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Global Lithium Iron Phosphate Battery Market 2016-2020

  • August 2016
  • -
  • Infiniti Research Limited
  • -
  • 77 pages

About Lithium Iron Phosphate Batteries

Lithium iron phosphate batteries (LFP) are used in high-power applications, such as HEVs, EVs, and consumer electronics devices. They are rechargeable batteries that use iron phosphate as a cathode and carbon as an anode. Lithium iron phosphate batteries have good electrochemical performance and low resistance. The advantages of using these batteries include better thermal stability and safety, higher current density, and longer shelf life than other lithium ion batteries. This technology has an excellent deep-discharge cycle life that shields the battery from damage.

Technavio’s analysts forecast the global lithium iron phosphate battery market to grow at a CAGR of 20.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global lithium iron phosphate battery market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Lithium Iron Phosphate Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- A123 Systems
- BYD
- Electrical Vehicle Power System Technology
- Hi Power
- OptimumNano Energy


Other prominent vendors
- GAIA
- K2Energy
- LiFeBATT
- Phostech
- Pihsiang Energy Technology
- Pulead Technology Industry
- Victory Battery Technology

Market driver
- Longer shelf life of lithium iron phosphate batteries
- For a full, detailed list, view our report

Market challenge
- Lower capacity/size ratio
- For a full, detailed list, view our report

Market trend
- Operational challenges of lead acid batteries
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Table Of Contents

Global Lithium Iron Phosphate Battery Market 2016-2020
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Technological overview
- Market overview
- Market size and forecast by revenue
- Five forces analysis
PART 06: Market segmentation by application
- Global lithium iron phosphate battery market by application, 2015
- Global lithium iron phosphate battery market by application, 2020
- Global lithium iron phosphate battery market by application 2015-2020
- Global lithium iron phosphate battery market by EVs and HEVs 2015-2020
- Global lithium iron phosphate battery market by consumer electronics 2015-2020
- Global lithium iron phosphate battery market by renewable power sector, 2015-2020
PART 07: Geographical segmentation
- Global lithium iron phosphate battery market by geography
- Lithium iron phosphate battery market in APAC
- Lithium iron phosphate battery market in the Americas
- Lithium iron phosphate battery market in EMEA
PART 08: Market drivers
- High demand for EVs and HEVs
- Increased usage of Li-ion battery
- Longer shelf life of lithium iron phosphate batteries
- Strong focus on renewable power generation
PART 09: Impact of drivers
PART 10: Market challenges
- Technological challenges of Li-on batteries
- Lack of awareness
- Recycling concerns
- Lower capacity/size ratio
PART 11: Impact of drivers and challenges
PART 12: Market trends
- Increased demand from China
- Heavy investments in lithium iron phosphate manufacturing plants
- Operational challenges of lead acid batteries
- Technological advancements
PART 13: Key leading countries
PART 14: Vendor landscape
- Competitive landscape
- Other prominent vendors
PART 15: Key vendor analysis
- A123 Systems
- BYD
- Electrical Vehicle Power System Technology
- Hi Power
- OptimumNano Energy
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Lithium iron phosphate radar
Exhibit 03: Comparison of VRLA and LFP battery for IDCs
Exhibit 04: Comparison of Li-ion polymer, Li-ion, and Li-iron batteries
Exhibit 05: Segmentation of global lithium iron phosphate battery market
Exhibit 06: Global lithium iron phosphate battery market 2015-2020 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global lithium iron phosphate battery market by application 2015
Exhibit 09: Global lithium iron phosphate battery market by application 2020
Exhibit 10: Global lithium iron phosphate battery market by EVs and HEVs market 2015-2020 ($ billions)
Exhibit 11: Global EV sales 2012-2016 (thousands)
Exhibit 12: Global EV market share by country 2015
Exhibit 13: Global HEVs sales 2004-2013 (millions)
Exhibit 14: US HEV sales 2004-2015 (thousands)
Exhibit 15: Global lithium iron phosphate battery market by consumer electronic market 2015-2020 (MW)
Exhibit 16: Global electronics market by type
Exhibit 17: Li-ion battery market in consumer electronics 2012-2020 ($ millions)
Exhibit 18: Global lithium iron phosphate battery market by renewable power sector 2015-2020 ($ billions)
Exhibit 19: Renewable power capacity 2014
Exhibit 20: Global lithium iron phosphate battery market by geography 2015
Exhibit 21: Global lithium iron phosphate battery market by geography 2020
Exhibit 22: Global lithium iron phosphate battery market by geographical segmentation 2015-2020
Exhibit 23: Lithium iron phosphate battery market in APAC 2015-2020 ($ billions)
Exhibit 24: Lithium iron phosphate battery market in the Americas 2015-2020 ($ billions)
Exhibit 25: HEVs sales in the US 2010-2015
Exhibit 26: Lithium iron phosphate battery market in EMEA 2015-2020 ($ billions)
Exhibit 27: EV sales in Europe 2015
Exhibit 28: PEV growth in volume and percentage 2015
Exhibit 29: Europe year-wise sales data of EVs 2013-2015
Exhibit 30: Global EV stock 2014
Exhibit 31: Global EV sales, 2010-2014 (Thousands)
Exhibit 32: Advantages of EVs
Exhibit 33: Average life cycle of lead acid and lithium iron phosphate battery (cycles)
Exhibit 34: Average annual growth rates of renewable energy capacity and production 2010-2014
Exhibit 35: Impact of drivers
Exhibit 36: Challenges faced while using Li-ion batteries
Exhibit 37: Cost of recycling different Li-ion batteries
Exhibit 38: Impact of drivers and challenges
Exhibit 39: Lead acid batteries challenges
Exhibit 40: Global e-bike sales, 2016 (Billion units)
Exhibit 41: China's year wise sales data of EVs, 2013-2015
Exhibit 42: China PEV and EV sales, 2014-2015
Exhibit 43: PHEVs and BEVs sales by model, 2011-2013
Exhibit 44: US electric vehicle sales, 2010-2015
Exhibit 45: US HEV sales, 2004-2005
Exhibit 46: US consumer electronics ($ billions)
Exhibit 47: Other prominent vendors
Exhibit 48: Lithium iron phosphate battery portfolio
Exhibit 49: Product portfolio
Exhibit 50: Product portfolio
Exhibit 51: Product segmentation
Exhibit 52: Lithium iron phosphate battery portfolio
Exhibit 53: Lithium iron phosphate battery portfolio

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