A flow battery, or redox flow battery , is a type of electrochemical cell where chemical energy is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane.
New electricity generating capacity of local renewable energy producers, such as solar and wind, which experience fluctuating power output will generate the need for flow batteries’ storage systems as they provide frequency regulation and voltage support for utilities.
In the coming years, Western Europe, Japan and United States are expected to register significant growth, due to growing environmental concerns and significant demand for industrial applications.
APEJ is expected to register significant growth due to the growing demand for flow batteries from end user applications in developing countries, such as China and India. The APEJ market is expected to witness significant growth in the coming years, owing to frequent power outages in the countries and ongoing investment in large scale energy storage systems.
The Flow Batteries market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flow Batteries.
This report presents the worldwide Flow Batteries market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
EnerVault
Imergy Power Systems
Primus Power
Prudent Energy
Aquion Energy
EnSync Energy Systems
Redflow
Sumitomo Electric
UniEnergy Technologies
Vionx Energy
ESS
Gildemeister Energy Solutions
RedFlow
redT Energy
SCHMID
ViZn Energy
EnSync Energy
Flow Batteries Breakdown Data by Type
Redox
Hybrid
Membrane Less
Flow Batteries Breakdown Data by Application
Power
Automotive
Industrial
Residential
Others
Flow Batteries Production by Region
United States
Europe
China
Japan
Other Regions
Flow Batteries Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Flow Batteries status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Flow Batteries manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Flow Batteries :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Flow Batteries market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Flow Batteries. Industry analysis & Market Report on Flow Batteries is a syndicated market report, published as Global Flow Batteries Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Flow Batteries market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.