Report Detail
Global Redox Flow Battery Market Growth 2019-2024
- RnM2988965 |
- 20 February, 2019 |
- Global |
- 137 Pages |
- LPI(LP Information) |
- Energy & Power
A flow battery, or redox flow battery (after reduction–oxidation), is a type of rechargeable battery where recharge ability is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane. Ion exchange (providing flow of electric current) occurs through the membrane while both liquids circulate in their own respective space. Cell voltage is chemically determined by the Nernst equation and ranges, in practical applications, from 1.0 to 2.2 volts. The performance of these devices is governed by the considerations of electrochemical engineering.
North America and Asia-Pacific are the two largest countries with flow batteries Installation Capacity in the world, both the two countries take more than 80% of the world in 2017. Europe behind them, with about 15.09% market share.
There are more than seven main types of flow batteries in mass production or development stage in the market now. Vanadium Flow Battery is the main types, which can occupied about 70 percent revenue market share.
Currently, Sumitomo Electric, Dalian Rongke Power are the top two companies and lead in flow batteries with 29.33% and 19.29% revenue market share in 2017, respectively.
According to this study, over the next five years the Redox Flow Battery market will register a 14.1% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Redox Flow Battery business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Redox Flow Battery market by product type, application, key manufacturers and key regions and countries.
This study considers the Redox Flow Battery value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Vanadium Redox Flow Battery
Hybrid Flow Battery
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Utility Facilities
Renewable Energy Integration
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sumitomo Electric
Dalian Rongke Power
UniEnergy Technologies
Gildemeister
Primus Power
redTENERGY Storage
EnSync
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Redox Flow Battery consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Redox Flow Battery market by identifying its various subsegments.
Focuses on the key global Redox Flow Battery manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Redox Flow Battery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Redox Flow Battery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Redox Flow Battery Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Redox Flow Battery Consumption 2014-2024
- 2.1.2 Redox Flow Battery Consumption CAGR by Region
- 2.2 Redox Flow Battery Segment by Type
- 2.2.1 Vanadium Redox Flow Battery
- 2.2.2 Hybrid Flow Battery
- 2.3 Redox Flow Battery Consumption by Type
- 2.3.1 Global Redox Flow Battery Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Redox Flow Battery Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Redox Flow Battery Sale Price by Type (2014-2019)
- 2.4 Redox Flow Battery Segment by Application
- 2.4.1 Utility Facilities
- 2.4.2 Renewable Energy Integration
- 2.4.3 Others
- 2.5 Redox Flow Battery Consumption by Application
- 2.5.1 Global Redox Flow Battery Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Redox Flow Battery Value and Market Share by Application (2014-2019)
- 2.5.3 Global Redox Flow Battery Sale Price by Application (2014-2019)
3 Global Redox Flow Battery by Players
- 3.1 Global Redox Flow Battery Sales Market Share by Players
- 3.1.1 Global Redox Flow Battery Sales by Players (2017-2019)
- 3.1.2 Global Redox Flow Battery Sales Market Share by Players (2017-2019)
- 3.2 Global Redox Flow Battery Revenue Market Share by Players
- 3.2.1 Global Redox Flow Battery Revenue by Players (2017-2019)
- 3.2.2 Global Redox Flow Battery Revenue Market Share by Players (2017-2019)
- 3.3 Global Redox Flow Battery Sale Price by Players
- 3.4 Global Redox Flow Battery Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Redox Flow Battery Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Redox Flow Battery Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Redox Flow Battery by Regions
- 4.1 Redox Flow Battery by Regions
- 4.1.1 Global Redox Flow Battery Consumption by Regions
- 4.1.2 Global Redox Flow Battery Value by Regions
- 4.2 Americas Redox Flow Battery Consumption Growth
- 4.3 APAC Redox Flow Battery Consumption Growth
- 4.4 Europe Redox Flow Battery Consumption Growth
- 4.5 Middle East & Africa Redox Flow Battery Consumption Growth
5 Americas
- 5.1 Americas Redox Flow Battery Consumption by Countries
- 5.1.1 Americas Redox Flow Battery Consumption by Countries (2014-2019)
- 5.1.2 Americas Redox Flow Battery Value by Countries (2014-2019)
- 5.2 Americas Redox Flow Battery Consumption by Type
- 5.3 Americas Redox Flow Battery Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Redox Flow Battery Consumption by Countries
- 6.1.1 APAC Redox Flow Battery Consumption by Countries (2014-2019)
- 6.1.2 APAC Redox Flow Battery Value by Countries (2014-2019)
- 6.2 APAC Redox Flow Battery Consumption by Type
- 6.3 APAC Redox Flow Battery Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Redox Flow Battery by Countries
- 7.1.1 Europe Redox Flow Battery Consumption by Countries (2014-2019)
- 7.1.2 Europe Redox Flow Battery Value by Countries (2014-2019)
- 7.2 Europe Redox Flow Battery Consumption by Type
- 7.3 Europe Redox Flow Battery Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Redox Flow Battery by Countries
- 8.1.1 Middle East & Africa Redox Flow Battery Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Redox Flow Battery Value by Countries (2014-2019)
- 8.2 Middle East & Africa Redox Flow Battery Consumption by Type
- 8.3 Middle East & Africa Redox Flow Battery Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Redox Flow Battery Distributors
- 10.3 Redox Flow Battery Customer
11 Global Redox Flow Battery Market Forecast
- 11.1 Global Redox Flow Battery Consumption Forecast (2019-2024)
- 11.2 Global Redox Flow Battery Forecast by Regions
- 11.2.1 Global Redox Flow Battery Forecast by Regions (2019-2024)
- 11.2.2 Global Redox Flow Battery Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Redox Flow Battery Forecast by Type
- 11.8 Global Redox Flow Battery Forecast by Application
12 Key Players Analysis
- 12.1 Sumitomo Electric
- 12.1.1 Company Details
- 12.1.2 Redox Flow Battery Product Offered
- 12.1.3 Sumitomo Electric Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Sumitomo Electric News
- 12.2 Dalian Rongke Power
- 12.2.1 Company Details
- 12.2.2 Redox Flow Battery Product Offered
- 12.2.3 Dalian Rongke Power Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Dalian Rongke Power News
- 12.3 UniEnergy Technologies
- 12.3.1 Company Details
- 12.3.2 Redox Flow Battery Product Offered
- 12.3.3 UniEnergy Technologies Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 UniEnergy Technologies News
- 12.4 Gildemeister
- 12.4.1 Company Details
- 12.4.2 Redox Flow Battery Product Offered
- 12.4.3 Gildemeister Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Gildemeister News
- 12.5 Primus Power
- 12.5.1 Company Details
- 12.5.2 Redox Flow Battery Product Offered
- 12.5.3 Primus Power Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Primus Power News
- 12.6 redTENERGY Storage
- 12.6.1 Company Details
- 12.6.2 Redox Flow Battery Product Offered
- 12.6.3 redTENERGY Storage Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 redTENERGY Storage News
- 12.7 EnSync
- 12.7.1 Company Details
- 12.7.2 Redox Flow Battery Product Offered
- 12.7.3 EnSync Redox Flow Battery Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 EnSync News
...
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Redox Flow Battery . Industry analysis & Market Report on Redox Flow Battery is a syndicated market report, published as Global Redox Flow Battery Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Redox Flow Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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