Solid state batteries are the batteries which are particularly lightweight and long-lasting, owing to their being designed with electrode and electrolyte materials. The bulky, flammable, liquid-core rechargeable lithium-ion (Li-Ion) batteries of today will be made obsolete by solid-state batteries. Solid Batteries are becoming increasingly relevant with the adoption of electric vehicles (EVs) and the unending growth in usage of portable electronic devices.
The key reasons driving the growth of the All-Solid-State Battery market includes the rising demand for the electric vehicles, increasing trend of electronic devices. Potential growth in electric vehicles is one of the key growth opportunity drivers for this market. Solid state batteries are safer than liquid state batteries and have a higher performance efficiency. However high cost associated with solid state batteries as compared to traditional batteries and inefficient performance in low temperatures are some of the restraints in the market. Major manufacturing companies are working towards large scale commercialization of solid state batteries, which will further boost the market in the coming years.
The "Global Solid State Battery Market Analysis to 2027" is a specialized and in-depth study of the solid state battery industry with a focus on the global market trend. The report aims to provide an overview of global solid state battery market with detailed market segmentation by types, capacity, application and geography. The global solid state battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global solid state battery market based on types, capacity and application. It also provides market size and forecast till 2027 for overall solid state battery market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key solid state battery market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Toyota Motors, Sakti, Robert Bosch GmbH, Planner Energy, Johnson Battery Technologies, Polyplus Battery Companies, Solid Energy, Solid Power, Kalptree and Brightvolt.