Global Solid State Battery Market: Industry Trends, Opportunities and Forecasts to 2023 With Dyson, Bosch, BrightVolt, Prieto Battery, Cymbet Corp, and Excellatron Dominating – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Solid
State Battery Market – Industry Trends, Opportunities and Forecasts to
2023" report has been added to ResearchAndMarkets.com's
offering.

Global solid state battery market is projected to expand at a CAGR of
41% over the forecast period 2018 to 2023.

Continuous advancements in consumer electronics, automotive and many
other industries are increasing the demand for more compact and
efficient power sources. Small size of these batteries along with their
higher storage capacity, as compared to conventional batteries, is
expected to increase the adoption of these batteries by various industry
verticals over the projected period. Rising incidence of battery
explosions are spurring the need for safer alternatives which will
further fuel the adoption of these incombustible solid state batteries
for a wide range of applications, thus augmenting their market growth.

Increasing investments into research and development by major market
players are improving the efficiency and safety of these batteries while
improving their design. However, high cost of these batteries will
restrain their market growth in some regions.

North America, being the early adopter of advanced technologies, holds
the largest share in the global solid state battery market. Asia Pacific
is expected to show the highest growth rate over the forecast period
owing to increasing investments by market players into this region.

The competitive intelligence and company profile sections analyze key
players in the market, their growth strategies, products, financials,
and recent investments among others. Key industry players profiled as
part of this section are Dyson, Bosch, BrightVolt, Prieto Battery,
Cymbet Corporation, Excellatron along with several other players.

Segmentation

By Electrolyte

• Garnet
• LiPON

By Industry Vertical

• Consumer Electronics
• Automotive
• Healthcare

Companies Mentioned

• Dyson
• BrightVolt
• Bosch
• Prieto Battery
• Cymbet Corporation
• Excellatron
• Toyota Motor Corporation
• Infinite Power Solutions

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

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Related
Topics: Battery
Technology