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Worldwide Lithium Iron Phosphate Battery Market Analysis and Growth Report 2019

Global Lithium Iron Phosphate Battery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Lithium Iron Phosphate Battery market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Analysts forecast the Global Lithium Iron Phosphate Battery market to grow at a CAGR of 20 percent over the period 2014-2019. The report covers the present scenario and the growth prospects of the Global Lithium Iron Phosphate Battery market for the period 2015-2019. The market has been segmented on the basis of the following: end-user industry application (EVs and HEVs, consumer electronics, renewable power, and others) and geography.b

Synopsis

Lithium iron phosphate battery is a type of lithium ion battery and is used in high power applications, such as EV, HEV, and portable consumer electronic devices. It is a rechargeable battery that consist of iron phosphate that acts as cathode and carbon as anode. This battery has good electrochemical performance with low resistance. The advantage of using this battery is that it increases the thermal stability and safety and has high current density and longer lifespan as compared to other lithium ion batteries. This technology has excellent deep-discharge cycle life that shields the battery by cycling it more shallowly.

Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • A123 Systems
  • BYD
  • Electric Vehicle Power System Technology
  • Hi power New Energy Group
  • Shenzhen OptimumNano

Other Prominent Vendors

  • Phostech
  • Pihsiang Energy Technology
  • Pulead Technology Industry
  • Victory Battery Technology
  • K2Energy
  • GAIA
  • LiFeBATT

Key Market Driver

  • Increased Demand from EVs and HEVs Segments

Key Market Challenge

  • Lack of Knowledge about Lithium Iron Phosphate Battery Technology

Key Market Trend

  • Growing Demand from China

Key Questions Answered in this Report

  • What will the market size be in 2019 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?

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