Solid State Battery Market: More than 99% of the demand for solid-state batteries will be for electric vehicles

Solid State Battery Market

Market Synopsis:

Global Solid State Battery market is valued at USD 84.26.02 Million in 2021 and is projected to attain a value of USD 721.35 Million by 2028 at a CAGR of 35.9% during the forecast period, 2022–2028. Solid State Battery has caught the attention of consumers in the last decade. Solid State Battery shows great potential for high energy storage capacity with its large surface area and higher ionic conductivity compared to that of liquid electrolyte counterpart. Some of the major factors that are driving this market are rise in demand for electric vehicles (EVs), growing use of renewable energy storage, need for better performing batteries etc. Factors such as lengthy charging time and lack of enough charging stations have been hindering the growth of consumer electronic devices industry.

To have a better understanding of the report’s structure, download a PDF sample copy: https://www.vantagemarketresearch.com/solid-state-battery-market-1176/request-sample

Market Segmentation:

Global Solid State Battery market is segmented by Type (Single-cell and Multi-cell Battery), Rechargeability, Capacity, Application (Consumer Electronics, Electric Vehicles, Energy Harvesting, Medical Devices, Packaging, Wireless Sensors), Region. Asia Pacific is projected to grow at the highest CAGR during forecast period, 2022–2028.

Asia Pacific to Witness Fastest Growth in Solid State Battery Market

Over the past few years, the price of traditional consumer electronics has been decreasing. In order to capture attention of consumers, device manufacturers continuously pursue improvement of product performance and need Solid State Battery as a energy storage solution. Asia-Pacific region is the fastest growing market for solid state batteries due to rapidly increasing penetration rate of smartphones and other related devices. Moreover, it is one of top two regions with fast adoption rate of smartphone, tablet computers and medical devices. This trend will lead to increase demand from Solid State Battery market in Asia Pacific.

Read Full Report: https://www.vantagemarketresearch.com/industry-report/solid-state-battery-market-1176

Key Players:

Robert Bosch (Germany), Cymbet (US), Solid Power (US), Toyota Motor (Japan), BrightVolt (US), and Excellatron Solid State (US).

About the Authors:

Vantage Market Research is a firm dedicated to delivering high-quality data and market research. The firm offers quantitative, high-quality B2B research on over 20,000 emerging markets. The firm provides in-depth reports on a variety of industries, including chemical materials and energy, food and drinks, healthcare, technology, and so on. Every year, the organisation adds more than 1,100 market research papers to its huge database, which employs over 125 analysts and consultants. The company’s customer includes 70% of the Fortune 500 corporations in the world.

Read More: 

https://www.viv.net/articles/news/floating-lng-power-vessel-market-huge-growth-is-expected-in-near-future-deep-analysis-of-key-vendor-key-players-upcoming-trends-

https://www.viv.net/articles/news/food-authenticity-testing-market-driving-growth-around-the-world-sales-forecasts-by-region-2022-2028-market-insights-deep-analys

https://www.viv.net/articles/news/floating-power-plant-market-is-set-to-expand-at-a-strong-pace-in-2022-2028-future-demand-and-global-insights-qualitative-analysi

https://www.viv.net/articles/news/floating-production-storage-and-offloading-market-looks-forward-to-strong-growth-with-innovative-strategies-competitive-scenario

https://www.viv.net/articles/news/lubricants-test-market-huge-growth-is-expected-in-near-future-deep-analysis-of-key-vendor-key-players-upcoming-trends-in-the-ind

https://www.viv.net/articles/news/fishing-nets-market-to-eyewitness-astonishing-growth-by-2028-gross-margin-emerging-trends-analysis-by-top-leading-player-and-for

Related Post
Integrated Vehicle Health Management Market: The growing number of connected vehicles and the increasing stringency of vehicle emissions and other regulations are driving the for integrated vehicle health management market.
Carbonated Soft Drinks (CSDs) Market: Rising popularity in soda drinks among younger generation age groups is playing a vital role in expanding the Carbonated Soft Drinks (CSDs) Market.
By 2028, the Asia Pacific and global drag reducing additives market share would have increased by 3.6 %, reaching USD 927 million
Electronic Access Control (EAC) Systems Market: The Electronic Access Control Systems industry is witnessing abundant growth in recent years and is likely to continue in the coming years as well.
By 2028, the market for military thermal weapon sights is expected to reach USD 21.32 billion.

Contact Information:

6218 Georgia Avenue NW Ste 1 - 564 Washington, DC 20011-5125 Phone: +1 (202) 380-9727 Toll Free Number: +1 (877) 500-9070 Email: sales@vantagemarketresearch.com