Solid State Batteries Market - Industry Overview and Key Factors
Advancement in technology and materials has substantially increased the performance and reliability of battery systems. The liquid electrolytes used in conventional lithium-ion batteries are replaced by lithium metal electrodes in solid state batteries. As a result the solid state batteries are more efficient and can store more energy than conventional batteries. The rapidly developing consumer electronics and sensor market is the major market for solid state batteries. These end-user industries require high performing and long lasting batteries for effective working...
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