PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909244
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909244
The Indonesia solid-state battery market is witnessing rapid growth as advancements in next-generation energy storage technologies gain momentum across the country. The market is valued at USD 80.5 million in 2025 and is projected to reach USD 434.4 million by 2032, expanding at a strong CAGR of 27.5% during the study period from 2019 to 2032. Rising demand for high-performance batteries, increasing focus on electric mobility, and growing interest in safer and more energy-dense battery technologies are driving sustained market expansion.
Solid-state batteries are gaining attention due to their potential advantages over conventional lithium-ion batteries, including higher energy density, improved safety, and longer lifecycle. Indonesia's strategic position in the battery materials supply chain, combined with increasing investment in battery research, development, and manufacturing, is strengthening the foundation for solid-state battery adoption. Collaboration between government bodies, research institutions, and industry players is further supporting technology development and commercialization efforts.
West Java represents the largest provincial market, supported by industrial concentration, research activity, and proximity to manufacturing hubs, while North Maluku is emerging as the fastest-growing province due to expanding investment in battery materials processing and energy storage initiatives. As Indonesia advances its clean energy and electric vehicle ambitions, the solid-state battery market is expected to maintain strong growth throughout the forecast period.
Key Insights
The Indonesia solid-state battery market is valued at USD 80.5 million in 2025 and is expected to reach USD 434.4 million by 2032, reflecting strong long-term growth driven by next-generation battery adoption.
The market is projected to grow at a CAGR of 27.5% during 2019-2032, supported by rising demand for advanced energy storage and electric mobility solutions.
Increasing focus on battery safety, energy density, and performance is strengthening interest in solid-state battery technologies.
West Java accounts for the largest share of the market, driven by industrial activity, research presence, and manufacturing infrastructure.
North Maluku is the fastest-growing province, supported by expanding battery material investments and strategic resource development.
Growing investment in battery research and pilot-scale production is accelerating technology maturation.
Indonesia's role in the global battery supply chain is reinforcing long-term market potential for solid-state batteries.
Collaboration between public institutions and private companies is supporting innovation and commercialization.
Rising adoption of electric vehicles and renewable energy storage is expanding future application opportunities.
Continued investment in technology development, infrastructure, and policy support is expected to sustain long-term growth in the Indonesia solid-state battery market.