Global Solid-State Battery Market Size Study & Forecast, by Battery Type, by Capacity, by Application, and Regional Forecasts 2025-2035

Description

The Global Solid-State Battery Market is valued approximately at USD 0.19 billion in 2024 and is anticipated to grow with a robust CAGR of more than 37.50% over the forecast period 2025-2035. Solid-state batteries represent one of the most revolutionary advancements in the energy storage sector, emerging as a key enabler of next-generation electrification and clean mobility. Unlike conventional lithium-ion batteries that rely on liquid electrolytes, solid-state batteries utilize solid electrolytes, enhancing energy density, thermal stability, and safety while reducing the risk of leakage and combustion. This transformative technology is rapidly gaining traction across multiple industries, particularly electric vehicles (EVs) and consumer electronics, as global sustainability goals accelerate the demand for efficient and safer battery solutions. The growing emphasis on energy-efficient storage systems, coupled with the surge in renewable integration and mobility electrification, continues to propel the global market's expansion.

The increasing global push for decarbonization and sustainable energy ecosystems has significantly accelerated research and commercial development of solid-state battery technologies. As governments worldwide tighten emissions regulations and set net-zero targets, industries are striving to replace conventional lithium-ion batteries with next-generation alternatives that promise higher power output and longer lifecycle performance. For instance, leading automakers and tech giants are investing heavily in solid-state battery startups to secure early-mover advantages. According to BloombergNEF, global battery demand is projected to exceed 5,000 GWh by 2035, with solid-state variants expected to capture a rapidly expanding share. The proliferation of electric mobility, coupled with technological advancements in thin-film and flexible solid-state architectures, is unlocking new opportunities in compact electronics, medical implants, and grid-scale energy applications. However, the high manufacturing cost, complex fabrication process, and material compatibility issues remain pivotal challenges restraining mass commercialization in the short term.

The detailed segments and sub-segments included in the report are:

By Battery Type:

Primary
Secondary

By Capacity:

Below 20 mAh
20-500 mAh
Above 500 mAh

By Application:

Consumer Electronics
Electric Vehicles
Medical Devices
Energy Harvesting
Wireless Sensors

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Australia
Rest of Asia Pacific

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa**

Secondary Batteries Expected to Dominate the Market

Among the battery types, secondary solid-state batteries are anticipated to command the largest share of the market throughout the forecast period. These rechargeable batteries are witnessing exponential demand, primarily due to their superior performance attributes-such as high energy density, extended cycle life, and faster charging capabilities-making them ideal for applications in electric vehicles, portable electronics, and renewable energy storage systems. The secondary battery segment is further propelled by extensive research initiatives aimed at scaling up solid electrolytes and improving interface stability. With major automotive manufacturers transitioning toward fully electric fleets, secondary solid-state batteries are positioned as the cornerstone of the next generation of EV powertrains, ensuring enhanced range and safety without compromising performance.

Electric Vehicles Lead the Market in Revenue Contribution

In terms of application, the electric vehicle (EV) segment currently dominates the solid-state battery market in revenue contribution. As the global automotive industry undergoes a transformative shift toward electrification, solid-state batteries are being heralded as the future of EV energy storage. Their ability to deliver higher energy density and shorter charging times compared to traditional lithium-ion batteries has captivated automakers and policymakers alike. Tesla, Toyota, BMW, and Volkswagen are among the key players actively investing in solid-state battery research and pilot production lines. Meanwhile, the consumer electronics segment is also witnessing rapid adoption, particularly in wearables and next-gen smartphones where miniaturized, long-lasting batteries are indispensable. While EV applications lead the charge in revenue today, other sectors-especially energy harvesting and medical devices-are poised to emerge as critical growth frontiers as solid-state innovations mature.

The key regions analyzed for the Global Solid-State Battery Market include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America currently leads the market, driven by the presence of major electric vehicle manufacturers, strong R&D infrastructure, and significant funding for advanced battery technologies. Europe follows closely, underpinned by stringent environmental policies and aggressive electrification targets under the European Green Deal. The Asia Pacific region, particularly China, Japan, and South Korea, is projected to witness the fastest growth through 2035, thanks to extensive investments in manufacturing facilities, favorable government incentives, and strong supply chains for critical raw materials. Rapid technological adoption in consumer electronics and medical device sectors across APAC is further catalyzing the region's solid-state battery landscape.

Major market players included in this report are:

Toyota Motor Corporation
QuantumScape Corporation
Solid Power, Inc.
BMW AG
Samsung SDI Co., Ltd.
Panasonic Holdings Corporation
ProLogium Technology Co., Ltd.
Honda Motor Co., Ltd.
Toyota Tsusho Corporation
Hyundai Motor Company
Robert Bosch GmbH
Hitachi Zosen Corporation
CATL (Contemporary Amperex Technology Co. Limited)
Ion Storage Systems
Murata Manufacturing Co., Ltd.

Global Solid-State Battery Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Solid-State Battery Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Solid-State Battery Market Forces Analysis

3.1. Market Forces Shaping The Global Solid-State Battery Market (2024-2035)
3.2. Drivers
- 3.2.1. Surging global sustainability goals
- 3.2.2. surge in renewable integration and mobility electrification
3.3. Restraints
- 3.3.1. high manufacturing cost
3.4. Opportunities
- 3.4.1. proliferation of electric mobility

Chapter 4. Global Solid-State Battery Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Solid-State Battery Market Size & Forecasts by Battery Type 2025-2035

5.1. Market Overview
5.2. Global Solid-State Battery Market Performance - Potential Analysis (2025)
5.3. Primary
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Secondary
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Solid-State Battery Market Size & Forecasts by Capacity 2025-2035

6.1. Market Overview
6.2. Global Solid-State Battery Market Performance - Potential Analysis (2025)
6.3. Below 20 mAh
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. 20-500 mAh
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Above 500 mAh
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Solid-State Battery Market Size & Forecasts by Application 2025-2035

7.1. Market Overview
7.2. Global Solid-State Battery Market Performance - Potential Analysis (2025)
7.3. Consumer Electronics
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Electric Vehicles
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Medical Devices
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
7.6. Energy Harvesting
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035
7.7. Wireless Sensors
- 7.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.7.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Solid-State Battery Market Size & Forecasts by Region 2025-2035

8.1. Growth Solid-State Battery Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Solid-State Battery Market
- 8.3.1. U.S. Solid-State Battery Market
  - 8.3.1.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.3.1.3. Application breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Solid-State Battery Market
  - 8.3.2.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.3.2.3. Application breakdown size & forecasts, 2025-2035
8.4. Europe Solid-State Battery Market
- 8.4.1. UK Solid-State Battery Market
  - 8.4.1.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.1.3. Application breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Solid-State Battery Market
  - 8.4.2.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.2.3. Application breakdown size & forecasts, 2025-2035
- 8.4.3. France Solid-State Battery Market
  - 8.4.3.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.3.3. Application breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Solid-State Battery Market
  - 8.4.4.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.4.3. Application breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Solid-State Battery Market
  - 8.4.5.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.5.3. Application breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Solid-State Battery Market
  - 8.4.6.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.4.6.3. Application breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Solid-State Battery Market
- 8.5.1. China Solid-State Battery Market
  - 8.5.1.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.1.3. Application breakdown size & forecasts, 2025-2035
- 8.5.2. India Solid-State Battery Market
  - 8.5.2.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.2.3. Application breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Solid-State Battery Market
  - 8.5.3.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.3.3. Application breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Solid-State Battery Market
  - 8.5.4.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.4.3. Application breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Solid-State Battery Market
  - 8.5.5.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.5.3. Application breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Solid-State Battery Market
  - 8.5.6.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.5.6.3. Application breakdown size & forecasts, 2025-2035
8.6. Latin America Solid-State Battery Market
- 8.6.1. Brazil Solid-State Battery Market
  - 8.6.1.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.6.1.3. Application breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Solid-State Battery Market
  - 8.6.2.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.6.2.3. Application breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Solid-State Battery Market
- 8.7.1. UAE Solid-State Battery Market
  - 8.7.1.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.7.1.3. Application breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Solid-State Battery Market
  - 8.7.2.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.7.2.3. Application breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Solid-State Battery Market
  - 8.7.3.1. Battery Type breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Capacity breakdown size & forecasts, 2025-2035
  - 8.7.3.3. Application breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Toyota Motor Corporation
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. QuantumScape Corporation
9.4. Solid Power, Inc.
9.5. BMW AG
9.6. Samsung SDI Co., Ltd.
9.7. Panasonic Holdings Corporation
9.8. ProLogium Technology Co., Ltd.
9.9. Honda Motor Co., Ltd.
9.10. Toyota Tsusho Corporation
9.11. Hyundai Motor Company
9.12. Robert Bosch GmbH
9.13. Hitachi Zosen Corporation
9.14. CATL (Contemporary Amperex Technology Co. Limited)
9.15. Ion Storage Systems
9.16. Murata Manufacturing Co., Ltd.