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Solid State Battery Market Share

Report ID: GMI3885
Published Date: Aug 2024
Report Format: PDF

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Solid State Battery Market Share

Global Solid State Battery Company Market Share Analysis, 2023

Companies including Ilika Ltd., Hitachi Zosen Corporation, and BrightVolt Solid State Batteries are leaders in the solid-state battery market, thanks to their extensive manufacturing capabilities, technological expertise, and significant investments in research and development. They consistently innovate to deliver high-performance solid-state batteries that offer superior energy density, faster charging capabilities, and enhanced safety features.

Solid State Battery Market Companies

Eminent players operating in the solid state battery industry include:

Altairnano
Beijing Weilan New Energy Technology Co., Ltd.
BrightVolt Solid State Batteries
Cymbet
Hitachi Zosen Corporation
Ilika Ltd.
Ion Storage Systems
ITEN
Johnson Energy Storage, Inc.
Prieto Battery Inc
QuantumScape Corporation
Samsung SDI Co., Ltd.
Solid Power
STMicroelectronics
Toyota

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of solid state battery was valued at USD 826.8 million in 2023 and is anticipated to record a CAGR of 38.2% through 2032, backed by continuous R&D, innovations in materials science, and shift towards electric vehicles.

The thin-film battery segment is anticipated to reach a value of more than USD 6.3 billion by 2032, on account of the ongoing trend towards smaller, lighter, and more powerful electronic devices, necessitating compact and efficient energy storage solutions

Asia Pacific solid state battery market is expected to surpass USD 6.5 billion by 2032, as countries, notably China, Japan, and South Korea, have a strong industrial and manufacturing base.

Cymbet, Hitachi Zosen Corporation, Ilika Ltd., Ion Storage Systems, ITEN, Johnson Energy Storage, Inc., Prieto Battery Inc, QuantumScape Corporation, and Samsung SDI Co., Ltd. among others.