Lithium Iron Phosphate Battery Market Size Report, 2030
Market Size & Trends . The global lithium iron phosphate (LiFePO4) battery market size was estimated at USD 8.25 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030. An increasing demand for hybrid electric vehicles (HEVs) and electric vehicles (EVs) on account of rising environmental concerns, …
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