LFP Battery for Electric Vehicle Market Synopsis

LFP Battery for Electric Vehicle Market Size Was Valued at USD 14.59 Billion in 2023, and is Projected to Reach USD 45.2 Billion by 2032, Growing at a CAGR of 13.40% From 2024-2032.

Due to their safer lithium chemistry, 'LiFePO4' or 'LFP' batteries are more robust than other commonly used EV batteries such as NMC, providing better thermal and structural stability. They also outperform other commonly used Li-ion batteries in terms of cycle life and safety. LFPs have a low self-discharge rate, which allows for a greater range and a longer life cycle. LFP chemistry has three times longer lifecycles.

• Automotive and transportation are major contributors to global carbon emissions today. Private ownership has increased due to the trend of everyone in the household owning one, resulting in more vehicles on the road.
• Governments around the world are putting more emphasis than ever before on seamlessly transitioning from conventional vehicles to EVs to meet the goal of lowering carbon emissions.
• Furthermore, a slew of lithium-iron-phosphate (LFP) chemistries is set to expire in 2022, which could change the face of battery production across the globe.
• With the increasing demand for sustainable battery solutions, the LFP battery for the electric vehicle market is anticipated to develop at a significant growth rate over the forecasted period.

LFP Battery for Electric Vehicle Market Trend Analysis

The Growing Role of LFP Batteries in Driving Global Electric Vehicle Adoption

• The global electric vehicle (EV) market is experiencing a remarkable surge, buoyed by escalating environmental concerns, governmental incentives, and notable strides in battery technology. This surge is reshaping the automotive industry as consumers increasingly prioritize sustainable transportation options. Amidst this transformation, Lithium-Ion Phosphate (LFP) batteries have emerged as a favoured solution for EV manufacturers seeking reliable and cost-effective energy storage. LFP batteries offer superior energy density, extended lifespan, and enhanced safety features, addressing key concerns of both consumers and regulators.
• Their growing prominence underscores a pivotal shift towards cleaner and more efficient mobility solutions, with LFP technology playing a central role in driving the widespread adoption of electric vehicles on a global scale.

A Sustainable Solution for Environmental Consciousness

• The global demand for electric vehicles (EVs) is on a steady rise, primarily propelled by mounting environmental consciousness and the urgent need to mitigate climate change. Governments around the world are increasingly implementing stringent regulations aimed at reducing carbon emissions from the transportation sector, which is one of the largest contributors to greenhouse gas emissions. As a result, consumers are becoming more aware of the environmental impact of their vehicles and are actively seeking cleaner alternatives. This growing awareness and demand for sustainable transportation solutions create a fertile ground for the expansion of Lithium-Ion Phosphate (LFP) battery technology in the EV market.
• LFP batteries, renowned for their high energy density and extended lifespan, are well-suited to meet the evolving needs of consumers and regulators alike. Their ability to store more energy in a compact space allows electric vehicles to achieve longer driving ranges on a single charge, addressing one of the primary concerns known as "range anxiety" among potential EV buyers. Furthermore, the durability and longevity of LFP batteries offer reassurance to consumers concerned about the long-term performance and maintenance costs of electric vehicles. As the appeal of EVs equipped with LFP batteries continues to grow in tandem with the increasing demand for sustainable transportation options, the market opportunity for LFP battery technology in the electric vehicle sector becomes even more promising.

LFP Battery for Electric Vehicle Market Segment Analysis:

LFP Battery for Electric Vehicle Market Segmented based on By Battery Type, Voltage Capacity and Applications

By Battery Type, Cylindrical segment is expected to dominate the market during the forecast period

• Cylindrical batteries have emerged as a preferred choice in applications where durability and thermal management are paramount, notably in heavy-duty and commercial vehicles. Their tubular design allows for efficient heat dissipation, crucial for maintaining optimal operating temperatures, especially during high-demand scenarios such as heavy loads or extended driving periods.
• This inherent cooling capability not only enhances the longevity of the batteries but also ensures consistent performance under challenging conditions, making cylindrical batteries the go-to option for industries where reliability is non-negotiable.
• Furthermore, the structural integrity of cylindrical batteries reinforces their dominance in heavy-duty and commercial vehicle applications. The cylindrical form factor inherently lends itself to sturdy construction, capable of withstanding mechanical stresses and vibrations commonly encountered in rugged operating environments. This robustness translates to enhanced safety and reduced maintenance costs, factors of utmost importance in fleet operations where downtime can result in significant financial losses.
• As a result, cylindrical batteries continue to be the preferred choice for powering heavy-duty vehicles, ensuring both performance and durability in demanding usage scenarios.

By Voltage Capacity, 72V segment held the largest share in 2023

• The 72V and above segment stands out as the cornerstone of the electric vehicle battery market, particularly in heavy-duty and commercial vehicle applications. These vehicles demand substantial power to propel their operations effectively, requiring larger battery packs with higher voltage configurations to meet their energy requirements.
• The adoption of higher voltage systems is driven by the need to deliver sufficient power for extended operation cycles, ranging from long-haul transportation routes to intensive cargo handling in commercial settings. In heavy-duty vehicles like trucks and buses, where payloads and distances are significant, the reliance on higher voltage battery systems becomes indispensable to ensure adequate propulsion and operational efficiency.
• Moreover, the prevalence of higher voltage configurations in heavy-duty and commercial vehicles reflects the industry's strategic approach to balancing power output with space and weight constraints. By opting for higher voltage battery packs, manufacturers can achieve greater energy density without dramatically increasing the physical footprint or weight of the battery system.
• This optimization is crucial in heavy-duty applications where payload capacity and overall vehicle efficiency are paramount considerations. Additionally, higher voltage systems enable faster charging capabilities, a critical factor for commercial fleets where downtime directly impacts productivity and profitability. As such, the dominance of the 72V and above segment in heavy-duty and commercial vehicle applications underscores its pivotal role in driving the electrification of transportation and shaping the future of sustainable mobility.

LFP Battery for Electric Vehicle Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• In the Asia-Pacific region, China dominates the LFP battery market for EVs, fueled by aggressive government initiatives to curb pollution and promote clean transportation solutions.
• The country's vast manufacturing capabilities, coupled with significant investments in research and development, have propelled China to the forefront of the global electric vehicle market.
• Furthermore, other emerging economies in the region, such as India and South Korea, are increasingly prioritizing electrification efforts, creating new opportunities for LFP battery manufacturers.

Active Key Players in the LFP Battery for Electric Vehicle Market

• BYD Company Ltd.
• LG Chem
• SK Innovation Co. Ltd.
• Bharat Electronics Limited
• Contemporary Amperex Technology Co. Ltd. (CATL)
• Panasonic Corporation
• Samsung SDI
• Morrow batteries
• BAK Group
• Toshiba Corporation
• Hitachi
• Clarios
• RELion Batteries, Other key Players.

Key Industry Developments in the LFP Battery for Electric Vehicle Market:

• In October 2022, Bharat Electronics Limited (BEL) announced the launch of a product developed in-house, the Li-Ion LFP Cell for e-Mobility. BEL has developed and manufactured three types of Li-Ion prismatic cells: 3.2V, 10 Ah / 25 Ah. These cells' intended applications include underwater, eMobility, and remote power systems, among others.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. LFP BATTERY FOR ELECTRICS MARKET BY BATTERY TYPE (2017-2032)
   1. LFP BATTERY FOR ELECTRICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PRISMATIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CYLINDRICAL
7. LFP BATTERY FOR ELECTRICS MARKET BY VOLTAGE CAPACITY (2017-2032)
   1. LFP BATTERY FOR ELECTRICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. 24-48V
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. 48-72V
   5. 72V & ABOVE
8. LFP BATTERY FOR ELECTRICS MARKET BY APPLICATIONS (2017-2032)
   1. LFP BATTERY FOR ELECTRICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PASSENGER CARS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HEAVY DUTY VEHICLES
   5. COMMERCIAL VEHICLES
   6. OTHERS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. LFP BATTERY FOR ELECTRICs Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. BYD COMPANY LTD.
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. LG CHEM
   4. SK INNOVATION CO. LTD.
   5. BHARAT ELECTRONICS LIMITED
   6. CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL)
   7. PANASONIC CORPORATION
   8. SAMSUNG SDI
   9. MORROW BATTERIES
   10. BAK GROUP
   11. TOSHIBA CORPORATION
   12. HITACHI
   13. CLARIOS
   14. RELION BATTERIES
10. GLOBAL LFP BATTERY FOR ELECTRICS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Battery Type
       4. Historic And Forecasted Market Size By Voltage Capacity
       5. Historic And Forecasted Market Size By Applications
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LFP BATTERY FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LFP BATTERY FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LFP BATTERY FOR ELECTRIC VEHICLE MARKET COMPETITIVE RIVALRY
TABLE 005. LFP BATTERY FOR ELECTRIC VEHICLE MARKET THREAT OF NEW ENTRANTS
TABLE 006. LFP BATTERY FOR ELECTRIC VEHICLE MARKET THREAT OF SUBSTITUTES
TABLE 007. LFP BATTERY FOR ELECTRIC VEHICLE MARKET BY BATTERY TYPE
TABLE 008. PRISMATIC MARKET OVERVIEW (2016-2028)
TABLE 009. CYLINDRICAL MARKET OVERVIEW (2016-2028)
TABLE 010. LFP BATTERY FOR ELECTRIC VEHICLE MARKET BY VOLTAGE CAPACITY
TABLE 011. 24-48V MARKET OVERVIEW (2016-2028)
TABLE 012. 48-72V MARKET OVERVIEW (2016-2028)
TABLE 013. 72V & ABOVE MARKET OVERVIEW (2016-2028)
TABLE 014. LFP BATTERY FOR ELECTRIC VEHICLE MARKET BY APPLICATIONS
TABLE 015. PASSENGER CARS MARKET OVERVIEW (2016-2028)
TABLE 016. HEAVY DUTY VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 017. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 018. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 019. NORTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY BATTERY TYPE (2016-2028)
TABLE 020. NORTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY VOLTAGE CAPACITY (2016-2028)
TABLE 021. NORTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY APPLICATIONS (2016-2028)
TABLE 022. N LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 023. EUROPE LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY BATTERY TYPE (2016-2028)
TABLE 024. EUROPE LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY VOLTAGE CAPACITY (2016-2028)
TABLE 025. EUROPE LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY APPLICATIONS (2016-2028)
TABLE 026. LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 027. ASIA PACIFIC LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY BATTERY TYPE (2016-2028)
TABLE 028. ASIA PACIFIC LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY VOLTAGE CAPACITY (2016-2028)
TABLE 029. ASIA PACIFIC LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY APPLICATIONS (2016-2028)
TABLE 030. LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY BATTERY TYPE (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY VOLTAGE CAPACITY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY APPLICATIONS (2016-2028)
TABLE 034. LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 035. SOUTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY BATTERY TYPE (2016-2028)
TABLE 036. SOUTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY VOLTAGE CAPACITY (2016-2028)
TABLE 037. SOUTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY APPLICATIONS (2016-2028)
TABLE 038. LFP BATTERY FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 039. BYD COMPANY LTD.: SNAPSHOT
TABLE 040. BYD COMPANY LTD.: BUSINESS PERFORMANCE
TABLE 041. BYD COMPANY LTD.: PRODUCT PORTFOLIO
TABLE 042. BYD COMPANY LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. LG CHEM: SNAPSHOT
TABLE 043. LG CHEM: BUSINESS PERFORMANCE
TABLE 044. LG CHEM: PRODUCT PORTFOLIO
TABLE 045. LG CHEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. SK INNOVATION CO. LTD.: SNAPSHOT
TABLE 046. SK INNOVATION CO. LTD.: BUSINESS PERFORMANCE
TABLE 047. SK INNOVATION CO. LTD.: PRODUCT PORTFOLIO
TABLE 048. SK INNOVATION CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. BHARAT ELECTRONICS LIMITED: SNAPSHOT
TABLE 049. BHARAT ELECTRONICS LIMITED: BUSINESS PERFORMANCE
TABLE 050. BHARAT ELECTRONICS LIMITED: PRODUCT PORTFOLIO
TABLE 051. BHARAT ELECTRONICS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL): SNAPSHOT
TABLE 052. CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL): BUSINESS PERFORMANCE
TABLE 053. CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL): PRODUCT PORTFOLIO
TABLE 054. CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. PANASONIC CORPORATION: SNAPSHOT
TABLE 055. PANASONIC CORPORATION: BUSINESS PERFORMANCE
TABLE 056. PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 057. PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. SAMSUNG SDI: SNAPSHOT
TABLE 058. SAMSUNG SDI: BUSINESS PERFORMANCE
TABLE 059. SAMSUNG SDI: PRODUCT PORTFOLIO
TABLE 060. SAMSUNG SDI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. MORROW BATTERIES: SNAPSHOT
TABLE 061. MORROW BATTERIES: BUSINESS PERFORMANCE
TABLE 062. MORROW BATTERIES: PRODUCT PORTFOLIO
TABLE 063. MORROW BATTERIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. BAK GROUP: SNAPSHOT
TABLE 064. BAK GROUP: BUSINESS PERFORMANCE
TABLE 065. BAK GROUP: PRODUCT PORTFOLIO
TABLE 066. BAK GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. TOSHIBA CORPORATION: SNAPSHOT
TABLE 067. TOSHIBA CORPORATION: BUSINESS PERFORMANCE
TABLE 068. TOSHIBA CORPORATION: PRODUCT PORTFOLIO
TABLE 069. TOSHIBA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. HITACHI: SNAPSHOT
TABLE 070. HITACHI: BUSINESS PERFORMANCE
TABLE 071. HITACHI: PRODUCT PORTFOLIO
TABLE 072. HITACHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. CLARIOS: SNAPSHOT
TABLE 073. CLARIOS: BUSINESS PERFORMANCE
TABLE 074. CLARIOS: PRODUCT PORTFOLIO
TABLE 075. CLARIOS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. RELION BATTERIES: SNAPSHOT
TABLE 076. RELION BATTERIES: BUSINESS PERFORMANCE
TABLE 077. RELION BATTERIES: PRODUCT PORTFOLIO
TABLE 078. RELION BATTERIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 079. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 080. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 081. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY BATTERY TYPE
FIGURE 012. PRISMATIC MARKET OVERVIEW (2016-2028)
FIGURE 013. CYLINDRICAL MARKET OVERVIEW (2016-2028)
FIGURE 014. LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY VOLTAGE CAPACITY
FIGURE 015. 24-48V MARKET OVERVIEW (2016-2028)
FIGURE 016. 48-72V MARKET OVERVIEW (2016-2028)
FIGURE 017. 72V & ABOVE MARKET OVERVIEW (2016-2028)
FIGURE 018. LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY APPLICATIONS
FIGURE 019. PASSENGER CARS MARKET OVERVIEW (2016-2028)
FIGURE 020. HEAVY DUTY VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 021. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 022. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 023. NORTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. EUROPE LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. ASIA PACIFIC LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. MIDDLE EAST & AFRICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. SOUTH AMERICA LFP BATTERY FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)