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

IPO mania: Zoom zooms, Pinterest pins down Wall Street

Apr 21, 2019

SAN FRANCISCO — There's some tech jubilance in the air on Wall Street and in Silicon Valley as a pair of newly public companies — Zoom and Pinterest — saw their stocks soar on their first trading day. No one wants talk about a bubble, not to mention its prospects for bursting, but the strong initial performances might reassure investors with jittery nerves following ride-hailing company Lyft's disappointing start less than a month ago. Zoom Video Communications, which makes video conferencing technology people use for work, came out as a dark horse (or perhaps a dark unicorn), its shares surging...

Indiana sewer project unearths trove of mastodon bones

Apr 21, 2019

SEYMOUR, Ind. — Workers installing sewer lines across a southern Indiana farm unearthed the fossilized bones of a mastodon that likely stood about 9 feet (2.7 meters) tall. The bones include most of a tusk, parts of a skull and a jawbone with teeth. They were recently dug up on a farm in Seymour, about 60 miles (96 kilometers) south of Indianapolis. Joe Schepman owns the farm with his family. He tells The Seymour Tribune that "it's amazing to think about something this large roaming around this area." Ron Richards is senior research curator of paleobiology at the Indiana State...

Rebuilding Notre Dame will be long, fraught and expensive

Apr 21, 2019

LONDON — Notre Dame in Paris is not the first great cathedral to suffer a devastating fire, and it probably won't be the last. In a sense, that is good news. A global army of experts and craftspeople can be called on for the long, complex process of restoring the gutted landmark. The work will face substantial challenges — starting immediately, with the urgent need to protect the inside of the 850-year-old cathedral from the elements, after its timber-beamed roof was consumed by flames . The first priority is to put up a temporary metal or plastic roof to stop...

FCC to hold big 5G auction, spend $20B for rural internet

Apr 21, 2019

WASHINGTON — The U.S. government will hold a massive auction later this year to bolster 5G service , the next generation of mobile networks. President Donald Trump showcased the announcement Friday, declaring that the race to stand up these faster, more powerful networks is a competition "America must win." "We cannot allow any other country to outcompete the United States in this powerful industry of the future," Trump said at the White House. "We are leading by so much in so many different industries of that type, and we just can't let that happen." Trump also announced a $20 billion...

The Latest: Trump says America must win race to build 5G

Apr 21, 2019

WASHINGTON — The Latest on President Donald Trump and 5G next generation mobile networks (all times local): 2:45 p.m. President Donald Trump says the race to build 5G is one America must win. Trump said Friday at the White House that building high-speed networks across the United States will transform the way Americans work, learn, communicate and travel. 5G will mean faster wireless speeds and has implications for technologies like self-driving cars and augmented reality. The rollout started last week in the U.S. and South Korea but will take years. Trump says, "We must not rest. The race is far...

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