The global LFP Battery market size was valued at US$ 8868 million in 2024 and is forecast to a readjusted size of USD 16800 million by 2031 with a CAGR of 9.7% during review period.
The lithium iron phosphate battery (LiFePO4 battery) or LFP battery (lithium ferrophosphate) is a type of lithium-ion battery using lithium iron phosphate (LiFePO4) as the cathode material, and a graphitic carbon electrode with a metallic backing as the anode.
Global key LFP battery players include CATL, BYD and Gotion High-tech etc. The top 3 companies hold a share about 88%. Asia is the largest market with a share about 76% followed by Europe and NAFTZ.
In terms of product, prismatic product is the largest segment with a share about 73%. And in terms of applications, the largest application is electric vehicle with a share about 83%.
This report is a detailed and comprehensive analysis for global LFP Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global LFP Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/kWh), 2020-2031
Global LFP Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/kWh), 2020-2031
Global LFP Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/kWh), 2020-2031
Global LFP Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/kWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LFP Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LFP Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CATL, BYD, Gotion High-tech, EVE, REPT, CALB, Great Power, Lishen Battery, Wanxiang A123, ANC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
LFP Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
Prismatic LFP Battery
Soft Pack LFP Battery
Cylindrical LFP Battery
麻豆原创 segment by Application
Electric Vehicle
Energy Storage
Others
Major players covered
CATL
BYD
Gotion High-tech
EVE
REPT
CALB
Great Power
Lishen Battery
Wanxiang A123
ANC
Hithium
Lithion (Valence)
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LFP Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LFP Battery, with price, sales quantity, revenue, and global market share of LFP Battery from 2020 to 2025.
Chapter 3, the LFP Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LFP Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and LFP Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of LFP Battery.
Chapter 14 and 15, to describe LFP Battery sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global LFP Battery Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Prismatic LFP Battery
1.3.3 Soft Pack LFP Battery
1.3.4 Cylindrical LFP Battery
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global LFP Battery Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Electric Vehicle
1.4.3 Energy Storage
1.4.4 Others
1.5 Global LFP Battery 麻豆原创 Size & Forecast
1.5.1 Global LFP Battery Consumption Value (2020 & 2024 & 2031)
1.5.2 Global LFP Battery Sales Quantity (2020-2031)
1.5.3 Global LFP Battery Average Price (2020-2031)
2 Manufacturers Profiles
2.1 CATL
2.1.1 CATL Details
2.1.2 CATL Major Business
2.1.3 CATL LFP Battery Product and Services
2.1.4 CATL LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 CATL Recent Developments/Updates
2.2 BYD
2.2.1 BYD Details
2.2.2 BYD Major Business
2.2.3 BYD LFP Battery Product and Services
2.2.4 BYD LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 BYD Recent Developments/Updates
2.3 Gotion High-tech
2.3.1 Gotion High-tech Details
2.3.2 Gotion High-tech Major Business
2.3.3 Gotion High-tech LFP Battery Product and Services
2.3.4 Gotion High-tech LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Gotion High-tech Recent Developments/Updates
2.4 EVE
2.4.1 EVE Details
2.4.2 EVE Major Business
2.4.3 EVE LFP Battery Product and Services
2.4.4 EVE LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 EVE Recent Developments/Updates
2.5 REPT
2.5.1 REPT Details
2.5.2 REPT Major Business
2.5.3 REPT LFP Battery Product and Services
2.5.4 REPT LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 REPT Recent Developments/Updates
2.6 CALB
2.6.1 CALB Details
2.6.2 CALB Major Business
2.6.3 CALB LFP Battery Product and Services
2.6.4 CALB LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 CALB Recent Developments/Updates
2.7 Great Power
2.7.1 Great Power Details
2.7.2 Great Power Major Business
2.7.3 Great Power LFP Battery Product and Services
2.7.4 Great Power LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 Great Power Recent Developments/Updates
2.8 Lishen Battery
2.8.1 Lishen Battery Details
2.8.2 Lishen Battery Major Business
2.8.3 Lishen Battery LFP Battery Product and Services
2.8.4 Lishen Battery LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Lishen Battery Recent Developments/Updates
2.9 Wanxiang A123
2.9.1 Wanxiang A123 Details
2.9.2 Wanxiang A123 Major Business
2.9.3 Wanxiang A123 LFP Battery Product and Services
2.9.4 Wanxiang A123 LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 Wanxiang A123 Recent Developments/Updates
2.10 ANC
2.10.1 ANC Details
2.10.2 ANC Major Business
2.10.3 ANC LFP Battery Product and Services
2.10.4 ANC LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 ANC Recent Developments/Updates
2.11 Hithium
2.11.1 Hithium Details
2.11.2 Hithium Major Business
2.11.3 Hithium LFP Battery Product and Services
2.11.4 Hithium LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Hithium Recent Developments/Updates
2.12 Lithion (Valence)
2.12.1 Lithion (Valence) Details
2.12.2 Lithion (Valence) Major Business
2.12.3 Lithion (Valence) LFP Battery Product and Services
2.12.4 Lithion (Valence) LFP Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.12.5 Lithion (Valence) Recent Developments/Updates
3 Competitive Environment: LFP Battery by Manufacturer
3.1 Global LFP Battery Sales Quantity by Manufacturer (2020-2025)
3.2 Global LFP Battery Revenue by Manufacturer (2020-2025)
3.3 Global LFP Battery Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of LFP Battery by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 LFP Battery Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 LFP Battery Manufacturer 麻豆原创 Share in 2024
3.5 LFP Battery 麻豆原创: Overall Company Footprint Analysis
3.5.1 LFP Battery 麻豆原创: Region Footprint
3.5.2 LFP Battery 麻豆原创: Company Product Type Footprint
3.5.3 LFP Battery 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global LFP Battery 麻豆原创 Size by Region
4.1.1 Global LFP Battery Sales Quantity by Region (2020-2031)
4.1.2 Global LFP Battery Consumption Value by Region (2020-2031)
4.1.3 Global LFP Battery Average Price by Region (2020-2031)
4.2 North America LFP Battery Consumption Value (2020-2031)
4.3 Europe LFP Battery Consumption Value (2020-2031)
4.4 Asia-Pacific LFP Battery Consumption Value (2020-2031)
4.5 South America LFP Battery Consumption Value (2020-2031)
4.6 Middle East & Africa LFP Battery Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global LFP Battery Sales Quantity by Type (2020-2031)
5.2 Global LFP Battery Consumption Value by Type (2020-2031)
5.3 Global LFP Battery Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global LFP Battery Sales Quantity by Application (2020-2031)
6.2 Global LFP Battery Consumption Value by Application (2020-2031)
6.3 Global LFP Battery Average Price by Application (2020-2031)
7 North America
7.1 North America LFP Battery Sales Quantity by Type (2020-2031)
7.2 North America LFP Battery Sales Quantity by Application (2020-2031)
7.3 North America LFP Battery 麻豆原创 Size by Country
7.3.1 North America LFP Battery Sales Quantity by Country (2020-2031)
7.3.2 North America LFP Battery Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe LFP Battery Sales Quantity by Type (2020-2031)
8.2 Europe LFP Battery Sales Quantity by Application (2020-2031)
8.3 Europe LFP Battery 麻豆原创 Size by Country
8.3.1 Europe LFP Battery Sales Quantity by Country (2020-2031)
8.3.2 Europe LFP Battery Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific LFP Battery Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific LFP Battery Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific LFP Battery 麻豆原创 Size by Region
9.3.1 Asia-Pacific LFP Battery Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific LFP Battery Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America LFP Battery Sales Quantity by Type (2020-2031)
10.2 South America LFP Battery Sales Quantity by Application (2020-2031)
10.3 South America LFP Battery 麻豆原创 Size by Country
10.3.1 South America LFP Battery Sales Quantity by Country (2020-2031)
10.3.2 South America LFP Battery Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa LFP Battery Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa LFP Battery Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa LFP Battery 麻豆原创 Size by Country
11.3.1 Middle East & Africa LFP Battery Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa LFP Battery Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 LFP Battery 麻豆原创 Drivers
12.2 LFP Battery 麻豆原创 Restraints
12.3 LFP Battery Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of LFP Battery and Key Manufacturers
13.2 Manufacturing Costs Percentage of LFP Battery
13.3 LFP Battery Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 LFP Battery Typical Distributors
14.3 LFP Battery Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
CATL
BYD
Gotion High-tech
EVE
REPT
CALB
Great Power
Lishen Battery
Wanxiang A123
ANC
Hithium
Lithion (Valence)
听
听
*If Applicable.