India Lithium Iron Phosphate Batteries Market Report 2024: Market is Expected to Reach INR 68.75 Billion by 2028 from INR 32.95 billion in 2022 - Rising Environmental Concerns Drive Demand - ResearchAndMarkets.com
The "Lithium Iron Phosphate Batteries Market in India, 2024" report has been added to ResearchAndMarkets.com's offering.
- The "Lithium Iron Phosphate Batteries Market in India, 2024" report has been added to ResearchAndMarkets.com's offering.
- The Lithium-Iron Phosphate battery market was valued at INR 32.95 billion in 2022.
- It is expected to reach INR 68.75 billion by 2028, expanding at a CAGR of ~12.05% during the 2023 - 2028 period.
- LiFePO4 batteries find extensive use in storing energy generated from renewable sources like solar and wind, offering a dependable and eco-friendly energy storage solution.