
The global Flow Battery market size is predicted to grow from US$ 236 million in 2025 to US$ 394 million in 2031; it is expected to grow at a CAGR of 8.9% from 2025 to 2031.
A flow battery, or redox flow battery (after reduction鈥搊xidation), is a type of rechargeable battery where recharge ability is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane. Ion exchange (providing flow of electric current) occurs through the membrane while both liquids circulate in their own respective space. Cell voltage is chemically determined by the Nernst equation and ranges, in practical applications, from 1.0 to 2.2 volts. The performance of these devices is governed by the considerations of electrochemical engineering.
Global flow battery main players include Dalian Rongke Power, Primus Power, Sumitomo Electric, VRB ENERGY, Largo Clean Energy, etc., totally accounting for about 95%. Asia-Pacific is the largest market, with a share over 78%. As for the types of products, it can be divided into vanadium flow battery and hybrid flow battery. Vanadium flow battery is the largest segment, holding a share aboutr 90%. In terms of application, it is widely used in utility facilities, renewable energy integration and others. The most common application is in utility facilities, taking a share over 80%.
The 鈥淔low Battery Industry Forecast鈥 looks at past sales and reviews total world Flow Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Flow Battery sales for 2025 through 2031. With Flow Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flow Battery industry.
This Insight Report provides a comprehensive analysis of the global Flow Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flow Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Flow Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flow Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flow Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Flow Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vanadium Flow Battery
Hybrid Flow Battery
Segmentation by Application:
Utility Facilities
Renewable Energy Integration
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dalian Rongke Power
Primus Power
Sumitomo Electric
VRB ENERGY
Largo Clean Energy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flow Battery market?
What factors are driving Flow Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flow Battery market opportunities vary by end market size?
How does Flow Battery break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Flow Battery Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Flow Battery by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Flow Battery by Country/Region, 2020, 2024 & 2031
2.2 Flow Battery Segment by Type
2.2.1 Vanadium Flow Battery
2.2.2 Hybrid Flow Battery
2.3 Flow Battery Sales by Type
2.3.1 Global Flow Battery Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global Flow Battery Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global Flow Battery Sale Price by Type (2020-2025)
2.4 Flow Battery Segment by Application
2.4.1 Utility Facilities
2.4.2 Renewable Energy Integration
2.4.3 Others
2.5 Flow Battery Sales by Application
2.5.1 Global Flow Battery Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global Flow Battery Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global Flow Battery Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Flow Battery Breakdown Data by Company
3.1.1 Global Flow Battery Annual Sales by Company (2020-2025)
3.1.2 Global Flow Battery Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global Flow Battery Annual Revenue by Company (2020-2025)
3.2.1 Global Flow Battery Revenue by Company (2020-2025)
3.2.2 Global Flow Battery Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global Flow Battery Sale Price by Company
3.4 Key Manufacturers Flow Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Flow Battery Product Location Distribution
3.4.2 Players Flow Battery Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Flow Battery by Geographic Region
4.1 World Historic Flow Battery 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global Flow Battery Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Flow Battery Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Flow Battery 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global Flow Battery Annual Sales by Country/Region (2020-2025)
4.2.2 Global Flow Battery Annual Revenue by Country/Region (2020-2025)
4.3 Americas Flow Battery Sales Growth
4.4 APAC Flow Battery Sales Growth
4.5 Europe Flow Battery Sales Growth
4.6 Middle East & Africa Flow Battery Sales Growth
5 Americas
5.1 Americas Flow Battery Sales by Country
5.1.1 Americas Flow Battery Sales by Country (2020-2025)
5.1.2 Americas Flow Battery Revenue by Country (2020-2025)
5.2 Americas Flow Battery Sales by Type (2020-2025)
5.3 Americas Flow Battery Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Flow Battery Sales by Region
6.1.1 APAC Flow Battery Sales by Region (2020-2025)
6.1.2 APAC Flow Battery Revenue by Region (2020-2025)
6.2 APAC Flow Battery Sales by Type (2020-2025)
6.3 APAC Flow Battery Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Flow Battery by Country
7.1.1 Europe Flow Battery Sales by Country (2020-2025)
7.1.2 Europe Flow Battery Revenue by Country (2020-2025)
7.2 Europe Flow Battery Sales by Type (2020-2025)
7.3 Europe Flow Battery Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Flow Battery by Country
8.1.1 Middle East & Africa Flow Battery Sales by Country (2020-2025)
8.1.2 Middle East & Africa Flow Battery Revenue by Country (2020-2025)
8.2 Middle East & Africa Flow Battery Sales by Type (2020-2025)
8.3 Middle East & Africa Flow Battery Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Flow Battery
10.3 Manufacturing Process Analysis of Flow Battery
10.4 Industry Chain Structure of Flow Battery
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Flow Battery Distributors
11.3 Flow Battery Customer
12 World Forecast Review for Flow Battery by Geographic Region
12.1 Global Flow Battery 麻豆原创 Size Forecast by Region
12.1.1 Global Flow Battery Forecast by Region (2026-2031)
12.1.2 Global Flow Battery Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Flow Battery Forecast by Type (2026-2031)
12.7 Global Flow Battery Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Dalian Rongke Power
13.1.1 Dalian Rongke Power Company Information
13.1.2 Dalian Rongke Power Flow Battery Product Portfolios and Specifications
13.1.3 Dalian Rongke Power Flow Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Dalian Rongke Power Main Business Overview
13.1.5 Dalian Rongke Power Latest Developments
13.2 Primus Power
13.2.1 Primus Power Company Information
13.2.2 Primus Power Flow Battery Product Portfolios and Specifications
13.2.3 Primus Power Flow Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Primus Power Main Business Overview
13.2.5 Primus Power Latest Developments
13.3 Sumitomo Electric
13.3.1 Sumitomo Electric Company Information
13.3.2 Sumitomo Electric Flow Battery Product Portfolios and Specifications
13.3.3 Sumitomo Electric Flow Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Sumitomo Electric Main Business Overview
13.3.5 Sumitomo Electric Latest Developments
13.4 VRB ENERGY
13.4.1 VRB ENERGY Company Information
13.4.2 VRB ENERGY Flow Battery Product Portfolios and Specifications
13.4.3 VRB ENERGY Flow Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 VRB ENERGY Main Business Overview
13.4.5 VRB ENERGY Latest Developments
13.5 Largo Clean Energy
13.5.1 Largo Clean Energy Company Information
13.5.2 Largo Clean Energy Flow Battery Product Portfolios and Specifications
13.5.3 Largo Clean Energy Flow Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Largo Clean Energy Main Business Overview
13.5.5 Largo Clean Energy Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
