Solid-State Battery Market: 2021 by Demand and Global Forecast to 2027
Market Synopsis As per the research by Market Research Future Reports (MRFR), the global solid-state battery market is estimated to value 62.5 million by 2025, thriving at a CAGR of 48.02% from 2019 to 2025. The most important factors which influence the global solid-state batteries in the electric vehicles market 2020 are the rising electric vehicle sales, the growing research, and development initiatives taken by several major companies, focus on developing new products. Apart from this, the organizations are also paying attention to the launch of new products to leverage the unique attributes of the solid-state batteries. Moreover, these batteries possess the capacity to supply a stable voltage, which escalates their adoption in medical and precision equipment. Key Players The forefront players in the global solid-state battery market are Infinite Power Solution, Inc. (U.S.).,STMicroelectronics N.V. (Switzerland), Cymbet Corporation (U.S.), Robert Bosch GmbH (Germany), Brightv