Market Overview:
The global solid-state lithium battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and consumer electronics. Additionally, the growing demand for energy storage systems is also contributing to the growth of this market. Some of the major players operating in this market are Samsung SDI Co., Ltd., Panasonic Corporation, LG Chem Ltd., and Sony Corporation among others.
Product Definition:
A solid-state lithium battery is a type of rechargeable battery that uses a solid electrolyte instead of the liquid electrolytes found in traditional lithium ion batteries. This makes them more stable and less likely to catch fire, making them ideal for use in applications where safety is a concern, such as aircraft and spacecraft.
Polymer-Based Solid-State Lithium Battery:
Polymer-based solid-state lithium battery is a rechargeable battery that uses polymer electrolyte in place of conventional liquid electrolyte. Polymer electrolytes have the ability to conduct ions and therefore can be used as a substitute for liquid electrolytes. Solid polymer based batteries are made by mixing powdered polymers with an appropriate solvent, which is then put into an open container and exposed to air so that the mixture can absorb ions from the atmosphere.
Solid-State Lithium Battery with Inorganic Solid Electrolytes:
A Solid-state lithium battery with inorganic solid electrolytes and it's usage in the Solid-state lithium battery market is a new type of rechargeable batteries that uses solid electrolyte instead of liquid one. These are very stable and durable, as well as safe to handle compared to conventional ones. They have higher energy density, less self-discharge rate, no hazardous emissions during charging or discharging process and can be recycled easily.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing use of solid-state lithium batteries in portable devices including smartphones, tablets, e-readers and cameras. Furthermore, rising demand for high power density batteries from various electronic products such as laptops, desktops and gaming consoles is expected to drive the segment further.
The electric vehicle application segment was one of the key contributors towards market growth in 2016 owing to increased production of EVs worldwide coupled with growing government initiatives regarding reduction of carbon emissions from vehicles. Increasing production targets set by automakers such as Tesla Inc., Fisker Automotive Inc., BMW AG are also expected to contribute towards industry expansion over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for consumer electronics and electric vehicles in China, India, South Korea, Japan and Australia. In addition, rising disposable income of consumers in developing countries including China and India will boost industry expansion.
The European region accounted for a significant share of global revenue in 2017 owing to growing product demand from major application sectors such as aerospace & defense and energy storage sector. Increasing R&D activities by various organizations are also expected to drive industry growth over the next eight years. For instance, UPM Rafinerie Oyj has been engaged in research on solid-state batteries since 2010 with an aim toward commercialization around 2020s at high volume using its expertise on current Li-ion battery technology (UPM Solid State Technology).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for solid-state lithium batteries, as they are ideal for use in these vehicles.
- Development of next-generation technologies: Solid-state lithium batteries are currently being developed as next-generation technologies that offer several advantages over traditional Li-ion batteries. These advantages include high energy density, longer life cycle, and faster charging time.
- Growing investment in R&D: A large number of companies are investing heavily in R&D to develop better and more efficient solid-state lithium batteries. This is likely to result in increased competition and innovation within the market, which will benefit consumers through lower prices and better products/services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid-State Lithium Battery Market Research Report
By Type
Polymer-Based Solid-State Lithium Battery, Solid-State Lithium Battery with Inorganic Solid Electrolytes
By Application
Consumer Electronics, Electric Vehicle, Aerospace, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Solid-State Lithium Battery Market Report Segments:
The global Solid-State Lithium Battery market is segmented on the basis of:
Types
Polymer-Based Solid-State Lithium Battery, Solid-State Lithium Battery with Inorganic Solid Electrolytes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Electric Vehicle, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Solid-State Lithium Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polymer-Based Solid-State Lithium Battery
- Solid-State Lithium Battery with Inorganic Solid Electrolytes
- By Application:
- Consumer Electronics
- Electric Vehicle
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solid-State Lithium Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A solid-state lithium battery is a type of rechargeable battery that uses a solid material as the anode and cathode. This makes the battery more durable and less likely to catch on fire, since there is no flammable liquid or gas inside.
Some of the key players operating in the solid-state lithium battery market are 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solid-State Lithium Battery Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Solid-State Lithium Battery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Solid-State Lithium Battery Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Solid-State Lithium Battery Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Solid-State Lithium Battery Market Size & Forecast, 2018-2028 4.5.1 Solid-State Lithium Battery Market Size and Y-o-Y Growth 4.5.2 Solid-State Lithium Battery Market Absolute $ Opportunity
Chapter 5 Global Solid-State Lithium Battery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Solid-State Lithium Battery Market Size Forecast by Type
5.2.1 Polymer-Based Solid-State Lithium Battery
5.2.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solid-State Lithium Battery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Solid-State Lithium Battery Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Electric Vehicle
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid-State Lithium Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solid-State Lithium Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Solid-State Lithium Battery Analysis and Forecast
9.1 Introduction
9.2 North America Solid-State Lithium Battery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Solid-State Lithium Battery Market Size Forecast by Type
9.6.1 Polymer-Based Solid-State Lithium Battery
9.6.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Solid-State Lithium Battery Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Electric Vehicle
9.10.3 Aerospace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Solid-State Lithium Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Solid-State Lithium Battery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Solid-State Lithium Battery Market Size Forecast by Type
10.6.1 Polymer-Based Solid-State Lithium Battery
10.6.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Solid-State Lithium Battery Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Electric Vehicle
10.10.3 Aerospace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Solid-State Lithium Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solid-State Lithium Battery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Solid-State Lithium Battery Market Size Forecast by Type
11.6.1 Polymer-Based Solid-State Lithium Battery
11.6.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Solid-State Lithium Battery Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Electric Vehicle
11.10.3 Aerospace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Solid-State Lithium Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Solid-State Lithium Battery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Solid-State Lithium Battery Market Size Forecast by Type
12.6.1 Polymer-Based Solid-State Lithium Battery
12.6.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Solid-State Lithium Battery Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Electric Vehicle
12.10.3 Aerospace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Solid-State Lithium Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solid-State Lithium Battery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Solid-State Lithium Battery Market Size Forecast by Type
13.6.1 Polymer-Based Solid-State Lithium Battery
13.6.2 Solid-State Lithium Battery with Inorganic Solid Electrolytes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Solid-State Lithium Battery Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Electric Vehicle
13.10.3 Aerospace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solid-State Lithium Battery Market: Competitive Dashboard
14.2 Global Solid-State Lithium Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BMW
14.3.2 Hyundai
14.3.3 Dyson
14.3.4 Apple
14.3.5 CATL
14.3.6 Bolloré
14.3.7 Toyota
14.3.8 Panasonic
14.3.9 Jiawei
14.3.10 Bosch
14.3.11 Quantum Scape
14.3.12 Ilika
14.3.13 Excellatron Solid State
14.3.14 Cymbet
14.3.15 Solid Power
14.3.16 Mitsui Kinzoku
14.3.17 Samsung
14.3.18 ProLogium
14.3.19 Front Edge Technology