Guoxuan High-tech Power Energy

Oct 20, 2021

News provided by Share this article Share this article SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled  "Lithium Iron Phosphate Battery - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Lithium Iron Phosphate Battery Executive Pool: 443 Companies: 25 - Players covered include A123 Systems LLC; Benergy Tech Co., Ltd.; Bharat Power Solutions; BYD Co., Ltd.; Contemporary Amperex Technology Co., Limited; Electric Vehicle Power System Technology Co., Ltd. (EVPST); HeFei GuoXuan High-Tech Power Energy Co Ltd; Johnson Matthey Battery Systems; OptimumNano Energy Co., Ltd.; Pihsiang Energy Technology Co., Ltd.; Pylon Technologies Co., Ltd. and Others. Coverage: All major geographies and key segments Segments: Application (Consumer Electronics, Electric vehicles & Hybrid Electric Vehicles, Renewable Power Generation, Other Applications); Raw Material (Ethylene Carbonate, Phosphorous Trichloride, Phosphorous Pentachloride, Graphite, Lithium Fluoride, Lithium Iron Phosphate, Polyvinylidene Fluoride, Other Raw Materials) Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World. Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry ABSTRACT- Global Lithium Iron Phosphate Battery Market to Reach $24.9 Billion by 2026 Amid the COVID-19 crisis, the global market for Lithium Iron Phosphate Battery estimated at US$8 Billion in the year 2020, is projected to reach a revised size of US$24.9 Billion by 2026, growing at a CAGR of 20.7% over the analysis period. Ethylene Carbonate, one of the segments analyzed in the report, is projected to record a 19.8% CAGR and reach US$5.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Phosphorous Trichloride segment is readjusted to a revised 22.2% CAGR for the next 7-year period. The U.S. Market is Estimated at $2.9 Billion in 2021, While China is Forecast to Reach $4.3 Billion by 2026 The Lithium Iron Phosphate Battery market in the U.S. is estimated at US$2.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2026 trailing a CAGR of 19.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.6% and 17.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR. Phosphorous Pentachloride Segment to Reach US$1.6 Billion by the year 2026 In the global Phosphorous Pentachloride segment, USA, Canada, Japan, China and Europe will drive the 19.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$426.7 Million in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More MarketGlass™ Platform Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide. Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on  iOS  or  Android About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years. CONTACTS: