Global Quantum Batteries Market Size, Share, Opportunities, And Trends By Industry Vertical (Electronics, Automotive, Renewable Energy, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Mar 2023
  • Report Code : KSI061611533
  • Pages : 114

The global quantum batteries market is projected to expand at a CAGR of 24.78% over the forecast period. Scientists are very close to developing the world’s fastest charging battery known as the quantum battery which utilizes the unique property of quantum mechanics. New research at the University of Adelaide is aiming toward the development of the world’s first quantum battery under the supervision of Dr. James Quach. Dr. Quach, a quantum physicist says that unlike ordinary batteries quantum batteries would charge much faster using the property of “Entanglement” and it is because of this property only the charging process of the battery speeds up.

There are only a few market players currently dealing with the manufacturing and sales of quantum batteries. Many of them are in the research phase where big companies like Volkswagen have already successfully modeled key molecules such as lithium-hydrogen and carbon chains on quantum computers. By using the newly developed algorithms the Volkswagen experts laid the foundation for the simulation and optimization of the chemical structure of the high-performance electric vehicle (EV) batteries on a quantum computer. Highly specialized Data Scientists, computer linguistics, and software engineers are all working hard at San Francisco and Munich’s IT labs in developing the potential of quantum computer applications beneficial for the company. The company is working in collaboration with tech partners Google and D-Wave providing Volkswagen experts access to their systems.

The growing electronics industry will boost the growth of the global quantum batteries market in the forecast period. Also, the adoption of quantum computing is further propelling market growth. The United States from the North American region is expected to show a significant market share while China from the Asia Pacific region is racing towards the development of quantum computers.

Major industry players profiled as part of the report are QuantumScape Corporation, Quantum Instruments, Google, and Volkswagen AG among others.


The global quantum batteries market has been analyzed through the following segments:

  • By Industry Vertical
  • Electronics
  • Automotive
  • Renewable Energy
  • Others


  • By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Others


  • South America
  • Brazil
  • Argentina
  • Others


  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Others


  • Middle East and Africa
  • Saudi Arabia
  • Israel
  • UAE
  • Others


  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Others

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2.1. Research Design
2.2. Secondary Sources

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5.1. Electronics
5.2. Automotive
5.3. Renewable Energy
5.4. Others
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Mexico
6.1.4. Others
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. Italy
6.3.4. United Kingdom
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Israel
6.4.2. Saudi Arabia
6.4.3. UAE
6.4.4. Others
6.5. Asia Pacific
6.5.1. Japan
6.5.2. China
6.5.3. India
6.5.4. Australia
6.5.5. South Korea
6.5.6. Others
7.1.  Market Share Analysis
7.2.  Recent Deals and Investment
7.3. Strategies of Key Players
8.1. QuantumScape Corporation
8.1.1. Company Overview
8.1.2. Financials
8.1.3. Products and Services
8.1.4. Recent Developments
8.2.  Volkswagen AG
8.2.1. Company Overview
8.2.2. Financials
8.2.3. Products and Services
8.2.4. Recent Developments
8.3.  Google
8.3.1. Company Overview
8.3.2. Financials
8.3.3. Products and Services
8.3.4. Recent Developments
8.4.  Quantum Instruments
8.4.1. Company Overview
8.4.2. Financials
8.4.3. Products and Services
8.4.4. Recent Developments

QuantumScape Corporation
Volkswagen AG
Quantum Instruments