DUBLIN, June 22, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Lithium Iron Phosphate (LiFePO4) Material and Battery Market Analysis By Raw Material (Graphite, Lithium Iron Phosphate, Lithium Fluoride), By Application, By Region, And Segment Forecasts, 2014 - 2025" report to their offering.
The global lithium iron phosphate material and battery market is expected to reach USD 25.47 billion by 2025. Growing demand for these batteries from the electric & hybrid electric vehicles and consumer electronics segments is expected to be the biggest driver of the market over the next eight years.
New technologies have resulted in increasing popularity of lithium iron phosphate batteries. For instance, the innovation of lithium iron nanophosphate batteries has found extensive applications in electric & hybrid vehicles in the telecommunication sector, apart from electric vehicles and power generation.
Graphite accounted for the majority of the raw material market in 2016, in terms of revenue. This material, which is used as an anode in these batteries, is known for its high performance and stability at high temperatures. These factors have increased its importance in this industry, consequently driving its demand.
Companies Mentioned
- A123
- BYD
- Electrical vehicle Power System Technology
- Bharat Power Solutions
- Optimum Nano Energy
- GAIA
- K2Energy
- LifeBatt
- Phostech
- Pihsiang Energy Technology
- Pulead Technology Industry
- Victory Battery Technology
- Valence
- CENS Energy Tech Co. Ltd.
- Huanyu Power Source Co. Ltd.
- Formosa Energy & Material Technology
Key Topics Covered:
1 Methodology And Scope
2 Executive Summary
3 Lithium Iron Phosphate Material & Battery Market Variables, Trends & Scope
4 Lithium Iron Phosphate Material & Battery: Raw Material Estimates & Trend Analysis
5 Lithium Iron Phosphate Material & Battery: Application Estimates & Trend Analysis
6 Lithium Iron Phosphate Material & Battery: Regional Estimates & Trend Analysis, by Raw Material & Application
7 Competitive Landscape
8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/z64scz/lithium_iron
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SOURCE Research and Markets