The Rest of World solid-state battery market is anticipated to experience robust growth, with a projected compound annual growth rate (CAGR) of 28.5% in value terms, reaching USD 99.1 million by 2029. Currently, many modern devices rely on liquid electrolyte batteries, known for their high-power density but also associated with risks like leakage and flammability. In response to these safety concerns, solid-state batteries have emerged as a viable alternative, although they exhibit lower ionic conductivity.
Despite this drawback, solid-state batteries are gaining momentum across industries such as consumer electronics and electric vehicles (EVs). The surge in the EV market, in particular, has created significant opportunities for solid-state batteries.
The market analysis segments the Rest of World solid-state battery market by battery type, including thin film battery, bulk batteries, and other types. In 2023, the thin film battery sector claimed the largest market share within the Rest of World solid-state battery industry.
The Rest of World solid-state battery market is segmented based on electrolyte type, including solid polymer, sulfide, oxide, and other types. Polymer electrolytes, which bridge the gap between liquid and fully solid electrolytes, exhibit similarities to liquid electrolytes but provide advantages such as cost-effectiveness and material flexibility. Projections suggest that the solid polymer segment is expected to grow at a compound annual growth rate (CAGR) of 27.6% from 2024 to 2029, indicating significant market expansion in this sector.
Key players shaping the competitive landscape of the solid-state battery market include Blue Electrolytes S.A., BrightVolt Inc., Contemporary Amperex Technology Co., Limited (CATL), BYD Company Limited, Ganfeng Lithium Group Co., Ltd., Hitachi Zosen Corporation, Ilika plc, ProLogium Technology Co., Ltd., Solid Power Inc., QuantumScape Corporation, QingTao (Kunshan) Energy Development Co., Ltd., SES AI Corporation, Jiawei Renewable Energy Co., Ltd., STMicroelectronics N.V., Factorial Inc., Ampcera Inc., Ionic Materials Inc., Ion Storage Systems, LLC, Beijing WeLion New Energy Technology Co., Ltd., PolyPlus Battery Company Inc., Ensurge Micropower ASA, 24M Technologies Inc., Toyota Motor Corporation, Panasonic Holdings Corporation, LG Chem Ltd., Samsung SDI Co., Ltd., SK Innovation Co., Ltd., Natron Inc., theion GmbH, Sakuu Corporation, StoreDot Ltd., FDK Corporation, Prieto Battery Inc., TDK Corporation, Taiyo Yuden Co., Ltd., Solvay S.A., and others.
This study aims to analyze the Rest of World market for various segments of solid-state battery, including:
Battery: Thin Film Battery, Bulk, and Other Batteries.
Electrolyte: Solid Polymer, Sulfide, Oxide, and Other Types.
End-User: Electric Vehicles, Electronic and Electrical, Energy Storage, Healthcare, and Other End-Users.
Region: Latin America, Middle East, and Africa.
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 6
Part 2. Scope and Methodology 7
Report Scope 8
Battery 8
Electrolyte 8
End-User 8
Region 8
Research Methodology 9
Part 3. Solid-State Battery Market Overview 11
Summary 11
Introduction 13
Part 4. Market Dynamics 14
Growth Drivers 14
Restraints and Challenges 14
Opportunities 14
Future Trends 15
Part 5. Rest of World Solid-State Battery Market by Battery 17
Thin Film Battery 20
Bulk Battery 21
Other Batteries 22
Part 6. Rest of World Solid-State Battery Market by Electrolyte 23
Solid Polymer 26
Sulfide 27
Oxide 28
Other Types 29
Part 7. Rest of World Solid-State Battery Market by End-User 30
Electric Vehicles 34
Electronic and Electrical 35
Energy Storage 36
Healthcare 37
Other End-Users 38
Part 8. Rest of World Solid-State Battery Market 39
Rest of World Solid-State Battery Market Size 39
Rest of World Solid-State Battery Market by Region 41
Latin America 44
Middle and Africa East 45
Part 9. Solid-State Battery Market Competitive Analysis 46
Global Solid-State Battery Market Competition Overview 46
Blue Solutions S.A. 48
Business Overview 48
Contact Information 48
Contemporary Amperex Technology Co., Limited (CATL) 49
Business Overview 49
Contact Information 51
BYD Company Limited 52
Business Overview 52
Contact Information 54
Ganfeng Lithium Group Co., Ltd. 55
Business Overview 55
Contact Information 57
Hitachi Zosen Corporation 58
Business Overview 58
Contact Information 60
Ilika plc 61
Business Overview 61
Contact Information 62
ProLogium Technology Co., Ltd. 63
Business Overview 63
Contact Information 63
Solid Power Inc. 64
Business Overview 64
Contact Information 65
STMicroelectronics N.V. 66
Business Overview 66
Contact Information 69
Other Leading Competitors 70
Disclaimer 71
FIGURES AND TABLES
Rest of World Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market by Battery, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market Share (%), by Battery, 2023/2029
Rest of World Solid-State Battery Market by Battery, CAGR Historic and Forecast, 2020-2029
Rest of World Solid-State Battery Market for Thin Film Battery: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Bulk Battery Type: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Other Type Batteries: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market by Electrolyte, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market Share (%), by Electrolyte, 2023/2029
Rest of World Solid-State Battery Market by Electrolyte, CAGR Historic and Forecast, 2020-2029
Rest of World Solid-State Battery Market for Solid Polymer Electrolyte: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Sulfide Electrolyte: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Oxide Electrolyte: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Other Types Electrolyte: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market by End-User, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market Share (%), by End-User, 2023/2029
Rest of World Solid-State Battery Market by End-User, CAGR Historic and Forecast, 2020-2029
Rest of World Solid-State Battery Market for Electric Vehicles: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Electronic and Electrical: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Energy Storage: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Healthcare: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market for Other End-Users: 2020-2029 (USD Million)
Rest of World Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market by Region, 2020-2029 (USD Million)
Rest of World Solid-State Battery Market Share (%), by Region, 2023/2029
Rest of World Solid-State Battery Market by Region, CAGR Historic and Forecast, 2020-2029
Latin America Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Middle and Africa East Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Global Solid-State Battery Market Share, by Top Players, 2023
Contemporary Amperex Technology Co., Limited (CATL) Financial Overview (CNY Million), 2019-2023
Contemporary Amperex Technology Co., Limited (CATL) Revenue, by Segment, 2023
Contemporary Amperex Technology Co., Limited (CATL) Revenue, by Product, 2023
Contemporary Amperex Technology Co., Limited (CATL) Revenue, by Region, 2023
BYD Company Limited Financial Overview (CNY Million), 2019-2023
BYD Company Limited Revenue, by Segment, 2023
BYD Company Limited Revenue, by Region, 2023
Ganfeng Lithium Group Co., Ltd. Financial Overview (CNY Million), 2019-2023
Ganfeng Lithium Group Co., Ltd. Revenue, by Segment, 2023
Ganfeng Lithium Group Co., Ltd. Revenue, by Types of Goods or Services, 2023
Ganfeng Lithium Group Co., Ltd. Revenue, by Region, 2023
Hitachi Zosen Corporation Financial Overview (JPY Million), 2019-2023
Hitachi Zosen Corporation Revenue, by Segment, 2023
Hitachi Zosen Corporation Revenue, by Region, 2023
Ilika plc Financial Overview (GBP Thousand), 2019-2023
Solid Power Inc. Financial Overview (USD Thousands), 2020-2023
STMicroelectronics N.V. Financial Overview (EUR Million), 2019-2023
STMicroelectronics N.V. Revenue, by Segment, 2023
STMicroelectronics N.V. Revenue, by Nature, 2023
STMicroelectronics N.V. Revenue, by Market Channel, 2023
STMicroelectronics N.V. Revenue, by Region, 2023