Redox Flow Cell Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_001009
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 7.06 |
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Redox Flow Cell Market Analysis Report 2023-2032:
The Redox Flow Cell Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 2,543.21 million. The growth of the market depends on several factors, including the increasing demand for renewable energy sources, the growing need for energy storage solutions, and the rising adoption of redox flow batteries in various industries. A redox flow cell, also known as a flow battery, is an electrochemical energy storage device that uses two electrolytes to store and release energy. It consists of two tanks containing electrolyte solutions and a membrane that separates the two solutions. During charging and discharging, the electrolytes flow through the cell, generating electricity. Redox flow cells offer several advantages, including scalability, long cycle life, and the ability to decouple power and energy capacity. These factors make them suitable for applications such as renewable energy integration, grid stabilization, and electric vehicle charging infrastructure.
Redox Flow Cell Market Overview
Drivers
One of the key factors driving the redox flow cell market growth is the increasing demand for renewable energy sources. With the growing concerns about climate change and the need to reduce greenhouse gas emissions, there is a significant shift towards renewable energy generation. Redox flow cells play a crucial role in enabling the efficient storage of renewable energy, such as solar and wind power. They provide a reliable and scalable energy storage solution, allowing for the smooth integration of intermittent renewable energy sources into the grid. As a result, the demand for redox flow cells is expected to increase in the coming years.
Moreover, the growing need for energy storage solutions is driving the adoption of redox flow cells. Energy storage systems are essential for balancing the supply and demand of electricity, especially in situations where the generation and consumption of electricity do not match. Redox flow cells offer a flexible and cost-effective solution for storing excess energy during periods of low demand and releasing it during peak demand. This helps in reducing the strain on the grid and ensuring a stable and reliable power supply. Hence, such factors are expected to drive market growth during the forecast period.
Trends
A key trend shaping the redox flow cell market growth is the increasing adoption of redox flow batteries in various industries. Redox flow cells are being widely used in applications such as renewable energy integration, grid stabilization, and electric vehicle charging infrastructure. They offer advantages such as high energy efficiency, long cycle life, and the ability to provide both power and energy capacity. These features make redox flow batteries suitable for a wide range of applications, including large-scale energy storage projects, microgrids, and off-grid power systems. The growing awareness about the benefits of redox flow batteries and the increasing focus on sustainable energy solutions are driving their adoption across industries.
Additionally, advancements in redox flow cell technology are fueling market growth. Researchers and manufacturers are continuously working on improving the performance and efficiency of redox flow cells. This includes developing new electrode materials, optimizing cell design, and enhancing the electrolyte solutions. These advancements are aimed at increasing the energy density, reducing the cost, and improving the overall performance of redox flow cells. As a result, the market is witnessing the introduction of more efficient and reliable redox flow cell systems. Hence, such factors are expected to drive market growth during the forecast period.
Restraints:
One of the key challenges hindering the redox flow cell market growth is the high cost of installation and maintenance. Redox flow cell systems require significant upfront investment, including the cost of the cell stack, electrolyte solutions, and supporting infrastructure. Additionally, the maintenance and operation of redox flow cells can be complex and require specialized knowledge and expertise. These factors make redox flow cell systems relatively expensive compared to other energy storage technologies. As a result, the adoption of redox flow cells may be limited in certain markets or applications where cost is a significant factor.
Furthermore, the limited energy density of redox flow cells is a challenge for certain applications. Redox flow cells typically have lower energy density compared to other battery technologies, such as lithium-ion batteries. This means that redox flow cells may require larger physical space to store the same amount of energy. In applications where space is limited or where high energy density is crucial, redox flow cells may not be the most suitable option. Hence, such factors are expected to hinder market growth during the forecast period.
Redox Flow Cell Market Segmentation By Application
The renewable energy integration segment is estimated to witness significant growth during the forecast period. Redox flow cells play a crucial role in enabling the efficient storage and integration of renewable energy into the grid. They can store excess energy generated from renewable sources, such as solar and wind power, and release it when needed. This helps in balancing the supply and demand of electricity and ensuring a stable and reliable power supply. Redox flow cells offer advantages such as scalability, long cycle life, and the ability to decouple power and energy capacity, making them suitable for large-scale renewable energy integration projects. Hence, the increasing adoption of renewable energy sources is expected to drive the growth of this segment, which in turn will drive the market growth during the forecast period.
Redox Flow Cell Market Segmentation By Type
The vanadium redox flow cell segment is estimated to witness significant growth during the forecast period. Vanadium redox flow cells are the most widely used type of redox flow cells due to their high energy efficiency, long cycle life, and excellent stability. They use vanadium-based electrolyte solutions, which can be easily recharged and reused, making them suitable for long-duration energy storage applications. Vanadium redox flow cells are used in various applications, including grid-scale energy storage, microgrids, and off-grid power systems. The increasing focus on sustainable energy solutions and the growing demand for reliable energy storage systems are driving the adoption of vanadium redox flow cells. Hence, such factors are expected to fuel the demand for this segment, which in turn will drive the market growth during the forecast period.
Regional Overview
APAC is estimated to contribute 38% to the growth of the global market during the forecast period. The main factor significantly contributing to the growth of the global redox flow cell market in APAC is the increasing adoption of renewable energy sources in the region. Countries such as China and India are witnessing rapid growth in renewable energy capacity, driven by government initiatives and favorable policies. Redox flow cells play a crucial role in enabling the efficient storage and integration of renewable energy into the grid, making them essential for the growth of the renewable energy sector in APAC. Additionally, the increasing focus on energy storage solutions and the growing need for grid stabilization are driving the adoption of redox flow cells in the region. Hence, such factors are expected to drive market growth in APAC during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global redox flow cell market witnessed a temporary slowdown due to disruptions in the supply chain and the temporary closure of manufacturing facilities. However, in 2021, with the gradual lifting of lockdowns and the resumption of economic activities, the market is expected to recover and witness significant growth. The increasing investments in renewable energy projects and the growing demand for energy storage solutions are expected to drive the market during the forecast period.
Redox Flow Cell Market Customer Landscape
The redox flow cell market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Redox Flow Cell Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
UniEnergy Technologies: UniEnergy Technologies is a leading player in the redox flow battery market, offering advanced solutions for grid-scale energy storage. The company's innovative technologies are designed to enhance grid stability and support renewable energy integration.
Sumitomo Electric Industries: Sumitomo Electric Industries is a diversified company that has made significant contributions to the development of redox flow batteries. They have been involved in various projects focused on commercializing large-scale energy storage solutions using their advanced vanadium redox flow battery technology.
Schmid Group: Schmid Group is a global player in energy storage solutions, including redox flow batteries. They offer a range of vanadium and other redox flow battery systems designed for various applications, from commercial and industrial to utility-scale energy storage.
The research report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including
- Sumitomo Electric Industries, Ltd.
- UniEnergy Technologies
- Redflow Limited
- Gildemeister Energy Solutions GmbH
- Primus Power Corporation
- Schmid Group
- CellCube Energy Storage Systems Inc.
- ESS Inc.
- VoltStorage GmbH
- Vionx Energy Corporation
Segment Overview:
The Redox Flow Cell Market report forecasts revenue growth globally, regionally, and by country, providing insights into trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
- Utility-scale energy storage
- Commercial and industrial
- Residential
- Others
- Type Outlook (USD Million, 2019 - 2032)
- All-vanadium redox flow cells
- Zinc-bromine redox flow cells
- Iron-chromium redox flow cells
- Other types
- Geography Outlook (USD Million, 2019 - 2032)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Brazil
- Argentina
- Middle East & Africa
- UAE
- South Africa
- Rest of Middle East & Africa
Table of Contents
EMEA (Europe, Middle East and Africa) Redox Flow Cell Market Report 2017
1 Redox Flow Cell Overview
1.1 Product Overview and Scope of Redox Flow Cell
1.2 Classification of Redox Flow Cell
1.2.1 EMEA Redox Flow Cell Market Size (Sales) Comparison by Type (2012-2022)
1.2.2 EMEA Redox Flow Cell Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 RFB Chemistries: Iron/Chromium
1.2.4 RFB Chemistries: PSB Flow Batteries
1.2.5 RFB Chemistries: Vanadium/Bromins
1.2.6 RFB Chemistries: All Vanadium (VRFB)
1.2.7 Hybrid RFBs: Zinc/Bromine
1.2.8 Hybrid RFBs: Hydrogen/Bromine
1.2.9 Hybrid RFBs: All Iron
1.3 EMEA Redox Flow Cell Market by Application/End Users
1.3.1 EMEA Redox Flow Cell Sales (Volume) and Market Share Comparison by Application (2012-2022
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 EMEA Redox Flow Cell Market by Region
1.4.1 EMEA Redox Flow Cell Market Size (Value) Comparison by Region (2012-2022)
1.4.2 Europe Status and Prospect (2012-2022)
1.4.3 Middle East Status and Prospect (2012-2022)
1.4.4 Africa Status and Prospect (2012-2022)
1.5 EMEA Market Size (Value and Volume) of Redox Flow Cell (2012-2022)
1.5.1 EMEA Redox Flow Cell Sales and Growth Rate (2012-2022)
1.5.2 EMEA Redox Flow Cell Revenue and Growth Rate (2012-2022)
2 EMEA Redox Flow Cell Competition by Manufacturers/Players/Suppliers, Region, Type and Application
2.1 EMEA Redox Flow Cell Market Competition by Players/Manufacturers
2.1.1 EMEA Redox Flow Cell Sales Volume and Market Share of Major Players (2012-2017)
2.1.2 EMEA Redox Flow Cell Revenue and Share by Players (2012-2017)
2.1.3 EMEA Redox Flow Cell Sale Price by Players (2012-2017)
2.2 EMEA Redox Flow Cell (Volume and Value) by Type/Product Category
2.2.1 EMEA Redox Flow Cell Sales and Market Share by Type (2012-2017)
2.2.2 EMEA Redox Flow Cell Revenue and Market Share by Type (2012-2017)
2.2.3 EMEA Redox Flow Cell Sale Price by Type (2012-2017)
2.3 EMEA Redox Flow Cell (Volume) by Application
2.4 EMEA Redox Flow Cell (Volume and Value) by Region
2.4.1 EMEA Redox Flow Cell Sales and Market Share by Region (2012-2017)
2.4.2 EMEA Redox Flow Cell Revenue and Market Share by Region (2012-2017)
2.4.3 EMEA Redox Flow Cell Sales Price by Region (2012-2017)
3 Europe Redox Flow Cell (Volume, Value and Sales Price), by Players, Countries, Type and Application
3.1 Europe Redox Flow Cell Sales and Value (2012-2017)
3.1.1 Europe Redox Flow Cell Sales Volume and Growth Rate (2012-2017)
3.1.2 Europe Redox Flow Cell Revenue and Growth Rate (2012-2017)
3.2 Europe Redox Flow Cell Sales and Market Share by Type
3.3 Europe Redox Flow Cell Sales and Market Share by Application
3.4 Europe Redox Flow Cell Sales Volume and Value (Revenue) by Countries
3.4.1 Europe Redox Flow Cell Sales Volume by Countries (2012-2017)
3.4.2 Europe Redox Flow Cell Revenue by Countries (2012-2017)
3.4.3 Germany Redox Flow Cell Sales and Growth Rate (2012-2017)
3.4.4 France Redox Flow Cell Sales and Growth Rate (2012-2017)
3.4.5 UK Redox Flow Cell Sales and Growth Rate (2012-2017)
3.4.6 Russia Redox Flow Cell Sales and Growth Rate (2012-2017)
3.4.7 Italy Redox Flow Cell Sales and Growth Rate (2012-2017)
3.4.8 Benelux Redox Flow Cell Sales and Growth Rate (2012-2017)
4 Middle East Redox Flow Cell (Volume, Value and Sales Price), by Region, Type and Application
4.1 Middle East Redox Flow Cell Sales and Value (2012-2017)
4.1.1 Middle East Redox Flow Cell Sales Volume and Growth Rate (2012-2017)
4.1.2 Middle East Redox Flow Cell Revenue and Growth Rate (2012-2017)
4.2 Middle East Redox Flow Cell Sales and Market Share by Type
4.3 Middle East Redox Flow Cell Sales and Market Share by Application
4.4 Middle East Redox Flow Cell Sales Volume and Value (Revenue) by Countries
4.4.1 Middle East Redox Flow Cell Sales Volume by Countries (2012-2017)
4.4.2 Middle East Redox Flow Cell Revenue by Countries (2012-2017)
4.4.3 Saudi Arabia Redox Flow Cell Sales and Growth Rate (2012-2017)
4.4.4 Israel Redox Flow Cell Sales and Growth Rate (2012-2017)
4.4.5 UAE Redox Flow Cell Sales and Growth Rate (2012-2017)
4.4.6 Iran Redox Flow Cell Sales and Growth Rate (2012-2017)
5 Africa Redox Flow Cell (Volume, Value and Sales Price) by Players, Countries, Type and Application
5.1 Africa Redox Flow Cell Sales and Value (2012-2017)
5.1.1 Africa Redox Flow Cell Sales Volume and Growth Rate (2012-2017)
5.1.2 Africa Redox Flow Cell Revenue and Growth Rate (2012-2017)
5.2 Africa Redox Flow Cell Sales and Market Share by Type
5.3 Africa Redox Flow Cell Sales and Market Share by Application
5.4 Africa Redox Flow Cell Sales Volume and Value (Revenue) by Countries
5.4.1 Africa Redox Flow Cell Sales Volume by Countries (2012-2017)
5.4.2 Africa Redox Flow Cell Revenue by Countries (2012-2017)
5.4.3 South Africa Redox Flow Cell Sales and Growth Rate (2012-2017)
5.4.4 Nigeria Redox Flow Cell Sales and Growth Rate (2012-2017)
5.4.5 Egypt Redox Flow Cell Sales and Growth Rate (2012-2017)
5.4.6 Algeria Redox Flow Cell Sales and Growth Rate (2012-2017)
6 EMEA Redox Flow Cell Manufacturers/Players Profiles and Sales Data
6.1 Brine4power
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Redox Flow Cell Product Type, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Brine4power Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.1.4 Main Business/Business Overview
6.2 Thyssenkrupp
6.2.1 Company Basic Information, Manufacturing Base and Competitors
6.2.2 Redox Flow Cell Product Type, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 Thyssenkrupp Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.2.4 Main Business/Business Overview
6.3 Vanadis
6.3.1 Company Basic Information, Manufacturing Base and Competitors
6.3.2 Redox Flow Cell Product Type, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 Vanadis Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.3.4 Main Business/Business Overview
6.4 Sumitomo Electric Industries, Ltd
6.4.1 Company Basic Information, Manufacturing Base and Competitors
6.4.2 Redox Flow Cell Product Type, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Sumitomo Electric Industries, Ltd Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.4.4 Main Business/Business Overview
6.5 ITN Energy Systems
6.5.1 Company Basic Information, Manufacturing Base and Competitors
6.5.2 Redox Flow Cell Product Type, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 ITN Energy Systems Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.5.4 Main Business/Business Overview
6.6 SCHMID Energy Systems
6.6.1 Company Basic Information, Manufacturing Base and Competitors
6.6.2 Redox Flow Cell Product Type, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 SCHMID Energy Systems Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.6.4 Main Business/Business Overview
6.7 UniEnergy Technologies (UET)
6.7.1 Company Basic Information, Manufacturing Base and Competitors
6.7.2 Redox Flow Cell Product Type, Application and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 UniEnergy Technologies (UET) Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.7.4 Main Business/Business Overview
6.8 Primus Power
6.8.1 Company Basic Information, Manufacturing Base and Competitors
6.8.2 Redox Flow Cell Product Type, Application and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 Primus Power Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.8.4 Main Business/Business Overview
6.9 ESS Inc
6.9.1 Company Basic Information, Manufacturing Base and Competitors
6.9.2 Redox Flow Cell Product Type, Application and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 ESS Inc Redox Flow Cell Sales, Revenue, Price and Gross Margin (2012-2017)
6.9.4 Main Business/Business Overview
7 Redox Flow Cell Manufacturing Cost Analysis
7.1 Redox Flow Cell Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Redox Flow Cell
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Redox Flow Cell Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Redox Flow Cell Major Manufacturers in 2016
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 EMEA Redox Flow Cell Market Forecast (2017-2022)
11.1 EMEA Redox Flow Cell Sales, Revenue and Price Forecast (2017-2022)
11.1.1 EMEA Redox Flow Cell Sales and Growth Rate Forecast (2017-2022)
11.1.2 EMEA Redox Flow Cell Revenue and Growth Rate Forecast (2017-2022)
11.1.3 EMEA Redox Flow Cell Price and Trend Forecast (2017-2022)
11.2 EMEA Redox Flow Cell Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.3 Europe Redox Flow Cell Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.4 Middle Eastt Redox Flow Cell Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.5 Africa Redox Flow Cell Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.6 EMEA Redox Flow Cell Sales Forecast by Type (2017-2022)
11.7 EMEA Redox Flow Cell Sales Forecast by Application (2017-2022)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
List of Tables and Figures
Figure Product Picture of Redox Flow Cell
Figure EMEA Redox Flow Cell Sales Volume (MWh) by Type (2012-2022)
Figure EMEA Redox Flow Cell Sales Volume Market Share by Type (Product Category) in 2016
Figure RFB Chemistries: Iron/Chromium Product Picture
Figure RFB Chemistries: PSB Flow Batteries Product Picture
Figure RFB Chemistries: Vanadium/Bromins Product Picture
Figure RFB Chemistries: All Vanadium (VRFB) Product Picture
Figure Hybrid RFBs: Zinc/Bromine Product Picture
Figure Hybrid RFBs: Hydrogen/Bromine Product Picture
Figure Hybrid RFBs: All Iron Product Picture
Figure EMEA Redox Flow Cell Sales Volume (MWh) by Application (2012-2022)
Figure EMEA Sales Market Share of Redox Flow Cell by Application in 2016
Figure Residential Examples
Table Key Downstream Customer in Residential
Figure Commercial Examples
Table Key Downstream Customer in Commercial
Figure Industrial Examples
Table Key Downstream Customer in Industrial
Figure EMEA Redox Flow Cell Market Size (Million USD) by Region (2012-2022)
Figure Europe Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2022)
Figure Europe Redox Flow Cell Revenue (Million USD) Status and Forecast by Countries
Figure Middle East Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2022)
Figure Middle East Redox Flow Cell Revenue (Million USD) Status and Forecast by Countries
Figure Africa Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2022)
Figure Africa Redox Flow Cell Revenue (Million USD) Status and Forecast by Countries
Figure EMEA Redox Flow Cell Sales Volume and Growth Rate (2012-2022)
Figure EMEA Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2022)
Figure EMEA Redox Flow Cell Market Major Players Product Sales Volume (MWh) (2012-2017)
Table EMEA Redox Flow Cell Sales Volume (MWh) of Major Players (2012-2017)
Table EMEA Redox Flow Cell Sales Share by Players (2012-2017)
Figure 2016 Redox Flow Cell Sales Share by Players
Figure 2017 Redox Flow Cell Sales Share by Players
Figure EMEA Redox Flow Cell Market Major Players Product Revenue (Million USD) (2012-2017)
Table EMEA Redox Flow Cell Revenue (Million USD) by Players (2012-2017)
Table EMEA Redox Flow Cell Revenue Share by Players (2012-2017)
Table 2016 EMEA Redox Flow Cell Revenue Share by Players
Table 2017 EMEA Redox Flow Cell Revenue Share by Players
Table EMEA Redox Flow Cell Sale Price (USD/Wh) by Players (2012-2017)
Table EMEA Redox Flow Cell Sales (MWh) and Market Share by Type (2012-2017)
Table EMEA Redox Flow Cell Sales Share by Type (2012-2017)
Figure Sales Market Share of Redox Flow Cell by Type (2012-2017)
Figure EMEA Redox Flow Cell Sales Market Share by Type (2012-2017)
Table EMEA Redox Flow Cell Revenue (Million USD) and Market Share by Type (2012-2017)
Table EMEA Redox Flow Cell Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Redox Flow Cell by Type in 2016
Table EMEA Redox Flow Cell Sale Price (USD/Wh) by Type (2012-2017)
Table EMEA Redox Flow Cell Sales (MWh) and Market Share by Application (2012-2017)
Table EMEA Redox Flow Cell Sales Share by Application (2012-2017)
Figure Sales Market Share of Redox Flow Cell by Application (2012-2017)
Figure EMEA Redox Flow Cell Sales Market Share by Application in 2016
Table EMEA Redox Flow Cell Sales (MWh) and Market Share by Region (2012-2017)
Table EMEA Redox Flow Cell Sales Share by Region (2012-2017)
Figure Sales Market Share of Redox Flow Cell by Region (2012-2017)
Figure EMEA Redox Flow Cell Sales Market Share in 2016
Table EMEA Redox Flow Cell Revenue (Million USD) and Market Share by Region (2012-2017)
Table EMEA Redox Flow Cell Revenue Share by Region (2012-2017)
Figure Revenue Market Share of Redox Flow Cell by Region (2012-2017)
Figure EMEA Redox Flow Cell Revenue Market Share Regions in 2016
Table EMEA Redox Flow Cell Sales Price (USD/Wh) by Region (2012-2017)
Figure Europe Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Europe Redox Flow Cell Revenue and Growth Rate (2012-2017)
Table Europe Redox Flow Cell Sales (MWh) by Type (2012-2017)
Table Europe Redox Flow Cell Market Share by Type (2012-2017)
Figure Europe Redox Flow Cell Market Share by Type in 2016
Table Europe Redox Flow Cell Sales (MWh) by Application (2012-2017)
Table Europe Redox Flow Cell Market Share by Application (2012-2017)
Figure Europe Redox Flow Cell Market Share by Application in 2016
Table Europe Redox Flow Cell Sales (MWh) by Countries (2012-2017)
Table Europe Redox Flow Cell Sales Market Share by Countries (2012-2017)
Figure Europe Redox Flow Cell Sales Market Share by Countries (2012-2017)
Figure Europe Redox Flow Cell Sales Market Share by Countries in 2016
Table Europe Redox Flow Cell Revenue (Million USD) by Countries (2012-2017)
Table Europe Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Europe Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Europe Redox Flow Cell Revenue Market Share by Countries in 2016
Figure Germany Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure France Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure UK Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Russia Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Italy Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Benelux Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Middle East Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Middle East Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2017)
Table Middle East Redox Flow Cell Sales (MWh) by Type (2012-2017)
Table Middle East Redox Flow Cell Market Share by Type (2012-2017)
Figure Middle East Redox Flow Cell Market Share by Type (2012-2017)
Table Middle East Redox Flow Cell Sales (MWh) by Applications (2012-2017)
Table Middle East Redox Flow Cell Market Share by Applications (2012-2017)
Figure Middle East Redox Flow Cell Sales Market Share by Application in 2016
Table Middle East Redox Flow Cell Sales Volume (MWh) by Countries (2012-2017)
Table Middle East Redox Flow Cell Sales Volume Market Share by Countries (2012-2017)
Figure Middle East Redox Flow Cell Sales Volume Market Share by Countries in 2016
Table Middle East Redox Flow Cell Revenue (Million USD) by Countries (2012-2017)
Table Middle East Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Middle East Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Middle East Redox Flow Cell Revenue Market Share by Countries in 2016
Figure Saudi Arabia Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Israel Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure UAE Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Iran Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Africa Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Africa Redox Flow Cell Revenue (Million USD) and Growth Rate (2012-2017)
Table Africa Redox Flow Cell Sales (MWh) by Type (2012-2017)
Table Africa Redox Flow Cell Sales Market Share by Type (2012-2017)
Figure Africa Redox Flow Cell Sales Market Share by Type (2012-2017)
Figure Africa Redox Flow Cell Sales Market Share by Type in 2016
Table Africa Redox Flow Cell Sales (MWh) by Application (2012-2017)
Table Africa Redox Flow Cell Sales Market Share by Application (2012-2017)
Figure Africa Redox Flow Cell Sales Market Share by Application (2012-2017)
Table Africa Redox Flow Cell Sales Volume (MWh) by Countries (2012-2017)
Table Africa Redox Flow Cell Sales Market Share by Countries (2012-2017)
Figure Africa Redox Flow Cell Sales Market Share by Countries (2012-2017)
Figure Africa Redox Flow Cell Sales Market Share by Countries in 2016
Table Africa Redox Flow Cell Revenue (Million USD) by Countries (2012-2017)
Table Africa Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Africa Redox Flow Cell Revenue Market Share by Countries (2012-2017)
Figure Africa Redox Flow Cell Revenue Market Share by Countries in 2016
Figure South Africa Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Nigeria Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Egypt Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Algeria Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Table Brine4power Redox Flow Cell Basic Information List
Table Brine4power Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure Brine4power Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Brine4power Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure Brine4power Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table Thyssenkrupp Redox Flow Cell Basic Information List
Table Thyssenkrupp Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure Thyssenkrupp Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Thyssenkrupp Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure Thyssenkrupp Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table Vanadis Redox Flow Cell Basic Information List
Table Vanadis Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure Vanadis Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Vanadis Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure Vanadis Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table Sumitomo Electric Industries, Ltd Redox Flow Cell Basic Information List
Table Sumitomo Electric Industries, Ltd Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure Sumitomo Electric Industries, Ltd Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Sumitomo Electric Industries, Ltd Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure Sumitomo Electric Industries, Ltd Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table ITN Energy Systems Redox Flow Cell Basic Information List
Table ITN Energy Systems Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure ITN Energy Systems Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure ITN Energy Systems Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure ITN Energy Systems Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table SCHMID Energy Systems Redox Flow Cell Basic Information List
Table SCHMID Energy Systems Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure SCHMID Energy Systems Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure SCHMID Energy Systems Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure SCHMID Energy Systems Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table UniEnergy Technologies (UET) Redox Flow Cell Basic Information List
Table UniEnergy Technologies (UET) Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure UniEnergy Technologies (UET) Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure UniEnergy Technologies (UET) Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure UniEnergy Technologies (UET) Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table Primus Power Redox Flow Cell Basic Information List
Table Primus Power Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure Primus Power Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure Primus Power Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure Primus Power Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table ESS Inc Redox Flow Cell Basic Information List
Table ESS Inc Redox Flow Cell Sales (MWh), Revenue (Million USD), Price (USD/Wh) and Gross Margin (2012-2017)
Figure ESS Inc Redox Flow Cell Sales (MWh) and Growth Rate (2012-2017)
Figure ESS Inc Redox Flow Cell Sales Market Share in EMEA (2012-2017)
Figure ESS Inc Redox Flow Cell Revenue Market Share in EMEA (2012-2017)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Redox Flow Cell
Figure Manufacturing Process Analysis of Redox Flow Cell
Figure Redox Flow Cell Industrial Chain Analysis
Table Raw Materials Sources of Redox Flow Cell Major Manufacturers in 2016
Table Major Buyers of Redox Flow Cell
Table Distributors/Traders List
Figure EMEA Redox Flow Cell Sales (MWh) and Growth Rate Forecast (2017-2022)
Figure EMEA Redox Flow Cell Revenue and Growth Rate Forecast (2017-2022)
Figure EMEA Redox Flow Cell Price (USD/Wh) and Trend Forecast (2017-2022)
Table EMEA Redox Flow Cell Sales (MWh) Forecast by Region (2017-2022)
Figure EMEA Redox Flow Cell Sales Market Share Forecast by Region (2017-2022)
Table EMEA Redox Flow Cell Revenue (Million USD) Forecast by Region (2017-2022)
Figure EMEA Redox Flow Cell Revenue Market Share Forecast by Region (2017-2022)
Table Europe Redox Flow Cell Sales (MWh) Forecast by Countries (2017-2022)
Figure Europe Redox Flow Cell Sales Market Share Forecast by Countries (2017-2022)
Table Europe Redox Flow Cell Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Europe Redox Flow Cell Revenue Market Share Forecast by Countries (2017-2022)
Table Middle East Redox Flow Cell Sales (MWh) Forecast by Countries (2017-2022)
Figure Middle East Redox Flow Cell Sales Market Share Forecast by Countries (2017-2022)
Table Middle East Redox Flow Cell Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Middle East Redox Flow Cell Revenue Market Share Forecast by Countries (2017-2022)
Table Africa Redox Flow Cell Sales (MWh) Forecast by Countries (2017-2022)
Figure Africa Redox Flow Cell Sales Market Share Forecast by Countries (2017-2022)
Table Africa Redox Flow Cell Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Africa Redox Flow Cell Revenue Market Share Forecast by Countries (2017-2022)
Table EMEA Redox Flow Cell Sales (MWh) Forecast by Type (2017-2022)
Figure EMEA Redox Flow Cell Sales Market Share Forecast by Type (2017-2022)
Table EMEA Redox Flow Cell Sales (MWh) Forecast by Application (2017-2022)
Figure EMEA Redox Flow Cell Sales Market Share Forecast by Application (2017-2022)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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