Product Code: A31607
Solid state battery is a technology, which utilizes solid electrodes and solid electrolytes as an alternative to liquid or polymer electrolytes found in lithium-ion or lithium-polymer batteries. This technology serves as one of the leading alternatives of conventional lithium-ion battery technology. Solid electrolytes typically act as separators, enabling downscaling by eliminating some components such as separators and housings. Solid state batteries are lighter, more flexible, and potentially capable of containing more energy per unit of weight than traditional lithium-ion batteries. Such benefits offered by solid state batteries drive adoption of solid state batteries in electric vehicles. Furthermore, the rising advancement in battery technology encourage the development of solid state batteries. Thus, automakers collaborate with battery technology manufacturers to incorporate solid state battery in electric vehicles. For instance, in July 2022, BMW announced its plans to collaborate with South Korean suppliers in the production of solid-state batteries.
Electric vehicle battery offers a green power supply to propel commercial and passenger vehicles. The electric vehicle battery is a rechargeable power pack and eliminates the need for combustion engines for powering the vehicle. Electric vehicle batteries can be utilized as both primary and secondary power sources in an automobile depending upon the type of vehicle. The alarming levels of pollution and increase in concerns for climate change are the factors driving the growth of the electric vehicle battery. The evolution of advanced battery technologies has increased the driving range and decreased the required time to charge a vehicle, which is expected fuel the adoption of electric vehicle solid state batteries market.
The electric vehicle solid state battery market is segmented on the basis of vehicle type, propulsion type, and battery energy density, and region. Based on vehicle type, it is segmented into passenger car, and commercial vehicle. On the basis of propulsion type, it is classified into battery electric vehicle and hybrid electric vehicle. By battery energy density, it is categorized into 450 Wh/kg, and more than 450 Wh/kg. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include Cymbet, Contemporary Amperex Technology Co., Limited (CATL), Ilika, LG Chem, Northvolt AB, Panasonic Corporation, QuantumScape Corporation, Samsung SDI Co., Ltd., Solid Power, STMicroelectronics, Toyota Motor Corporation, and TDK Corporation
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric vehicle solid state battery market analysis from 2025 to 2035 to identify the prevailing electric vehicle solid state battery market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the electric vehicle solid state battery market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global electric vehicle solid state battery market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Vehicle Type
- Passenger Car
- Commercial Vehicle
By Propulsion Type
- Battery Electric Vehicle
- Hybrid Electric Vehicle
By Battery Energy Density
- Less than 450 Wh/kg
- More than 450 Wh/kg
By Region
- North America
- Europe
- Germany
- France
- Netherlands
- Norway
- UK
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Cymbet
- Ilika
- LG Chem
- Northvolt AB
- Panasonic Corporation
- QuantumScape Corporation
- Samsung SDI Co., Ltd.
- Solid Power
- TOYOTA MOTOR CORPORATION
- TDK Corporation
- st microelectronics
- Contemporary Amperex Technology Co., Limited
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: ELECTRIC VEHICLE SOLID STATE BATTERY MARKET, BY VEHICLE TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Passenger Car
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Commercial Vehicle
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
CHAPTER 5: ELECTRIC VEHICLE SOLID STATE BATTERY MARKET, BY PROPULSION TYPE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Battery Electric Vehicle
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Hybrid Electric Vehicle
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
CHAPTER 6: ELECTRIC VEHICLE SOLID STATE BATTERY MARKET, BY BATTERY ENERGY DENSITY
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Less than 450 Wh/kg
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 More than 450 Wh/kg
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
CHAPTER 7: ELECTRIC VEHICLE SOLID STATE BATTERY MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Vehicle Type
- 7.2.3 North America Market size and forecast, by Propulsion Type
- 7.2.4 North America Market size and forecast, by Battery Energy Density
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Key market trends, growth factors and opportunities
- 7.2.5.1.2 Market size and forecast, by Vehicle Type
- 7.2.5.1.3 Market size and forecast, by Propulsion Type
- 7.2.5.1.4 Market size and forecast, by Battery Energy Density
- 7.2.5.2 Canada
- 7.2.5.2.1 Key market trends, growth factors and opportunities
- 7.2.5.2.2 Market size and forecast, by Vehicle Type
- 7.2.5.2.3 Market size and forecast, by Propulsion Type
- 7.2.5.2.4 Market size and forecast, by Battery Energy Density
- 7.2.5.3 Mexico
- 7.2.5.3.1 Key market trends, growth factors and opportunities
- 7.2.5.3.2 Market size and forecast, by Vehicle Type
- 7.2.5.3.3 Market size and forecast, by Propulsion Type
- 7.2.5.3.4 Market size and forecast, by Battery Energy Density
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Vehicle Type
- 7.3.3 Europe Market size and forecast, by Propulsion Type
- 7.3.4 Europe Market size and forecast, by Battery Energy Density
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 Germany
- 7.3.5.1.1 Key market trends, growth factors and opportunities
- 7.3.5.1.2 Market size and forecast, by Vehicle Type
- 7.3.5.1.3 Market size and forecast, by Propulsion Type
- 7.3.5.1.4 Market size and forecast, by Battery Energy Density
- 7.3.5.2 France
- 7.3.5.2.1 Key market trends, growth factors and opportunities
- 7.3.5.2.2 Market size and forecast, by Vehicle Type
- 7.3.5.2.3 Market size and forecast, by Propulsion Type
- 7.3.5.2.4 Market size and forecast, by Battery Energy Density
- 7.3.5.3 Netherlands
- 7.3.5.3.1 Key market trends, growth factors and opportunities
- 7.3.5.3.2 Market size and forecast, by Vehicle Type
- 7.3.5.3.3 Market size and forecast, by Propulsion Type
- 7.3.5.3.4 Market size and forecast, by Battery Energy Density
- 7.3.5.4 Norway
- 7.3.5.4.1 Key market trends, growth factors and opportunities
- 7.3.5.4.2 Market size and forecast, by Vehicle Type
- 7.3.5.4.3 Market size and forecast, by Propulsion Type
- 7.3.5.4.4 Market size and forecast, by Battery Energy Density
- 7.3.5.5 UK
- 7.3.5.5.1 Key market trends, growth factors and opportunities
- 7.3.5.5.2 Market size and forecast, by Vehicle Type
- 7.3.5.5.3 Market size and forecast, by Propulsion Type
- 7.3.5.5.4 Market size and forecast, by Battery Energy Density
- 7.3.5.6 Rest of Europe
- 7.3.5.6.1 Key market trends, growth factors and opportunities
- 7.3.5.6.2 Market size and forecast, by Vehicle Type
- 7.3.5.6.3 Market size and forecast, by Propulsion Type
- 7.3.5.6.4 Market size and forecast, by Battery Energy Density
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Vehicle Type
- 7.4.3 Asia-Pacific Market size and forecast, by Propulsion Type
- 7.4.4 Asia-Pacific Market size and forecast, by Battery Energy Density
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Key market trends, growth factors and opportunities
- 7.4.5.1.2 Market size and forecast, by Vehicle Type
- 7.4.5.1.3 Market size and forecast, by Propulsion Type
- 7.4.5.1.4 Market size and forecast, by Battery Energy Density
- 7.4.5.2 India
- 7.4.5.2.1 Key market trends, growth factors and opportunities
- 7.4.5.2.2 Market size and forecast, by Vehicle Type
- 7.4.5.2.3 Market size and forecast, by Propulsion Type
- 7.4.5.2.4 Market size and forecast, by Battery Energy Density
- 7.4.5.3 Japan
- 7.4.5.3.1 Key market trends, growth factors and opportunities
- 7.4.5.3.2 Market size and forecast, by Vehicle Type
- 7.4.5.3.3 Market size and forecast, by Propulsion Type
- 7.4.5.3.4 Market size and forecast, by Battery Energy Density
- 7.4.5.4 South Korea
- 7.4.5.4.1 Key market trends, growth factors and opportunities
- 7.4.5.4.2 Market size and forecast, by Vehicle Type
- 7.4.5.4.3 Market size and forecast, by Propulsion Type
- 7.4.5.4.4 Market size and forecast, by Battery Energy Density
- 7.4.5.5 Rest of Asia-Pacific
- 7.4.5.5.1 Key market trends, growth factors and opportunities
- 7.4.5.5.2 Market size and forecast, by Vehicle Type
- 7.4.5.5.3 Market size and forecast, by Propulsion Type
- 7.4.5.5.4 Market size and forecast, by Battery Energy Density
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Vehicle Type
- 7.5.3 LAMEA Market size and forecast, by Propulsion Type
- 7.5.4 LAMEA Market size and forecast, by Battery Energy Density
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Key market trends, growth factors and opportunities
- 7.5.5.1.2 Market size and forecast, by Vehicle Type
- 7.5.5.1.3 Market size and forecast, by Propulsion Type
- 7.5.5.1.4 Market size and forecast, by Battery Energy Density
- 7.5.5.2 Middle East
- 7.5.5.2.1 Key market trends, growth factors and opportunities
- 7.5.5.2.2 Market size and forecast, by Vehicle Type
- 7.5.5.2.3 Market size and forecast, by Propulsion Type
- 7.5.5.2.4 Market size and forecast, by Battery Energy Density
- 7.5.5.3 Africa
- 7.5.5.3.1 Key market trends, growth factors and opportunities
- 7.5.5.3.2 Market size and forecast, by Vehicle Type
- 7.5.5.3.3 Market size and forecast, by Propulsion Type
- 7.5.5.3.4 Market size and forecast, by Battery Energy Density
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 Cymbet
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 Contemporary Amperex Technology Co., Limited
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 Ilika
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 LG Chem
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 Northvolt AB
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 Panasonic Corporation
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 QuantumScape Corporation
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 Samsung SDI Co., Ltd.
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 Solid Power
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 TOYOTA MOTOR CORPORATION
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
- 9.11 TDK Corporation
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
- 9.12 ST Microelectronics
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments