Solid State Battery Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 18, 2020 by shaqibakram

The increasing adoption of consumer electronics and wearable gadgets, growing adoption of electric vehicles, and rising utility of battery energy storage systems are some factors surging the growth of the solid state battery market.

 
The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers.

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The Solid State Battery Market drivers and trends are as follows:

The increasing adoption of consumer electronics and wearable gadgets, growing adoption of electric vehicles, and rising utility of battery energy storage systems are some factors surging the growth of the solid state battery market. Moreover, solid state batteries provide higher energy density, low flammability, and higher electrochemical stability in comparison to the conventional batteries owing to which they are highly used in electric vehicles. These factors are projected to propel the growth of the market.

The rapidly emerging consumer electronics and sensor market and the rising trend toward the miniaturization of electronic devices and increasing demand for light batteries in wearable devices, including smart clothing, fitness bands, and smartwatches, are further accelerating the demand for solid state batteries. In addition to this, the rising adoption of smartphones, followed by the rising demand for small-sized batteries with high performance and durability, is further projected to accelerate the growth and development of the solid state battery market in the upcoming years. On the other hand, the high cost of solid state batteries and complicated manufacturing process of solid state batteries are certain drivers that are anticipated to hamper the growth of the market in the upcoming years. The increasing influence of the COVID-19 pandemic on the market is anticipated to hinder the market growth.

Key Benefits of the Report:

This report offers an analytical depiction of the solid state battery market while providing the current trends and future estimations to determine the imminent investment pockets.
This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the solid state battery market share.
The report also provides a detailed solid state battery market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Solid State Battery Market report:

Cymbet Corporation
Robert Bosch GmbH
Toyota Motor Corporation
BrightVolt Solid State Batteries
Excellatron Solid State, LLC
Blue Solution, Solid Power
QuantumScape Corporation
ProLogium Technology Co., Ltd.
Solvay SA
Segmentation of the Solid State Battery Market:

Breakup by Component:

Cathode
Anode
Solid Electrolyte
o Polymer

o Sulfide

o Oxide

o Solid

o Glass

Others
Breakup by Type:

Single-Cell Battery
Multi-Cell Battery
Breakup by Rechargeability:

Primary Battery
Secondary Battery
Breakup by Capacity:

Below 20 mAh
Between 20 mAh And 500 mAh,
ABove 500 mAh
Breakup by Application:

Consumer Electronics
o Smartphones

o Wearables

Electric Vehicles
Medical Devices
Energy Harvesting
Wireless Sensors
Packaging
Others
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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Last Updated November 18, 2020