2030 Vision: Solid-State Battery Market to Skyrocket to $963 Million
The report " Solid-State Battery Market by Type (Single-cell, Multi-cell), Capacity (Below 20 mAh, 20–500 mAh, Above 500 mAh), Battery Type (Primary, Secondary), Application (Consumer Electronics, Electric Vehicles, Medical Devices), Region - Global Forecast to 2030" highlights the tremendous growth potential of the global solid-state battery industry. The market size is expected to surge from USD 85 million in 2023 to USD 963 million by 2030, reflecting an impressive compound annual growth rate (CAGR) of 41.5% over the forecast period. This growth is driven by the increasing demand for solid-state batteries in various applications, including consumer electronics, electric vehicles, and medical devices. Solid-state batteries offer numerous advantages, such as higher energy density, improved safety, and longer lifespan compared to traditional lithium-ion batteries, making them an attractive option for these industries. As technological advancements continue and production co...