Lithium Iron Phosphate (LiFePO4) Battery Market Size & Share, by Power Capacity (0-16,250 mAh, 16,251-50,000 mAh, 50,001-100,000 mAh, 100,001-540,000 mAh); Type (Stationary, Portable); End-user (Automotive, Power, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3676
  • Published Date: Apr 21, 2023
  • 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

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:  Payel Roy, Dhruv Bhatia


  • Report ID: 3676
  • Published Date: Apr 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for electric and hybrid vehicles and the growing focus on energy storage applications are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 17% over the forecast period, i.e., 2023-2035.

Exorbitant cost of (LiFePO4) battery, and the technical disadvantages of LFP battery are estimated to be the growth hindering factors for the market expansion.

The market in the European region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 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., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, power capacity, end-use, and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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