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Lithium Iron Phosphate Batteries - Global Market Outlook (2018-2027)

  • ID: 4897461
  • Report
  • January 2020
  • Region: Global
  • 208 pages
  • Stratistics Market Research Consulting Pvt Ltd
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FEATURED COMPANIES

  • A123 Systems
  • Bestgo
  • BYD
  • Lithiumwerks
  • Power Sonic
  • Shenzhen Bak Technology
  • MORE
The Global Lithium Iron Phosphate Batteries Market accounted for $7.90 billion in 2018 and is expected to reach $13.35 billion by 2027 growing at a CAGR of 6%. Increasing adoption of electric and hybrid electric vehicles and rising demand for energy storage applications are likely to boost the growth of the market. However, they require protection from being over charged and discharged too far is likely to hamper the profit boundaries.

Lithium Iron Phosphate (LiFePO4) is a Li-Iron rechargeable battery used for high power applications. Lithium iron phosphate batteries offer high efficiency and service life without the need to be fully charged. Some advantages offered by lithium iron phosphate batteries include wide operating temperature range, high cycling performance, low internal resistance, and high efficiency among others. Lithium iron phosphate batteries offer improved electrochemical performance with low resistance owing to nano-scale phosphate cathode material. These batteries offer advantages such high current rating and long cycle life, good thermal stability, enhanced safety and tolerance among others. Owing to their constant voltage and safe discharge, these batteries are used in cars, bicycles and solar devices.

Based on the application, battery segment is estimated to be the largest during the forecast period. The growth is attributed to the rising demand for renewable energy storage applications. It is the second-largest market in terms of demand for lithium iron phosphate batteries after automotive.

By geography, The Middle East & African market is projected to be the fastestogrowing market during the forecast period owing to rising investments in renewable energy grid infrastructure development.

Some of the key players in the Lithium Iron Phosphate Batteries market include BYD, Victron Energy, Victory Batteries Technology, Shenzhen Bak Technology, Relion, Power Sonic, Pihsiang Energy Technology, Optimumnano Energy, Lithiumwerks, Energy, Electric Vehicle Power System Technology, Contemporary Amperex Technology, Bharat Power Solution, Bestgo, Benergy and A123 Systems

Product Types Covered:
  • Lithium Cobalt Oxide
  • Lithium Nickel Manganese Cobalt
  • Lithium Manganese Oxide
  • Lithium Iron Phosphate
  • Other Product Types
Power Capacity's Covered:
  • 0 to 16,250 mAh
  • 16,251-50,000 mAh
  • 50,001-100,000 mAh
  • 100,001-540,000 mAh
  • Standalone Software
Components Covered:
  • Separators
  • Electrolytes
  • Cathode
  • Anode
  • Other Components
Types Covered:
  • Up to 3.2 V
  • Between 3.2V to 12 V
  • Between 12V to 19 V
  • Above 19V
Applications Covered:
  • Stationary
  • Portable
  • Polymer
  • Metallurgy
  • Medical
  • Lubricant
  • Glass & Ceramics
  • Energy Storage
  • Electric Vehicles
  • Battery
  • Aluminum Smelting & Alloy
  • Air Treatment
  • Other Applications
End Users Covered:
  • Power
  • Industrial
  • Healthcare
  • Consumer Electronics
  • Automotive
  • Other End Users
Regions Covered:

North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa
What the report offers:
  • Market share assessments for the regional and country level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

Purchasers of this report will be entitled to receive one of the following free customization options:

1. Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
2. Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
3. Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A123 Systems
  • Bestgo
  • BYD
  • Lithiumwerks
  • Power Sonic
  • Shenzhen Bak Technology
  • MORE
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Lithium Iron Phosphate Batteries Market, By Product Type
5.1 Introduction
5.2 Lithium Cobalt Oxide
5.3 Lithium Nickel Manganese Cobalt
5.4 Lithium Manganese Oxide
5.5 Lithium Iron Phosphate
5.6 Other Product Types

6 Global Lithium Iron Phosphate Batteries Market, By Power Capacity
6.1 Introduction
6.2 0 to 16,250 mAh
6.3 16,251-50,000 mAh
6.4 50,001-100,000 mAh
6.5 100,001-540,000 mAh

7 Global Lithium Iron Phosphate Batteries Market, By Component
7.1 Introduction
7.2 Separators
7.3 Electrolytes
7.4 Cathode
7.5 Anode
7.6 Other Components

8 Global Lithium Iron Phosphate Batteries Market, By Types
8.1 Introduction
8.2 Up to 3.2 V
8.3 Between 3.2V to 12 V
8.4 Between 12V to 19 V
8.5 Above 19V

9 Global Lithium Iron Phosphate Batteries Market, By Application
9.1 Introduction
9.2 Stationary
9.3 Portable
9.4 Polymer
9.5 Metallurgy
9.6 Medical
9.7 Lubricant
9.8 Glass & Ceramics
9.9 Energy Storage
9.10 Electric Vehicles
9.11 Battery
9.12 Aluminum Smelting & Alloy
9.13 Air Treatment
9.14 Other Applications

10 Global Lithium Iron Phosphate Batteries Market, By End User
10.1 Introduction
10.2 Power
10.3 Industrial
10.4 Healthcare
10.5 Consumer Electronics
10.6 Automotive
10.7 Other End Users

11 Global Lithium Iron Phosphate Batteries Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 BYD
13.2 Victron Energy
13.3 Victory Batteries Technology
13.4 Shenzhen Bak Technology
13.5 Relion
13.6 Power Sonic
13.7 Pihsiang Energy Technology
13.8 Optimumnano Energy
13.9 Lithiumwerks
13.10 Energy
13.11 Electric Vehicle Power System Technology
13.12 Contemporary Amperex Technology
13.13 Bharat Power Solution
13.14 Bestgo
13.15 Benergy
13.16 A123 Systems

List of Tables
Table 1 Global Lithium Iron Phosphate Batteries Market Outlook, By Region (2017-2027) ($MN)
Table 2 Global Lithium Iron Phosphate Batteries Market Outlook, By Product Type (2017-2027) ($MN)
Table 3 Global Lithium Iron Phosphate Batteries Market Outlook, By Lithium Cobalt Oxide (2017-2027) ($MN)
Table 4 Global Lithium Iron Phosphate Batteries Market Outlook, By Lithium Nickel Manganese Cobalt (2017-2027) ($MN)
Table 5 Global Lithium Iron Phosphate Batteries Market Outlook, By Lithium Manganese Oxide (2017-2027) ($MN)
Table 6 Global Lithium Iron Phosphate Batteries Market Outlook, By Lithium Iron Phosphate (2017-2027) ($MN)
Table 7 Global Lithium Iron Phosphate Batteries Market Outlook, By Other Product Types (2017-2027) ($MN)
Table 8 Global Lithium Iron Phosphate Batteries Market Outlook, By Power Capacity (2017-2027) ($MN)
Table 9 Global Lithium Iron Phosphate Batteries Market Outlook, By 0 to 16,250 mAh (2017-2027) ($MN)
Table 10 Global Lithium Iron Phosphate Batteries Market Outlook, By 16,251-50,000 mAh (2017-2027) ($MN)
Table 11 Global Lithium Iron Phosphate Batteries Market Outlook, By 50,001-100,000 mAh (2017-2027) ($MN)
Table 12 Global Lithium Iron Phosphate Batteries Market Outlook, By 100,001-540,000 mAh (2017-2027) ($MN)
Table 13 Global Lithium Iron Phosphate Batteries Market Outlook, By Component (2017-2027) ($MN)
Table 14 Global Lithium Iron Phosphate Batteries Market Outlook, By Separators (2017-2027) ($MN)
Table 15 Global Lithium Iron Phosphate Batteries Market Outlook, By Electrolytes (2017-2027) ($MN)
Table 16 Global Lithium Iron Phosphate Batteries Market Outlook, By Cathode (2017-2027) ($MN)
Table 17 Global Lithium Iron Phosphate Batteries Market Outlook, By Anode (2017-2027) ($MN)
Table 18 Global Lithium Iron Phosphate Batteries Market Outlook, By Other Components (2017-2027) ($MN)
Table 19 Global Lithium Iron Phosphate Batteries Market Outlook, By Types (2017-2027) ($MN)
Table 20 Global Lithium Iron Phosphate Batteries Market Outlook, By Up to 3.2 V (2017-2027) ($MN)
Table 21 Global Lithium Iron Phosphate Batteries Market Outlook, By Between 3.2V to 12 V (2017-2027) ($MN)
Table 22 Global Lithium Iron Phosphate Batteries Market Outlook, By Between 12V to 19 V (2017-2027) ($MN)
Table 23 Global Lithium Iron Phosphate Batteries Market Outlook, By Above 19V (2017-2027) ($MN)
Table 24 Global Lithium Iron Phosphate Batteries Market Outlook, By Application (2017-2027) ($MN)
Table 25 Global Lithium Iron Phosphate Batteries Market Outlook, By Stationary (2017-2027) ($MN)
Table 26 Global Lithium Iron Phosphate Batteries Market Outlook, By Portable (2017-2027) ($MN)
Table 27 Global Lithium Iron Phosphate Batteries Market Outlook, By Polymer (2017-2027) ($MN)
Table 28 Global Lithium Iron Phosphate Batteries Market Outlook, By Metallurgy (2017-2027) ($MN)
Table 29 Global Lithium Iron Phosphate Batteries Market Outlook, By Medical (2017-2027) ($MN)
Table 30 Global Lithium Iron Phosphate Batteries Market Outlook, By Lubricant (2017-2027) ($MN)
Table 31 Global Lithium Iron Phosphate Batteries Market Outlook, By Glass & Ceramics (2017-2027) ($MN)
Table 32 Global Lithium Iron Phosphate Batteries Market Outlook, By Energy Storage (2017-2027) ($MN)
Table 33 Global Lithium Iron Phosphate Batteries Market Outlook, By Electric Vehicles (2017-2027) ($MN)
Table 34 Global Lithium Iron Phosphate Batteries Market Outlook, By Battery (2017-2027) ($MN)
Table 35 Global Lithium Iron Phosphate Batteries Market Outlook, By Aluminum Smelting & Alloy (2017-2027) ($MN)
Table 36 Global Lithium Iron Phosphate Batteries Market Outlook, By Air Treatment (2017-2027) ($MN)
Table 37 Global Lithium Iron Phosphate Batteries Market Outlook, By Other Applications (2017-2027) ($MN)
Table 38 Global Lithium Iron Phosphate Batteries Market Outlook, By End User (2017-2027) ($MN)
Table 39 Global Lithium Iron Phosphate Batteries Market Outlook, By Power (2017-2027) ($MN)
Table 40 Global Lithium Iron Phosphate Batteries Market Outlook, By Industrial (2017-2027) ($MN)
Table 41 Global Lithium Iron Phosphate Batteries Market Outlook, By Healthcare (2017-2027) ($MN)
Table 42 Global Lithium Iron Phosphate Batteries Market Outlook, By Consumer Electronics (2017-2027) ($MN)
Table 43 Global Lithium Iron Phosphate Batteries Market Outlook, By Automotive (2017-2027) ($MN)
Table 44 Global Lithium Iron Phosphate Batteries Market Outlook, By Other End Users (2017-2027) ($MN)


Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Note: Product cover images may vary from those shown
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  • BYD
  • Victron Energy
  • Victory Batteries Technology
  • Shenzhen Bak Technology
  • Relion
  • Power Sonic
  • Pihsiang Energy Technology
  • Optimumnano Energy
  • Lithiumwerks
  • Energy
  • Electric Vehicle Power System Technology
  • Contemporary Amperex Technology
  • Bharat Power Solution
  • Bestgo
  • Benergy
  • A123 Systems
Note: Product cover images may vary from those shown
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