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Global Flow Battery Market 2016-2020

  • February 2016
  • -
  • Infiniti Research Limited
  • -
  • 50 pages

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.

Technavio’s 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

Technavio's 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 vendorsoperating 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 analyst’s time when you purchase this market report. Details are provided within the report.

Table Of Contents

Global Flow Battery Market 2016-2020
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 RandD
- 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

List of Exhibits
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

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