A redox flow battery is a battery that is different from other battery types. It consists of two tanks filled with electrolyte and a so-called chimney. The laminate consists of several stacked units, each having a frame, a bipolar plate, and a membrane. The number and size of stack units depend on the power output required. The size of the tank determines the capacity of the battery. The fluid in the two tanks acts as a cathode (positive electrolyte) and an anode (negative electrolyte). Just like a regular battery.

This report elaborates the market size, market characteristics, and market growth of the Redox Flow Battery industry, and breaks down according to the type, application, and consumption area of Redox Flow Battery. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Redox Flow Battery in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.

In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.

Key players in the global Redox Flow Battery market covered in Chapter 13:

Dalian Rongke Power

redTENERGY Storage

UniEnergy Technologies

Primus Power

Gildemeister

Sumitomo Electric

EnSync

In Chapter 6, on the basis of types, the Redox Flow Battery market from 2015 to 2025 is primarily split into:

Vanadium Redox Flow Battery

Hybrid Flow Bat

In Chapter 7, on the basis of applications, the Redox Flow Battery market from 2015 to 2025 covers:

Utility Facilities

Renewable Energy Integration

Others

Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:

United States

Europe

China

Japan

India

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:

North America (Covered in Chapter 8)

United States

Canada

Mexico

Europe (Covered in Chapter 9)

Germany

UK

France

Italy

Spain

Others

Asia-Pacific (Covered in Chapter 10)

China

Japan

India

South Korea

Southeast Asia

Others

Middle East and Africa (Covered in Chapter 11)

Saudi Arabia

UAE

South Africa

Others

South America (Covered in Chapter 12)

Brazil

Others

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2025

Table of Content

1 Redox Flow Battery Market - Research Scope

1.1 Study Goals

1.2 Market Definition and Scope

1.3 Key Market Segments

1.4 Study and Forecasting Years

2 Redox Flow Battery Market - Research Methodology

2.1 Methodology

2.2 Research Data Source

2.2.1 Secondary Data

2.2.2 Primary Data

2.2.3 Market Size Estimation

2.2.4 Legal Disclaimer

3 Redox Flow Battery Market Forces

3.1 Global Redox Flow Battery Market Size

3.2 Top Impacting Factors (PESTEL Analysis)

3.2.1 Political Factors

3.2.2 Economic Factors

3.2.3 Social Factors

3.2.4 Technological Factors

3.2.5 Environmental Factors

3.2.6 Legal Factors

3.3 Industry Trend Analysis

3.4 Industry Trends Under COVID-19

3.4.1 Risk Assessment on COVID-19

3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry

3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario

3.5 Industry Risk Assessment

4 Redox Flow Battery Market - By Geography

4.1 Global Redox Flow Battery Market Value and Market Share by Regions

4.1.1 Global Redox Flow Battery Value ($) by Region (2015-2020)

4.1.2 Global Redox Flow Battery Value Market Share by Regions (2015-2020)

4.2 Global Redox Flow Battery Market Production and Market Share by Major Countries

4.2.1 Global Redox Flow Battery Production by Major Countries (2015-2020)

4.2.2 Global Redox Flow Battery Production Market Share by Major Countries (2015-2020)

4.3 Global Redox Flow Battery Market Consumption and Market Share by Regions

4.3.1 Global Redox Flow Battery Consumption by Regions (2015-2020)

4.3.2 Global Redox Flow Battery Consumption Market Share by Regions (2015-2020)

5 Redox Flow Battery Market - By Trade Statistics

5.1 Global Redox Flow Battery Export and Import

5.2 United States Redox Flow Battery Export and Import (2015-2020)

5.3 Europe Redox Flow Battery Export and Import (2015-2020)

5.4 China Redox Flow Battery Export and Import (2015-2020)

5.5 Japan Redox Flow Battery Export and Import (2015-2020)

5.6 India Redox Flow Battery Export and Import (2015-2020)

5.7

6 Redox Flow Battery Market - By Type

6.1 Global Redox Flow Battery Production and Market Share by Types (2015-2020)

6.1.1 Global Redox Flow Battery Production by Types (2015-2020)

6.1.2 Global Redox Flow Battery Production Market Share by Types (2015-2020)

6.2 Global Redox Flow Battery Value and Market Share by Types (2015-2020)

6.2.1 Global Redox Flow Battery Value by Types (2015-2020)

6.2.2 Global Redox Flow Battery Value Market Share by Types (2015-2020)

6.3 Global Redox Flow Battery Production, Price and Growth Rate of Vanadium Redox Flow Battery (2015-2020)

6.4 Global Redox Flow Battery Production, Price and Growth Rate of Hybrid Flow Bat (2015-2020)

7 Redox Flow Battery Market - By Application

7.1 Global Redox Flow Battery Consumption and Market Share by Applications (2015-2020)

7.1.1 Global Redox Flow Battery Consumption by Applications (2015-2020)

7.1.2 Global Redox Flow Battery Consumption Market Share by Applications (2015-2020)

7.2 Global Redox Flow Battery Consumption and Growth Rate of Utility Facilities (2015-2020)

7.3 Global Redox Flow Battery Consumption and Growth Rate of Renewable Energy Integration (2015-2020)

7.4 Global Redox Flow Battery Consumption and Growth Rate of Others (2015-2020)

8 North America Redox Flow Battery Market

8.1 North America Redox Flow Battery Market Size

8.2 United States Redox Flow Battery Market Size

8.3 Canada Redox Flow Battery Market Size

8.4 Mexico Redox Flow Battery Market Size

8.5 The Influence of COVID-19 on North America Market

9 Europe Redox Flow Battery Market Analysis

9.1 Europe Redox Flow Battery Market Size

9.2 Germany Redox Flow Battery Market Size

9.3 United Kingdom Redox Flow Battery Market Size

9.4 France Redox Flow Battery Market Size

9.5 Italy Redox Flow Battery Market Size

9.6 Spain Redox Flow Battery Market Size

9.7 The Influence of COVID-19 on Europe Market

10 Asia-Pacific Redox Flow Battery Market Analysis

10.1 Asia-Pacific Redox Flow Battery Market Size

10.2 China Redox Flow Battery Market Size

10.3 Japan Redox Flow Battery Market Size

10.4 South Korea Redox Flow Battery Market Size

10.5 Southeast Asia Redox Flow Battery Market Size

10.6 India Redox Flow Battery Market Size

10.7 The Influence of COVID-19 on Asia Pacific Market

11 Middle East and Africa Redox Flow Battery Market Analysis

11.1 Middle East and Africa Redox Flow Battery Market Size

11.2 Saudi Arabia Redox Flow Battery Market Size

11.3 UAE Redox Flow Battery Market Size

11.4 South Africa Redox Flow Battery Market Size

11.5 The Influence of COVID-19 on Middle East and Africa Market

12 South America Redox Flow Battery Market Analysis

12.1 South America Redox Flow Battery Market Size

12.2 Brazil Redox Flow Battery Market Size

12.3 The Influence of COVID-19 on South America Market

13 Company Profiles

13.1 Dalian Rongke Power

13.1.1 Dalian Rongke Power Basic Information

13.1.2 Dalian Rongke Power Product Profiles, Application and Specification

13.1.3 Dalian Rongke Power Redox Flow Battery Market Performance (2015-2020)

13.2 redTENERGY Storage

13.2.1 redTENERGY Storage Basic Information

13.2.2 redTENERGY Storage Product Profiles, Application and Specification

13.2.3 redTENERGY Storage Redox Flow Battery Market Performance (2015-2020)

13.3 UniEnergy Technologies

13.3.1 UniEnergy Technologies Basic Information

13.3.2 UniEnergy Technologies Product Profiles, Application and Specification

13.3.3 UniEnergy Technologies Redox Flow Battery Market Performance (2015-2020)

13.4 Primus Power

13.4.1 Primus Power Basic Information

13.4.2 Primus Power Product Profiles, Application and Specification

13.4.3 Primus Power Redox Flow Battery Market Performance (2015-2020)

13.5 Gildemeister

13.5.1 Gildemeister Basic Information

13.5.2 Gildemeister Product Profiles, Application and Specification

13.5.3 Gildemeister Redox Flow Battery Market Performance (2015-2020)

13.6 Sumitomo Electric

13.6.1 Sumitomo Electric Basic Information

13.6.2 Sumitomo Electric Product Profiles, Application and Specification

13.6.3 Sumitomo Electric Redox Flow Battery Market Performance (2015-2020)

13.7 EnSync

13.7.1 EnSync Basic Information

13.7.2 EnSync Product Profiles, Application and Specification

13.7.3 EnSync Redox Flow Battery Market Performance (2015-2020)

14 Market Forecast - By Regions

14.1 North America Redox Flow Battery Market Forecast (2020-2025)

14.2 Europe Redox Flow Battery Market Forecast (2020-2025)

14.3 Asia-Pacific Redox Flow Battery Market Forecast (2020-2025)

14.4 Middle East and Africa Redox Flow Battery Market Forecast (2020-2025)

14.5 South America Redox Flow Battery Market Forecast (2020-2025)

15 Market Forecast - By Type and Applications

15.1 Global Redox Flow Battery Market Forecast by Types (2020-2025)

15.1.1 Global Redox Flow Battery Market Forecast Production and Market Share by Types (2020-2025)

15.1.2 Global Redox Flow Battery Market Forecast Value and Market Share by Types (2020-2025)

15.2 Global Redox Flow Battery Market Forecast by Applications (2020-2025)

List of Tables and Figures

Figure Redox Flow Battery Picture

Table Redox Flow Battery Key Market Segments

Figure Study and Forecasting Years

Figure Global Redox Flow Battery Market Size and Growth Rate 2015-2025

Figure Industry PESTEL Analysis

Figure Global COVID-19 Status

Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19

Figure Global Redox Flow Battery Value ($) and Growth Rate (2015-2020)

Table Global Redox Flow Battery Value ($) by Countries (2015-2020)

Table Global Redox Flow Battery Value Market Share by Regions (2015-2020)

Figure Global Redox Flow Battery Value Market Share by Regions in 2019

Figure Global Redox Flow Battery Production and Growth Rate (2015-2020)

Table Global Redox Flow Battery Production by Major Countries (2015-2020)

Table Global Redox Flow Battery Production Market Share by Major Countries (2015-2020)

Figure Global Redox Flow Battery Production Market Share by Regions in 2019

Figure Global Redox Flow Battery Consumption and Growth Rate (2015-2020)

Table Global Redox Flow Battery Consumption by Regions (2015-2020)

Table Global Redox Flow Battery Consumption Market Share by Regions (2015-2020)

Figure Global Redox Flow Battery Consumption Market Share by Regions in 2019

Table Global Redox Flow Battery Export Top 3 Country 2019

Table Global Redox Flow Battery Import Top 3 Country 2019

Table United States Redox Flow Battery Export and Import (2015-2020)

Table Europe Redox Flow Battery Export and Import (2015-2020)

Table China Redox Flow Battery Export and Import (2015-2020)

Table Japan Redox Flow Battery Export and Import (2015-2020)

Table India Redox Flow Battery Export and Import (2015-2020)

Table Global Redox Flow Battery Production by Types (2015-2020)

Table Global Redox Flow Battery Production Market Share by Types (2015-2020)

Figure Global Redox Flow Battery Production Share by Type (2015-2020)

Table Global Redox Flow Battery Value by Types (2015-2020)

Table Global Redox Flow Battery Value Market Share by Types (2015-2020)

Figure Global Redox Flow Battery Value Share by Type (2015-2020)

Figure Global Vanadium Redox Flow Battery Production and Growth Rate (2015-2020)

Figure Global Vanadium Redox Flow Battery Price (2015-2020)

Figure Global Hybrid Flow Bat Production and Growth Rate (2015-2020)

Figure Global Hybrid Flow Bat Price (2015-2020)

Table Global Redox Flow Battery Consumption by Applications (2015-2020)

Table Global Redox Flow Battery Consumption Market Share by Applications (2015-2020)

Figure Global Redox Flow Battery Consumption Share by Application (2015-2020)

Figure Global Utility Facilities Consumption and Growth Rate (2015-2020)

Figure Global Renewable Energy Integration Consumption and Growth Rate (2015-2020)

Figure Global Others Consumption and Growth Rate (2015-2020)

Figure North America Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table North America Redox Flow Battery Consumption by Countries (2015-2020)

Table North America Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure North America Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure United States Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Canada Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Mexico Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure North America COVID-19 Status

Figure Europe Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table Europe Redox Flow Battery Consumption by Countries (2015-2020)

Table Europe Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Europe Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Germany Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure United Kingdom Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure France Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Italy Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Spain Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Europe COVID-19 Status

Figure Asia-Pacific Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table Asia-Pacific Redox Flow Battery Consumption by Countries (2015-2020)

Table Asia-Pacific Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Asia-Pacific Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure China Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Japan Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure South Korea Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Southeast Asia Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure India Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure Asia Pacific COVID-19 Status

Figure Middle East and Africa Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table Middle East and Africa Redox Flow Battery Consumption by Countries (2015-2020)

Table Middle East and Africa Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Middle East and Africa Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Saudi Arabia Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure UAE Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure South Africa Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Figure South America Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table South America Redox Flow Battery Consumption by Countries (2015-2020)

Table South America Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure South America Redox Flow Battery Consumption Market Share by Countries (2015-2020)

Figure Brazil Redox Flow Battery Market Consumption and Growth Rate (2015-2020)

Table Dalian Rongke Power Company Profile

Table Dalian Rongke Power Production, Value, Price, Gross Margin 2015-2020

Figure Dalian Rongke Power Production and Growth Rate

Figure Dalian Rongke Power Value ($) Market Share 2015-2020

Table redTENERGY Storage Company Profile

Table redTENERGY Storage Production, Value, Price, Gross Margin 2015-2020

Figure redTENERGY Storage Production and Growth Rate

Figure redTENERGY Storage Value ($) Market Share 2015-2020

Table UniEnergy Technologies Company Profile

Table UniEnergy Technologies Production, Value, Price, Gross Margin 2015-2020

Figure UniEnergy Technologies Production and Growth Rate

Figure UniEnergy Technologies Value ($) Market Share 2015-2020

Table Primus Power Company Profile

Table Primus Power Production, Value, Price, Gross Margin 2015-2020

Figure Primus Power Production and Growth Rate

Figure Primus Power Value ($) Market Share 2015-2020

Table Gildemeister Company Profile

Table Gildemeister Production, Value, Price, Gross Margin 2015-2020

Figure Gildemeister Production and Growth Rate

Figure Gildemeister Value ($) Market Share 2015-2020

Table Sumitomo Electric Company Profile

Table Sumitomo Electric Production, Value, Price, Gross Margin 2015-2020

Figure Sumitomo Electric Production and Growth Rate

Figure Sumitomo Electric Value ($) Market Share 2015-2020

Table EnSync Company Profile

Table EnSync Production, Value, Price, Gross Margin 2015-2020

Figure EnSync Production and Growth Rate

Figure EnSync Value ($) Market Share 2015-2020

Figure North America Market Consumption and Growth Rate Forecast (2020-2025)

Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)

Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)

Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)

Figure South America Market Consumption and Growth Rate Forecast (2020-2025)

Table Global Redox Flow Battery Market Forecast Production by Types (2020-2025)

Table Global Redox Flow Battery Market Forecast Production Share by Types (2020-2025)

Table Global Redox Flow Battery Market Forecast Value ($) by Types (2020-2025)

Table Global Redox Flow Battery Market Forecast Value Share by Types (2020-2025)

Table Global Redox Flow Battery Market Forecast Consumption by Applications (2020-2025)

Table Global Redox Flow Battery Market Forecast Consumption Share by Applications (2020-2025)

Methodology/Research Approach

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.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

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

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

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 (2021-2026)	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 (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)