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 is
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:
- 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).
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be released soon. If you wish an early delivery of this report or want to
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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com