Press release
Global Solid State Battery Market: Top Leading Player, Emerging Trends, Region By Forecast To 2027
Global Solid State Battery MarketSolid state batteries defined as the emerging trend for next generation traction batteries, as they provide high performance, and safety at low cost. These batteries serve to be a potential alternative to conventional lithium-ion batteries that use liquid or polymer electrolytes. Solid state batteries are more efficient and they can store more energy than conventional batteries.
Growing demand for solid-state batteries among end-use industries along with the increase in research and development activities focused on commercializing the battery cost are expected to boost the global solid state battery market growth. Furthermore, the rise in adoption of electronic gadgets and the increase in deployment of electric vehicles will positively influence the market growth over the forecast period. These batteries provide higher energy density, high electrochemical stability, and low flammability when compared to conventional batteries, thereby enhancing their commercial market value. Also, the rise in use of solid state batteries in healthcare, wearable, and drones sectors expected to propel the global solid state battery market growth. In addition to that, the rise in investment in the market, by key operating players such as Samsung is expected to offer future growth opportunities for the market.
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The high cost of solid state batteries is the major restraint is expected to hinder the global solid state battery market growth. Also, the complicated manufacturing process of solid state batteries will limit the global solid state battery market growth.
Market Key Players
Various key players are discussed in this report such as Robert Bosch GmbH, Solvay, Samsung SDI Co. Ltd, Cymbet, TOYOTA MOTOR, BRIGHTVOLT, EXCELLATRON SOLID STATE, BLUE SOLUTIONS, SOLID POWER, QUANTUMSCAPE, PROLOGIUM TECHNOLOGY, and KERACEL
Market Taxonomy
By Type
• Thin-Film
• Portable
By Capacity
• Less than 20mAh
• Between 20mAh and 500mAh
By Application
• Consumer & Portable Electronics
• Electric Vehicle
• Energy Harvesting
• Wearable Medical Devices
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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About Us
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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