GITNUX MARKETDATA REPORT 2024
Solid State Battery Industry Statistics
The solid state battery industry is expected to experience significant growth in the coming years, driven by increasing demand for electric vehicles and consumer electronics.
In this post, we will explore key statistics and trends in the solid-state battery industry, providing valuable insights into the significant growth and developments shaping this technology. From market projections and investment activities to innovations in energy storage applications, we’ll take a data-driven look at the evolving landscape of solid-state batteries and their implications for various sectors such as automotive and energy storage.
Statistic 1
"The global solid-state battery market is expected to grow from $62.0 million in 2020 to $2.6 billion by 2026, at a CAGR of 72.3%."
Statistic 2
"Asia-pacific market is expected to dominate in the solid-state battery industry through 2026."
Statistic 3
"The automotive sector is projected to account for the highest share in the solid-state battery market."
Statistic 4
"The North America solid state battery market is expected to grow at 66.9% CAGR through 2025."
Statistic 5
"Solid power, a leading solid-state battery manufacturer, has raised $130 million in a Series B funding round, indicating significant investor interest."
Statistic 6
"QuantumScape, another solid-state battery start-up, achieved a valuation of over $20 billion in 2021."
Statistic 7
"In 2027, the solid-state battery market in Europe is projected to reach $482.8 million."
Statistic 8
"Energy storage applications are projected to grow at the highest CAGR of 34.6% from 2020 to 2027 in the solid-state battery market."
Statistic 9
"Li-ion based solid-state battery has the largest share of the global solid-state battery market."
Statistic 10
"It is estimated that automotive applications will hold a share of over 50% in the solid-state battery market by 2027."
Statistic 11
"The number of patents filed for solid-state batteries has seen a rise of 70% over the last three years."
Statistic 12
"Thin-film solid-state batteries are estimated to grow at over 30% CAGR in the forecast period up to 2026."
Statistic 13
"Toyota, a leading automotive manufacturer, plans to commercialize solid-state battery technology by the early 2020s."
Statistic 14
"BMW Group plans to have solid-state batteries in series production by the end of this decade."
Statistic 15
"Solid-state batteries promise 2–10 times the energy density of lithium-ion batteries."
Statistic 16
"Volkswagen aims to produce solid-state batteries capable of 750km range and 12-minute charging times by 2025."
Statistic 17
"The China solid-state battery market is expected to register a CAGR of over 60% during the forecast period 2020-2025."
Statistic 18
"Solid-state batteries could potentially power electric vehicles for over 800 kilometers (500 miles) on a single charge."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
