Geographically, North America solid-state battery market is dominating as it captured the largest market share concerning revenue of approximately XX% and will acquire roughly $XX million in 2018. Rest of World: Latin America, Middle East & Africa.Asia Pacific Solid State Battery Market: China, India, Japan, Australia & Rest of Asia Pacific.Europe Solid State Battery Market: United Kingdom, France, Germany, Spain & Rest of Europe.North America Solid State Battery Market: the United States & Canada.On the basis of geography, global solid-state battery market has been segmented into four major regions: Total market revenue has been calculated by net adoption of solid state batteries and revenue deployed for research and development in next-generation solid-state batteries of higher capacity. Global solid-state battery market is segmented on the basis of battery type, battery capacity and application. Also, the easy availability of conventional rechargeable batteries acts as another challenge. Thus, manufacturing cost-effective solid-state battery is one of the challenges for the solid-state battery market. Moreover, solid-state batteries are costly as compared to lithium-ion batteries. According to the American Chemical Society (ACS), poor conductance of solid electrolyte acts as a major factor that presents complexities during battery manufacturing. Solid-state battery manufacturing is a very complex and challenging process. Market growth is restricted by high setup and installation cost of solid-state batteries along with complexities in the manufacturing process of the solid-state battery. Though the market is advancing at a promising pace, there are still several factors that are profoundly restraining the market growth. Thus, increasing adoption of solid-state batteries in consumer electronics is expected to supplement the market growth during the forecast period. This acquisition is expected to result in the deployment of solid-state batteries in the company’s novel vacuum cleaners. Furthermore, cordless vacuum cleaner manufacturer, Dyson has acquired solid-state battery manufacturing company Sakti3 in 2015. For instance, Samsung is planning to replace lithium-ion batteries with solid-state batteries in its phones by 2019, as per company sources. towards solid-state batteries act as a major driver for the growth of the consumer electronics segment. The growing interest of the giant consumer electronics companies including Apple, Samsung, LG-Chem, etc. In terms of application segment, consumer electronics sub-segment leads the application segment of the global solid-state battery market by capturing the largest market share of over XX% in 2018 with estimated revenue of approximately $XX million. As per the International Renewable Energy Agency Organization, the global stock of electric vehicles reached XX million units in 2016 from XX million units during 2015. Furthermore, increasing adoption of electric vehicles is expected to propel the demand of solid state battery globally. For instance, in 2016, as per company sources, Dyson made an investment of $XX billion for development in solid-state battery technology. Companies in solid state batteries are investing huge capital in research activities to develop new and advanced batteries with less charging time, compact size and with more efficiency. However, global solid-state battery market is primarily driven by rising investment activities along with research and development in the field of solid-state batteries. To know more about this report, request a free sample copy.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |