Lithium Iron Phosphate Battery Market - Top Companies and Manufacturers

  • Report ID: 3676
  • Published Date: Jun 12, 2024
  • Report Format: PDF, PPT

Companies Dominating the Lithium Iron Phosphate (LiFePO4) Battery Landscape

top-features-companies
    • LiFeBATT, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BYD Company Ltd.
    • A123 Systems LLC
    • Electric Vehicle Power System Technology Co., Ltd.
    • Bharat Power Solutions
    • OptimumNano Energy Co., Ltd.
    • CENS Energy Tech Co., Ltd.
    • Panasonic Corporation
    • Toshiba Corporation
    • Samsung SDI Co., Ltd

Browse Key Market Insights with Data Illustration:

In the News

  • Toshiba Corporation introduced 20Ah-HP rechargeable lithium-ion battery cell that is the same size as Toshiba's existing 20Ah product. Moreover, the cell is perfect for heavy-load applications, and industrial equipment, where high power input and output are necessary. Further, it is also ideal for situations where battery cells must suppress heat and operate continuously.
  • December 2022: Panasonic Corporation a global leader in lithium-ion batteries, teamed up with Lucid Group to increase the production of lithium-ion EV batteries outside of Japan and into the United States. Further, this collaboration will speed up the transition to a future with net-zero emissions and help the lithium-ion battery market thrive.

Author Credits:  Dhruv Bhatia


  • Report ID: 3676
  • Published Date: Jun 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of lithium iron phosphate battery is assessed at USD 18.5 Billion.

Lithium Iron Phosphate (LiFePO4) Battery Market size was valued at USD 16.31 Billion in 2023 and is anticipated to reach USD 100.29 Billion by the end of 2036, expanding at around 15.3% CAGR during the forecast period i.e., between 2024-2036. Growing demand for electric and hybrid vehicles and the growing focus on energy storage applications are the major factors driving the market growth.

The European industry is projected to have the highest growth through 2036, impelled by rising demand for electric and hybrid vehicles across the region.

LiFeBATT, Inc., BYD Company Ltd., A123 Systems LLC, Electric Vehicle Power System Technology Co., Ltd., Bharat Power Solutions, OptimumNano Energy Co., Ltd., CENS Energy Tech Co., Ltd., Panasonic Corporation, Toshiba Corporation, Samsung SDI Co., Ltd
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying