The Europe solid-state battery market is anticipated to experience robust growth, with a projected compound annual growth rate (CAGR) of 32.2% in value terms, reaching USD 854.9 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 Europe 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 Europe solid-state battery industry.
The Europe 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 30.5% 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 Europe 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: Germany, France, UK, Italy, Spain, and Rest of Europe.
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 7
Part 2. Scope and Methodology 8
Report Scope 9
Battery 9
Electrolyte 9
End-User 9
Region 9
Research Methodology 11
Part 3. Solid-State Battery Market Overview 13
Summary 13
Introduction 15
Part 4. Market Dynamics 16
Growth Drivers 16
Restraints and Challenges 16
Opportunities 16
Future Trends 17
Part 5. Europe Solid-State Battery Market by Battery 19
Thin Film Battery 22
Bulk Battery 23
Other Batteries 24
Part 6. Europe Solid-State Battery Market by Electrolyte 25
Solid Polymer 28
Sulfide 29
Oxide 30
Other Types 31
Part 7. Europe Solid-State Battery Market by End-User 32
Electric Vehicles 36
Electronic and Electrical 37
Energy Storage 38
Healthcare 39
Other End-Users 40
Part 8. Europe Solid-State Battery Market 41
Europe Solid-State Battery Market Size 41
Europe Solid-State Battery Market by Region 43
Germany 46
UK 47
France 48
Italy 49
Spain 50
Rest of Europe 51
Part 9. Solid-State Battery Market Competitive Analysis 52
Global Solid-State Battery Market Competition Overview 52
Blue Solutions S.A. 54
Business Overview 54
Contact Information 54
Contemporary Amperex Technology Co., Limited (CATL) 55
Business Overview 55
Contact Information 57
BYD Company Limited 58
Business Overview 58
Contact Information 60
Ganfeng Lithium Group Co., Ltd. 61
Business Overview 61
Contact Information 63
Hitachi Zosen Corporation 64
Business Overview 64
Contact Information 66
Ilika plc 67
Business Overview 67
Contact Information 68
ProLogium Technology Co., Ltd. 69
Business Overview 69
Contact Information 69
Solid Power Inc. 70
Business Overview 70
Contact Information 71
STMicroelectronics N.V. 72
Business Overview 72
Contact Information 75
Other Leading Competitors 76
Disclaimer 77
FIGURES AND TABLES
Europe Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Europe Solid-State Battery Market by Battery, 2020-2029 (USD Million)
Europe Solid-State Battery Market Share (%), by Battery, 2023/2029
Europe Solid-State Battery Market by Battery, CAGR Historic and Forecast, 2020-2029
Europe Solid-State Battery Market for Thin Film Battery: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Bulk Battery Type: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Other Type Batteries: 2020-2029 (USD Million)
Europe Solid-State Battery Market by Electrolyte, 2020-2029 (USD Million)
Europe Solid-State Battery Market Share (%), by Electrolyte, 2023/2029
Europe Solid-State Battery Market by Electrolyte, CAGR Historic and Forecast, 2020-2029
Europe Solid-State Battery Market for Solid Polymer Electrolyte: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Sulfide Electrolyte: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Oxide Electrolyte: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Other Types Electrolyte: 2020-2029 (USD Million)
Europe Solid-State Battery Market by End-User, 2020-2029 (USD Million)
Europe Solid-State Battery Market Share (%), by End-User, 2023/2029
Europe Solid-State Battery Market by End-User, CAGR Historic and Forecast, 2020-2029
Europe Solid-State Battery Market for Electric Vehicles: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Electronic and Electrical: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Energy Storage: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Healthcare: 2020-2029 (USD Million)
Europe Solid-State Battery Market for Other End-Users: 2020-2029 (USD Million)
Europe Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Europe Solid-State Battery Market by Country, 2020-2029 (USD Million)
Europe Solid-State Battery Market Share (%), by Country, 2023/2029
Europe Solid-State Battery Market by Country, CAGR Historic and Forecast, 2020-2029
Germany Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
UK Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
France Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Italy Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Spain Solid-State Battery Market, Net Growth, 2020-2029 (USD Million)
Rest of Europe 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