New York, April 28, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Flow Battery Industry" - https://www.reportlinker.com/p05798602/?utm_source=GNW
2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.3 Billion by the year 2025, Redox will bring in healthy gains adding significant momentum to global growth.
- Representing the developed world, the United States will maintain a 35.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$39.9 Million to the region’s size and clout in the next 5 to 6 years. Over US$60.9 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Redox will reach a market size of US$82.1 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 30.4% over the next couple of years and add approximately US$217.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Elestor BV
- EnSync Energy Systems, Inc.
- ESS, Inc.
- GILDEMEISTER Energy Solutions GmbH
- H2 Inc.
- JenaBatteries GmbH
- Kemwatt
- Lockheed Martin Corporation
- nanoFlowcell AG
- Primus Power
- Redflow Ltd.
- RedT Energy PLC
- Sumitomo Electric Industries Ltd.
- UniEnergy Technologies LLC (UET)
- ViZn Energy Systems, Inc.
- Volterion GmbH
- VoltStorage GmbH
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Flow Battery: An Introductory Prelude
Escalating Energy Demand and Rising Importance of Clean Energy
Widen Opportunities for Flow Batteries
Global Energy Demand
Rapidly Evolving Role of Renewables
Global Competitor Market Shares
Flow Battery Competitor Market Share Scenario Worldwide (in %):
2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Utilities Emphasize Flow Battery to Gain Additional Efficiencies
San Diego Gas & Electric?s (SDG&E) Flow Battery Storage System
VRB Energy?s Hubei Zaoyang Project
CellCube?s VRFB Storage System in South Australia
Bushveld-Eskom?s VFRB Power Project in Africa
Electric Vehicles: The High-Potential End-Use Vertical
Flow Battery Extends a Reliable Tool for Military Microgrids
Redox Flow Batteries Seek to Proliferate the Storage Battery
Marketplace
RFB Holds Immense Potential in Mitigating Supply & Demand Issues
Vanadium Flow Batteries: Unveiling the Much Needed Energy
Storage Breakthrough
Vanadium Redox Flow Batteries Benefit Energy-Deprived Areas
VRFBs Demonstrate Efficiency in Sustainable Energy Applications
Bromine Flow Batteries Seek Opportunities
Zinc-Bromine (ZnBr) Chemistry: A Reliable Hybrid Flow Battery
Market to Gain from Novel Research Programs and Technology
Improvements
Utah Researchers Intend to Develop New Generation Flow Batteries
Stanford Researchers Create New Type of Liquid Metal Based Flow
Battery
IBM and ETH Develop Tiny Redox Flow Battery for Electronic
Components
MIT Researchers Come Up with Sulfur Flow Battery for Cost-
Efficient Long-Term Grid Storage
New Product Announcements Spruce Up Market Prospects
Gelion Comes Up with Innovative Zinc Bromine Gel Battery
German Startup VoltStorage to Make Residential Flow Batteries
World?s Smallest Zinc Bromine Flow Batteries from Redflow
Rental Model Seeks to Improve Project Economics
PRODUCT OVERVIEW
Flow Battery: Introduction
Applications
4. GLOBAL MARKET PERSPECTIVE
Table 1: Flow Battery Global Market Estimates and Forecasts in
US$ Thousand by Region/Country: 2018-2025
Table 2: Flow Battery Market Share Shift across Key Geographies
Worldwide: 2019 VS 2025
Table 3: Redox (Type) World Market by Region/Country in US$
Thousand: 2018 to 2025
Table 4: Redox (Type) Market Share Breakdown of Worldwide Sales
by Region/Country: 2019 VS 2025
Table 5: Hybrid (Type) Potential Growth Markets Worldwide in
US$ Thousand: 2018 to 2025
Table 6: Hybrid (Type) Market Sales Breakdown by Region/Country
in Percentage: 2019 VS 2025
Table 7: Vanadium (Material) Geographic Market Spread Worldwide
in US$ Thousand: 2018 to 2025
Table 8: Vanadium (Material) Market Share Distribution in
Percentage by Region/Country: 2019 VS 2025
Table 9: Zinc-Bromine (Material) World Market Estimates and
Forecasts by Region/Country in US$ Thousand: 2018 to 2025
Table 10: Zinc-Bromine (Material) Market Share Breakdown by
Region/Country: 2019 VS 2025
Table 11: Other Materials (Material) World Market by
Region/Country in US$ Thousand: 2018 to 2025
Table 12: Other Materials (Material) Market Share Distribution
in Percentage by Region/Country: 2019 VS 2025
Table 13: Utilities (Application) Sales Estimates and Forecasts
in US$ Thousand by Region/Country for the Years 2018 through
2025
Table 14: Utilities (Application) Global Market Share
Distribution by Region/Country for 2019 and 2025
Table 15: Commercial & Industrial (Application) Global
Opportunity Assessment in US$ Thousand by Region/Country:
2018-2025
Table 16: Commercial & Industrial (Application) Percentage
Share Breakdown of Global Sales by Region/Country: 2019 VS 2025
Table 17: Military (Application) Worldwide Sales in US$
Thousand by Region/Country: 2018-2025
Table 18: Military (Application) Market Share Shift across Key
Geographies: 2019 VS 2025
Table 19: EV Charging Station (Application) Global Market
Estimates & Forecasts in US$ Thousand by Region/Country:
2018-2025
Table 20: EV Charging Station (Application) Market Share
Breakdown by Region/Country: 2019 VS 2025
Table 21: Other Applications (Application) Demand Potential
Worldwide in US$ Thousand by Region/Country: 2018-2025
Table 22: Other Applications (Application) Share Breakdown
Review by Region/Country: 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Flow Battery Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 23: United States Flow Battery Market Estimates and
Projections in US$ Thousand by Type: 2018 to 2025
Table 24: United States Flow Battery Market Share Breakdown by
Type: 2019 VS 2025
Table 25: Flow Battery Market in the United States in US$
Thousand by Material: 2018-2025
Table 26: United States Flow Battery Market Share Breakdown by
Material: 2019 VS 2025
Table 27: United States Flow Battery Latent Demand Forecasts in
US$ Thousand by Application: 2018 to 2025
Table 28: Flow Battery Market Share Breakdown in the United
States by Application: 2019 VS 2025
CANADA
Table 29: Canadian Flow Battery Market Estimates and Forecasts
in US$ Thousand by Type: 2018 to 2025
Table 30: Flow Battery Market in Canada: Percentage Share
Breakdown of Sales by Type for 2019 and 2025
Table 31: Canadian Flow Battery Market Estimates and Forecasts
in US$ Thousand by Material: 2018-2025
Table 32: Canadian Flow Battery Market Shares in Percentages by
Material: 2019 VS 2025
Table 33: Canadian Flow Battery Market Quantitative Demand
Analysis in US$ Thousand by Application: 2018 to 2025
Table 34: Canadian Flow Battery Market Share Analysis by
Application: 2019 VS 2025
JAPAN
Table 35: Japanese Market for Flow Battery: Annual Sales
Estimates and Projections in US$ Thousand by Type for the
Period 2018-2025
Table 36: Japanese Flow Battery Market Share Analysis by Type:
2019 VS 2025
Table 37: Japanese Flow Battery Market Estimates and
Projections in US$ Thousand by Material: 2018-2025
Table 38: Japanese Flow Battery Market Share in Percentages by
Material: 2019 VS 2025
Table 39: Japanese Demand Estimates and Forecasts for Flow
Battery in US$ Thousand by Application: 2018 to 2025
Table 40: Flow Battery Market Share Shift in Japan by
Application: 2019 VS 2025
CHINA
Table 41: Chinese Flow Battery Market Growth Prospects in US$
Thousand by Type for the Period 2018-2025
Table 42: Chinese Flow Battery Market by Type: Percentage
Breakdown of Sales for 2019 and 2025
Table 43: Chinese Demand Estimates and Forecasts for Flow
Battery Market in US$ Thousand by Material: 2018-2025
Table 44: Chinese Flow Battery Market Share Breakdown by
Material: 2019 VS 2025
Table 45: Chinese Demand for Flow Battery in US$ Thousand by
Application: 2018 to 2025
Table 46: Chinese Flow Battery Market Share Breakdown by
Application: 2019 VS 2025
EUROPE
Market Facts & Figures
European Flow Battery Market: Competitor Market Share Scenario
(in %) for 2019 & 2025
Market Analytics
Table 47: European Flow Battery Market Demand Scenario in US$
Thousand by Region/Country: 2018-2025
Table 48: European Flow Battery Market Share Shift by
Region/Country: 2019 VS 2025
Table 49: European Flow Battery Market Estimates and Forecasts
in US$ Thousand by Type: 2018-2025
Table 50: European Flow Battery Market Share Breakdown by Type:
2019 VS 2025
Table 51: Flow Battery Demand Potential in Europe in US$
Thousand by Material: 2018-2025
Table 52: Flow Battery Market in Europe : Breakdown of Sales by
Material for 2019 and 2025
Table 53: European Flow Battery Addressable Market Opportunity
in US$ Thousand by Application: 2018-2025
Table 54: European Flow Battery Market Share Analysis by
Application: 2019 VS 2025
FRANCE
Table 55: Flow Battery Market in France by Type: Estimates and
Projections in US$ Thousand for the Period 2018-2025
Table 56: French Flow Battery Market Share Analysis by Type:
2019 VS 2025
Table 57: Flow Battery Recent Past, Current & Future Market
Analysis in France in US$ Thousand by Material: 2018-2025
Table 58: French Flow Battery Market Share Shift by Material:
2019 VS 2025
Table 59: Flow Battery Quantitative Demand Analysis in France
in US$ Thousand by Application: 2018-2025
Table 60: French Flow Battery Market Share Analysis: A 7-Year
Perspective by Application for 2019 and 2025
GERMANY
Table 61: Flow Battery Market in Germany: Recent Past, Current
and Future Analysis in US$ Thousand by Type for the Period
2018-2025
Table 62: German Flow Battery Market Share Breakdown by Type:
2019 VS 2025
Table 63: German Flow Battery Market Estimates and Projections
in US$ Thousand by Material: 2018-2025
Table 64: German Flow Battery Market Share Distribution by
Material: 2019 VS 2025
Table 65: Flow Battery Market in Germany: Annual Sales
Estimates and Forecasts in US$ Thousand by Application for the
Period 2018-2025
Table 66: Flow Battery Market Share Distribution in Germany by
Application: 2019 VS 2025
ITALY
Table 67: Italian Flow Battery Market Growth Prospects in US$
Thousand by Type for the Period 2018-2025
Table 68: Italian Flow Battery Market by Type: Percentage
Breakdown of Sales for 2019 and 2025
Table 69: Italian Demand Estimates and Forecasts for Flow
Battery Market in US$ Thousand by Material: 2018-2025
Table 70: Italian Flow Battery Market Share Breakdown by
Material: 2019 VS 2025
Table 71: Italian Demand for Flow Battery in US$ Thousand by
Application: 2018 to 2025
Table 72: Italian Flow Battery Market Share Breakdown by
Application: 2019 VS 2025
UNITED KINGDOM
Table 73: United Kingdom Market for Flow Battery: Annual Sales
Estimates and Projections in US$ Thousand by Type for the
Period 2018-2025
Table 74: United Kingdom Flow Battery Market Share Analysis by
Type: 2019 VS 2025
Table 75: United Kingdom Flow Battery Market Estimates and
Projections in US$ Thousand by Material: 2018-2025
Table 76: United Kingdom Flow Battery Market Share in
Percentages by Material: 2019 VS 2025
Table 77: United Kingdom Demand Estimates and Forecasts for
Flow Battery in US$ Thousand by Application: 2018 to 2025
Table 78: Flow Battery Market Share Shift in the United Kingdom
by Application: 2019 VS 2025
REST OF EUROPE
Table 79: Rest of Europe Flow Battery Market Estimates and
Forecasts in US$ Thousand by Type: 2018-2025
Table 80: Rest of Europe Flow Battery Market Share Breakdown by
Type: 2019 VS 2025
Table 81: Flow Battery Demand Potential in Rest of Europe in
US$ Thousand by Material: 2018-2025
Table 82: Flow Battery Market in Rest of Europe: Breakdown of
Sales by Material for 2019 and 2025
Table 83: Rest of Europe Flow Battery Addressable Market
Opportunity in US$ Thousand by Application: 2018-2025
Table 84: Rest of Europe Flow Battery Market Share Analysis by
Application: 2019 VS 2025
ASIA-PACIFIC
Table 85: Flow Battery Market in Asia-Pacific by Type:
Estimates and Projections in US$ Thousand for the Period
2018-2025
Table 86: Asia-Pacific Flow Battery Market Share Analysis by
Type: 2019 VS 2025
Table 87: Flow Battery Recent Past, Current & Future Market
Analysis in Asia-Pacific in US$ Thousand by Material: 2018-2025
Table 88: Asia-Pacific Flow Battery Market Share Shift by
Material: 2019 VS 2025
Table 89: Flow Battery Quantitative Demand Analysis in
Asia-Pacific in US$ Thousand by Application: 2018-2025
Table 90: Asia-Pacific Flow Battery Market Share Analysis:
A 7-Year Perspective by Application for 2019 and 2025
REST OF WORLD
SABIC to Ramp Up Flow Battery Production and Deployments in
Saudi Arabia
Market Analytics
Table 91: Rest of World Flow Battery Market Estimates and
Forecasts in US$ Thousand by Type: 2018 to 2025
Table 92: Flow Battery Market in Rest of World: Percentage
Share Breakdown of Sales by Type for 2019 and 2025
Table 93: Rest of World Flow Battery Market Estimates and
Forecasts in US$ Thousand by Material: 2018-2025
Table 94: Rest of World Flow Battery Market Shares in
Percentages by Material: 2019 VS 2025
Table 95: Rest of World Flow Battery Market Quantitative Demand
Analysis in US$ Thousand by Application: 2018 to 2025
Table 96: Rest of World Flow Battery Market Share Analysis by
Application: 2019 VS 2025
IV. COMPETITION
ESS, INC.
ELESTOR BV
ENSYNC ENERGY SYSTEMS
GILDEMEISTER ENERGY SOLUTIONS GMBH
H2
JENABATTERIES GMBH
KEMWATT
LOCKHEED MARTIN CORPORATION
PRIMUS POWER CORPORATION
REDT ENERGY PLC
REDFLOW
SUMITOMO ELECTRIC INDUSTRIES
UNIENERGY TECHNOLOGIES LLC. (UET)
VIZN ENERGY SYSTEMS, INC. (VIZN)
VOLTSTORAGE GMBH
VOLTERION GMBH
NANOFLOWCELL AG
THYSSENKRUPP AG
ENERVAULT
AQUION ENERGY
ITN ENERGY SYSTEMS
ECHEMION, INC.
I-PULSE, INC.
PU NENG ENERGY
SCHMID GROUP
SEI TRADING INDIA PVT. LTD.
WATTJOULE CORPORATION
ANHUI MEINENG STORE ENERGY SYSTEM CO., LTD.
BEIJING PUNENG CENTURY TECHNOLOGY CO., LTD.
BIG PAWER ELECTRICAL TECHNOLOGY XIANGYANG INC. CO., LTD.
CELL CUBE ENERGY STORAGE SYSTEMS, INC.
V. CURATED RESEARCH
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