Solid State Battery Industry- Regional Scope
North America Market Forecasts
The solid state battery market share in North America is expected to exceed 34% by the end of 2037. The growth can be attributed to rising demand for wearable devices in the region, followed by the surging disposable income of the population.
Europe Market Forecast
Europe region's solid state battery market is expected to reach 30% share by 2037. This is due to the increasing focus on reducing CO2 emissions and accelerating the transition to electric vehicles. The European Union has set a goal of becoming climate neutral by 2050. This has led to increased investment in energy storage technologies such as renewable energy, and all-solid-state batteries.
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Frequently Asked Questions (FAQ)
Solid State Battery Market in 2025 is evaluated at USD 3.08 billion.
The global market size surpassed USD 2.4 billion in 2024 and is projected to witness a CAGR of over 35.3%, crossing USD 122.2 billion revenue by 2037.
North America is anticipated to attain USD 41.55 billion by 2037, supported by demand for wearable tech and growing disposable incomes.
The major players in the market include Bodycote Plc., QuantumScape Corporation, Solvay S.A., Cymbet Corporation, Pathoin Inc., Robert Bosch GmbH, Saft Groupe SAS, Excellatron Solid-state, BrightVolt Solid State Batteries, Solid Power Inc.
