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Solid State Batteries: Global Markets 2024-2029

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    Report

  • 119 Pages
  • June 2024
  • Region: Global
  • BCC Research
  • ID: 5205801

The global market for solid state batteries is estimated to increase from $274.0 million in 2023 to reach $1.7 billion by 2029, at a compound annual growth rate (CAGR) of 36.7% from 2024 through 2029.

Report Scope

The report provides an overview and analysis of the global SSB market and leading companies’ products, strategies and initiatives. Using 2023 as the base year, the report provides estimated market data for 2024, and forecasts for 2024 through 2029. It also includes details about different types of SSBs and their end-use applications. Estimated market values are based on the determined market penetration of SSBs in the electric vehicle (EV) battery market. In the report, only the battery electric vehicle (BEV) industry has been considered, and not the plug-in hybrid electric vehicles (PHEVs), as SSB technology is being primarily developed as an advanced power source for BEVs. Projected revenue values are in constant U.S. dollars that have not been adjusted for inflation.

In this report, the global SSB market is segmented by:

  • Type: bulk and thin film batteries.
  • Cell type: single-cell and multi-cell batteries.
  • Rechargeability: primary and secondary batteries.
  • Capacity: below 20 milliampere-hours (mAh), 20-500 mAh, above 500 mAh.
  • End use industry: EVs, industrial, medical and healthcare, consumer electronics, and others. (Others include energy storage, aerospace and military).
  • Region: North America, Europe, Asia-Pacific and the rest of the world (Rest of World).

Report Includes

  • 50 data tables and 43 additional tables
  • An analysis of the global market for solid-state battery (SSD) technologies
  • Analyses of the global market trends, with market revenue data for 2022, estimates for 2023, forecasts for 2024 and projected CAGRs through 2028
  • Estimate of the current market size and revenue growth prospects, along with a market share analysis by battery type, battery capacity, application and region
  • Facts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies, regulations and the impacts of macroeconomic variables
  • An analysis of recent patent grants and key published patents
  • Overview of sustainability trends and ESG developments, with emphasis on ESG performance, consumer attitudes, companies’ ESG score rankings and their ESG practices
  • Analysis of leading companies’ market shares, M&A activity and venture funding outlook
  • Company profiles of major players within the industry, including Blue Solutions, Ilika, ProLogium Technology Co. Ltd., QuantumScape Corp., and Samsung SDI Co. Ltd.

Note: mAh is used to rate the energy capacity of common household batteries and those of electronic devices such as smartphones, laptops and appliances.

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of Report
  • Market Summary
Chapter 2 Market Overview
  • Current Market Overview
  • Main Components of SSBs
  • Anodes
  • Cathodes
  • Electrolytes
  • Porter’s Five Forces Analysis
  • Buyer Bargaining Power
  • Supplier Bargaining Power
  • Potential for New Entrants
  • Ability of Customers to Find Substitutes
  • Intensity of Competition
  • Supply Chain Analysis
  • Providers of Raw Materials
  • Battery Component Providers
  • Battery Manufacturers
  • End Users
Chapter 3 Market Dynamics
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Trends
  • Market Opportunities
Chapter 4 Emerging Technologies and Developments
  • Overview
  • Emerging Technologies in SSB Development
  • Nanotechnology
  • Emerging Roles of AI and ML
  • Thermal Management Systems (TMS)
  • Bottom Electrodeposition
  • Fast Cycling of Lithium Metal in SSBs
  • Patent Analysis
  • Descriptions of SSB-Related Patents
Chapter 5 Market Segmentation Analysis
  • Segmental Breakdown
  • Global SSB Market by Type
  • Thin Film Batteries
  • Bulk Batteries
  • Global SSB Market by Cell Type
  • Single Cell Batteries
  • Multi-Cell Batteries
  • Global SSB Market by Rechargeability
  • Primary Batteries
  • Secondary Batteries
  • Global SSB Market by Capacity
  • Below 20 mAh
  • 20 mAh to 500 mAh
  • Above 500 mAh
  • Global SSB Market by End User
  • Electric Vehicles
  • Medical and Healthcare
  • Consumer Electronics
  • Industrial
  • Other End Uses
  • Geographic Breakdown
  • Global SSB Market by Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of World (RoW)
Chapter 6 Competitive Intelligence
  • Overview
  • Competitive Analysis of Leading Companies
  • Blue Solutions
  • ProLogium Technology Co. Ltd.
  • QuantumScape Corp.
  • Solid Power Inc.
  • Toyota Motor Corp.
  • Product-Related Developments
Chapter 7 Sustainability in the SSB Industry: ESG Perspective
  • Overview
  • Environmental Impact/Performance
  • Social Impact/Performance
  • Governance Impact/Performance
  • Concluding Remarks
Chapter 8 Appendix: Solid State Battery: Global Markets
  • Methodology
  • Research Steps
  • References
  • Acronyms
  • Company Profiles
  • Ampcera
  • Blue Solutions
  • Hitachi Zosen Corp.
  • Ilika
  • Prologium Technology Co. Ltd.
  • Quantumscape Corp.
  • Samsung Sdi Co. Ltd.
  • SK On Co. Ltd.
  • Solid Power Inc.
  • Toyota Motor Corp.
  • List of other Players (Emerging Players)
List of Tables
Summary Table: Global Market for Solid State Batteries, by Region, Through 2029
Table 1: Comparison of SSBs and Li-ion Batteries
Table 2: EV Sales in Overall Passenger Vehicle Sales, 2023
Table 3: Patents Published on SSBs, January 2021-April 2024
Table 4: Companies with the Most Patents Published on SSBs, 2023
Table 5: Global Market for Solid State Batteries, by Type, Through 2029
Table 6: Global Market for Thin Film SSBs, by Region, Through 2029
Table 7: Global Market for Bulk SSBs, by Region, Through 2029
Table 8: Global Market for Solid State Batteries, by Cell Type, Through 2029
Table 9: Global Market for Single-Cell SSBs, by Region, Through 2029
Table 10: Global Market for Multi-Cell SSBs, by Region, Through 2029
Table 11: Global Market for Rechargeable SSBs, Through 2029
Table 12: Global Market for Primary SSBs, by Region, Through 2029
Table 13: Global Market for Secondary SSBs, by Region, Through 2029
Table 14: Global Market for Solid State Batteries, by Capacity, Through 2029
Table 15: Global Market for SSBs Below 20 mAh Capacity, by Region, Through 2029
Table 16: Global Market for SSBs with 20 to 500 mAh Capacity, by Region, Through 2029
Table 17: Global Market for SSBs Above 500 mAh Capacity, by Region, Through 2029
Table 18: Global Market for SSBs, by End User Industry, Through 2029
Table 19: Global Market for SSBs in EVs, by Region, Through 2029
Table 20: Global Market for SSBs in Medical and Healthcare, by Region, Through 2029
Table 21: Global Market for SSBs in Consumer Electronics, by Region, Through 2029
Table 22: Global Market for SSBs for Industrial End Users, by Region, Through 2029
Table 23: Global Market for SSBs for Other End Users, by Region, Through 2029
Table 24: Global Battery Electric Vehicle (BEV) Car Sales, 2020-2023
Table 25: Global Market for SSBs, by Region, Through 2029
Table 26: North American Market for SSBs, by Country, Through 2029
Table 27: North American Market for SSBs, by Type, Through 2029
Table 28: North American Market for SSBs, by Cell Type, Through 2029
Table 29: North American Market for Rechargeable SSBs, Through 2029
Table 30: North American Market for SSBs, by Capacity, Through 2029
Table 31: North American Market for SSBs, by End User Industry, Through 2029
Table 32: European Market for SSBs, by Country, Through 2029
Table 33: European Market for SSBs, by Type, Through 2029
Table 34: European Market for SSBs, by Cell Type, Through 2029
Table 35: European Market for Rechargeable SSBs, Through 2029
Table 36: European Market for SSBs, by Capacity, Through 2029
Table 37: European Market for SSBs, by End User Industry, Through 2029
Table 38: Asia-Pacific Market for SSBs, by Country, Through 2029
Table 39: Asia-Pacific Market for SSBs, by Type, Through 2029
Table 40: Asia-Pacific Market for SSBs, by Cell Type, Through 2029
Table 41: Asia-Pacific Market for Rechargeable SSBs, Through 2029
Table 42: Asia-Pacific Market for SSBs, By Capacity, Through 2029
Table 43: Asia-Pacific Market for SSBs, by End User Industry, Through 2029
Table 44: RoW Market for SSBs, by Region, Through 2029
Table 45: RoW Market for SSBs, by Type, Through 2029
Table 46: RoW Market for SSBs, by Cell Type, Through 2029
Table 47: RoW Market for Rechargeable SSBs, Through 2029
Table 48: RoW Market for SSBs, By Capacity, Through 2029
Table 49: RoW Market for SSBs, by End User Industry, Through 2029
Table 50: Competitive Information on Leading SSB Manufacturers, 2023
Table 51: Recent Partnerships Between Key Companies in the SSB Market
Table 52: Recent Product Developments in the Global Market for SSBs
Table 53: Companies’ Expansions in the Global SSB Market, 2022 and 2023
Table 54: ESG Risk Ratings of SSB Manufacturers
Table 55: Abbeviations Used in the Report
Table 56: Ampcera: Company Snapshot
Table 57: Ampcera: Product Portfolio
Table 58: Ampcera: News/Key Developments, 2024
Table 59: Blue Solutions: Company Snapshot
Table 60: Blue Solutions: Product Portfolio
Table 61: Blue Solutions: News/Key Developments, 2022-2023
Table 62: Hitachi Zosen Corp.: Company Snapshot
Table 63: Hitachi Zosen Corp.: Financial Performance, FY 2021 and 2022
Table 64: Hitachi Zosen Corp.: Product Portfolio
Table 65: Hitachi Zosen Corp.: News/Key Developments, 2022
Table 66: Ilika: Company Snapshot
Table 67: Ilika: Financial Performance, FY 2022 and 2023
Table 68: Ilika: Product Portfolio
Table 69: Ilika: News/Key Developments, 2023
Table 70: ProLogium Technology Co. Ltd.: Company Snapshot
Table 71: ProLogium Technology Co. Ltd.: Product Portfolio
Table 72: ProLogium Technology Co. Ltd.: News/Key Developments, 2022-2023
Table 73: QuantumScape Corp.: Company Snapshot
Table 74: QuantumScape Corp.: Financial Performance, FY 2022 and 2023
Table 75: QuantumScape Corp.: Product Portfolio
Table 76: QuantumScape Corp.: News/Key Developments, 2022
Table 77: Samsung SDI Co. Ltd.: Company Snapshot
Table 78: Samsung SDI Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 79: Samsung SDI Co. Ltd.: Product Portfolio
Table 80: Samsung SDI Co. Ltd.: News/Key Developments, 2023
Table 81: SK on Co. Ltd.: Company Snapshot
Table 82: SK on Co. Ltd.: Product Portfolio
Table 83: SK on Co. Ltd.: News/Key Developments, 2023-2024
Table 84: Solid Power Inc.: Company Snapshot
Table 85: Solid Power Inc.: Financial Performance, FY 2022 and 2023
Table 86: Solid Power Inc.: Product Portfolio
Table 87: Solid Power Inc.: News/Key Developments, 2023
Table 88: Toyota Motor Corp.: Company Snapshot
Table 89: Toyota Motor Corp.: Financial Performance, FY 2022 and 2023
Table 90: Toyota Motor Corp.: Product Portfolio
Table 91: Toyota Motor Corp.: News/Key Developments, 2023
Table 92: List of other Players in the Solid State Batteries Market

List of Figures
Summary Figure: Global Market Shares of Solid State Batteries, by Region, 2023
Figure 1: Porter’s Five Forces Analysis of the SSD Market
Figure 2: Value Chain Analysis of the Global SSB Market
Figure 3: Market Dynamics of Solid State Batteries
Figure 4: Shares of Patents Published on SSBs, by Assignee Country/Region, 2023
Figure 5: Global Market Shares of Solid State Batteries, by Type, 2023
Figure 6: Global Market Shares of Thin Film SSBs, by Region, 2023
Figure 7: Global Market Shares of Bulk SSBs, by Region, 2023
Figure 8: Global Market Shares of Solid State Batteries, by Cell Type, 2023
Figure 9: Global Market Shares of Single-Cell SSBs, by Region, 2023
Figure 10: Global Market Shares of Multi-Cell SSBs, by Region, 2023
Figure 11: Global Market Shares of Rechargeable SSBs, 2023
Figure 12: Global Market Shares of Primary SSBs, by Region, 2023
Figure 13: Global Market Shares of Secondary SSBs, by Region, 2023
Figure 14: Global Market Shares of Solid State Batteries, by Capacity, 2023
Figure 15: Global Market Shares of SSBs Below 20 mAh Capacity, by Region, 2023
Figure 16: Global Market Shares of SSBs with 20 to 500 mAh Capacity, by Region, 2023
Figure 17: Global Market Shares of SSBs Above 500 mAh Capacity, by Region, 2023
Figure 18: Global Market Shares of SSBs, by End User Industry, 2023
Figure 19: Global Market Shares of SSBs in EVs, by Region, 2023
Figure 20: Global Market Shares of SSBs in Medical and Healthcare, by Region, 2023
Figure 21: Global Market Shares of SSBs in Consumer Electronics, by Region, 2023
Figure 22: Global Market Shares of SSBs for Industrial End Users, by Region, 2023
Figure 23: Global Market Shares of SSBs for Other End Users, by Region, 2023
Figure 24: Global Market Shares of SSBs, by Region, 2023
Figure 25: North American Market Shares of SSBs, by Country, 2023
Figure 26: North American Market Shares of SSBs, by Type, 2023
Figure 27: North American Market Shares of SSBs, by Cell Type, 2023
Figure 28: North American Market Shares of Rechargeable SSBs, 2023
Figure 29: North American Market Shares of SSBs, by Capacity, 2023
Figure 30: North American Market Shares of SSBs, by End User Industry, 2023
Figure 31: ZEV Sales Targets in Canada, 2026 to 2035
Figure 32: European Market Shares of SSBs, by Country, 2023
Figure 33: European Market Shares of SSBs, by Type, 2023
Figure 34: European Market Shares of SSBs, by Cell Type, 2023
Figure 35: European Market Shares of Rechargeable SSBs, by Type, 2023
Figure 36: European Market Shares of SSBs, by Capacity, 2023
Figure 37: European Market Shares of SSBs, by End User Industry, 2023
Figure 38: Asia-Pacific Market Shares of SSBs, by Country, 2023
Figure 39: Asia-Pacific Market Shares of SSBs, by Type, 2023
Figure 40: Asia-Pacific Market Shares of SSBs, by Cell Type, 2023
Figure 41: Asia-Pacific Market Shares of Rechargeable SSBs, 2023
Figure 42: Asia-Pacific Market Shares of SSBs, by Capacity, 2023
Figure 43: Asia-Pacific Market Shares of SSBs, by End User Industry, 2023
Figure 44: RoW Market Shares of SSBs, by Region, 2023
Figure 45: RoW Market Shares of SSBs, by Type, 2023
Figure 46: RoW Market Shares of SSBs, by Cell Type, 2023
Figure 47: RoW Market Shares of Rechargeable SSBs, 2023
Figure 48: RoW Market Shares of SSBs, by Capacity, 2023
Figure 49: RoW Market Shares of SSBs, by End User Industry, 2023
Figure 50: Research Steps for Global Solid State Battery Market
Figure 51: Hitachi Zosen Corp.: Revenue Shares, by Business Unit, FY 2022
Figure 52: Hitachi Zosen Corp.: Revenue Shares, by Country/Region, FY 2022
Figure 53: Ilika: Revenue Shares, by Country/Region, FY 2023
Figure 54: Samsung SDI Co. Ltd.: Revenue Shares, by Business Unit, FY 2023
Figure 55: Samsung SDI Co. Ltd.: Revenue Shares, by Country/Region, FY 2023
Figure 56: Toyota Motor Corp.: Revenue Shares, by Business Unit, FY 2023
Figure 57: Toyota Motor Corp.: Revenue Shares, by Country/Region, FY 2023

Companies Mentioned

  • Ampcera
  • Blue Solutions
  • Hitachi Zosen Corp.
  • Ilika
  • Prologium Technology Co. Ltd.
  • Quantumscape Corp.
  • Samsung Sdi Co. Ltd.
  • SK On Co. Ltd.
  • Solid Power Inc.
  • Toyota Motor Corp.