Product Code: ANV4709
REPORT HIGHLIGHT
Flow Battery Market size was valued at US$ 361.2 Million in 2024, expanding at a CAGR of 23.50% from 2025 to 2032.
A flow battery is a kind of rechargeable battery that uses external tanks to store chemical energy in liquid electrolyte solutions. With flow batteries, the electrolyte is circulated between electrodes and a membrane, causing an electrochemical reaction that generates electricity, in contrast to conventional batteries, which store energy inside the battery cell. Grid-scale energy storage systems can benefit from the long-term energy storage capacity of flow batteries. Increasing demand for energy storage systems around the world is the main driver of market expansion. By 2030, the U.S. Department of Energy predicts that the worldwide energy storage market will have grown to over 2,500 GWh. The industry is also expanding due to the growing number of electric vehicle (EV) charging stations around the globe. However, this market's expansion is limited by the high initial costs of manufacturing flow batteries and the lack of uniformity in the development of flow battery systems.
Flow Battery Market- Market Dynamics
Growing Investments in the Renewable Energy Sector are Increasing Flow Battery Demand
With little to no greenhouse gas emissions, renewable energy sources, including solar, wind, hydro, and geothermal power, supply electricity while reducing air pollution, mitigating climate change, and safeguarding human health and the environment. Renewable energy reduces reliance on fossil fuels and imported energy sources, diversifies the energy mix, and increases energy security by making countries less vulnerable to price fluctuations and supply interruptions. Flow batteries' high storage capacity, long cycle lives, and grid stability support make them suitable for renewable energy applications. Thus, the increased focus on renewable energy is driving up demand for flow batteries worldwide. The global investment in energy transition technologies, including energy efficiency, reached USD 1.3 trillion in 2022, according to the Global Landscape of Renewable Energy Finance 2023 research. Setting a new record high, it increased investment levels by 19% over 2021 and by 70% over the pre-pandemic period in 2019. Renewable energy sources made up roughly 13.1% of the primary energy consumed in the US in 2022. Approximately 21.5% of the total electricity generated at the utility-scale came from renewable sources. Manufacturing and installation operations can see economies of scale as a result of increased investments in renewable energy. Additionally, the renewable energy industry attracts new players and businesses due to such large expenditures. Furthermore, during the forecast period, it is anticipated that favorable government policies such as tax-related incentives, decreased customs tariffs, subsidies, and pricing incentives will increase investments in renewable energy projects.
Flow Battery Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 23.50% over the forecast period (2025-2032)
Based on type segmentation, the redox was predicted to show maximum market share in the year 2024
Based on storage segmentation, large-scale was the leading segment in 2024
Based on application segmentation, grid/utility was the leading segment in 2024
On the basis of region, Asia Pacific was the leading revenue generator in 2024
Flow Battery Market- Segmentation Analysis:
The Global Flow Battery Market is segmented on the basis of Type, Storage, Material, Application, and Region.
On the basis of type, the market is segregated into Hybrid and Redox. In 2024, the market was dominated by the redox category. This is because of how many different sectors it may be used in. The majority of flow batteries utilized in different industries are vanadium flow batteries, which fall within the redox flow battery group. Redox processes, or reduction-oxidation reactions, are the main modes of operation for a flow battery. Because flow batteries operate through chemical reactions, they are frequently referred to as redox flow batteries (RFBs). The well-known vanadium redox flow battery (VRFB) manufacturer Enerox GmbH (CellCube) and the clean energy storage company North Harbour Clean Energy PTY (NHCE) of Australia signed a strategic partnership in December 2022. By establishing a manufacturing and assembly plant in Eastern Australia, this deal seeks to satisfy the National Electricity Market's (NEM) increasing need for prolonged energy storage measured in gigawatt-hours (GWh).
Based on application, the market is divided into EV Charging Stations, Grid/Utility, Commercial & Industrial, and Residential. In 2024, the grid/utility category held a dominant market share. The flow battery's crucial role in grid integration, support for grid resilience, lower energy transmission costs, environmental benefits, and exceptional scalability are some of the reasons for this supremacy. A dependable and effective way to store electrical energy is with flow batteries. They can assist in stabilizing the electrical system by absorbing surplus electricity when supply outpaces demand and releasing it when needed. Maintaining grid reliability requires this, particularly when incorporating sporadic renewable energy sources like wind and solar. Flow batteries improve grid infrastructure in the long run and are good at peak shaving.
Flow Battery Market- Geographical Insights
In 2024, the market was led and accounted for by Asia Pacific. This is explained by the widespread use of flow batteries in developed nations like China, Australia, and Japan. In these economies, the use of these batteries is growing quickly, especially for commercial, industrial, and utility applications. Additionally, it is anticipated that numerous government investments in flow batteries will accelerate industry expansion. For instance, the Australian government made a USD 24 million investment in the local flow battery business in August 2023. By increasing Queensland's domestic battery capacity, this investment in locally produced flow batteries will help the state meet its renewable energy targets. Moreover, the region's adoption of flow batteries is also being aided by greater expenditures in renewable energy technologies. The region's dominant position and continuous dedication to developing energy storage technologies are reflected in the sizeable market share.
However, throughout the projected period, the North American region is anticipated to see the fastest CAGR. Increased funding for renewable energy projects and improvements in battery technology are primarily responsible for this growth. The region's focus on energy storage and grid modernization increases demand for flow batteries, which provide scalable and dependable storage solutions. Furthermore, governments and energy regulators' encouraging policies and incentives are fostering the growth of regional markets. Its aggressive adoption of cutting-edge energy solutions and dedication to improving energy storage capacities are reflected in North America's growth.
Flow Battery Market- Competitive Landscape:
With numerous manufacturers holding the majority of the industry share, the market is extremely competitive. Leading companies such as Largo Inc., Primus Power, ESS Inc., Invinity Energy Systems, and Cell Cube (Enerox GmbH), among others, are concentrating on a number of crucial business tactics, including joint ventures, product breakthroughs, mergers and acquisitions, and partnerships, in order to broaden their product lines and boost their market shares in various geographical areas. In order to improve their position in the market, manufacturers are also implementing a number of strategic initiatives, such as supply chain optimization, new manufacturing facility construction, and R&D expenditures. For instance, in April 2024, to create cutting-edge Vanadium-Redox-Flow-Battery systems and expand the home energy storage market, SCHMID Energy Systems GmbH and Australian Flow Batteries Pty Ltd (AFB) signed a Memorandum of Understanding. Together with SCHMID's technological know-how, the partnership seeks to capitalize on AFB's dedication to carbon reduction and electrical independence. The goal of this collaboration is to advance innovation and increase manufacturing capacity in the energy storage industry.
Recent Development
March 2024: Vanadium Redox Flow batteries were tested on an industrial scale in a pilot project initiated by Jan De Nul, Equans, and ENGIE. In order to aid in the shift to a carbon-free economy and optimize power management, this project was created to assess these batteries. As part of the pilot, a 578 kW solar panel system was linked to an 800 kWh Vanadium Redox Flow battery, which was controlled by a sophisticated energy management system.
January 2024: The largest auto salvage business in the UK, Synetiq, has teamed up with Allye Energy to provide the startup with used electric vehicle battery packs for energy storage devices. For its 300 kWh battery storage system, Allye will test and buy electric vehicle (EV) packs from Synetiq. Four recycled EV battery packs make up each kWh battery pack, which is enough to power a factory or fifty homes per day. Allye is offering these packets for rent to customers.
December 2023: For an undisclosed sum, the Netherlands-based AMG Critical Materials purchased vanadium redox flow battery (VRFB) assets from the Voith Group. AMG Critical Materials has a strategic edge thanks to the purchase of vanadium redox flow battery (VRFB) assets from The Voith Group. This allows for portfolio diversification into energy storage solutions, adds cutting-edge technology, and capitalizes on the expanding market demand for grid-scale energy storage solutions. The Voith Group, a technology business with headquarters in Germany, makes flow batteries.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL FLOW BATTERY MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
- Largo Inc.
- Primus Power
- ESS Inc.
- Invinity Energy Systems
- Cell Cube (Enerox GmbH)
- Redox One
- WattJoule Corporation
- Sumitomo Electric Industries, Ltd.
- VRB Energy
- Elestor
- Redflow Ltd.
- EverFlow
- Stryten Energy
- Jenabatteries GmbH
- Lockheed Martin Corporation
- ViZn Energy Systems
- Others
GLOBAL FLOW BATTERY MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032
GLOBAL FLOW BATTERY MARKET, BY STORAGE- MARKET ANALYSIS, 2019 - 2032
GLOBAL FLOW BATTERY MARKET, BY MATERIAL- MARKET ANALYSIS, 2019 - 2032
- Vanadium
- Iron
- Zinc Bromine
- Others
GLOBAL FLOW BATTERY MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
- EV Charging Stations
- Grid/Utility
- Commercial & Industrial
- Residential
GLOBAL FLOW BATTERY MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- Sweden
- Russia
- Poland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Thailand
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
Table of Contents
1. Flow Battery Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Flow Battery Market Snippet by Type
- 2.1.2. Flow Battery Market Snippet by Storage
- 2.1.3. Flow Battery Market Snippet by Material
- 2.1.4. Flow Battery Market Snippet by Application
- 2.1.5. Flow Battery Market Snippet by Country
- 2.1.6. Flow Battery Market Snippet by Region
- 2.2. Competitive Insights
3. Flow Battery Key Market Trends
- 3.1. Flow Battery Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Flow Battery Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Flow Battery Market Opportunities
- 3.4. Flow Battery Market Future Trends
4. Flow Battery Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Flow Battery Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Flow Battery Market Landscape
- 6.1. Flow Battery Market Share Analysis, 2024
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Flow Battery Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2024 & 2032 (%)
- 7.1.2. Hybrid
- 7.1.3. Redox
8. Flow Battery Market - By Storage
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Storage, 2024 & 2032 (%)
- 8.1.2. Small Scale
- 8.1.3. Large Scale
9. Flow Battery Market - By Material
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Material, 2024 & 2032 (%)
- 9.1.2. Vanadium
- 9.1.3. Iron
- 9.1.4. Zinc Bromine
- 9.1.5. Others
10. Flow Battery Market - By Application
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By Application, 2024 & 2032 (%)
- 10.1.2. EV Charging Stations
- 10.1.3. Grid/Utility
- 10.1.4. Commercial & Industrial
- 10.1.5. Residential
11. Flow Battery Market- By Geography
- 11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
- 11.2. North America
- 11.2.1. Overview
- 11.2.2. Flow Battery Key Manufacturers in North America
- 11.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.2.4. North America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.2.5. North America Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.2.6. North America Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.7. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.8. U.S.
- 11.2.8.1. Overview
- 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.8.3. U.S. Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.2.8.4. U.S. Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.2.8.5. U.S. Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.8.6. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.9. Canada
- 11.2.9.1. Overview
- 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.2.9.3. Canada Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.2.9.4. Canada Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.2.9.5. Canada Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.2.9.6. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3. Europe
- 11.3.1. Overview
- 11.3.2. Flow Battery Key Manufacturers in Europe
- 11.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.3.4. Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.5. Europe Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.6. Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.7. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.8. Germany
- 11.3.8.1. Overview
- 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.8.3. Germany Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.8.4. Germany Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.8.5. Germany Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.8.6. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.9. France
- 11.3.9.1. Overview
- 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.9.3. France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.9.4. France Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.9.5. France Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.9.6. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.10. Italy
- 11.3.10.1. Overview
- 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.10.3. Italy Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.10.4. Italy Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.10.5. Italy Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.10.6. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.11. Spain
- 11.3.11.1. Overview
- 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.11.3. France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.11.4. France Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.11.5. France Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.11.6. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.12. United Kingdom
- 11.3.12.1. Overview
- 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.12.3. United Kingdom Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.12.4. United Kingdom Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.12.5. United Kingdom Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.12.6. United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.13. Russia
- 11.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.13.2. Russia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.13.3. Russia Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.13.4. Russia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.13.5. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.14. Netherlands
- 11.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.14.2. Netherlands Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.14.3. Netherlands Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.14.4. Netherlands Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.14.5. Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.15. Sweden
- 11.3.15.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.15.2. Sweden Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.15.3. Sweden Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.15.4. Sweden Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.15.5. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.16. Poland
- 11.3.16.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.16.2. Poland Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.16.3. Poland Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.16.4. Poland Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.16.5. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.17. Rest of Europe
- 11.3.17.1. Overview
- 11.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.3.17.3. Rest of the Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.17.4. Rest of the Europe Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.3.17.5. Rest of the Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.3.17.6. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4. Asia Pacific (APAC)
- 11.4.1. Overview
- 11.4.2. Flow Battery Key Manufacturers in Asia Pacific
- 11.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.4.4. Asia Pacific Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.5. Asia Pacific Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.6. Asia Pacific Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.7. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.8. India
- 11.4.8.1. Overview
- 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.8.3. India Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.8.4. India Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.8.5. India Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.8.6. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.9. China
- 11.4.9.1. Overview
- 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.9.3. China Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.9.4. China Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.9.5. China Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.9.6. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.10. South Korea
- 11.4.10.1. Overview
- 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.10.3. South Korea Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.10.4. South Korea Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.10.5. South Korea Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.10.6. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.11. Japan
- 11.4.11.1. Overview
- 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.11.3. Japan Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.11.4. Japan Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.11.5. Japan Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.11.6. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.12. Australia
- 11.4.12.1. Overview
- 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.12.3. Australia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.12.4. Australia Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.12.5. Australia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.12.6. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.13. Thailand
- 11.4.13.1. Overview
- 11.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.13.3. Thailand Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.13.4. Thailand Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.13.5. Thailand Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.13.6. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.14. Indonesia
- 11.4.14.1. Overview
- 11.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.14.3. Indonesia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.14.4. Indonesia Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.14.5. Indonesia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.14.6. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.15. Philippines
- 11.4.15.1. Overview
- 11.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.15.3. Philippines Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.15.4. Philippines Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.15.5. Philippines Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.15.6. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.16. Rest of APAC
- 11.4.16.1. Overview
- 11.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.4.16.3. Rest of APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.16.4. Rest of APAC Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.4.16.5. Rest of APAC Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.4.16.6. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5. Latin America
- 11.5.1. Overview
- 11.5.2. Flow Battery Key Manufacturers in Latin America
- 11.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.5.4. Latin America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.5. Latin America Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.6. Latin America Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.7. Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.8. Brazil
- 11.5.8.1. Overview
- 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.5.8.3. Brazil Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.8.4. Brazil Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.8.5. Brazil Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.8.6. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.9. Mexico
- 11.5.9.1. Overview
- 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.5.9.3. Mexico Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.9.4. Mexico Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.9.5. Mexico Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.9.6. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.10. Argentina
- 11.5.10.1. Overview
- 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.5.10.3. Argentina Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.10.4. Argentina Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.10.5. Argentina Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.10.6. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.11. Colombia
- 11.5.11.1. Overview
- 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.5.11.3. Colombia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.11.4. Colombia Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.11.5. Colombia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.11.6. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.12. Rest of LATAM
- 11.5.12.1. Overview
- 11.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.5.12.3. Rest of LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.12.4. Rest of LATAM Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.5.12.5. Rest of LATAM Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.5.12.6. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6. Middle East and Africa
- 11.6.1. Overview
- 11.6.2. Flow Battery Key Manufacturers in Middle East and Africa
- 11.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.6.4. Middle East and Africa Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.5. Middle East and Africa Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.6. Middle East and Africa Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.7. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.8. Saudi Arabia
- 11.6.8.1. Overview
- 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.8.3. Saudi Arabia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.8.4. Saudi Arabia Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.8.5. Saudi Arabia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.8.6. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.9. United Arab Emirates
- 11.6.9.1. Overview
- 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.9.3. United Arab Emirates Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.9.4. United Arab Emirates Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.9.5. United Arab Emirates Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.9.6. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.10. Israel
- 11.6.10.1. Overview
- 11.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.10.3. Israel Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.10.4. Israel Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.10.5. Israel Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.10.6. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.11. Turkey
- 11.6.11.1. Overview
- 11.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.11.3. Turkey Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.11.4. Turkey Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.11.5. Turkey Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.11.6. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.12. Algeria
- 11.6.12.1. Overview
- 11.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.12.3. Algeria Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.12.4. Algeria Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.12.5. Algeria Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.12.6. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.13. Egypt
- 11.6.13.1. Overview
- 11.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.13.3. Egypt Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.13.4. Egypt Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.13.5. Egypt Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.13.6. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.14. Rest of MEA
- 11.6.14.1. Overview
- 11.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 11.6.14.3. Rest of MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.14.4. Rest of MEA Market Size and Forecast, By Storage, 2019 - 2032 (US$ Million)
- 11.6.14.5. Rest of MEA Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
- 11.6.14.6. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
12. Key Vendor Analysis- Flow Battery Industry
- 12.1. Competitive Dashboard
- 12.2. Company Profiles
- 12.2.1. Largo Inc.
- 12.2.2. Primus Power
- 12.2.3. ESS Inc.
- 12.2.4. Invinity Energy Systems
- 12.2.5. Cell Cube (Enerox GmbH)
- 12.2.6. Redox One
- 12.2.7. WattJoule Corporation
- 12.2.8. Sumitomo Electric Industries, Ltd.
- 12.2.9. VRB Energy
- 12.2.10. Elestor
- 12.2.11. Redflow Ltd.
- 12.2.12. EverFlow
- 12.2.13. Stryten Energy
- 12.2.14. Jenabatteries GmbH
- 12.2.15. Lockheed Martin Corporation
- 12.2.16. ViZn Energy Systems
- 12.2.17. Others
13. 360 Degree Analyst View
14. Appendix
- 14.1. Research Methodology
- 14.2. References
- 14.3. Abbreviations
- 14.4. Disclaimer
- 14.5. Contact Us