Global Solid State Batteries Market Updates, News and Data 2020-2026
Summary – A new market study, “Global Solid State
Batteries Market Size, Status and Forecast 2020-2026”has been featured on WiseGuyReports.
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.
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.
This report contains
market size and forecasts of Solid State Batteries in China, including the
following market information:
China Solid State Batteries Market Revenue,
2015-2020, 2021-2026, ($ millions)
China Solid State Batteries Market Consumption,
2015-2020, 2021-2026, (KW)
China Solid State Batteries Production Capacity,
2015-2020, 2021-2026, (KW)
Top Five Competitors in China Solid State
Batteries Market 2019 (%)
The global Solid State
Batteries market was valued at xx million in 2019 and is projected to reach US$
xx million by 2026, at a CAGR of xx% during the forecast period. While the
Solid State Batteries market size in China was US$ XX million in 2019, and it
is expected to reach US$ XX million by the end of 2026, with a CAGR of XX%
during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed
the Solid State Batteries manufacturers, suppliers, distributors and industry
experts on the impacts of the COVID-19 pandemic on businesses, with top
challenges including ingredients and raw material delays, component and
packaging shortages, reduced/cancelled orders from clients and consumers, and
closures of production lines in some impacted areas.
This report also analyses and evaluates the
COVID-19 impact on Solid State Batteries production and consumption in China
Total Market by Segment:
China Solid State Batteries Market, By
Type, 2015-2020, 2021-2026 ($ millions) & (KW)
China Solid State Batteries Market Segment Percentages, By Type, 2019 (%)
Polymer-Based Solid State Batteries
Solid State Batteries with Inorganic Solid Electrolytes
China Solid State Batteries
Market, By Application, 2015-2020, 2021-2026 ($ millions) & (KW)
China Solid State Batteries Market Segment Percentages, By Application, 2019
(%)
Consumer Electronics
Electric Vehicle
Aerospace
others
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