Market Overview Of The LFP Battery For Electric Vehicle Market
The Global LFP Battery for Electric Vehicle Market is anticipated to develop at a significant growth rate over the analysis period, and for the market estimations, 2021 is considered the base year.
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 in order to meet the goal of lowering carbon emissions. 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. Furthermore, a slew of lithium-iron-phosphate (LFP) chemistries are 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 electric vehicle market is anticipated to develop at a significant growth rate over the forecasted period.
Market Dynamics And Factors Of The LFP Battery For Electric Vehicle Market
Drivers:
- LFPs Are Less Toxic As Compared To Other Batteries And Offer Longer Lifecycles
Restraints:
- Supply Chain Disruptions Can Significantly Hike The Prices Of EV Batteries
Opportunities:
- High Investment In R&D For Advanced Battery Solutions
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, e-mobility, and remote power systems, among others.
COVID-19 Impact On The LFP Battery For Electric Vehicle Market
COVID-19's global impact has been unprecedented and staggering, with LifePO4 batteries experiencing negative demand across all regions. Key battery components are primarily manufactured in Asia Pacific. The COVID-19 situation has highlighted the region's overdependence on key raw materials, particularly China. The shutdown of operations in China and other Asia Pacific countries has had a significant impact on battery manufacturers in the United States, Germany, and Australia. It has also resulted in limited production, resulting in a significant decrease in business inputs. With the increase in the demand for EV coupled with adoption of LFP batteries as advanced battery solutions, the LFP battery for electric vehicle market is anticipated to develop at a significant growth rate over the forecasted period.
Key Players For 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 and Other Major Players.
Global LFP Battery for Electric Vehicle Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Mn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Mn. |
Segments Covered: |
By Battery Type |
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By Voltage Capacity |
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By Applications |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Battery Type
3.2 By Voltage Capacity
3.3 By Applications
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: LFP Battery for Electric Vehicle Market by Battery Type
5.1 LFP Battery for Electric Vehicle Market Overview Snapshot and Growth Engine
5.2 LFP Battery for Electric Vehicle Market Overview
5.3 Prismatic
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Prismatic: Geographic Segmentation
5.4 Cylindrical
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Cylindrical: Geographic Segmentation
Chapter 6: LFP Battery for Electric Vehicle Market by Voltage Capacity
6.1 LFP Battery for Electric Vehicle Market Overview Snapshot and Growth Engine
6.2 LFP Battery for Electric Vehicle Market Overview
6.3 24-48V
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 24-48V: Geographic Segmentation
6.4 48-72V
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 48-72V: Geographic Segmentation
6.5 72V & above
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 72V & above: Geographic Segmentation
Chapter 7: LFP Battery for Electric Vehicle Market by Applications
7.1 LFP Battery for Electric Vehicle Market Overview Snapshot and Growth Engine
7.2 LFP Battery for Electric Vehicle Market Overview
7.3 Passenger Cars
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Passenger Cars: Geographic Segmentation
7.4 Heavy Duty Vehicles
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Heavy Duty Vehicles: Geographic Segmentation
7.5 Commercial Vehicles
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Commercial Vehicles: Geographic Segmentation
7.6 Others
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Others: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 LFP Battery for Electric Vehicle Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 LFP Battery for Electric Vehicle Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 LFP Battery for Electric Vehicle Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 BYD COMPANY LTD.
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 LG CHEM
8.4 SK INNOVATION CO. LTD.
8.5 BHARAT ELECTRONICS LIMITED
8.6 CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL)
8.7 PANASONIC CORPORATION
8.8 SAMSUNG SDI
8.9 MORROW BATTERIES
8.10 BAK GROUP
8.11 TOSHIBA CORPORATION
8.12 HITACHI
8.13 CLARIOS
8.14 RELION BATTERIES
8.15 OTHER MAJOR PLAYERS
Chapter 9: Global LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Battery Type
9.2.1 Prismatic
9.2.2 Cylindrical
9.3 Historic and Forecasted Market Size By Voltage Capacity
9.3.1 24-48V
9.3.2 48-72V
9.3.3 72V & above
9.4 Historic and Forecasted Market Size By Applications
9.4.1 Passenger Cars
9.4.2 Heavy Duty Vehicles
9.4.3 Commercial Vehicles
9.4.4 Others
Chapter 10: North America LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Battery Type
10.4.1 Prismatic
10.4.2 Cylindrical
10.5 Historic and Forecasted Market Size By Voltage Capacity
10.5.1 24-48V
10.5.2 48-72V
10.5.3 72V & above
10.6 Historic and Forecasted Market Size By Applications
10.6.1 Passenger Cars
10.6.2 Heavy Duty Vehicles
10.6.3 Commercial Vehicles
10.6.4 Others
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Battery Type
11.4.1 Prismatic
11.4.2 Cylindrical
11.5 Historic and Forecasted Market Size By Voltage Capacity
11.5.1 24-48V
11.5.2 48-72V
11.5.3 72V & above
11.6 Historic and Forecasted Market Size By Applications
11.6.1 Passenger Cars
11.6.2 Heavy Duty Vehicles
11.6.3 Commercial Vehicles
11.6.4 Others
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Battery Type
12.4.1 Prismatic
12.4.2 Cylindrical
12.5 Historic and Forecasted Market Size By Voltage Capacity
12.5.1 24-48V
12.5.2 48-72V
12.5.3 72V & above
12.6 Historic and Forecasted Market Size By Applications
12.6.1 Passenger Cars
12.6.2 Heavy Duty Vehicles
12.6.3 Commercial Vehicles
12.6.4 Others
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Battery Type
13.4.1 Prismatic
13.4.2 Cylindrical
13.5 Historic and Forecasted Market Size By Voltage Capacity
13.5.1 24-48V
13.5.2 48-72V
13.5.3 72V & above
13.6 Historic and Forecasted Market Size By Applications
13.6.1 Passenger Cars
13.6.2 Heavy Duty Vehicles
13.6.3 Commercial Vehicles
13.6.4 Others
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America LFP Battery for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Battery Type
14.4.1 Prismatic
14.4.2 Cylindrical
14.5 Historic and Forecasted Market Size By Voltage Capacity
14.5.1 24-48V
14.5.2 48-72V
14.5.3 72V & above
14.6 Historic and Forecasted Market Size By Applications
14.6.1 Passenger Cars
14.6.2 Heavy Duty Vehicles
14.6.3 Commercial Vehicles
14.6.4 Others
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global LFP Battery for Electric Vehicle Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Mn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Mn. |
Segments Covered: |
By Battery Type |
|
|
By Voltage Capacity |
|
||
By Applications |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
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)
Frequently Asked Questions :
The forecast period in the LFP Battery for Electric Vehicle Market research report is 2022-2028.
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, and Other Major Players.
The LFP Battery for Electric Vehicle Market is segmented into Battery Type, Voltage Capacity, Applications, and Region. By Battery Type the market is categorized into Prismatic, and Cylindrical. By Voltage Capacity the market is categorized into 24-48V, 48-72V, and 72V & above. By Applications, the market is categorized into Passenger Cars, Heavy Duty Vehicles, Commercial Vehicles, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).
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.
Global LFP Battery for Electric Vehicle Market is anticipated to develop at a significant growth rate over the analysis period, and for the market estimations, 2021 is considered the base year.