Solid State Battery Market is Going To Boom | Sakti3, BrightVolt, Robert Bosch

HTF MI recently introduced Global Solid State Battery Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2031). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.

Major companies in Solid State Battery Market are: Cymbet Corporation (United States), Robert Bosch GmbH (Germany), STMicroelectronics N.V. (Switzerland), Toyota Motor Corporation (Japan), Sakti3 Inc. (United States), BrightVolt, Inc. (United States), Excellatron Solid State, LLC (United States), Infinite Power Solution, Inc. (United States), Planar Energy Devices, Inc. (United States), Solid Power, Inc. (United States).

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According to HTF Market Intelligence, the global Solid State Battery Market size was valued at USD 2.9 billion in 2024 and is estimated to reach revenue of USD 12.1 billion by 2031, with a CAGR of 19.3% from 2025 to 2031.

The Solid State Battery Market is Segmented by Application (Consumer Electronics, Automotive, Industrial, Others) by Type (Thin-Film Batteries, Portable Batteries, Other Batteries) by Capacity (Less than 20mAh, 21mAh to 500mAh, Above 500mAh)

Definition:
Solid state batteries (SSBs) are advanced energy storage devices that use a solid electrolyte instead of the liquid or gel electrolytes found in traditional lithium-ion batteries. These batteries offer higher energy density, improved safety, longer cycle life, and compactness. Due to the absence of flammable liquid components, they are less prone to thermal runaway or explosions. SSBs are gaining traction in electric vehicles (EVs), consumer electronics, and grid storage. Though still under development for commercial scalability, solid-state technology is considered the next-generation solution to meet increasing demands for safe and efficient energy storage.

Market Trends:
Strategic collaborations among automakers and battery developers, acceleration in prototype testing by companies like Toyota and QuantumScape, increased focus on lithium-metal anodes for higher performance, emergence of ceramic and sulfide electrolytes, and government incentives for green energy and EV infrastructure are driving market trends.

Market Drivers
Rising demand for safer and energy-dense batteries in EVs, increasing government investments in battery technology R&D, growing concerns over battery fires in traditional Li-ion systems, ongoing advancements in solid electrolyte materials, and the surge in consumer electronics requiring compact and longer-lasting batteries are boosting the solid-state battery market.

Market Opportunities:
Broad applications in aerospace and defense, potential for grid-scale renewable energy storage, growing investments from EV manufacturers for pilot production lines, public-private partnerships for technology incubation, and breakthrough innovations in solid-state chemistry open wide-ranging commercial opportunities in the coming decade.

Market Challenges:
High manufacturing costs due to advanced materials, scalability challenges in mass production, technical hurdles in electrolyte/electrode interface stability, slow commercialization timelines, and limited supply chain infrastructure for solid electrolytes and rare metals are some of the significant hurdles.

Dominating Region:
North America

Fastest-Growing Region:
Asia-Pacific

Market Leaders & Development Strategies:
In October 2024, Schaeffler Group announced the completion of its merger with Vitesco Technologies, marking a significant advancement in the solid-state battery sector. This strategic consolidation aims to enhance Schaeffler's capabilities in electric mobility, particularly in battery technology and management systems. The merger enables Schaeffler to expand its product portfolio, including the demonstration of new all-solid-state battery (ASSB) cells and battery module packs. These advancements are part of Schaeffler's broader initiative to innovate in electric vehicle components, such as electric axles and chassis systems. The integration of Vitesco's expertise is expected to bolster Schaeffler's position in the evolving EV market, focusing on efficiency, sustainability, and advanced battery solutions.

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Solid State Battery market segments by Types: Thin-Film Batteries, Portable Batteries, Other Batteries
Detailed analysis of Solid State Battery market segments by Applications: Consumer Electronics, Automotive, Industrial, Others

Global Solid State Battery Market -Regional Analysis
• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc) & Rest
• Oceania: Australia & New Zealand

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Solid State Battery Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Solid State Battery Market:
Chapter 01 - Solid State Battery Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Solid State Battery Market - Pricing Analysis
Chapter 05 - Global Solid State Battery Market Background or History
Chapter 06 - Global Solid State Battery Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Solid State Battery Market
Chapter 08 - Global Solid State Battery Market Structure & worth Analysis
Chapter 09 - Global Solid State Battery Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Solid State Battery Market Research Method

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

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