A solid-state battery is a category of battery that has both solid electrodes and electrolytes. These materials in the battery are very good ionic conductors, which is required for the efficient performance of the electrolyte and electrode. Solid state batteries eventually make the product long lasting and safer. The above advantages make them suitable for use in EVs and consumer electronics.
Technavio’s analysts forecast the global solid-state battery market to grow at a CAGR of 72.33% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global solid-state battery market for 2017-2021. To calculate the market size, the report considers the new shipments and exclude replacement/ aftermarket/services market.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Solid-State Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Cymbet • Infinite Power Solutions • Sakti • Seeo • Solid Power
Other prominent vendors • Robert Bosch • Toyota Motor Corporation • Planar Energy • Excellatron • BrightVolt • STMicroelectronics • Front Edge Technology
Market driver • Improved consumer spending • For a full, detailed list, view our report
Market challenge • Competition from other battery technologies • For a full, detailed list, view our report
Market trend • Need for clean energy to mitigate climate change • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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