Market Overview:
The global solid state thin film batteries 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 advancements in technology. Solid state lithium batteries are expected to dominate the global solid state thin film batteries market, owing to their high capacity and low weight. These batteries are also non-flammable and have a longer life than traditional lithium ion batteries. Large capacity polymer solid state lithium battery is also anticipated to witness significant growth during the forecast period, as these offer high power density and improved safety features as compared with traditional Li-ion cells.
Product Definition:
A solid state thin film battery is a battery that is composed of thin films of solid electrolytes. These batteries are important because they have the potential to be safer and more efficient than traditional batteries.
Solid State Lithium Battery:
Solid State Lithium Battery, also known as Solid State Li-Ion (SLLB), is a type of rechargeable battery which uses solid lithium ions in place of liquid electrolyte. It has no liquid to conduct electricity and hence the internal resistance is very low. This makes SLLB batteries highly efficient as they can provide higher power densities with less weight and volume.
Large Capacity Polymer Solid State Lithium Battery:
Large Capacity Polymer Solid State Lithium Battery (LCPSLB) is a new type of solid state battery that uses polymer as an electrolyte and utilizes lithium ions to provide the energy. The key difference between this battery and other batteries is that this one has no liquid, instead it has a solid state electrolyte.
Application Insights:
The electric car segment dominated the global solid state thin film batteries market in terms of revenue share in 2017. The increasing production of electric vehicles (EV) in various countries such as China, the U.S., and Japan is expected to be a major factor driving the demand for SSTFB over the forecast period.
Aerospace was another prominent application sector where SSTFB accounted for a significant volume share on account of growing aviation industry across regions coupled with rising R&D activities focused on developing advanced aircraft systems is expected to drive growth over next eight years. In addition, factors such as government initiatives aimed at reducing carbon emissions from aircraft are likely to further boost product demand from aerospace applications over coming years.
Electronics segment accounted for less than 10% market share owing to low energy density.
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 electric vehicles, rising disposable income of consumers and rapid development in the electronics industry. In addition, supportive government policies are anticipated to drive industry expansion over the coming years.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high product demand from countries such as Japan and South Korea. Rising investments by major players in developing large capacity solid state lithium batteries is also expected to drive regional growth over the next eight years or so.
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 demand for solid state thin film batteries as they are ideal for use in electric vehicles.
- Rising demand from the consumer electronics sector: The consumer electronics sector is one of the key drivers of growth for the solid state thin film batteries market. With advancements in technology, there is an increasing demand for portable and lightweight devices that can be powered by these batteries.
- Growing investment in renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits and cost-effectiveness. This is leading to increased investment in these technologies, which will drive growth of the solid state thin film battery market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid State Thin Film Batteries Market Research Report
By Type
Solid State Lithium Battery, Large Capacity Polymer Solid State Lithium Battery, Large Capacity Inorganic Solid State Lithium Battery
By Application
Electric Car, Aerospace, Electronics
By Companies
Cymbet Corporation, Infinite, Toyota, STMicroelectronics, Prologium, Cymbet Corporation
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Solid State Thin Film Batteries Market Report Segments:
The global Solid State Thin Film Batteries market is segmented on the basis of:
Types
Solid State Lithium Battery, Large Capacity Polymer Solid State Lithium Battery, Large Capacity Inorganic Solid State Lithium Battery
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
Electric Car, Aerospace, Electronics
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:
- Cymbet Corporation
- Infinite
- Toyota
- STMicroelectronics
- Prologium
- Cymbet Corporation
Highlights of The Solid State Thin Film Batteries 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:
- Solid State Lithium Battery
- Large Capacity Polymer Solid State Lithium Battery
- Large Capacity Inorganic Solid State Lithium Battery
- By Application:
- Electric Car
- Aerospace
- Electronics
- 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 Thin Film Batteries 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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- Channel & Customer 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?
Solid State Thin Film Batteries are a new type of battery that uses a thin film of lithium-ion or other metal oxide material to store energy. This makes the battery much thinner and lighter than traditional batteries, which can make it more efficient and faster to charge.
Some of the key players operating in the solid state thin film batteries market are Cymbet Corporation, Infinite, Toyota, STMicroelectronics, Prologium, Cymbet Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solid State Thin Film Batteries 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 Thin Film Batteries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solid State Thin Film Batteries 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 Thin Film Batteries 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 Thin Film Batteries Market Size & Forecast, 2020-2028
4.5.1 Solid State Thin Film Batteries Market Size and Y-o-Y Growth
4.5.2 Solid State Thin Film Batteries Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Solid State Lithium Battery
5.2.2 Large Capacity Polymer Solid State Lithium Battery
5.2.3 Large Capacity Inorganic Solid State Lithium Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Electric Car
6.2.2 Aerospace
6.2.3 Electronics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid State Thin Film Batteries 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 Thin Film Batteries 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Solid State Lithium Battery
9.6.2 Large Capacity Polymer Solid State Lithium Battery
9.6.3 Large Capacity Inorganic Solid State Lithium Battery
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 Market Size Forecast by Applications
9.10.1 Electric Car
9.10.2 Aerospace
9.10.3 Electronics
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Solid State Lithium Battery
10.6.2 Large Capacity Polymer Solid State Lithium Battery
10.6.3 Large Capacity Inorganic Solid State Lithium Battery
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 Market Size Forecast by Applications
10.10.1 Electric Car
10.10.2 Aerospace
10.10.3 Electronics
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Solid State Lithium Battery
11.6.2 Large Capacity Polymer Solid State Lithium Battery
11.6.3 Large Capacity Inorganic Solid State Lithium Battery
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 Market Size Forecast by Applications
11.10.1 Electric Car
11.10.2 Aerospace
11.10.3 Electronics
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Solid State Lithium Battery
12.6.2 Large Capacity Polymer Solid State Lithium Battery
12.6.3 Large Capacity Inorganic Solid State Lithium Battery
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 Market Size Forecast by Applications
12.10.1 Electric Car
12.10.2 Aerospace
12.10.3 Electronics
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Solid State Lithium Battery
13.6.2 Large Capacity Polymer Solid State Lithium Battery
13.6.3 Large Capacity Inorganic Solid State Lithium Battery
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) Market Size Forecast by Applications
13.10.1 Electric Car
13.10.2 Aerospace
13.10.3 Electronics
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 Thin Film Batteries Market: Competitive Dashboard
14.2 Global Solid State Thin Film Batteries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cymbet Corporation
14.3.2 Infinite
14.3.3 Toyota
14.3.4 STMicroelectronics
14.3.5 Prologium
14.3.6 Cymbet Corporation
