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Solid State Batteries-Global Market Insights and Sales Trends 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 size is expected to reach US$ 491.9 million by 2029, growing at a CAGR of 28.8% from 2023 to 2029. The market is mainly driven by the significant applications of Solid State Batteries in various end use industries. The expanding demands from the Consumer Electronics, Electric Vehicle, Aerospace and Others, are propelling Solid State Batteries market. Polymer-Based Solid State Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid State Batteries with Inorganic Solid Electrolytes segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solid State Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solid State Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solid State Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solid State Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solid State Batteries covered in this report include BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota, Panasonic and Jiawei, etc.
The global Solid State Batteries market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Solid State Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solid State Batteries market, Segment by Type:
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
Global Solid State Batteries market, by Application
Consumer Electronics
Electric Vehicle
Aerospace
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Solid State Batteries companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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 size is expected to reach US$ 491.9 million by 2029, growing at a CAGR of 28.8% from 2023 to 2029. The market is mainly driven by the significant applications of Solid State Batteries in various end use industries. The expanding demands from the Consumer Electronics, Electric Vehicle, Aerospace and Others, are propelling Solid State Batteries market. Polymer-Based Solid State Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid State Batteries with Inorganic Solid Electrolytes segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solid State Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solid State Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solid State Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solid State Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solid State Batteries covered in this report include BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota, Panasonic and Jiawei, etc.
The global Solid State Batteries market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Solid State Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solid State Batteries market, Segment by Type:
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
Global Solid State Batteries market, by Application
Consumer Electronics
Electric Vehicle
Aerospace
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Solid State Batteries companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Solid State Batteries
1.1 Solid State Batteries Market Overview
1.1.1 Solid State Batteries Product Scope
1.1.2 Solid State Batteries Market Status and Outlook
1.2 Global Solid State Batteries Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Solid State Batteries Market Size by Region (2018-2029)
1.4 Global Solid State Batteries Historic Market Size by Region (2018-2023)
1.5 Global Solid State Batteries Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Solid State Batteries Market Size (2018-2029)
1.6.1 North America Solid State Batteries Market Size (2018-2029)
1.6.2 Europe Solid State Batteries Market Size (2018-2029)
1.6.3 Asia-Pacific Solid State Batteries Market Size (2018-2029)
1.6.4 Latin America Solid State Batteries Market Size (2018-2029)
1.6.5 Middle East & Africa Solid State Batteries Market Size (2018-2029)
2 Solid State Batteries Market by Type
2.1 Introduction
2.1.1 Polymer-Based Solid State Batteries
2.1.2 Solid State Batteries with Inorganic Solid Electrolytes
2.2 Global Solid State Batteries Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Solid State Batteries Historic Market Size by Type (2018-2023)
2.2.2 Global Solid State Batteries Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Solid State Batteries Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Solid State Batteries Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Solid State Batteries Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Solid State Batteries Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Solid State Batteries Revenue Breakdown by Type (2018-2029)
3 Solid State Batteries Market Overview by Application
3.1 Introduction
3.1.1 Consumer Electronics
3.1.2 Electric Vehicle
3.1.3 Aerospace
3.1.4 Others
3.2 Global Solid State Batteries Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Solid State Batteries Historic Market Size by Application (2018-2023)
3.2.2 Global Solid State Batteries Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Solid State Batteries Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Solid State Batteries Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Solid State Batteries Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Solid State Batteries Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Solid State Batteries Revenue Breakdown by Application (2018-2029)
4 Solid State Batteries Competition Analysis by Players
4.1 Global Solid State Batteries Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solid State Batteries as of 2022)
4.3 Date of Key Players Enter into Solid State Batteries Market
4.4 Global Top Players Solid State Batteries Headquarters and Area Served
4.5 Key Players Solid State Batteries Product Solution and Service
4.6 Competitive Status
4.6.1 Solid State Batteries Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 BMW
5.1.1 BMW Profile
5.1.2 BMW Main Business
5.1.3 BMW Solid State Batteries Products, Services and Solutions
5.1.4 BMW Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.1.5 BMW Recent Developments
5.2 Hyundai
5.2.1 Hyundai Profile
5.2.2 Hyundai Main Business
5.2.3 Hyundai Solid State Batteries Products, Services and Solutions
5.2.4 Hyundai Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.2.5 Hyundai Recent Developments
5.3 Dyson
5.3.1 Dyson Profile
5.3.2 Dyson Main Business
5.3.3 Dyson Solid State Batteries Products, Services and Solutions
5.3.4 Dyson Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.3.5 Apple Recent Developments
5.4 Apple
5.4.1 Apple Profile
5.4.2 Apple Main Business
5.4.3 Apple Solid State Batteries Products, Services and Solutions
5.4.4 Apple Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.4.5 Apple Recent Developments
5.5 CATL
5.5.1 CATL Profile
5.5.2 CATL Main Business
5.5.3 CATL Solid State Batteries Products, Services and Solutions
5.5.4 CATL Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.5.5 CATL Recent Developments
5.6 Bolloré
5.6.1 Bolloré Profile
5.6.2 Bolloré Main Business
5.6.3 Bolloré Solid State Batteries Products, Services and Solutions
5.6.4 Bolloré Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.6.5 Bolloré Recent Developments
5.7 Toyota
5.7.1 Toyota Profile
5.7.2 Toyota Main Business
5.7.3 Toyota Solid State Batteries Products, Services and Solutions
5.7.4 Toyota Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.7.5 Toyota Recent Developments
5.8 Panasonic
5.8.1 Panasonic Profile
5.8.2 Panasonic Main Business
5.8.3 Panasonic Solid State Batteries Products, Services and Solutions
5.8.4 Panasonic Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.8.5 Panasonic Recent Developments
5.9 Jiawei
5.9.1 Jiawei Profile
5.9.2 Jiawei Main Business
5.9.3 Jiawei Solid State Batteries Products, Services and Solutions
5.9.4 Jiawei Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.9.5 Jiawei Recent Developments
5.10 Bosch
5.10.1 Bosch Profile
5.10.2 Bosch Main Business
5.10.3 Bosch Solid State Batteries Products, Services and Solutions
5.10.4 Bosch Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.10.5 Bosch Recent Developments
5.11 Quantum Scape
5.11.1 Quantum Scape Profile
5.11.2 Quantum Scape Main Business
5.11.3 Quantum Scape Solid State Batteries Products, Services and Solutions
5.11.4 Quantum Scape Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.11.5 Quantum Scape Recent Developments
5.12 Ilika
5.12.1 Ilika Profile
5.12.2 Ilika Main Business
5.12.3 Ilika Solid State Batteries Products, Services and Solutions
5.12.4 Ilika Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.12.5 Ilika Recent Developments
5.13 Excellatron Solid State
5.13.1 Excellatron Solid State Profile
5.13.2 Excellatron Solid State Main Business
5.13.3 Excellatron Solid State Solid State Batteries Products, Services and Solutions
5.13.4 Excellatron Solid State Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.13.5 Excellatron Solid State Recent Developments
5.14 Cymbet
5.14.1 Cymbet Profile
5.14.2 Cymbet Main Business
5.14.3 Cymbet Solid State Batteries Products, Services and Solutions
5.14.4 Cymbet Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.14.5 Cymbet Recent Developments
5.15 Solid Power
5.15.1 Solid Power Profile
5.15.2 Solid Power Main Business
5.15.3 Solid Power Solid State Batteries Products, Services and Solutions
5.15.4 Solid Power Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.15.5 Solid Power Recent Developments
5.16 Mitsui Kinzoku
5.16.1 Mitsui Kinzoku Profile
5.16.2 Mitsui Kinzoku Main Business
5.16.3 Mitsui Kinzoku Solid State Batteries Products, Services and Solutions
5.16.4 Mitsui Kinzoku Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.16.5 Mitsui Kinzoku Recent Developments
5.17 Samsung
5.17.1 Samsung Profile
5.17.2 Samsung Main Business
5.17.3 Samsung Solid State Batteries Products, Services and Solutions
5.17.4 Samsung Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.17.5 Samsung Recent Developments
5.18 ProLogium
5.18.1 ProLogium Profile
5.18.2 ProLogium Main Business
5.18.3 ProLogium Solid State Batteries Products, Services and Solutions
5.18.4 ProLogium Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.18.5 ProLogium Recent Developments
5.19 Front Edge Technology
5.19.1 Front Edge Technology Profile
5.19.2 Front Edge Technology Main Business
5.19.3 Front Edge Technology Solid State Batteries Products, Services and Solutions
5.19.4 Front Edge Technology Solid State Batteries Revenue (US$ Million) & (2018-2023)
5.19.5 Front Edge Technology Recent Developments
6 North America
6.1 North America Solid State Batteries Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Solid State Batteries Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Solid State Batteries Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Solid State Batteries Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Solid State Batteries Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Solid State Batteries Market Dynamics
11.1 Solid State Batteries Industry Trends
11.2 Solid State Batteries Market Drivers
11.3 Solid State Batteries Market Challenges
11.4 Solid State Batteries Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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