Global Flow Battery Competitive Landscape Professional Research Report 2024

Global Flow Battery Competitive Landscape Professional Research Report 2024



Research Summary

A flow battery is a type of rechargeable electrochemical energy storage system that stores energy in liquid electrolyte solutions contained in external tanks. Unlike conventional batteries where energy is stored within the cell, flow batteries keep the energy in the electrolyte, allowing for independent scaling of power and energy capacity. The key components of a flow battery include two electrolyte tanks, separated by a membrane, and a cell stack where electrochemical reactions take place. During operation, the electrolytes are pumped through the cell stack, and the electrochemical reactions between them generate electrical energy. Flow batteries are known for their flexibility and scalability, making them suitable for grid energy storage applications where the ability to store large amounts of energy over an extended period is essential. They are particularly advantageous in scenarios requiring long-duration energy storage and can contribute to the integration of renewable energy sources by providing a stable and dispatchable power supply.

According to DIResearch's in-depth investigation and research, the global Flow Battery market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of Flow Battery include Dalian Rongke Power, Primus Power, Sumitomo Electric, Largo Clean Energy, VRB ENERGY etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Flow Battery. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Flow Battery market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Flow Battery market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Flow Battery industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Flow Battery Include:

Dalian Rongke Power

Primus Power

Sumitomo Electric

Largo Clean Energy

VRB ENERGY

Flow Battery Product Segment Include:

Vanadium Flow Battery

Hybrid Flow Battery

Flow Battery Product Application Include:

Utility Facilities

Renewable Energy Integration

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Flow Battery Industry PESTEL Analysis

Chapter 3: Global Flow Battery Industry Porter’s Five Forces Analysis

Chapter 4: Global Flow Battery Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Flow Battery Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Flow Battery Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Flow Battery Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Flow Battery Market Overview
1.1 Product Definition and Statistical Scope
1.2 Flow Battery Product by Type
1.2.1 Global Flow Battery Market Size by Type, 2023 VS 2024 VS 2030
1.2.2 Vanadium Flow Battery
1.2.3 Hybrid Flow Battery
1.3 Flow Battery Product by Application
1.3.1 Global Flow Battery Market Size by Application, 2023 VS 2024 VS 2030
1.3.2 Utility Facilities
1.3.3 Renewable Energy Integration
1.3.4 Others
1.4 Global Flow Battery Market Revenue and Sales Analysis
1.4.1 Global Flow Battery Market Size Analysis (2019-2030)
1.4.2 Global Flow Battery Market Sales Analysis (2019-2030)
1.4.3 Global Flow Battery Market Sales Price Trend Analysis (2019-2030)
1.5 Flow Battery Market Development Status and Trends
1.5.1 Flow Battery Industry Development Status Analysis
1.5.2 Flow Battery Industry Development Trends Analysis
2 Flow Battery Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Flow Battery Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Flow Battery Market Analysis by Regions
4.1 Flow Battery Overall Market: 2023 VS 2024 VS 2030
4.2 Global Flow Battery Revenue and Forecast Analysis (2019-2030)
4.2.1 Global Flow Battery Revenue and Market Share by Region (2019-2024)
4.2.2 Global Flow Battery Revenue Forecast by Region (2025-2030)
4.3 Global Flow Battery Sales and Forecast Analysis (2019-2030)
4.3.1 Global Flow Battery Sales and Market Share by Region (2019-2024)
4.3.2 Global Flow Battery Sales Forecast by Region (2025-2030)
4.4 Global Flow Battery Sales Price Trend Analysis (2019-2030)
5 Global Flow Battery Market Size by Type and Application
5.1 Global Flow Battery Market Size by Type
5.1.1 Global Flow Battery Revenue and Forecast Analysis by Type (2019-2030)
5.1.2 Global Flow Battery Sales and Forecast Analysis by Type (2019-2030)
5.2 Global Flow Battery Market Size by Application
5.2.1 Global Flow Battery Revenue and Forecast Analysis by Application (2019-2030)
5.2.2 Global Flow Battery Sales and Forecast Analysis by Application (2019-2030)
6 North America
6.1 North America Flow Battery Market Size and Growth Rate Analysis (2019-2030)
6.2 North America Key Manufacturers Analysis
6.3 North America Flow Battery Market Size by Type
6.3.1 North America Flow Battery Sales by Type (2019-2030)
6.3.2 North America Flow Battery Revenue by Type (2019-2030)
6.4 North America Flow Battery Market Size by Application
6.4.1 North America Flow Battery Sales by Application (2019-2030)
6.4.2 North America Flow Battery Revenue by Application (2019-2030)
6.5 North America Flow Battery Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Flow Battery Market Size and Growth Rate Analysis (2019-2030)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Flow Battery Market Size by Type
7.3.1 Europe Flow Battery Sales by Type (2019-2030)
7.3.2 Europe Flow Battery Revenue by Type (2019-2030)
7.4 Europe Flow Battery Market Size by Application
7.4.1 Europe Flow Battery Sales by Application (2019-2030)
7.4.2  Europe Flow Battery Revenue by Application (2019-2030)
7.5 Europe Flow Battery Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Flow Battery Market Size and Growth Rate Analysis (2019-2030)
8.2 China Key Manufacturers Analysis
8.3 China Flow Battery Market Size by Type
8.3.1 China Flow Battery Sales by Type (2019-2030)
8.3.2 China Flow Battery Revenue by Type (2019-2030)
8.4 China Flow Battery Market Size by Application
8.4.1 China Flow Battery Sales by Application (2019-2030)
8.4.2 China Flow Battery Revenue by Application (2019-2030)
9 APAC (excl. China)
9.1 APAC (excl. China) Flow Battery Market Size and Growth Rate Analysis (2019-2030)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Flow Battery Market Size by Type
9.3.1 APAC (excl. China) Flow Battery Sales by Type (2019-2030)
9.3.2 APAC (excl. China) Flow Battery Revenue by Type (2019-2030)
9.4 APAC (excl. China) Flow Battery Market Size by Application
9.4.1 APAC (excl. China) Flow Battery Sales by Application (2019-2030)
9.4.2 APAC (excl. China) Flow Battery Revenue by Application (2019-2030)
9.5 APAC (excl. China) Flow Battery Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Indonesia
9.5.6 Vietnam
9.5.7 Malaysia
9.5.8 Thailand
10 Latin America
10.1 Latin America Flow Battery Market Size and Growth Rate Analysis (2019-2030)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Flow Battery Market Size by Type
10.3.1 Latin America Flow Battery Sales by Type (2019-2030)
10.3.2 Latin America Flow Battery Revenue by Type (2019-2030)
10.4 Latin America Flow Battery Market Size by Application
10.4.1 Latin America Flow Battery Sales by Application (2019-2030)
10.4.2 Latin America Flow Battery Revenue by Application (2019-2030)
10.5 Latin America Flow Battery Market Size by Country
10.5.1 Mexico
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Flow Battery Market Size and Growth Rate Analysis (2019-2030)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Flow Battery Market Size by Type
11.3.1 Middle East & Africa Flow Battery Sales by Type (2019-2030)
11.3.2 Middle East & Africa Flow Battery Revenue by Type (2019-2030)
11.4 Middle East & Africa Flow Battery Market Size by Application
11.4.1 Middle East & Africa Flow Battery Sales by Application (2019-2030)
11.4.2 Middle East & Africa Flow Battery Revenue by Application (2019-2030)
11.5 Middle East & Africa Flow Battery Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Flow Battery Market Sales, Revenue and Price by Key Manufacturers (2020-2024)
12.1.1 Global Flow Battery Market Sales by Key Manufacturers (2020-2024)
12.1.2 Global Flow Battery Market Revenue by Key Manufacturers (2020-2024)
12.1.3 Global Flow Battery Average Sales Price by Manufacturers (2020-2024)
12.2 Flow Battery Competitive Landscape Analysis and Market Dynamic
12.2.1 Flow Battery Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 Dalian Rongke Power
13.1.1 Dalian Rongke Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 Dalian Rongke Power Flow Battery Product Portfolio
13.1.3 Dalian Rongke Power Flow Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.2 Primus Power
13.2.1 Primus Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Primus Power Flow Battery Product Portfolio
13.2.3 Primus Power Flow Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.3 Sumitomo Electric
13.3.1 Sumitomo Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Sumitomo Electric Flow Battery Product Portfolio
13.3.3 Sumitomo Electric Flow Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.4 Largo Clean Energy
13.4.1 Largo Clean Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Largo Clean Energy Flow Battery Product Portfolio
13.4.3 Largo Clean Energy Flow Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.5 VRB ENERGY
13.5.1 VRB ENERGY Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 VRB ENERGY Flow Battery Product Portfolio
13.5.3 VRB ENERGY Flow Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
14 Industry Chain Analysis
14.1 Flow Battery Industry Chain Analysis
14.2 Flow Battery Industry Upstream Supply Analysis
14.2.1 Upstream Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Flow Battery Typical Downstream Customers
14.4 Flow Battery Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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