Flow Battery Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The flow battery market is expected to reach USD 736.78 million by the end of this year and is projected to register a CAGR of over 22% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels.
Key HighlightsThe flow battery market is moderately fragmented. Some of the major players in the market (in no particular order) VRB Energy, RedFlow Ltd, Invinity Energy Systems PLC, Primus Power Corporation, and ESS Tech Inc., among others.
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