Global Solid State Battery Market 2022-2028
Solid-state batteries employ a solid electrolyte, such as ceramics (oxides, sulfides, etc.), polymers and glass, which provides increased safety and higher energy densities. The benefits of the solid-state electrolytes (SSE) design are many, at least in theory, and include increased ionic conductivity, higher volumetric energy density, long cycle life and increased thermal, mechanical and electromechanical stability. The global solid state battery market market is projected to rise by USD 952 million by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 31.2 percent during the forecast period.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global solid state battery market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the solid state battery industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the capacity, application, and region. The global market for solid state battery can be segmented by capacity: below 20mAh, 20mAh-500mAh, above 500mAh. Solid state battery market is further segmented by application: consumer electronics, EVs, industrial, medical and healthcare devices, others. Among these, the EVs segment was accounted for the highest revenue generator in 2021. Based on region, the solid state battery market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). North America captured the largest share of the market in 2021.
By capacity:
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