Global Solid State Battery Market Size & Outlook

The solid state battery industry worldwide is expected to reach a projected revenue of US$ 5,318.6 million by 2028. A compound annual growth rate of 36% is expected of the worldwide solid state battery industry from 2022 to 2028.
Revenue, 2021 (US$M)
$617.5
Forecast, 2028 (US$M)
$5,318.6
CAGR, 2022 - 2028
36%
Report Coverage
Worldwide

Global solid state battery market highlights

  • The global solid state battery market generated a revenue of USD 617.5 million in 2021 and is expected to reach USD 5,318.6 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 36% by 2028.
  • In terms of segment, consumer & portable electronics accounted for a revenue of USD 206.7 million in 2021.
  • Electric Vehicles is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, Colombia is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 617.5 million
Market revenue in 2028USD 5,318.6 million
Growth rate36% (CAGR from 2021 to 2028)
Largest segmentConsumer & portable electronics
Fastest growing segmentElectric Vehicles
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationConsumer & Portable Electronics, Electric Vehicles, Energy Harvesting, Wearable & Medical Devices

Other key industry trends

  • In terms of revenue, the North America accounted for 20.5% of the global solid state battery market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2028.
  • By country, Colombia is the fastest growing regional market and is projected to reach USD 5.3 million by 2028.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Solid State Battery Market Companies

Name Profile # Employees HQ Website

Global 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 33.47% in 2021. Horizon Databook has segmented the Global 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 2016 to 2028.


  • Global Solid State Battery Application Outlook (Revenue, USD Million, 2016-2028)
    • Consumer & Portable Electronics
    • Electric Vehicles
    • Energy Harvesting
    • Wearable & Medical Devices
    • Others
  • Global Solid State Battery Capacity Outlook (Revenue, USD Million, 2016-2028)
    • Below 20mAh
    • 20mAh-500mAh
    • Above 500mAh
  • Global Solid State Battery Battery Type Outlook (Revenue, USD Million, 2016-2028)
    • Thin Film Battery
    • Portable Battery

Reasons to subscribe to Global solid state battery market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global solid state battery market databook

  • Our clientele includes a mix of solid state battery market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global solid state battery market , including forecasts for subscribers. This global databook contains high-level insights into Global solid state battery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global solid state battery market size, by region, 2016-2028 (US$M)

Top 10 countries: Solid state battery market size, 2021 (US$M)

Global solid state battery market share, by application, 2021 & 2028 (%, US$M)

Solid state battery market: Opportunity assessment by country

Global solid state battery market, by region, 2021 (US$M)

Global solid state battery market size, by region, 2016-2028 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more