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Download Free sampleThe lithium iron phosphate battery (LiFePO4 battery) or LFP battery (lithium ferrophosphate) is a type of lithium-ion battery using lithium iron phosphate (LiFePO4) as the cathode material, and a graphitic carbon electrode with a metallic backing as the anode.
LFP Battery Market contains market size and forecasts of LFP Battery in global, including the following market information:
Global LFP Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LFP Battery Market Sales, 2017-2022, 2023-2028, (MWh)
Global top five LFP Battery companies in 2021 (%)
The global LFP Battery market was valued at 7398.6 million in 2021 and is projected to reach US$ 13940 million by 2028, at a CAGR of 9.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Prismatic LFP Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LFP Battery include CATL, BYD, Gotion High-tech, EVE, REPT, CALB, Great Power, Lishen Battery and Wanxiang A123, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the LFP Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LFP Battery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MWh)
Global LFP Battery Market Segment Percentages, by Type, 2021 (%)
Prismatic LFP Battery
Soft Pack LFP Battery
Cylindrical LFP Battery
Global LFP Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MWh)
Global LFP Battery Market Segment Percentages, by Application, 2021 (%)
Electric Vehicle
Energy Storage
Others
Global LFP Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MWh)
Global LFP Battery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LFP Battery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LFP Battery revenues share in global market, 2021 (%)
Key companies LFP Battery sales in global market, 2017-2022 (Estimated), (MWh)
Key companies LFP Battery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CATL
BYD
Gotion High-tech
EVE
REPT
CALB
Great Power
Lishen Battery
Wanxiang A123
ANC
Hithium
Lithion (Valence)
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
