Product Code: 16965
KEY FINDINGS
The primary applications of the solid-state batteries are found in consumer electronics, electric vehicles and energy harvesting, which is further augmenting the growth & adoption of solid-state battery market in North America. The market is expected to prosper with a 65.47% CAGR over the forecast period of 2018-2026.
MARKET INSIGHTS
The segmentation of the North American solid-state battery market is done according to the battery type, applications and battery capacity. A growing need for the commercialization of solid-state batteries in the country that are inflammable, have high energy density & which are long lasting in nature, is propelling the market demand in this region. Many cold provinces such as Alaska, Dakota, Minnesota and Washington in the Northern region have enhanced the importance & utility of solid-state batteries. The Canadian market for solid state batteries is being propelled by the rising adoption of electric vehicles & favourable government norms & policies related to the adoption of electric vehicles in the country. But the high treatment costs coupled with labor and time needed for the installation of these specialized batteries adds up to the overall cost of the solid-state battery, which is a restraining factor for their adoption.
COMPETITIVE INSIGHTS
Companies like Dyson, Front Edge Technology Inc., Imec, Brightvolt Incorporation, Panasonic Corporation, Excellatron Solid State LLC, Hitachi Zosen Corporation, Infinite Power Solutions Inc. (Acquired by Apple Inc.), Prieto Battery Inc., Planar Energy Devices Inc., Robert Bosch, STMicroelectronics N.V., Solid Power Inc., Toyota Industries Corporation and Cymbet Corporation are competing in this market.
Table of Contents
1. RESEARCH SCOPE
- 1.1. STUDY GOALS
- 1.2. SCOPE OF THE MARKET STUDY
- 1.3. WHO WILL FIND THIS REPORT USEFUL?
- 1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
- 2.1. SOURCES OF DATA
- 2.1.1. SECONDARY DATA
- 2.1.2. PRIMARY DATA
- 2.2. TOP-DOWN APPROACH
- 2.3. BOTTOM-UP APPROACH
- 2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
- 3.1. MARKET SUMMARY
- 3.2. KEY FINDINGS
- 3.2.1. NORTH AMERICA LEADS THE OVERALL MARKET
- 3.2.2. ELECTRIC VEHICLE SEGMENT TO GROW AT THE FASTEST RATE
- 3.2.3. THIN FILM BATTERY LEADS THE BATTERY TYPE SEGMENT
- 3.2.4. BULK BATTERY IS ANTICIPATED TO BE THE DYNAMICALLY EVOLVING BATTERY TYPE
- 3.2.5. GROWING NUMBER OF START-UPS
4. MARKET DYNAMICS
- 4.1. PARENT MARKET ANALYSIS: BATTERY MARKET
- 4.2. ETYMOLOGY OF SOLID STATE BATTERY
- 4.3. MARKET DEFINITION & SCOPE
- 4.4. MARKET DRIVERS
- 4.4.1. BENEFITS OFFERED BY SOLID-STATE BATTERIES OVER THE LIQUID STATE BATTERIES
- 4.4.2. SURGE IN THE INVESTMENTS TO AID IN MARKET DEVELOPMENT
- 4.4.3. ONGOING TREND OF PRODUCT MINIATURIZING
- 4.4.4. POSITIVE OUTLOOK OF ELECTRIC VEHICLE MARKET
- 4.5. MARKET RESTRAINTS
- 4.5.1. HIGH COSTS ASSOCIATED WITH SOLID STATE BATTERY
- 4.5.2. DIFFICULTIES IN MANUFACTURING
- 4.6. MARKET OPPORTUNITIES
- 4.6.1. RISING DEMAND FROM MILITARY & DEFENCE INDUSTRY
- 4.6.2. WEARABLE DEVICES TO OFFER LUCRATIVE OPPORTUNITIES
- 4.7. MARKET CHALLENGES
- 4.7.1. MANUFACTURING COST-EFFECTIVE SOLID-STATE BATTERY
- 4.7.2. EASY AVAILABILITY OF CONVENTIONAL RECHARGEABLE BATTERIES
5. MARKET BY BATTERY TYPE
- 5.1. THIN-FILM BATTERIES
- 5.2. BULK BATTERIES
- 5.3. OTHER BATTERIES
6. MARKET BY BATTERY CAPACITY
- 6.1. LESS THAN 20 MAH
- 6.2. BETWEEN 20 MAH & 500 MAH
- 6.3. 500 MAH ABOVE
7. MARKET BY APPLICATION
- 7.1. CONSUMER ELECTRONICS
- 7.2. ELECTRIC VEHICLE
- 7.3. ENERGY HARVESTING
- 7.4. MEDICAL DEVICES
- 7.5. WEARABLE DEVICES
- 7.6. OTHER APPLICATIONS
8. KEY ANALYTICS
- 8.1. PORTER'S FIVE FORCE MODEL
- 8.1.1. THREAT OF NEW ENTRANTS
- 8.1.2. THREAT OF SUBSTITUTE
- 8.1.3. BARGAINING POWER OF SUPPLIERS
- 8.1.4. BARGAINING POWER OF BUYERS
- 8.1.5. THREAT OF COMPETITIVE RIVALRY
- 8.2. OPPORTUNITY MATRIX
- 8.3. KEY BUYING CRITERIA
- 8.3.1. COST
- 8.3.2. SAFETY
- 8.3.3. ENERGY DENSITY
- 8.3.4. LIFESPAN
- 8.3.5. APPLICATION
- 8.4. VENDOR LANDSCAPE
- 8.5. VALUE CHAIN ANALYSIS
- 8.5.1. RAW MATERIAL SUPPLIERS
- 8.5.2. MANUFACTURERS
- 8.5.3. DISTRIBUTOR/RETAILERS
- 8.5.4. END USERS/CONSUMERS
- 8.6. LEGAL, POLICY & REGULATORY FRAMEWORK
- 8.7. INVESTMENT ANALYSIS
- 8.7.1. BY TYPE
- 8.7.2. BY APPLICATION
9. GEOGRAPHICAL ANALYSIS - NORTH AMERICA
- 9.1. UNITED STATES
- 9.2. CANADA
10. COMPETITIVE LANDSCAPE
- 10.1. MARKET SHARE ANALYSIS
- 10.2. KEY COMPANY ANALYSIS
- 10.3. CORPORATE STRATEGIES
- 10.3.1. PARTNERSHIP & COLLABORATION
- 10.3.2. MERGER & ACQUISITION
- 10.3.3. PRODUCT LAUNCH
- 10.3.4. OTHER KEY STRATEGIES
- 10.4. COMPANY PROFILES
- 10.4.1. BRIGHTVOLT, INC.
- 10.4.2. CYMBET CORPORATION
- 10.4.3. DYSON
- 10.4.4. EXCELLATRON SOLID STATE, LLC
- 10.4.5. FRONT EDGE TECHNOLOGY INC.
- 10.4.6. HITACHI ZOSEN CORPORATION
- 10.4.7. IMEC
- 10.4.8. INFINITE POWER SOLUTIONS, INC. (ACQUIRED BY APPLE INC.)
- 10.4.9. PANASONIC CORPORATION
- 10.4.10. PLANAR ENERGY DEVICES, INC.
- 10.4.11. PRIETO BATTERY
- 10.4.12. ROBERT BOSCH GMBH
- 10.4.13. SOLID POWER INC.
- 10.4.14. STMICROELECTRONICS N.V.
- 10.4.15. TOYOTA MOTOR CORPORATION
