Solid-state Battery Industry Trends & Forecast: Market Outlook to 2030

Overview of the Solid-state Battery Market

This market research report offers detailed market analysis, industry insights, and growth forecasts for the Solid-state Battery industry. It includes qualitative and quantitative research, competitive intelligence, and key market trends. Designed to support strategic planning, the report covers market segmentation, share data, and emerging opportunities—ideal for businesses, investors, and analysts seeking reliable data to inform decisions and understand the competitive landscape.

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Scope of the Report

• Market size and revenue (current & projected)
• Growth trends backed by real data
• Competitive landscape and who’s leading
• Opportunities and threats worth noting

Key Findings and Insights Market Size and Growth

The Global Solid State Batteries Market size was valued at around USD 1.2 billion in 2024 and is projected to reach USD 6.35 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 32.00% during the forecast period, i.e., 2025-30.

Key Factors Driving Growth

Increasing Adoption of Electronic & Hybrid Vehicles – The automotive sector is primarily adopting electronic vehicles due to the increase in disposable income, urbanization, growing white collar population, government support, inclination of consumers towards renewables, etc. Moreover, the government is increasingly promoting the acceptance of electronic and hybrid vehicles globally to reduce the carbon footprint. The government has initiated several programs, schemes, tax relaxations, investment in the charging infrastructure, and others, leading to an increase in the ownership of vehicles. As per the US Energy Information Administration, about 22% of the vehicles sold in the first quarter of 2025 in the US are EVs, marking an increase from the 18% of EVs in 2024.

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Solid-state Battery Market Segmentation Insight (2025-30)

Break down the market into key segments such as:

By Type

• Thin Film Battery- Market Size & Forecast 2020-2030, USD Million
• Bulk Battery- Market Size & Forecast 2020-2030, USD Million

By Capacity

• Below 20mAh- Market Size & Forecast 2020-2030, USD Million
• 20mAh - 500mAh- Market Size & Forecast 2020-2030, USD Million
• Above 500mAh- Market Size & Forecast 2020-2030, USD Million

The 20mAh – 500mAh capacity battery holds the largest market share of about 54%. 

By Application

• Consumer & Portable Electronics - Market Size & Forecast 2020-2030, USD Million
• Electric Vehicles- Market Size & Forecast 2020-2030, USD Million
• Energy Harvesting- Market Size & Forecast 2020-2030, USD Million
• Medical Devices- Market Size & Forecast 2020-2030, USD Million
• Wireless Sensor- Market Size & Forecast 2020-2030, USD Million
• Packaging- Market Size & Forecast 2020-2030, USD Million
• Others- Market Size & Forecast 2020-2030, USD Million

By Category

• Single-cell Battery- Market Size & Forecast 2020-2030, USD Million
• Multi-cell Battery- Market Size & Forecast 2020-2030, USD Million

Based on category, the multi-cell battery segment holds the largest market share of around 67%.

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Notable Industry Key Players

Get detailed profiles and strategic insights on major companies shaping the market, including:

• Robert Bosch
• Toyota Motor
• Solid Power
• Excellartion Solid State
• Bright Volt
• SK Innovation Co, Ltd
• STMicroelectronics
• Total Energies
• Store Dot
• QuntumScape Corporation
• Factorial Inc
• Gangfeng Lithium Co Ltd
• Prieto Battery
• Blue Solutions
• ProLogium Technology

Request Methodology

• Robust methodology ensures accuracy and minimizes forecast deviations.
• Top-down and bottom-up analysis for precise market segmentation.
• Multi-angle data triangulation enhances reliability of insights.
• Expert-led primary research through surveys, interviews, and more.
• Predictive modeling delivers forward-looking market intelligence.

Key Questions Answered in This Market Research Report

• What is the current market size and total valuation?
• How fast is the market expected to grow in the coming years?
• What are the latest trends influencing the market?
• Which factors are driving or restraining market growth?
• How is the market segmented and geography?
• Who are the key players and what strategies are they adopting?
• What does the competitive landscape look like?
• Which regions offer the highest growth opportunities?
• What opportunities and challenges should stakeholders prepare for?

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