Global Automotive Solid-State Battery Market 2019-2030: The Market is Driven by the Electric Vehicle Demand for Safe and Efficient Battery Technology

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Dublin, Feb. 11, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. Global Automotive Solid-State Battery Market to Reach $1.94 billion by 2030

The report constitutes of a detailed analysis of global automotive solid-state battery market in terms of futuristic vehicle application. The global battery market is the parent market for solid-state energy management solutions. The market is driven by the electric vehicle demand for safe and efficient battery technology. The most widely accepted lithium-ion battery technology has safety and performance limitation, which is responsible for a retarded growth of electric vehicles.

The solid-state battery is an innovative technology, which has seen a strong phase of material science research and development. The report predicts the market scenarios for the period between 2020 and 2030 based on strategies and activities of the automotive OEMs, technology providers, battery manufacturers, government regulations, and material producers.

The report discusses major component-types which are cathode, anode, and electrolyte in a solid-state battery. These components are further sub-divided into various material composition which are used for the development. Solid-polymer is one of the key elements for electrode manufacture. Further, it is divided into solid-state battery by vehicle type, in which the discussion is based on electric cars, electric two-wheelers, and electric commercial vehicles.

The report also explores various opportunities for solid-state battery technology in the automotive industry as well as innovative material science research projects which could disrupt the Li-ion battery market. A detailed analysis of the regional market ecosystem plays a vital role is determining a consumer mindset for selecting a particular service offering.The global automotive solid-state battery market research is conducted with a focus on types of vehicle technology (passenger electric vehicles, two-wheelers, and commercial vehicle), components (cathodes, anode, and electrolyte), and regions dominated by North America. The ecosystem is driven by research and innovations originating from countries, such as the U.S., Japan, and the U.K.

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Related Topics: Automotive Parts, Telematics and Vehicle Electronics, Automotive Batteries

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Globe Newswire: 09:15 GMT Monday 11th February 2019

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