Global Solid State Battery Market 2024-2028
Global Solid State Battery Market 2024-2028
The solid state battery market is forecasted to grow by USD 554.8 mn during 2023-2028, accelerating at a CAGR of 44.97% during the forecast period. The report on the solid state battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing requirement for long-range evs, increased government support for adoption of evs, and rising stringent laws against lead pollution.
Technavio's solid state battery market is segmented as below:
By Application
- Transportation
- Grid storage
- Others
By Type
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rising vendor collaborations as one of the prime reasons driving the solid state battery market growth during the next few years. Also, increasing advances in solid state batteries and use of nanotechnology in solid state batteries will lead to sizable demand in the market.
The report on the solid state battery market covers the following areas:
- Solid state battery market sizing
- Solid state battery market forecast
- Solid state battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solid state battery market vendors that include AMP Inc, Ampcera Inc., BrightVolt, BYD Co. Ltd., Factorial Energy, General Motors Co., Hitachi Zosen Corp., Ilika, Ion Storage Systems, Johnson Energy Storage Inc., LG Chem Ltd., Murata Manufacturing Co. Ltd., Poly Plus Battery Co., ProLogium Technology Co. Ltd., QuantumScape Corp, Robert Bosch GmbH, Samsung SDI Co. Ltd., STMicroelectronics International N.V., TDK Corp., and Toyota Motor Corp.. Also, the solid state battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.