Global Solid-State Battery Market Size is valued at USD 886.1 Mn in 2024 and is predicted to reach USD 24343.2 Mn by the year 2034 at a 40.4% CAGR during the forecast period for 2025-2034.
The solid-state battery is shorthand for a certain rechargeable battery category that uses solid electrolytes and solid electrodes instead of the polymer gel or liquid electrolytes used in lithium-ion or lithium polymer batteries.
Solid-state batteries are being propelled by rising demand for high-energy-density batteries in consumer electronics, transportation, and renewable energy sectors. Because of their greater energy storage capacity compared to standard lithium-ion batteries, silicon anode batteries are well suited for uses that necessitate continuous power. Demand for silicon-anode batteries is rising due to the trend toward greener forms of energy and the rise of electric vehicles.
The global trend of governments enacting rules and laws to curb carbon emissions and encourage the use of sustainable energy sources bodes well for developing the solid-state battery market. Furthermore, incorporating flexible and lightweight batteries into wearable devices, as well as the longer shelf life of solid-state batteries compared to conventional batteries, are all factors expected to drive the market value higher in the coming years.
However, the market growth is hampered by the strict regulatory and high-cost criteria for the safety and health of solid-state batteries and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high humidity solid-state batteries because of the high-quality components it requires. The current production cost of solid-state batteries is higher than that of lithium-ion batteries. Widespread implementation is hindered by the price gap, which is especially problematic in price-sensitive industries like the consumer electronics and automotive sectors. In the wake of the COVID-19 epidemic and subsequent lockdown, there was a decline in consumer demand for solid-state rechargeable batteries. This impacted Many businesses, including those who make and recycle batteries.
The solid-state battery market is segmented based on application, electrolyte type, battery type, and capacity. According to the application, the market is categorised into electric vehicles, consumer electronics, medical devices, energy storage systems, and others. By electrolyte type, the market is segmented into polymer, sulfide, oxide, and others. By battery type, the market is segmented into thin film, bulk, and others. By capacity, the market is segmented into below 20mAh, 20mAh to 500mAh, and above 500mAh.
The consumer electronics solid-state battery is expected to lead with a major global market share in 2022. consumer electronics accounted for the bulk of the solid-state battery industry. Rapid urbanization and rising incomes in emerging countries may be to blame for this trend. These countries also spend more on consumer goods like laptops, smartphones, and desktops.
The thin film makes up the bulk of solid-state battery usage because smart gadgets constantly demand new features, like increased security, greater specific energy and power capacities, smaller form factors, and better materials. These thin-film batteries can be used in various electronic devices, wireless sensors, smart cards, medical equipment, memory backup power systems, and solar cell energy storage solutions, especially in countries like the US, Germany, the U.K., China, and India.
The North American solid-state battery market is expected to record the maximum market share in revenue in the near future. It can be attributed to the fact that its people tend to be well-off and educated. Increasing solid-state battery use in the region meets the rising need for batteries across various industries, including smart cards, packaging, and electric vehicles. In addition, Asia Pacific is estimated to grow rapidly in the global solid-state battery market due to advancements in the renewable energy sector, an ever-increasing need for battery energy storage devices, and a massive consumer user base for consumer and portable electronics.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 886.1 Mn |
| Revenue Forecast In 2034 | USD 24343.2 Mn |
| Growth Rate CAGR | CAGR of 40.4% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Million and CAGR from 2025 to 2034 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | Application, Battery Type, Electrolyte Type and Capacity |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
| Competitive Landscape | QuantumScape Corporation, Solid Power, Inc., ProLogium Technology Co., Ltd., Blue Solutions (Bolloré Group), Ilika plc, Factorial Energy, TDK Corporation, Samsung SDI Co., Ltd., LG Energy Solution Ltd., Nissan Motor Co., Ltd., Toyota Motor Corporation, Ganfeng Lithium Co., Ltd., Natrion Inc., Ampcera Inc., Ion Storage Systems, Inc., LionVolt B.V., Prieto Battery, Inc., BYD Co., Ltd., CATL (Contemporary Amperex Technology Co., Limited), Panasonic Holdings Corporation, Other Prominent Players |
| Customization Scope | Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Solid-State Battery Market Snapshot
Chapter 4. Global Solid-State Battery Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Electrolyte Type Estimates & Trend Analysis
5.1. By Electrolyte Type, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Electrolyte Type:
5.2.1. Polymer-based Solid Electrolytes
5.2.2. Sulfide-based Electrolytes
5.2.3. Oxide-based Electrolytes
5.2.4. Halide / Oxychloride / Hybrid Electrolytes
5.2.5. Others
Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis
6.1. By Application & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Application:
6.2.1. Electric Vehicles (EVs)
6.2.2. Consumer Electronics (smartphones, wearables, AR/VR devices)
6.2.3. Medical Devices (implants, micro-power, hearing aids)
6.2.4. Energy Storage Systems (ESS / stationary storage)
6.2.5. Industrial Sensors, Aerospace, and Drones
6.2.6. Others
Chapter 7. Market Segmentation 3: By Battery Type Estimates & Trend Analysis
7.1. By Battery Type & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Battery Type:
7.2.1. Thin-Film Solid-State Batteries
7.2.2. Bulk / Large-Format Solid-State Batteries
7.2.3. Pouch / Prismatic / Bipolar Stack Designs
7.2.4. Others
Chapter 8. Market Segmentation 4: By Capacity Estimates & Trend Analysis
8.1. By Capacity & Market Share, 2024 & 2034
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Capacity:
8.2.1. Below 20 mAh (micro & IoT devices)
8.2.2. 20 mAh – 500 mAh (consumer electronics, wearables)
8.2.3. Above 500 mAh (EVs, large energy storage)
Chapter 9. Market Segmentation 4: By Type Estimates & Trend Analysis
9.1. By Type & Market Share, 2024 & 2034
9.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Type:
9.2.1. Multi Cell
9.2.2. Single Cell
Chapter 10. Solid-State Battery Market Segmentation 5: Regional Estimates & Trend Analysis
10.1. North America
10.1.1. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Electrolyte Type, 2021-2034
10.1.2. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
10.1.3. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Battery Type, 2021-2034
10.1.4. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Capacity, 2021-2034
10.1.5. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
10.1.6. North America Solid-State Battery Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
10.2. Europe
10.2.1. Europe Solid-State Battery Market revenue (US$ Million) By Electrolyte Type, 2021-2034
10.2.2. Europe Solid-State Battery Market revenue (US$ Million) By Application, 2021-2034
10.2.3. Europe Solid-State Battery Market revenue (US$ Million) By Battery Type, 2021-2034
10.2.4. Europe Solid-State Battery Market revenue (US$ Million) By Capacity, 2021-2034
10.2.5. Europe Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
10.2.6. Europe Solid-State Battery Market revenue (US$ Million) by country, 2021-2034
10.3. Asia Pacific
10.3.1. Asia Pacific Solid-State Battery Market revenue (US$ Million) By Electrolyte Type, 2021-2034
10.3.2. Asia Pacific Solid-State Battery Market revenue (US$ Million) By Application, 2021-2034
10.3.3. Asia Pacific Solid-State Battery Market revenue (US$ Million) By Battery Type, 2021-2034
10.3.4. Asia Pacific Solid-State Battery Market revenue (US$ Million) By Capacity, 2021-2034
10.3.5. Asia Pacific Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
10.3.6. Asia Pacific Solid-State Battery Market revenue (US$ Million) by country, 2021-2034
10.4. Latin America
10.4.1. Latin America Solid-State Battery Market revenue (US$ Million) By Electrolyte Type, (US$ Million) 2021-2034
10.4.2. Latin America Solid-State Battery Market revenue (US$ Million) By Application, (US$ Million) 2021-2034
10.4.3. Latin America Solid-State Battery Market revenue (US$ Million) By Battery Type, (US$ Million) 2021-2034
10.4.4. Latin America Solid-State Battery Market revenue (US$ Million) By Capacity, (US$ Million) 2021-2034
10.4.5. Latin America Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
10.4.6. Latin America Solid-State Battery Market revenue (US$ Million) by country, 2021-2034
10.5. Middle East & Africa
10.5.1. Middle East & Africa Solid-State Battery Market revenue (US$ Million) By Electrolyte Type, (US$ Million) 2021-2034
10.5.2. Middle East & Africa Solid-State Battery Market revenue (US$ Million) By Application, (US$ Million) 2021-2034
10.5.3. Middle East & Africa Solid-State Battery Market revenue (US$ Million) By Battery Type, (US$ Million) 2021-2034
10.5.4. Middle East & Africa Solid-State Battery Market revenue (US$ Million) By Capacity, (US$ Million) 2021-2034
10.5.5. Middle East & Africa Solid-State Battery Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
10.5.6. Middle East & Africa Solid-State Battery Market revenue (US$ Million) by country, 2021-2034
Chapter 11. Competitive Landscape
11.1. Major Mergers and Acquisitions/Strategic Alliances
11.2. Company Profiles
11.2.1. QuantumScape Corporation
11.2.2. Solid Power, Inc.
11.2.3. ProLogium Technology Co., Ltd.
11.2.4. Blue Solutions (Bolloré Group)
11.2.5. Ilika plc
11.2.6. Factorial Energy
11.2.7. TDK Corporation
11.2.8. Samsung SDI Co., Ltd.
11.2.9. LG Energy Solution Ltd.
11.2.10. Nissan Motor Co., Ltd.
11.2.11. Toyota Motor Corporation
11.2.12. Ganfeng Lithium Co., Ltd.
11.2.13. Natrion Inc.
11.2.14. Ampcera Inc.
11.2.15. Ion Storage Systems, Inc.
11.2.16. LionVolt B.V.
11.2.17. Prieto Battery, Inc.
11.2.18. BYD Co., Ltd.
11.2.19. CATL (Contemporary Amperex Technology Co., Limited)
11.2.20. Panasonic Holdings Corporation
11.2.21. Other Prominent Players
Solid-State Battery Market By Application-
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Solid-State Battery Market By Region-
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