Showing posts with label Solid-state Battery Interfaces Market. Show all posts
Showing posts with label Solid-state Battery Interfaces Market. Show all posts

Friday, November 25, 2022

3 Key Insights on Competitive Landscape in the Global Solid-state Battery Market: Ken Research

                                                                                                                                                 Buy Now

Regional players dominate the market holding nearly 40% of revenue share despite the presence of about 100 competitors comprising global players, regional players, and country-niche players find a recent market study on the Global Solid-State Battery Market by Ken Research

A solid-state battery uses a solid as an electrolyte and has high energy density, better stability, and is safer in comparison to lithium-ion batteries. Different kinds of electrolytes could be used to increase the efficiency of a solid-state battery. Solid-state batteries are less expensive, safer, and more durable.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Solid-State Battery Market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the solid-state battery market. The regional players comprise ~45% in terms of the number of companies and hold about 40% of the market share. Key players in the market are focused on research and development to improve new technical features of solid-state battery cells to gain significant market share.

Global Solid-state Battery Market

Leading Players Focused on Research and Development of Solid-state Battery

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as TOYOTA MOTOR CORPORATION, Excellatron, and BrightVolt Inc., among others are highly focused on offering solid-state batteries for various applications. Furthermore, market players are engaged in R&D activities and are investing heavily in the production of solid-state batteries to fulfill the demand of the end-users.

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  • In December 2021, TOYOTA MOTOR CORPORATION planned to introduce solid-state batteries in its hybrid vehicles by 2025. The company aimed to revolutionize battery technology in the production of cars.

Global Solid-state Battery Market

Increased Government Initiatives Promote Solid-state Battery Market Growth and Development

  • In March 2022, the Government of India introduced several schemes and programs like the National Action Plan on Climate Change (NAPCC) to combat climate change to reduce carbon emissions. The NAPCC comprises missions in specific areas of energy efficiency, water, solar energy, and others.
  • In April 2022, The USA Department of Transportation’s Federal Highway Administration announced a new program and offered US$ 6.4 billion in funding to help reduce carbon emissions. President Biden approved the program under the Bipartisan Infrastructure Law.

Key Topics Covered in the Report

  • Snapshot of the Global Solid-state Battery Market
  • Industry Value Chain and Ecosystem Analysis of the Solid-state Battery Market
  • Market size and Segmentation of the Global Solid-state Battery Market
  • Historic Growth of the Overall Global Solid-state Battery Market and Segments
  • Competition Scenario of the Solid-state Battery Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Solid-state Battery Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Solid-state Battery Market
  • Future Market Forecast and Growth Rates of the Global Solid-state Battery Market and by Segments
  • Market Size of Application/Application Segments with historical CAGR and Future Forecasts
  • Analysis of the Solid-state Battery Market in Major Regions
  • Major Production / Consumption Hubs in the Major Regions
  • Major Production/Supply and Consumption/Demand Hubs in Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Solid-state Battery Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

  • Cymbet
  • TOYOTA MOTOR CORPORATION
  • Robert Bosch GmbH
  • Solid Power Inc.
  • Excellatron
  • BrightVolt Inc.
  • SK Innovation Co. Ltd
  • STMicroelectronics
  • Total Energies
  • StoreDot

Notable Emerging Companies Mentioned in the Report

  • QuntumScape Corporation
  • Factorial Inc
  • Gangfeng Lithium Co Ltd
  • Prieto Battery
  • Dyson Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Solid-state Battery Manufacturers
  • Electric Vehicle Manufacturers
  • Electronic Manufacturers
  • Wearable Device Manufacturers
  • Medical Device Manufacturers
  • Research & Consulting Firms
  • Research and Development Associations
  • Investment Banking & Financial Institutes
  • Research & Development Institutes for Solid-state Battery
  • Solid-state Battery Providers
  • Solid-state Battery Technology Research Organizations
  • Solid-state Battery Suppliers
  • Investors in Solid-state Battery Start-ups
  • Solid-state Battery Distributors
  • Government Regulatory Bodies

For more insights on the market intelligence, refer to the link below: –

Global Solid-State Battery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Monday, November 21, 2022

Global Solid-State Battery Market is expected to record a positive CAGR of ~30% during the forecast period (2022-2028): Ken Research

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Driven by the rising demand for solid-state batteries due to their high energy density for various applications along with increased research and development activities for solid-state batteries, the Global Solid-state Battery Market is Forecasted to reach nearly US$ 3,000 Mn by 2028 says Ken Research Study.

A solid-state battery uses a solid as an electrolyte and has high energy density, better stability, and is safer in comparison to lithium-ion batteries. Different kinds of electrolytes could be used to increase the efficiency of a solid-state battery. Solid-state batteries are less expensive, safer, and more durable.

Ken Research shares 3 key insights on this high-demand market from its latest research study.

1. High Energy Density of Solid-state Batteries Encourage Market Growth

The increase in research and development for the solid-state battery to improve their efficiency is boosting the growth of the solid-state battery market in the forecasted period. The solid-state battery offers high performance, has a longer life, cheaper battery costs, and other is increasing its adoption in various sectors is anticipated to propel the growth of the market. However, the high manufacturing cost of solid-state batteries may hamper the growth of the market.

According to Ken Research estimates, the Global Solid-state Battery Market – valued at around US$ 200 Mn in 2017 and estimated to reach nearly US$ 700 Mn by 2022 – is expected to grow to around US$ 3,000 Mn opportunity by 2028.

Global Solid-state Battery Market

2. Increasing Adoption of Solid-state Battery in Electric Vehicle is Driving the Market Growth

The rising demand for the solid-state battery for electric vehicles is anticipated to aid the growth of the market. Moreover, the high investment in research and development of solid-state batteries along with the increasing partnership between battery manufacturers and automobile companies is expected to bolster the growth of the global solid-state battery market.

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The below graph depicts the increase in electric vehicle registration in China.  

Global Solid-state Battery Market

3. Difficulty in the Manufacturing Process of Solid-state Battery Is the Most Significant Barrier to the Growth of the Market.

The difficulty in the manufacturing process of solid-state batteries, as well as the requirement of high investment for R&D and manufacturing of solid-state batteries, may hamper the growth of the market. In addition, the availability of other substitutes at cheaper cost such as graphene batteries, fluoride batteries, sand batteries, ammonia-powered batteries, and lithium-sulfur batteries may restrict the growth of the market.

Key Topics Covered in the Report

  • Snapshot of the Global Solid-state Battery Market

  • Industry Value Chain and Ecosystem Analysis of the Solid-state Battery Market

  • Market size and Segmentation of the Global Solid-state Battery Market

  • Historic Growth of the Overall Global Solid-state Battery Market and Segments

  • Competition Scenario of the Solid-state Battery Market and Key Developments of Competitors

  • Porter’s 5 Forces Analysis of the Global Solid-state Battery Industry

  • Overview, Product Offerings, and Strategic Developments of Key Competitors

  • COVID-19 Impact on the Overall Global Solid-state Battery Market

  • Future Market Forecast and Growth Rates of the Global Solid-state Battery Market and by Segments

  • Market Size of Application/Application Segments with historical CAGR and Future Forecasts

  • Analysis of the Solid-state Battery Market in Major Regions

  • Major Production / Consumption Hubs in the Major Regions

  • Major Production/Supply and Consumption/Demand Hubs in Each Region

  • Major Country-wise Historic and Future Market Growth Rates of the Total Solid-state Battery Market and Segments

  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

  • Cymbet

  • TOYOTA MOTOR CORPORATION

  • Robert Bosch GmbH

  • Solid Power Inc.

  • Excellatron

  • BrightVolt Inc.

  • SK Innovation Co. Ltd

  • STMicroelectronics

  • Total Energies

  • StoreDot

Notable Emerging Companies Mentioned in the Report

  • QuntumScape Corporation

  • Factorial Inc

  • Gangfeng Lithium Co Ltd

  • Prieto Battery

  • Dyson Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Solid-state Battery Manufacturers

  • Electric Vehicle Manufacturers

  • Electronic Manufacturers

  • Wearable Device Manufacturers

  • Medical Device Manufacturers

  • Research & Consulting Firms

  • Research and Development Associations

  • Investment Banking & Financial Institutes

  • Research & Development Institutes for Solid-state Battery

  • Solid-state Battery Providers

  • Solid-state Battery Technology Research Organizations

  • Solid-state Battery Suppliers

  • Investors in Solid-state Battery Start-ups

  • Solid-state Battery Distributors

  • Government Regulatory Bodies

For more insights on the market intelligence, refer to the link below: –

Global Solid-state Battery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research