Global Flow Battery Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 381.43 Billion |
Market Size (Forecast Year) |
USD 2,853.27 Billion |
CAGR |
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Major Markets Players |
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全球液流电池市场,按类型(氧化还原和混合)、材料(钒和锌溴)、存储(紧凑和大规模)、应用(公用事业、商业和工业、军事和电动汽车充电站)、组件(膜、电源调节系统 (PCS)、热交换器、石墨毡、双极板等)、所有权(客户所有、第三方所有和公用事业所有)划分 - 行业趋势和预测到 2031 年。
液流电池市场分析和规模
市场正在经历显著增长,这得益于对储能解决方案的需求不断增长,特别是在可再生能源整合和电网稳定应用方面。政府对液流电池技术的投资,特别是在储能项目中,也促进了市场的增长。对可持续能源解决方案的日益关注以及对可靠、高效的储能系统日益增长的需求可能会为市场参与者创造有利可图的机会。
2023 年全球液流电池市场规模价值 3814.3 亿美元,预计到 2031 年将达到 28532.7 亿美元,2024 年至 2031 年预测期内的复合年增长率为 28.60%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外,Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理位置表示的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
报告范围和市场细分
报告指标 |
细节 |
预测期 |
2024 至 2031 年 |
基准年 |
2023 |
历史岁月 |
2022(可定制为 2016 - 2021) |
定量单位 |
收入(单位:十亿美元)、销量(单位:台)、定价(美元) |
涵盖的领域 |
类型(氧化还原和混合)、材料(钒和锌溴)、存储(紧凑和大规模)、应用(公用事业、商业和工业、军事和电动汽车充电站)、组件(膜、电源调节系统 (PCS)、热交换器、石墨毡、双极板等)、所有权(客户所有、第三方所有和公用事业所有) |
覆盖国家 |
美国、加拿大、墨西哥、德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲其他地区、巴西、阿根廷和南美洲其他地区 |
涵盖的市场参与者 |
Lockheed Martin Corporation (U.S.), ViZn Energy Systems (U.S.), UniEnergy Technologies (U.S.), Sumitomo Electric Industries, Ltd. (Japan), Invinity Energy Systems. (U.S.), Iqony Solar Energy Solutions. (Germany), ESS, Inc (U.S.), Primus Power (U.S.), nanoFlowcell Management AG. (Switzerland), Primus Power (U.S.), Gelion plc (Australia), redT energy plc (U.K.), UniEnergy Technologies. (U.S.), Redflow Limited (Australia), Elestor (Netherland), JenaBatteries GmbH (Germany), Volterion Dortmund (Germany), VoltStorage (Germany), H2, Inc. (South Korea), and KEMIWATT (France) |
Market Opportunities |
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Market Definition
A flow battery is a type of rechargeable battery in which chemical energy is stored in liquid electrolyte solutions contained in external tanks. Unlike conventional batteries, where the energy storage is within the battery cell, the electrolyte is pumped through electrodes and a membrane in flow batteries, creating an electrochemical reaction that produces electricity. Flow batteries are known for storing large amounts of energy for extended periods, making them suitable for grid-scale energy storage applications.
Flow Battery Market Dynamics
Drivers
- Government Support and Incentives
With the increasing adoption of solar and wind power, there is a growing requirement for energy storage solutions to manage the intermittency of these sources. Flow batteries, known for storing substantial energy over prolonged durations, are well-suited for this role. The Australian government's allocation of USD 24 million to its local flow battery industry in August 2023 highlights the rising demand for integrating renewable energy sources. This investment in locally produced flow batteries will bolster Queensland's capacity for domestic battery storage, aligning with the state's renewable energy objectives and driving the market growth.
- Growing Demand for Renewable Energy Integration
The growing demand for renewable energy integration stems from the increasing penetration of solar and wind power, which makes balancing energy supply and demand difficult. Energy storage solutions are crucial to address these challenges by storing excess energy produced during high generation and releasing it when demand exceeds supply. Due to their ability to store large amounts of energy for extended periods, the adoption of flow batteries in the market is increasing, driven by the need for effective renewable energy integration and grid stability.
Opportunities
- Rising Demand for Grid Stabilization
With the growing complexity of modern power grids and the increasing frequency of grid disruptions, there is a growing need for energy storage systems to provide grid stabilization services. Flow batteries are increasingly appealing to grid operators due to their capacity to swiftly adjust to changes in supply and demand driving their demand in the market and creating new opportunities.
- Technological Advancements
Ongoing advancements in flow battery technology drive significant improvements in performance and efficiency, positioning flow batteries as competitive alternatives to other energy storage technologies. Key advancements include electrolyte formulations, which enhance energy storage capacity and cycle life, and the development of advanced membrane materials that improve battery efficiency and reduce maintenance requirements. The market for flow batteries is expected to grow as these technological advancements continue to enhance the capabilities of flow battery systems.
Restraints/Challenges
- High Initial Costs
While the long-term operational benefits of flow batteries, such as their ability to store large amounts of energy for extended periods, are appealing, the initial investment required can be prohibitive for some users. This is especially true for large-scale installations, where the cost per kilowatt-hour of storage is a critical factor in decision-making. The high costs of installation and maintenance expenses for flow battery systems present a significant challenge for market growth.
- Limited Energy Density
Flow batteries face limitations in terms of energy density compared to other battery technologies, such as lithium-ion batteries. This limitation means that flow batteries require more space to store the same amount of energy, which can be a constraint in applications where space is limited. While flow batteries excel in applications requiring long-duration energy storage, their lower energy density may limit their suitability for certain applications, particularly those with space constraints, which can be challenging for the market.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flow battery market contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In June 2023, Invinity Energy Systems, a leading global manufacturer of utility-grade energy storage, expanded its global presence. The company has successfully sold 2.07 MWh worth of vanadium batteries to Orcas Power and Light Cooperative (OPALCO). This sale is intended for use in a solar plus storage project, where OPALCO will install nine Invinity VS3 vanadium flow batteries alongside a 2.75 MWp solar array
- In June 2023, Redflow Limited's flow batteries received funding and approval from the California Energy Commission (CEC) for a large-scale solar and storage project. The 20-MWh system is set to become one of the largest zinc-based battery projects globally and marks Redflow's largest single sale and deployment of batteries to date. This approval places Redflow among a select group of commercially proven non-lithium storage providers that the CEC is supporting as part of its efforts to build a robust portfolio of long-duration energy storage projects
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Flow Battery Market Scope
The market is segmented on the basis of type, material, storage, application, component, and ownership. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Redox
- Hybrid
Material
- Vanadium
- Zinc–Bromine
Storage
- Compact
- Large Scale
Application
- Utilities
- Commercial and Industrial
- Military
- EV Charging Station
Component
- Membrane
- Power Conditioning System (PCS)
- Heat Exchanger
- Graphite Felt
- Bipolar Plate
- Other
Ownership
- Customer-Owned
- Third-Party Owned
- Utility Owned
Flow Battery Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, type, material, storage, application, component, and ownership as referenced above.
市场报告涉及的国家包括美国、加拿大、墨西哥、德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲其他地区、巴西、阿根廷和南美洲其他地区。
由于中国、澳大利亚和日本等主要经济体大量采用液流电池,亚太地区预计将占据市场主导地位并成为增长最快的地区。这些电池的采用正在迅速增加,尤其是在公用事业、工业和商业领域。此外,随着政府对液流电池的投资,市场有望进一步增长。
报告的国家部分还提供了影响单个市场因素和国内市场监管变化,这些因素和变化影响了市场的当前和未来趋势。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测单个国家市场情景的一些指标。此外,在提供国家数据的预测分析时,还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
竞争格局和液流电池市场份额分析
市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、产生的收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对市场的关注有关。
市场上的一些主要参与者包括:
- 洛克希德·马丁公司(美国)
- ViZn 能源系统 (美国)
- UniEnergy Technologies(美国)
- 住友电气工业株式会社(日本)
- Invinity Energy Systems(美国)
- Iqony 太阳能解决方案(德国)
- ESS, Inc(美国)
- Primus Power(美国)
- nanoFlowcell Management AG(瑞士)
- Primus Power(美国)
- Gelion plc (澳大利亚)
- redT energy plc(英国)
- UniEnergy Technologies(美国)
- Redflow Limited(澳大利亚)
- Elestor(荷兰)
- JenaBatteries GmbH(德国)
- 多特蒙德 Volterion(德国)
- VoltStorage(德国)
- H2, Inc.(韩国)
- 凯米瓦特(法国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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