The Latin America, Middle East and Africa Solid State Battery Market would witness market growth of 40.6% CAGR during the forecast period (2021-2027).
The continuous, though intermittent, shift to renewable energy sources has highlighted the need for innovative electric energy storage technologies to balance supply and demand. With the increased use of electric cars, more cost-effective energy storage options are required. At the same time, as people become more aware of climate change, manufacturers are being pushed to invest in clean technology to improve battery efficiency and longevity. Growing battery research & development results in significant material performance gains and lower production costs. Solid-state batteries (SSB) provide better safety and energy density while solving the safety issues that plague traditional lithium-ion batteries with liquid organic electrolytes.
Due to growing R&D activities connected to solid-state batteries, the Solid State Battery Market is growing. Increasing application of Solid State Batteries in electric automobiles, mass production of electronic devices, expanding application scope of solid-state batteries in the electric vehicle, healthcare, and drone sectors, and rising deployment of IoT to promote solid-state battery adoption, and the integration of flexible and lightweight batteries in wearables, are all driving the growth of the Solid State Battery Market.
The fast invention, production, and sale of batteries, particularly lithium-ion batteries, has been fueled by the quick rise of the electric car sector. In the meanwhile, material sources, battery vendors, component suppliers, vehicle OEMs, and investors are all interested in solid-state batteries.
Governments all across the globe are under pressure to commit to being carbon neutral, and the Middle East is no different. This aim necessitates a reduction in the number of gasoline-powered vehicles on the road. As a result, the number of electric cars (EVs) purchased in Saudi Arabia and the United Arab Emirates, as well as globally, has been steadily increasing. Automobile manufacturers are continually developing new models to meet the needs of this expanding market.
The lack of charging facilities in the Middle East and Africa is a key impediment to the expansion of the electric car industry in the region. In urban and suburban locations, gas stations may be found every few miles; however, public infrastructure for electric vehicles is primarily found in big metropolitan areas.
The Brazil market dominated the LAMEA Solid State Battery Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5.3 million by 2027. The Argentina market is poised to grow at a CAGR of 41.4% during (2021 - 2027). Additionally, The UAE market would display a CAGR of 40.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Solid State Battery Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Solid State Battery Market, by Type
1.4.2 LAMEA Solid State Battery Market, by Capacity
1.4.3 LAMEA Solid State Battery Market, by Battery Type
1.4.4 LAMEA Solid State Battery Market, by Application
1.4.5 LAMEA 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. LAMEA Solid State Battery Market by Type
4.1 LAMEA Single-cell Battery Market by Country
4.2 LAMEA Multi-cell Battery Market by Country
Chapter 5. LAMEA Solid State Battery Market by Capacity
5.1 LAMEA Below 20 mAh Market by Country
5.2 LAMEA Between 20 mAh and 500 mAh Market by Country
5.3 LAMEA Above 500 mAh Market by Country
Chapter 6. LAMEA Solid State Battery Market by Battery Type
6.1 LAMEA Portable Market by Country
6.2 LAMEA Thin Film Market by Country
Chapter 7. LAMEA Solid State Battery Market by Application
7.1 LAMEA Medical Devices Market by Country
7.2 LAMEA Consumer Electronics Market by Country
7.3 LAMEA Energy Harvesting Market by Country
7.4 LAMEA Wireless Sensors Market by Country
7.5 LAMEA Electric Vehicles Market by Country
7.6 LAMEA Others Market by Country
Chapter 8. LAMEA Solid State Battery Market by Country
8.1 Brazil Solid State Battery Market
8.1.1 Brazil Solid State Battery Market by Type
8.1.2 Brazil Solid State Battery Market by Capacity
8.1.3 Brazil Solid State Battery Market by Battery Type
8.1.4 Brazil Solid State Battery Market by Application
8.2 Argentina Solid State Battery Market
8.2.1 Argentina Solid State Battery Market by Type
8.2.2 Argentina Solid State Battery Market by Capacity
8.2.3 Argentina Solid State Battery Market by Battery Type
8.2.4 Argentina Solid State Battery Market by Application
8.3 UAE Solid State Battery Market
8.3.1 UAE Solid State Battery Market by Type
8.3.2 UAE Solid State Battery Market by Capacity
8.3.3 UAE Solid State Battery Market by Battery Type
8.3.4 UAE Solid State Battery Market by Application
8.4 Saudi Arabia Solid State Battery Market
8.4.1 Saudi Arabia Solid State Battery Market by Type
8.4.2 Saudi Arabia Solid State Battery Market by Capacity
8.4.3 Saudi Arabia Solid State Battery Market by Battery Type
8.4.4 Saudi Arabia Solid State Battery Market by Application
8.5 South Africa Solid State Battery Market
8.5.1 South Africa Solid State Battery Market by Type
8.5.2 South Africa Solid State Battery Market by Capacity
8.5.3 South Africa Solid State Battery Market by Battery Type
8.5.4 South Africa Solid State Battery Market by Application
8.6 Nigeria Solid State Battery Market
8.6.1 Nigeria Solid State Battery Market by Type
8.6.2 Nigeria Solid State Battery Market by Capacity
8.6.3 Nigeria Solid State Battery Market by Battery Type
8.6.4 Nigeria Solid State Battery Market by Application
8.7 Rest of LAMEA Solid State Battery Market
8.7.1 Rest of LAMEA Solid State Battery Market by Type
8.7.2 Rest of LAMEA Solid State Battery Market by Capacity
8.7.3 Rest of LAMEA Solid State Battery Market by Battery Type
8.7.4 Rest of LAMEA 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 LAMEA Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA 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 LAMEA Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 8 LAMEA Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 9 LAMEA Single-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 10 LAMEA Single-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 11 LAMEA Multi-cell Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 12 LAMEA Multi-cell Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 13 LAMEA Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 14 LAMEA Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 15 LAMEA Below 20 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 16 LAMEA Below 20 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 17 LAMEA Between 20 mAh and 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 18 LAMEA Between 20 mAh and 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 19 LAMEA Above 500 mAh Market by Country, 2017 - 2020, USD Thousands
TABLE 20 LAMEA Above 500 mAh Market by Country, 2021 - 2027, USD Thousands
TABLE 21 LAMEA Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 22 LAMEA Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 23 LAMEA Portable Market by Country, 2017 - 2020, USD Thousands
TABLE 24 LAMEA Portable Market by Country, 2021 - 2027, USD Thousands
TABLE 25 LAMEA Thin Film Market by Country, 2017 - 2020, USD Thousands
TABLE 26 LAMEA Thin Film Market by Country, 2021 - 2027, USD Thousands
TABLE 27 LAMEA Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 28 LAMEA Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 29 LAMEA Medical Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 30 LAMEA Medical Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 31 LAMEA Consumer Electronics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 LAMEA Consumer Electronics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 LAMEA Energy Harvesting Market by Country, 2017 - 2020, USD Thousands
TABLE 34 LAMEA Energy Harvesting Market by Country, 2021 - 2027, USD Thousands
TABLE 35 LAMEA Wireless Sensors Market by Country, 2017 - 2020, USD Thousands
TABLE 36 LAMEA Wireless Sensors Market by Country, 2021 - 2027, USD Thousands
TABLE 37 LAMEA Electric Vehicles Market by Country, 2017 - 2020, USD Thousands
TABLE 38 LAMEA Electric Vehicles Market by Country, 2021 - 2027, USD Thousands
TABLE 39 LAMEA Others Market by Country, 2017 - 2020, USD Thousands
TABLE 40 LAMEA Others Market by Country, 2021 - 2027, USD Thousands
TABLE 41 LAMEA Solid State Battery Market by Country, 2017 - 2020, USD Thousands
TABLE 42 LAMEA Solid State Battery Market by Country, 2021 - 2027, USD Thousands
TABLE 43 Brazil Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 44 Brazil Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 45 Brazil Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 46 Brazil Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 47 Brazil Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 48 Brazil Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 49 Brazil Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 50 Brazil Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 51 Brazil Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 52 Brazil Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 53 Argentina Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 54 Argentina Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 55 Argentina Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 56 Argentina Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 57 Argentina Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 58 Argentina Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 59 Argentina Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 60 Argentina Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 61 Argentina Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 62 Argentina Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 63 UAE Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 64 UAE Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 65 UAE Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 66 UAE Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 67 UAE Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 68 UAE Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 69 UAE Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 70 UAE Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 71 UAE Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 72 UAE Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 73 Saudi Arabia Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 74 Saudi Arabia Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 75 Saudi Arabia Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 76 Saudi Arabia Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 77 Saudi Arabia Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 78 Saudi Arabia Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 79 Saudi Arabia Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 80 Saudi Arabia Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 81 Saudi Arabia Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Saudi Arabia Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 83 South Africa Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 84 South Africa Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 85 South Africa Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 86 South Africa Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 87 South Africa Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 88 South Africa Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 89 South Africa Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 90 South Africa Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 91 South Africa Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 92 South Africa Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 93 Nigeria Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 94 Nigeria Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 95 Nigeria Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 96 Nigeria Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 97 Nigeria Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 98 Nigeria Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 99 Nigeria Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 100 Nigeria Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 101 Nigeria Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 102 Nigeria Solid State Battery Market by Application, 2021 - 2027, USD Thousands
TABLE 103 Rest of LAMEA Solid State Battery Market, 2017 - 2020, USD Thousands
TABLE 104 Rest of LAMEA Solid State Battery Market, 2021 - 2027, USD Thousands
TABLE 105 Rest of LAMEA Solid State Battery Market by Type, 2017 - 2020, USD Thousands
TABLE 106 Rest of LAMEA Solid State Battery Market by Type, 2021 - 2027, USD Thousands
TABLE 107 Rest of LAMEA Solid State Battery Market by Capacity, 2017 - 2020, USD Thousands
TABLE 108 Rest of LAMEA Solid State Battery Market by Capacity, 2021 - 2027, USD Thousands
TABLE 109 Rest of LAMEA Solid State Battery Market by Battery Type, 2017 - 2020, USD Thousands
TABLE 110 Rest of LAMEA Solid State Battery Market by Battery Type, 2021 - 2027, USD Thousands
TABLE 111 Rest of LAMEA Solid State Battery Market by Application, 2017 - 2020, USD Thousands
TABLE 112 Rest of LAMEA 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.