DUBLIN, April 28, 2022 /PRNewswire/ — The “Global Semiconductor Battery Market Size, Share and Trend Analysis Report by Type (Single-Cell Battery and Multi-Cell Battery), By Capacity, by Battery Type, by Application , by Regional Outlook and Forecast, Report 2021-2027” has been added to from ResearchAndMarkets.com offer.
The global solid-state battery market size is expected to reach $294.1 million by 2027, growing the market at 35.0% CAGR during the forecast period.
Due to their increased energy density, lithium-ion batteries (LIBs) are considered one of the most promising energy storage technologies. LIBs are used in a wide range of applications, including mobile electronics, electric and hybrid cars, and stationary energy storage systems, among others. Due to their low cost and abundant sodium reserve, sodium-ion batteries have recently attracted much interest as replacements for LIBs for electrical energy storage applications. Aluminum ion batteries are a potential option due to their low cost, benign nature, and availability on the planet, along with three-electron redox couples that enable storage capacity competitive with lithium-ion storage to a single electron.
Traditional LIBs using organic liquid electrolytes have a number of drawbacks, including safety issues and low energy density. Due to the need for non-flammable solid electrolytes, allowing a great improvement in energy density, solid-state Li batteries should use metallic Li anodes. Solid-state batteries (SSB) are becoming increasingly attractive as next-generation high-energy-density batteries through the addition of metal anodes. Lithium metal, in particular, has a high theoretical specific capacity, low density, and the lowest electrochemical potential of all metals.
SSBs are considered safe and secure, offering longer life cycles, better energy density, and requiring less packaging than liquid electrolyte Li-ion batteries. As a result, SSBs have received a lot of attention over the past few decades. In this brief overview, we summarize recent developments in solid-state Li, Na, and Al batteries, as well as current issues, and suggest various viable avenues of research to address these issues.
SSBs are considered safe and secure, offering longer life cycles, better energy density, and requiring less packaging than liquid electrolyte Li-ion batteries. As a result, SSBs have received a lot of attention over the past few decades. In this brief overview, we summarize recent developments in solid-state Li, Na, and Al batteries, as well as current issues, and suggest various viable avenues of research to address these issues.
COVID-19 Impact Analysis
The existence of Covid-19 outbreaks can be used to forecast the growth of the solid state battery industry. The Covid-19 outbreak has forced the closure or partial closure of industries, warehouses, businesses and educational institutions around the world. Other lockdown measures have also been implemented, including strict social distancing standards, restricted movement and limited access to public spaces, restaurants, theme parks, cinemas and shopping malls.
Supply chain operations and logistics-related services have been disrupted in almost every industry across the globe. The development of the solid-state battery market has also been hampered by limited consumer and business investment, foreclosure efforts, and supply chain disruptions. The market is experiencing a slowdown due to the Covid-19 outbreak, which has led to the closure of many SMEs, logistical difficulties, blockages and other problems.
Market Growth Factors:
Global demand for electric vehicles is growing
One of the biggest development prospects for the solid-state battery industry is the use of these batteries in electric cars. Due to the introduction of favorable legislation in countries such as United Statesthe UK, China, Germanyand Japanthe global demand for electric cars continues to grow.
Moreover, the adoption of electric cars in countries like United Statesthe UKand Germany, among other things, helps them reduce their dependence on imported oil and reduce greenhouse gas emissions in the transport sector. Every year, global sales of light electric vehicles are increasing significantly. China, United Statesthe UK, Germany, Franceand Japan are just some of the important countries driving up electric car sales. The growing popularity of electric cars is propelling the development of solid-state batteries.
Market restraining factors
Manufacturing costs of solid-state batteries are quite high
The development of solid-state batteries requires large capital outlays for research and development as well as the establishment of production facilities. This requires the use of complex equipment as well as the inclusion of state-of-the-art solid-state battery production technology. It is difficult to develop a stable, chemically inert, yet good ion-conducting solid electrolyte between the two electrodes of a solid-state battery. Compared to lithium-ion batteries, they are more expensive to manufacture and are more prone to rupture due to the fragility of the electrolytes as they expand and compress during use. A solid-state cell now costs about eight times as much to manufacture as a liquid Li-ion battery.
Main topics covered:
Chapter 1. Market Scope and Methodology
Chapter 2. Market Overview
2.1 Presentation
2.1.1 Presentation
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market constraints
Chapter 3. Competitive Analysis – Global
3.1 Cardinal matrix KBV
3.2 Recent Industry-Wide Strategic Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and mergers
3.2.4 Geographic expansions
3.3 Main winning strategies
3.3.1 Key Primary Strategies: Percentage Breakdown (2017-2021)
3.3.2 Key Strategic Movement: (Partnerships, Collaborations and Agreements: 2017, December – 2022, January) Key Players
Chapter 4. Global Solid State Battery Market by Type
4.1 Global Single Cell Battery Market by Region
4.2 Global Multi-cell Battery Market by Region
Chapter 5. Global Solid State Battery Market by Capacity
5.1 Global Sub-20mAh Market by Region
5.2 Global 20mAh to 500mAh Market by Region
5.3 Global Above 500mAh Market by Region
Chapter 6. Global Solid State Battery Market by Battery Type
6.1 Global Mobile Phone Market by Region
6.2 Global Thin Films Market by Region
Chapter 7. Global Solid State Battery Market by Application
7.1 Global Medical Devices Market by Region
7.2 Global Consumer Electronics Market by Region
7.3 Global Energy Recovery Market by Region
7.4 Global Wireless Sensors Market by Region
7.5 Global Electric Vehicle Market by Region
7.6 Global Others Market by Region
Chapter 8. Global Solid State Battery Market by Region
Chapter 9. Business Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial analysis
9.1.3 Sectoral and regional analysis
9.1.4 Research and development costs
9.1.5 Recent Strategies and Developments:
9.1.5.1 Partnerships, collaborations and agreements:
9.1.6 SWOT Analysis
9.2 Toyota Motor Corporation
9.2.1 Company overview
9.2.1 Financial analysis
9.2.2 Sectoral and regional analysis
9.2.3 Research and development costs
9.2.4 SWOT Analysis
9.3 Ilika plc
9.3.1 Company overview
9.3.2 Financial analysis
9.3.3 Regional Analysis
9.3.4 Research and development costs
9.3.5 Strategies and recent developments:
9.3.5.1 Partnerships, collaborations and agreements:
9.3.5.2 Geographic extensions:
9.4 Samsung SDI Co., Ltd. (Samsung Electronics Group)
9.4.1 Company Overview
9.4.2 Financial analysis
9.4.3 Strategies and recent developments:
9.4.3.1 Partnerships, collaborations and agreements:
9.4.3.2 Product launches and product extensions:
9.5 LG Chem Ltd. (LG Corporation)
9.5.1 Company Overview
9.5.2 Financial analysis
9.5.3 Sectoral and regional analysis
9.5.4 Research and development costs
9.5.5 Recent Strategies and Developments:
9.5.5.1 Partnerships, collaborations and agreements:
9.5.5.2 Acquisitions and Mergers:
9.5.5.3 Geographic extensions:
9.6 Contemporary Amperex Technology Co., Limited (CATL)
9.6.1 Company Overview
9.6.2 Strategies and recent developments:
9.6.2.1 Partnerships, collaborations and agreements:
9.6.2.2 Product launches and product extensions:
9.7 Solid Power, Inc.
9.7.1 Company Overview
9.7.2 Strategies and recent developments:
9.7.2.1 Partnerships, collaborations and agreements:
9.7.2.2 Acquisitions and mergers:
9.7.2.3 Geographic extensions:
9.8 Cymbet Company
9.8.1 Company Overview
9.9 Quantumscape Corporation
9.9.1 Company overview
9.9.2 Strategies and recent developments:
9.9.2.1 Partnerships, collaborations and agreements:
9.10. Prieto Battery, Inc.
9.10.1 Company Overview
9.10.2 Strategies and recent developments:
9.10.2.1 Partnerships, collaborations and agreements:
For more information about this report visit https://www.researchandmarkets.com/r/z4axf0
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