch

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Market research firm QYResearch predicts that the global lithium battery power tool market is expected to grow from US$12.36 billion in 2022 to US$21.56 billion in 2029, with a compound annual growth rate of 8.06% from 2023 to 2029.

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