Flow Battery Market
Flow Battery Market - Global Industry Assessment & Forecast
#
Pages:
210
Base Year:
2022
Dec - 2023
Format:
Report Code:
VMR-2359
Segments Covered
By
Battery Type Redox, Hybrid
-
By
Material Vanadium, Zinc Bromine, Other Materials
-
By
Storage Small-Scale, Large-Scale
-
By
Application Utilities, Commercial & Industrial, EV Charging Stations, Other Applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 270 Million |
 Revenue 2030:
|
USD 1283 Million |
 Revenue CAGR
(2023 - 2030): |
21.51 % |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Flow Battery Market Segment Analysis
- Flow Battery Battery Type Outlook (Revenue, USD Million, 2018 - 2030)
- Redox
- Hybrid
- Flow Battery Material Outlook (Revenue, USD Million, 2018 - 2030)
- Vanadium
- Zinc Bromine
- Other Materials
- Flow Battery Storage Outlook (Revenue, USD Million, 2018 - 2030)
- Small-Scale
- Large-Scale
- Flow Battery Application Outlook (Revenue, USD Million, 2018 - 2030)
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Flow Battery Market, by Battery Type
- Redox
- Hybrid
-
North America Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
-
North America Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
-
North America Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- U.S.
- U.S. Flow Battery Market, by Battery Type
- Redox
- Hybrid
- U.S. Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- U.S. Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- U.S. Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- U.S. Flow Battery Market, by Battery Type
- Canada
- Canada Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Canada Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Canada Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Canada Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Canada Flow Battery Market, by Battery Type
-
Mexico
- Mexico Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Mexico Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Mexico Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Mexico Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Mexico Flow Battery Market, by Battery Type
-
North America Flow Battery Market, by Battery Type
- Europe
-
Europe Flow Battery Market, by Battery Type
- Redox
- Hybrid
-
Europe Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
-
Europe Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
-
Europe Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- U. K.
- U.K. Flow Battery Market, by Battery Type
- Redox
- Hybrid
- U.K. Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- U.K. Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- U.K. Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- U.K. Flow Battery Market, by Battery Type
- France
- France Flow Battery Market, by Battery Type
- Redox
- Hybrid
- France Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- France Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- France Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- France Flow Battery Market, by Battery Type
-
Germany
- Germany Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Germany Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Germany Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Germany Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Germany Flow Battery Market, by Battery Type
-
Italy
- Italy Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Italy Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Italy Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Italy Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Italy Flow Battery Market, by Battery Type
-
Spain
- Spain Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Spain Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Spain Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Spain Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Spain Flow Battery Market, by Battery Type
-
Rest of Europe
- Rest of Europe Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Rest of Europe Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Rest of Europe Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Rest of Europe Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Rest of Europe Flow Battery Market, by Battery Type
-
Europe Flow Battery Market, by Battery Type
- Asia Pacific
-
Asia Pacific Flow Battery Market, by Battery Type
- Redox
- Hybrid
-
Asia Pacific Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
-
Asia Pacific Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
-
Asia Pacific Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- China
- China Flow Battery Market, by Battery Type
- Redox
- Hybrid
- China Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- China Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- China Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- China Flow Battery Market, by Battery Type
- Japan
- Japan Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Japan Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Japan Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Japan Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Japan Flow Battery Market, by Battery Type
-
Germany
- Germany Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Germany Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Germany Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Germany Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Germany Flow Battery Market, by Battery Type
-
India
- India Flow Battery Market, by Battery Type
- Redox
- Hybrid
- India Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- India Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- India Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- India Flow Battery Market, by Battery Type
-
South Korea
- South Korea Flow Battery Market, by Battery Type
- Redox
- Hybrid
- South Korea Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- South Korea Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- South Korea Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- South Korea Flow Battery Market, by Battery Type
-
South East Asia
- South East Asia Flow Battery Market, by Battery Type
- Redox
- Hybrid
- South East Asia Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- South East Asia Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- South East Asia Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- South East Asia Flow Battery Market, by Battery Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Rest of Asia Pacific Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Rest of Asia Pacific Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Rest of Asia Pacific Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Rest of Asia Pacific Flow Battery Market, by Battery Type
-
Asia Pacific Flow Battery Market, by Battery Type
- Latin America
-
Latin America Flow Battery Market, by Battery Type
- Redox
- Hybrid
-
Latin America Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
-
Latin America Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
-
Latin America Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Brazil
- Brazil Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Brazil Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Brazil Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Brazil Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Brazil Flow Battery Market, by Battery Type
- Argentina
- Argentina Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Argentina Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Argentina Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Argentina Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Argentina Flow Battery Market, by Battery Type
-
Rest of Latin America
- Rest of Latin America Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Rest of Latin America Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Rest of Latin America Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Rest of Latin America Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Rest of Latin America Flow Battery Market, by Battery Type
-
Latin America Flow Battery Market, by Battery Type
- Middle East & Africa
-
Middle East & Africa Flow Battery Market, by Battery Type
- Redox
- Hybrid
-
Middle East & Africa Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
-
Middle East & Africa Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
-
Middle East & Africa Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- GCC Countries
- GCC Countries Flow Battery Market, by Battery Type
- Redox
- Hybrid
- GCC Countries Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- GCC Countries Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- GCC Countries Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- GCC Countries Flow Battery Market, by Battery Type
- South Africa
- South Africa Flow Battery Market, by Battery Type
- Redox
- Hybrid
- South Africa Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- South Africa Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- South Africa Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- South Africa Flow Battery Market, by Battery Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Flow Battery Market, by Battery Type
- Redox
- Hybrid
- Rest of Middle East & Africa Flow Battery Market, by Material
- Vanadium
- Zinc Bromine
- Other Materials
- Rest of Middle East & Africa Flow Battery Market, by Storage
- Small-Scale
- Large-Scale
- Rest of Middle East & Africa Flow Battery Market, by Application
- Utilities
- Commercial & Industrial
- EV Charging Stations
- Other Applications
- Rest of Middle East & Africa Flow Battery Market, by Battery Type
-
Middle East & Africa Flow Battery Market, by Battery Type
- North America
Vantage Market
Research | 10-Jan-2024
FAQ
Frequently Asked Question
What is the global demand for Flow Battery in terms of revenue?
-
The global Flow Battery valued at USD 270 Million in 2022 and is expected to reach USD 1283 Million in 2030 growing at a CAGR of 21.51 %.
Which are the prominent players in the market?
-
The prominent players in the market are Sumitomo Electric Industries Ltd. (Japan), VRB Energy (Canada), Invinity Energy Systems (UK), Largo Inc. (Canada), Enerox GmbH (Austria), Redflow Limited (Australia), Stryten Energy (U.S.), ViZn Energy Systems (U.S.), Lockheed Martin Corporation (U.S.), Jenabatteries GmbH (Germany), SCHMID Group (Germany), Elestor BV (Netherlands), Primus Power Solutions (U.S.), ESS Inc. (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 21.51 % between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Flow Battery include
- Growing demand for renewable energy sources
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Flow Battery in 2022.
