Press release
United States Next Generation Advanced Batteries Market 2032| Growth Drivers, Key Players & Investment Opportunities
Next Generation Advanced Batteries Market
Global Next Generation Advanced Batteries Market reached US$1.95 billion in 2024 and is expected to reach US$3.41 billion by 2032, growing with a CAGR of 7.24% during the forecast period 2025-2032, according to DataM intelligence research.
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Key Development:
United States: Recent Next‐Generation Battery Developments
✅ In January 2026, ProLogium signed a strategic collaboration MoU with Buima Energy, JMS, and GWA to jointly develop and advance next‐generation solid‐state battery systems for energy storage walls and electric cargo bikes, showcasing innovations at CES 2026 with plans toward industrial supply partnerships by 2028.
✅ In January 2026, the U.S. Department of Energy selected 11 projects for funding to advance domestic manufacturing of next‐generation batteries, investing $25 million to enhance scalable production platforms and strengthen U.S. battery innovation infrastructure.
✅ In December 2025, battery innovator ProLogium unveiled its fourth‐generation superfluid all‐inorganic solid‐state battery technology targeting EVs, robotics, and energy storage systems, with mass production plans from its Taoyuan facility in Taiwan advancing global next‐gen battery progress.
✅ In December 2025, Amprius Technologies expanded its Korea Battery Alliance by adding three new contract manufacturers, strengthening global silicon‐anode battery production and compliant supply chains for defense and aerospace segments.
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Japan: Recent Next‐Generation Battery Developments
✅ In January 2026, the 2026 Edition of All‐Solid‐State Battery White Paper was released, outlining rapid advances in solid‐state battery technologies and commercial roadmaps for global players including Toyota and QuantumScape, signaling industry‐wide strategic momentum in Japan's battery R&D planning.
✅ In October 2025, Honda Motor Co. showcased next‐generation electrified technologies for forthcoming models emphasizing advanced batteries and EV tech developments slated for the latter half of the decade that align with Japan's electrification and storage goals.
✅ In October 2025, SoftBank's high‐energy density battery pack and solar cell R&D project was adopted by Japan's NEDO as part of a four‐year advanced technology program, bolstering next‐generation battery and high‐altitude power solutions.
✅ In October-December 2025, multiple solid‐state battery industry analyses highlighted growing technological maturity and adoption trends in Japan, with solid‐state cells moving from hype to real deployment environments across automotive and energy storage applications.
Key Players:
=> Pathion Holding Inc., GS Yuasa Corporation, Johnson Matthey PLC, PolyPlus Battery Co. Inc., Ilika PLC, Sion Power Corporation, LG Chem Ltd, Saft Groupe SA, BYD Company Ltd.
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Key Segments:
By Technology
Solid Electrolyte Battery - ~30% share
Leading next-generation battery technology with enhanced safety and energy density; strong adoption in electric vehicles (EVs) and portable devices.
Magnesium Ion Battery - ~15% share
Emerging technology with high potential for cost-effective energy storage; applications in renewable energy and industrial storage are growing.
Next-generation Flow Battery - ~10% share
Primarily used for large-scale renewable energy storage; valued for scalability and long cycle life.
Metal-Air Battery - ~10% share
High energy density batteries suitable for military, defense, and EV applications; adoption increasing with research investments.
Lithium-Sulfur Battery - ~25% share
Promising technology with high energy-to-weight ratio; adoption accelerating in aerospace, EVs, and portable electronics.
Other - ~10% share
Includes emerging chemistries such as sodium-ion, dual-ion, and hybrid batteries for niche applications.
By Application
Portable Devices - ~20% share
Includes consumer electronics such as smartphones, laptops, and wearable devices; growth driven by demand for higher battery life.
Electric Vehicles (EVs) - ~35% share
Largest application segment; increasing adoption of EVs globally driving demand for solid electrolyte and lithium-sulfur batteries.
Renewable Energy Storage - ~20% share
Flow batteries and magnesium-ion batteries are being adopted for grid-level energy storage and solar/wind energy integration.
Military & Defense - ~10% share
Metal-air and lithium-sulfur batteries are preferred for high-energy applications in defense and aerospace sectors.
Aerospace - ~10% share
Lightweight, high-energy batteries like lithium-sulfur are increasingly used in satellite systems and aviation.
Others - ~5% share
Niche applications include underwater vehicles, robotics, and specialized industrial systems.
By End-User
Consumer Electronics - ~25% share
High demand for reliable, compact, and long-lasting batteries; driving adoption of solid electrolyte and lithium-sulfur batteries.
Transportation - ~35% share
Includes EVs, electric buses, and other battery-powered transport; solid electrolyte and lithium-sulfur dominate.
Industrial Energy Storage - ~25% share
Includes grid-level and factory-level energy storage; flow batteries and magnesium-ion batteries gaining traction.
Other - ~15% share
Applications in defense, aerospace, robotics, and specialized industries.
By Region
North America - ~35% share
Dominated by EV adoption, advanced R&D, and renewable energy projects; strong growth for solid electrolyte and lithium-sulfur batteries.
Europe - ~25% share
EV and renewable energy storage initiatives drive market growth; government incentives supporting advanced battery deployment.
Asia Pacific - ~30% share
Largest battery manufacturing hub; strong demand from EVs, consumer electronics, and industrial storage; significant growth for solid electrolyte and lithium-sulfur batteries.
Latin America - ~5% share
Emerging market; growth driven by renewable energy storage projects and EV adoption.
Middle East & Africa - ~5% share
Nascent market with potential growth from industrial energy storage and renewable energy integration projects.
FAQ
What is the current size of the Next Generation Advanced Batteries Market?
A: In 2024, the Next Generation Advanced Batteries Market was valued at US$1.95 billion, reflecting its strong industry presence.
Q2: How large is the Next Generation Advanced Batteries Market expected to be by 2032?
A: By 2032, industry forecasts suggest the Next Generation Advanced Batteries Market will grow to around US$3.41 billion , demonstrating significant expansion.
Q3: What is the growth rate of the Next Generation Advanced Batteries Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.24% during the forecast period from 2025 to 2032.
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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