The global EV Solid-State Battery market is anticipated to grow at a significant CAGR of 20.3% during the forecast period. One of the major factors that are fueling the market is the higher energy density as compared to the Li-ion battery that uses liquid electrolyte solution which benefits the battery with the longer the battery can emit a charge in relation to its size which is useful when there isn’t much room for a battery but you need a lot of energy output. This has increased the demand for solid-state batteries in the EV market. For instance, in January 2022, Dongfeng launched Fifty Dongfeng Fengshen (Aeolus) E70 demonstration EVs with solid-state lithium batteries have been delivered by the Dongfeng Motor Corporation. The solid-state batteries were developed through a joint venture project between Dongfeng Technology Centre and Ganfeng Lithium Battery with the new E70 also able to battery swap.
Get Free Sample link @ https://www.omrglobal.com/request-sample/ev-solid-state-battery-market
COVID-19 pandemic had impacted most of the industries including the global automotive industry significantly owning to the lockdown in most of the nations to control the spread of the virus. It affected the overall demand for vehicles in the market. However, the electric vehicle market showed significant growth. As per the data of the International Energy Agency (IEA) 2020, electric car sales reached 2,977,058 vehicle units globally which are 40.8% more than the sales of electric cars in 2019. Moreover, as per the annual report 2021 of Samsung SDI Co., Ltd., the company’s total revenue increased by more than 19% as compared to 2020 revenue which was also increased by more than 11% as compared to 2019 revenue.
full report of EV Solid-State Battery Market available @ https://www.omrglobal.com/industry-reports/ev-solid-state-battery-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global EV Solid-State Battery Market Report Segment
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Propulsion
- Plug-in Hybrid Electric Vehicle
- Hybrid Electric Vehicle
- Battery Electric Vehicle
Global EV Solid-State Battery Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global EV solid-state battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ev-solid-state-battery-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
