The Asia Pacific Solid State Battery Market would witness market growth of 37.0% CAGR during the forecast period (2021-2027).
The energy density of a battery is the amount of energy it holds in relation to its weight. Because of the higher energy density, the batteries might be significantly lighter while yet storing having similar amount of energy. Solid-state batteries have a 2.5-fold higher energy density than contemporary lithium-ion batteries. This massive improvement in the energy density of solid-state batteries indicates that they will be much smaller and lighter. Solid-state batteries are 80–90 percent thinner than lithium batteries, and their decomposition voltage is higher. As a result, energy density per kilogramme may be enhanced.
Enhanced energy density would result in higher power output and a considerable improvement in vehicle driving range, eliminating the need for frequent charging as well as a significant number of charging stations. These lightweight, high-density batteries are used in vehicles such as automobiles, RVs, trucks, boats, and aircraft.
The automobile industry's rapid expansion in China, India, Japan, and South Korea is likely to boost demand for solid state batteries. Furthermore, throughout the projection period, rising population in China and India, together with favourable government policies aimed at reducing carbon emissions from automobiles and boosting the usage of electric vehicles, are likely to boost product demand in the area.
Hitachi Zosen, a Japanese industrial producer, claims to have produced a solid-state battery with one of the largest capacities in the industry. Furthermore, the Osaka-based business claims that this new solid-state battery can run across a wider temperature range. It will be put to the test in industrial machines and space in the near future. Because of its promise for higher efficiency, solid-state batteries continue to attract study and technical innovation. Owing to their solid electrolyte, they have a far reduced flammability than lithium-ion batteries, which have a liquid electrolyte.
The China market dominated the Asia Pacific Solid State Battery Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $31.2 million by 2027. The Japan market is anticipated to grow at a CAGR of 36.3% during (2021 - 2027). Additionally, The India market would experience a CAGR of 38.1% during (2021 - 2027).
Based on Type, the market is segmented into Single-cell Battery and Multi-cell Battery. Based on Capacity, the market is segmented into Below 20 mAh, Between 20 mAh and 500 mAh, and Above 500 mAh. Based on Battery Type, the market is segmented into Portable and Thin Film. Based on Application, the market is segmented into Medical Devices, Consumer Electronics, Energy Harvesting, Wireless Sensors, Electric Vehicles, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Solid State Battery Market is Projected to reach USD 294.1 Million by 2027, at a CAGR of 35%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Toyota Motor Corporation, Ilika plc, Samsung SDI Co., Ltd. (Samsung Electronics Group), LG Chem Ltd. (LG Corporation), Contemporary Amperex Technology Co., Limited, Solid Power, Inc., Cymbet Corporation, Quantumscape Corporation, and Prieto Battery, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Single-cell Battery and
- Multi-cell Battery
By Capacity
- Below 20 mAh
- Between 20 mAh and 500 mAh,
- Above 500 mAh
By Battery Type
By Application
- Medical Devices
- Consumer Electronics
- Energy Harvesting
- Wireless Sensors
- Electric Vehicles
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Toyota Motor Corporation
- Ilika plc
- Samsung SDI Co., Ltd. (Samsung Electronics Group)
- LG Chem Ltd. (LG Corporation)
- Contemporary Amperex Technology Co., Limited
- Solid Power, Inc.
- Cymbet Corporation
- Quantumscape Corporation
- Prieto Battery, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Solid State Battery Market, by Type
1.4.2 Asia Pacific Solid State Battery Market, by Capacity
1.4.3 Asia Pacific Solid State Battery Market, by Battery Type
1.4.4 Asia Pacific Solid State Battery Market, by Application
1.4.5 Asia Pacific Solid State Battery Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Dec – 2022, Jan) Leading Players
Chapter 4. Asia Pacific Solid State Battery Market by Type
4.1 Asia Pacific Single-cell Battery Market by Country
4.2 Asia Pacific Multi-cell Battery Market by Country
Chapter 5. Asia Pacific Solid State Battery Market by Capacity
5.1 Asia Pacific Below 20 mAh Market by Country
5.2 Asia Pacific Between 20 mAh and 500 mAh Market by Country
5.3 Asia Pacific Above 500 mAh Market by Country
Chapter 6. Asia Pacific Solid State Battery Market by Battery Type
6.1 Asia Pacific Portable Market by Country
6.2 Asia Pacific Thin Film Market by Country
Chapter 7. Asia Pacific Solid State Battery Market by Application
7.1 Asia Pacific Medical Devices Market by Country
7.2 Asia Pacific Consumer Electronics Market by Country
7.3 Asia Pacific Energy Harvesting Market by Country
7.4 Asia Pacific Wireless Sensors Market by Country
7.5 Asia Pacific Electric Vehicles Market by Country
7.6 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Solid State Battery Market by Country
8.1 China Solid State Battery Market
8.1.1 China Solid State Battery Market by Type
8.1.2 China Solid State Battery Market by Capacity
8.1.3 China Solid State Battery Market by Battery Type
8.1.4 China Solid State Battery Market by Application
8.2 Japan Solid State Battery Market
8.2.1 Japan Solid State Battery Market by Type
8.2.2 Japan Solid State Battery Market by Capacity
8.2.3 Japan Solid State Battery Market by Battery Type
8.2.4 Japan Solid State Battery Market by Application
8.3 India Solid State Battery Market
8.3.1 India Solid State Battery Market by Type
8.3.2 India Solid State Battery Market by Capacity
8.3.3 India Solid State Battery Market by Battery Type
8.3.4 India Solid State Battery Market by Application
8.4 South Korea Solid State Battery Market
8.4.1 South Korea Solid State Battery Market by Type
8.4.2 South Korea Solid State Battery Market by Capacity
8.4.3 South Korea Solid State Battery Market by Battery Type
8.4.4 South Korea Solid State Battery Market by Application
8.5 Singapore Solid State Battery Market
8.5.1 Singapore Solid State Battery Market by Type
8.5.2 Singapore Solid State Battery Market by Capacity
8.5.3 Singapore Solid State Battery Market by Battery Type
8.5.4 Singapore Solid State Battery Market by Application
8.6 Malaysia Solid State Battery Market
8.6.1 Malaysia Solid State Battery Market by Type
8.6.2 Malaysia Solid State Battery Market by Capacity
8.6.3 Malaysia Solid State Battery Market by Battery Type
8.6.4 Malaysia Solid State Battery Market by Application
8.7 Rest of Asia Pacific Solid State Battery Market
8.7.1 Rest of Asia Pacific Solid State Battery Market by Type
8.7.2 Rest of Asia Pacific Solid State Battery Market by Capacity
8.7.3 Rest of Asia Pacific Solid State Battery Market by Battery Type
8.7.4 Rest of Asia Pacific Solid State Battery Market by Application
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent Strategies and Developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Toyota Motor Corporation
9.2.1 Company Overview
9.2.1 Financial Analysis
9.2.2 Segmental and Regional Analysis
9.2.3 Research & Development Expense
9.2.4 SWOT Analysis
9.3 Ilika plc
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent Strategies and Developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Geographical Expansions:
9.4 Samsung SDI Co., Ltd. (Samsung Electronics Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Recent Strategies and Developments:
9.4.3.1 Partnerships, Collaborations, and Agreements:
9.4.3.2 Product Launches and Product Expansions:
9.5 LG Chem Ltd. (LG Corporation)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent Strategies and Developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisitions and Mergers:
9.5.5.3 Geographical Expansions:
9.6 Contemporary Amperex Technology Co., Limited (CATL)
9.6.1 Company Overview
9.6.2 Recent Strategies and Developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.7 Solid Power, Inc.
9.7.1 Company Overview
9.7.2 Recent Strategies and Developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Acquisitions and Mergers:
9.7.2.3 Geographical Expansions:
9.8 Cymbet Corporation
9.8.1 Company Overview
9.9 Quantumscape Corporation
9.9.1 Company Overview
9.9.2 Recent Strategies and Developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Prieto Battery, Inc.
9.10.1 Company Overview
9.10.2 Recent Strategies and Developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 2 Asia Pacific Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Solid State Battery Market
TABLE 4 Product Launches And Product Expansions– Solid State Battery Market
TABLE 5 Acquisition and Mergers– Solid State Battery Market
TABLE 6 Geographical Expansions- SOLID STATE BATTERY MARKET
TABLE 7 Asia Pacific Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 8 Asia Pacific Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 9 Asia Pacific Single-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Asia Pacific Single-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Asia Pacific Multi-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Asia Pacific Multi-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Asia Pacific Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 14 Asia Pacific Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 15 Asia Pacific Below 20 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Asia Pacific Below 20 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Asia Pacific Between 20 mAh and 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Asia Pacific Between 20 mAh and 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Asia Pacific Above 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Asia Pacific Above 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 21 Asia Pacific Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 22 Asia Pacific Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 23 Asia Pacific Portable Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Asia Pacific Portable Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Asia Pacific Thin Film Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Asia Pacific Thin Film Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Asia Pacific Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 28 Asia Pacific Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 29 Asia Pacific Medical Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 30 Asia Pacific Medical Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 31 Asia Pacific Consumer Electronics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Asia Pacific Consumer Electronics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Asia Pacific Energy Harvesting Market by Country, 2017 - 2020, USD Thousands
TABLE 34 Asia Pacific Energy Harvesting Market by Country, 2021 - 2027, USD Thousands
TABLE 35 Asia Pacific Wireless Sensors Market by Country, 2017 - 2020, USD Thousands
TABLE 36 Asia Pacific Wireless Sensors Market by Country, 2021 - 2027, USD Thousands
TABLE 37 Asia Pacific Electric Vehicles Market by Country, 2017 - 2020, USD Thousands
TABLE 38 Asia Pacific Electric Vehicles Market by Country, 2021 - 2027, USD Thousands
TABLE 39 Asia Pacific Others Market by Country, 2017 - 2020, USD Thousands
TABLE 40 Asia Pacific Others Market by Country, 2021 - 2027, USD Thousands
TABLE 41 Asia Pacific Solid State Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 42 Asia Pacific Solid State Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 43 China Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 44 China Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 45 China Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 46 China Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 47 China Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 48 China Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 49 China Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 50 China Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 51 China Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 52 China Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 53 Japan Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 54 Japan Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 55 Japan Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 56 Japan Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 57 Japan Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 58 Japan Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 59 Japan Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 60 Japan Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 61 Japan Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 62 Japan Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 63 India Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 64 India Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 65 India Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 66 India Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 67 India Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 68 India Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 69 India Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 70 India Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 71 India Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 72 India Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 73 South Korea Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 74 South Korea Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 75 South Korea Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 76 South Korea Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 77 South Korea Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 78 South Korea Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 79 South Korea Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 80 South Korea Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 81 South Korea Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 82 South Korea Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Singapore Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 84 Singapore Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 85 Singapore Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 86 Singapore Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 87 Singapore Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 88 Singapore Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 89 Singapore Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 90 Singapore Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 91 Singapore Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 92 Singapore Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 93 Malaysia Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 94 Malaysia Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 95 Malaysia Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 96 Malaysia Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 97 Malaysia Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 98 Malaysia Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 99 Malaysia Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 100 Malaysia Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 101 Malaysia Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 102 Malaysia Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 103 Rest of Asia Pacific Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 104 Rest of Asia Pacific Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 105 Rest of Asia Pacific Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 106 Rest of Asia Pacific Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 107 Rest of Asia Pacific Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 108 Rest of Asia Pacific Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 109 Rest of Asia Pacific Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 110 Rest of Asia Pacific Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 111 Rest of Asia Pacific Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 112 Rest of Asia Pacific Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 113 key information – Robert Bosch GmbH
TABLE 114 key information – Toyota Motor Corporation
TABLE 115 key information – Ilika plc
TABLE 116 key information – Samsung SDI Co., Ltd.
TABLE 117 key information – LG Chem Ltd.
TABLE 118 key information – Contemporary Amperex Technology Co., Limited (CATL)
TABLE 119 key information – Solid Power, Inc.
TABLE 120 key information – Cymbet Corporation
TABLE 121 key information – QUANTUMSCAPE CORPORATION
TABLE 122 key information – Prieto Battery, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Dec – 2022, Jan) Leading Players
FIG 5 Swot analysis: Robert bosch gmbh
FIG 6 SWOT ANALSYSIS: TOYOTA MOTOR CORPORATION
FIG 7 Recent Strategies and Development: Ilika plc
FIG 8 Recent Strategies and Development: Samsung SDI Co., Ltd.
FIG 9 Recent Strategies and Development: LG Chem Ltd.
FIG 10 Recent Strategies and Development: Contemporary Amperex Technology Co., Limited
FIG 11 Recent Strategies and Development: Solid Power, Inc.