Solid State Battery Market to Reach $1,407.7 Mn, Globally, by 2025 at 49% CAGR: Allied Market Research

Growing applications of solid state batteries in the healthcare devices, wearables, and drones and increasing need for solid state batteries in electric vehicles are expected to drive the growth of the global solid state battery market   

Allied Market Research published a report, titled, Solid State Battery Market by Type (Thin-film Battery and Portable Battery), Capacity (Less than 20 mAh, Between 20 mAh and 500 mAh, and 500 mAh and above), and Application (Consumer and Portable Electronics, Electric Vehicle, Energy Harvesting, Wearable and Medical Devices, and Others): Global Opportunity Analysis and Industry Forecast, 2018 – 2025. The report provides in-depth analyses of the key winning strategies, drivers & opportunities, market share & estimations, key market segments, and competitive landscape. According to the report, the global market garnered $53 million in 2017 and is expected to reach $1,407.7 million by 2025, registering a CAGR of 49% from 2018 to 2025.

     (Logo: )

For Purchase Enquiry:

Increased application areas of solid state batteries such as healthcare, consumer durables, and aviation coupled with aggrandized need for solid state batteries in electric vehicles drives the growth of the market. However, high initial cost of solid state batteries and complex manufacturing process hinder the market growth. On the other hand, increasing inflow of investment for the R&D of solid state batteries would create new pathways for the market players in future.

Request Sample Report at:

Discounted Price at

Portable solid state battery segment to dominate the global market through 2025 

Among product types, the portable segment accounted for 86% of the total market share in 2017 and would continue its dominance through 2025. Need for greater battery back-up in tablets, laptops, smartphones, e-readers and even MP3 players has bolstered the demand for portable battery. Nonetheless, the thin-film battery segment is expected to register the fastest CAGR of 51.5% from 2018 to 2025 owing to increase in the use of thin-film batteries in implantable medical devices such as defibrillators & neural stimulators, smart cards, RFID, wireless sensors, and radio-frequency identification.

20 mAh to 500 mAh segment to garner highest revenue by 2025 

The 20 mAh to 500 mAh battery capacity segment accounted for nearly two-thirds of the total market share in 2017 and is expected to maintain its lead throughout the forecast period. This is attributed to its increasing application in mobile phones, smart devices, and several other battery-operated home appliances. However, the 500 mAh & above battery capacity segment is expected to grow at the fastest CAGR of 57.3% from 2018 to 2025, due to its wider applications in IoT and wireless devices. Furthermore, the less than 20 mAh segment would witness steady growth during the forecast period.

For Purchase Enquiry:

Electric vehicle segment to render the fastest growth by 2025 

The consumer and portable electronics segment contributed 42% of the total market share in 2017 and would maintain its lion”s share throughout the forecast period. This is due to the growing demand for solid state batteries in portable electronics such as laptops and mobile phones. However, the electric vehicle segment is expected to grow at the fastest CAGR of 58.9% from 2018 to 2025, as many major players such as Toyota, Volkswagen, Hyundai, and BMW have been developing solid state batteries for electric vehicles. The report also analyzes several applications such as energy harvesting, wearable, and medical devices, among others.

North America to remain dominant, Europe to grow the fastest 

North America generated the highest revenue of 35% in 2017 and is anticipated to continue its dominance during the forecast period. This is due to the increase in demand for batteries from packaging, smart cards, and electric vehicle sectors in the region. The U.S. is the major revenue contributor to the North American solid state battery market. However, Europe would grow at the fastest CAGR of 54% from 2018 to 2025, owing to surge in adoption of electric vehicles and ongoing R&D activities related to solid state batteries. The other regions analyzed in the study include Asia-Pacific and LAMEA.

Top players of the industry 

The key market players analyzed in the report include Cymbet Corporation, Seeo Inc. (Robert Bosch GMBH subsidiary), StmicroElectronics N.V., Toyota Motor Corporation, Sakti3 Inc. (Dyson Ltd subsidiary) and Brightvolt, Inc. The other key players include Excellatron Solid State, LLC, Infinite Power Solution, Inc., Planar Energy Devices, Inc., QuantumEscape, Altairnano, and Solid Power, Inc. These companies have implemented various strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others to gain a stronghold in the industry.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at:

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. 

Similar Reports: 

Metal Replacement Market – Global Opportunity Analysis and Industry Forecast, 2014 – 2022

Colorants Market – Global Opportunity Analysis and Industry Forecast, 2017 – 2023

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of ‘Market Research Reports’ and ‘Business Intelligence Solutions.’ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975  


PORTLAND, Oregon, January 9, 2019 /PRNewswire/ —