Solid-State Car Battery Market by Vehicle (Passenger Car and Commercial Vehicle), Battery Energy Density (>450 Wh/kg, >450 Wh/kg), Propulsion (BEV, PHEV), Component(Cathode, Anode, and Electrolyte), and Region - Global Forecast to 2030
The global solid-state car battery market size is projected to grow from 27,070 units in 2025 to 661,724 units by 2030, at a CAGR of 89.5%. Factors such as increasing demand for electric vehicles around the world, higher battery capacity and EV range using solid-state car batteries and other features of SSB’s like higher battery life, higher energy density and better safety features compared to presently used lithium ion batteries. The growing concern for larger distance commuting using EV’s will also boost the market.
A major concern for EV users is the lower range of vehicle on a single charge. This issue has been a major factor reducing the growth of the EV market. Compared to EVs using conventional lithium ion batteries, those installed with solid-state batteries are expected to have a significantly higher range due to the high battery density. Solid-state batteries can theoretically store twice as much energy as that in lithium ion batteries. Thus, various top EV manufacturers are investing in this technology. An EV installed with a solid-state battery according to various industry experts can have an approximately 600+ mile electric range.
“Passenger Car Segment is expected to be the largest market in the vehicle type segment in the forecast.”
Passenger cars and a small part of commercial vehicles are considered under vehicle types in the automotive solid-state battery market due to the growing demand for premium electric cars. The demand for other electric cars and commercial vehicles using solid-state batteries will increase in the coming years once solid-state batteries are commercialized to be used in automobiles. Asia Pacific is expected to be the market for passenger cars, followed by Europe and North America. This is due to the strong government support for the adoption of electric passenger vehicles in the region. North America to be the fastest-growing region with a fast-growing demand for premium electric vehicles which will use solid-state batteries in the coming years. The market in Europe is expected to grow in the coming years. This is due to strong emission regulations and a variety of subsidies, grants, and incentives for adopting EVs in countries such as Germany, France, Netherlands, Norway, Sweden, and the UK. The demand for solid-state batteries in electric vehicles will be growing with the increased demand for EVs and the mass production of automotive solid-state batteries.
“Asia is expected to be the largest market during the forecast period.”
The Asia Pacific solid-state car battery market will be led by countries such as China, Japan, and South Korea. The governments of these countries have supported the growth of EV demand through subsidies, favorable policies for EVs and discouraging the use of petrol. This will lead to a fast-growing demand for solid-state car batteries in the region once they come into the market. Premium EVs using solid-state batteries will be launched in China and Japan, followed by South Korea and India. Growth will be slower in the initial years but will speed up after 2026. India will be the fastest-growing market in the region due to current and upcoming EV policies. Japan will also be one of the fastest-growing markets in the region due to top OEMs such as Toyota, Nissan, and Mitsubishi and battery manufacturers working to develop solid-state batteries.
“North America to be the fastest-growing region during the forecast period”
The North American region is expected to achieve the highest growth for the solid-state car battery market. The market is expected to be led by sales of premium EVs in the US and Canada. Top OEMs such as GM and Ford are working with battery manufacturers to develop solid-state batteries for their EVs and plan to launch them in the coming years. It is expected that there will be a higher demand for BEVs in the two countries and a slower demand for PHEVs.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The market study covers the Solid-state car battery market by Vehicle Type(Passenger Car and Commercial Vehicle), Battery Energy Density (>450 Wh/kg, <450 Wh/kg), Propulsion (BEV, PHEV), Component, and Region (Asia Pacific, Europe, North America, Middle East and Africa). It also covers the competitive landscape and company profiles of the major players in the solid-state car battery ecosystem.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
A major concern for EV users is the lower range of vehicle on a single charge. This issue has been a major factor reducing the growth of the EV market. Compared to EVs using conventional lithium ion batteries, those installed with solid-state batteries are expected to have a significantly higher range due to the high battery density. Solid-state batteries can theoretically store twice as much energy as that in lithium ion batteries. Thus, various top EV manufacturers are investing in this technology. An EV installed with a solid-state battery according to various industry experts can have an approximately 600+ mile electric range.
“Passenger Car Segment is expected to be the largest market in the vehicle type segment in the forecast.”
Passenger cars and a small part of commercial vehicles are considered under vehicle types in the automotive solid-state battery market due to the growing demand for premium electric cars. The demand for other electric cars and commercial vehicles using solid-state batteries will increase in the coming years once solid-state batteries are commercialized to be used in automobiles. Asia Pacific is expected to be the market for passenger cars, followed by Europe and North America. This is due to the strong government support for the adoption of electric passenger vehicles in the region. North America to be the fastest-growing region with a fast-growing demand for premium electric vehicles which will use solid-state batteries in the coming years. The market in Europe is expected to grow in the coming years. This is due to strong emission regulations and a variety of subsidies, grants, and incentives for adopting EVs in countries such as Germany, France, Netherlands, Norway, Sweden, and the UK. The demand for solid-state batteries in electric vehicles will be growing with the increased demand for EVs and the mass production of automotive solid-state batteries.
“Asia is expected to be the largest market during the forecast period.”
The Asia Pacific solid-state car battery market will be led by countries such as China, Japan, and South Korea. The governments of these countries have supported the growth of EV demand through subsidies, favorable policies for EVs and discouraging the use of petrol. This will lead to a fast-growing demand for solid-state car batteries in the region once they come into the market. Premium EVs using solid-state batteries will be launched in China and Japan, followed by South Korea and India. Growth will be slower in the initial years but will speed up after 2026. India will be the fastest-growing market in the region due to current and upcoming EV policies. Japan will also be one of the fastest-growing markets in the region due to top OEMs such as Toyota, Nissan, and Mitsubishi and battery manufacturers working to develop solid-state batteries.
“North America to be the fastest-growing region during the forecast period”
The North American region is expected to achieve the highest growth for the solid-state car battery market. The market is expected to be led by sales of premium EVs in the US and Canada. Top OEMs such as GM and Ford are working with battery manufacturers to develop solid-state batteries for their EVs and plan to launch them in the coming years. It is expected that there will be a higher demand for BEVs in the two countries and a slower demand for PHEVs.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I - 59%, Tier II - 7%, and OEMs - 34%
- By Designation: C Level Executives - 26%, Directors - 43%, and Others - 31%
- By Region: North America - 26%, Europe - 39% and Asia Pacific - 35%
Research Coverage:
The market study covers the Solid-state car battery market by Vehicle Type(Passenger Car and Commercial Vehicle), Battery Energy Density (>450 Wh/kg, <450 Wh/kg), Propulsion (BEV, PHEV), Component, and Region (Asia Pacific, Europe, North America, Middle East and Africa). It also covers the competitive landscape and company profiles of the major players in the solid-state car battery ecosystem.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall solid-state car battery market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS IN THE SOLID-STATE CAR BATTERY MARKET
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 PACKAGE SIZE
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.1 List of primary participants
2.2 MARKET ESTIMATION METHODOLOGY
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 5 GLOBAL SOLID-STATE CAR BATTERY MARKET SIZE: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR THE SOLID-STATE CAR BATTERY MARKET: TOP-DOWN APPROACH
FIGURE 7 SOLID-STATE CAR BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 8 RESEARCH APPROACH: SOLID-STATE CAR BATTERY MARKET
FIGURE 9 SOLID-STATE CAR BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY – DEMAND SIDE
2.3.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
2.4 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 11 SOLID-STATE CAR BATTERY MARKET OVERVIEW
FIGURE 12 SOLID-STATE CAR BATTERY MARKET, BY REGION, 2025–2030 (UNITS)
FIGURE 13 SOLID-STATE BATTERY TRENDS WOULD CREATE A SHIFT IN REVENUE MIX IN THE COMING YEARS
FIGURE 14 THE BATTERY ELECTRIC VEHICLES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2025–2030)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE SOLID-STATE CAR BATTERY MARKET
FIGURE 15 INCREASING DEMAND FOR LONG-RANGE ZERO-EMISSION COMMUTING TO DRIVE THE MARKET
4.2 SOLID-STATE CAR BATTERY MARKET GROWTH RATE, BY REGION
FIGURE 16 ASIA PACIFIC PROJECTED TO BE THE LARGEST MARKET DURING THE FORECAST PERIOD
4.3 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE
FIGURE 17 THE PASSENGER CAR SEGMENT TO BE A LARGER SEGMENT DURING THE FORECAST PERIOD (2025–2030)
4.4 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION
FIGURE 18 THE BATTERY ELECTRIC VEHICLE SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2025–2030)
4.5 SOLID-STATE CAR BATTERY MARKET, BY BATTERY ENERGY DENSITY
FIGURE 19 THE <450 WH/KG SEGMENT TO BE A LARGER SEGMENT DURING THE FORECAST PERIOD (2025–2030)
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 SOLID-STATE CAR BATTERY MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Faster charging compared to lithium-ion batteries while using the same EV charging mode is expected to increase the demand for solid-state car batteries
FIGURE 21 EV CHARGING TIME OF LITHIUM-ION BATTERIES
5.2.1.2 Higher capacity in solid-state batteries resulting in increased EV range leading to higher demand
TABLE 2 COMPARISON BETWEEN LITHIUM ION AND SOLID-STATE BATTERIES
5.2.1.3 Lower chance of overheating as compared to lithium-ion batteries makes solid-state batteries safer
TABLE 3 ADVANTAGES OFFERED BY SOLID-STATE BATTERIES OVER LITHIUM-ION BATTERIES IN EVS
5.2.2 RESTRAINTS
5.2.2.1 Higher cost compared to conventional EV batteries
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for EVs expected to drive the demand for solid-state batteries
FIGURE 22 GLOBAL SALES OF BATTERY ELECTRIC VEHICLES, 2017-2020 (THOUSAND UNITS)
5.2.3.2 Government initiatives pertaining to EVs expected to increase the demand for solid-state batteries
FIGURE 23 EUROPEAN GOVERNMENT SUBSIDY SCHEMES FOR EVS
5.2.3.3 Increase in R&D investments expected to lead to an increase in demand for solid-state batteries
5.2.4 CHALLENGES
5.2.4.1 Technological barriers in the development of solid-state batteries
TABLE 4 CRITICAL GAPS IN THE DEVELOPMENT OF SOLID-STATE BATTERIES
FOR USE IN AUTOMOTIVE
5.2.4.2 Hard ceramics used for the development of solid-state batteries are brittle and have problems with mechanical stress
TABLE 5 SOLID-STATE CAR BATTERY MARKET: IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 24 PORTER’S FIVE FORCES: SOLID-STATE CAR BATTERY MARKET
TABLE 6 SOLID-STATE CAR BATTERY MARKET: IMPACT OF PORTER’S 5 FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 RIVALRY AMONG EXISTING COMPETITORS
5.4 SOLID-STATE CAR BATTERY MARKET ECOSYSTEM
FIGURE 25 SOLID-STATE CAR BATTERY MARKET: ECOSYSTEM ANALYSIS
5.4.1 EV CHARGING PROVIDERS
5.4.2 TIER 1 SUPPLIERS (EV BATTERY SUPPLIERS)
5.4.3 OEMS
5.4.4 END USERS
TABLE 7 SOLID-STATE CAR BATTERY MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS OF SOLID-STATE CAR BATTERY MARKET
5.6 PATENT ANALYSIS
TABLE 8 IMPORTANT PATENT REGISTRATIONS RELATED TO THE SOLID-STATE CAR BATTERY MARKET
5.7 CASE STUDY
5.7.1 A PERFORMANCE AND COST OVERVIEW OF SELECTED SOLID-STATE ELECTROLYTES: RACE BETWEEN POLYMER ELECTROLYTES AND INORGANIC SULFIDE ELECTROLYTES
5.8 REGULATORY OVERVIEW
5.8.1 NETHERLANDS
TABLE 9 NETHERLANDS: ELECTRIC VEHICLE INCENTIVES
TABLE 10 NETHERLANDS: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.2 GERMANY
TABLE 11 GERMANY: ELECTRIC VEHICLE INCENTIVES
TABLE 12 GERMANY: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.3 FRANCE
TABLE 13 FRANCE: ELECTRIC VEHICLE INCENTIVES
TABLE 14 FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.4 UK
TABLE 15 UK: ELECTRIC VEHICLE INCENTIVES
TABLE 16 UK: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.5 CHINA
TABLE 17 CHINA: ELECTRIC VEHICLE INCENTIVES
TABLE 18 CHINA: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.6 US
TABLE 19 US: ELECTRIC VEHICLE INCENTIVES
TABLE 20 US: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.9 SOLID-STATE CAR BATTERY MARKET, SCENARIOS (2025–2030)
5.9.1 SOLID-STATE CAR BATTERY MARKET, MOST LIKELY SCENARIO
FIGURE 27 SOLID-STATE CAR BATTERY MARKET – FUTURE TRENDS & SCENARIO, 2025–2030 (THOUSAND UNITS)
5.9.2 SOLID-STATE CAR BATTERY MARKET, OPTIMISTIC SCENARIO
TABLE 21 SOLID-STATE CAR BATTERY MARKET (OPTIMISTIC), BY REGION, 2025–2030 (THOUSAND UNITS)
5.9.3 SOLID-STATE CAR BATTERY MARKET, PESSIMISTIC SCENARIO
TABLE 22 SOLID-STATE CAR BATTERY MARKET (PESSIMISTIC), BY REGION, 2025–2030 (THOUSAND UNITS)
6 SOLID-STATE CAR BATTERY MARKET, BY COMPONENT
6.1 INTRODUCTION
TABLE 23 SOLID-STATE CAR BATTERY MARKET: CURRENT DEVELOPMENT SCENARIO
6.2 CATHODE
6.2.1 OXIDE CATHODE
6.2.2 PHOSPHATE CATHODE
6.3 ELECTROLYTE
6.3.1 POLYMER ELECTROLYTE
6.3.2 CERAMIC ELECTROLYTE
FIGURE 28 COMPARISON OF ELECTROLYTES FOR SSBS
6.4 ANODE
6.4.1 CARBON-BASED ANODE
6.4.2 LITHIUM METAL-BASED ANODE
6.5 KEY PRIMARY INSIGHTS
7 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE
7.1 INTRODUCTION
TABLE 24 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)
FIGURE 29 THE PASSENGER CARS SEGMENT IS EXPECTED TO LEAD THE MARKET
FROM 2025–2030
7.2 OPERATIONAL DATA
7.2.1 ASSUMPTIONS
TABLE 25 ASSUMPTIONS: BY VEHICLE TYPE
7.3 RESEARCH METHODOLOGY
7.4 PASSENGER CARS
7.4.1 GROWING EMISSION NORMS WILL BOOST THE DEMAND FOR PASSENGER CARS
TABLE 26 AUTOMOTIVE SOLID-STATE BATTERY MARKET IN PASSENGER CARS, BY REGION, 2023–2030 (UNITS)
7.5 COMMERCIAL VEHICLES
7.5.1 GROWTH OF E-COMMERCE AND LOGISTICS WILL BOOST THIS SEGMENT
TABLE 27 AUTOMOTIVE SOLID-STATE CAR BATTERY MARKET IN COMMERCIAL VEHICLES, BY REGION, 2023–2030 (UNITS)
7.6 KEY PRIMARY INSIGHTS
8 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION
8.1 INTRODUCTION
TABLE 28 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
FIGURE 30 BEV SEGMENT IS EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD (2025-2030)
8.2 OPERATIONAL DATA
8.2.1 ASSUMPTIONS
TABLE 29 ASSUMPTIONS: BY PROPULSION TYPE
8.3 RESEARCH METHODOLOGY
8.4 BATTERY ELECTRIC VEHICLE (BEV)
8.4.1 INCREASE IN VEHICLE RANGE PER CHARGE WILL INCREASE THE DEMAND FOR SOLID-STATE CAR BATTERIES IN ELECTRIC VEHICLES
TABLE 30 BEV: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
8.5 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
8.5.1 GOVERNMENTS PROVIDING TAX BENEFITS AND INCENTIVES WILL BOOST THIS SEGMENT
TABLE 31 PHEV: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
8.6 KEY PRIMARY INSIGHTS
9 SOLID-STATE CAR BATTERY MARKET, BY BATTERY ENERGY DENSITY
9.1 INTRODUCTION
TABLE 32 SOLID-STATE CAR BATTERY MARKET, BY BATTERY DENSITY, 2023–2030 (UNITS)
FIGURE 31 <450 WH/KG SEGMENT IS EXPECTED TO LEAD THE MARKET DURING
THE FORECAST PERIOD (2025-2030)
9.2 OPERATIONAL DATA
9.2.1 ASSUMPTIONS
TABLE 33 ASSUMPTIONS: BY ENERGY DENSITY
9.3 RESEARCH METHODOLOGY
9.4 <450 WH/KG
9.4.1 USE OF SOLID-STATE BATTERIES WITH ENERGY DENSITY <450 WH/KG
IN LOWER-END ELECTRIC VEHICLES WILL BOOST THIS SEGMENT
TABLE 34 <450 WH/KG: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
9.5 >450 WH/KG
9.5.1 DEMAND FOR HIGH-END VEHICLES WILL BOOST THIS SEGMENT
TABLE 35 >450 WH/KG: SOLID-STATE BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
9.6 KEY PRIMARY INSIGHTS
10 SOLID-STATE CAR BATTERY MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 32 ASIA PACIFIC IS ESTIMATED TO BE THE LARGEST MARKET FOR SOLID-STATE CAR BATTERIES DURING THE FORECAST PERIOD (2025–2030)
TABLE 36 SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
10.2 ASIA PACIFIC
FIGURE 33 ASIA PACIFIC: SOLID-STATE CAR BATTERY MARKET SNAPSHOT, 2025-2030
TABLE 37 ASIA PACIFIC: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.2.1 CHINA
10.2.1.1 Increased investment in charging infrastructure will uplift the market
TABLE 38 CHINA: CURRENT AND UPCOMING PROJECTS FOR SOLID-STATE BATTERIES
TABLE 39 CHINA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.2 INDIA
10.2.2.1 Government initiatives to boost the demand
TABLE 40 INDIA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.3 JAPAN
10.2.3.1 Advancement in battery technology will boost the demand
FIGURE 34 JAPAN: PATENT APPLICATIONS FOR SSB BY TOYOTA AND OTHER KEY PLAYERS, 2014–2019
TABLE 41 JAPAN: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.4 SOUTH KOREA
10.2.4.1 Increased investment in electric vehicles will boost the demand
TABLE 42 SOUTH KOREA: TOP BATTERY SUPPLIERS AND CONSUMER OEMS
TABLE 43 SOUTH KOREA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3 EUROPE
FIGURE 35 EUROPE: GERMANY TO BE THE LEADING SOLID-STATE CAR BATTERY MARKET
TABLE 44 EUROPE: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.3.1 FRANCE
10.3.1.1 Government offering purchase grants will boost the demand
TABLE 45 FRANCE: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.2 GERMANY
10.3.2.1 Rise in sales of hybrid vehicles by domestic players will boost the demand
TABLE 46 GERMANY: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.3 NETHERLANDS
10.3.3.1 Government focus on greener vehicles will boost the demand
TABLE 47 NETHERLANDS: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.4 NORWAY
10.3.4.1 Emergence of e-mobility will boost the demand
TABLE 48 NORWAY: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.5 UK
10.3.5.1 Country’s investment toward ultra-low emission vehicles will boost the demand
TABLE 49 UK: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.6 SPAIN
10.3.6.1 Increasing investments in EVs will uplift the market
TABLE 50 SPAIN: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.4 NORTH AMERICA
FIGURE 36 NORTH AMERICA: SOLID-STATE CAR BATTERY MARKET
SNAPSHOT (2025-2030)
TABLE 51 NORTH AMERICA: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.4.1 CANADA
10.4.1.1 Development in electric vehicles infrastructure boosting the demand
TABLE 52 CANADA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.4.2 US
10.4.2.1 Increasing production capacity of electric vehicles will uplift the market
TABLE 53 US: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5 MIDDLE EAST & AFRICA
FIGURE 37 THE UAE TO BE THE LARGEST MARKET IN THE MEA REGION
TABLE 54 MIDDLE EAST & AFRICA: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.5.1 UAE
10.5.1.1 Government support will increase the demand for EVs in the market
TABLE 55 UAE: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5.2 EGYPT
10.5.2.1 Increase in development in electric vehicles’ infrastructure boosting the demand
TABLE 56 EGYPT: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5.3 SOUTH AFRICA
10.5.3.1 Increasing EV imports and popularization of EV charging stations to fuel the EV market growth
TABLE 57 SOUTH AFRICA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET RANKING ANALYSIS FOR SOLID-STATE CAR BATTERIES
FIGURE 38 MARKET RANKING ANALYSIS, 2021
11.3 COMPETITIVE SCENARIO
11.3.1 DEALS
TABLE 58 DEALS, 2018–2021
11.3.2 NEW PRODUCT DEVELOPMENTS
TABLE 59 NEW PRODUCT DEVELOPMENTS, 2018–2021
11.4 COMPETITIVE LEADERSHIP MAPPING FOR THE SOLID-STATE CAR BATTERY MARKET
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE
11.4.4 EMERGING COMPANIES
FIGURE 39 SOLID-STATE CAR BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TOP SOLID-STATE CAR BATTERY MARKET MANUFACTURERS, 2021
TABLE 60 SOLID-STATE CAR BATTERY MARKET: COMPANY FOOTPRINT FOR TOP
SOLID-STATE CAR BATTERY COMPANIES, 2021
TABLE 61 SOLID-STATE CAR BATTERY MARKET: COMPANY APPLICATION FOOTPRINT FOR TOP SOLID-STATE CAR BATTERY COMPANIES, 2021
TABLE 62 SOLID-STATE CAR BATTERY MARKET: REGIONAL FOOTPRINT FOR TOP
SOLID-STATE CAR BATTERY COMPANIES, 2021
FIGURE 40 SOLID-STATE CAR BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR NEW PLAYERS, 2021
11.5 RIGHT TO WIN, 2018-2021
TABLE 63 RIGHT TO WIN, 2018-2021
12 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
12.1 KEY PLAYERS
12.1.1 TOYOTA MOTOR CORPORATION
TABLE 64 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 41 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 42 TOYOTA MOTOR CORPORATION: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 65 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 66 TOYOTA MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 67 TOYOTA MOTOR CORPORATION: DEALS
12.1.2 SOLID POWER
TABLE 68 SOLID POWER: BUSINESS OVERVIEW
TABLE 69 SOLID POWER: PRODUCTS OFFERED
TABLE 70 SOLID POWER: NEW PRODUCT DEVELOPMENTS
TABLE 71 SOLID POWER: DEALS
12.1.3 QUANTUMSCAPE
TABLE 72 QUANTUMSCAPE: BUSINESS OVERVIEW
TABLE 73 QUANTUMSCAPE: PRODUCTS OFFERED
TABLE 74 QUANTUMSCAPE: NEW PRODUCT DEVELOPMENTS
TABLE 75 QUANTUMSCAPE: DEALS
12.1.4 SAMSUNG SDI
TABLE 76 SAMSUNG SDI: BUSINESS OVERVIEW
FIGURE 43 SAMSUNG SDI: COMPANY SNAPSHOT
FIGURE 44 SAMSUNG SDI: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 77 SAMSUNG SDI: PRODUCTS OFFERED
TABLE 78 SAMSUNG SDI: NEW PRODUCT DEVELOPMENTS
TABLE 79 SAMSUNG SDI: DEALS
12.1.5 LG CHEM
TABLE 80 LG CHEM: BUSINESS OVERVIEW
FIGURE 45 LG CHEM: COMPANY SNAPSHOT
FIGURE 46 LG CHEM: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 81 LG CHEM: PRODUCTS OFFERED
TABLE 82 LG CHEM: NEW PRODUCT DEVELOPMENTS
12.1.6 ILIKA
TABLE 83 ILIKA: BUSINESS OVERVIEW
FIGURE 47 ILIKA: COMPANY SNAPSHOT
FIGURE 48 ILIKA: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 84 ILIKA: PRODUCTS OFFERED
TABLE 85 ILIKA: NEW PRODUCT DEVELOPMENTS
TABLE 86 ILIKA: DEALS
12.1.7 BRIGHTVOLT
TABLE 87 BRIGHTVOLT: BUSINESS OVERVIEW
TABLE 88 BRIGHTVOLT: PRODUCTS OFFERED
12.1.8 PANASONIC
TABLE 89 PANASONIC: BUSINESS OVERVIEW
FIGURE 49 PANASONIC: COMPANY SNAPSHOT
FIGURE 50 PANASONIC: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 90 PANASONIC: PRODUCTS OFFERED
TABLE 91 PANASONIC: NEW PRODUCT DEVELOPMENTS
TABLE 92 PANASONIC: DEALS
12.1.9 CATL
TABLE 93 CATL: BUSINESS OVERVIEW
FIGURE 51 CATL: COMPANY SNAPSHOT
TABLE 94 CATL: PRODUCTS OFFERED
TABLE 95 CATL: NEW PRODUCT DEVELOPMENTS
TABLE 96 CATL: DEALS
12.1.10 IONIQ MATERIALS
TABLE 97 IONIQ MATERIALS: BUSINESS OVERVIEW
TABLE 98 IONIQ MATERIALS: PRODUCTS OFFERED
TABLE 99 IONIQ MATERIALS: DEALS
12.1.11 NORTHVOLT
TABLE 100 NORTHVOLT: BUSINESS OVERVIEW
TABLE 101 NORTHVOLT: PRODUCTS OFFERED
TABLE 102 NORTHVOLT: NEW PRODUCT DEVELOPMENTS
TABLE 103 NORTHVOLT: DEALS
12.1.12 CYMBET
TABLE 104 CYMBET: BUSINESS OVERVIEW
TABLE 105 CYMBET: PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 GENERAL MOTORS
TABLE 106 GENERAL MOTORS: BUSINESS OVERVIEW
12.2.2 RENAULT GROUP
TABLE 107 RENAULT GROUP: BUSINESS OVERVIEW
12.2.3 STELLANTIS N.V.
TABLE 108 STELLANTIS N.V.: BUSINESS OVERVIEW
12.2.4 KIA MOTORS
TABLE 109 KIA MOTORS: BUSINESS OVERVIEW
12.2.5 MITSUBISHI MOTORS
TABLE 110 MITSUBISHI MOTORS: BUSINESS OVERVIEW
12.2.6 VOLKSWAGEN AG
TABLE 111 VOLKSWAGEN AG: BUSINESS OVERVIEW
12.2.7 FORD MOTOR COMPANY
TABLE 112 FORD MOTOR COMPANY: BUSINESS OVERVIEW
12.2.8 BYD
TABLE 113 BYD: BUSINESS OVERVIEW
12.2.9 HYUNDAI GROUP
TABLE 114 HYUNDAI GROUP: BUSINESS OVERVIEW
12.2.10 SK INNOVATION
TABLE 115 SK INNOVATION: BUSINESS OVERVIEW
12.2.11 DYSON
TABLE 116 DYSON: BUSINESS OVERVIEW
12.2.12 PRIETO BATTERY
TABLE 117 PRIETO BATTERY: BUSINESS OVERVIEW
12.2.13 STOREDOT
TABLE 118 STOREDOT: BUSINESS OVERVIEW
13 RECOMMENDATIONS BY MARKETSANDMARKETS
13.1 CHINA, JAPAN, SOUTH KOREA, GERMANY, FRANCE, THE UK, AND THE US ARE KEY FOCUS AREAS FOR THE SOLID-STATE CAR BATTERY MARKET
13.2 TECHNOLOGICAL ADVANCEMENTS TO HELP DEVELOP A MARKET FOR THE PASSENGER CAR SEGMENT
13.3 CONCLUSION
14 APPENDIX
14.1 KEY INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS IN THE SOLID-STATE CAR BATTERY MARKET
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 PACKAGE SIZE
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.1 List of primary participants
2.2 MARKET ESTIMATION METHODOLOGY
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 5 GLOBAL SOLID-STATE CAR BATTERY MARKET SIZE: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR THE SOLID-STATE CAR BATTERY MARKET: TOP-DOWN APPROACH
FIGURE 7 SOLID-STATE CAR BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 8 RESEARCH APPROACH: SOLID-STATE CAR BATTERY MARKET
FIGURE 9 SOLID-STATE CAR BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY – DEMAND SIDE
2.3.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
2.4 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 11 SOLID-STATE CAR BATTERY MARKET OVERVIEW
FIGURE 12 SOLID-STATE CAR BATTERY MARKET, BY REGION, 2025–2030 (UNITS)
FIGURE 13 SOLID-STATE BATTERY TRENDS WOULD CREATE A SHIFT IN REVENUE MIX IN THE COMING YEARS
FIGURE 14 THE BATTERY ELECTRIC VEHICLES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2025–2030)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE SOLID-STATE CAR BATTERY MARKET
FIGURE 15 INCREASING DEMAND FOR LONG-RANGE ZERO-EMISSION COMMUTING TO DRIVE THE MARKET
4.2 SOLID-STATE CAR BATTERY MARKET GROWTH RATE, BY REGION
FIGURE 16 ASIA PACIFIC PROJECTED TO BE THE LARGEST MARKET DURING THE FORECAST PERIOD
4.3 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE
FIGURE 17 THE PASSENGER CAR SEGMENT TO BE A LARGER SEGMENT DURING THE FORECAST PERIOD (2025–2030)
4.4 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION
FIGURE 18 THE BATTERY ELECTRIC VEHICLE SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2025–2030)
4.5 SOLID-STATE CAR BATTERY MARKET, BY BATTERY ENERGY DENSITY
FIGURE 19 THE <450 WH/KG SEGMENT TO BE A LARGER SEGMENT DURING THE FORECAST PERIOD (2025–2030)
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 SOLID-STATE CAR BATTERY MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Faster charging compared to lithium-ion batteries while using the same EV charging mode is expected to increase the demand for solid-state car batteries
FIGURE 21 EV CHARGING TIME OF LITHIUM-ION BATTERIES
5.2.1.2 Higher capacity in solid-state batteries resulting in increased EV range leading to higher demand
TABLE 2 COMPARISON BETWEEN LITHIUM ION AND SOLID-STATE BATTERIES
5.2.1.3 Lower chance of overheating as compared to lithium-ion batteries makes solid-state batteries safer
TABLE 3 ADVANTAGES OFFERED BY SOLID-STATE BATTERIES OVER LITHIUM-ION BATTERIES IN EVS
5.2.2 RESTRAINTS
5.2.2.1 Higher cost compared to conventional EV batteries
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for EVs expected to drive the demand for solid-state batteries
FIGURE 22 GLOBAL SALES OF BATTERY ELECTRIC VEHICLES, 2017-2020 (THOUSAND UNITS)
5.2.3.2 Government initiatives pertaining to EVs expected to increase the demand for solid-state batteries
FIGURE 23 EUROPEAN GOVERNMENT SUBSIDY SCHEMES FOR EVS
5.2.3.3 Increase in R&D investments expected to lead to an increase in demand for solid-state batteries
5.2.4 CHALLENGES
5.2.4.1 Technological barriers in the development of solid-state batteries
TABLE 4 CRITICAL GAPS IN THE DEVELOPMENT OF SOLID-STATE BATTERIES
FOR USE IN AUTOMOTIVE
5.2.4.2 Hard ceramics used for the development of solid-state batteries are brittle and have problems with mechanical stress
TABLE 5 SOLID-STATE CAR BATTERY MARKET: IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 24 PORTER’S FIVE FORCES: SOLID-STATE CAR BATTERY MARKET
TABLE 6 SOLID-STATE CAR BATTERY MARKET: IMPACT OF PORTER’S 5 FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 RIVALRY AMONG EXISTING COMPETITORS
5.4 SOLID-STATE CAR BATTERY MARKET ECOSYSTEM
FIGURE 25 SOLID-STATE CAR BATTERY MARKET: ECOSYSTEM ANALYSIS
5.4.1 EV CHARGING PROVIDERS
5.4.2 TIER 1 SUPPLIERS (EV BATTERY SUPPLIERS)
5.4.3 OEMS
5.4.4 END USERS
TABLE 7 SOLID-STATE CAR BATTERY MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS OF SOLID-STATE CAR BATTERY MARKET
5.6 PATENT ANALYSIS
TABLE 8 IMPORTANT PATENT REGISTRATIONS RELATED TO THE SOLID-STATE CAR BATTERY MARKET
5.7 CASE STUDY
5.7.1 A PERFORMANCE AND COST OVERVIEW OF SELECTED SOLID-STATE ELECTROLYTES: RACE BETWEEN POLYMER ELECTROLYTES AND INORGANIC SULFIDE ELECTROLYTES
5.8 REGULATORY OVERVIEW
5.8.1 NETHERLANDS
TABLE 9 NETHERLANDS: ELECTRIC VEHICLE INCENTIVES
TABLE 10 NETHERLANDS: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.2 GERMANY
TABLE 11 GERMANY: ELECTRIC VEHICLE INCENTIVES
TABLE 12 GERMANY: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.3 FRANCE
TABLE 13 FRANCE: ELECTRIC VEHICLE INCENTIVES
TABLE 14 FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.4 UK
TABLE 15 UK: ELECTRIC VEHICLE INCENTIVES
TABLE 16 UK: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.5 CHINA
TABLE 17 CHINA: ELECTRIC VEHICLE INCENTIVES
TABLE 18 CHINA: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.8.6 US
TABLE 19 US: ELECTRIC VEHICLE INCENTIVES
TABLE 20 US: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.9 SOLID-STATE CAR BATTERY MARKET, SCENARIOS (2025–2030)
5.9.1 SOLID-STATE CAR BATTERY MARKET, MOST LIKELY SCENARIO
FIGURE 27 SOLID-STATE CAR BATTERY MARKET – FUTURE TRENDS & SCENARIO, 2025–2030 (THOUSAND UNITS)
5.9.2 SOLID-STATE CAR BATTERY MARKET, OPTIMISTIC SCENARIO
TABLE 21 SOLID-STATE CAR BATTERY MARKET (OPTIMISTIC), BY REGION, 2025–2030 (THOUSAND UNITS)
5.9.3 SOLID-STATE CAR BATTERY MARKET, PESSIMISTIC SCENARIO
TABLE 22 SOLID-STATE CAR BATTERY MARKET (PESSIMISTIC), BY REGION, 2025–2030 (THOUSAND UNITS)
6 SOLID-STATE CAR BATTERY MARKET, BY COMPONENT
6.1 INTRODUCTION
TABLE 23 SOLID-STATE CAR BATTERY MARKET: CURRENT DEVELOPMENT SCENARIO
6.2 CATHODE
6.2.1 OXIDE CATHODE
6.2.2 PHOSPHATE CATHODE
6.3 ELECTROLYTE
6.3.1 POLYMER ELECTROLYTE
6.3.2 CERAMIC ELECTROLYTE
FIGURE 28 COMPARISON OF ELECTROLYTES FOR SSBS
6.4 ANODE
6.4.1 CARBON-BASED ANODE
6.4.2 LITHIUM METAL-BASED ANODE
6.5 KEY PRIMARY INSIGHTS
7 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE
7.1 INTRODUCTION
TABLE 24 AUTOMOTIVE SOLID-STATE BATTERY MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)
FIGURE 29 THE PASSENGER CARS SEGMENT IS EXPECTED TO LEAD THE MARKET
FROM 2025–2030
7.2 OPERATIONAL DATA
7.2.1 ASSUMPTIONS
TABLE 25 ASSUMPTIONS: BY VEHICLE TYPE
7.3 RESEARCH METHODOLOGY
7.4 PASSENGER CARS
7.4.1 GROWING EMISSION NORMS WILL BOOST THE DEMAND FOR PASSENGER CARS
TABLE 26 AUTOMOTIVE SOLID-STATE BATTERY MARKET IN PASSENGER CARS, BY REGION, 2023–2030 (UNITS)
7.5 COMMERCIAL VEHICLES
7.5.1 GROWTH OF E-COMMERCE AND LOGISTICS WILL BOOST THIS SEGMENT
TABLE 27 AUTOMOTIVE SOLID-STATE CAR BATTERY MARKET IN COMMERCIAL VEHICLES, BY REGION, 2023–2030 (UNITS)
7.6 KEY PRIMARY INSIGHTS
8 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION
8.1 INTRODUCTION
TABLE 28 SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
FIGURE 30 BEV SEGMENT IS EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD (2025-2030)
8.2 OPERATIONAL DATA
8.2.1 ASSUMPTIONS
TABLE 29 ASSUMPTIONS: BY PROPULSION TYPE
8.3 RESEARCH METHODOLOGY
8.4 BATTERY ELECTRIC VEHICLE (BEV)
8.4.1 INCREASE IN VEHICLE RANGE PER CHARGE WILL INCREASE THE DEMAND FOR SOLID-STATE CAR BATTERIES IN ELECTRIC VEHICLES
TABLE 30 BEV: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
8.5 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
8.5.1 GOVERNMENTS PROVIDING TAX BENEFITS AND INCENTIVES WILL BOOST THIS SEGMENT
TABLE 31 PHEV: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
8.6 KEY PRIMARY INSIGHTS
9 SOLID-STATE CAR BATTERY MARKET, BY BATTERY ENERGY DENSITY
9.1 INTRODUCTION
TABLE 32 SOLID-STATE CAR BATTERY MARKET, BY BATTERY DENSITY, 2023–2030 (UNITS)
FIGURE 31 <450 WH/KG SEGMENT IS EXPECTED TO LEAD THE MARKET DURING
THE FORECAST PERIOD (2025-2030)
9.2 OPERATIONAL DATA
9.2.1 ASSUMPTIONS
TABLE 33 ASSUMPTIONS: BY ENERGY DENSITY
9.3 RESEARCH METHODOLOGY
9.4 <450 WH/KG
9.4.1 USE OF SOLID-STATE BATTERIES WITH ENERGY DENSITY <450 WH/KG
IN LOWER-END ELECTRIC VEHICLES WILL BOOST THIS SEGMENT
TABLE 34 <450 WH/KG: SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
9.5 >450 WH/KG
9.5.1 DEMAND FOR HIGH-END VEHICLES WILL BOOST THIS SEGMENT
TABLE 35 >450 WH/KG: SOLID-STATE BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
9.6 KEY PRIMARY INSIGHTS
10 SOLID-STATE CAR BATTERY MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 32 ASIA PACIFIC IS ESTIMATED TO BE THE LARGEST MARKET FOR SOLID-STATE CAR BATTERIES DURING THE FORECAST PERIOD (2025–2030)
TABLE 36 SOLID-STATE CAR BATTERY MARKET, BY REGION, 2023–2030 (UNITS)
10.2 ASIA PACIFIC
FIGURE 33 ASIA PACIFIC: SOLID-STATE CAR BATTERY MARKET SNAPSHOT, 2025-2030
TABLE 37 ASIA PACIFIC: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.2.1 CHINA
10.2.1.1 Increased investment in charging infrastructure will uplift the market
TABLE 38 CHINA: CURRENT AND UPCOMING PROJECTS FOR SOLID-STATE BATTERIES
TABLE 39 CHINA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.2 INDIA
10.2.2.1 Government initiatives to boost the demand
TABLE 40 INDIA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.3 JAPAN
10.2.3.1 Advancement in battery technology will boost the demand
FIGURE 34 JAPAN: PATENT APPLICATIONS FOR SSB BY TOYOTA AND OTHER KEY PLAYERS, 2014–2019
TABLE 41 JAPAN: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.2.4 SOUTH KOREA
10.2.4.1 Increased investment in electric vehicles will boost the demand
TABLE 42 SOUTH KOREA: TOP BATTERY SUPPLIERS AND CONSUMER OEMS
TABLE 43 SOUTH KOREA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3 EUROPE
FIGURE 35 EUROPE: GERMANY TO BE THE LEADING SOLID-STATE CAR BATTERY MARKET
TABLE 44 EUROPE: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.3.1 FRANCE
10.3.1.1 Government offering purchase grants will boost the demand
TABLE 45 FRANCE: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.2 GERMANY
10.3.2.1 Rise in sales of hybrid vehicles by domestic players will boost the demand
TABLE 46 GERMANY: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.3 NETHERLANDS
10.3.3.1 Government focus on greener vehicles will boost the demand
TABLE 47 NETHERLANDS: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.4 NORWAY
10.3.4.1 Emergence of e-mobility will boost the demand
TABLE 48 NORWAY: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.5 UK
10.3.5.1 Country’s investment toward ultra-low emission vehicles will boost the demand
TABLE 49 UK: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.3.6 SPAIN
10.3.6.1 Increasing investments in EVs will uplift the market
TABLE 50 SPAIN: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.4 NORTH AMERICA
FIGURE 36 NORTH AMERICA: SOLID-STATE CAR BATTERY MARKET
SNAPSHOT (2025-2030)
TABLE 51 NORTH AMERICA: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.4.1 CANADA
10.4.1.1 Development in electric vehicles infrastructure boosting the demand
TABLE 52 CANADA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.4.2 US
10.4.2.1 Increasing production capacity of electric vehicles will uplift the market
TABLE 53 US: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5 MIDDLE EAST & AFRICA
FIGURE 37 THE UAE TO BE THE LARGEST MARKET IN THE MEA REGION
TABLE 54 MIDDLE EAST & AFRICA: SOLID-STATE CAR BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)
10.5.1 UAE
10.5.1.1 Government support will increase the demand for EVs in the market
TABLE 55 UAE: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5.2 EGYPT
10.5.2.1 Increase in development in electric vehicles’ infrastructure boosting the demand
TABLE 56 EGYPT: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
10.5.3 SOUTH AFRICA
10.5.3.1 Increasing EV imports and popularization of EV charging stations to fuel the EV market growth
TABLE 57 SOUTH AFRICA: SOLID-STATE CAR BATTERY MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET RANKING ANALYSIS FOR SOLID-STATE CAR BATTERIES
FIGURE 38 MARKET RANKING ANALYSIS, 2021
11.3 COMPETITIVE SCENARIO
11.3.1 DEALS
TABLE 58 DEALS, 2018–2021
11.3.2 NEW PRODUCT DEVELOPMENTS
TABLE 59 NEW PRODUCT DEVELOPMENTS, 2018–2021
11.4 COMPETITIVE LEADERSHIP MAPPING FOR THE SOLID-STATE CAR BATTERY MARKET
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE
11.4.4 EMERGING COMPANIES
FIGURE 39 SOLID-STATE CAR BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TOP SOLID-STATE CAR BATTERY MARKET MANUFACTURERS, 2021
TABLE 60 SOLID-STATE CAR BATTERY MARKET: COMPANY FOOTPRINT FOR TOP
SOLID-STATE CAR BATTERY COMPANIES, 2021
TABLE 61 SOLID-STATE CAR BATTERY MARKET: COMPANY APPLICATION FOOTPRINT FOR TOP SOLID-STATE CAR BATTERY COMPANIES, 2021
TABLE 62 SOLID-STATE CAR BATTERY MARKET: REGIONAL FOOTPRINT FOR TOP
SOLID-STATE CAR BATTERY COMPANIES, 2021
FIGURE 40 SOLID-STATE CAR BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR NEW PLAYERS, 2021
11.5 RIGHT TO WIN, 2018-2021
TABLE 63 RIGHT TO WIN, 2018-2021
12 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
12.1 KEY PLAYERS
12.1.1 TOYOTA MOTOR CORPORATION
TABLE 64 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
FIGURE 41 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 42 TOYOTA MOTOR CORPORATION: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 65 TOYOTA MOTOR CORPORATION: PRODUCTS OFFERED
TABLE 66 TOYOTA MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 67 TOYOTA MOTOR CORPORATION: DEALS
12.1.2 SOLID POWER
TABLE 68 SOLID POWER: BUSINESS OVERVIEW
TABLE 69 SOLID POWER: PRODUCTS OFFERED
TABLE 70 SOLID POWER: NEW PRODUCT DEVELOPMENTS
TABLE 71 SOLID POWER: DEALS
12.1.3 QUANTUMSCAPE
TABLE 72 QUANTUMSCAPE: BUSINESS OVERVIEW
TABLE 73 QUANTUMSCAPE: PRODUCTS OFFERED
TABLE 74 QUANTUMSCAPE: NEW PRODUCT DEVELOPMENTS
TABLE 75 QUANTUMSCAPE: DEALS
12.1.4 SAMSUNG SDI
TABLE 76 SAMSUNG SDI: BUSINESS OVERVIEW
FIGURE 43 SAMSUNG SDI: COMPANY SNAPSHOT
FIGURE 44 SAMSUNG SDI: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 77 SAMSUNG SDI: PRODUCTS OFFERED
TABLE 78 SAMSUNG SDI: NEW PRODUCT DEVELOPMENTS
TABLE 79 SAMSUNG SDI: DEALS
12.1.5 LG CHEM
TABLE 80 LG CHEM: BUSINESS OVERVIEW
FIGURE 45 LG CHEM: COMPANY SNAPSHOT
FIGURE 46 LG CHEM: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 81 LG CHEM: PRODUCTS OFFERED
TABLE 82 LG CHEM: NEW PRODUCT DEVELOPMENTS
12.1.6 ILIKA
TABLE 83 ILIKA: BUSINESS OVERVIEW
FIGURE 47 ILIKA: COMPANY SNAPSHOT
FIGURE 48 ILIKA: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 84 ILIKA: PRODUCTS OFFERED
TABLE 85 ILIKA: NEW PRODUCT DEVELOPMENTS
TABLE 86 ILIKA: DEALS
12.1.7 BRIGHTVOLT
TABLE 87 BRIGHTVOLT: BUSINESS OVERVIEW
TABLE 88 BRIGHTVOLT: PRODUCTS OFFERED
12.1.8 PANASONIC
TABLE 89 PANASONIC: BUSINESS OVERVIEW
FIGURE 49 PANASONIC: COMPANY SNAPSHOT
FIGURE 50 PANASONIC: SOLID-STATE CAR BATTERY PATENT COUNT
TABLE 90 PANASONIC: PRODUCTS OFFERED
TABLE 91 PANASONIC: NEW PRODUCT DEVELOPMENTS
TABLE 92 PANASONIC: DEALS
12.1.9 CATL
TABLE 93 CATL: BUSINESS OVERVIEW
FIGURE 51 CATL: COMPANY SNAPSHOT
TABLE 94 CATL: PRODUCTS OFFERED
TABLE 95 CATL: NEW PRODUCT DEVELOPMENTS
TABLE 96 CATL: DEALS
12.1.10 IONIQ MATERIALS
TABLE 97 IONIQ MATERIALS: BUSINESS OVERVIEW
TABLE 98 IONIQ MATERIALS: PRODUCTS OFFERED
TABLE 99 IONIQ MATERIALS: DEALS
12.1.11 NORTHVOLT
TABLE 100 NORTHVOLT: BUSINESS OVERVIEW
TABLE 101 NORTHVOLT: PRODUCTS OFFERED
TABLE 102 NORTHVOLT: NEW PRODUCT DEVELOPMENTS
TABLE 103 NORTHVOLT: DEALS
12.1.12 CYMBET
TABLE 104 CYMBET: BUSINESS OVERVIEW
TABLE 105 CYMBET: PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 GENERAL MOTORS
TABLE 106 GENERAL MOTORS: BUSINESS OVERVIEW
12.2.2 RENAULT GROUP
TABLE 107 RENAULT GROUP: BUSINESS OVERVIEW
12.2.3 STELLANTIS N.V.
TABLE 108 STELLANTIS N.V.: BUSINESS OVERVIEW
12.2.4 KIA MOTORS
TABLE 109 KIA MOTORS: BUSINESS OVERVIEW
12.2.5 MITSUBISHI MOTORS
TABLE 110 MITSUBISHI MOTORS: BUSINESS OVERVIEW
12.2.6 VOLKSWAGEN AG
TABLE 111 VOLKSWAGEN AG: BUSINESS OVERVIEW
12.2.7 FORD MOTOR COMPANY
TABLE 112 FORD MOTOR COMPANY: BUSINESS OVERVIEW
12.2.8 BYD
TABLE 113 BYD: BUSINESS OVERVIEW
12.2.9 HYUNDAI GROUP
TABLE 114 HYUNDAI GROUP: BUSINESS OVERVIEW
12.2.10 SK INNOVATION
TABLE 115 SK INNOVATION: BUSINESS OVERVIEW
12.2.11 DYSON
TABLE 116 DYSON: BUSINESS OVERVIEW
12.2.12 PRIETO BATTERY
TABLE 117 PRIETO BATTERY: BUSINESS OVERVIEW
12.2.13 STOREDOT
TABLE 118 STOREDOT: BUSINESS OVERVIEW
13 RECOMMENDATIONS BY MARKETSANDMARKETS
13.1 CHINA, JAPAN, SOUTH KOREA, GERMANY, FRANCE, THE UK, AND THE US ARE KEY FOCUS AREAS FOR THE SOLID-STATE CAR BATTERY MARKET
13.2 TECHNOLOGICAL ADVANCEMENTS TO HELP DEVELOP A MARKET FOR THE PASSENGER CAR SEGMENT
13.3 CONCLUSION
14 APPENDIX
14.1 KEY INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
