World Solid State Batteries Market

Date: 2016-08

Solid state batteries are batteries which are particularly lightweight and long-lasting, owing to their being designed with electrode and electrolyte materials. The growing demand for compact and long lasting batteries and the opportunities presented by smartphone and sensors technologies that utilize such batteries are promoting the growth of the solid state battery market. Solid state batteries are safer than liquid state batteries and have a higher performance efficiency. However, the high cost of these batteries as compared to conventional batteries and their inefficient performance in lower temperatures are some obstacles for the market.

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