Solid-State Battery Market Worth $3.81 Billion And 7.3 Growth by 2029
Meticulous Research ® —a leading global market research company, published a research report titled “ Solid-State Batteries Market by Type (Thin Film Batteries, Bulk Batteries, and Other Batteries), Capacity (Less than 20mAh, 21mAh to 500mAh, and Above 500mAh), Application, and Geography — Global Forecasts to 2029” . The Solid-State Battery Market is expected to grow at a CAGR of 58% from 2022 to reach $3.81 billion by 2029. By volume, this market is expected to grow at a CAGR of 71% from 2022 to reach 7.3 GWh by 2029. This market is driven by factors, such as the high energy density of solid-state batteries, faster-charging rate compared to Li-ion batteries, and a safer alternative to Li-ion batteries. Moreover, increasing R&D for the application of solid-state batteries in EVs and the increase in R&D investments for the development of solid-state batteries for consumer electronics devices are expected to provide attractive growth opportunities for players o...