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.
Scope of the Report:This report focuses on the Flow Batteries in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 batteriesÕ 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 worldwide market for Flow Batteries is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers 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
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Redox
Hybrid
Membrane Less
Market Segment by Applications, can be divided into Power
Automotive
Industrial
Residential
Others
There are 15 Chapters to deeply display the global Flow Batteries market.
Chapter 1, to describe Flow Batteries Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Flow Batteries, with sales, revenue, and price of Flow Batteries, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Flow Batteries, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Flow Batteries market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Flow Batteries sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.