PUBLISHER: BCC Research | PRODUCT CODE: 1490674
PUBLISHER: BCC Research | PRODUCT CODE: 1490674
The global market for solid state batteries is estimated to increase from $274.0 million in 2023 to reach $1.7 billion by 2029, at a compound annual growth rate (CAGR) of 36.7% from 2024 through 2029.
The Asia-Pacific market for solid state batteries is estimated to increase from $119.0 million in 2023 to reach $887.9 million by 2029, at a CAGR of 40.5% from 2024 through 2029.
The North American market for solid state batteries is estimated to increase from $69.4 million in 2023 to reach $423.4 million by 2029, at a CAGR of 35.7% from 2024 through 2029.
The report provides an overview and analysis of the global SSB market and leading companies' products, strategies and initiatives. Using 2023 as the base year, the report provides estimated market data for 2024, and forecasts for 2024 through 2029. It also includes details about different types of SSBs and their end-use applications. Estimated market values are based on the determined market penetration of SSBs in the electric vehicle (EV) battery market. In the report, only the battery electric vehicle (BEV) industry has been considered, and not the plug-in hybrid electric vehicles (PHEVs), as SSB technology is being primarily developed as an advanced power source for BEVs. Projected revenue values are in constant U.S. dollars that have not been adjusted for inflation.
In this report, the global SSB market is segmented by:
Region: North America, Europe, Asia-Pacific and the rest of the world (Rest of World).
(Note: mAh is used to rate the energy capacity of common household batteries and those of electronic devices such as smartphones, laptops and appliances.)