Solid State Battery Market Size, Growth, Trends, Outlook And Forecast By 2030

The global Solid State Battery (SS market size was USD 630.5 Million in 2021 and is expected to register a revenue CAGR of 36.3% over the forecast period, according to the latest analysis by Emergen Research.

Read More: https://www.emergenresearch.co....m/industry-report/so

Rising popularity of solid-state batteries due to their longer shelf life than conventional batteries and the rapid increase in demand for miniaturized power sources are major factors driving market revenue growth.

Solid State Battery Market Research Report | Size, Share, Regional Analysis, Global Forecast to 2030

Majority of problems with modern Li-ion batteries could be resolved with a solid-state battery. Glass solid-state battery can have an energy density that is three times greater by adding an alkali-metal anode (lithium, sodium, or potassium) that boosts energy density of a cathode and has a long cycle life. It is assumed that a solid-state electrolyte is either non-combustible or self-ignite-resistant. Solid-state batteries incombustibility also lowers possibility of thermal runaway, and as a result, allowing for more compact cell packaging and enhancing design flexibility and volumetric density.
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