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LiFePO4 Batteries-Global Market Insights and Sales Trends 2025

LiFePO4 Batteries-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1865992

No of Pages : 123

Synopsis
The global LiFePO4 Batteries market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LiFePO4 Batteries in various end use industries. The expanding demands from the Power Industry, Industrial Use and Others,, are propelling LiFePO4 Batteries market. 0–16,250 Mah, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 16,251–50,000 Mah segment is estimated at % CAGR for the next seven-year period.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LiFePO4 Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LiFePO4 Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LiFePO4 Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LiFePO4 Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LiFePO4 Batteries covered in this report include BYD, Electric Vehicle Power System Technology, K2 Energy, Relion, A123 Systems, Pihsiang Energy Technology, Lithium Werks, Optimumnano Energy and Power Sonic, etc.
The global LiFePO4 Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BYD
Electric Vehicle Power System Technology
K2 Energy
Relion
A123 Systems
Pihsiang Energy Technology
Lithium Werks
Optimumnano Energy
Power Sonic
Contemporary Amperex Technology
Benergy Technology Company
Victron Energy
Taico
Shenzhen Kayo Battery Company
Shenzhen Bak Technology
Shenzhen Eastar Battery
Greensun Solar Energy
Bharat Power Solution
Bestgo Battery
Dongguan Victory Battery Technology
Annexure
Global LiFePO4 Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LiFePO4 Batteries market, Segment by Type:
0–16,250 Mah
16,251–50,000 Mah
50,001–100,000 Mah
100,001–540,000 Mah
Global LiFePO4 Batteries market, by Application
Power Industry
Industrial Use
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LiFePO4 Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LiFePO4 Batteries in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 LiFePO4 Batteries Market Overview
1.1 LiFePO4 Batteries Product Overview
1.2 LiFePO4 Batteries Market Segment by Type
1.2.1 0–16,250 Mah
1.2.2 16,251–50,000 Mah
1.2.3 50,001–100,000 Mah
1.2.4 100,001–540,000 Mah
1.3 Global LiFePO4 Batteries Market Size by Type
1.3.1 Global LiFePO4 Batteries Market Size Overview by Type (2018-2029)
1.3.2 Global LiFePO4 Batteries Historic Market Size Review by Type (2018-2023)
1.3.3 Global LiFePO4 Batteries Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LiFePO4 Batteries Sales Breakdown by Type (2018-2023)
1.4.2 Europe LiFePO4 Batteries Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LiFePO4 Batteries Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LiFePO4 Batteries Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LiFePO4 Batteries Sales Breakdown by Type (2018-2023)
2 Global LiFePO4 Batteries Market Competition by Company
2.1 Global Top Players by LiFePO4 Batteries Sales (2018-2023)
2.2 Global Top Players by LiFePO4 Batteries Revenue (2018-2023)
2.3 Global Top Players by LiFePO4 Batteries Price (2018-2023)
2.4 Global Top Manufacturers LiFePO4 Batteries Manufacturing Base Distribution, Sales Area, Product Type
2.5 LiFePO4 Batteries Market Competitive Situation and Trends
2.5.1 LiFePO4 Batteries Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LiFePO4 Batteries Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LiFePO4 Batteries as of 2022)
2.7 Date of Key Manufacturers Enter into LiFePO4 Batteries Market
2.8 Key Manufacturers LiFePO4 Batteries Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LiFePO4 Batteries Status and Outlook by Region
3.1 Global LiFePO4 Batteries Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LiFePO4 Batteries Historic Market Size by Region
3.2.1 Global LiFePO4 Batteries Sales in Volume by Region (2018-2023)
3.2.2 Global LiFePO4 Batteries Sales in Value by Region (2018-2023)
3.2.3 Global LiFePO4 Batteries Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LiFePO4 Batteries Forecasted Market Size by Region
3.3.1 Global LiFePO4 Batteries Sales in Volume by Region (2024-2029)
3.3.2 Global LiFePO4 Batteries Sales in Value by Region (2024-2029)
3.3.3 Global LiFePO4 Batteries Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LiFePO4 Batteries by Application
4.1 LiFePO4 Batteries Market Segment by Application
4.1.1 Power Industry
4.1.2 Industrial Use
4.1.3 Others
4.2 Global LiFePO4 Batteries Market Size by Application
4.2.1 Global LiFePO4 Batteries Market Size Overview by Application (2018-2029)
4.2.2 Global LiFePO4 Batteries Historic Market Size Review by Application (2018-2023)
4.2.3 Global LiFePO4 Batteries Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LiFePO4 Batteries Sales Breakdown by Application (2018-2023)
4.3.2 Europe LiFePO4 Batteries Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LiFePO4 Batteries Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LiFePO4 Batteries Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LiFePO4 Batteries Sales Breakdown by Application (2018-2023)
5 North America LiFePO4 Batteries by Country
5.1 North America LiFePO4 Batteries Historic Market Size by Country
5.1.1 North America LiFePO4 Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LiFePO4 Batteries Sales in Volume by Country (2018-2023)
5.1.3 North America LiFePO4 Batteries Sales in Value by Country (2018-2023)
5.2 North America LiFePO4 Batteries Forecasted Market Size by Country
5.2.1 North America LiFePO4 Batteries Sales in Volume by Country (2024-2029)
5.2.2 North America LiFePO4 Batteries Sales in Value by Country (2024-2029)
6 Europe LiFePO4 Batteries by Country
6.1 Europe LiFePO4 Batteries Historic Market Size by Country
6.1.1 Europe LiFePO4 Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LiFePO4 Batteries Sales in Volume by Country (2018-2023)
6.1.3 Europe LiFePO4 Batteries Sales in Value by Country (2018-2023)
6.2 Europe LiFePO4 Batteries Forecasted Market Size by Country
6.2.1 Europe LiFePO4 Batteries Sales in Volume by Country (2024-2029)
6.2.2 Europe LiFePO4 Batteries Sales in Value by Country (2024-2029)
7 Asia-Pacific LiFePO4 Batteries by Region
7.1 Asia-Pacific LiFePO4 Batteries Historic Market Size by Region
7.1.1 Asia-Pacific LiFePO4 Batteries Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LiFePO4 Batteries Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LiFePO4 Batteries Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LiFePO4 Batteries Forecasted Market Size by Region
7.2.1 Asia-Pacific LiFePO4 Batteries Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LiFePO4 Batteries Sales in Value by Region (2024-2029)
8 Latin America LiFePO4 Batteries by Country
8.1 Latin America LiFePO4 Batteries Historic Market Size by Country
8.1.1 Latin America LiFePO4 Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LiFePO4 Batteries Sales in Volume by Country (2018-2023)
8.1.3 Latin America LiFePO4 Batteries Sales in Value by Country (2018-2023)
8.2 Latin America LiFePO4 Batteries Forecasted Market Size by Country
8.2.1 Latin America LiFePO4 Batteries Sales in Volume by Country (2024-2029)
8.2.2 Latin America LiFePO4 Batteries Sales in Value by Country (2024-2029)
9 Middle East and Africa LiFePO4 Batteries by Country
9.1 Middle East and Africa LiFePO4 Batteries Historic Market Size by Country
9.1.1 Middle East and Africa LiFePO4 Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LiFePO4 Batteries Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LiFePO4 Batteries Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LiFePO4 Batteries Forecasted Market Size by Country
9.2.1 Middle East and Africa LiFePO4 Batteries Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LiFePO4 Batteries Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BYD
10.1.1 BYD Company Information
10.1.2 BYD Introduction and Business Overview
10.1.3 BYD LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BYD LiFePO4 Batteries Products Offered
10.1.5 BYD Recent Development
10.2 Electric Vehicle Power System Technology
10.2.1 Electric Vehicle Power System Technology Company Information
10.2.2 Electric Vehicle Power System Technology Introduction and Business Overview
10.2.3 Electric Vehicle Power System Technology LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Electric Vehicle Power System Technology LiFePO4 Batteries Products Offered
10.2.5 Electric Vehicle Power System Technology Recent Development
10.3 K2 Energy
10.3.1 K2 Energy Company Information
10.3.2 K2 Energy Introduction and Business Overview
10.3.3 K2 Energy LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.3.4 K2 Energy LiFePO4 Batteries Products Offered
10.3.5 K2 Energy Recent Development
10.4 Relion
10.4.1 Relion Company Information
10.4.2 Relion Introduction and Business Overview
10.4.3 Relion LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Relion LiFePO4 Batteries Products Offered
10.4.5 Relion Recent Development
10.5 A123 Systems
10.5.1 A123 Systems Company Information
10.5.2 A123 Systems Introduction and Business Overview
10.5.3 A123 Systems LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.5.4 A123 Systems LiFePO4 Batteries Products Offered
10.5.5 A123 Systems Recent Development
10.6 Pihsiang Energy Technology
10.6.1 Pihsiang Energy Technology Company Information
10.6.2 Pihsiang Energy Technology Introduction and Business Overview
10.6.3 Pihsiang Energy Technology LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Pihsiang Energy Technology LiFePO4 Batteries Products Offered
10.6.5 Pihsiang Energy Technology Recent Development
10.7 Lithium Werks
10.7.1 Lithium Werks Company Information
10.7.2 Lithium Werks Introduction and Business Overview
10.7.3 Lithium Werks LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lithium Werks LiFePO4 Batteries Products Offered
10.7.5 Lithium Werks Recent Development
10.8 Optimumnano Energy
10.8.1 Optimumnano Energy Company Information
10.8.2 Optimumnano Energy Introduction and Business Overview
10.8.3 Optimumnano Energy LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Optimumnano Energy LiFePO4 Batteries Products Offered
10.8.5 Optimumnano Energy Recent Development
10.9 Power Sonic
10.9.1 Power Sonic Company Information
10.9.2 Power Sonic Introduction and Business Overview
10.9.3 Power Sonic LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Power Sonic LiFePO4 Batteries Products Offered
10.9.5 Power Sonic Recent Development
10.10 Contemporary Amperex Technology
10.10.1 Contemporary Amperex Technology Company Information
10.10.2 Contemporary Amperex Technology Introduction and Business Overview
10.10.3 Contemporary Amperex Technology LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Contemporary Amperex Technology LiFePO4 Batteries Products Offered
10.10.5 Contemporary Amperex Technology Recent Development
10.11 Benergy Technology Company
10.11.1 Benergy Technology Company Company Information
10.11.2 Benergy Technology Company Introduction and Business Overview
10.11.3 Benergy Technology Company LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Benergy Technology Company LiFePO4 Batteries Products Offered
10.11.5 Benergy Technology Company Recent Development
10.12 Victron Energy
10.12.1 Victron Energy Company Information
10.12.2 Victron Energy Introduction and Business Overview
10.12.3 Victron Energy LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Victron Energy LiFePO4 Batteries Products Offered
10.12.5 Victron Energy Recent Development
10.13 Taico
10.13.1 Taico Company Information
10.13.2 Taico Introduction and Business Overview
10.13.3 Taico LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Taico LiFePO4 Batteries Products Offered
10.13.5 Taico Recent Development
10.14 Shenzhen Kayo Battery Company
10.14.1 Shenzhen Kayo Battery Company Company Information
10.14.2 Shenzhen Kayo Battery Company Introduction and Business Overview
10.14.3 Shenzhen Kayo Battery Company LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Shenzhen Kayo Battery Company LiFePO4 Batteries Products Offered
10.14.5 Shenzhen Kayo Battery Company Recent Development
10.15 Shenzhen Bak Technology
10.15.1 Shenzhen Bak Technology Company Information
10.15.2 Shenzhen Bak Technology Introduction and Business Overview
10.15.3 Shenzhen Bak Technology LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shenzhen Bak Technology LiFePO4 Batteries Products Offered
10.15.5 Shenzhen Bak Technology Recent Development
10.16 Shenzhen Eastar Battery
10.16.1 Shenzhen Eastar Battery Company Information
10.16.2 Shenzhen Eastar Battery Introduction and Business Overview
10.16.3 Shenzhen Eastar Battery LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Shenzhen Eastar Battery LiFePO4 Batteries Products Offered
10.16.5 Shenzhen Eastar Battery Recent Development
10.17 Greensun Solar Energy
10.17.1 Greensun Solar Energy Company Information
10.17.2 Greensun Solar Energy Introduction and Business Overview
10.17.3 Greensun Solar Energy LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Greensun Solar Energy LiFePO4 Batteries Products Offered
10.17.5 Greensun Solar Energy Recent Development
10.18 Bharat Power Solution
10.18.1 Bharat Power Solution Company Information
10.18.2 Bharat Power Solution Introduction and Business Overview
10.18.3 Bharat Power Solution LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Bharat Power Solution LiFePO4 Batteries Products Offered
10.18.5 Bharat Power Solution Recent Development
10.19 Bestgo Battery
10.19.1 Bestgo Battery Company Information
10.19.2 Bestgo Battery Introduction and Business Overview
10.19.3 Bestgo Battery LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Bestgo Battery LiFePO4 Batteries Products Offered
10.19.5 Bestgo Battery Recent Development
10.20 Dongguan Victory Battery Technology
10.20.1 Dongguan Victory Battery Technology Company Information
10.20.2 Dongguan Victory Battery Technology Introduction and Business Overview
10.20.3 Dongguan Victory Battery Technology LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Dongguan Victory Battery Technology LiFePO4 Batteries Products Offered
10.20.5 Dongguan Victory Battery Technology Recent Development
10.21 Annexure
10.21.1 Annexure Company Information
10.21.2 Annexure Introduction and Business Overview
10.21.3 Annexure LiFePO4 Batteries Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Annexure LiFePO4 Batteries Products Offered
10.21.5 Annexure Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LiFePO4 Batteries Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LiFePO4 Batteries Industrial Chain Analysis
11.4 LiFePO4 Batteries Market Dynamics
11.4.1 LiFePO4 Batteries Industry Trends
11.4.2 LiFePO4 Batteries Market Drivers
11.4.3 LiFePO4 Batteries Market Challenges
11.4.4 LiFePO4 Batteries Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LiFePO4 Batteries Distributors
12.3 LiFePO4 Batteries Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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