Global Redox Flow Battery market is reach 370$ M by the end of 2025, growing at a CAGR of 14.3% during 2018-2025

This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market

Pune, India - July 11, 2018 /MarketersMedia/ —

The global Redox Flow Battery market is valued at 130 million US$ in 2017 and will reach 370 million US$ by the end of 2025, growing at a CAGR of 14.3% during 2018-2025.

A flow battery, or redox flow battery (after reduction–oxidation), is a type of rechargeable battery where recharge ability is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane. Ion exchange (providing flow of electric current) occurs through the membrane while both liquids circulate in their own respective space. Cell voltage is chemically determined by the Nernst equation and ranges, in practical applications, from 1.0 to 2.2 volts. The performance of these devices is governed by the considerations of electrochemical engineering.

North America and Asia-Pacific are the two largest countries with flow batteries Installation Capacity in the world, both the two countries take more than 80% of the world in 2017. Europe behind them, with about 15.09% market share.

There are more than seven main types of flow batteries in mass production or development stage in the market now. Vanadium Flow Battery is the main types, which can occupied about 70 percent revenue market share.
Currently, Sumitomo Electric, Dalian Rongke Power are the top two companies and lead in flow batteries with 29.33% and 19.29% revenue market share in 2017, respectively.

Access this report at: https://www.themarketreports.com/report/global-redox-flow-battery-market-research-report-2018

Companies profiled in this report are Sumitomo Electric, Dalian Rongke Power, Unienergy Technologies, Gildemeister, Primus Power, Redtenergy Storage, Ensync and more.

Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Vanadium Redox Flow Battery
• Hybrid Flow Battery

Analysis by Applications, this report focuses on consumption, market share and growth rate of Redox Flow Battery in each application, can be divided into
• Utility Facilities
• Renewable Energy Integration
• Others

Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/896247

Table of Contents:
1 Redox Flow Battery Market Overview
2 Global Redox Flow Battery Market Competition by Manufacturers
3 Global Redox Flow Battery Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Redox Flow Battery Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Redox Flow Battery Production, Revenue (Value), Price Trend by Types
6 Global Redox Flow Battery Market Analysis by Applications
7 Global Redox Flow Battery Manufacturers Profiles/Analysis
8 Redox Flow Battery Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Redox Flow Battery Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix

Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/896247

Contact Info:
Name: Shirish Gupta
Email: sales@themarketreports.com
Organization: The Market Reports
Address: SF-29, North Block, Sacred World, Wanawadi
Phone: +1-631-407-1315

Source URL: https://marketersmedia.com/global-redox-flow-battery-market-is-reach-370-m-by-the-end-of-2025-growing-at-a-cagr-of-14-3-during-2018-2025/376100

For more information, please visit https://www.themarketreports.com/report/global-redox-flow-battery-market-research-report-2018

Source: MarketersMedia

Release ID: 376100

Latest News

Robot recreates the walk of a 290-million-year-old creature

Jan 17, 2019

WASHINGTON — How did the earliest land animals move? Scientists have used a nearly 300-million-year old fossil skeleton and preserved ancient footprints to create a moving robot model of prehistoric life. Evolutionary biologist John Nyakatura at Humboldt University in Berlin has spent years studying a 290-million-year-old fossil dug up in central Germany's Bromacker quarry in 2000. The four-legged plant-eater lived before the dinosaurs and fascinates scientists "because of its position on the tree of life," said Nyakatura. Researchers believe the creature is a "stem amniote" — an early land-dwelling animal that later evolved into modern mammals, birds and reptiles. Scientists...

Archaeologists find Rome-era tombs in Egypt's Western Desert

Jan 17, 2019

CAIRO — Egypt says archaeologists have uncovered two ancient tombs dating back to the Roman period in the country's Western Desert. The Antiquities Ministry says Tuesday the excavations took place in the Beir Al-Shaghala archaeological site in the Dakhla Oasis. Mostafa Waziri, secretary general of the Supreme Council of Antiquities, says the tombs were built in mud-brick with different architectural styles. He says archaeologists uncovered ancient human remains and pottery fragments inside the tombs. They also found colorful funeral paintings on the walls of both tombs. In recent years, Egypt has heavily promoted new archaeological finds to international media and...

SpaceX launches 10 more Iridium Communications satellites

Jan 17, 2019

LOS ANGELES — A SpaceX rocket delivered 10 satellites to low-Earth orbit on Friday, completing a two-year campaign by Iridium Communications Inc. to replace its original fleet with a new generation of mobile communication technology and added global aircraft tracking capability. The Falcon 9 rocket blasted off from Vandenberg Air Force Base at 7:31 a.m. and arced over the Pacific west of Los Angeles. The previously used first stage was recovered again with a bullseye landing on a "droneship" in the ocean while the upper stage continued on to orbit. The eighth and final launch of the $3 billion Iridium...

Experimental app might spot drug overdoses in time to help

Jan 17, 2019

WASHINGTON — Too often people die of an opioid overdose because no one's around to notice they're in trouble. Now scientists are creating a smartphone app that beams sound waves to measure breathing — and summon help if it stops. The app is still experimental. But in a novel test, the "Second Chance" app detected early signs of overdose in the critical minutes after people injected heroin or other illegal drugs, researchers reported Wednesday. One question is whether most drug users would pull out their phone and switch on an app before shooting up. The University of Washington research team...

What's in a name? 5G wireless claims, but no real network

Jan 17, 2019

NEW YORK — 5G E? 5G Plus? 5G Ultrawideband? Will the real 5G please stand up? AT&T has drawn ridicule by relabeling the network used by some of its phones as "5G E" to signal that the next-generation wireless network is here. Problem is, phones capable of connecting to 5G aren't coming for another few months, and a national 5G network won't be deployed until 2020 or 2021. But Verizon, which complained Tuesday about AT&T's move, did something similar when it launched a residential wireless service with the 5G moniker using its own proprietary technology. Although there are now industry...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com