According to Orbis Research industry statistics, the ‘Global Solid State Batteries Market’ will inventory a CAGR of about xx% by 2025. This market research report offers a comprehensive analysis of the Solid State Batteries market’s growth based on end-users and geography.
Chemical energy storage, including lead acid batteries, nickel system batteries, and lithium ion batteries (LiBs), is considered to be the most promising energy storage technology for industrialization. Among these, LiBs have many advantages such as light weight, high energy density, high power density, and long life, and they are overwhelmingly preferred by designers for use in portable electronic devices such as cell phones and laptops. However, overcharging or short-circuiting can lead to high temperature and result in fire or explosion due to the presence of flammable organic electrolytes. Fires and explosions of LiBs have been reported throughout the world. The developments of electric vehicles (EVs) and large-scale energy storage devices for new kinds of power stations greatly expand the market for LiBs, meanwhile, stricter safety requirements apply to LiBs. Since large numbers of LiBs are packed together in EVs or power stations, fire or explosion in an LiB could be disastrous. Safety has become the main obstacle for the wide application of LiBs. To meet this issue, solid state batteries have entered the field.
In 2018, the Global Solid State Batteries Market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
Solid Power, Mitsui Kinzoku, Samsung, ProLogium, Front Edge Technology, BMW, Hyundai, Dyson, Apple, CATL, Bolloré, Toyota, Panasonic, Jiawei, Bosch, Quantum Scape, Ilika, Excellatron Solid State, Cymbet
A solid state battery is composed mainly of cathode, anode, and solid electrolyte, as developed during the latter half of the 20th century. Solid state batteries have a simpler structure than the traditional LiBs, and the simplified structure with a solid electrolyte enables higher energy density. Solid electrolytes not only conduct Li+ ions but also serve as the separator, as shown in Figure below. In solid state batteries, no organic liquid electrolyte, electrolyte salt, separator, or binder is required, which dramatically simplifies the assembly process. The operational principle of solid state batteries is no different from the traditional LiBs. In the charge process, lithium ions deintercalate from the cathode material and transport to the anode through the electrolyte, while electrons drift to the anode by the external circuit. Lithium ions combine with electrons to form more complete lithium atoms. The discharge process is just the reverse.
Although Solid State Batteries based on inorganic solid electrolytes have clearly demonstrated their great possibilities for electric vehicles and large-scale energy storage systems, further development is still required to improve their energy density, rate capability, and cycling stability, while ensuring excellent safety. Actually, they are still far from being commercialized for industrial applications, which require systematical studies and will be a complicated process.
Making Solid State Batteries usable outside the laboratory involves multiple factors such as solid electrolytes, electrodes, interface properties, and construction design. The high cost and very small production scale of solid state electrolytes with high ionic conductivity hinder the application of Solid State Batteries. Meanwhile, Solid State Batteries still suffer from inferior power density and poor cycle life, due to the high transfer resistance of lithium ions between the electrodes and solid electrolytes. Thus, at this stage, the direction for research exploring Solid State Batteries for commercial applications is to develop new cathodes based on the conversion reaction mechanism with low or even zero strain and energy levels well matched with the electrolytes. All of these together are expected to yield new material systems with high capacity. In addition, the use of lithium metal in anodes will be another thrust of Solid State Batteries development. Another is the design of novel SEs with high lithium-ion conductivity at room temperature and wide electrochemical window. Meanwhile, future SEs should show excellent chemical stability in the presence of metallic lithium. Also, new methods should be proposed to reduce the interfacial resistance between the electrode and electrolyte. Finally, the optimal combination of different fabrication processes and equipment automation as well as device design are necessary for the realization of Solid State Batteries with high capacity, low cost, and high yield.
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In summary, scientific and technical research on Solid State Batteries is progressing gradually. The current achievements indicate that Solid State Batteries with high energy density are promising candidates for large-scale energy storage and even electric vehicle applications
This report focuses on the global Solid State Batteries status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Solid State Batteries development in United States, Europe and China.
Market analysis by product type
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
Market analysis by market
Market analysis by Region
Central & South America
The study objectives of this report are:
To analyze global Solid State Batteries status, future forecast, growth opportunity, key market and key players.
To present the Solid State Batteries development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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Some Points From TOC:
Chapter One: Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.2 Polymer-Based Solid State Batteries
1.4.3 Solid State Batteries with Inorganic Solid Electrolytes
1.5 Market by Application
1.5.1 Global Solid State Batteries Market Share by Application (2018-2025)
1.5.2 Consumer Electronics
1.5.3 Electric Vehicle
1.6 Study Objectives
1.7 Years Considered
Chapter Two: Executive Summary
2.1 Solid State Batteries Market Size
2.2 Solid State Batteries Growth Trends by Regions
2.2.1 Solid State Batteries Market Size by Regions (2018-2025)
2.2.2 Solid State Batteries Market Share by Regions (2018-2025)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Use Cases
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