Report overview
With the rise of the energy storage market, in recent years, some power battery companies have deployed energy storage business in order to open up new application markets for lithium iron phosphate batteries. On the one hand, due to its long life, safe use, large capacity, and environmental protection, lithium iron phosphate can be transferred to the energy storage field, which will extend the value chain and promote the establishment of new business models. On the other hand, the energy storage system supporting lithium iron phosphate batteries has become the mainstream choice in the market. According to reports, lithium iron phosphate batteries have been tried for frequency modulation on electric buses, electric trucks, users and grids.
This report contains market size and forecasts of Fixed Lithium Iron Phosphate Battery in global, including the following market information:
Global Fixed Lithium Iron Phosphate Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Fixed Lithium Iron Phosphate Battery Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Fixed Lithium Iron Phosphate Battery companies in 2021 (%)
The global Fixed Lithium Iron Phosphate Battery market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
0?16,250 mAh Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Fixed Lithium Iron Phosphate Battery include BYD, A123 Systems, K2 Energy, Electric Vehicle Power System Technology, OptimumNano Energy and Contemporary Amperex Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Fixed Lithium Iron Phosphate 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 Fixed Lithium Iron Phosphate Battery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Fixed Lithium Iron Phosphate Battery Market Segment Percentages, by Type, 2021 (%)
0?16,250 mAh
16,251?50,000 mAh
50,001?100,000 mAh
100,001?540,000 mAh
Global Fixed Lithium Iron Phosphate Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Fixed Lithium Iron Phosphate Battery Market Segment Percentages, by Application, 2021 (%)
Automotive
Power
Industrial
Others
Global Fixed Lithium Iron Phosphate Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Fixed Lithium Iron Phosphate 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 Fixed Lithium Iron Phosphate Battery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Fixed Lithium Iron Phosphate Battery revenues share in global market, 2021 (%)
Key companies Fixed Lithium Iron Phosphate Battery sales in global market, 2017-2022 (Estimated), (MW)
Key companies Fixed Lithium Iron Phosphate Battery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BYD
A123 Systems
K2 Energy
Electric Vehicle Power System Technology
OptimumNano Energy
Contemporary Amperex Technology