Description

The global flow batteries market is poised to grow by US$ 1,463.5 million from 2022 to 2028, registering a CAGR of 28.6% during the forecast period, according to StrategyHelix.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for flow batteries. The global flow batteries market is segmented on the basis of technology, application, end user, and region. By technology, the global flow batteries market has been segmented into vanadium redox flow battery (VRFB), ZnBr battery, others. The vanadium redox flow battery (VRFB) segment was the largest contributor to the global flow batteries market in 2021. Based upon application, the global flow batteries market is categorized into load shifting, microgrid formation, peaking capacity, others. According to the research, the load shifting segment had the largest share in the global flow batteries market. On the basis of end user, the global flow batteries market has been segmented into commercial, residential, utility. The utility segment held the largest revenue share in 2021. In terms of geography, the global flow batteries market has been segmented into Asia Pacific, Europe, North America, Rest of the World (RoW). Globally, Asia Pacific made up the largest share of the flow batteries market.

The global flow batteries market is highly competitive. As of 2021, the major players in the global flow batteries market were Dalian Rongke Power Co. Ltd., ESS Inc., Primus Power Corporation, Redflow Limited, SCHMID Group, Sumitomo Electric Industries Ltd., UniEnergy Technologies LLC (UET). Competitive landscape gives a description of the competitive nature of the global flow batteries market and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the flow batteries market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Technology: vanadium redox flow battery (VRFB), ZnBr battery, others
Application: load shifting, microgrid formation, peaking capacity, others
End user: commercial, residential, utility
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Company mentioned: Dalian Rongke Power Co. Ltd., ESS Inc., Primus Power Corporation, Redflow Limited, SCHMID Group, Sumitomo Electric Industries Ltd., UniEnergy Technologies LLC (UET)

Key Benefits for Stakeholders

– Get a comprehensive picture of the global flow batteries market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Flow batteries market overview
Part 3. Market breakdown by technology
– Vanadium redox flow battery (VRFB)
– ZnBr battery
– Others
Part 4. Market breakdown by application
– Load shifting
– Microgrid formation
– Peaking capacity
– Others
Part 5. Market breakdown by end user
– Commercial
– Residential
– Utility
Part 6. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 7. Key companies
– Dalian Rongke Power Co., Ltd.
– ESS Inc.
– Primus Power Corporation
– Redflow Limited
– SCHMID Group
– Sumitomo Electric Industries, Ltd.
– UniEnergy Technologies, LLC (UET)
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