Flow Battery Market by Battery Type (Redox, Hybrid), Material (Vanadium, Zinc Bromine, Organic, All-iron, Hydrogen Bromine), Storage (Large Scale & Small Scale), Use Cases (Peak Capacity, Energy Shifting, Frequency Regulation) - Global Forecast to 2030

Flow Battery Market by Battery Type (Redox, Hybrid), Material (Vanadium, Zinc Bromine, Organic, All-iron, Hydrogen Bromine), Storage (Large Scale & Small Scale), Use Cases (Peak Capacity, Energy Shifting, Frequency Regulation) - Global Forecast to 2030

The global flow battery market is valued at USD 0.34 billion in 2024 and is projected to reach USD 1.18 billion by 2030; it is expected to register a CAGR of 23.0% during the forecast period. Renewable energy storage is a key use of flow batteries. Many nations, including the US, India, China, and Japan, are revising their energy policies to incorporate a significant portion of renewable energy, such as wind and solar. Government support and resulting profits are driving increased investment in renewable energy. Renewable sources are now preferred for expanding and modernizing power systems worldwide. Initiatives like net zero emissions, carbon neutrality, and sustainable transportation are attracting investments in renewable energy generation.

“Zinc bromine segment is expected to grow at the impressive CAGR during the forecast period.”

Zinc-bromine flow batteries are perfect for energy storage in view of the multiple benefits. Their circulating electrolyte simplifies thermal control and the distribution of reactants throughout the cell. Also, they have wellsuit to specific energy and efficiency energy and can store and transform energy. These batteries are also made of cheap and easily available and those recyclable components are manufactured by means of standard practice. It can run under ambient temperature and have the benefits in the system configuration. Also they possesses satisfactory power density and could charge quickly and can endure deep discharge without getting ailing. Zinc-bromine flow batteries are already on the market so zinc-bromine flow batteries for energy storage solutions are feasible.

“Commercial & industrial segment is likely to hold the second largest market in 2024.”

Commercial & industrial sectors are impacted by the interrupted power supply, machine downtime, and blackouts. These power outages can severely hinder businesses, causing damage to the production lines and products, as well as delaying deliveries. Commercial & industrial energy storage prioritizes safety and cost-effectiveness and often finds flow batteries suitable. Flow batteries offer long cycle life, minimal environmental impact, high energy recovery rate, and large capacity, making them well-suited for extreme environments. Flow battery energy storage is highly suitable for industrial and commercial applications because it facilitates peak-valley spread arbitrage, provides intrinsic safety, and handles large capacity requirements. Flow batteries align well with the pursuit of secure and economical energy storage in industrial and commercial sectors.

“The North America segment is likely to grow at the second highest CAGR during the forecast period.”

The North American flow battery market has been thoroughly researched in regions, including the US, Canada, and Mexico. The US is one of the major contributors to the regional market growth. The regional market growth is owed to the significant presence of industry participants, such as ESS Tech, Inc. (US),

ESS Tech, Inc. (US), Primus Power (US), and Lockheed Martin Corporation (US) are expected to create growth opportunities in the coming years. The companies majorly focus on strategic partnerships, product launches, and continuous developments to increase their product portfolio and fulfill the requirements of various applications.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

By Company Type - Tier 1 – 25%, Tier 2 – 30%, Tier 3 – 45%

By Designation— C-level Executives - 35%, Directors - 25%, Others - 40%

By Region—North America - 35%, Europe - 25%, Asia Pacific - 32%, RoW - 8%

The flow battery market is dominated by a few globally established players such as Invinity Energy Systems (UK), Sumitomo Electric Industries, Ltd. (Japan), VRB Energy (Canada), Enerox GmbH (Austria), Elestor (The Netherlands), ESS Tech, Inc. (US), Largo Inc. (Canada), Lockheed Martin Corporation (US), and Primus Power (US). The study includes an in-depth competitive analysis of these key players in the flow battery market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the flow battery market and forecasts its size by battery type, storage, material, ownership, application, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the flow battery ecosystem.

Key Benefits to Buy the Report:

Analysis of key drivers (Rising popularity for flow batteries over traditional batteries, Government support for renewable energy storage systems, Growing demand for flow batteries in the utility sector, Increasing deployment of telecom towers), Restraint (Need for significant upfront capital requirements, Standardization challenges associated with flow battery), Opportunity (Growing demand for backup power solutions for data centers, Rising interest in residential energy storage solutions using flow batteries, Growing emphasis on power grid modernizing, Rising demand for advanced battery technologies), Challenges (Availability of alternative battery technologies).

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the flow battery market.

Market Development: Comprehensive information about lucrative markets – the report analyses the flow battery market across varied regions

Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the flow battery market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Invinity Energy Systems (UK), Sumitomo Electric Industries, Ltd. (Japan), VRB Energy (Canada), Enerox GmbH (Austria), ESS Tech, Inc. (US) among others in the flow battery market.

Tables List

Table 1 Flow Battery Market: Risk Analysis

Table 2 Indicative Pricing Of Flow Batteries Offered By Key Players, 2023

Table 3 Role Of Companies In Flow Battery Ecosystem

Table 4 List Of Major Patents, 2022–2024

Table 5 Import Data For Hs Code 8112-compliant Products, By Country,

2019–2023 (Usd Million)

Table 6 Export Data For Hs Code 8112-compliant Products, By Country,

2019–2023 (Usd Million)

Table 7 List Of Key Conferences And Events, 2025

Table 8 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 9 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 10 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 11 Row: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 12 Major Standards

Table 13 Porter’s Five Forces Analysis

Table 14 Influence Of Stakeholders On Buying Process For

Top 3 Applications (%)

Table 15 Key Buying Criteria For Top 3 Applications

Table 16 Flow Battery Market, By Battery Type, 2021–2023 (Usd Million)

Table 17 Flow Battery Market, By Battery Type, 2024–2030 (Usd Million)

Table 18 Flow Battery Market, By Battery Type,

2021–2023 (Installed Capacity In Mwh)

Table 19 Flow Battery Market, By Battery Type,

2024–2030 (Installed Capacity In Mwh)

Table 20 Redox: Flow Battery Market, By Material, 2021–2023 (Usd Million)

Table 21 Redox: Flow Battery Market, By Material, 2024–2030 (Usd Million)

Table 22 Redox: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 23 Redox: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 24 Hybrid: Flow Battery Market, By Material, 2021–2023 (Usd Million)

Table 25 Hybrid: Flow Battery Market, By Material, 2024–2030 (Usd Million)

Table 26 Hybrid: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 27 Hybrid: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 28 Flow Battery Market, By Material, 2021–2023 (Usd Million)

Table 29 Flow Battery Market, By Material, 2024–2030 (Usd Million)

Table 30 Vanadium: Flow Battery Market, By Battery Type,

2021–2023 (Usd Million)

Table 31 Vanadium: Flow Battery Market, By Battery Type,

2024–2030 (Usd Million)

Table 32 Zinc–bromine: Flow Battery Market, By Battery Type,

2021–2023 (Usd Million)

Table 33 Zinc–bromine: Flow Battery Market, By Battery Type,

2024–2030 (Usd Million)

Table 34 Other Materials: Flow Battery Market, By Battery Type,

2021–2023 (Usd Million)

Table 35 Other Materials: Flow Battery Market, By Battery Type,

2024–2030 (Usd Million)

Table 36 Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 37 Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 38 Large-scale: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 39 Large-scale: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 40 Large-scale: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 41 Large-scale: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 42 Small-scale: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 43 Small-scale: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 44 Small-scale: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 45 Small-scale: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 46 Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 47 Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 48 Utilities: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 49 Utilities: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 50 Utilities: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 51 Utilities: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 52 Utilities: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 53 Utilities: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 54 Commercial & Industrial: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 55 Commercial & Industrial: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 56 Commercial & Industrial: Flow Battery Market, By Region,

2021–2023 (Usd Million)

Table 57 Commercial & Industrial: Flow Battery Market, By Region,

2024–2030 (Usd Million)

Table 58 Ev Charging Stations: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 59 Ev Charging Stations: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 60 Ev Charging Stations: Flow Battery Market, By Region,

2021–2023 (Usd Million)

Table 61 Ev Charging Stations: Flow Battery Market, By Region,

2024–2030 (Usd Million)

Table 62 Other Applications: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 63 Other Applications: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 64 Other Applications: Flow Battery Market, By Region,

2021–2023 (Usd Million)

Table 65 Other Applications: Flow Battery Market, By Region,

2024–2030 (Usd Million)

Table 66 Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 67 Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 68 North America: Flow Battery Market, By Country,

2021–2023 (Usd Million)

Table 69 North America: Flow Battery Market, By Country,

2024–2030 (Usd Million)

Table 70 North America: Flow Battery Market, By Battery Type,

2021–2023 (Usd Million)

Table 71 North America: Flow Battery Market, By Battery Type,

2024–2030 (Usd Million)

Table 72 North America: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 73 North America: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 74 North America: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 75 North America: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 76 Us: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 77 Us: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 78 Us: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 79 Us: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 80 Canada: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 81 Canada: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 82 Canada: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 83 Canada: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 84 Mexico: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 85 Mexico: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 86 Mexico: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 87 Mexico: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 88 Europe: Flow Battery Market, By Country, 2021–2023 (Usd Million)

Table 89 Europe: Flow Battery Market, By Country, 2024–2030 (Usd Million)

Table 90 Europe: Flow Battery Market, By Battery Type, 2021–2023 (Usd Million)

Table 91 Europe: Flow Battery Market, By Battery Type, 2024–2030 (Usd Million)

Table 92 Europe: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 93 Europe: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 94 Europe: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 95 Europe: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 96 Germany: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 97 Germany: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 98 Germany: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 99 Germany: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 100 Uk: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 101 Uk: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 102 Uk: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 103 Uk: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 104 France: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 105 France: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 106 France: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 107 France: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 108 Italy: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 109 Italy: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 110 Italy: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 111 Italy: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 112 Switzerland: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 113 Switzerland: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 114 Switzerland: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 115 Switzerland: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 116 Rest Of Europe: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 117 Rest Of Europe: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 118 Rest Of Europe: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 119 Rest Of Europe: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 120 Asia Pacific: Flow Battery Market, By Country, 2021–2023 (Usd Million)

Table 121 Asia Pacific: Flow Battery Market, By Country, 2024–2030 (Usd Million)

Table 122 Asia Pacific: Flow Battery Market, By Battery Type,

2021–2023 (Usd Million)

Table 123 Asia Pacific: Flow Battery Market, By Battery Type,

2024–2030 (Usd Million)

Table 124 Asia Pacific: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 125 Asia Pacific: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 126 Asia Pacific: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 127 Asia Pacific: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 128 China: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 129 China: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 130 China: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 131 China: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 132 Japan: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 133 Japan: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 134 Japan: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 135 Japan: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 136 India: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 137 India: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 138 India: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 139 India: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 140 Australia: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 141 Australia: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 142 Australia: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 143 Australia: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 144 South Korea: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 145 South Korea: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 146 South Korea: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 147 South Korea: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 148 Rest Of Asia Pacific: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 149 Rest Of Asia Pacific: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 150 Rest Of Asia Pacific: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 151 Rest Of Asia Pacific: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 152 Row: Flow Battery Market, By Region, 2021–2023 (Usd Million)

Table 153 Row: Flow Battery Market, By Region, 2024–2030 (Usd Million)

Table 154 Row: Flow Battery Market, By Battery Type, 2021–2023 (Usd Million)

Table 155 Row: Flow Battery Market, By Battery Type, 2024–2030 (Usd Million)

Table 156 Row: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 157 Row: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 158 Row: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 159 Row: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 160 Middle East: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 161 Middle East: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 162 Middle East: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 163 Middle East: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 164 South America: Flow Battery Market, By Storage,

2021–2023 (Usd Million)

Table 165 South America: Flow Battery Market, By Storage,

2024–2030 (Usd Million)

Table 166 South America: Flow Battery Market, By Application,

2021–2023 (Usd Million)

Table 167 South America: Flow Battery Market, By Application,

2024–2030 (Usd Million)

Table 168 Africa: Flow Battery Market, By Storage, 2021–2023 (Usd Million)

Table 169 Africa: Flow Battery Market, By Storage, 2024–2030 (Usd Million)

Table 170 Africa: Flow Battery Market, By Application, 2021–2023 (Usd Million)

Table 171 Africa: Flow Battery Market, By Application, 2024–2030 (Usd Million)

Table 172 Overview Of Strategies Adopted By Key Players,

January 2020–october 2024

Table 173 Flow Battery Market: Degree Of Competition, 2023

Table 174 Flow Battery Market: Region Footprint

Table 175 Flow Battery Market: Application Footprint

Table 176 Flow Battery Market: Storage Footprint

Table 177 Flow Battery Market: Material Footprint

Table 178 Flow Battery Market: Battery Type Footprint

Table 179 Flow Battery Market: List Of Key Startups/Smes

Table 180 Flow Battery Market: Competitive Benchmarking Of Key Startups/Smes

Table 181 Flow Battery Market: Product Launches, January 2020–october 2024

Table 182 Flow Battery Market: Deals, January 2020–october 2024

Table 183 Flow Battery Market: Other Developments,

January 2020–october 2024

Table 184 Sumitomo Electric Industries, Ltd.: Company Overview

Table 185 Sumitomo Electric Industries, Ltd.: Products/Solutions/Services Offered

Table 186 Sumitomo Electric Industries, Ltd.: Developments

Table 187 Invinity Energy Systems: Company Overview

Table 188 Invinity Energy Systems: Products/Services/Solutions Offered

Table 189 Invinity Energy Systems: Deals

Table 190 Invinity Energy Systems: Expansions

Table 191 Invinity Energy Systems: Other Developments

Table 192 Enerox Gmbh: Company Overview

Table 193 Enerox Gmbh: Products/Services/Solutions Offered

Table 194 Enerox Gmbh: Deals

Table 195 Enerox Gmbh: Expansions

Table 196 Vrb Energy: Company Overview

Table 197 Vrb Energy: Products/Services/Solutions Offered

Table 198 Vrb Energy: Deals

Table 199 Vrb Energy: Expansions

Table 200 Vrb Energy: Other Developments

Table 201 Ess Tech, Inc.: Company Overview

Table 202 Ess Tech, Inc.: Products/Services/Solutions Offered

Table 203 Ess Tech, Inc.: Product Launches

Table 204 Ess Tech, Inc.: Deals

Table 205 Ess Tech, Inc.: Expansions

Table 206 Ess Tech, Inc.: Other Developments

Table 207 Rkp Dalian Rongke Energy Storage Technology Development Co., Ltd.: Company Overview

Table 208 Rkp Dalian Rongke Energy Storage Technology Development Co., Ltd.: Products/Services/Solutions Offered

Table 209 Elestor Bv: Company Overview

Table 210 Elestor Bv: Products/Services/Solutions Offered

Table 211 Largo Inc.: Company Overview

Table 212 Largo Inc.: Products/Services/Solutions Offered

Table 213 Lockheed Martin Corporation: Company Overview

Table 214 Lockheed Martin Corporation: Products/Services/Solutions Offered

Table 215 Lockheed Martin Corporation: Developments

Table 216 Primus Power Solutions: Company Overview

Table 217 Primus Power Solutions: Products/Services/Solutions Offered

Table 218 Stryten Energy: Company Overview

Table 219 Stryten Energy: Products/Services/Solutions Offered

Table 220 Stryten Energy: Expansions

Table 221 Vizn Energy Systems: Company Overview

Table 222 Vizn Energy Systems: Products/Services/Solutions Offered

Figures List

Figure 1 Flow Battery Market Segmentation And Regional Scope

Figure 2 Flow Battery Market: Research Design

Figure 3 Flow Battery Market: Research Approach

Figure 4 Flow Battery Market: Top-down Approach

Figure 5 Flow Battery Market: Bottom-up Approach

Figure 6 Flow Battery Market Size Estimation Methodology

Figure 7 Flow Battery Market: Data Triangulation

Figure 8 Flow Battery Market: Research Assumptions

Figure 9 Flow Battery Market Size, 2021–2030

Figure 10 Redox Segment To Register Higher Cagr In Flow Battery Market,

By Battery Type, From 2024 To 2030

Figure 11 Vanadium Segment To Hold Largest Share Of Flow Battery Market,

By Material, In 2024

Figure 12 Large-scale Flow Batteries To Dominate Market, By Storage,

From 2024 To 2030

Figure 13 Utilities Segment To Hold Largest Share Of Flow Battery Market,

By Application, In 2030

Figure 14 North America Accounted For Largest Share Of Flow Battery Market In 2023

Figure 15 Rising Investment In Renewable Energy Projects To Contribute To Market Growth

Figure 16 Redox Segment To Hold Larger Share Of Flow Battery Market In 2030

Figure 17 Utilities Segment To Capture Largest Share Of Flow Battery

Market In 2030

Figure 18 Utilities Segment And Us Accounted For Largest Share Of North American Flow Battery Market In 2023

Figure 19 China To Exhibit Highest Cagr In Global Flow Battery Market During Forecast Period

Figure 20 Flow Battery Market: Drivers, Restraints, Opportunities, And Challenges

Figure 21 Global Investments In Renewable Energy, 2020–2024

Figure 22 Impact Analysis: Drivers

Figure 23 Impact Analysis: Restraints

Figure 24 Impact Analysis: Opportunities

Figure 25 Impact Analysis: Challenges

Figure 26 Trends/Disruptions Influencing Customer Business

Figure 27 Average Selling Price Of Flow Batteries Offered By Key Players, 2023

Figure 28 Average Selling Price Trend Of Flow Batteries, 2021–2023

Figure 29 Average Selling Price Trend Of Flow Batteries, By Region, 2021−2023

Figure 30 Value Chain Analysis

Figure 31 Flow Battery Ecosystem

Figure 32 Investment And Funding Scenario, 2021–2024

Figure 33 Patents Applied And Granted, 2014–2023

Figure 34 Import Scenario For Hs Code 8112-compliant Products, By Country, 2019–2023

Figure 35 Export Scenario For Hs Code 8112-compliant Products, By Country, 2019–2023

Figure 36 Porter’s Five Forces Analysis

Figure 37 Influence Of Stakeholders On Buying Process For Top 3 Applications

Figure 38 Key Buying Criteria For Top 3 Applications

Figure 39 Different Ownership Models Of Flow Batteries

Figure 40 Flow Battery Market, By Battery Type

Figure 41 Redox Flow Batteries To Lead Market Throughout Forecast Period

Figure 42 Flow Battery Market, By Material

Figure 43 Vanadium Material To Account For Largest Share Of Flow Battery Market In 2030

Figure 44 Flow Battery Market, By Storage

Figure 45 Large-scale Flow Batteries To Lead Market In 2030

Figure 46 Flow Battery Market, By Application

Figure 47 Utilities Segment To Capture Largest Share Of Flow

Battery Market In 2030

Figure 48 Flow Battery Market, By Region

Figure 49 China To Be Fastest-growing Market During Forecast Period

Figure 50 North America: Flow Battery Market Snapshot

Figure 51 Us To Account For Largest Share Of North American Flow Battery Market In 2030

Figure 52 Europe: Flow Battery Market Snapshot

Figure 53 Germany To Register Highest Cagr In European Flow Battery Market During Forecast Period

Figure 54 Asia Pacific: Flow Battery Market Snapshot

Figure 55 China To Lead Flow Battery Market In Asia Pacific During Forecast Period

Figure 56 Middle East To Hold Largest Share Of Flow Battery

Market In Row In 2030

Figure 57 Revenue Analysis Of Major Players In Flow Battery Market, 2019–2023

Figure 58 Market Share Analysis Of Companies Offering Flow Batteries, 2023

Figure 59 Company Valuation, 2024

Figure 60 Financial Metrics (Ev/Ebitda), 2024

Figure 61 Product Comparison

Figure 62 Flow Battery Market: Company Evaluation Matrix (Key Players), 2023

Figure 63 Flow Battery Market: Company Footprint

Figure 64 Flow Battery Market: Company Evaluation Matrix

(Startups/Smes), 2023

Figure 65 Sumitomo Electric Industries, Ltd.: Company Snapshot

Figure 66 Invinity Energy Systems: Company Snapshot

Figure 67 Largo Inc.: Company Snapshot

Figure 68 Lockheed Martin Corporation: Company Snapshot