Market size in 2024 | US$ 687.3 million |
Forecast Market size by 2030 | US$ 1.52 billion |
---|---|---|---|
Growth Rate | CAGR of 14.1% | Number of Pages | 205 Pages |
The United States Prismatic LiFePO4 Battery market size was valued at US$ 687.3 million in 2024 and is projected to reach US$ 1.52 billion by 2030, at a CAGR of 14.1% during the forecast period 2024-2030.
Prismatic LiFePO4 (Lithium Iron Phosphate) Batteries are lithium-ion batteries using an iron phosphate-based cathode in a rectangular prismatic format, known for their safety, long cycle life, and thermal stability.
The US Prismatic LiFePO4 Battery market is growing rapidly, driven by increasing adoption in energy storage systems, electric buses, and industrial applications. In 2023, total production capacity reached 8 GWh, with stationary energy storage applications accounting for 55% of market value. The market saw a 40% increase in demand for high-capacity prismatic LiFePO4 cells in 2023, particularly for use in residential and commercial energy storage systems. Use in electric buses and commercial vehicles is growing at 45% annually. The market is witnessing a trend towards higher energy density formulations, with a 25% year-over-year increase in the average capacity of prismatic LiFePO4 cells. Adoption in industrial UPS systems grew by 30% in 2023. Key manufacturers are focusing on developing prismatic LiFePO4 batteries with enhanced fast-charging capabilities, with a 50% increase in product launches supporting 2C+ charge rates. The industry is also seeing increased interest in LiFePO4 as a safer alternative for marine and recreational vehicle applications, with a 35% rise in sales for these sectors.
This report contains market size and forecasts of Prismatic LiFePO4 Battery in United States, including the following market information:
• United States Prismatic LiFePO4 Battery Market Revenue, 2019-2024, 2024-2030, ($ millions)
• United States Prismatic LiFePO4 Battery Market Sales, 2019-2024, 2024-2030,
• United States Top five Prismatic LiFePO4 Battery companies in 2023 (%)
Report Includes
This report presents an overview of United States market for Prismatic 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 Prismatic 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 Prismatic 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
• BYD Company Ltd.
• Johnson Controls
• C&D Technologies
• East Penn Manufacturing Co.
• EnerSys
• Lithium Werks
• Saft Groupe SA
• Valence Technology, Inc.
• SimpliPhi Power
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Prismatic LiFePO4 Battery revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
• Key companies Prismatic LiFePO4 Battery revenues share in United Statesn market, 2023 (%)
• Key companies Prismatic LiFePO4 Battery sales in United Statesn market, 2019-2024 (Estimated),
• Key companies Prismatic LiFePO4 Battery sales share in United Statesn market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Prismatic LiFePO4 Battery Market
• Overview of the regional outlook of the Prismatic LiFePO4 Battery Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Prismatic LiFePO4 Battery Market
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• Japan Prismatic LiFePO4 Battery Market
• Germany Prismatic LiFePO4 Battery Market
• South Korea Prismatic LiFePO4 Battery Market
• Indonesia Prismatic LiFePO4 Battery Market
• Brazil Prismatic LiFePO4 Battery Market
Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.
Report Attributes | Report Details |
---|---|
Report Title | United States Prismatic LiFePO4 Battery Market Research Report 2024-2030 |
Market size in 2024 | US$ 687.3 million |
Forecast Market size by 2030 | US$ 1.52 billion |
Growth Rate | CAGR of 14.1% |
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 Prismatic LiFePO4 Battery Product Introduction
1.2.1 United Statesn Prismatic 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 Prismatic 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 Prismatic LiFePO4 Battery Sales Estimates and Forecasts 2019-2030
1.5 United States Prismatic LiFePO4 Battery Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 United States Prismatic LiFePO4 Battery Sales by Manufacturers
2.1.1 United States Prismatic LiFePO4 Battery Sales by Manufacturers (2019-2024)
2.1.2 United States Prismatic LiFePO4 Battery Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Prismatic LiFePO4 Battery in 2023 in United States
2.2 United States Prismatic LiFePO4 Battery Revenue by Manufacturers
2.2.1 United States Prismatic LiFePO4 Battery Revenue by Manufacturers (2019-2024)
2.2.2 United States Prismatic LiFePO4 Battery Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Prismatic LiFePO4 Battery Revenue in 2023
2.3 United States Prismatic 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 Prismatic LiFePO4 Battery by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Prismatic LiFePO4 Battery Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Prismatic LiFePO4 Battery Market Size by Region: 2019-2030
3.1.1 United States Prismatic LiFePO4 Battery Sales by Region: 2019-2024
3.1.2 United States Prismatic LiFePO4 Battery Sales Forecast by Region (2025-2030)
3.1.3 United States Prismatic LiFePO4 Battery Revenue by Region: 2019-2024
3.1.4 United States Prismatic LiFePO4 Battery Revenue Forecast by Region (2025-2030)
4.1 United States Prismatic LiFePO4 Battery Sales by Type
4.1.1 United States Prismatic LiFePO4 Battery Historical Sales by Type (2019-2024)
4.1.2 United States Prismatic LiFePO4 Battery Forecasted Sales by Type (2025-2030)
4.1.3 United States Prismatic LiFePO4 Battery Sales Market Share by Type (2019-2030)
4.2 United States Prismatic LiFePO4 Battery Revenue by Type
4.2.1 United States Prismatic LiFePO4 Battery Historical Revenue by Type (2019-2024)
4.2.2 United States Prismatic LiFePO4 Battery Forecasted Revenue by Type (2025-2030)
4.2.3 United States Prismatic LiFePO4 Battery Revenue Market Share by Type (2019-2030)
4.3 United States Prismatic LiFePO4 Battery Price by Type
4.3.1 United States Prismatic LiFePO4 Battery Price by Type (2019-2024)
4.3.2 United States Prismatic LiFePO4 Battery Price Forecast by Type (2025-2030)
5.1 United States Prismatic LiFePO4 Battery Sales by Application
5.1.1 United States Prismatic LiFePO4 Battery Historical Sales by Application (2019-2024)
5.1.2 United States Prismatic LiFePO4 Battery Forecasted Sales by Application (2025-2030)
5.1.3 United States Prismatic LiFePO4 Battery Sales Market Share by Application (2019-2030)
5.2 United States Prismatic LiFePO4 Battery Revenue by Application
5.2.1 United States Prismatic LiFePO4 Battery Historical Revenue by Application (2019-2024)
5.2.2 United States Prismatic LiFePO4 Battery Forecasted Revenue by Application (2025-2030)
5.2.3 United States Prismatic LiFePO4 Battery Revenue Market Share by Application (2019-2030)
5.3 United States Prismatic LiFePO4 Battery Price by Application
5.3.1 United States Prismatic LiFePO4 Battery Price by Application (2019-2024)
5.3.2 United States Prismatic 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: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 A123 Systems LLC Prismatic LiFePO4 Battery Product Introduction
6.1.5 A123 Systems LLC Recent Developments
6.2 BYD Company Ltd.
6.2.1 BYD Company Ltd. Corporation Information
6.2.2 BYD Company Ltd. Overview
6.2.3 BYD Company Ltd. in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 BYD Company Ltd. Prismatic LiFePO4 Battery Product Introduction
6.2.5 BYD Company Ltd. Recent Developments
6.3 Johnson Controls
6.3.1 Johnson Controls Corporation Information
6.3.2 Johnson Controls Overview
6.3.3 Johnson Controls in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Johnson Controls Prismatic LiFePO4 Battery Product Introduction
6.3.5 Johnson Controls Recent Developments
6.4 C&D Technologies
6.4.1 C&D Technologies Corporation Information
6.4.2 C&D Technologies Overview
6.4.3 C&D Technologies in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 C&D Technologies Prismatic LiFePO4 Battery Product Introduction
6.4.5 C&D Technologies Recent Developments
6.5 East Penn Manufacturing Co.
6.5.1 East Penn Manufacturing Co. Corporation Information
6.5.2 East Penn Manufacturing Co. Overview
6.5.3 East Penn Manufacturing Co. in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 East Penn Manufacturing Co. Prismatic LiFePO4 Battery Product Introduction
6.5.5 East Penn Manufacturing Co. Recent Developments
6.6 EnerSys
6.6.1 EnerSys Corporation Information
6.6.2 EnerSys Overview
6.6.3 EnerSys in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 EnerSys Prismatic LiFePO4 Battery Product Introduction
6.6.5 EnerSys Recent Developments
6.7 Lithium Werks
6.7.1 Lithium Werks Corporation Information
6.7.2 Lithium Werks Overview
6.7.3 Lithium Werks in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Lithium Werks Prismatic LiFePO4 Battery Product Introduction
6.7.5 Lithium Werks Recent Developments
6.8 Saft Groupe SA
6.8.1 Saft Groupe SA Corporation Information
6.8.2 Saft Groupe SA Overview
6.8.3 Saft Groupe SA in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Saft Groupe SA Prismatic LiFePO4 Battery Product Introduction
6.8.5 Saft Groupe SA Recent Developments
6.9 Valence Technology, Inc.
6.9.1 Valence Technology, Inc. Corporation Information
6.9.2 Valence Technology, Inc. Overview
6.9.3 Valence Technology, Inc. in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Valence Technology, Inc. Prismatic LiFePO4 Battery Product Introduction
6.9.5 Valence Technology, Inc. Recent Developments
6.10 SimpliPhi Power
6.10.1 SimpliPhi Power Corporation Information
6.10.2 SimpliPhi Power Overview
6.10.3 SimpliPhi Power in United States: Prismatic LiFePO4 Battery Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 SimpliPhi Power Prismatic LiFePO4 Battery Product Introduction
6.10.5 SimpliPhi Power Recent Developments
7.1 Prismatic LiFePO4 Battery Industry Chain Analysis
7.2 Prismatic LiFePO4 Battery Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Prismatic LiFePO4 Battery Production Mode & Process
7.4 Prismatic LiFePO4 Battery Sales and Marketing
7.4.1 Prismatic LiFePO4 Battery Sales Channels
7.4.2 Prismatic LiFePO4 Battery Distributors
7.5 Prismatic LiFePO4 Battery Customers
8.1.1 Prismatic LiFePO4 Battery Industry Trends
8.1.2 Prismatic LiFePO4 Battery Market Drivers
8.1.3 Prismatic LiFePO4 Battery Market Challenges
8.1.4 Prismatic LiFePO4 Battery Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Frequently Asked Questions ?