Market size in 2024 | US$ 567.8 million |
Forecast Market size by 2030 | US$ 1.18 billion |
---|---|---|---|
Growth Rate | CAGR of 13.0% | Number of Pages | 205 Pages |
The United States Cylindrical LiFePO4 Battery market size was valued at US$ 567.8 million in 2024 and is projected to reach US$ 1.18 billion by 2030, at a CAGR of 13.0% during the forecast period 2024-2030.
Cylindrical LiFePO4 (Lithium Iron Phosphate) Batteries are lithium-ion batteries using an iron phosphate-based cathode in a cylindrical format, known for their safety, long cycle life, and thermal stability.
The US Cylindrical LiFePO4 Battery market is experiencing strong growth, driven by increasing adoption in energy storage, electric vehicles, and industrial applications. In 2023, total production capacity reached 5 GWh, with stationary energy storage applications accounting for 50% of market value. The market saw a 35% increase in demand for high-capacity cylindrical LiFePO4 cells in 2023, particularly for use in residential and commercial energy storage systems. Use in electric forklifts and material handling equipment is growing at 40% annually. The market is witnessing a trend towards larger format cells, with a 45% year-over-year increase in production of 32650 and 42120 LiFePO4 cells. Adoption in recreational vehicles and marine applications grew by 30% in 2023. Key manufacturers are focusing on developing cylindrical LiFePO4 batteries with improved energy density, with a 25% increase in R&D investments for advanced cathode materials and cell designs. The industry is also seeing increased interest in LiFePO4 as a replacement for lead-acid batteries in UPS systems and telecom backup power, with a 50% rise in sales for these applications.
This report contains market size and forecasts of Cylindrical LiFePO4 Battery in United States, including the following market information:
• United States Cylindrical LiFePO4 Battery Market Revenue, 2019-2024, 2024-2030, ($ millions)
• United States Cylindrical LiFePO4 Battery Market Sales, 2019-2024, 2024-2030,
• United States Top five Cylindrical LiFePO4 Battery companies in 2023 (%)
Report Includes
This report presents an overview of United States market for Cylindrical LiFePO4 Battery , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Cylindrical LiFePO4 Battery sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Cylindrical LiFePO4 Battery market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
• 14430
• 14650
• 17500
• 18650
• 18490
• 22650
• 26650
• 32650
• Power Banks
• Laptop Battery Packs
• Electric Vehicles
• Flashlights
• Cordless Power Tools
• Others
Key Companies covered in this report:
• A123 Systems, LLC
• K2 Energy Solutions
• RELiON Battery
• Bioenno Power
• Lithion Battery Inc.
• Power-Sonic Corporation
• Battle Born Batteries
• EnerSys
• Electrochem
Report Attributes | Report Details |
---|---|
Report Title | United States Cylindrical LiFePO4 Battery Market Research Report 2024-2030 |
Market size in 2024 | US$ 567.8 million |
Forecast Market size by 2030 | US$ 1.18 billion |
Growth Rate | CAGR of 13.0% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Cylindrical LiFePO4 Battery Product Introduction
1.2.1 United Statesn Cylindrical LiFePO4 Battery Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 14430
1.2.3 14650
1.2.4 17500
1.2.5 18650
1.2.6 18490
1.2.7 22650
1.2.8 26650
1.2.9 32650
1.3.1 United States Cylindrical LiFePO4 Battery Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Power Banks
1.3.3 Laptop Battery Packs
1.3.4 Electric Vehicles
1.3.5 Flashlights
1.3.6 Cordless Power Tools
1.3.7 Others
1.4 United States Cylindrical LiFePO4 Battery Sales Estimates and Forecasts 2019-2030
1.5 United States Cylindrical LiFePO4 Battery Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 United States Cylindrical LiFePO4 Battery Sales by Manufacturers
2.1.1 United States Cylindrical LiFePO4 Battery Sales by Manufacturers (2019-2024)
2.1.2 United States Cylindrical LiFePO4 Battery Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Cylindrical LiFePO4 Battery in 2023 in United States
2.2 United States Cylindrical LiFePO4 Battery Revenue by Manufacturers
2.2.1 United States Cylindrical LiFePO4 Battery Revenue by Manufacturers (2019-2024)
2.2.2 United States Cylindrical LiFePO4 Battery Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Cylindrical LiFePO4 Battery Revenue in 2023
2.3 United States Cylindrical LiFePO4 Battery Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 United States Cylindrical LiFePO4 Battery by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Cylindrical LiFePO4 Battery Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Cylindrical LiFePO4 Battery Market Size by Region: 2019-2030
3.1.1 United States Cylindrical LiFePO4 Battery Sales by Region: 2019-2024
3.1.2 United States Cylindrical LiFePO4 Battery Sales Forecast by Region (2025-2030)
3.1.3 United States Cylindrical LiFePO4 Battery Revenue by Region: 2019-2024
3.1.4 United States Cylindrical LiFePO4 Battery Revenue Forecast by Region (2025-2030)
4.1 United States Cylindrical LiFePO4 Battery Sales by Type
4.1.1 United States Cylindrical LiFePO4 Battery Historical Sales by Type (2019-2024)
4.1.2 United States Cylindrical LiFePO4 Battery Forecasted Sales by Type (2025-2030)
4.1.3 United States Cylindrical LiFePO4 Battery Sales Market Share by Type (2019-2030)
4.2 United States Cylindrical LiFePO4 Battery Revenue by Type
4.2.1 United States Cylindrical LiFePO4 Battery Historical Revenue by Type (2019-2024)
4.2.2 United States Cylindrical LiFePO4 Battery Forecasted Revenue by Type (2025-2030)
4.2.3 United States Cylindrical LiFePO4 Battery Revenue Market Share by Type (2019-2030)
4.3 United States Cylindrical LiFePO4 Battery Price by Type
4.3.1 United States Cylindrical LiFePO4 Battery Price by Type (2019-2024)
4.3.2 United States Cylindrical LiFePO4 Battery Price Forecast by Type (2025-2030)
5.1 United States Cylindrical LiFePO4 Battery Sales by Application
5.1.1 United States Cylindrical LiFePO4 Battery Historical Sales by Application (2019-2024)
5.1.2 United States Cylindrical LiFePO4 Battery Forecasted Sales by Application (2025-2030)
5.1.3 United States Cylindrical LiFePO4 Battery Sales Market Share by Application (2019-2030)
5.2 United States Cylindrical LiFePO4 Battery Revenue by Application
5.2.1 United States Cylindrical LiFePO4 Battery Historical Revenue by Application (2019-2024)
5.2.2 United States Cylindrical LiFePO4 Battery Forecasted Revenue by Application (2025-2030)
5.2.3 United States Cylindrical LiFePO4 Battery Revenue Market Share by Application (2019-2030)
5.3 United States Cylindrical LiFePO4 Battery Price by Application
5.3.1 United States Cylindrical LiFePO4 Battery Price by Application (2019-2024)
5.3.2 United States Cylindrical LiFePO4 Battery Price Forecast by Application (2025-2030)
6.1 A123 Systems, LLC
6.1.1 A123 Systems, LLC Corporation Information
6.1.2 A123 Systems, LLC Overview
6.1.3 A123 Systems, LLC in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 A123 Systems, LLC Cylindrical LiFePO4 Battery Product Introduction
6.1.5 A123 Systems, LLC Recent Developments
6.2 K2 Energy Solutions
6.2.1 K2 Energy Solutions Corporation Information
6.2.2 K2 Energy Solutions Overview
6.2.3 K2 Energy Solutions in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 K2 Energy Solutions Cylindrical LiFePO4 Battery Product Introduction
6.2.5 K2 Energy Solutions Recent Developments
6.3 RELiON Battery
6.3.1 RELiON Battery Corporation Information
6.3.2 RELiON Battery Overview
6.3.3 RELiON Battery in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 RELiON Battery Cylindrical LiFePO4 Battery Product Introduction
6.3.5 RELiON Battery Recent Developments
6.4 Bioenno Power
6.4.1 Bioenno Power Corporation Information
6.4.2 Bioenno Power Overview
6.4.3 Bioenno Power in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Bioenno Power Cylindrical LiFePO4 Battery Product Introduction
6.4.5 Bioenno Power Recent Developments
6.5 Lithion Battery Inc.
6.5.1 Lithion Battery Inc. Corporation Information
6.5.2 Lithion Battery Inc. Overview
6.5.3 Lithion Battery Inc. in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 Lithion Battery Inc. Cylindrical LiFePO4 Battery Product Introduction
6.5.5 Lithion Battery Inc. Recent Developments
6.6 Power-Sonic Corporation
6.6.1 Power-Sonic Corporation Corporation Information
6.6.2 Power-Sonic Corporation Overview
6.6.3 Power-Sonic Corporation in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Power-Sonic Corporation Cylindrical LiFePO4 Battery Product Introduction
6.6.5 Power-Sonic Corporation Recent Developments
6.7 Battle Born Batteries
6.7.1 Battle Born Batteries Corporation Information
6.7.2 Battle Born Batteries Overview
6.7.3 Battle Born Batteries in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Battle Born Batteries Cylindrical LiFePO4 Battery Product Introduction
6.7.5 Battle Born Batteries Recent Developments
6.8 EnerSys
6.8.1 EnerSys Corporation Information
6.8.2 EnerSys Overview
6.8.3 EnerSys in United States: Cylindrical LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 EnerSys Cylindrical LiFePO4 Battery Product Introduction
6.8.5 EnerSys Recent Developments
6.9 Electrochem
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