The global solid state battery market size is estimated to grow from USD 62 million in 2020 to USD 483 million by 2027; it is expected to grow at a CAGR of 34% during the forecast period. Factors such as the rising requirement of solid state batteries in electric vehicles, the increasing trend toward the miniaturization of consumer electronics, and growing R&D activities by major companies are driving the growth of the solid state battery market.
A full report of Solid State Battery Market is available at: https://www.orionmarketreports.com/solid-state-battery-market/10558/
Key Market Players
Cymbet (US), Robert Bosch (Germany), Toyota Motor (Japan), Solid Power (US), Excellatron Solid State (US), and BrightVolt (US) are a few of the major companies operating in the solid state battery market.
Cymbet offers solid state energy storage technology. The company provides its products under its brand name, EnerChip. The main products of Cymbet are solid state thin-film rechargeable batteries with integrated power management solutions. These batteries can be configured with integrated circuits (ICs), sensors, industrial control systems, telecommunications, networking systems and military-aerospace-transportation, RFID tags, medical devices, and portable electronic devices.
Solid State Battery Market –Segmentation
By Type:
• Single-cell Battery
• Multi-cell Battery
By Rechargeability:
• Primary Battery
• Secondary Battery
By Capacity:
• Below 20 mAh,
• Between 20 mAh and 500 mAh
• Above 500 mAh
By Application:
• Consumer Electronics
• Electric Vehicles
• Energy Harvesting
• Medical Devices
• Packaging
• Wireless Sensors
• Others
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