Solid State Battery companies

  • Report ID: 4984
  • Published Date: Oct 06, 2025
  • Report Format: PDF, PPT

Key Solid State Battery Market Players:

    The solid state battery market is highly competitive, with numerous players striving to commercialize this next-generation technology. Key companies are leading the development of solid state batteries, focusing on enhancing energy density, safety, and manufacturing scalability. These firms are engaged in strategic partnerships, collaborations, and research to accelerate production and reduce costs. Additionally, new entrants and startups are driving innovation, focusing on advanced materials and alternative manufacturing techniques. As the market matures, companies are vying to gain a competitive edge by securing patents, expanding production capacities, and forging alliances to dominate the rapidly growing industry.

    Here are some key players operating in the solid state battery market:

    Company

    Country of origin

    Estimated global market share

    QuantumScape Corporation

    United States

    7-9%

    Contemporary Amperex Technology Co., Ltd. (CATL)

    China

    9-11%

    BYD Company Ltd.

    China

    7-9%

    ProLogium Technology Co., Ltd.

    Taiwan

    6-8%

    Solid Power, Inc.

    United States

    4-6%

    Samsung SDI Co., Ltd.

    South Korea

    xx%

    LG Energy Solution (LGES)

    South Korea

    xx%

    Toyota Motor Corporation (solid-state programs)

    Japan

    xx%

    Panasonic Holdings Corporation

    Japan

    xx%

    Blue Solutions (Bolloré/Blue Solutions)

    France

    xx%

    Factorial Energy, Inc.

    United States

    xx%

    Johnson Matthey PLC (battery materials / SSB work)

    United Kingdom

    xx%

    Ilika plc

    United Kingdom

    xx%

    Altech Batteries Ltd. (and other Australian developers)

    Australia

    xx%

    Log9 Materials Pvt. Ltd.

    India

    xx%

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2026, the industry size of solid state battery is estimated at USD 2.3 billion.

Solid state battery market was valued at USD 1.6 billion in 2025 and is expected to secure a valuation of USD 27.7 billion in 2035, expanding at a CAGR of 38% during the forecast period, i.e., 2026-2035.

The North America solid state battery market is expected to account for 34% of the global revenue share by 2035, owing to the government support in terms of financial incentives and policies.

Key players in the market include QuantumScape Corporation, Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Ltd., ProLogium Technology Co., Ltd., Solid Power, Inc., Samsung SDI Co., Ltd., LG Energy Solution (LGES), Toyota Motor Corporation (solid-state programs), Panasonic Holdings Corporation, Blue Solutions (Bolloré/Blue Solutions), Factorial Energy, Inc., Johnson Matthey PLC (battery materials / SSB work), Ilika plc, Altech Batteries Ltd. (and other Australian developers), Log9 Materials Pvt. Ltd.
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