Solid-State Battery Market Research 2025-2034: Growing Concerns Related To Lithium-Ion Battery Failures And Explosions Fuels Growth

(MENAFN- GlobeNewsWire - Nasdaq) The global solid-state battery market is set for significant growth, driven by demand for efficient and sustainable power solutions. Solid-state batteries, known for their high energy density and safety, are key in EVs and electronics. Asia Pacific leads the market as innovations overcome cost and scalability barriers.

Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Solid-State Battery Market - A Global and Regional Analysis: Focus on Electrolyte Type, Battery Type, Capacity, Application, and Region - Analysis and Forecast, 2025-2034" report has been added to ResearchAndMarkets.com's offering.
The global solid-state battery market is poised for substantial growth due to advancements in energy storage technologies and the increasing demand for more efficient and sustainable power solutions. Solid-state batteries, which use solid electrolytes rather than traditional liquid ones, offer a host of advantages such as higher energy density, enhanced safety, and longer lifespan. These properties make them particularly attractive for applications in electric vehicles (EVs), consumer electronics, and renewable energy storage systems.

The solid-state battery market is currently in the development and early commercialization stage of its lifecycle. As an emerging technology, solid-state batteries are undergoing significant research and development (R&D) efforts aimed at overcoming challenges related to cost, scalability, and performance. While they offer advantages such as higher energy density, improved safety, and longer lifespan compared to traditional lithium-ion batteries, these benefits are not yet fully realized in large-scale commercial applications. Currently, key players in the industry are focused on improving manufacturing processes and addressing technical hurdles such as the stability of solid electrolytes and achieving cost-efficiency in production.
The automotive industry, in particular, is a key driver of market expansion, as solid-state batteries can significantly improve EV performance by extending driving ranges and reducing charging times. The market is also witnessing strong regional growth, with Asia Pacific leading in terms of both production and consumption, particularly in countries like China and Japan.

North America and Europe are similarly increasing investments in solid-state battery technologies, spurred by governmental support for sustainable energy initiatives. Despite the promising outlook, challenges such as high production costs and scalability issues persist. However, ongoing research and development efforts are expected to overcome these obstacles, enabling broader adoption of solid-state batteries across various industries in the coming years.
Solid-State Battery Market Segmentation Highlights

• The consumer electronics is one of the prominent application segments in the global solid-state battery market.
• The global solid-state battery market is estimated to be led by the polymer segment in terms of electrolyte type.
• The global solid-state battery market is estimated to be led by the thin film segment in terms of battery type.
• The global solid-state battery market is estimated to be led by the 20mAh-500mAh segment in terms of capacity.
• In the solid-state battery market, Asia-Pacific is anticipated to gain traction in terms of solid-state battery production and consumption, owing to the continuous growth in the adoption of electric vehicles and the presence of key manufacturers in the regions.

Market Dynamics

The following are the demand drivers for the global solid-state battery market:

• Rising Renewable Energy Generation
• Rapid growth of the Electric Vehicle Market
• Growing concerns related to Lithium-Ion Battery Failure and Explosion

The global solid-state battery market is expected to face some limitations as well due to the following challenges:

• Intense competition from Other Advanced Battery Technologies
• Lack of Industrial Supply Chain

Key Market Players and Competition Synopsis
The solid-state battery market comprises key players who have established themselves thoroughly and have the proper understanding of the market, accompanied by start-ups who are looking forward to establishing themselves in this highly competitive solid-state battery market.

• Bollore Group
• ProLogium Technology Co., Ltd.
• Quantum Space Corporation
• Toyota Motor Corporation
• Ionic Materials Inc.
• STMicroelectronics N.V.
• Samsung SDI CO., LTD.
• Prieto Battery Inc.
• BrightVolt Solid State Batteries
• Solid Power, Inc.
• Hitachi Zosen Corporation
• Ilika plc
• Ganfeng Lithium Group Co., Ltd.
• StoreDot
• Factorial Inc.
• theion GmbH
• Sakuu Corporation
• Ion Storage Systems
• SK on Co., Ltd.
• Natrion Inc.

Key Attributes:

Report Attribute	Details
No. of Pages	150
Forecast Period	2025 - 2034
Estimated Market Value (USD) in 2025	$899.1 Million
Forecasted Market Value (USD) by 2034	$14460 Million
Compound Annual Growth Rate	36.1%
Regions Covered	Global

Key Topics Covered:
1. Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.2 Stakeholder Analysis
1.2.1 Use Case
1.2.2 End User and Buying Criteria
1.3 Market Dynamics Overview
1.3.1 Market Drivers
1.3.2 Market Restraints
1.3.3 Market Opportunities
1.4 Regulatory & Policy Impact Analysis
1.5 Comparative Analysis
1.5.1 Lithium-Ion Batteries Vs Solid-State Batteries
1.5.2 Comparison in terms of Power Density of Various Batteries
1.6 Future of Solid-State Battery in EVs and Role of EV Manufacturers in Advancing Solid-State Battery Development
1.6.1 Current Market Outlook
1.6.2 Research and Development
1.6.2.1 Solid-State Battery with Pure Silicone Anode
1.6.2.2 Recent Electrode Design of MIT's Solid-State Battery
1.6.3 Future Market Outlook
1.7 Patent Analysis
1.8 Start-Up Landscape
1.9 Investment Landscape and R&D Trends
1.10 Supply Chain Analysis
1.11 Value Chain Analysis
1.12 Global Pricing Analysis
1.13 Industry Attractiveness
2. Solid-State Battery Market (by Application)
2.1 Application Segmentation
2.2 Application Summary
2.3 Solid-State Battery Market (by Application)
2.3.1 Electric Vehicle
2.3.1.1 Passenger Vehicle
2.3.1.2 Commercial Vehicle
2.3.2 Consumer Electronics
2.3.3 Energy Storage Systems
2.3.4 Medical Devices
2.3.5 Others
3. Solid-State Battery Market (by Product)
3.1 Product Segmentation
3.2 Product Summary
3.3 Solid-State Battery Market (by Electrolyte Type)
3.3.1 Polymer
3.3.2 Sulfide
3.3.3 Oxide
3.3.4 Others
3.4 Solid-State Battery Market (by Battery Type)
3.4.1 Thin Film
3.4.2 Bulk
3.4.3 Others
3.5 Solid-State Battery Market (by Capacity)
3.5.1 Below 20mAh
3.5.2 20mAh - 500mAh
3.5.3 Above 500mAh
4. Solid-State Battery Market (by Region)
4.1 Solid-State Battery Market (by Region)
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Key Companies
4.2.5 Application
4.2.6 Product
4.2.7 North America (by Country)
4.2.7.1 U.S.
4.2.7.1.1 Market by Application
4.2.7.1.2 Market by Product
4.2.7.2 Canada
4.2.7.3 Mexico
4.3 Europe
4.4 Asia-Pacific
4.5 Rest-of-the-World
5. Markets - Competitive Benchmarking & Company Profiles
5.1 Next Frontiers
5.2 Geographic Assessment
5.3 Company Profiles
5.3.1 Overview
5.3.2 Top Products/Product Portfolio
5.3.3 Top Competitors
5.3.4 Target Customers
5.3.5 Key Personnel
5.3.6 Analyst View
5.3.7 Market Share

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Solid-State Battery Market

CONTACT: CONTACT: Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN10062025004107003653ID1109654709