Prismatic LiFePO4 Battery Market: Adoption of Innovative Offerings to Boost Returns on Investment

Worldwide Market Reports added Latest Research Report titled “Prismatic LiFePO4 Battery Market – Size, Share, Outlook, and Forecast till 2026” to its Large Report database.

Prismatic LiFePO4 battery is a type of lithium-ion battery that make optimal use of space by using the layered approach. The decreased mechanical stability from the cylindrical design that results in small capacity drop is compensated by a slightly thicker wall size. This loss is recovered by optimizing use of space. The electrodes are either stacked or in the form of a flattened spiral and they are generally designed to have a very thin profile for use in small electronic devices such as mobile phones. These batteries are used in power banks, electric vehicles, laptop battery packs, and various other applications.

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Thermal and chemical stability, better space utilization, higher current or peak-power rating, reduction in environmental concerns due to use of phosphates, and flexible design are some of the major factors increasing demand for prismatic LiFePO4 batteries, thereby driving growth of prismatic LiFePO4 battery market.

However, lower energy density, high manufacturing costs, shorter cycle life, less efficiency in thermal management, and more vulnerability to swelling are some of the factors restraining growth of prismatic LiFePO4 battery market.

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Key Developments in Prismatic LiFePO4 Battery Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the prismatic LiFePO4 battery market. On February 7, 2018, expanding its P-series range, Panasonic India launched a new smartphone ‘P100’ in two storage variants. Also, on February 5, 2018, Panasonic launched its new range of intelligent inverter refrigerator equipped with ECONAVI technology.

On March 20, 2018, Samsung SDI launched its new ESS product, including high-capacity 111Ah ESS battery cell, with substantially enhanced energy density. Also, Samsung SDI exhibited new ESS products such as ESS cells, high-capacity ESS, high-power ESS, and residential ESS at the Energy Storage Europe 2018 held in Düsseldorf, Germany.

On January 16, 2018, OptimumNano, one of the largest lithium battery manufacturer in China, won the lithium ion Golden Globe Awards.

Some of the key players operating in the prismatic LiFePO4 battery market include Panasonic (Sanyo), Samsung SDI, LG Chem, Sony, Wanxiang Group(A123), Hitachi, Tianjin Lishen, Hefei Guoxuan, LARGE, OptimumNano, DLG Electronics, Zhuoneng New Energy, CHAM BATTERY, and Padre Electronic among others.

Some Table of Content (ToC) points of Prismatic LiFePO4 Battery Market Report:

Prismatic LiFePO4 Battery Market Research Objective and Assumption

Prismatic LiFePO4 Battery Market Purview – Report Description, Executive Summary, and Coherent Opportunity Map (COM)

Prismatic LiFePO4 Battery Market Dynamics, Regulations, and Trends Analysis – Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis

Global Prismatic LiFePO4 Battery Market Name, By Regions

Prismatic LiFePO4 Battery Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.

Prismatic LiFePO4 Battery Market industry Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.

Prismatic LiFePO4 Battery Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.

Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers

Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.

Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.

Prismatic LiFePO4 Battery Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.

Research Findings and Conclusion

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Key Reasons to Purchase:

  • To gain insightful analyses of the market and have comprehensive understanding of the Prismatic LiFePO4 Battery Market and its commercial landscape.

  • Assess the Prismatic LiFePO4 Battery Market production processes, major issues, and solutions to mitigate the development risk.

  • To understand the most affecting driving and restraining forces in the Prismatic LiFePO4 Battery Market and its impact in the global market.

  • Learn about the market strategies that are being adopted by leading respective organizations.

  • To understand the outlook and prospects for Prismatic LiFePO4 Battery Market.

In conclusion, Prismatic LiFePO4 Battery Market report presents the descriptive analysis of the parent market based on elite players, present, past and futuristic data which will serve as a profitable guide for all the Prismatic LiFePO4 Battery Market competitors.

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