Pune, Maharashtra -- (SBWIRE) -- 01/20/2020 -- Solid State Battery Market 2020

Description: -

Batteries are changing in response to the implementation of wind and solar energy systems. Solid state batteries represent the next generation of power storage for vehicles. Nanotechnology permits units to be miniaturized, standalone, and portable. Solid-state batteries have advantages in power and density: low-power draw and highenergy density. They have limitations in that there is difficulty getting high currents across solid–solid interfaces.

Power delivery is different in solid state batteries, – there is more power per given weight. The very small and very thin size of solid state battery electrodes help to reduce the physical size of the sensor or device using the battery. Units can stay in the field longer. Solid state batteries can store harvested energy.

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Major Key Players

Amperex Technology Ltd
Amprius
Apple
Aquion Energy
BASF
Bolloré
BMW
Bosch
Cymbet
Dyson

A global market is a large sector with several regions competing against each other for a huge chunk of the market share. In a market that has been existing for several years and having several prominent players, new entrants entering the market must first understand whether they can survive there. An extensive study was conducted to understand the global Solid State Battery market and where each key player stands. Several factors were taken into consideration before the study. The key players, investment, and their revenue share over the years were also considered for the study. More focus was given to product positioning, product sales, product revenue and product category to effectively understand the Solid State Battery market.
The effectiveness of the marketing strategies adopted by key players were also considered for the study. The marketing strategies were considered to understand whether the changing market, fluctuation in demand and supply, introduction of technology and other factors had any effect on the marketing strategies. The study revealed that the global Solid State Battery market has seen a lot of fluctuations between 2020 and 2026 owing to several factors. The forecast for the Solid State Battery market shows a steady growth for the years to come.

Market Segmentation

The global Solid State Battery market was segmented into key players in the market, product type, materials used, end users, product application, and geography for the purpose of the study. The key players were further segmented into global, regional and country-level players, their revenue, and market share. It was important to segment the Solid State Battery market based on their market share to understand the fluctuations that are affecting individual companies. It was found that there were several external factors that influenced a company's market share globally, and regionally.

Regional Analysis

On the basis of region, the global Solid State Battery market was segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Americas was once the market leader with a major share of the market. Owing to high demand for the products and services of Solid State Battery market, the global Solid State Battery market is presently dominated by UK, and France in Europe. Europe had the largest part of the market share followed by China, India, Japan and the rest of Asia Pacific. The study showed that the drastic change in the increased market share of Europe and Asia Pacific is due to the increased investment in technology and infrastructure.

Drivers and Risks

The increased cost of materials, lack of standardization, limitation of product size, limited process control, and government policies may hinder the growth of global Solid State Battery market in the years to come. Thought competitive market offers a lot of scope for growth, increased cost of production is a factor that is driving away new entrants and investment. But as several key players are willing to invest in technology, the chances of loss are reduced drastically.

Research Methodology

For the purpose of the study, we used the BCG matrix to understand the market growth-share. The BC matrix helped to understand the growth opportunities for Solid State Battery Market for the years to come. It also helped formulate strategic planning for the forecast period and showed where investment must be made. The study revealed that even with increase in production cost, there is a potential for growth in the market share even for new entrants who embrace technology.

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Table of Contents – Major Key Points

1. Solid-State Battery Market Definition And Market Dynamics 10

2. Lithium Ion Battery Market Shares And Forecasts 14

3. Solid State Battery Product Developments 40

4. Solid State Battery Research And Technology 41

5. Solid State Battery Company Profiles 50 5.1 Amperex Technology Ltd. (Catl) 50

Continued….

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