Freelancer Global Market Research Report Solid state battery Market Research analysis 2018
The solid-state batteries market is segmented based on type, application and geography.
Based on type, the market is segmented into Lead acid, Nicd, NiMH, Li-ion, and Li-Metal.
Based on the application, Consumer electronics, Entertainment, Medical devices,
Packaging, Electric vehicles, Portable devices, Smart cards, Wearable devices, Wireless
communication, and Others. Geographically, the market is segmented as, North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Solid state battery is lightweight and long-lasting batteries that are designed using
electrode and electrolyte materials. The demand for compact and long-lasting batteries
is rising leading to increased opportunities offered by Smartphone and sensors
technologies that utilize such batteries are promoting the growth of the solid-state
battery market. The solid-state batteries are safer than liquid state batteries and have
higher performance efficiency. These batteries are costly as compared to conventional
batteries and their inefficient performance in lower temperatures are some hurdles for
the market.
The demand for efficient batteries and growing consumer electronics market are the
major drivers attracting investment in solid state batteries market. The solid-state
batteries are safe devices when compared to conventional batteries as they do not
use flammable liquid electrolyte. The automobile industries are investing in solid
state batteries to use them in electric vehicles manufactured by them. The
smartphone industry is a major end-user of these batteries and the market for these
batteries is predicted to further grow owing to development in wireless technologies.
Developing cost-effective solid-state batteries for a wide range of applications is a
major challenge for the industry.
Top Key Players:-
24m Technologies
Blue Solutions
Flashcharge Batteries
Planar Energy Devices
PolyPlus Battery Company
Prieto Battery Inc.
Hitachi
Zosen Corporation
Johnson Battery Technologies
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Battery-Market-Analysis-to-2025