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Global Lithium Iron Phosphate Batteries Market by Power Capacity (0-16,250 mAh, 100,001-540,000 mAh, 16,251-50,000 mAh), Type (Portable, Stationary), Industry - Forecast 2023-2030

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  • 182 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4857861
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The Lithium Iron Phosphate Batteries Market size was estimated at USD 16.03 billion in 2022, USD 17.17 billion in 2023, and is expected to grow at a CAGR of 7.24% to reach USD 28.04 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Lithium Iron Phosphate Batteries Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Lithium Iron Phosphate Batteries Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Lithium Iron Phosphate Batteries Market, highlighting leading vendors and their innovative profiles. These include A123 Systems LLC, Bharat Power Solutions, BYD Company Ltd., Canbat Technologies Inc., Contemporary Amperex Technology Co. Limited, Custom Power, DNK Power Company Limited, Electric Vehicle Power System Technology Co., Ltd., Epec, LLC, EVE Battery, EverExceed Industrial Co., Ltd., Greensun Solar Energy Tech Co., Limited, K2 Energy Solutions, Inc., LG Chem Ltd., Lynx Battery, Mouser Electronics, Inc., OptimumNano Energy Co., Ltd., Power Sonic Corporation, Reliance Lithium Werks B.V., RELiON Batteries, RJ Energy Co., Ltd., Saft Groupe SAS, Shanghai Electric Group Company Limited, Shenzhen BAK Battery Co., Ltd., Shenzhen BAK Technology Co., Ltd., Super B Lithium Power B.V., Tycorun Lithium Batteries, Victron Energy B.V., Vision Group, and Zhejiang Narada Power Source Co., Ltd.

Market Segmentation & Coverage

This research report categorizes the Lithium Iron Phosphate Batteries Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Power Capacity
    • 0–16,250 mAh
    • 100,001–540,000 mAh
    • 16,251–50,000 mAh
    • 50,001–100,000 mAh
  • Type
    • Portable
    • Stationary
  • Industry
    • Automotive
    • Industrial & Commercial
    • Power
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Lithium Iron Phosphate Batteries Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Lithium Iron Phosphate Batteries Market?
  3. What are the technology trends and regulatory frameworks in the Lithium Iron Phosphate Batteries Market?
  4. What is the market share of the leading vendors in the Lithium Iron Phosphate Batteries Market?
  5. Which modes and strategic moves are suitable for entering the Lithium Iron Phosphate Batteries Market?

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Lithium Iron Phosphate Batteries Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Automotive Industry Inclination Toward the Efficient and Safer Batteries
5.1.1.2. Requirement of Lithium Iron Phosphate Batteries for Power Generation
5.1.1.3. Increasing Use of Lithium Iron Phosphate Batteries for Material-Handling Applications
5.1.2. Restraints
5.1.2.1. Issues Related to Lithium-Iron Phosphate Batteries
5.1.3. Opportunities
5.1.3.1. Ongoing Technological Advancements in Lithium Iron Phosphate Batteries
5.1.3.2. Growing Investment for Lithium-ion Phosphate Batteries
5.1.4. Challenges
5.1.4.1. Storage, Transportation, and Safe Disposable Constraints of Lithium Iron Phosphate Batteries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Recycling of Li-ion batteries
5.10.2. Pricing Analysis & Trends
6. Lithium Iron Phosphate Batteries Market, by Power Capacity
6.1. Introduction
6.2. 0-16,250 mAh
6.3. 100,001-540,000 mAh
6.4. 16,251-50,000 mAh
6.5. 50,001-100,000 mAh
7. Lithium Iron Phosphate Batteries Market, by Type
7.1. Introduction
7.2. Portable
7.3. Stationary
8. Lithium Iron Phosphate Batteries Market, by Industry
8.1. Introduction
8.2. Automotive
8.3. Industrial & Commercial
8.4. Power
9. Americas Lithium Iron Phosphate Batteries Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Lithium Iron Phosphate Batteries Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Lithium Iron Phosphate Batteries Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. A123 Systems LLC
13.1.2. Bharat Power Solutions
13.1.3. BYD Company Ltd.
13.1.4. Canbat Technologies Inc.
13.1.5. Contemporary Amperex Technology Co. Limited
13.1.6. Custom Power
13.1.7. DNK Power Company Limited
13.1.8. Electric Vehicle Power System Technology Co., Ltd.
13.1.9. Epec, LLC
13.1.10. EVE Battery
13.1.11. EverExceed Industrial Co., Ltd.
13.1.12. Greensun Solar Energy Tech Co., Limited
13.1.13. K2 Energy Solutions, Inc.
13.1.14. LG Chem Ltd.
13.1.15. Lynx Battery
13.1.16. Mouser Electronics, Inc.
13.1.17. OptimumNano Energy Co., Ltd.
13.1.18. Power Sonic Corporation
13.1.19. Reliance Lithium Werks B.V.
13.1.20. RELiON Batteries
13.1.21. RJ Energy Co., Ltd.
13.1.22. Saft Groupe SAS
13.1.23. Shanghai Electric Group Company Limited
13.1.24. Shenzhen BAK Battery Co., Ltd.
13.1.25. Shenzhen BAK Technology Co., Ltd.
13.1.26. Super B Lithium Power B.V.
13.1.27. Tycorun Lithium Batteries
13.1.28. Victron Energy B.V.
13.1.29. Vision Group
13.1.30. Zhejiang Narada Power Source Co., Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. LITHIUM IRON PHOSPHATE BATTERIES MARKET RESEARCH PROCESS
FIGURE 2. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, 2022 VS 2030
FIGURE 3. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. LITHIUM IRON PHOSPHATE BATTERIES MARKET DYNAMICS
FIGURE 7. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY POWER CAPACITY, 2022 VS 2030 (%)
FIGURE 8. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY POWER CAPACITY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY TYPE, 2022 VS 2030 (%)
FIGURE 10. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY INDUSTRY, 2022 VS 2030 (%)
FIGURE 12. LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY INDUSTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 14. AMERICAS LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA LITHIUM IRON PHOSPHATE BATTERIES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. LITHIUM IRON PHOSPHATE BATTERIES MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 22. LITHIUM IRON PHOSPHATE BATTERIES MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • A123 Systems LLC
  • Bharat Power Solutions
  • BYD Company Ltd.
  • Canbat Technologies Inc.
  • Contemporary Amperex Technology Co. Limited
  • Custom Power
  • DNK Power Company Limited
  • Electric Vehicle Power System Technology Co., Ltd.
  • Epec, LLC
  • EVE Battery
  • EverExceed Industrial Co., Ltd.
  • Greensun Solar Energy Tech Co., Limited
  • K2 Energy Solutions, Inc.
  • LG Chem Ltd.
  • Lynx Battery
  • Mouser Electronics, Inc.
  • OptimumNano Energy Co., Ltd.
  • Power Sonic Corporation
  • Reliance Lithium Werks B.V.
  • RELiON Batteries
  • RJ Energy Co., Ltd.
  • Saft Groupe SAS
  • Shanghai Electric Group Company Limited
  • Shenzhen BAK Battery Co., Ltd.
  • Shenzhen BAK Technology Co., Ltd.
  • Super B Lithium Power B.V.
  • Tycorun Lithium Batteries
  • Victron Energy B.V.
  • Vision Group
  • Zhejiang Narada Power Source Co., Ltd.

Methodology

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Table Information