Germany Solid State Battery Market Size & Outlook
Germany solid state battery market, 2016-2028 (US$M)
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Germany solid state battery market highlights
- The Germany solid state battery market generated a revenue of USD 52.7 million in 2021 and is expected to reach USD 404.3 million by 2028.
- The Germany market is expected to grow at a CAGR of 33.8% from 2022 to 2028.
- In terms of segment, consumer & portable electronics was the largest revenue generating application in 2021.
- 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 2021 | USD 52.7 million |
| Market revenue in 2028 | USD 404.3 million |
| Growth rate | 33.8% (CAGR from 2021 to 2028) |
| Largest segment | Consumer & portable electronics |
| Fastest growing segment | Electric Vehicles |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| 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, Germany accounted for 8.5% of the global solid state battery market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany solid state battery market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 404.3 million by 2028.
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Solid State Battery Market Scope
Solid State Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 32.83% in 2021. Horizon Databook has segmented the Germany 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.
Germany is one of the premium technologically advanced regions in Europe. Germany alone accounts for hold more than one-third of the entire European market, contributing majority to the industry growth.
High-end research and government support to revolutionize the electronics industry in Germany are expected to emerge as major factors responsible for the growth of the European market.
The presence of advanced infrastructure & technology, R&D initiatives and facilities, and highly skilled workforce is also anticipated to increase the market demand over the forecast period.
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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 Germany solid state battery market , including forecasts for subscribers. This country databook contains high-level insights into Germany solid state battery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany solid state battery market size, by application, 2016-2028 (US$M)
Germany Solid State Battery Market Outlook Share, 2021 & 2028 (US$M)
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