International. The market will grow from $260 billion in 2025 to $1.77 billion, driven by demand for electric vehicles and wireless devices.
The global solid-state battery market will grow at a CAGR of 37.5% between 2025 and 2031, according to a new report from MarketsandMarkets. Offering higher energy density, more safety, and a longer lifespan compared to lithium-ion batteries, this technology is gaining traction in industries such as automotive, aerospace, and medical devices.
One of the main drivers of this growth is the transition to electric mobility. The use of solid electrolytes eliminates the risk of leakage and overheating, critical factors in new generation electric vehicles. In addition, the evolution of manufacturing processes is accelerating the commercialization of this technology.
Wireless sensors: a booming market
The growing adoption of wireless devices – such as hearing aids, IoT sensors, and wearables – is driving demand for safer, more compact, and more efficient batteries. In this segment, solid-state batteries are also emerging as an ideal solution, especially in harsh environments where lithium-ion batteries are not viable.
The United States, along with Canada and Mexico, will be one of the key regions for the development of solid-state batteries by 2031. Companies such as Solid Power, Sakuu, QuantumScape and Excellatron are leading research in this area, supported by demand from EV manufacturers such as Tesla, Ford, General Motors, Rivian and Volkswagen.
