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APAC Solid State Battery Market
ID: MRFR/EnP/53864-HCR
200 Pages
February 2026
APAC Solid State Battery Market Research Report: By Application (Electric Vehicles, Consumer Electronics, Aerospace, Energy Storage Systems), By Chemistry Type (Lithium Metal, Lithium Sulfur, Sodium Ion, Polymer), By End Use (Automotive, Consumer Devices, Industrial, Medical Devices), By Form Factor (Thin-Film, Prismatic, Cylindrical) and By Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC) - Forecast to 2035
Industry Developments
The APAC Solid State Battery Market has recently witnessed significant developments and advancements. Notably, Panasonic has been ramping up its investment in solid-state battery technology, emphasizing its commitment to electric vehicle (EV) batteries, while LG Chem and Samsung SDI are also collaborating on research efforts to enhance energy density and safety in their battery solutions. The market is further invigorated by significant growth projections for companies like QuantumScape and Solid Power, as increased investments are expected to elevate the overall market valuation. In September 2023, Toyota announced a partnership with a leading semiconductor firm to optimize their solid-state battery production processes. Additionally, in May 2023, Freyr Battery moved forward with plans to build a manufacturing facility in Norway, intending to incorporate solid-state technologies, showcasing a strong presence in APAC's evolving battery landscape. No notable mergers or acquisitions have been reported in the recent past involving the identified companies; however, the competitive dynamics in the APAC region continue to heat up, marking it as a vital area for innovation and growth in the battery market landscape.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 0.77(USD Billion) |
| MARKET SIZE 2024 | 1.0(USD Billion) |
| MARKET SIZE 2035 | 10.8(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 24.15% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Panasonic, Ionic Materials, Murata Manufacturing, QuantumScape, Solid Power, BASF, Commercial Battery Systems, Freyr Battery, Hitachi Zosen, LG Chem, A123 Systems, Samsung SDI, Sila Nanotechnologies, Toyota |
| SEGMENTS COVERED | Application, Chemistry Type, End Use, Form Factor, Regional |
| KEY MARKET OPPORTUNITIES | Growing electric vehicle demand, Renewable energy storage solutions, Miniaturization in electronics, Government incentives for innovation, Advances in manufacturing technology |
| KEY MARKET DYNAMICS | increasing demand for electric vehicles, advancements in battery technologies, government support and regulations, rising consumer awareness, competitive manufacturing landscape |
| COUNTRIES COVERED | China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC |
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FAQs
What is the expected market size of the APAC Solid State Battery Market by 2035?
By 2035, the APAC Solid State Battery Market is anticipated to reach a value of 10.8 billion USD.
What is the projected compound annual growth rate (CAGR) for the APAC Solid State Battery Market from 2025 to 2035?
The expected CAGR for the APAC Solid State Battery Market from 2025 to 2035 is 24.15 percent.
Which region is expected to dominate the APAC Solid State Battery Market by 2035?
By 2035, China is expected to hold the largest market share, with a projected value of 5.5 billion USD.
What is the market value of the Electric Vehicles segment in the APAC Solid State Battery Market for 2024?
In 2024, the Electric Vehicles segment is valued at 0.4 billion USD.
Who are the key players in the APAC Solid State Battery Market?
Major players in the market include Panasonic, Ionic Materials, Murata Manufacturing, and QuantumScape, among others.
What is the market value of the Consumer Electronics segment in 2035?
The Consumer Electronics segment of the APAC Solid State Battery Market is expected to reach 2.9 billion USD by 2035.
What is the anticipated growth rate for the Aerospace application of the APAC Solid State Battery Market?
The Aerospace application is projected to grow to a market value of 1.8 billion USD by 2035.
What is the expected market size for India in the APAC Solid State Battery Market by 2035?
By 2035, India's market size in the APAC Solid State Battery Market is projected to be 2.1 billion USD.
What will be the market size of Energy Storage Systems in 2035?
The Energy Storage Systems segment is expected to reach a market value of 1.6 billion USD by 2035.
What market size is projected for the Solid State Battery Market in South Korea by 2035?
The market size for South Korea in the Solid State Battery Market is projected to be 1.0 billion USD by 2035.
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