The Europe Solid State Battery Market would witness market growth of 34.1% CAGR during the forecast period (2021-2027).
Manufacturing Solid State batteries in a cost-effective manner is a major roadblock to the growth of the Solid State Battery Market. Product demand is expected to rise in a range of end-use sectors as a result of strategic collaborations between major industry participants. In February 2020, Panasonic Corp. and Toyota Motor Corp. formed Prime Planet Energy & Solutions, Inc., a joint venture focused on the research, manufacture, and marketing of solid-state batteries for the automotive sector.
Due to the widespread usage of lithium-ion batteries as the power source for electric automobiles throughout the world, some automakers are working on solid-state batteries. Last year, Toyota said that in 2021, it will release a game-changing solid-state battery that will provide a 500-kilometer range on a single charge and rapid charging capabilities of zero to full in 10 minutes, all while posing few safety issues.
Solid-state batteries are still a work in progress, and the timetable for a victorious debut is slipping away as one difficulty is overcome only to be replaced by another in a high-tech whack-a-mole game. Many analysts believe that the release date for mass markets has been pushed out well until 2030, which is problematic for electric cars because they must be really inexpensive by then for typical wage earners.
After all, by 2030, nations like the United Kingdom will have prohibited the sale of new gasoline and diesel automobiles, and major industrial countries like Germany, France, and Italy may possibly follow suit, despite Germany's new coalition's denial for the time being. By 2030, if no new electric cars cost as much as the cheapest ICE cars – say, €10,000 ($11,200) – a large number of individuals will be shut out of the market, causing them tremendous stress while waiting for the bus. Manufacturers will be dissatisfied as well, as their sales will be slashed.
The Germany market dominated the Europe Solid State Battery Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $19.0 million by 2027. The UK market is estimated to grow at a CAGR of 33% during (2021 - 2027). Additionally, The France market would witness a CAGR of 35.1% during (2021 - 2027).
Based on Type, the market is segmented into Single-cell Battery and Multi-cell Battery. Based on Capacity, the market is segmented into Below 20 mAh, Between 20 mAh and 500 mAh, and Above 500 mAh. Based on Battery Type, the market is segmented into Portable and Thin Film. Based on Application, the market is segmented into Medical Devices, Consumer Electronics, Energy Harvesting, Wireless Sensors, Electric Vehicles, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Solid State Battery Market Size will Hit $294.1 Million by 2027, at a CAGR of 35%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Toyota Motor Corporation, Ilika plc, Samsung SDI Co., Ltd. (Samsung Electronics Group), LG Chem Ltd. (LG Corporation), Contemporary Amperex Technology Co., Limited, Solid Power, Inc., Cymbet Corporation, Quantumscape Corporation, and Prieto Battery, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Single-cell Battery and
- Multi-cell Battery
By Capacity
- Below 20 mAh
- Between 20 mAh and 500 mAh,
- Above 500 mAh
By Battery Type
By Application
- Medical Devices
- Consumer Electronics
- Energy Harvesting
- Wireless Sensors
- Electric Vehicles
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Toyota Motor Corporation
- Ilika plc
- Samsung SDI Co., Ltd. (Samsung Electronics Group)
- LG Chem Ltd. (LG Corporation)
- Contemporary Amperex Technology Co., Limited
- Solid Power, Inc.
- Cymbet Corporation
- Quantumscape Corporation
- Prieto Battery, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Solid State Battery Market, by Type
1.4.2 Europe Solid State Battery Market, by Capacity
1.4.3 Europe Solid State Battery Market, by Battery Type
1.4.4 Europe Solid State Battery Market, by Application
1.4.5 Europe Solid State Battery Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Dec – 2022, Jan) Leading Players
Chapter 4. Europe Solid State Battery Market by Type
4.1 Europe Single-cell Battery Market by Country
4.2 Europe Multi-cell Battery Market by Country
Chapter 5. Europe Solid State Battery Market by Capacity
5.1 Europe Below 20 mAh Market by Country
5.2 Europe Between 20 mAh and 500 mAh Market by Country
5.3 Europe Above 500 mAh Market by Country
Chapter 6. Europe Solid State Battery Market by Battery Type
6.1 Europe Portable Market by Country
6.2 Europe Thin Film Market by Country
Chapter 7. Europe Solid State Battery Market by Application
7.1 Europe Medical Devices Market by Country
7.2 Europe Consumer Electronics Market by Country
7.3 Europe Energy Harvesting Market by Country
7.4 Europe Wireless Sensors Market by Country
7.5 Europe Electric Vehicles Market by Country
7.6 Europe Others Market by Country
Chapter 8. Europe Solid State Battery Market by Country
8.1 Germany Solid State Battery Market
8.1.1 Germany Solid State Battery Market by Type
8.1.2 Germany Solid State Battery Market by Capacity
8.1.3 Germany Solid State Battery Market by Battery Type
8.1.4 Germany Solid State Battery Market by Application
8.2 UK Solid State Battery Market
8.2.1 UK Solid State Battery Market by Type
8.2.2 UK Solid State Battery Market by Capacity
8.2.3 UK Solid State Battery Market by Battery Type
8.2.4 UK Solid State Battery Market by Application
8.3 France Solid State Battery Market
8.3.1 France Solid State Battery Market by Type
8.3.2 France Solid State Battery Market by Capacity
8.3.3 France Solid State Battery Market by Battery Type
8.3.4 France Solid State Battery Market by Application
8.4 Russia Solid State Battery Market
8.4.1 Russia Solid State Battery Market by Type
8.4.2 Russia Solid State Battery Market by Capacity
8.4.3 Russia Solid State Battery Market by Battery Type
8.4.4 Russia Solid State Battery Market by Application
8.5 Spain Solid State Battery Market
8.5.1 Spain Solid State Battery Market by Type
8.5.2 Spain Solid State Battery Market by Capacity
8.5.3 Spain Solid State Battery Market by Battery Type
8.5.4 Spain Solid State Battery Market by Application
8.6 Italy Solid State Battery Market
8.6.1 Italy Solid State Battery Market by Type
8.6.2 Italy Solid State Battery Market by Capacity
8.6.3 Italy Solid State Battery Market by Battery Type
8.6.4 Italy Solid State Battery Market by Application
8.7 Rest of Europe Solid State Battery Market
8.7.1 Rest of Europe Solid State Battery Market by Type
8.7.2 Rest of Europe Solid State Battery Market by Capacity
8.7.3 Rest of Europe Solid State Battery Market by Battery Type
8.7.4 Rest of Europe Solid State Battery Market by Application
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent Strategies and Developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Toyota Motor Corporation
9.2.1 Company Overview
9.2.1 Financial Analysis
9.2.2 Segmental and Regional Analysis
9.2.3 Research & Development Expense
9.2.4 SWOT Analysis
9.3 Ilika plc
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent Strategies and Developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Geographical Expansions:
9.4 Samsung SDI Co., Ltd. (Samsung Electronics Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Recent Strategies and Developments:
9.4.3.1 Partnerships, Collaborations, and Agreements:
9.4.3.2 Product Launches and Product Expansions:
9.5 LG Chem Ltd. (LG Corporation)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent Strategies and Developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisitions and Mergers:
9.5.5.3 Geographical Expansions:
9.6 Contemporary Amperex Technology Co., Limited (CATL)
9.6.1 Company Overview
9.6.2 Recent Strategies and Developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.7 Solid Power, Inc.
9.7.1 Company Overview
9.7.2 Recent Strategies and Developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Acquisitions and Mergers:
9.7.2.3 Geographical Expansions:
9.8 Cymbet Corporation
9.8.1 Company Overview
9.9 Quantumscape Corporation
9.9.1 Company Overview
9.9.2 Recent Strategies and Developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Prieto Battery, Inc.
9.10.1 Company Overview
9.10.2 Recent Strategies and Developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Solid State Battery Market
TABLE 4 Product Launches And Product Expansions– Solid State Battery Market
TABLE 5 Acquisition and Mergers– Solid State Battery Market
TABLE 6 Geographical Expansions- SOLID STATE BATTERY MARKET
TABLE 7 Europe Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 8 Europe Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 9 Europe Single-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Single-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe Multi-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe Multi-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 14 Europe Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 15 Europe Below 20 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Below 20 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Between 20 mAh and 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Between 20 mAh and 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Europe Above 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Europe Above 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 21 Europe Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 22 Europe Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 23 Europe Portable Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Europe Portable Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Europe Thin Film Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Europe Thin Film Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Europe Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 28 Europe Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 29 Europe Medical Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 30 Europe Medical Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 31 Europe Consumer Electronics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Europe Consumer Electronics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Europe Energy Harvesting Market by Country, 2017 - 2020, USD Thousands
TABLE 34 Europe Energy Harvesting Market by Country, 2021 - 2027, USD Thousands
TABLE 35 Europe Wireless Sensors Market by Country, 2017 - 2020, USD Thousands
TABLE 36 Europe Wireless Sensors Market by Country, 2021 - 2027, USD Thousands
TABLE 37 Europe Electric Vehicles Market by Country, 2017 - 2020, USD Thousands
TABLE 38 Europe Electric Vehicles Market by Country, 2021 - 2027, USD Thousands
TABLE 39 Europe Others Market by Country, 2017 - 2020, USD Thousands
TABLE 40 Europe Others Market by Country, 2021 - 2027, USD Thousands
TABLE 41 Europe Solid State Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 42 Europe Solid State Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 43 Germany Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 44 Germany Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 45 Germany Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 46 Germany Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 47 Germany Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 48 Germany Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 49 Germany Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 50 Germany Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 51 Germany Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 52 Germany Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 53 UK Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 54 UK Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 55 UK Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 56 UK Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 57 UK Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 58 UK Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 59 UK Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 60 UK Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 61 UK Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 62 UK Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 63 France Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 64 France Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 65 France Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 66 France Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 67 France Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 68 France Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 69 France Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 70 France Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 71 France Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 72 France Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 73 Russia Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 74 Russia Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 75 Russia Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 76 Russia Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 77 Russia Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 78 Russia Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 79 Russia Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 80 Russia Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 81 Russia Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Russia Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Spain Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 84 Spain Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 85 Spain Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 86 Spain Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 87 Spain Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 88 Spain Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 89 Spain Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 90 Spain Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 91 Spain Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 92 Spain Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 93 Italy Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 94 Italy Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 95 Italy Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 96 Italy Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 97 Italy Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 98 Italy Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 99 Italy Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 100 Italy Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 101 Italy Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 102 Italy Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 103 Rest of Europe Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 104 Rest of Europe Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 105 Rest of Europe Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 106 Rest of Europe Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 107 Rest of Europe Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 108 Rest of Europe Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 109 Rest of Europe Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 110 Rest of Europe Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 111 Rest of Europe Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 112 Rest of Europe Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 113 key information – Robert Bosch GmbH
TABLE 114 key information – Toyota Motor Corporation
TABLE 115 key information – Ilika plc
TABLE 116 key information – Samsung SDI Co., Ltd.
TABLE 117 key information – LG Chem Ltd.
TABLE 118 key information – Contemporary Amperex Technology Co., Limited (CATL)
TABLE 119 key information – Solid Power, Inc.
TABLE 120 key information – Cymbet Corporation
TABLE 121 key information – QUANTUMSCAPE CORPORATION
TABLE 122 key information – Prieto Battery, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Dec – 2022, Jan) Leading Players
FIG 5 Swot analysis: Robert bosch gmbh
FIG 6 SWOT ANALSYSIS: TOYOTA MOTOR CORPORATION
FIG 7 Recent Strategies and Development: Ilika plc
FIG 8 Recent Strategies and Development: Samsung SDI Co., Ltd.
FIG 9 Recent Strategies and Development: LG Chem Ltd.
FIG 10 Recent Strategies and Development: Contemporary Amperex Technology Co., Limited
FIG 11 Recent Strategies and Development: Solid Power, Inc.