Zion Market Research Global Solid State Battery Market, 2016–2024 | Page 2

Solid State Battery Market
Zion Market Research, the market research group announced the analysis report titled ‘Solid State
Battery Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–
2024’
Global Solid State Battery Market: Overview
Solid state battery consists of both solid electrolytes and electrodes. These materials are good
conductors of electricity which improves the performance. The high ionic conductivity of the battery
reduces internal resistance and allows high power densities. However, high electronic resistance
reduces its self-discharge rate and results in improved charge retention. Polymeric and glassy
materials can be readily molded into a thin film that enhances overall capability of the system.
Advanced materials and technology used in the solid state battery have significantly increased the
reliability and performance of the battery systems. In solid state batteries, liquid electrolytes
previously used in the conventional lithium-ion batteries are replaced by lithium metal electrodes.
The solid state batteries are capable of storing more energy and are highly efficient compared to
conventional batteries.
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