Flow Battery Market - Forecasts from 2018 to 2023

August 2018 | 97 pages | ID: F54ED88B24BEN
Knowledge Sourcing Intelligence LLP

Abstracts

Global flow battery market is projected to witness a CAGR of 28.61% during the forecast period to reach a total market size of US$987.758 million by 2023, increasing from US$218.250 million in 2017. Flow battery is a rechargeable electrochemical device which converts the chemical energy in the electro-active materials directly to electrical energy, similar to a conventional battery and fuel cells. The rechargeability is provided by two chemical components dissolved in liquids contained within the system and most commonly separated by a membrane. The market is driven by the more stable and durable performance of the flow batteries as compared to the conventional batteries because the electrodes in flow batteries do not undergo physical and chemical changes during operation (because they do not contain active materials). In a flow battery there is also inherent safety of storing the active materials separately from the reactive point source. Other advantages are quick response times (common to all battery systems), high electricity-to-electricity conversion efficiency, no cell-to-cell equalization requirement, simple state-of-charge indication (based on electro-active concentrations), low maintenance, tolerance to overcharge and over discharge, and perhaps most importantly, the ability for deep discharges without affecting cycle life.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global flow battery value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global Flow Battery market.

Major industry players profiled as part of the report are Kemwatt, Primus Power, Vanadis Power GmbH and Vionx Energy Corporation among others.

Segmentation

• By Type
• Redox Flow Battery
• Organic Flow Battery
• Hybrid Flow Battery
• Membraneless Flow Battery
• By Application
• Commercial and Industrial
• Utilities
• Defense
• Others
• By Geography
• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Others
• Middle East and Africa
• Asia Pacific
• China
• India
• Australia
• South Korea
• Others

Contents

1. INTRODUCTION

1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources
2.3. Validation

3. KEY FINDINGS OF THE STUDY

4. MARKET DYNAMICS

4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis

5. GLOBAL FLOW BATTERY MARKET FORECAST BY TYPE

5.1. Redox Flow Battery
5.2. Organic Flow Battery
5.3. Hybrid Flow Battery
5.4. Membraneless Flow Battery

6. GLOBAL FLOW BATTERY MARKET FORECAST BY APPLICATION

6.1. Commercial and Industrial
6.2. Utilities
6.3. Defence
6.4. Others

7. GLOBAL FLOW BATTERY MARKET FORECAST BY GEOGRAPHY

7.1. North America
  7.1.1. The U.S
  7.1.2. Canada
  7.1.3. Mexico
  7.1.4. Others
7.2. South America
  7.2.1. Brazil
  7.2.2. Argentina
  7.2.3. Others
7.3. Europe
  7.3.1. U.K.
  7.3.2. France
  7.3.3. Germany
  7.3.4. Italy
  7.3.5. Others
7.4. Middle East and Africa
7.5. Asia Pacific
  7.5.1. China
  7.5.2. India
  7.5.3. Australia
  7.5.4. South Korea
  7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals

9. COMPANY PROFILES

9.1. Primus Power
  9.1.1. Overview
  9.1.2. Financials
  9.1.3. Product and Services
  9.1.4. SWOT Analysis
9.2. SCHMID Group
  9.2.1. Overview
  9.2.2. Financials
  9.2.3. Product and Services
  9.2.4. SWOT Analysis
9.3. Vionx Energy Corporation
  9.3.1. Overview
  9.3.2. Financials
  9.3.3. Product and Services
  9.3.4. SWOT Analysis
9.4. ViZn Energy Systems
  9.4.1. Overview
  9.4.2. Financials
  9.4.3. Product and Services
  9.4.4. SWOT Analysis
9.5. Redt Energy Plc
  9.5.1. Overview
  9.5.2. Financials
  9.5.3. Product and Services
  9.5.4. SWOT Analysis
9.6. Sumitomo Electric Industries
  9.6.1. Overview
  9.6.2. Financials
  9.6.3. Product and Services
  9.6.4. SWOT Analysis
9.7. Redflow Limited
  9.7.1. Overview
  9.7.2. Financials
  9.7.3. Product and Services
  9.7.4. SWOT Analysis
9.8. ESS, Inc
  9.8.1. Overview
  9.8.2. Financials
  9.8.3. Product and Services
  9.8.4. SWOT Analysis
9.9. Vanadis Power GmbH
  9.9.1. Overview
  9.9.2. Financials
  9.9.3. Product and Services
  9.9.4. SWOT Analysis
9.10. Kemwatt
  9.10.1. Overview
  9.10.2. Financials
  9.10.3. Product and Services
  9.10.4. SWOT Analysis
List of Tables
List of Figures