Market Overview:
The global lithium solid-state battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth 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 lithium solid-state battery is a type of rechargeable battery that uses solid-state electrolytes as opposed to liquid or polymer electrolytes. This makes them safer and less prone to fire hazards. They are also more efficient, allowing for faster charging and longer life spans.
Polymer-Based Lithium Solid-State Battery:
Polymer-based lithium solid-state battery is a next generation technology based on polymer electrolyte and solid state. It has the potential to improve the energy density of batteries by more than two times as compared to conventional batteries. The research & development for this technology was started in 2010, since then it has been under trials at various institutes around the world.
Lithium Solid-State Battery with Inorganic Solid Electrolytes:
Lithium-ion (Li-ion) solid-state batteries have higher energy density, better safety, and longer life cycle as compared to conventional lithium polymer or LiPo batteries. They also offer high charging and discharging efficiency. These advantages of Li-ion solid state battery over the traditional ones make it a suitable technology for applications such as electric vehicles (EV).
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growing use of lithium-ion batteries in portable devices such as smartphones, tablets, e-book readers and laptops is expected to drive the demand for SSSB over the coming years.
Electric vehicles are anticipated to be one of the fastest growing application segments during the forecast period owing to increasing R&D initiatives by various manufacturers towards developing cost-effective and high energy density SSSB for automotive applications. The introduction of new tax credits related toward electric vehicles is further estimated to boost product demand during this decade.
Aerospace was another key application segment where products were used extensively in aircraft power systems owing largely to their lightweight characteristics that make them ideal alternative compared with conventional lead acid batteries.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to increasing demand for consumer electronics and electric vehicles. The U.S. government has undertaken several initiatives such as tax benefits, research grants, and loan programs to support the development of solid-state batteries in the country which is anticipated to boost industry growth over the coming years.
Asia Pacific dominated the global market with a revenue share of around 60% in 2017 on account of rising product demand from key industries including automotive, energy storage & solar PV in countries such as China and Japan along with growing adoption by other end-use industries such as medical devices and aerospace & defense are some factors that are expected drive regional growth over next eight years.
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 lithium-ion batteries, which are used in electric vehicles.
- Development of next-generation battery technologies: Lithium solid-state batteries are considered as the next generation of battery technology and offer several advantages over traditional lithium-ion batteries, such as high energy density, low weight, and long cycle life. This is expected to drive the growth of the lithium solid-state battery market during the forecast period.
- Growing investments in renewable energy: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits and declining costs. This is leading to an increase in investments in these technologies, which is likely to boost the demand for lithium ion batteries used in renewable energy applications during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Solid-State Battery Market Research Report
By Type
Polymer-Based Lithium Solid-State Battery, Lithium Solid-State 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, Qing Tao Energy Development
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Solid-State Battery Market Report Segments:
The global Lithium Solid-State Battery market is segmented on the basis of:
Types
Polymer-Based Lithium Solid-State Battery, Lithium Solid-State 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
- Qing Tao Energy Development
Highlights of The Lithium Solid-State 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 Lithium Solid-State Battery
- Lithium Solid-State 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 Lithium Solid-State 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
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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 lithium-ion battery is a type of rechargeable battery that uses lithium ions to store energy. Lithium-ion batteries are often used in electronic devices, such as laptops and cell phones, because they have a high capacity and can be recharged quickly.
Some of the major companies in the lithium solid-state battery market are BMW, Hyundai, Dyson, Apple, CATL, BollorƒÂ©, Toyota, Panasonic, Jiawei, Bosch, Quantum Scape, Ilika, Excellatron Solid State, Cymbet, Solid Power, Mitsui Kinzoku, Samsung, ProLogium, Front Edge Technology, Qing Tao Energy Development.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Solid-State Battery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium Solid-State Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Solid-State Battery Market - Supply Chain
4.5. Global Lithium Solid-State Battery Market Forecast
4.5.1. Lithium Solid-State Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Solid-State Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Solid-State Battery Market Absolute $ Opportunity
5. Global Lithium Solid-State Battery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium Solid-State Battery Market Size and Volume Forecast by Type
5.3.1. Polymer-Based Lithium Solid-State Battery
5.3.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Solid-State Battery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium Solid-State Battery Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Electric Vehicle
6.3.3. Aerospace
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Solid-State Battery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium Solid-State Battery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium Solid-State Battery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium Solid-State Battery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium Solid-State Battery Demand Share Forecast, 2019-2026
9. North America Lithium Solid-State Battery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium Solid-State Battery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium Solid-State Battery Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Electric Vehicle
9.4.3. Aerospace
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Solid-State Battery Market Size and Volume Forecast by Type
9.7.1. Polymer-Based Lithium Solid-State Battery
9.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium Solid-State Battery Demand Share Forecast, 2019-2026
10. Latin America Lithium Solid-State Battery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium Solid-State Battery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium Solid-State Battery Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Electric Vehicle
10.4.3. Aerospace
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Solid-State Battery Market Size and Volume Forecast by Type
10.7.1. Polymer-Based Lithium Solid-State Battery
10.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium Solid-State Battery Demand Share Forecast, 2019-2026
11. Europe Lithium Solid-State Battery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium Solid-State Battery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium Solid-State Battery Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Electric Vehicle
11.4.3. Aerospace
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Solid-State Battery Market Size and Volume Forecast by Type
11.7.1. Polymer-Based Lithium Solid-State Battery
11.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium Solid-State Battery Demand Share, 2019-2026
12. Asia Pacific Lithium Solid-State Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium Solid-State Battery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium Solid-State Battery Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Electric Vehicle
12.4.3. Aerospace
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Solid-State Battery Market Size and Volume Forecast by Type
12.7.1. Polymer-Based Lithium Solid-State Battery
12.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium Solid-State Battery Demand Share, 2019-2026
13. Middle East & Africa Lithium Solid-State Battery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium Solid-State Battery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium Solid-State Battery Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Electric Vehicle
13.4.3. Aerospace
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Solid-State Battery Market Size and Volume Forecast by Type
13.7.1. Polymer-Based Lithium Solid-State Battery
13.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium Solid-State Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Solid-State Battery Market: Market Share Analysis
14.2. Lithium Solid-State Battery Distributors and Customers
14.3. Lithium Solid-State Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BMW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hyundai
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dyson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apple
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CATL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bolloré
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toyota
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiawei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bosch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Quantum Scape
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ilika
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Excellatron Solid State
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cymbet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Solid Power
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mitsui Kinzoku
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Samsung
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ProLogium
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Front Edge Technology
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Qing Tao Energy Development
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
