Global Solid State Battery Market is expected to reach $425.58 million by 2027 growing at a CAGR of 32.2% during 2018 to 2027.
Some of the key players in Solid State Battery Market include BASF, Toyota Motor Corporation, Apple, Bosch, BMW, Amprius, Infinite Power Solution, Cymbet, STMicroelectronics N.V., Aquion Energy, Dyson / Sakti3, Bolloré, Planar Energy Devices, Brightvolt Inc, Quantumscape Corporation, Solid Power, Excellatron Solid State LLC, and Altairnano.
Some of the key factors propelling the market growth are the increasing acceptance of electric vehicles, advancements in the field of solid state batteries, and miniaturization of electronic devices. However, complicated manufacturing process is the restraining factor for the growth of the market.
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The batteries which make use of solid electrodes and solid electrolytes, in place of the liquid or polymer electrolytes found in traditional lithium-ion or lithium polymer batteries are known as solid state batteries.
By capacity, the below 20 mAh segment is expected to grow at a significant market share during the forecast period because of its wide range of applications in miniature devices owing to its small size.
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On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the increasing demand for wearable devices in the countries of this region.
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• Secondary Battery
• Primary Battery
• Below 20 mAh
• 20 mAh – 300 mAh
• 301 mAh – 500 mAh
• Above 500 mAh
• Portable Battery
• Single-cell Battery
• Multi-cell Battery
• Thin Film
• Bulk Storage
• Lithium-Ion Battery
• Nickel-Metal Hybrid Battery
• Lithium Metal Battery
• Hospitals and Diagnostic Laboratories
• Energy Harvesting
• Wireless Sensors
• Electric Vehicles
• Portable Devices
• Smart Card
• Medical Devices
• Consumer Electronics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
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– Company profiling with detailed strategies, financials, and recent developments
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