세계의 리튬인산철(LiFePO4) 배터리 시장 예측(-2030년) : 유형별, 출력 용량별, 구성요소별, 전압별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Lithium-Iron Phosphate (LiFePO4) Battery Market is accounted for $9.28 billion in 2024 and is expected to reach $18.82 billion by 2030 growing at a CAGR of 12.5% during the forecast period. Lithium iron phosphate (LiFePO4) batteries, also known as LFP batteries, represent a significant advancement in battery technology, primarily due to their unique composition and safety features. These batteries have a number of benefits over conventional lithium-ion batteries because they use lithium iron phosphate as the cathode material. Moreover, their extended cycle life-which can surpass 10,000 cycles based on usage circumstances-is one of their most notable advantages, making them perfect for applications that require dependability and longevity.

According to a study published in Nature Energy, LFP blade batteries can achieve an energy density of 286-333 Wh/L at the pack level, which is higher than conventional NMC622 packs (186-249 Wh/L).

Market Dynamics:

Driver:

Emphasis on the integration of renewable energy

Effective energy storage solutions are necessary to control supply and demand fluctuations as we move toward renewable energy sources like solar and wind power. LiFePO4 batteries are perfect for this because they have the capacity to store excess energy produced during periods of high production and release it when demand increases. These qualities make them crucial parts of contemporary energy systems since they improve grid stability and dependability. Additionally, the need for LiFePO4 batteries in grid-scale storage applications is only increasing as nations work to meet their renewable energy targets.

Restraint:

Supply chain problems and raw material availability

The primary challenges for LiFePO4 batteries are the stability and availability of raw materials like iron, phosphate, and lithium. Variations in these materials availability and cost can have a big impact on manufacturing costs and, in turn, LiFePO4 battery prices. Furthermore, the vulnerabilities of supply chains can be further exacerbated by trade policies, mining restrictions, and geopolitical tensions. Because lithium extraction is concentrated in certain areas, such as Australia and South America, the supply is subject to regional laws and market conditions.

Opportunity:

Expanding market for electric vehicles (EVs)

The LiFePO4 battery market has a lot of potential due to the growing popularity of electric vehicles. The need for reliable and efficient battery technologies is growing as governments throughout the world impose tighter emissions laws and offer financial incentives for the purchase of electric vehicles. Automakers seeking to improve vehicle safety and performance are particularly drawn to LiFePO4 batteries because of their long cycle life and reputation for thermal stability. Moreover, significant investments in LiFePO4 battery production, research, and infrastructure development are anticipated as a result of this trend, which will strengthen the market.

Threat:

Challenges with recycling and disposal

Effective recycling and disposal techniques are essential as LiFePO4 battery usage raises. The safe recovery of valuable materials from spent batteries is significantly hampered by the current state of the lithium-ion battery recycling infrastructure, which is still developing. Hazardous compounds can be released during improper disposal, posing a threat to human health and the environment. The market for LiFePO4 batteries is vulnerable due to the absence of extensive recycling initiatives and strict regulations. Additionally, the public's opinion of lithium-based technologies may change negatively if these environmental issues are not resolved.

Covid-19 Impact:

The COVID-19 pandemic has caused severe disruptions to the lithium iron phosphate (LiFePO4) battery market, including problems with the supply chain, lower demand, and higher costs. Travel bans and lockdowns have affected the flow of labor, raw materials, and completed goods; as a result, China's capacity to manufacture batteries will decrease by 25-30 GWh by 2020. Furthermore, demand for consumer electronics, renewable energy, and electric vehicles have declined as a result of the economic downturn. Because of the pandemic, manufacturers are having difficulty launching new products and are postponing business development initiatives.

The 100,001-540,000 mAh segment is expected to be the largest during the forecast period

The segment with the largest share is the 100,001-540,000 mAh range, due to the growing need for high-capacity batteries in applications like industrial machinery, renewable energy storage systems, and electric vehicles (EVs) is the main driver of this market. LiFePO4 batteries in this capacity range are perfect for large-scale applications where safety and performance are crucial because they can deliver consistent power for prolonged periods of time. Moreover, their long cycle life and thermal stability also make them more appealing for use in energy-intensive settings, which adds to their market dominance.

The Electrolytes segment is expected to have the highest CAGR during the forecast period

The segment with the highest predicted CAGR is electrolytes, owing to the improvements in electrolyte formulations that improve battery performance, safety, and efficiency are the main factors driving this growth. The creation of novel electrolytes becomes essential as producers concentrate on enhancing energy density and charging rates. Additionally, these developments address important problems like thermal stability and longevity, which are crucial for applications in electric vehicles and renewable energy storage, in addition to improving overall battery performance.

Region with largest share:

The market for lithium iron phosphate (LiFePO4) batteries is dominated by the Asia-Pacific region. The main cause of this dominance is the region's thriving automobile industry, especially in nations like China, Japan, and India where there is a strong push for the adoption of electric vehicles (EVs). The growing middle class and rising disposable incomes in these countries drive up sales of LiFePO4 battery-powered electronics, which in turn drives up demand for consumer electronics. Furthermore, the LiFePO4 battery industry is growing in a favorable environment owing to strict government policies that aim to reduce carbon emissions and promote sustainable energy.

Region with highest CAGR:

With the highest CAGR, the lithium iron phosphate (LiFePO4) battery market is expected to grow significantly in the Europe region. The increasing use of electric cars (EVs) and the focus on environmentally friendly transportation options in European nations are the main factors driving this growth. Manufacturers of LiFePO4 batteries are operating in a favorable environment owing to the European Union's encouraging regulatory framework and EV adoption incentives. Moreover, the market for LiFePO4 batteries, which are renowned for their longevity, safety, and low environmental impact, is anticipated to grow as European nations work to meet strict environmental regulations and cut carbon emissions.

Key players in the market

Some of the key players in Lithium-Iron Phosphate (LiFePO4) Battery market include BYD Company Ltd., Panasonic Corporation, OptimumNano Energy Co., Ltd., K2 Energy Solutions Inc., A123 Systems LLC, Samsung SDI Co., Ltd, Electric Vehicles Power System Technology Co. Ltd., LiFeBATT, Inc., Toshiba Corporation, CENS Energy Tech Co., Ltd., Bharat Power Solutions and ReLion Batery LLC.

Key Developments:

In September 2024, BYD Automotive GmbH, as the purchaser, and Hedin Mobility Group, as the seller, have entered into an agreement for the sale of the subsidiary Hedin Electric Mobility GmbH, the appointed Dealer+ of BYD vehicles and spare parts in the German market.

In August 2024, Samsung SDI announced that the company has completed and signed an agreement with General Motors to establish a joint venture to supply electric vehicle (EV) batteries in the United States. The ceremony was held at Samsung SDI's office in Seoul, and was attended by key executives from both companies, including Samsung SDI CEO Yoon-ho Choi.

In July 2024, Panasonic Corporation announced that its Cold Chain Solutions Company has entered into an agreement with Cooling Solutions S.L. to purchase all the shares of its subsidiary Area Cooling Solutions Sp. z o.o. , a Polish refrigeration equipment manufacturer.

Types Covered:

• Stationary
• Portable

Power Capacities Covered:

• 0-16,250 mAh
• 16,251-50,000 mAh
• 50,001-100,000 mAh
• 100,001-540,000 mAh

Components Covered:

• Cathode
• Anode
• Electrolytes
• Separators
• Other Components

Voltages Covered:

• Low (below 12V)
• Medium (12V-36V)
• High (above 36V)

End Users Covered:

• Automotive
• Healthcare
• Power
• Consumer Electronics
• Industrial
• Aerospace and Defence
• Marine
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By Type

• 5.1 Introduction
• 5.2 Stationary
• 5.3 Portable

6 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By Power Capacity

• 6.1 Introduction
• 6.2 0-16,250 mAh
• 6.3 16,251-50,000 mAh
• 6.4 50,001-100,000 mAh
• 6.5 100,001-540,000 mAh

7 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By Component

• 7.1 Introduction
• 7.2 Cathode
• 7.3 Anode
• 7.4 Electrolytes
• 7.5 Separators
• 7.6 Other Components

8 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By Voltage

• 8.1 Introduction
• 8.2 Low (below 12V)
• 8.3 Medium (12V-36V)
• 8.4 High (above 36V)

9 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By End User

• 9.1 Introduction
• 9.2 Automotive
• 9.3 Healthcare
• 9.4 Power
• 9.5 Consumer Electronics
• 9.6 Industrial
• 9.7 Aerospace and Defence
• 9.8 Marine
• 9.9 Other End Users

10 Global Lithium-Iron Phosphate (LiFePO4) Battery Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BYD Company Ltd.
• 12.2 Panasonic Corporation
• 12.3 OptimumNano Energy Co., Ltd.
• 12.4 K2 Energy Solutions Inc.
• 12.5 A123 Systems LLC
• 12.6 Samsung SDI Co., Ltd
• 12.7 Electric Vehicles Power System Technology Co. Ltd.
• 12.8 LiFeBATT, Inc.
• 12.9 Toshiba Corporation
• 12.10 CENS Energy Tech Co., Ltd.
• 12.11 Bharat Power Solutions
• 12.12 ReLion Batery LLC