Solid-State Battery Market to Reach $3.81 Billion by 2029 -- Excluisve Report by Meticulous Research®
However, the higher cost of solid-state batteries and technological challenges hinder the growth of this market to a notable extent.
- However, the higher cost of solid-state batteries and technological challenges hinder the growth of this market to a notable extent.
- The non-combustible and resistance to the self-ignition features of solid-state batteries are expected to boost the global solid-state batteries market.
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Based on application, the solid-state batteries market is segmented into medical devices, automotive, consumer electronics, aerospace, battery energy storage systems, and industrial equipment. - Key automakers are investing, collaborating, and partnering with U.S.-based solid-state batteries manufacturers for the research and development of solid-state batteries.