Market Overview:
The global electrochemical flow cells market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy storage solutions, rising concerns over climate change, and growing investments in renewable energy sources. The electrochemical flow cells market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into electrode area below0.001 m², electrode area below0.01 m², electrode area below0.1 m², electrode area below1 m² and electrode area greater than or equal to1m² segments. The lead acid flow battery segment is expected to dominate the global electrochemical flow cells market during the forecast period owing to its low cost and easy availability across regions.
Product Definition:
An electrochemical flow cell is a device that uses electricity to drive a chemical reaction. The cells are often used in batteries and fuel cells, where the reactants are stored in tanks outside of the cell and fed into the cell as needed. This allows for a continuous supply of energy without having to stop to recharge or refuel.
Electrode Area Below0.001 m²:
The global electrode area below0.001 m² market size was valued at USD 5,788.1 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period owing to its increasing usage in electrochemical flow cells for water & wastewater treatment applications across the globe.
Electrode Area Below0.01 m²:
The global electrode area below0.01 m² market size was valued at USD 5,788.1 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of rising demand for advanced flow cells with high productivity and efficiency coupled with low operational costs.
Application Insights:
The global demand for all vanadium flow battery application was valued at USD 536.0 million in 2017 and is expected to witness significant growth over the forecast period owing to its ability to store renewable energy in form of electrical energy. Increasing need for sustainable development, growing concerns regarding greenhouse gas emissions, and other pollutants have led major manufacturers such as Samsung Heavy Industries Ltd., Mitsubishi Electric Corporation, etc.to invest heavily in vanadium redox flow batteries which are used across multiple applications including residential & commercial buildings, off-grid & grid storage systems among others.
Electrochemical cells based on lithium ion technology are widely used across a variety of end-use industries including consumer electronics where they are employed in laptops/notebooks; mobile phones; cameras; video recorders/time lapse machines among others due to their lightweight.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The regional growth can be attributed to increasing government funding for R&D in electrochemistry coupled with rising demand for energy storage and electric vehicles. In 2016, China accounted for a major share of global battery production owing to its large lithium reserves and low labor costs.
North America was estimated as one of the largest regions followed by Europe during 2017. North America market was dominated by U.S.
Growth Factors:
- Increasing demand for fuel cells in transportation sector: The Electrochemical Flow Cells market is witnessing a significant growth due to the increasing demand for fuel cells in the transportation sector. This is owing to the advantages offered by fuel cells such as high efficiency, low emissions, and long-term durability.
- Growing popularity of electric vehicles: Electric vehicles are gaining popularity across the globe due to their environment-friendly nature and low running costs. This is expected to drive the demand for Electrochemical Flow Cells in the coming years.
- Rising investment in renewable energy sources: Renewable energy sources such as solar and wind are gaining traction across the globe due to their environmental benefits over traditional energy sources such as coal and oil. This is expected to boost the adoption of Electrochemical Flow Cells in renewable energy applications over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrochemical Flow Cells Market Research Report
By Type
Electrode Area Below0.001 m², Electrode Area Below0.01 m², Electrode Area Below0.1 m², Electrode Area Below1 m², Electrode Area Greater than or equal to1 m²
By Application
All Vanadium Flow Battery, Lithium Ion Flow Battery, Lead Acid Flow Battery
By Companies
ElectroCell A/S, Reichert Technologies (AMETEK, Inc), KNAUER Wissenschaftliche Gerate GmbH, Bioanalytical Systems, Inc, C-Tech Innovation, Antec Scientific, EL-Cell GmbH, Thermo Fisher
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electrochemical Flow Cells Market Report Segments:
The global Electrochemical Flow Cells market is segmented on the basis of:
Types
Electrode Area Below0.001 m², Electrode Area Below0.01 m², Electrode Area Below0.1 m², Electrode Area Below1 m², Electrode Area Greater than or equal to1 m²
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
All Vanadium Flow Battery, Lithium Ion Flow Battery, Lead Acid Flow Battery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ElectroCell A/S
- Reichert Technologies (AMETEK, Inc)
- KNAUER Wissenschaftliche Gerate GmbH
- Bioanalytical Systems, Inc
- C-Tech Innovation
- Antec Scientific
- EL-Cell GmbH
- Thermo Fisher
Highlights of The Electrochemical Flow Cells Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrode Area Below0.001 m²
- Electrode Area Below0.01 m²
- Electrode Area Below0.1 m²
- Electrode Area Below1 m²
- Electrode Area Greater than or equal to1 m²
- By Application:
- All Vanadium Flow Battery
- Lithium Ion Flow Battery
- Lead Acid Flow Battery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrochemical Flow Cells Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrochemical flow cells are a type of electrochemical cell that can be used to produce electricity from chemical reactions. The cells use an external source of energy, such as sunlight or an electric current, to drive the chemical reactions.
Some of the key players operating in the electrochemical flow cells market are ElectroCell A/S, Reichert Technologies (AMETEK, Inc), KNAUER Wissenschaftliche Gerate GmbH, Bioanalytical Systems, Inc, C-Tech Innovation, Antec Scientific, EL-Cell GmbH, Thermo Fisher.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrochemical Flow Cells Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrochemical Flow Cells Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrochemical Flow Cells Market - Supply Chain
4.5. Global Electrochemical Flow Cells Market Forecast
4.5.1. Electrochemical Flow Cells Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrochemical Flow Cells Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrochemical Flow Cells Market Absolute $ Opportunity
5. Global Electrochemical Flow Cells Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrochemical Flow Cells Market Size and Volume Forecast by Type
5.3.1. Electrode Area Below0.001 m²
5.3.2. Electrode Area Below0.01 m²
5.3.3. Electrode Area Below0.1 m²
5.3.4. Electrode Area Below1 m²
5.3.5. Electrode Area Greater than or equal to1 m²
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrochemical Flow Cells Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrochemical Flow Cells Market Size and Volume Forecast by Application
6.3.1. All Vanadium Flow Battery
6.3.2. Lithium Ion Flow Battery
6.3.3. Lead Acid Flow Battery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrochemical Flow Cells Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrochemical Flow Cells Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrochemical Flow Cells Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrochemical Flow Cells Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrochemical Flow Cells Demand Share Forecast, 2019-2026
9. North America Electrochemical Flow Cells Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrochemical Flow Cells Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrochemical Flow Cells Market Size and Volume Forecast by Application
9.4.1. All Vanadium Flow Battery
9.4.2. Lithium Ion Flow Battery
9.4.3. Lead Acid Flow Battery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrochemical Flow Cells Market Size and Volume Forecast by Type
9.7.1. Electrode Area Below0.001 m²
9.7.2. Electrode Area Below0.01 m²
9.7.3. Electrode Area Below0.1 m²
9.7.4. Electrode Area Below1 m²
9.7.5. Electrode Area Greater than or equal to1 m²
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrochemical Flow Cells Demand Share Forecast, 2019-2026
10. Latin America Electrochemical Flow Cells Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrochemical Flow Cells Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrochemical Flow Cells Market Size and Volume Forecast by Application
10.4.1. All Vanadium Flow Battery
10.4.2. Lithium Ion Flow Battery
10.4.3. Lead Acid Flow Battery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrochemical Flow Cells Market Size and Volume Forecast by Type
10.7.1. Electrode Area Below0.001 m²
10.7.2. Electrode Area Below0.01 m²
10.7.3. Electrode Area Below0.1 m²
10.7.4. Electrode Area Below1 m²
10.7.5. Electrode Area Greater than or equal to1 m²
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrochemical Flow Cells Demand Share Forecast, 2019-2026
11. Europe Electrochemical Flow Cells Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrochemical Flow Cells Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrochemical Flow Cells Market Size and Volume Forecast by Application
11.4.1. All Vanadium Flow Battery
11.4.2. Lithium Ion Flow Battery
11.4.3. Lead Acid Flow Battery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrochemical Flow Cells Market Size and Volume Forecast by Type
11.7.1. Electrode Area Below0.001 m²
11.7.2. Electrode Area Below0.01 m²
11.7.3. Electrode Area Below0.1 m²
11.7.4. Electrode Area Below1 m²
11.7.5. Electrode Area Greater than or equal to1 m²
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrochemical Flow Cells Demand Share, 2019-2026
12. Asia Pacific Electrochemical Flow Cells Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrochemical Flow Cells Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrochemical Flow Cells Market Size and Volume Forecast by Application
12.4.1. All Vanadium Flow Battery
12.4.2. Lithium Ion Flow Battery
12.4.3. Lead Acid Flow Battery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrochemical Flow Cells Market Size and Volume Forecast by Type
12.7.1. Electrode Area Below0.001 m²
12.7.2. Electrode Area Below0.01 m²
12.7.3. Electrode Area Below0.1 m²
12.7.4. Electrode Area Below1 m²
12.7.5. Electrode Area Greater than or equal to1 m²
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrochemical Flow Cells Demand Share, 2019-2026
13. Middle East & Africa Electrochemical Flow Cells Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrochemical Flow Cells Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrochemical Flow Cells Market Size and Volume Forecast by Application
13.4.1. All Vanadium Flow Battery
13.4.2. Lithium Ion Flow Battery
13.4.3. Lead Acid Flow Battery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrochemical Flow Cells Market Size and Volume Forecast by Type
13.7.1. Electrode Area Below0.001 m²
13.7.2. Electrode Area Below0.01 m²
13.7.3. Electrode Area Below0.1 m²
13.7.4. Electrode Area Below1 m²
13.7.5. Electrode Area Greater than or equal to1 m²
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrochemical Flow Cells Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrochemical Flow Cells Market: Market Share Analysis
14.2. Electrochemical Flow Cells Distributors and Customers
14.3. Electrochemical Flow Cells Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ElectroCell A/S
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Reichert Technologies (AMETEK, Inc)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KNAUER Wissenschaftliche Gerate GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bioanalytical Systems, Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. C-Tech Innovation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Antec Scientific
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EL-Cell GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thermo Fisher
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
