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Solid State Batteries Market Size, Key Vendors, Growth Rate, Drivers, Volume & Forecast Report to 2018-2023

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Paloma Jones

A Solid State Battery is composed mainly of cathode, anode, and solid electrolyte, as developed during the latter half of the 20th century. Solid state batteries have a simpler structure than the traditional LiBs, and the simplified structure with a solid electrolyte enables higher energy density. Solid electrolytes not only conduct Li+ ions but also serve as the separator, as shown in Figure below. In solid state batteries, no organic liquid electrolyte, electrolyte salt, separator, or binder is required, which dramatically simplifies the assembly process. The operational principle of solid state batteries is no different from the traditional LiBs. In the charge process, lithium ions deintercalate from the cathode material and transport to the anode through the electrolyte, while electrons drift to the anode by the external circuit. Lithium ions combine with electrons to form more complete lithium atoms. The discharge process is just the reverse.

Chemical energy storage, including lead acid batteries, nickel system batteries, and lithium ion batteries (LiBs), is considered to be the most promising energy storage technology for industrialization. Among these, LiBs have many advantages such as light weight, high energy density, high power density, and long life, and they are overwhelmingly preferred by designers for use in portable electronic devices such as cell phones and laptops. However, overcharging or short-circuiting can lead to high temperature and result in fire or explosion due to the presence of flammable organic electrolytes. Fires and explosions of LiBs have been reported throughout the world. The developments of electric vehicles (EVs) and large-scale energy storage devices for new kinds of power stations greatly expand the market for LiBs, meanwhile, stricter safety requirements apply to LiBs. Since large numbers of LiBs are packed together in EVs or power stations, fire or explosion in an LiB could be disastrous. Safety has become the main obstacle for the wide application of LiBs. To meet this issue, solid state batteries have entered the field.

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Although Solid State Batteries based on inorganic solid electrolytes have clearly demonstrated their great possibilities for electric vehicles and large-scale energy storage systems, further development is still required to improve their energy density, rate capability, and cycling stability, while ensuring excellent safety. Actually, they are still far from being commercialized for industrial applications, which require systematical studies and will be a complicated process.

In summary, scientific and technical research on Solid State Batteries is progressing gradually. The current achievements indicate that Solid State Batteries with high energy density are promising candidates for large-scale energy storage and even electric vehicle applications

Over the next five years, LPI(LP Information) projects that Solid State Batteries will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

  • This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:

BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota, Panasonic, Jiawei, Bosch, Quantum Scape, Ilika, Excellatron Solid State, Cymbet, Solid Power, Mitsui Kinzoku, Samsung and ProLogium.

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  • Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like:

North America (United States, Canada and Mexico), Asia-Pacific (China, Japan, Southeast Asia, India and Korea), Europe (Germany, UK, France, Italy and Russia etc.), South America (Brazil, Chile, Peru and Argentina) and Middle East and Africa (Egypt, South Africa, Saudi Arabia).

  • Split by Product Types, with sales, revenue, price, market share of each type, can be divided into:

Polymer-Based Solid State Batteries and Solid State Batteries with Inorganic Solid Electrolytes.

  • Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into:

Home Consumers, Health Clubs / Gym, Hotel Gym, Medical Centers / Hospitals and Others .

Major Points From TOC:

Chapter One: Solid State Batteries Market Overview

Chapter Two: Global Solid State Batteries Sales, Revenue (Value) and Market Share by Players

Chapter Three: Global Solid State Batteries Sales, Revenue (Value) by Regions, Type and Application (2013-2018)

Chapter Four: North America Top 5 Players Solid State Batteries Sales, Revenue and Price

Chapter Five: Europe Top 5 Players Solid State Batteries Sales, Revenue and Price

Chapter Six: Asia-Pacific Top 5 Players Solid State Batteries Sales, Revenue and Price

Chapter Seven: South America Top 5 Players Solid State Batteries Sales, Revenue and Price

Chapter Eight: Middle East & Africa Top 5 Players Solid State Batteries Sales, Revenue and Price

Chapter Nine: Global Solid State Batteries Players Profiles/Analysis

Chapter Ten: Global Solid State Batteries Market Forecast (2018-2023)

Chapter Eleven: Solid State Batteries Manufacturing Cost Analysis

Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter Thirteen: Marketing Strategy Analysis, Distributors/Traders

Chapter Fourteen: Market Effect Factors Analysis

Chapter Fifthteen: Research Findings and Conclusion

Chapter Sixteen: Appendix

Making Solid State Batteries usable outside the laboratory involves multiple factors such as solid electrolytes, electrodes, interface properties, and construction design. The high cost and very small production scale of solid state electrolytes with high ionic conductivity hinder the application of Solid State Batteries. Meanwhile, Solid State Batteries still suffer from inferior power density and poor cycle life, due to the high transfer resistance of lithium ions between the electrodes and solid electrolytes. Thus, at this stage, the direction for research exploring Solid State Batteries for commercial applications is to develop new cathodes based on the conversion reaction mechanism with low or even zero strain and energy levels well matched with the electrolytes. All of these together are expected to yield new material systems with high capacity. In addition, the use of lithium metal in anodes will be another thrust of Solid State Batteries development. Another is the design of novel SEs with high lithium-ion conductivity at room temperature and wide electrochemical window. Meanwhile, future SEs should show excellent chemical stability in the presence of metallic lithium. Also, new methods should be proposed to reduce the interfacial resistance between the electrode and electrolyte. Finally, the optimal combination of different fabrication processes and equipment automation as well as device design are necessary for the realization of Solid State Batteries with high capacity, low cost, and high yield.

Related Report:

2018-2023 Global Solid State Batteries Consumption Market Report :

In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Solid State Batteries market for 2018-2023.

Chemical energy storage, including lead acid batteries, nickel system batteries, and lithium ion batteries (LiBs), is considered to be the most promising energy storage technology for industrialization. Among these, LiBs have many advantages such as light weight, high energy density, high power density, and long life, and they are overwhelmingly preferred by designers for use in portable electronic devices such as cell phones and laptops. However, overcharging or short-circuiting can lead to high temperature and result in fire or explosion due to the presence of flammable organic electrolytes. Fires and explosions of LiBs have been reported throughout the world. The developments of electric vehicles (EVs) and large-scale energy storage devices for new kinds of power stations greatly expand the market for LiBs, meanwhile, stricter safety requirements apply to LiBs. Since large numbers of LiBs are packed together in EVs or power stations, fire or explosion in an LiB could be disastrous. Safety has become the main obstacle for the wide application of LiBs. To meet this issue, solid state batteries have entered the field.

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