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Global Solid State Batteries Market Research Report 2024
Synopsis
Chemical energy storage, including lead acid batteries, nickel system batteries, and lithium ion batteries (LiBs), is considered to be the most promising energy storage technology for industrialization. Among these, LiBs have many advantages such as light weight, high energy density, high power density, and long life, and they are overwhelmingly preferred by designers for use in portable electronic devices such as cell phones and laptops. However, overcharging or short-circuiting can lead to high temperature and result in fire or explosion due to the presence of flammable organic electrolytes. Fires and explosions of LiBs have been reported throughout the world. The developments of electric vehicles (EVs) and large-scale energy storage devices for new kinds of power stations greatly expand the market for LiBs, meanwhile, stricter safety requirements apply to LiBs. Since large numbers of LiBs are packed together in EVs or power stations, fire or explosion in an LiB could be disastrous. Safety has become the main obstacle for the wide application of LiBs. To meet this issue, All-Solid-State Battery have entered the field.
A solid state battery is composed mainly of cathode, anode, and solid electrolyte, as developed during the latter half of the 20th century. All-Solid-State Battery have a simpler structure than the traditional LiBs, and the simplified structure with a solid electrolyte enables higher energy density. Solid electrolytes not only conduct Li+ ions but also serve as the separator, as shown in Figure below. In All-Solid-State Battery, no organic liquid electrolyte, electrolyte salt, separator, or binder is required, which dramatically simplifies the assembly process. The operational principle of All-Solid-State Battery is no different from the traditional LiBs. In the charge process, lithium ions deintercalate from the cathode material and transport to the anode through the electrolyte, while electrons drift to the anode by the external circuit. Lithium ions combine with electrons to form more complete lithium atoms. The discharge process is just the reverse.
The global Solid State Batteries market was valued at US$ 82 million in 2023 and is anticipated to reach US$ 491.9 million by 2030, witnessing a CAGR of 28.8% during the forecast period 2024-2030.
The global Solid State Batteries key players are mainly located in US, Europe, Japan, South Korea and China, include the BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota and Panasonic, etc.
This report aims to provide a comprehensive presentation of the global market for Solid State Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid State Batteries.
Report Scope
The Solid State Batteries market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solid State Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solid State Batteries companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BMW
Hyundai
Dyson
Apple
CATL
Bolloré
Toyota
Panasonic
Jiawei
Bosch
Quantum Scape
Ilika
Excellatron Solid State
Cymbet
Solid Power
Mitsui Kinzoku
Samsung
ProLogium
Front Edge Technology
Segment by Type
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
Segment by Application
Consumer Electronics
Electric Vehicle
Aerospace
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solid State Batteries companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Chemical energy storage, including lead acid batteries, nickel system batteries, and lithium ion batteries (LiBs), is considered to be the most promising energy storage technology for industrialization. Among these, LiBs have many advantages such as light weight, high energy density, high power density, and long life, and they are overwhelmingly preferred by designers for use in portable electronic devices such as cell phones and laptops. However, overcharging or short-circuiting can lead to high temperature and result in fire or explosion due to the presence of flammable organic electrolytes. Fires and explosions of LiBs have been reported throughout the world. The developments of electric vehicles (EVs) and large-scale energy storage devices for new kinds of power stations greatly expand the market for LiBs, meanwhile, stricter safety requirements apply to LiBs. Since large numbers of LiBs are packed together in EVs or power stations, fire or explosion in an LiB could be disastrous. Safety has become the main obstacle for the wide application of LiBs. To meet this issue, All-Solid-State Battery have entered the field.
A solid state battery is composed mainly of cathode, anode, and solid electrolyte, as developed during the latter half of the 20th century. All-Solid-State Battery have a simpler structure than the traditional LiBs, and the simplified structure with a solid electrolyte enables higher energy density. Solid electrolytes not only conduct Li+ ions but also serve as the separator, as shown in Figure below. In All-Solid-State Battery, no organic liquid electrolyte, electrolyte salt, separator, or binder is required, which dramatically simplifies the assembly process. The operational principle of All-Solid-State Battery is no different from the traditional LiBs. In the charge process, lithium ions deintercalate from the cathode material and transport to the anode through the electrolyte, while electrons drift to the anode by the external circuit. Lithium ions combine with electrons to form more complete lithium atoms. The discharge process is just the reverse.
The global Solid State Batteries market was valued at US$ 82 million in 2023 and is anticipated to reach US$ 491.9 million by 2030, witnessing a CAGR of 28.8% during the forecast period 2024-2030.
The global Solid State Batteries key players are mainly located in US, Europe, Japan, South Korea and China, include the BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota and Panasonic, etc.
This report aims to provide a comprehensive presentation of the global market for Solid State Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid State Batteries.
Report Scope
The Solid State Batteries market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solid State Batteries market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solid State Batteries companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BMW
Hyundai
Dyson
Apple
CATL
Bolloré
Toyota
Panasonic
Jiawei
Bosch
Quantum Scape
Ilika
Excellatron Solid State
Cymbet
Solid Power
Mitsui Kinzoku
Samsung
ProLogium
Front Edge Technology
Segment by Type
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
Segment by Application
Consumer Electronics
Electric Vehicle
Aerospace
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solid State Batteries companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solid State Batteries Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Polymer-Based Solid State Batteries
1.2.3 Solid State Batteries with Inorganic Solid Electrolytes
1.3 Market by Application
1.3.1 Global Solid State Batteries Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Consumer Electronics
1.3.3 Electric Vehicle
1.3.4 Aerospace
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solid State Batteries Market Perspective (2019-2030)
2.2 Solid State Batteries Growth Trends by Region
2.2.1 Global Solid State Batteries Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Solid State Batteries Historic Market Size by Region (2019-2024)
2.2.3 Solid State Batteries Forecasted Market Size by Region (2025-2030)
2.3 Solid State Batteries Market Dynamics
2.3.1 Solid State Batteries Industry Trends
2.3.2 Solid State Batteries Market Drivers
2.3.3 Solid State Batteries Market Challenges
2.3.4 Solid State Batteries Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Solid State Batteries Players by Revenue
3.1.1 Global Top Solid State Batteries Players by Revenue (2019-2024)
3.1.2 Global Solid State Batteries Revenue Market Share by Players (2019-2024)
3.2 Global Solid State Batteries Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Solid State Batteries Revenue
3.4 Global Solid State Batteries Market Concentration Ratio
3.4.1 Global Solid State Batteries Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solid State Batteries Revenue in 2023
3.5 Solid State Batteries Key Players Head office and Area Served
3.6 Key Players Solid State Batteries Product Solution and Service
3.7 Date of Enter into Solid State Batteries Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Solid State Batteries Breakdown Data by Type
4.1 Global Solid State Batteries Historic Market Size by Type (2019-2024)
4.2 Global Solid State Batteries Forecasted Market Size by Type (2025-2030)
5 Solid State Batteries Breakdown Data by Application
5.1 Global Solid State Batteries Historic Market Size by Application (2019-2024)
5.2 Global Solid State Batteries Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Solid State Batteries Market Size (2019-2030)
6.2 North America Solid State Batteries Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Solid State Batteries Market Size by Country (2019-2024)
6.4 North America Solid State Batteries Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Solid State Batteries Market Size (2019-2030)
7.2 Europe Solid State Batteries Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Solid State Batteries Market Size by Country (2019-2024)
7.4 Europe Solid State Batteries Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Solid State Batteries Market Size (2019-2030)
8.2 Asia-Pacific Solid State Batteries Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Solid State Batteries Market Size by Region (2019-2024)
8.4 Asia-Pacific Solid State Batteries Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Solid State Batteries Market Size (2019-2030)
9.2 Latin America Solid State Batteries Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Solid State Batteries Market Size by Country (2019-2024)
9.4 Latin America Solid State Batteries Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Solid State Batteries Market Size (2019-2030)
10.2 Middle East & Africa Solid State Batteries Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Solid State Batteries Market Size by Country (2019-2024)
10.4 Middle East & Africa Solid State Batteries Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 BMW
11.1.1 BMW Company Detail
11.1.2 BMW Business Overview
11.1.3 BMW Solid State Batteries Introduction
11.1.4 BMW Revenue in Solid State Batteries Business (2019-2024)
11.1.5 BMW Recent Development
11.2 Hyundai
11.2.1 Hyundai Company Detail
11.2.2 Hyundai Business Overview
11.2.3 Hyundai Solid State Batteries Introduction
11.2.4 Hyundai Revenue in Solid State Batteries Business (2019-2024)
11.2.5 Hyundai Recent Development
11.3 Dyson
11.3.1 Dyson Company Detail
11.3.2 Dyson Business Overview
11.3.3 Dyson Solid State Batteries Introduction
11.3.4 Dyson Revenue in Solid State Batteries Business (2019-2024)
11.3.5 Dyson Recent Development
11.4 Apple
11.4.1 Apple Company Detail
11.4.2 Apple Business Overview
11.4.3 Apple Solid State Batteries Introduction
11.4.4 Apple Revenue in Solid State Batteries Business (2019-2024)
11.4.5 Apple Recent Development
11.5 CATL
11.5.1 CATL Company Detail
11.5.2 CATL Business Overview
11.5.3 CATL Solid State Batteries Introduction
11.5.4 CATL Revenue in Solid State Batteries Business (2019-2024)
11.5.5 CATL Recent Development
11.6 Bolloré
11.6.1 Bolloré Company Detail
11.6.2 Bolloré Business Overview
11.6.3 Bolloré Solid State Batteries Introduction
11.6.4 Bolloré Revenue in Solid State Batteries Business (2019-2024)
11.6.5 Bolloré Recent Development
11.7 Toyota
11.7.1 Toyota Company Detail
11.7.2 Toyota Business Overview
11.7.3 Toyota Solid State Batteries Introduction
11.7.4 Toyota Revenue in Solid State Batteries Business (2019-2024)
11.7.5 Toyota Recent Development
11.8 Panasonic
11.8.1 Panasonic Company Detail
11.8.2 Panasonic Business Overview
11.8.3 Panasonic Solid State Batteries Introduction
11.8.4 Panasonic Revenue in Solid State Batteries Business (2019-2024)
11.8.5 Panasonic Recent Development
11.9 Jiawei
11.9.1 Jiawei Company Detail
11.9.2 Jiawei Business Overview
11.9.3 Jiawei Solid State Batteries Introduction
11.9.4 Jiawei Revenue in Solid State Batteries Business (2019-2024)
11.9.5 Jiawei Recent Development
11.10 Bosch
11.10.1 Bosch Company Detail
11.10.2 Bosch Business Overview
11.10.3 Bosch Solid State Batteries Introduction
11.10.4 Bosch Revenue in Solid State Batteries Business (2019-2024)
11.10.5 Bosch Recent Development
11.11 Quantum Scape
11.11.1 Quantum Scape Company Detail
11.11.2 Quantum Scape Business Overview
11.11.3 Quantum Scape Solid State Batteries Introduction
11.11.4 Quantum Scape Revenue in Solid State Batteries Business (2019-2024)
11.11.5 Quantum Scape Recent Development
11.12 Ilika
11.12.1 Ilika Company Detail
11.12.2 Ilika Business Overview
11.12.3 Ilika Solid State Batteries Introduction
11.12.4 Ilika Revenue in Solid State Batteries Business (2019-2024)
11.12.5 Ilika Recent Development
11.13 Excellatron Solid State
11.13.1 Excellatron Solid State Company Detail
11.13.2 Excellatron Solid State Business Overview
11.13.3 Excellatron Solid State Solid State Batteries Introduction
11.13.4 Excellatron Solid State Revenue in Solid State Batteries Business (2019-2024)
11.13.5 Excellatron Solid State Recent Development
11.14 Cymbet
11.14.1 Cymbet Company Detail
11.14.2 Cymbet Business Overview
11.14.3 Cymbet Solid State Batteries Introduction
11.14.4 Cymbet Revenue in Solid State Batteries Business (2019-2024)
11.14.5 Cymbet Recent Development
11.15 Solid Power
11.15.1 Solid Power Company Detail
11.15.2 Solid Power Business Overview
11.15.3 Solid Power Solid State Batteries Introduction
11.15.4 Solid Power Revenue in Solid State Batteries Business (2019-2024)
11.15.5 Solid Power Recent Development
11.16 Mitsui Kinzoku
11.16.1 Mitsui Kinzoku Company Detail
11.16.2 Mitsui Kinzoku Business Overview
11.16.3 Mitsui Kinzoku Solid State Batteries Introduction
11.16.4 Mitsui Kinzoku Revenue in Solid State Batteries Business (2019-2024)
11.16.5 Mitsui Kinzoku Recent Development
11.17 Samsung
11.17.1 Samsung Company Detail
11.17.2 Samsung Business Overview
11.17.3 Samsung Solid State Batteries Introduction
11.17.4 Samsung Revenue in Solid State Batteries Business (2019-2024)
11.17.5 Samsung Recent Development
11.18 ProLogium
11.18.1 ProLogium Company Detail
11.18.2 ProLogium Business Overview
11.18.3 ProLogium Solid State Batteries Introduction
11.18.4 ProLogium Revenue in Solid State Batteries Business (2019-2024)
11.18.5 ProLogium Recent Development
11.19 Front Edge Technology
11.19.1 Front Edge Technology Company Detail
11.19.2 Front Edge Technology Business Overview
11.19.3 Front Edge Technology Solid State Batteries Introduction
11.19.4 Front Edge Technology Revenue in Solid State Batteries Business (2019-2024)
11.19.5 Front Edge Technology Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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