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Global Solid State Battery Market 2017-2021

Global Solid State Battery Market 2017-2021

About Solid State Battery

A solid-state battery is a category of battery that has both solid electrodes and electrolytes. These materials in the battery are very good ionic conductors, which is required for the efficient performance of the electrolyte and electrode. Solid state batteries eventually make the product long lasting and safer. The above advantages make them suitable for use in EVs and consumer electronics.

Technavio’s analysts forecast the global solid-state battery market to grow at a CAGR of 72.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global solid-state battery market for 2017-2021. To calculate the market size, the report considers the new shipments and exclude replacement/ aftermarket/services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Solid-State Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cymbet
  • Infinite Power Solutions
  • Sakti
  • Seeo
  • Solid Power
Other prominent vendors
  • Robert Bosch
  • Toyota Motor Corporation
  • Planar Energy
  • Excellatron
  • BrightVolt
  • STMicroelectronics
  • Front Edge Technology
Market driver
  • Improved consumer spending
  • For a full, detailed list, view our report
Market challenge
  • Competition from other battery technologies
  • For a full, detailed list, view our report
Market trend
  • Need for clean energy to mitigate climate change
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Solid-State Battery Market 2017-2021

Technavio recognizes the following companies as the key players in the global solid-state battery market 2017-2021: Cymbet, Infinite Power Solutions, Sakti, Seeo, and Solid Power.

Other Prominent Vendors in the market are: Robert Bosch, Toyota Motor Corporation, Planar Energy, Excellatron, BrightVolt, STMicroelectronics, and Front Edge Technology.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is need for clean energy to mitigate climate change. Great efforts are put across the world to reduce energy consumption by making facilities more efficient through energy management systems. In addition, the effort is directed to reduce the dependency on fossil fuel as it is one of the major contributors to emissions. Governments have turned their focus on reducing carbon emissions from power plants, which are the highest contributors to CO₂ and greenhouse gas emissions. The previous policies did not have separate regulations for power plants.”

According to the report, one of the major drivers for this market is improved consumer spending. Consumer spending is a significant economic factor since it usually matches with the overall consumer confidence in a nation’s economy. High consumer confidence indicators typically relate to higher levels of consumer spending in the economic market. Improving consumer spending will support sales of high-drain electronics, boosting the demand for solid state batteries.

Further, the report states that one of the major factors hindering the growth of this market is competition from other battery technologies. In recent months, focus toward secondary battery is increasing, especially in applications such as mobile phones, earphones, music players, and others. if we keep aside the consumer market, military and defense are the biggest sectors for primary batteries. However, during the last 10 years, the market has gradually switched from primary battery to secondary battery, owing to the better charge methods and more readily available power sources.



Companies Mentioned

Cymbet, Infinite Power Solutions, Sakti, Seeo, Solid Power, Robert Bosch, Toyota Motor Corporation, Planar Energy, Excellatron, BrightVolt, STMicroelectronics, and Front Edge Technology.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Next Generation battery market overview
        • Table Major types of next generation batteries by technology
        • Table Energy density and specific energy comparison of different batteries
    • Solid state battery overview
      • Table Traditional Li-ion battery working
      • Table Traditional Li-ion battery vs Li-ion solid state battery
  • Market landscape
    • Market overview
      • Table Global solid state battery market
    • Market size and forecast
      • Table Global solid state battery market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global solid state battery market by application
      • Table Global solid state battery market by application 2016-2021 (%)
      • Table Global solid state battery market by application 2016-2021 ($ millions)
    • Global solid state battery market by transportation
      • Table Global solid state battery market by transportation 2016-2021 ($ millions)
      • Table Demonstrated characteristics of batteries:
    • Global solid state battery market by grid storage
      • Table Global solid state battery market by grid storage 2016-2021 ($ millions)
    • Global solid state battery market by consumer electronics
      • Table Global solid state battery market by consumer electronics 2016-2021 ($ millions)
  • Geographical segmentation
    • Global solid state battery market by geography
      • Table Global solid state battery market by geography 2016-2021 (%)
      • Table Global solid state battery market by geography 2016-2021 ($ millions)
    • Solid state battery market in Americas
      • Table Solid state battery market in Americas 2016-2021 ($ millions)
      • Table EV Everywhere Grand Challenge Blueprint program
    • Solid state battery market in EMEA
      • Table Solid state battery market in EMEA 2016-2021 ($ millions)
    • Solid state battery market in APAC
      • Table Solid state battery market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Global crude oil price volatility over last decade 2007-2016 ($/bbl)
  • Market trends
    • Need for clean energy to mitigate climate change
      • Table Energy source and their emissions
    • Rising number of vendors and collaborations
    • Advances in solid state batteries
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Cymbet
      • Table Cymbet: Key product offerings
    • Infinite Power Solutions
      • Table Infinite Power Solutions: Key product offerings
    • Sakti
      • Table Sakti: Key product offerings
    • Seeo
      • Table Seeo: Business segmentation
      • Table Seeo: Key products
    • Solid Power
      • Table Solid Power: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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