Japan Solid State Battery Market Size & Outlook, 2026-2033
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Japan solid state battery market highlights
- The Japan solid state battery market generated a revenue of USD 264.8 million in 2025 and is expected to reach USD 1,595.1 million by 2033.
- The Japan market is expected to grow at a CAGR of 22.6% from 2026 to 2033.
- In terms of segment, consumer & portable electronics was the largest revenue generating application in 2025.
- Electric Vehicles is the most lucrative application segment registering the fastest growth during the forecast period.
Solid state battery market data book summary
| Market revenue in 2025 | USD 264.8 million |
| Market revenue in 2033 | USD 1,595.1 million |
| Growth rate | 22.6% (CAGR from 2026 to 2033) |
| Largest segment | Consumer & portable electronics |
| Fastest growing segment | Electric Vehicles |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer & Portable Electronics, Electric Vehicles, Energy Harvesting, Wearable & Medical Devices |
| Key market players worldwide | Samsung SDI Co Ltd GDR - 144A, Solvay SA, Cymbet, Robert Bosch Engineering & Business Solutions, TotalEnergies SE |
Other key industry trends
- In terms of revenue, Japan accounted for 16.6% of the global solid state battery market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China solid state battery market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,595.1 million by 2033.
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Solid State Battery Market Scope
Solid State Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| QuantumScape | View profile | 501-1000 | San Jose, California, United States, North America | http://www.quantumscape.com |
| Ilika | View profile | 51-100 | Chilworth, Hampshire, United Kingdom, Europe | http://ilika.com |
| ION Storage Systems | View profile | 51-100 | Beltsville, Maryland, United States, North America | https://ionstoragesystems.com/ |
| Solid Power | View profile | 251-500 | Louisville, Colorado, United States, North America | https://solidpowerbattery.com |
| Samsung SDI Co Ltd GDR - 144A | View profile | 12452 | 150-20 Gongsero-ro, Giheung-gu, Gyeonggi-do, Yongin, Korea, Republic of | http://www.samsungsdi.co.kr |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Cymbet | View profile | 51-100 | Elk River, Minnesota, United States, North America | http://www.cymbet.com |
| Toyota Motor Corp | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
Japan solid state battery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solid state battery market will help companies and investors design strategic landscapes.
Consumer & portable electronics was the largest segment with a revenue share of 46.19% in 2025. Horizon Databook has segmented the Japan solid state battery market based on consumer & portable electronics, electric vehicles, energy harvesting, wearable & medical devices covering the revenue growth of each sub-segment from 2021 to 2033.
The Japanese economy is the third-largest in the world and was worth USD 5.08 trillion in 2019 according to World Bank. It is home to many electronic and automotive companies which makes it significant for application of solid state batteries in the above mentioned industries.
The increasing awareness among consumers for using smart tech wearables has resulted in many companies entering the market. According to the Battery Association of Japan (BAJ), the battery market is worth approximately USD 8 billion, which gives advanced solid state batteries a tremendous opportunity in the Japanese market.
The government has also implemented several measures to foster private investments in electronics manufacturing industry. For instance, Toyota has planned to commercialize solid state batteries for its electric cars by 2022.
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Our clientele includes a mix of solid state battery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan solid state battery market , including forecasts for subscribers. This country databook contains high-level insights into Japan solid state battery market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Japan solid state battery market size, by application, 2021-2033 (US$M)
Japan Solid State Battery Market Outlook Share, 2025 & 2033 (US$M)
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