Solid State Batteries Market

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.

Solid State Batteries Market contains market size and forecasts of Solid State Batteries in Global, including the following market information:

Global Solid State Batteries Market Size 2023-2028, ($ millions)

The global Solid State Batteries market is projected to reach US$ 27.5% million by 2028.

We surveyed the Solid State Batteries companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solid State Batteries Market, by Type, 2023-2028 ($ millions)

Global Solid State Batteries Market Segment Percentages, by Type

Polymer-Based Solid State Batteries

Solid State Batteries with Inorganic Solid Electrolytes

Global Solid State Batteries Market, by Application, 2023-2028 ($ millions)

Global Solid State Batteries Market Segment Percentages, by Application

Consumer Electronics

Electric Vehicle

Aerospace

Others

Global Solid State Batteries Market, By Region and Country, 2023-2028 ($ Millions)

Global Solid State Batteries Market Segment Percentages, By Region and Country

United States

Europe

Asia

China

Rest of World

Competitor Analysis

The report also provides analysis of leading market participants including:

Further, the report presents profiles of competitors in the market, key players include:

BMW

Hyundai

Dyson

Apple

CATL

Bollor?

Toyota

Panasonic

Jiawei

Bosch

Quantum Scape

Ilika

Excellatron Solid State

Cymbet

Solid Power

Mitsui Kinzoku

Samsung

ProLogium

Front Edge Technology