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
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