Feb 25, 2020   SOURCE: BusinessWire

Global Flow Battery Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

The "Flow Battery - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Flow Battery market worldwide is projected to grow by US$1.3 Billion, driven by a compounded growth of 31.7%.

Redox, one of the segments analyzed and sized in this study, displays the potential to grow at over 32.2%. 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

Key Topics Covered:

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

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Flow Battery Market Share (in %) by Company: 2019 & 2025
  • Market Analytics

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Flow Battery Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

  • SABIC to Ramp Up Flow Battery Production and Deployments in Saudi Arabia
  • Market Analytics

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/n0axn6