Solid State Battery Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Solid State Battery Market in 2025 is evaluated at USD 3.08 billion. The global market size surpassed USD 2.4 billion in 2024 and is projected to witness a CAGR of over 35.3%, crossing USD 122.2 billion revenue by 2037. North America is anticipated to attain USD 41.55 billion by 2037, supported by demand for wearable tech and growing disposable incomes.
The market growth can be attributed to rising focus on clean energy and higher integration of electric vehicles pushed by governments all across the globe. Governments all over the globe are enacting laws and regulations to cut carbon emissions and encourage the use of renewable energy sources. Moreover, rising demand for renewable energy storage is anticipated to boost the industry growth. These batteries have the capacity to store excess energy generated during times of high production and release it during emergencies.
