Solid State Battery Market
According to a new report published by Allied Market Research, titled, "Solid State Battery Market by Type, Capacity and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," the global solid-state battery market was valued at $53 million in 2017 and is projected to reach $1,407.69 million by 2025, growing at a CAGR of 49% from 2018 to 2025. An increase in the application of solid-state batteries in the healthcare, wearable, and drone sectors boosts the growth of the solid-state battery market. Moreover, the rise in the need for solid state batteries in electric vehicles also contributes toward the growth of the global market. However, the complex manufacturing process and high cost of solid-state batteries restrain the market growth. Conversely, an increase in investment in the market, by industry giants such as Samsung and Hyundai are anticipated to offer future growth opportunities for the market.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/498
The global solid state battery market is segmented based on type, capacity, application, and region. Based on type, the market is bifurcated into a thin film and portable batteries. In 2017, the portable battery segment led the market owing to the growth in demand for tablets, laptops, smartphones, and e-reader or MP3 players, which subsequently increases the demand for solid state batteries in portable electronics. The thin-film battery segment is expected to grow with the highest CAGR during the forecast period.
By capacity, the market is divided into less than 20 mAh, between 20 mAh & 500 mAh, and 500 mAh & above capacity batteries. Based on capacity, the 500 mAh and above segment is the most lucrative segment in the market. Depending on the application, it is fragmented into consumer & portable electronics, electric vehicles, energy harvesting, wearable & medical devices, and others. The electric vehicle segment is expected to grow with the highest CAGR as many major players such as Toyota, Volkswagen, Hyundai, and BMW in the industry are developing solid state batteries for electric vehicle application.
For Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/498
Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounts for a major share in the global solid state battery market due to an increase in demand for batteries from packaging, smart cards, and electric vehicle sectors.
Key Findings of the Solid-state Battery Market:
- In 2017, based on application, the consumer and portable electronics segment accounted for a three-seventh share in the application segment of the global solid state battery market.
- Based on application, the electric vehicle segment is anticipated to grow at the highest CAGR during the forecast period.
- In 2017, based on type, the portable battery segment nearly occupied a six-seventh share.
- In 2017, based on region, North America accounted for one-third share of the global market.
The major key players operating in the global solid-state battery market include Cymbet Corporation, Seeo Inc. (Robert Bosch GMBH subsidiary), StmicroElectronics N.V., Toyota Motor Corporation, Sakti3 Inc. (Dyson Ltd subsidiary), and Brightvolt, Inc. The other key players include Excellatron Solid State, LLC, Infinite Power Solution, Inc., Planar Energy Devices, Inc., QuantumEscape, Altairnano, and Solid Power, Inc.
Get detailed COVID-19 impact analysis on the Aviation Fuel Market @
https://www.alliedmarketresearch.com/request-for-customization/498?reqfor=covid
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
Web: https://www.alliedmarketresearch.com