Global Solid State Battery Market 2016-2018 Forecast to 2023 – Market is Expected to Grow at a CAGR of 70% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
solid state battery Market Research Report, Insights, Opportunity
Analysis, Market Shares and Forecast 2017 – 2023" report has
been added to ResearchAndMarkets.com's offering.

The global solid state battery market is expected to rise with the CAGR
of about 70% during the forecast period 2016-2023.

Increasing R&D activities in solid state batteries is a major factor
which contributes to the growth of global solid state battery market
during the forecast period. Also, growth in electric vehicles promotes
market growth during the forecast period.

However, high setup and installation cost and complexities in the
manufacturing process of the solid state battery are the factors
restraining growth of global solid state battery market during the
forecast period.

The growth in global solid state battery market is also influenced by
the presence of major players such as Excellatron Solid State, LLC
(U.S.), Infinite Power Solution, Inc. (U.S.), Robert Bosch Gmbh
(Germany), STMicroelectronics N.V. (Switzerland), Toyota Motor
Corporation (Japan) etc. Product launches, mergers & acquisitions, joint
ventures, collaboration etc. are some of the crucial strategies that are
adopted by the major players to gain competitive advantage.

The global solid state battery market report covers segmentation
analysis of type, capacity and applications. Further, the report covers
segments of type which includes thin-film batteries, portable batteries
and other batteries. Thin-film batteries held the largest market revenue
share in 2016 and it is expected to dominate the market during the
forecast period due to its rising adoption in packaging, wearable
devices, etc.

The applications of solid state batteries are divided as consumer
electronics, electric vehicle, energy harvesting, medical devices,
wearable devices and other applications. Electric vehicle is expected to
be the fastest growing segment during the forecast period due to
properties of solid state battery such as compactness,
cost-effectiveness, improved power density, durability (on a single
charge), etc.

Key Topics Covered

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

• Boston Power Inc. (U.S.)
• Brightvolt, Inc. (U.S.)
• Cymbet Corporation (U.S.)
• Dyson (U.K.)
• Excellatron Solid State, LLC (U.S.)
• Front Edge (U.S.)
• Infinite Power Solution, Inc. (U.S.)
• Panasonic (Japan)
• Planar Energy Devices, Inc. (U.S.)
• Prieto Battery (U.S.)
• Robert Bosch Gmbh (Germany)
• Solid Power, Inc. (U.S.)
• STMicroelectronics N.V. (Switzerland)
• Tesla Inc. (U.S.)
• Toyota Motor Corporation (Japan)

For more information about this report visit https://www.researchandmarkets.com/research/v593gl/global_solid?w=4

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Related
Topics: Hardware,
Battery
Technology