Lithium Iron Phosphate Battery Market 2019-2025 , Global Industry Forecast - PowerPoint PPT Presentation

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Title: Lithium Iron Phosphate Battery Market 2019-2025 , Global Industry Forecast


1
Global Lithium Iron Phosphate Battery Market
  • Size 2018 by Manufacturing Process (High
    Temperature Solid Phase Synthesis, Sol-Gel
    Method, Co-precipitation Method, and Others), by
    Application (Automotive, Consumer Electronics and
    Others) Region and Forecast 2019 to 2025

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2
Lithium Iron Phosphate Battery Market 2019-2025 ,
Global Industry Forecast
  • The global lithium iron phosphate battery market
    is growing at an optimistic rate of above 20.0
    to reach USD 24.31 Bn by 2025. The market is
    majorly driven by the energy storage applications
    such as smartphones and electric vehicles.
    Smartphones lead the market in terms of unit
    uptake however, electric vehicles segment is
    anticipated to show prolific results in terms of
    revenue over the foreseeable future.
  • The research report on global lithium iron
    phosphate battery market includes the historic,
    current and future status of various
    manufacturing process and applications about this
    product. This report also covers various aspects
    such as drivers, challenges, value chain
    analysis, porters five forces analysis.
    Furthermore, cost analysis of lithium iron
    phosphate which comprise key raw material, price
    trend, key suppliers, manufacturing cost
    structure, manufacturing process, and industrial
    chain analysis are also presented in the report.
  • Electric vehicles are witnessing increasing
    adoption of lithium-ion phosphate batteries.
    Growing demand for electric vehicles has driven
    the uptake of lithium-ion batteries. According to
    Bloomberg New Energy Finance Report, electric
    vehicles will become cheaper than traditional
    cars powered by internal combustion engines,
    which will lead to the increase in the demand of
    electric vehicles to 41 million by 2040, thereby
    driving the lithium-ion battery market. Bloomberg
    also forecasts that lithium-ion battery demand
    from electric vehicles will grow from 21GWh in
    2016 to 1,300GWh in 2030. Indias electric
    vehicles market is anticipating to hit a sales
    mark of nearly 100 by the end of 2030.
    Increasing shopper awareness coupled with falling
    battery cost is anticipated to drive adoption of
    electric vehicles in India.
  • The global market is characterized by the
    presence of a large number of raw material
    suppliers. The raw materials required for
    manufacturing lithium-ion phosphate battery are
    lithium and carbon. Buyers are able to
    conveniently switch to other supplier owing to
    the presence of suppliers. Thus, the bargaining
    power of suppliers is high in the industry.

3
Lithium Iron Phosphate Battery Market 2019-2025 ,
Global Industry Forecast
  • In terms of region distribution, Asia Pacific
    dominated the global lithium iron phosphate
    market and is expected to surpass a CAGR of 40
    during 2019 to 2025. Europe is anticipated to be
    the third fastest growing market with a CAGR of
    nearly 22.0 throughout the forecast period.
  • Global Lithium Iron Phosphate Industry to Attract
    Energy Storage Sector in 2020
  • Lithium iron phosphate offers a life cycle of 20
    times longer than a lead acid battery. Hence,
    this minimizes the cost of replacement and
    eventually diminishes the total ownership cost.
  • Application of lithium iron phosphate battery in
    consumer electronics accounted for dominating
    market revenue and volume share of more than 40
    in the year 2018 and is expected to show similar
    trend over the forecast period
  • Lithium iron phosphate cells are superior to
    lithium cobalt oxide for use in electric vehicles
    and are commended for upcoming models
  • Some of the leading players of the market include
    Valence Technology, AESC, Aleees, Tianjin
    BM,Tianjin STL Energy, BTR, RELiON Battery.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/lithium-iron-phosphate-battery-market

4
Key segments of the global lithium iron phosphate
battery market
  • Manufacturing Process Overview, 2015-2025 (MWh)
    (USD Million)
  • High Temperature Solid Phase Synthesis
  • Sol-Gel Method
  • Co-precipitation Method
  • Others
  • Application Overview, 2015-2025 (MWh) (USD
    Million)
  • Automotive
  • Consumer Electronics
  • Others

5
Key segments of the global lithium iron phosphate
battery market
  • Regional Overview, 2013-2025 (USD Billion)West
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa
  • Purchase a single user copy of the global lithium
    iron phosphate battery market report_at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/849

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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