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Global Flow Battery Market 2023-2027

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    Report

  • 148 Pages
  • August 2023
  • Region: Global
  • TechNavio
  • ID: 5876778
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The flow battery market is forecasted to grow by USD 510.03 mn during 2022-2027, accelerating at a CAGR of 22.16% during the forecast period. The report on the flow battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for battery energy storage to address erratic nature of renewables, increasing development of innovative power storage technology, and advantages of flow battery.

The flow battery market is segmented as below:

By Type

  • Redox
  • Hybrid

By Variant

  • Large scale
  • Compact

By Geography

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the legislative support for battery recycling as one of the prime reasons driving the flow battery market growth during the next few years. Also, new product launches by vendors and increasing m and a activities by vendors will lead to sizable demand in the market.

The report on the flow battery market covers the following areas:

  • Flow battery market sizing
  • Flow battery market forecast
  • Flow battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flow battery market vendors that include BASF SE, Elestor BV, ENEROX GMBH, Gebr. SCHMID GmbH, HYDRAREDOX IBERIA SL, Invinity Energy Systems plc, Largo Inc., LE System Co. Ltd., Lockheed Martin Corp., nanoFlowcell Management AG, Nel ASA, Primus Power Solutions, Redflow Ltd., StorEn Technologies Inc., Stryten Energy LLC, Sumitomo Electric Industries Ltd., Vanadis Power GmbH, VFlow Tech Pte Ltd., VoltStorage GmbH, and VRB Energy. Also, the flow battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Variant
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global flow battery market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global flow battery market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Variant Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Variant Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Redox - Market size and forecast 2022-2027
Exhibit 34: Chart on Redox - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Redox - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Redox - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Redox - Year-over-year growth 2022-2027 (%)
6.4 Hybrid - Market size and forecast 2022-2027
Exhibit 38: Chart on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Variant
7.1 Market segments
Exhibit 44: Chart on Variant - Market share 2022-2027 (%)
Exhibit 45: Data Table on Variant - Market share 2022-2027 (%)
7.2 Comparison by Variant
Exhibit 46: Chart on Comparison by Variant
Exhibit 47: Data Table on Comparison by Variant
7.3 Large scale - Market size and forecast 2022-2027
Exhibit 48: Chart on Large scale - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Large scale - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Large scale - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Large scale - Year-over-year growth 2022-2027 (%)
7.4 Compact - Market size and forecast 2022-2027
Exhibit 52: Chart on Compact - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Compact - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Compact - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Compact - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Variant
Exhibit 56: Market opportunity by Variant ($ million)
Exhibit 57: Data Table on Market opportunity by Variant ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share by geography 2022-2027 (%)
Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 103: Market opportunity by geography ($ million)
Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 BASF SE
Exhibit 111: BASF SE - Overview
Exhibit 112: BASF SE - Business segments
Exhibit 113: BASF SE - Key news
Exhibit 114: BASF SE - Key offerings
Exhibit 115: BASF SE - Segment focus
12.4 Elestor BV
Exhibit 116: Elestor BV - Overview
Exhibit 117: Elestor BV - Product/Service
Exhibit 118: Elestor BV - Key offerings
12.5 ENEROX GMBH
Exhibit 119: ENEROX GMBH - Overview
Exhibit 120: ENEROX GMBH - Product/Service
Exhibit 121: ENEROX GMBH - Key offerings
12.6 Gebr. SCHMID GmbH
Exhibit 122: Gebr. SCHMID GmbH - Overview
Exhibit 123: Gebr. SCHMID GmbH - Product/Service
Exhibit 124: Gebr. SCHMID GmbH - Key offerings
12.7 HYDRAREDOX IBERIA SL
Exhibit 125: HYDRAREDOX IBERIA SL - Overview
Exhibit 126: HYDRAREDOX IBERIA SL - Product/Service
Exhibit 127: HYDRAREDOX IBERIA SL - Key offerings
12.8 Invinity Energy Systems plc
Exhibit 128: Invinity Energy Systems plc - Overview
Exhibit 129: Invinity Energy Systems plc - Product/Service
Exhibit 130: Invinity Energy Systems plc - Key offerings
12.9 Largo Inc.
Exhibit 131: Largo Inc. - Overview
Exhibit 132: Largo Inc. - Product/Service
Exhibit 133: Largo Inc. - Key offerings
12.10 LE System Co. Ltd.
Exhibit 134: LE System Co. Ltd. - Overview
Exhibit 135: LE System Co. Ltd. - Product/Service
Exhibit 136: LE System Co. Ltd. - Key offerings
12.11 Lockheed Martin Corp.
Exhibit 137: Lockheed Martin Corp. - Overview
Exhibit 138: Lockheed Martin Corp. - Business segments
Exhibit 139: Lockheed Martin Corp. - Key news
Exhibit 140: Lockheed Martin Corp. - Key offerings
Exhibit 141: Lockheed Martin Corp. - Segment focus
12.12 nanoFlowcell Management AG
Exhibit 142: nanoFlowcell Management AG - Overview
Exhibit 143: nanoFlowcell Management AG - Product/Service
Exhibit 144: nanoFlowcell Management AG - Key offerings
12.13 Nel ASA
Exhibit 145: Nel ASA - Overview
Exhibit 146: Nel ASA - Business segments
Exhibit 147: Nel ASA - Key offerings
Exhibit 148: Nel ASA - Segment focus
12.14 Primus Power Solutions
Exhibit 149: Primus Power Solutions - Overview
Exhibit 150: Primus Power Solutions - Product/Service
Exhibit 151: Primus Power Solutions - Key offerings
12.15 Redflow Ltd.
Exhibit 152: Redflow Ltd. - Overview
Exhibit 153: Redflow Ltd. - Product/Service
Exhibit 154: Redflow Ltd. - Key offerings
12.16 StorEn Technologies Inc.
Exhibit 155: StorEn Technologies Inc. - Overview
Exhibit 156: StorEn Technologies Inc. - Product/Service
Exhibit 157: StorEn Technologies Inc. - Key offerings
12.17 Stryten Energy LLC
Exhibit 158: Stryten Energy LLC - Overview
Exhibit 159: Stryten Energy LLC - Product/Service
Exhibit 160: Stryten Energy LLC - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market by Geography
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Variant
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on global flow battery market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Variant Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Type - Market share 2022-2027 (%)
Exhibits 31: Data Table on Type - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Redox - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Redox - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Redox - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Redox - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Type ($ million)
Exhibits 43: Data Table on Market opportunity by Type ($ million)
Exhibits 44: Chart on Variant - Market share 2022-2027 (%)
Exhibits 45: Data Table on Variant - Market share 2022-2027 (%)
Exhibits 46: Chart on Comparison by Variant
Exhibits 47: Data Table on Comparison by Variant
Exhibits 48: Chart on Large scale - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Data Table on Large scale - Market size and forecast 2022-2027 ($ million)
Exhibits 50: Chart on Large scale - Year-over-year growth 2022-2027 (%)
Exhibits 51: Data Table on Large scale - Year-over-year growth 2022-2027 (%)
Exhibits 52: Chart on Compact - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Data Table on Compact - Market size and forecast 2022-2027 ($ million)
Exhibits 54: Chart on Compact - Year-over-year growth 2022-2027 (%)
Exhibits 55: Data Table on Compact - Year-over-year growth 2022-2027 (%)
Exhibits 56: Market opportunity by Variant ($ million)
Exhibits 57: Data Table on Market opportunity by Variant ($ million)
Exhibits 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 59: Chart on Market share by geography 2022-2027 (%)
Exhibits 60: Data Table on Market share by geography 2022-2027 (%)
Exhibits 61: Chart on Geographic comparison
Exhibits 62: Data Table on Geographic comparison
Exhibits 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 86: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 90: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 103: Market opportunity by geography ($ million)
Exhibits 104: Data Tables on Market opportunity by geography ($ million)
Exhibits 105: Impact of drivers and challenges in 2022 and 2027
Exhibits 106: Overview on Criticality of inputs and Factors of differentiation
Exhibits 107: Overview on factors of disruption
Exhibits 108: Impact of key risks on business
Exhibits 109: Vendors covered
Exhibits 110: Matrix on vendor position and classification
Exhibits 111: BASF SE - Overview
Exhibits 112: BASF SE - Business segments
Exhibits 113: BASF SE - Key news
Exhibits 114: BASF SE - Key offerings
Exhibits 115: BASF SE - Segment focus
Exhibits 116: Elestor BV - Overview
Exhibits 117: Elestor BV - Product/Service
Exhibits 118: Elestor BV - Key offerings
Exhibits 119: ENEROX GMBH - Overview
Exhibits 120: ENEROX GMBH - Product/Service
Exhibits 121: ENEROX GMBH - Key offerings
Exhibits 122: Gebr. SCHMID GmbH - Overview
Exhibits 123: Gebr. SCHMID GmbH - Product/Service
Exhibits 124: Gebr. SCHMID GmbH - Key offerings
Exhibits 125: HYDRAREDOX IBERIA SL - Overview
Exhibits 126: HYDRAREDOX IBERIA SL - Product/Service
Exhibits 127: HYDRAREDOX IBERIA SL - Key offerings
Exhibits 128: Invinity Energy Systems plc - Overview
Exhibits 129: Invinity Energy Systems plc - Product/Service
Exhibits 130: Invinity Energy Systems plc - Key offerings
Exhibits 131: Largo Inc. - Overview
Exhibits 132: Largo Inc. - Product/Service
Exhibits 133: Largo Inc. - Key offerings
Exhibits 134: LE System Co. Ltd. - Overview
Exhibits 135: LE System Co. Ltd. - Product/Service
Exhibits 136: LE System Co. Ltd. - Key offerings
Exhibits 137: Lockheed Martin Corp. - Overview
Exhibits 138: Lockheed Martin Corp. - Business segments
Exhibits 139: Lockheed Martin Corp. - Key news
Exhibits 140: Lockheed Martin Corp. - Key offerings
Exhibits 141: Lockheed Martin Corp. - Segment focus
Exhibits 142: nanoFlowcell Management AG - Overview
Exhibits 143: nanoFlowcell Management AG - Product/Service
Exhibits 144: nanoFlowcell Management AG - Key offerings
Exhibits 145: Nel ASA - Overview
Exhibits 146: Nel ASA - Business segments
Exhibits 147: Nel ASA - Key offerings
Exhibits 148: Nel ASA - Segment focus
Exhibits 149: Primus Power Solutions - Overview
Exhibits 150: Primus Power Solutions - Product/Service
Exhibits 151: Primus Power Solutions - Key offerings
Exhibits 152: Redflow Ltd. - Overview
Exhibits 153: Redflow Ltd. - Product/Service
Exhibits 154: Redflow Ltd. - Key offerings
Exhibits 155: StorEn Technologies Inc. - Overview
Exhibits 156: StorEn Technologies Inc. - Product/Service
Exhibits 157: StorEn Technologies Inc. - Key offerings
Exhibits 158: Stryten Energy LLC - Overview
Exhibits 159: Stryten Energy LLC - Product/Service
Exhibits 160: Stryten Energy LLC - Key offerings
Exhibits 161: Inclusions checklist
Exhibits 162: Exclusions checklist
Exhibits 163: Currency conversion rates for US$
Exhibits 164: Research methodology
Exhibits 165: Validation techniques employed for market sizing
Exhibits 166: Information sources
Exhibits 167: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global flow battery market: BASF SE, Elestor BV, ENEROX GMBH, Gebr. SCHMID GmbH, HYDRAREDOX IBERIA SL, Invinity Energy Systems plc, Largo Inc., LE System Co. Ltd., Lockheed Martin Corp., nanoFlowcell Management AG, Nel ASA, Primus Power Solutions, Redflow Ltd., StorEn Technologies Inc., Stryten Energy LLC, Sumitomo Electric Industries Ltd., Vanadis Power GmbH, VFlow Tech Pte Ltd., VoltStorage GmbH, and VRB Energy.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is legislative support for battery recycling.'

According to the report, one of the major drivers for this market is the increasing demand for battery energy storage to address erratic nature of renewables.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Elestor BV
  • ENEROX GMBH
  • Gebr. SCHMID GmbH
  • HYDRAREDOX IBERIA SL
  • Invinity Energy Systems plc
  • Largo Inc.
  • LE System Co. Ltd.
  • Lockheed Martin Corp.
  • nanoFlowcell Management AG
  • Nel ASA
  • Primus Power Solutions
  • Redflow Ltd.
  • StorEn Technologies Inc.
  • Stryten Energy LLC
  • Sumitomo Electric Industries Ltd.
  • Vanadis Power GmbH
  • VFlow Tech Pte Ltd.
  • VoltStorage GmbH
  • VRB Energy