Global Automotive Solid-State Battery Market 2019-2030: An Ultra High Energy, Safe, and Low Cost All Solid-State Rechargeable Battery for Electric Vehicles

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Feb 06, 2019, 09:15 ET

DUBLIN, Feb. 6, 2019 /PRNewswire/ --

The "Global Automotive Solid-State Battery Market: Focus on Component (Cathode, Anode and Electrolyte), Vehicle Type (Passenger Electric Vehicle, Two-Wheelers, and Commercial Vehicles), Region, and Material Technology- Analysis and Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The automotive industry is accelerating toward the electric vehicle adoption, drawing a large section of investments for electric powertrain and its components. The key component, which has attracted most of research and development in electric vehicle industry, is the battery technology. Battery weight and energy density are major factors, which drive the design criteria and manufacturing cost of electric vehicles. Batteries have evolved from lead-acid batteries in the early models of electric vehicles during the 1990s to lithium-ion batteries in Tesla models during the 2000s. The energy density of the battery is one of the most important functional parameters.

The SSB is a futuristic and high-potential technology within the EV battery ecosystem. The technology is in a development phase and has attracted a major share from the battery R&D investment basket. The battery has a solid electrolyte instead of liquid and does not require a separator. A major property of solid is its structural rigidity at thermal and mechanical loading. For a solid electrolyte-based cell, the ionic mobility is high due to close packing of atoms within the electrolyte. The solid-state concept allows a high operating temperature range covering most of the extreme climatic conditions. Polymer-based solid electrolyte has achieved much more success in comparison to other material technology. The U.S. leads the development of solid-state technology with many universities working on government funded projects. Japan has also been on an aggressive forefront to develop innovative battery technology, and solid-state has a major share in the research and development.

Material manufacturers form the backbone of the battery manufacturing supply chain. The supply chain can be divided into four categories - raw material, component manufacturer, cell construction, and battery pack development. The end of product life is an important factor, requiring a sustainable method for recycling the EV battery for recharge and reuse or material extraction. The raw material and SSB battery component accounted for over 33% of the total electric vehicle cost based on data points between 2016 and 2018. The development of EV has led to the development of new opportunities and businesses due to the requirement of unique components and service infrastructure.

The timeline is based on mass volume penetration of SSB-based EV models in the industry. However, in the initial phase of development, the solid-state technology is estimated to have high cost varying in the range of ~$800/kWh to ~$400kWh by the year 2026. At this level, the solid-state technology is expected to be applicable in premium vehicles, supercars, and luxury cars, as they can easily accommodate such technology in their expansive cost bracket. Between 2022 and 2026, an initial market penetration is expected in the passenger EV market as deducted from various market strategies, such as funding, investments, partnerships, and collaboration taking place in the solid-state battery ecosystem.

Electric vehicle batteries have been subjected to the extensive research and development, with automobile manufacturers coming up with various technologies and chemical compositions to introduce cost-effective power sources, which may be used for electric vehicles. The market has gained significant traction due to the rapidly increasing demand for electric cars, with the global stock crossing 2 million in 2016 after crossing 1 million in 2015. The increase is attributed to the increasing initiatives from various governments and environmental agencies to encourage the sales of vehicles that run in alternate sources of energy. Solid-state battery technology can be applied in electric passenger vehicles and commercial vehicles energy storage battery pack. The electric passenger vehicles include an estimate based on the penetration of solid-state technology in cars, bikes, scooters, and e-bikes, whereas for commercial vehicles, it is light-commercial vehicles, medium and heavy commercial vehicles, and buses.

The conventional Li-ion EV batteries, which have developed their base as a matured, tested, and efficient technology, have liquid form of electrolyte in them. The top manufacturers for liquid electrolyte-based battery are Panasonic, Samsung SDI, LG Chem, and Toshiba, among others. The solid-state battery concept is a disruption for the current market technology. The solid-state concept replaces the liquid electrolyte with solid form. The solid electrolyte research and development focuses on higher energy efficiency, improved volumetric densities, improved durability, and safety of operation. Electrolyte for a solid-state battery can be categorized into polymer-based, ceramic-based, carbon-based, glass fiber-based, and sulphur-based.

Key Topics Covered:

1 Market Dynamics
1.1 Introduction
1.2 Driver
1.2.1 Increasing Demand for Electric Vehicles
1.2.2 Stringent Governmental Regulations to Improve Fuel Economy of Vehicles Across the Globe
1.2.3 Technical and Operational Advantages of Solid-State Lithium-ion Battery
1.3 Challenge
1.3.1 Technological Parameters
1.3.2 Fluctuation in Material Prices
1.4 Opportunity
1.4.1 Growth in Autonomous Driving Systems
1.4.2 Growth in Adoption of Electric Two-Wheeler Adoption in APAC and Europe

2 Competitive Insights
2.1 Key Developments and Strategies
2.1.1 Investments
2.1.2 Partnerships, Collaborations, and Joint Ventures
2.1.3 New Product Launches
2.1.4 Mergers and Acquisitions
2.1.5 Other
2.2 Competitive Landscape

3 Industry Analysis
3.1 All Solid-State Battery Development Business Cases
3.2 Projects for Solid-State Battery (SSB) Development
3.2.1 Melt-Infiltration Solid Electrolyte Technology for Solid-State Lithium Battery
3.2.2 Robust Multifunctional Battery Chassis Systems for Automotive Applications
3.2.3 Safe, Low-Cost, High Energy-Density, Solid-State Li-Ion Batteries
3.2.4 An Ultra High Energy, Safe, and Low Cost All Solid-State Rechargeable Battery for Electric Vehicles
3.2.5 Low-Cost Solid-State Battery for EV Applications
3.2.6 Power Drive Line
3.2.7 Next Generation Solid-State Batteries
3.3 Comparative Analysis of Alternate EV Battery Compositions in Existence
3.3.1 Lead Acid Battery
3.3.2 Nickel-Cadmium (Ni-Cd) Batteries
3.3.3 Nickel-Metal Hydride (NiMH) Batteries
3.3.4 Lithium-ion (Li-ion) Battery
3.3.4.1 Lithium-Cobalt Batteries
3.3.4.2 Lithium-Manganese Batteries
3.3.4.3 Lithium-Phosphate Batteries
3.4 Supply Chain
3.5 Development Cycle of Solid-State Battery Technology
3.6 Solid-State Battery Consortiums and Associations
3.6.1 Advance Cell and Battery Research and Development
3.6.2 Battery500 Consortium
3.6.3 New Energy and Industrial Technology Development Organization

4 Global Automotive Solid-State Battery Market (by Vehicle Type)
4.1 Assumptions and Limitations
4.2 Passenger Electric Vehicle
4.3 Two-Wheelers (Electric)
4.4 Commercial Vehicles

5 Global Automotive Solid-State Battery Market (by Component)
5.1 Cathode Materials
5.1.1 Nickel Cobalt Manganese (NCM or NMC)
5.1.2 Lithium Iron Phosphate (LFP)
5.1.3 Nickel Cobalt Aluminium (NCA)
5.1.4 Others
5.2 Electrolyte
5.2.1 Solid Polymer Electrolyte
5.2.2 Composite Electrolyte
5.2.3 Inorganic Electrolyte
5.2.4 Others
5.3 Anode
5.3.1 Anode Material Options for Solid-State Battery

6 Global Automotive Solid-State Battery Market (by Region)
6.1 North America
6.1.1 The U.S.
6.1.2 Canada
6.2 Europe
6.2.1 The U.K.
6.2.2 Germany
6.2.3 Italy
6.2.4 France
6.2.5 Rest-of-Europe
6.3 Asia-Pacific (APAC)
6.3.1 China
6.3.2 Japan
6.3.3 India
6.3.4 Rest-of-APAC
6.4 Rest-of-the-World

7 Company Profiles

BMW Group
Enevate Corporation
Hitachi Ltd.
Ilika plc
Ionic Materials
Johnson Battery Technologies
LG Chem Ltd.
Murata Manufacturing Co. Ltd.
NGK Spark Plug Co.
NanoGraf Corporation
Nichia Corporation
Nippon Chemical Industrial Co., Ltd.
Panasonic Corporation
QuantumScape Corporation
Sakti3
Samsung SDI Co., Ltd.
Seeo, Inc.
Sila Nanotechnologies
Solid Power
Volkswagen Group

For more information about this report visit https://www.researchandmarkets.com/research/trqmct/global_automotive?w=5

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