The global market for flow batteries is poised for massive growth driven by rising demand for renewable energy storage and grid modernization. Flow batteries provide unique advantages over conventional rechargeable batteries for large scale energy storage applications. The most mature and commercially successful flow battery is the vanadium redox flow battery. Other promising chemistries include zinc-bromine, iron-chromium, and polysulfide-bromine flow batteries. Hybrid flow batteries combining zinc, vanadium, and polyhalide electrolytes also demonstrate good technical characteristics.
The Global Market for Flow Batteries 2024-2034 provides an in-depth analysis of the flow battery market including market size, growth forecasts, trends, drivers, companies, technologies, applications, and future outlook. It covers key battery types like vanadium redox, zinc-bromine, iron-chromium, and emerging chemistries. Detailed application analysis across utility storage, microgrids, renewable integration, EV charging, telecom towers, data centers, C&I, and residential sectors.
Profiles of major manufacturers, start-ups, and investments are provided. The report segments the global market by region including North America, Europe, Asia Pacific, China, and RoW. Market challenges, cost analysis, SWOT analysis, and growth opportunities are covered.
With increasing need for long duration energy storage, flow batteries are expected to see high adoption. This report serves as a comprehensive guide to the flow battery market for stakeholders across the energy storage value chain.
Report contents include:
Introduction covers flow battery principles, advantages/disadvantages, major types like vanadium redox, zinc-bromine, polysulfide bromine, iron-chromium, and comparisons with Li-ion batteries.
Market Analysis examines drivers, trends, current market, value chain, recent news/funding, competitive landscape, SWOT analysis, cost analysis, applications roadmap, and market segments like utility storage, renewables, UPS, telecom, EVs, and C&I.
Global revenue forecasts are provided by battery type, end-use market, and region from 2018-2034. Challenges for adoption are also analyzed.
Company Profiles section covers 35 key players in the flow battery industry including manufacturers, technology developers, and startups. Companies profiled include CellCube, Dalian Rongke Power, ESS Tech, Invinity Energy Systems, Quino Energy, Salgenx, Sumitomo Electric Industries, VFlowTech, VoltStorage GmbH, and Volterion.
Research Methodology and References provide details on the research approach and data sources used in the report.