Global Lithium Solid-State Battery Market Growth 2023-2029

Global Lithium Solid-State Battery Market Growth 2023-2029

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, Lithium 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. Lithium 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 Lithium Solid-State Battery, no organic liquid electrolyte, electrolyte salt, separator, or binder is required, which dramatically simplifies the assembly process. The operational principle of Lithium 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.
LPI (LP Information)' newest research report, the “Lithium Solid-State Battery Industry Forecast” looks at past sales and reviews total world Lithium Solid-State Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithium Solid-State Battery sales for 2023 through 2029. With Lithium Solid-State Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Solid-State Battery industry.
This Insight Report provides a comprehensive analysis of the global Lithium Solid-State Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium Solid-State Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lithium Solid-State Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Solid-State Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium Solid-State Battery.
The global Lithium Solid-State Battery market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Global Lithium Solid-State Battery key players include BMW, Hyundai, Dyson, Apple, CATL, etc. China, US, Japan and EU is the largest market, each with a share about 20%, followed by South Korea, with a share about 15 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Solid-State Battery market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polymer-Based Lithium Solid-State Battery
Lithium Solid-State Battery with Inorganic Solid Electrolytes
Segmentation by application
Consumer Electronics
Electric Vehicle
Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Qing Tao Energy Development
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithium Solid-State Battery market?
What factors are driving Lithium Solid-State Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithium Solid-State Battery market opportunities vary by end market size?
How does Lithium Solid-State Battery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.