North America solid state battery market is expected to grow at steady rate during the forecast period. Growing need for energy-efficient storage systems and safety concerns towards existing battery material are some of the important factors driving the North America solid state battery market through 2024. Additionally, ongoing technological advancements coupled with increasing adoption of energy efficient technologies are further expected to propel the market over the coming years.

Solid state batteries use solid electrodes and solid electrolytes, instead of the liquid or polymer electrolytes found in conventional lithium-ion or lithium polymer batteries. Solid-state batteries find their usage in pacemakers, radio-frequency identification (RFID), and wearable devices.

The North America solid state battery market is segmented based on type, capacity, application, company and country. Based on type, the market can be fragmented into thin film, portable and bulk. The thin film battery segment is expected to register significant growth during forecast period owing to its extensive use in portable medical devices, low power sensors, consumer products, industrial systems, among others. Based on application, the market can be categorized into consumer & portable electronics, electric vehicle, energy harvesting, wearable & medical devices and others. The electric vehicle segment is expected to witness substantial growth during forecast period attributable to the fact that the major automotive market players such as Toyota, Volkswagen, Hyundai, BMW, among others in the industry are developing solid state batteries for application in electric vehicles.

Major players operating in the North America solid-state battery market include Cymbet Corporation, Seeo Inc., Toyota Motor Corporation, Sakti3 Inc., BrightVolt Inc., Excellatron Solid State LLC, Infinite Power Solutions, Inc., Planar Energy Devices Inc., Altair Nanotechnologies Inc., Solid Power Inc. and others. The companies are developing advanced technologies and launching new products to stay competitive in the market.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

• To analyze and forecast the market size of North America solid state battery market.
• To classify and forecast North America solid state battery market based on type, capacity, application, company and country distribution.
• To identify drivers and challenges for North America solid state battery market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in North America solid state battery market.
• To conduct pricing analysis for North America solid state battery market.
• To identify and analyze the profile of leading players operating in North America solid state battery market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of solid state battery manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the region.

TechSci Research calculated the market size of North America solid state battery market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Solid state battery manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to solid state battery
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, North America solid state battery market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
• Thin Film
• Portable
• Bulk
• Market, By Capacity:
• Less than 20mAh
• Between 20-500mAh
• 500mAh & Above
• Market, By Application:
• Consumer & Portable Electronics
• Electric Vehicle
• Energy Harvesting
• Wearable & Medical Devices
• Others
• Market, By Country:
• United States
• Canada
• Mexico

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in North America solid state battery market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).