Global Redox Flow Batteries Market to reach USD 378.7 million by 2026

Global Redox Flow Batteries Market Size Study By Material (Vanadium, Zinc–Bromine, Others) By Storage (Compact, Large Scale) By Power Range (Up to 50 MW, 50MW -100MW, More than 100 MW) By Application (Utilities, Commercial & Industrial, Military, EV Charging, Station, Others) and Regional Forecasts 2019-2026
Product Code:  EESAC_54750726
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1.	Redox Flow Batteries Market, by Region, 2017-2026 (USD Billion)
1.2.2.	Redox Flow Batteries Market, by Material, 2017-2026 (USD Billion)
1.2.3.	Redox Flow Batteries Market, by Storage, 2017-2026 (USD Billion)
1.2.4.	Redox Flow Batteries Market, by Power Range, 2017-2026 (USD Billion)

1.2.5.	Redox Flow Batteries Market, by Application, 2017-2026 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology    
1.5.	Research Assumption
Chapter 2.	Global Redox Flow Batteries Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Redox Flow Batteries Market Dynamics	
3.1.	Redox Flow Batteries Market Impact Analysis (2018-2026)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Redox Flow Batteries Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Redox Flow Batteries Market, by Material 
5.1.	Market Snapshot 
5.2.	Global Redox Flow Batteries Market by Material, Performance - Potential Analysis
5.3.	Global Redox Flow Batteries Market Estimates & Forecasts by Material 2016-2026 (USD Billion)
5.4.	Redox Flow Batteries Market, Sub Segment Analysis
5.4.1.	  Vanadium  
5.4.2.	Zinc–Bromine 
5.4.3.	Others 
Chapter 6.	Global Redox Flow Batteries Market, by Storage          
6.1.	Market Snapshot 
6.2.	Global Redox Flow Batteries Market by Storage, Performance - Potential Analysis
6.3.	Global Redox Flow Batteries Market Estimates & Forecasts by Storage 2016-2026 (USD Billion)
6.4.	Redox Flow Batteries Market, Sub Segment Analysis
6.4.1.	  Compact 
6.4.2.	Large Scale
Chapter 7.	Global Redox Flow Batteries Market, by  Power Range
7.1.	Market Snapshot 
7.2.	Global Redox Flow Batteries Market by Power Range, Performance - Potential Analysis
7.3.	Global Redox Flow Batteries Market Estimates & Forecasts by Power Range 2016-2026 (USD Billion)
7.4.	Redox Flow Batteries Market, Sub Segment Analysis
7.4.1.	   Up to 50 MW 
7.4.2.	50MW -100MW 
7.4.3.	More than 100 MW 
Chapter 8.	Global Redox Flow Batteries Market, by Application          
8.1.	Market Snapshot 
8.2.	Global Redox Flow Batteries Market by Application, Performance - Potential Analysis
8.3.	Global Redox Flow Batteries Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
8.4.	Redox Flow Batteries Market, Sub Segment Analysis
8.4.1.	   Utilities 
8.4.2.	Commercial & Industrial 
8.4.3.	Military 
8.4.4.	EV Charging 
8.4.5.	Station 
8.4.6.	Others

Chapter 9.	Global Redox Flow Batteries Market, Regional Analysis
9.1.	Redox Flow Batteries Market, Regional Market Snapshot 
9.2.	North America Redox Flow Batteries Market 
9.2.1.	U.S. Redox Flow Batteries Market
9.2.1.1.	 Material breakdown estimates & forecasts, 2016-2026 
9.2.1.2.	 Storage breakdown estimates & forecasts, 2016-2026 
9.2.1.3.	Power Range breakdown estimates & forecasts, 2016-2026
9.2.1.4.	Application breakdown estimates & forecasts, 2016-2026
9.2.2.	Canada Redox Flow Batteries Market
9.3.	Europe Redox Flow Batteries Market Snapshot
9.3.1.	U.K. Redox Flow Batteries Market 
9.3.2.	Germany Redox Flow Batteries Market
9.3.3.	Rest of Europe Redox Flow Batteries Market
9.4.	Asia-Pacific Redox Flow Batteries Market Snapshot
9.4.1.	China Redox Flow Batteries Market 
9.4.2.	India Redox Flow Batteries Market 
9.4.3.	Japan Redox Flow Batteries Market
9.4.4.	Rest of Asia Pacific Redox Flow Batteries Market
9.5.	Latin America Redox Flow Batteries Market Snapshot
9.5.1.	Brazil Redox Flow Batteries Market
9.5.2.	Mexico Redox Flow Batteries Market
9.6.	Rest of The World Redox Flow Batteries Market

Chapter 10.	Competitive Intelligence
10.1.	Top Market Strategies
10.2.	Company Profiles
10.2.1.	  Redt Energy
10.2.1.1.	Key Information
10.2.1.2.	Overview
10.2.1.3.	Financial (Subject to Data Availability)
10.2.1.4.	Product Summary
10.2.1.5.	Recent Developments
10.2.2.	   Gildemeister Energy Solutions
10.2.3.	 Sumitomo Electric
10.2.4.	 Unienergy Technologies
10.2.5.	 Vizn Energy Systems
10.2.6.	 Ensync Energy Systems
10.2.7.	ESS Inc
10.2.8.	 Primus Power
10.2.9.	Redflow
10.2.10.	 Schmid
10.2.11.	Vionx Energy
Chapter 11.	Research Process
11.1.	Research Process
11.1.1.	Data Mining
11.1.2.	Analysis
11.1.3.	Market Estimation
11.1.4.	Validation
11.1.5.	Publishing
11.2.	Research Attributes
11.3.	Research Assumption

Global Redox Flow Batteries Market valued approximately USD 130 million in 2018 is anticipated to grow with a healthy growth rate of more than 14.3% over the forecast period 2019-2026. Redox flow batteries (RFBs) retain most of their initial value vowing to the possibility to recycle their core components more easily than other battery chemistries. And these can be estimated as the driving factors for the redox flow batteries market. Some RFB chemistries, based on vanadium, are already commercial and set to capture most of the market value. Other chemistries, like zinc/bromine and hydrogen/bromine, have the potential to capture significant portions of the market. Vanadium redox flow batteries are widely used for the large-scale energy storage applications on account of its high efficiency, flexible design, better safety standards, and long life cycle. These batteries have prolonged service life owing to fewer degradation of electrodes and electrolytes; Thus, they are preferably used in the power grid systems. Increasing investment for renewable energy coupled with rise in installations of solar and wind power generation plant is propelling the demand for redox flow batteries. Increasing investment in renewables is accelerating the demand for better energy storage systems such as vanadium redox flow batteries for storing energy. As per India Brand Equity Foundation in 2018, government of India is planning to invest around USD 80 billion to achieve 225 GW of renewable energy capacity by 2022. Moreover, as per Clean Energy Wire in 2019, China has invested USD 100.1 billion in renewables. Thus, increasing investment in renewables by different countries would accelerate the adoption of redox flow batteries for storing energy. Furthermore, technological innovation in the redox flow batteries is expected to create significant growth opportunity in the market over the forecast period. Whereas, high cost of the redox flow batteries is likely to impede the market growth over the forecast period.

The regional analysis of global redox flow batteries market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high number of redox flow batteries installation in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors increasing investment in large scale energy storage capacity coupled with supportive reforms, regulations and initiatives in the region for accelerating the power sector would create lucrative growth prospects for the redox flow batteries market across Asia-Pacific region.

Major market player included in this report are:
redt energy
Gildemeister Energy Solutions
Sumitomo Electric
Unienergy Technologies
Vizn Energy Systems
Ensync Energy Systems
ESS Inc
Primus Power
Redflow
Schmid
Vionx Energy

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material
Vanadium
Zinc–Bromine
Others
By Storage
Compact
Large Scale
By Power Range
Up to 50 MW
50MW -100MW
More than 100 MW
By Application
Utilities
Commercial & Industrial
Military
EV Charging
Station
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Redox Flow Batteries in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


We offer 10% free customization including country-level data, niche applications and competitive landscape with every report. This also includes a 30 minute free analyst discussion post report purchase.

Full Name*

Business Email* (Please avoid generic email IDs such as gmail, yahoo)

Phone* (Please Affix Country Code)

Need specific market information? To get a customized report, please share your exact research requirements.



Loading…