Lithium Iron Phosphate Batteries Market Forecast to Surpass $35.5 billion by 2028
According to a research report the Lithium Iron Phosphate Batteries Market is projected to reach USD 35.5 billion by 2028 from an estimated USD 17.7 billion in 2023, at a CAGR of 14.9% during the forecast period.
Lithium Iron Phosphate (LiFePO4) batteries, also known as LFP batteries, are a type of rechargeable lithium-ion battery chemistry. They are composed of a cathode made of lithium iron...