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Solid State Battery Market to Grow by USD 554.8 Million from 2024-2028, as Demand for Long-Range EVs with AI Impact on Trends – Technavio

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NEW YORK, Nov. 7, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global solid state battery market  size is estimated to grow by USD 554.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  44.97%  during the forecast period. Growing requirement for long-range evs is driving market growth, with a trend towards rising vendor collaborations. However, declining li-ion battery prices  poses a challenge.Key market players include AMP Inc, Ampcera Inc., BrightVolt, BYD Co. Ltd., Factorial Energy, General Motors Co., Hitachi Zosen Corp., Ilika, Ion Storage Systems, Johnson Energy Storage Inc., LG Chem Ltd., Murata Manufacturing Co. Ltd., Poly Plus Battery Co., ProLogium Technology Co. Ltd., QuantumScape Corp, Robert Bosch GmbH, Samsung SDI Co. Ltd., STMicroelectronics International N.V., TDK Corp., and Toyota Motor Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Transportation, Grid storage, and Others), Type (Portable and Thin film), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

AMP Inc, Ampcera Inc., BrightVolt, BYD Co. Ltd., Factorial Energy, General Motors Co., Hitachi Zosen Corp., Ilika, Ion Storage Systems, Johnson Energy Storage Inc., LG Chem Ltd., Murata Manufacturing Co. Ltd., Poly Plus Battery Co., ProLogium Technology Co. Ltd., QuantumScape Corp, Robert Bosch GmbH, Samsung SDI Co. Ltd., STMicroelectronics International N.V., TDK Corp., and Toyota Motor Corp.

Key Market Trends Fueling Growth

Several new vendors are entering the global solid state battery market due to the expanding automotive sector. Notable battery manufacturers are securing investments from prominent investors and forming alliances to advance solid state battery technology. This innovation poses a significant challenge to conventional battery technologies. The growing adoption of start-stop systems has instigated businesses to develop efficient models for solid state batteries. Ilika, a pioneer in solid state battery technology, leads a USD10 million collaboration project, the Faraday Battery Challenge, with Nexeon, HSSMI, three top UK universities, CPI, and BMW Group and WAE Technologies. Ilika will receive a USD3.5 million grant and collaborate with these partners to create an automotive-defined solid state battery by the project’s end. Factorial, a lithium-ion solid state battery provider, partners with battery recycling company Young Poong to research lithium-metal recycling for solid state batteries. Factorial will provide leftover lithium-metal material from its production process to Young Poong, which will create a recycling process for lithium metal, enabling a circular economy. German automotive supplier MAHLE and Taiwan-based battery manufacturer ProLogium have signed a Memorandum of Understanding to develop and evaluate thermal management solutions for next-generation solid-state batteries. These cells offer advantages in safety and energy density, enhancing driving ranges and safety standards. The collaboration will focus on customized thermal management solutions for ProLogium’s technology, supporting competitive battery systems with high efficiency, energy density, longevity, and fast-charging capabilities. The increasing number of new players and their collaborations will intensify market competition, leading to more R&D activities for a competitive edge. These alliances facilitate the sharing of manpower and technical expertise, fostering the innovation of new technologies and boosting the sales of solid state batteries, ultimately driving the growth of the global solid state battery market.

The Solid State Battery market is experiencing significant growth, particularly in sectors like wearable devices, consumer electronics, and mobile healthcare devices. Solid-state batteries, which use a solid electrolyte instead of a liquid or polymer one, offer several advantages, including increased energy density, improved safety, and longer cycle life. This makes them ideal for high-performance applications in electric vehicles (EVs), IoT devices, wireless medical devices, and smart devices. Manufacturers of electronic components are focusing on developing solid-state batteries to meet the demands of the automotive sector, renewable energy storage, and high-power sources. Companies like Solid Power, Thin Film Batteries, and Solid Energy are leading the charge in this area. Despite the benefits, challenges remain, such as performance degradation and the need for new electrolyte materials. However, advancements in technology and raw material sourcing, including the use of wood-derived batteries, are helping to address these issues. With the increasing importance of energy harvesting, charging stations, and lightweight batteries, the future looks bright for solid-state batteries in various industries, including electric vehicles, aerospace and defense, and microgrid applications.

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Market Challenges

The lithium-ion battery market currently dominates the global energy storage landscape due to its advantages, including low maintenance, long life, and high energy density. However, the safety concerns associated with the use of lithium metal in these batteries, such as fire and explosion risks, have led to the development of next-generation solid state batteries. Solid state batteries offer improved safety and longer cycle life, making them an attractive alternative. However, the widespread use and affordability of lithium-ion batteries pose a challenge to the growth of the solid state battery market. The declining prices of lithium-ion batteries will boost their sales, potentially hindering the market expansion of solid state batteries in the forecast period.The Solid State Battery market is experiencing significant growth due to its potential to address the power needs of various industries. IoT devices, wireless medical devices, and consumer electronics require long-lasting, lightweight batteries. Solid-state batteries offer a solution with their high rechargeability and volumetric energy density. In the automotive sector, solid-state batteries are expected to revolutionize electric vehicles (EVs) by providing longer ranges and faster charging times. Renewable energy storage and grid stability also benefit from solid-state batteries’ high power output and charge cycles. However, challenges such as raw material shortages, high production costs, and the need for advanced charging stations remain. Companies like Solid Power, Thin Film Batteries, and Wood-derived batteries are working to overcome these hurdles. Applications include EVs, portable batteries, and industrial equipment, as well as aerospace and defense, microgrid applications, and energy harvesting devices. Solid-state batteries offer high-performance energy storage for various industries, making them a promising solution for the future.

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Segment Overview 

This solid state battery market report extensively covers market segmentation by

Application 1.1 Transportation1.2 Grid storage1.3 OthersType 2.1 Portable2.2 Thin filmGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Transportation-  The solid state battery market is experiencing significant growth due to its advantages over traditional lithium-ion batteries. These batteries offer increased energy density, longer cycle life, and improved safety. Major industries such as automotive and consumer electronics are investing in solid state battery technology to enhance their product offerings. Companies like Toyota, Panasonic, and Samsung SDI are leading the charge in research and development. The global market for solid state batteries is projected to reach USD22.8 billion by 2027, growing at a CAGR of 21.5% from 2020 to 2027.

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Research Analysis

Solid State Batteries (SSBs) are the next generation of energy storage solutions, offering several advantages over traditional Lithium-ion batteries. SSBs utilize a solid electrolyte instead of a liquid or gel electrolyte, resulting in increased energy density, improved safety, and enhanced performance. These batteries are gaining significant attention in various industries, including wearable devices, consumer electronics, and mobile healthcare devices, due to their high-performance and long-lasting capabilities. In the automotive sector, SSBs are expected to revolutionize the electric vehicle (EV) industry by providing lightweight batteries with high power output and longer range. The solid-state battery market is also expanding in the renewable energy storage sector, providing a reliable and efficient solution for storing excess energy generated from solar and wind power. SSBs come in various forms, including thin-film batteries, single-cell batteries, and multi-cell batteries. They offer rechargeability, making them a versatile option for various applications. Companies are investing heavily in research and development to improve the performance and reduce the production cost of SSBs. Wood-derived batteries and charging stations are also emerging as potential alternatives in the solid-state battery market.

Market Research Overview

Solid State Batteries (SSBs) are the next-generation energy storage solution, offering several advantages over traditional Lithium-ion batteries. SSBs utilize a solid electrolyte instead of a liquid or gel electrolyte, eliminating the risk of thermal runaway and improving safety. With a higher energy density and volumetric energy density, SSBs are ideal for powering wearable devices, consumer electronics, and mobile healthcare devices. In the automotive sector, SSBs promise longer range and faster charging for Electric Vehicles (EVs), making them a promising alternative to Lithium-ion batteries. SSBs also find applications in high power sources, secondary batteries, rechargeable batteries, IoT devices, wireless medical devices, and smart devices. The market for SSBs is expected to grow significantly due to their high power output, lightweight design, and potential for use in aerospace and defense, renewable energy storage, and industrial equipment. However, challenges such as raw material shortage and high production costs remain, with companies like Solid Power and Thin Film Batteries leading the way in innovation and development. SSBs also have potential applications in grid stability, microgrid applications, and energy harvesting, making them a versatile and valuable addition to the energy storage landscape.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationTransportationGrid StorageOthersTypePortableThin FilmGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Driving Certainty Through Uncertainty: eclicktech’s Engineering Approach to Agentic AI

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XI’AN, China, May 9, 2026 /PRNewswire/ — As generative AI moves from experimentation to enterprise deployment, the industry focus is shifting from model capability to operational reliability. The challenge is no longer simply building smarter AI, but ensuring AI systems can operate safely and consistently inside complex production environments.

eclicktech recently shared its internal engineering practices around Agentic AI, highlighting how the company is applying context engineering, multi-cloud infrastructure, and layered security frameworks to support enterprise-scale AI deployment.

To support global operations across more than 230 countries and regions, eclicktech built its Cycor platform around a multi-cloud architecture integrating AWS, Google Cloud, Alibaba Cloud, Tencent Cloud, Huawei Cloud, and other providers. According to the company, this approach improves infrastructure flexibility, reduces vendor lock-in risk, and enables more efficient orchestration of large-scale Kubernetes clusters and AI workloads.

eclicktech stated that one of the key lessons from early Agent development was that prompt engineering alone was insufficient for enterprise deployment. The company therefore shifted toward context engineering — an approach focused on delivering the right information, at the right time, while optimizing limited token resources.

Its engineering framework includes six layers of context management covering active sessions, short-term memory, long-term semantic storage, knowledge graphs, operational experience, and reusable organizational skills. The system also supports proactive context injection, allowing relevant operational history and risk information to be surfaced automatically before sensitive actions are executed.

To improve inference efficiency, eclicktech introduced layered token governance and progressive tool-loading mechanisms, dynamically loading tools and information only when required. The company said this approach helped improve tool selection accuracy and reduce unnecessary token consumption during complex operational workflows.

Security remains a core requirement throughout the architecture. eclicktech’s governance framework includes namespace isolation, dry-run verification, human approval workflows, rule-based validation, and rollback mechanisms designed to reduce operational risks associated with AI-driven automation.

According to eclicktech, the next stage of enterprise AI competition will depend not only on model capability, but also on engineering reliability, infrastructure orchestration, context management, and organizational knowledge systems.

Note: Certain technical information referenced in this article is derived from eclicktech’s internal engineering practices and is provided for industry reference purposes only.

View original content:https://www.prnewswire.com/apac/news-releases/driving-certainty-through-uncertainty-eclicktechs-engineering-approach-to-agentic-ai-302767441.html

SOURCE eclicktech

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How a Unified Monetization Solution Is Driving eCPM and Revenue Growth for Casual Games Worldwide

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SINGAPORE, May 8, 2026 /PRNewswire/ — Casual, hyper-casual, and hybrid-casual games have become dominant categories in the global mobile market, making in-app advertising (IAA) a key driver of monetization success. However, many developers continue to face major challenges, including unstable fill rates, fluctuating eCPMs, difficulties balancing multiple regional markets, and the ongoing tradeoff between user experience and revenue growth.

To address these issues, zMaticoo has compiled a series of monetization case studies from leading game publishers and studios across China, Vietnam, Europe, and North America. These teams span hyper-casual, puzzle, board, card, and light-casual game categories, with DAUs ranging from millions to tens of millions. By adopting the same monetization framework, they achieved simultaneous growth in fill rate, eCPM, and ad revenue while maintaining stable user experience.

A common challenge among these teams was the shrinking monetization margin across global markets, creating an urgent need for sustainable revenue growth. At the same time, developers were cautious about over-monetization negatively impacting retention and player engagement.

To solve these challenges, zMaticoo introduced an AI-driven monetization system with full-funnel optimization capabilities. The platform connects developers directly to premium global advertiser budgets across both performance and brand advertising. AI models identify high-value traffic in real time based on region, audience, and usage scenarios, prioritizing high-eCPM demand sources. Separate bidding strategies are applied for mature and emerging markets to avoid revenue loss caused by one-size-fits-all pricing models.

The platform also provides refined ad format optimization:

Banner Ads: optimized display share and loading timing to improve SOV and stabilize eCPM;Interstitial Ads: precisely triggered during high-value moments such as level completion or pause screens, with especially strong premiums in emerging markets;Rewarded Video: deeply integrated into gameplay loops, delivering high user acceptance and conversion performance.

On the technical side, zMaticoo optimized SDK infrastructure to improve fill stability under weak network conditions. Ad loading time was reduced from five seconds to under two seconds through a rebuilt loading architecture. Progressive asset loading further minimized timeout-related drop-offs. AI-powered ad templates dynamically generated personalized creatives, improving both CTR and conversion performance.

The zMaticoo team also provides one-stop operational and analytics support. Developers can monitor fill rate, impressions, eCPM, and revenue through a unified dashboard, while dedicated optimization specialists provide 7×12 support for A/B testing, strategy iteration, and scaling guidance. The platform is deeply integrated with major mediation solutions, enabling one-time integration and multi-scenario deployment while reducing development and maintenance costs.

According to zMaticoo platform data:

In mature markets including the United States, Germany, Japan, and South Korea, banner eCPMs increased by 5%–10%, while interstitial premiums improved by over 5%;In emerging markets such as Brazil, Mexico, and Southeast Asia, interstitial eCPMs increased by more than 10%.

The monetization framework has demonstrated effectiveness across hyper-casual, puzzle, board/card, and utility app categories, supporting both rapid scale-up and long-term monetization stability.

Partner feedback includes:

“We are highly satisfied with the revenue uplift after integration. Our core products’ banner performance now ranks among the top tier.””Revenue recovered significantly after A/B testing, and we are expanding testing across more products.””One solution now supports multiple global markets without requiring separate monetization strategies for each region.””Interstitial monetization performance has been especially strong, with SOV reaching 10%–20% for several partners.”

zMaticoo believes successful monetization today is not about stacking more ad platforms, but about leveraging AI, technology, and refined operations to unlock long-term traffic value. Whether for hyper-casual publishers, puzzle game studios, or global mobile app companies, this AI-powered monetization framework is designed to deliver sustainable revenue growth while preserving user experience.

View original content:https://www.prnewswire.com/news-releases/how-a-unified-monetization-solution-is-driving-ecpm-and-revenue-growth-for-casual-games-worldwide-302767432.html

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Fox ESS Celebrates Strong Momentum with Integrated Solar Storage & Charging Solutions at Smart Energy 2026

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SYDNEY, May 9, 2026 /PRNewswire/ — Fox ESS, a global leader in renewable energy solutions, attended Smart Energy 2026 during 6-7 May as a platinum sponsor. At the event, Fox ESS showcased its next-generation approach to solar storage and EV charging solution, delivering a seamless, future-ready energy experience for homeowners and installers across Australia.

Integrated Solutions Tailored for Aussie Homes

At Smart Energy 2026, Fox ESS highlighted its storage-to-charging solution, designed to make everyday energy use more convenient for local residents. With performance-led products and proven market traction, Fox ESS is set to play its part in building a more resilient energy future for Australia.

Battery Systems

Fox ESS continues to build momentum in the battery market. Sunwiz, an Australian solar consultancy, recently reported that Fox ESS ranked No.1 in March for installation capacity. And the company also revealed it has installed more than 25,000 systems in April. During the exhibition, Sunwiz presented Fox ESS with an award, recognising the company as Top Solar Company for Fastest Growing Battery.

CQ7 V6+ High Voltage Battery (42kWh and above)
Building on Fox ESS’ proven strengths, compact design and high capacity, CQ7 V6+ is well suited to medium-sized households and ensure the free use of electricity and maximize the self-consumption.EQ4800 High Voltage Battery (28kWh)
A reliable choice for smaller households, designed for efficient day-to-day energy storage.

Alongside its battery range, Fox ESS showcased all-in-one systems, including Stackable AIO and EVO, designed to simplify installation while maintaining a high standard of design and presentation.

Inverters

Fox ESS offers a range of inverters to suit local requirements, supported by up to 200% PV oversizing and a 10-year product warranty.

Single-phase: H1‑G2 (3–6kW); KH series (7–10.5kW)Three-phase: H3 Smart (5–15kW); H3 Pro (15–29.9kW); H3 Plus (50–125kW)

EV Chargers

With EV adoption accelerating, Fox ESS also offers EV charging solutions with solar linkage, designed to work across its inverter portfolio. The chargers provide robust, smart energy management, including dynamic load balancing to help protect home circuits.

A Series (7.3kW / 11kW / 22kW): IP65 and IK08 protection, OCPP-compliant.L Series (7.3kW / 11kW): straightforward installation with multiple colour options.

Big Battery Still Takes Centre Stage

As the Cheaper Home Battery Program moves into a new phase under an updated rebate policy, interest in larger battery systems continues to grow, particularly as more households consider EV upgrades amid rising fuel costs. More EVs typically mean households need greater energy availability, making higher-capacity storage an increasingly attractive option.

Looking ahead, from 1 July 2026, the Australian Government’s Solar Sharer Offer (SSO) will provide eligible households with three hours of free daily electricity to align with peak solar generation. Households with larger batteries will be well placed to make the most of this opportunity.

Fox ESS is also working with local VPP partners, including Amber Electric and Origin Loop VPP, helping homeowners unlock maximum value while supporting greater grid stability.

Maimai Comes Alive at the Exhibition

Visitors to the Fox ESS stand experienced a full programme of brand activations across the event. Following the online announcement, Sydney served as Maimai’s first physical stop, bringing the community together for face-to-face engagement. Attendees queued to take photos with the brand’s friendly and recognisable mascot.

Long-Term Commitment to Australia

Fox ESS has opened two local offices in Melbourne and Sydney, with more than 30 dedicated specialists supporting local customer needs. The company is also looking to play a wider role in Australia’s energy transition.

Notably, Ian Thorpe made his first in-person appearance at Fox Night, where he presented partners with awards. At the event party, Fox ESS also hosted a battery installation challenge, featuring eight rounds of competition, with the final winners receiving a range of prizes.

“We’re delighted to see such a strong result following the rollout of local policy. With nearly 400,000 Australian households now installing batteries, Fox ESS has played a key role, but this is only the beginning. We’re committed to keeping momentum and helping make a smarter, more reliable energy future a reality for more homes.” said Brooks Richard Geng, APAC & Middle East Managing Director, Fox ESS.

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