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Flow Battery Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 170
Delivery Format: PDF+EXCEL

$2,950.00

An electrical storage device – a flow battery is a cross between a conventional battery and a fuel cell. Such batteries are well suited for various micro grid applications and in the area of renewable energy. Many countries are constantly focusing on making high investment in the energy sources of alternative power. Having an advantage in instant capability of recharge along with extended life-span of nearly 20 years, the flow batteries have been crucial to numerous industrial applications. Surging demand for different applications of energy storage is a primary factor fueling growth of the industry. Benefit like easy electrolytes replaceability of flow batteries has made these batteries a better substitute for lithium-ion, lead-acid, or solid-state batteries. Flow batteries are widely used in several end-user industries such as automobile, telecommunication, military & defense, etc.

Flow Battery Market: Dynamics

Fast recharge capability, extended lifecycle, and longer hours of discharge are the crucial factors accelerating the overall growth in the flow battery market. Large scale energy storage is required as an import for integrating different sources of renewable energy into the electricity grid. Increasing investment and rising focus on several sources of renewable energy is another factor triggering demand for flow batteries. Moreover, the global market for flow batteries has been predicted to experience a steadfast growth during the estimated era, owing to the rising use of different types of flow batteries in numerous applications of electric vehicle. Additionally, soaring demand from various utility sectors, and distinct inherent advantages of flow battery in various industrial applications are boosting the industry’s growth. Furthermore, growing investment in the applications of military & defense, rising government support, and increasing investment in R&D activities are further encouraging the revenue growth of the market.

Flow Battery Market: Regional Outlook

Region wise, the global market is segmented into Asia Pacific, North America, Europe, South America, and the Middle East & Africa. In terms of market revenue share, North America accounted for the highest industry share in the flow battery market in the year 2016. Another region, Asia Pacific is growing at a fast rate in the market because of the vendors’ approach in expanding their businesses across several countries. Moreover, rising use of flow batteries in data centers, and different applications of electric and commercial vehicle across several parts of the Asia Pacific region is further contributing to the industry growth.

Major Players include:

  • EnerVault (U.S.)
  • Vanadis Power GmbH (Germany)
  • Vionx Energy Corporation (U.S)
  • I-Pulse Inc. (U.S)
  • Redflow Energy Storage Solutions (Australia)
  • UniEnergy Technologies, LLC. (U.S)
  • SCHMID (Germany)
  • Sumitomo Electric Industries, Ltd (Japan)
  • ESS, Inc. (U.S)
  • ViZn Energy, Inc. (U.S)

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Regional Analysis includes:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa

Report Highlights:

  • Detailed overview of the market
  • Changing dynamics of the market
  • Market segmentation
  • Regional landscape of the market
  • Evaluation of the market based on the present and past data collected
  • Historical, present, and projected market, in terms of volume and value
  • Recent trends and developments in the market
  • Competitive landscape
  • Strategies adopted by key players and products offered by them

    Flow Battery Market Report Scope and Segmentation

    ATTRIBUTESDETAILS
    ESTIMATED YEAR2022
    BASE YEAR2021
    FORECAST YEAR2030
    HISTORICAL YEAR2017-2021
    UNITValue (USD Million/Billion)
    BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Flow battery Market: Segmentation

This report studies and forecasts the growth of the market in terms of revenue, at global, regional, and country levels. The report attempts to analyze trends in each segment and sub-segment from 2017 to 2030. For this study, Reports and Data has segmented the flow battery market based on type and application as follows.

By Type

  • Redox
  • Hybrid

By Application,

  • Utilities
  • Commercial
  • Industrial
  • Military
  • EV Charging Station
  • Off Grid & Microgrid Power
  • Others

Table Of Content

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Flow Battery Market, By Product Type

5.1 Introduction

5.2 Redox

5.2.1 Market Estimates & Forecast, 2020–2027

5.2.2 Market Estimates & Forecast, By Region, 2020–2027

5.3 Hybrid

5.3.1 Market Estimates & Forecast, 2020–2027

5.3.2 Market Estimates & Forecast, By Region, 2020–2027

6 Global Flow Battery Market, By Material Type

6.1 Introduction

6.2 Vanadium

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, By Region, 2020–2027

6.3 Zinc-Bromine

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, By Region, 2020–2027

7 Global Flow Battery Market, By Storage Type

7.1 Introduction

7.2 Compact

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, By Region, 2020–2027

7.3 Large-Scale

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, By Region, 2020–2027

8 Global Flow Battery Market, By Application

8.1 Introduction

8.2 Industrial & Commercial

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, By Region, 2020–2027

8.3 Defense

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, By Region, 2020–2027

8.4 Utilities

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, By Region, 2020–2027

8.5 Others

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, By Region, 2020–2027

9 Global Flow Battery Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.2.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.2.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.2.5 Market Estimates & Forecast, By Application, 2020–2027

9.2.6 US

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.2.6.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.2.6.5 Market Estimates & Forecast, By Application, 2020–2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.2.7.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.2.7.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.2.7.4 Market Estimates & Forecast, By Application, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.5 Market Estimates & Forecast, By Application, 2020–2027

9.3.6 UK

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.6.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.6.5 Market Estimates & Forecast, By Application, 2020–2027

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.7.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.7.5 Market Estimates & Forecast, By Application, 2020–2027

9.3.8 France

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.8.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.8.5 Market Estimates & Forecast, By Application, 2020–2027

9.3.9 Italy

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.9.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.9.5 Market Estimates & Forecast, By Application, 2020–2027

9.3.10 Rest Of Europe

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.3.10.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.3.10.5 Market Estimates & Forecast, By Application, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.4.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.4.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.4.5 Market Estimates & Forecast, By Application, 2020–2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.4.6.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.4.6.5 Market Estimates & Forecast, By Application, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.4.7.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.4.7.5 Market Estimates & Forecast, By Application, 2020–2027

9.4.8 India

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.4.8.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.4.8.5 Market Estimates & Forecast, By Application, 2020–2027

9.4.9 Rest Of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.4.9.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.4.9.5 Market Estimates & Forecast, By Application, 2020–2027

9.5 Rest Of The World

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, By Product Type, 2020–2027

9.5.3 Market Estimates & Forecast, By Material Type, 2020–2027

9.5.4 Market Estimates & Forecast, By Storage Type, 2020–2027

9.5.5 Market Estimates & Forecast, By Application, 2020–2027

10 Competitive Landscape

11 Company Profile

12.1 ESS Inc.

12.1.1 Company Overview

12.1.2 Product/Services Offering

12.1.3 Financial Overview

12.1.4 Key Developments

12.1.5 Strategy

12.1.6 SWOT Analysis

12.2 Gildemeister Energy Solutions

12.2.1 Company Overview

12.2.2 Product /Services Offering

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 Strategy

12.2.6 SWOT Analysis

12.3 Redflow Limited

12.3.1 Company Overview

12.3.2 Product /Services Offering

12.3.3 Financial Overview

12.3.4 Key Developments

12.3.5 Strategy

12.3.6 SWOT Analysis

12.4 Primus Power

12.4.1 Company Overview

12.4.2 Product /Services Offering

12.4.3 Financial Overview

12.4.4 Key Developments

12.4.5 Strategy

12.4.6 SWOT Analysis

12.5 RedT Energy PLC

12.5.1 Company Overview

12.5.2 Product /Services Offering

12.5.3 Financial Overview

12.5.4 Key Developments

12.5.5 Strategy

12.5.6 SWOT Analysis

12.6 Sumitomo Electric Industries, Ltd

12.6.1 Company Overview

12.6.2 Product /Services Offering

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 Strategy

12.6.6 SWOT Analysis

12.7 ViZn Energy Systems

12.7.1 Company Overview

12.7.2 Product /Services Offering

12.7.3 Financial Overview

12.7.4 Key Developments

12.7.5 Strategy

12.7.6 SWOT Analysis

12.8 EnSync Energy Systems

12.8.1 Company Overview

12.8.2 Product /Services Offering

12.8.3 Financial Overview

12.8.4 Key Developments

12.8.5 Strategy

12.8.6 SWOT Analysis

12.9 Schmid

12.9.1 Company Overview

12.9.2 Product /Services Offering

12.9.3 Financial Overview

12.9.4 Key Developments

12.9.5 Strategy

12.9.6 SWOT Analysis

12.10 Elestor

12.10.1 Company Overview

12.10.2 Product /Services Offering

12.10.3 Financial Overview

12.10.4 Key Developments

12.10.5 Strategy

12.10.6 SWOT Analysis

Segmentation

By Type

  • Redox
  • Hybrid

By Application,

  • Utilities
  • Commercial
  • Industrial
  • Military
  • EV Charging Station
  • Off Grid & Microgrid Power
  • Others

Major Companies

  • EnerVault (U.S.)
  • Vanadis Power GmbH (Germany)
  • Vionx Energy Corporation (U.S)
  • I-Pulse Inc. (U.S)
  • Redflow Energy Storage Solutions (Australia)
  • UniEnergy Technologies, LLC. (U.S)
  • SCHMID (Germany)
  • Sumitomo Electric Industries, Ltd (Japan)
  • ESS, Inc. (U.S)
  • ViZn Energy, Inc. (U.S)
  • Others

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