About Flow Battery
A flow battery is basically an electrochemical energy storage system that is rechargeable. It converts the chemical energy stored in the battery into electrical energy, similar to fuel cells and conventional batteries. It is suitable for providing backup power to large-scale application systems such as grid scale power systems.
A typical flow battery consists of two compartments, known as tanks. These tanks contain electrodes and are separated by a membrane. The flow battery is charged and discharged by chemical reactions between the liquid electrolytes.
Technavios analysts forecast the global flow battery market to grow at a CAGR of 9.4% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global flow battery market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.
The market is divided into the following segments based on battery type:
Redox battery system
Hybrid battery systems
others
Technavios report, Global Flow Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
EnerVault
Imergy
Primus Power
Prudent Energy
Other prominent vendors
Aquion Energy
EnSync Energy Systems
Redflow
Sumitomo Electric
UniEnergy Technologies
Market driver
Increased government support
For a full, detailed list, view our report
Market challenge
Competition from other energy storage technologies
For a full, detailed list, view our report
Market trend
Increased use of flow battery in electric vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by battery type
Global flow battery market by battery type 2015-2020
Global flow battery market by battery type 2015-2020
Global flow battery market by redox battery segment
Global flow battery market by hybrid battery segment
Global flow battery market by others segment
PART 07: Geographical segmentation
Global flow battery market by geography
Flow battery market in Americas
Flow battery market in EMEA
Flow battery market in APAC
PART 08: Market drivers
Increased government support
Rising R&D
Technological advancements
PART 09: Impact of drivers
PART 10: Market challenges
Competition from other energy storage technologies
Technical challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
Increased use of flow battery in electric vehicles
Rise in applications of flow battery
Growing shift to renewable energy
PART 13: Vendor landscape
Competitive landscape
Other prominent vendors
PART 14: Key vendor analysis
EnerVault
Imergy Power Systems
Primus Power
Prudent Energy
PART 15: Appendix
List of abbreviation
PART 16: Explore Technavio
LOE
Exhibit 01: Product offerings
Exhibit 02: Characteristics of flow batteries when compared to other storage systems
Exhibit 03: Segmentation of global flow battery market
Exhibit 04: Global flow battery market 2015-2020 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global flow battery market by battery type 2015 and 2020
Exhibit 07: Global flow battery market by battery type 2015-2020
Exhibit 08: Projects of flow battery
Exhibit 09: Cost of various components used in redox battery system
Exhibit 10: Global flow battery market by redox battery segment 2015-2020 ($ millions)
Exhibit 11: Redox flow systems
Exhibit 12: Comparison between iron-chromium redox flow battery and vanadium redox flow battery
Exhibit 13: Global flow battery market by hybrid battery 2015-2020 ($ millions)
Exhibit 14: Specifications of ZBM
Exhibit 15: Global flow battery market by others segment 2015-2020 ($ millions)
Exhibit 16: Global flow battery market by geography 2015-2020
Exhibit 17: Global flow battery market by geographical segmentation 2015-2020
Exhibit 18: Flow battery market in Americas 2015-2020 ($ millions)
Exhibit 19: Flow battery market in EMEA 2015-2020 ($ millions)
Exhibit 20: Flow battery market in APAC 2015-2020 ($ millions)
Exhibit 21: Impact of drivers
Exhibit 22: Efficiency of various advanced storage systems
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Comparison of different energy storage systems
Exhibit 25: Product offerings by few key vendors
Exhibit 26: Imergy: Product segmentation
Exhibit 27: Prudent Energy: Products and services
