Global Redox Flow Battery Market

Global Redox Flow Battery Market Research Report 2021

Global Redox Flow Battery Market

Global Redox Flow Battery Market Research Report 2021

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Research Predicts that Redox Flow Battery Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Redox Flow Battery Market Overview:

Global Redox Flow Battery Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Redox Flow Battery involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Redox Flow Battery Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Redox Flow Battery market in 2020.

Global Redox Flow Battery Market Segmentation

By Type, Redox Flow Battery market has been segmented into:

Vanadium Redox Flow Battery

Hybrid Flow Battery

By Application, Redox Flow Battery market has been segmented into:

Utility Facilities

Renewable Energy Integration

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Redox Flow Battery market are:

Sumitomo Electric

Dalian Rongke Power

UniEnergy Technologies

Gildemeister

Primus Power

redTENERGY Storage

EnSync

1. Market Overview of Redox Flow Battery

1.1 Redox Flow Battery Market Overview

1.1.1 Redox Flow Battery Product Scope

1.1.2 Market Status and Outlook

1.2 Redox Flow Battery Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Redox Flow Battery Historic Market Size by Regions (2015-2020)

1.4 Redox Flow Battery Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Redox Flow Battery Sales Market by Type (2015-2026)

2.1 Global Redox Flow Battery Historic Market Size by Type (2015-2020)

2.2 Global Redox Flow Battery Forecasted Market Size by Type (2021-2026)

2.3 Vanadium Redox Flow Battery

2.4 Hybrid Flow Battery

3. Covid-19 Impact Redox Flow Battery Sales Market by Application (2015-2026)

3.1 Global Redox Flow Battery Historic Market Size by Application (2015-2020)

3.2 Global Redox Flow Battery Forecasted Market Size by Application (2021-2026)

3.3 Utility Facilities

3.4 Renewable Energy Integration

3.5 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Redox Flow Battery Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Redox Flow Battery Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Redox Flow Battery Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Redox Flow Battery Business

5.1 Sumitomo Electric

5.1.1 Sumitomo Electric Company Profile

5.1.2 Sumitomo Electric Redox Flow Battery Product Specification

5.1.3 Sumitomo Electric Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Dalian Rongke Power

5.2.1 Dalian Rongke Power Company Profile

5.2.2 Dalian Rongke Power Redox Flow Battery Product Specification

5.2.3 Dalian Rongke Power Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 UniEnergy Technologies

5.3.1 UniEnergy Technologies Company Profile

5.3.2 UniEnergy Technologies Redox Flow Battery Product Specification

5.3.3 UniEnergy Technologies Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 Gildemeister

5.4.1 Gildemeister Company Profile

5.4.2 Gildemeister Redox Flow Battery Product Specification

5.4.3 Gildemeister Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Primus Power

5.5.1 Primus Power Company Profile

5.5.2 Primus Power Redox Flow Battery Product Specification

5.5.3 Primus Power Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 redTENERGY Storage

5.6.1 redTENERGY Storage Company Profile

5.6.2 redTENERGY Storage Redox Flow Battery Product Specification

5.6.3 redTENERGY Storage Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 EnSync

5.7.1 EnSync Company Profile

5.7.2 EnSync Redox Flow Battery Product Specification

5.7.3 EnSync Redox Flow Battery Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Redox Flow Battery Market Size (2015-2026)

6.2 North America Redox Flow Battery Key Players in North America (2015-2020)

6.3 North America Redox Flow Battery Market Size by Type (2015-2020)

6.4 North America Redox Flow Battery Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Redox Flow Battery Market Size (2015-2026)

7.2 East Asia Redox Flow Battery Key Players in North America (2015-2020)

7.3 East Asia Redox Flow Battery Market Size by Type (2015-2020)

7.4 East Asia Redox Flow Battery Market Size by Application (2015-2020)

8. Europe

8.1 Europe Redox Flow Battery Market Size (2015-2026)

8.2 Europe Redox Flow Battery Key Players in North America (2015-2020)

8.3 Europe Redox Flow Battery Market Size by Type (2015-2020)

8.4 Europe Redox Flow Battery Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Redox Flow Battery Market Size (2015-2026)

9.2 South Asia Redox Flow Battery Key Players in North America (2015-2020)

9.3 South Asia Redox Flow Battery Market Size by Type (2015-2020)

9.4 South Asia Redox Flow Battery Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Redox Flow Battery Market Size (2015-2026)

10.2 Southeast Asia Redox Flow Battery Key Players in North America (2015-2020)

10.3 Southeast Asia Redox Flow Battery Market Size by Type (2015-2020)

10.4 Southeast Asia Redox Flow Battery Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Redox Flow Battery Market Size (2015-2026)

11.2 Middle East Redox Flow Battery Key Players in North America (2015-2020)

11.3 Middle East Redox Flow Battery Market Size by Type (2015-2020)

11.4 Middle East Redox Flow Battery Market Size by Application (2015-2020)

12. Africa

12.1 Africa Redox Flow Battery Market Size (2015-2026)

12.2 Africa Redox Flow Battery Key Players in North America (2015-2020)

12.3 Africa Redox Flow Battery Market Size by Type (2015-2020)

12.4 Africa Redox Flow Battery Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Redox Flow Battery Market Size (2015-2026)

13.2 Oceania Redox Flow Battery Key Players in North America (2015-2020)

13.3 Oceania Redox Flow Battery Market Size by Type (2015-2020)

13.4 Oceania Redox Flow Battery Market Size by Application (2015-2020)

14. South America

14.1 South America Redox Flow Battery Market Size (2015-2026)

14.2 South America Redox Flow Battery Key Players in North America (2015-2020)

14.3 South America Redox Flow Battery Market Size by Type (2015-2020)

14.4 South America Redox Flow Battery Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Redox Flow Battery Market Size (2015-2026)

15.2 Rest of the World Redox Flow Battery Key Players in North America (2015-2020)

15.3 Rest of the World Redox Flow Battery Market Size by Type (2015-2020)

15.4 Rest of the World Redox Flow Battery Market Size by Application (2015-2020)

16 Redox Flow Battery Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Redox Flow Battery Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Redox Flow Battery Market?
Some of the finest and top-notch companies pioneering the Redox Flow Battery Market are Sumitomo ElectricDalian Rongke PowerUniEnergy TechnologiesGildemeisterPrimus PowerredTENERGY StorageEnSync.
What trends are influencing the growth of the Redox Flow Battery Market?
New players are entering the Redox Flow Battery Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
Where are the Redox Flow Battery used?
The Redox Flow Battery are employed in Utility FacilitiesRenewable Energy IntegrationOthers.
What years are taken into account in the Redox Flow Battery Market study?
The Redox Flow Battery Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
Where does the Redox Flow Battery Industry stands in terms of scaling end-use implementations?
According to the Redox Flow Battery Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.
What are the primary data sources used to evaluate the Redox Flow Battery Market sizing?
The majority of data for the Redox Flow Battery Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.