What’s Driving the Demand in the Solid-state Battery Market?

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Executive Summery

This report presents a detailed overview of the Solid-state Battery Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2025-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Solid-state Battery industry landscape.

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Solid-state Battery Market Statistics and Key Highlights

The Global Solid State Batteries Market size was valued at around USD 1.2 billion in 2024 and is projected to reach USD 6.35 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 32.00% during the forecast period, i.e., 2025-30.

Solid-state Battery market shows steady growth Market size expanding due to rising industry demand Competitive landscape driven by tech and innovation Detailed segment-wise and geography wise share analysis Forecast reveals strong trends shaping future outlook Key Player- Emerging Solid-state Battery Companies Robert Bosch Toyota Motor Solid Power Excellartion Solid State Bright Volt SK Innovation Co, Ltd STMicroelectronics Total Energies Store Dot QuntumScape Corporation Factorial Inc Gangfeng Lithium Co Ltd Prieto Battery Blue Solutions ProLogium Technology Others Access Full Market Insights & Key Statistics! https://www.marknteladvisors.com/research-library/solid-state-battery-market.html

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Key Driver:

Increasing Adoption of Electronic & Hybrid Vehicles – The automotive sector is primarily adopting electronic vehicles due to the increase in disposable income, urbanization, growing white collar population, government support, inclination of consumers towards renewables, etc. Moreover, the government is increasingly promoting the acceptance of electronic and hybrid vehicles globally to reduce the carbon footprint. The government has initiated several programs, schemes, tax relaxations, investment in the charging infrastructure, and others, leading to an increase in the ownership of vehicles. As per the US Energy Information Administration, about 22% of the vehicles sold in the first quarter of 2025 in the US are EVs, marking an increase from the 18% of EVs in 2024.

Additionally, the numerous EV manufacturers are opting for solid-state batteries because of their high energy density, faster charging time, etc., offering longer run times. For instance, GAC Aion’s Hyper, a premium EV group, planned to use solid-state cells in their EVs by 2026, offering a run time of more than 1000km in a single charge. Similarly, other global leading automotive groups are integrating solid-state batteries in their vehicles, thus driving the demand for the market worldwide.

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Solid-state Battery Market Segmentation

By Type

Thin Film Battery- Market Size & Forecast 2020-2030, USD Million Bulk Battery- Market Size & Forecast 2020-2030, USD Million By Capacity

Below 20mAh- Market Size & Forecast 2020-2030, USD Million 20mAh - 500mAh- Market Size & Forecast 2020-2030, USD Million Above 500mAh- Market Size & Forecast 2020-2030, USD Million By Application

Consumer & Portable Electronics - Market Size & Forecast 2020-2030, USD Million Electric Vehicles- Market Size & Forecast 2020-2030, USD Million Energy Harvesting- Market Size & Forecast 2020-2030, USD Million Medical Devices- Market Size & Forecast 2020-2030, USD Million Wireless Sensor- Market Size & Forecast 2020-2030, USD Million Packaging- Market Size & Forecast 2020-2030, USD Million Others- Market Size & Forecast 2020-2030, USD Million The 20mAh – 500mAh capacity battery holds the largest market share of about 54%.

By Category

Single-cell Battery- Market Size & Forecast 2020-2030, USD Million Multi-cell Battery- Market Size & Forecast 2020-2030, USD Million By Region

North America South America Europe The Middle East & Africa Asia-Pacific Asia-Pacific dominates the market with a market share of around 47%.

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