Vietnam Solid State Battery Market Size, Share, Trends and Forecast by Type, Capacity, Application, and Region, 2025-2033

Vietnam Solid State Battery Market Overview:

The Vietnam solid state battery market size reached USD 9.05 Million in 2024. The market is projected to reach USD 132.76 Million by 2033, exhibiting a growth rate (CAGR) of 30.81% during 2025-2033. The market is becoming a significant driver in the new area of solid state battery technology, spurred by advancements in energy storage technology and growing demand for electric vehicles. The nation's strategic initiatives, like massive investments in renewable energy infrastructure and supportive government policy, are setting the stage for the development and adoption of solid state batteries. Collaboration between local companies and international counterparts is accelerating research and development efforts. The collective action is poised to influence Vietnam solid state battery market share in the next few years.

Vietnam Solid State Battery Market Trends:

Expansion of Battery Manufacturing Facilities

Vietnam is growing its battery production capacity to address growing demand for enhanced energy storage technology. In August 2025, an important investment was made in building a new battery manufacturing plant in the central part of Vietnam. This plant will manufacture a variety of batteries, including solid state batteries, to fuel developing electric vehicle and renewable energy industries. The setup of these manufacturing facilities is a strategic action to lower reliance on imported batteries and to encourage local innovation. The government's investment in and encouragement of the battery sector through concessionary policies further increases the appeal of Vietnam as a manufacturing base for sophisticated battery technology. This growth not only serves to serve local demand but also makes Vietnam a potential high-quality battery exporter to global markets. Development of manufacturing capacities is one of the driving factors in Vietnam solid state battery market growth, providing a consistent supply of sophisticated energy storage solutions.

Solid State Battery Technology Innovations

Vietnam is also seeing fast development of solid state battery technology both locally and internationally. In March 2025, one of the largest breakthroughs was when a top automaker announced plans to manufacture an electric car using solid state batteries. The move indicates growing trust in the commercial viability of solid state batteries, which are projected to offer greater energy densities and greater security compared to lithium-ion batteries. There are also other government policies that offer subsidies and tax relief to producers, further increasing the promotional impetus of this technology shift. Research and development efforts also increase in strength, targeting the performance and affordability improvement of solid state batteries. These advances are expected to propel electric vehicle and renewable energy storage system growth in Vietnam. As the technology advances, it is bound to be at the core of converting the country towards cleaner energy systems. This progress underpins Vietnam solid state battery market trends, thereby making Vietnam a competitive participant in the international battery market.

Strategic Partnerships and Investments

Vietnam is increasingly turning its attention to establishing strategic partnerships and attracting investment to develop its solid-state battery sector. Strategic collaborations between homegrown businesses and leading overseas technologies are instrumental in expediting the advancement and commercialization of cutting-edge battery technologies. Such collaborations allow for technical exchanges and innovation, facilitating the development of improved battery safety, energy density, and manufacturing efficiency. In addition, the flow of investments into research and development initiatives facilitates the development of next-generation solid-state batteries specific to regional and international market demands. The active role played by the government in nurturing innovation with incentive policies and funding initiatives further reinforces the growth ecosystem. Together, these efforts enable the establishment of a strong backbone of battery manufacturing infrastructure and research, facilitating a sustainable supply chain. By developing a participative culture that fosters resource sharing and sharing of knowledge, Vietnam seeks to develop a competitive foothold in the fast-changing energy storage industry. By doing so, it creates a solid platform for sustained industrial development and stands well-prepared to take advantage of future technological breakthroughs.

Vietnam Solid State Battery Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, capacity, and application.

Type Insights:

• Portable Battery
• Thin Film Battery

The report has provided a detailed breakup and analysis of the market based on the type. This includes portable battery and thin film battery. 

Capacity Insights:

• Less Than 20 mAh
• 20 mAh to 500 mAh
• More Than 500 mAh

A detailed breakup and analysis of the market based on the capacity has also been provided in the report. This includes less than 20 mAh, 20 mAh to 500 mAh, and more than 500 mAh.

Application Insights:

• Consumer and Portable Electronics
• Electric Vehicle
• Energy Harvesting
• Wearable and Medical Devices
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes consumer and portable electronics, electric vehicle, energy harvesting, wearable and medical devices, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Solid State Battery Market News:

• May 2025: Gotion High-Tech has marked a breakthrough with the completion of a pilot production line for its GEMSTONE all-solid state battery. This development further boosts the company's strength in next-generation energy solutions. The GEMSTONE battery showcases impressive improvements in ion conductivity, cell capacity, and lower internal pressure, along with intense safety verifications. Gotion's dedication to innovation is further underscored by its continuing research and development of other advanced battery technologies. These initiatives place the firm at the top of the international battery sector.

Vietnam Solid State Battery Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam solid state battery market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam solid state battery market on the basis of type?
• What is the breakup of the Vietnam solid state battery market on the basis of capacity?
• What is the breakup of the Vietnam solid state battery market on the basis of application?
• What is the breakup of the Vietnam solid state battery market on the basis of region?
• What are the various stages in the value chain of the Vietnam solid state battery market? 
• What are the key driving factors and challenges in the Vietnam solid state battery market?
• What is the structure of the Vietnam solid state battery market and who are the key players?
• What is the degree of competition in the Vietnam solid state battery market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam solid state battery market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam solid state battery market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam solid state battery industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.