United States Solid State Battery Market to grow at 64.3% during the Forecast 2024-2031, Led by Toyota, QuantumScape, and Samsung SDI | DataM Intelligence

The global Solid State Battery is growing at a CAGR of 64.3% during the forecast period 2024-2031, according to DataM Intelligence.

United States: Recent Industry Developments

✅ In October 2025, QuantumScape began volume production of its solid-state Battery for automotive customers, marking a major industry milestone.
✅ In October 2025, The US Department of Energy announced $2.8 billion in funding for solid-state battery manufacturing and research initiatives.
✅ In October 2025, Ford and BMW jointly invested $300 million in Solid Power to accelerate solid-state battery development for electric vehicles.

Japan: Recent Industry Developments

✅ In October 2025, Toyota announced the commercial launch of its first electric vehicle featuring all-solid-state Battery with 750 km range.
✅ In October 2025, Japan's Ministry of Economy, Trade and Industry allocated $1.5 billion for solid-state battery supply chain development.
✅ In October 2025, Panasonic established a new pilot production line for solid-state Battery at its Osaka facility.

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Market Trends & Drivers

The Solid State Battery Market is experiencing explosive growth driven by the global transition to electric vehicles, demand for safer energy storage, and technological breakthroughs in materials science. Key trends include the development of sulfide and oxide-based electrolytes, scaling up of manufacturing processes, and integration with next-generation electric vehicles. The superior energy density, enhanced safety characteristics, and faster charging capabilities compared to conventional lithium-ion Battery are significantly accelerating market adoption across multiple sectors.

Competitive Landscape

The market features intense competition among automotive giants, battery manufacturers, and technology startups.

Toyota Motor Corporation leads with extensive research and planned commercialization of solid-state Battery for electric vehicles.
QuantumScape Corporation pioneers sulfide-based solid-state battery technology with backing from Volkswagen and other strategic investors.
Samsung SDI Co., Ltd. advances solid-state battery development through its extensive R&D programs and manufacturing expertise.
LG Energy Solution Ltd. invests heavily in solid-state technology to maintain leadership in the evolving battery market.
Panasonic Holdings Corporation develops solid-state Battery leveraging its existing lithium-ion manufacturing capabilities.
Solid Power, Inc. focuses on sulfide-based solid-state Battery with partnerships with Ford and BMW.
CATL accelerates solid-state battery research to complement its lithium-ion dominance.
BYD Company Limited integrates solid-state battery development into its vertical electric vehicle manufacturing strategy.
Ilika plc specializes in miniature solid-state Battery for medical devices and IoT applications.
BrightVolt Solid State Battery develops solid-state polymer electrolytes for various industrial applications.

Segmentation

By Electrolyte Type (Polymer Electrolyte, Solid Ceramic Electrolyte, Others)
By Application (Consumer Electronics, Automotive (Hybrid & Electric), Medical Devices)
By Storage Capacity (Less than 20 mAh, 20-500 mAh, above 500 mAh)

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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