Redox Flow Battery Market - Size | Share, Trends, Revenue, Statistics, Key Companies by Regions and Forecast Analysis till 2020-2025
The research report gives an overview of “Redox Flow Battery Market” by analysing various key segments of this Redox Flow Battery market based on the trends, types and applications, and end-use industries. The report presents a detailed analysis of the parent market based on key players, sales, revenue, and price analysis of top manufacturers which will serve as a profitable guide for all the Redox Flow Battery market competitors.
Regions covered in the Redox Flow Battery Market report are USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa.
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Know About Redox Flow Battery Market:
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.The Redox Flow Battery market was valued at 130 Million US$ in 2018 and is projected to reach 370 Million US$ by 2025, at a CAGR of 14.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Redox Flow Battery.
Top Key Manufacturers in Redox Flow Battery Market:
- Sumitomo Electric
- Dalian Rongke Power
- UniEnergy Technologies
- Gildemeister
- Primus Power
- redTENERGY Storage
- EnSync
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Redox Flow Battery Market by Applications:
- Utility Facilities
- Renewable Energy Integration
- Others
Redox Flow Battery Market by Types:
- Vanadium Redox Flow Battery
- Hybrid Flow Battery
Key Questions Answered in This Report:
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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Major Points from Table of Contents:
1 Study Coverage
1.1 Redox Flow Battery Product
1.2 Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Redox Flow Battery Market Size Growth Rate by Product
1.5 Market by End User
1.5.1 Global Redox Flow Battery Market Size Growth Rate by End User
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Redox Flow Battery Market Size
2.1.1 Global Redox Flow Battery Revenue 2014-2025
2.1.2 Global Redox Flow Battery Sales 2014-2025
2.2 Redox Flow Battery Growth Rate by Regions
2.2.1 Global Redox Flow Battery Sales by Regions
2.2.2 Global Redox Flow Battery Revenue by Regions
3 Breakdown Data by Manufacturers
3.1 Redox Flow Battery Sales by Manufacturers
3.1.1 Redox Flow Battery Sales by Manufacturers
3.1.2 Redox Flow Battery Sales Market Share by Manufacturers
3.1.3 Global Redox Flow Battery Market Concentration Ratio (CR5 and HHI)
3.2 Redox Flow Battery Revenue by Manufacturers
3.2.1 Redox Flow Battery Revenue by Manufacturers (2014-2018)
3.2.2 Redox Flow Battery Revenue Share by Manufacturers (2014-2018)
3.3 Redox Flow Battery Price by Manufacturers
3.4 Redox Flow Battery Manufacturing Base Distribution, Product Types
3.4.1 Redox Flow Battery Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Redox Flow Battery Product Type
3.4.3 Date of International Manufacturers Enter into Redox Flow Battery Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Redox Flow Battery Sales by Product
4.2 Global Redox Flow Battery Revenue by Product
4.3 Redox Flow Battery Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Redox Flow Battery Breakdown Data by End User
6 North America
6.1 North America Redox Flow Battery by Countries
6.1.1 North America Redox Flow Battery Sales by Countries
6.1.2 North America Redox Flow Battery Revenue by Countries
6.1.3 United States
6.1.4 Canada
6.1.5 Mexico
6.2 North America Redox Flow Battery by Product
6.3 North America Redox Flow Battery by End User
7 Europe
7.1 Europe Redox Flow Battery by Countries
7.1.1 Europe Redox Flow Battery Sales by Countries
7.1.2 Europe Redox Flow Battery Revenue by Countries
7.1.3 Germany
7.1.4 France
7.1.5 UK
7.1.6 Italy
7.1.7 Russia
7.2 Europe Redox Flow Battery by Product
7.3 Europe Redox Flow Battery by End User
8 Asia Pacific
8.1 Asia Pacific Redox Flow Battery by Countries
8.1.1 Asia Pacific Redox Flow Battery Sales by Countries
8.1.2 Asia Pacific Redox Flow Battery Revenue by Countries
8.1.3 China
8.1.4 Japan
8.1.5 Korea
8.1.6 India
8.1.7 Australia
8.1.8 Indonesia
8.1.9 Malaysia
8.1.10 Philippines
8.1.11 Thailand
8.1.12 Vietnam
8.1.13 Singapore
8.2 Asia Pacific Redox Flow Battery by Product
8.3 Asia Pacific Redox Flow Battery by End User
9 Central & South America
9.1 Central & South America Redox Flow Battery by Countries
9.1.1 Central & South America Redox Flow Battery Sales by Countries
9.1.2 Central & South America Redox Flow Battery Revenue by Countries
9.1.3 Brazil
9.2 Central & South America Redox Flow Battery by Product
9.3 Central & South America Redox Flow Battery by End User
10 Middle East and Africa
10.1 Middle East and Africa Redox Flow Battery by Countries
10.1.1 Middle East and Africa Redox Flow Battery Sales by Countries
10.1.2 Middle East and Africa Redox Flow Battery Revenue by Countries
10.1.3 GCC Countries
10.1.4 Turkey
10.1.5 Egypt
10.1.6 South Africa
10.2 Middle East and Africa Redox Flow Battery by Product
10.3 Middle East and Africa Redox Flow Battery by End User
11 Company Profiles
12 Future Forecast
12.1 Redox Flow Battery Market Forecast by Regions
12.1.1 Global Redox Flow Battery Sales Forecast by Regions 2018-2025
12.1.2 Global Redox Flow Battery Revenue Forecast by Regions 2018-2025
12.2 Redox Flow Battery Market Forecast by Product
12.2.1 Global Redox Flow Battery Sales Forecast by Product 2018-2025
12.2.2 Global Redox Flow Battery Revenue Forecast by Product 2018-2025
12.3 Redox Flow Battery Market Forecast by End User
12.4 North America Redox Flow Battery Forecast
12.5 Europe Redox Flow Battery Forecast
12.6 Asia Pacific Redox Flow Battery Forecast
12.7 Central & South America Redox Flow Battery Forecast
12.8 Middle East and Africa Redox Flow Battery Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Market Opportunities and Drivers
13.2 Market Challenges
13.3 Market Risks/Restraints
13.4 Macroscopic Indicators
14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Redox Flow Battery Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors
15 Research Findings and Conclusion
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
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