Market Overview:
The global zinc bromide liquid battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy storage solutions, rising concerns over climate change, and growing investments in new energy technologies. The global zinc bromide liquid battery market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into 50mA/cm2, 80mA/cm2, 160mA/cm2, and others. On the basis of application, the market can be classified into power station applications; new energy storage applications such as electric vehicles (EVs), grid-scale storage systems; industry applications such as oil & gas production facilities and refineries; and other applications including telecommunications systems and military equipment.
Product Definition:
A zinc bromide liquid battery is a type of battery that uses a liquid electrolyte. This type of battery is often used in backup power systems, because it can provide a high amount of power for a relatively short period of time.
50mA/cm2:
50 mA/cm2 is the surface area of a human hair, which means that 50 microamps can be delivered by this area of a human body. The thickness of a single hair ranges from 1-100 microns. A typical adult has 100000 hairs covering the entire body, thus 50mA/cm2 is approximately 0.05 watt per square meter or 5 milliwatts per gram (mW/g).
80mA/cm2:
80 mA/cm2 is a measure of the surface area of a material. It is used to determine the capacity and power handling ability of various types of batteries including zinc bromide, lead acid, lithium ion and nickel-based rechargeable batteries. 80 mA/cm2 Zinc Bromide Liquid Battery Market has high demand in consumer electronics market such as MP3 players, digital cameras, portable radios and others which have small size battery operated devices.
Application Insights:
The industry application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. Industry applications include power stations, marine, forklifts, UPS systems and renewable energy storage. The industry zinc bromide liquid battery is used in a wide range of applications including oil & gas refineries, data centers and hospitals.
Power Stations are anticipated to be one of the fastest growing application segments owing to its usage across multiple industries such as petrochemicals & refining; steel; cement; metalworking; energy generation etc. Growing demand for electric vehicles along with rising concerns regarding greenhouse gas emissions have led major automotive manufacturers such as Tesla Inc.; Volkswagen AG etc. towards investing in various pilot projects related to electric vehicle batteries which provide an opportunity for new entrants into this market space.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in renewable energy and electric vehicles. For instance, China has set a target of producing 20 million electric vehicles by 2020. Such initiatives are anticipated to drive demand for zinc bromide batteries across Asia Pacific region over the forecast period.
Europe was estimated as the second-largest regional market in 2017 owing to high penetration of zinc bromide batteries in key applications including power station, industry, and new energy storage systems across various countries such as Germany, France, Italy, U.K.
North America is also projected to witness significant growth due to growing adoption rate for industrial applications including HVAC & refrigeration.
Growth Factors:
- Increasing demand for zinc bromide liquid battery in the automotive sector as a result of the increasing demand for electric and hybrid vehicles.
- The increasing demand from renewable energy sources such as solar and wind power due to their intermittent nature.
- The growing use of zinc bromide liquid batteries in telecommunications and data centers to store energy from backup generators or renewables to provide uninterrupted power supply (UPS) during outages.
- Rising concerns about climate change and air pollution, which is driving investments in clean energy technologies such as zinc bromide liquid batteries storage systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Zinc Bromide Liquid Battery Market Research Report
By Type
50mA/cm2, 80mA/cm2, 160mA/cm2, Others
By Application
Power Station, New Energy Storage, Industry, Others
By Companies
Sumitomo Electric, Dalian Rongke Power, Primus Power, EnSync, Imergy, Gildemeister, EnerVault, redTENERGY Storage, UniEnergy Technologies, Sumitomo Electric
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Zinc Bromide Liquid Battery Market Report Segments:
The global Zinc Bromide Liquid Battery market is segmented on the basis of:
Types
50mA/cm2, 80mA/cm2, 160mA/cm2, Others
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
Power Station, New Energy Storage, Industry, Others
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:
- Sumitomo Electric
- Dalian Rongke Power
- Primus Power
- EnSync
- Imergy
- Gildemeister
- EnerVault
- redTENERGY Storage
- UniEnergy Technologies
- Sumitomo Electric
Highlights of The Zinc Bromide Liquid Battery 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:
- 50mA/cm2
- 80mA/cm2
- 160mA/cm2
- Others
- By Application:
- Power Station
- New Energy Storage
- Industry
- Others
- 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 Zinc Bromide Liquid Battery 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?
Zinc bromide liquid battery is a type of rechargeable battery that uses zinc as the anode and bromine as the cathode. This type of battery is often used in electronic devices because it has a high capacity and can be recharged quickly.
Some of the major companies in the zinc bromide liquid battery market are Sumitomo Electric, Dalian Rongke Power, Primus Power, EnSync, Imergy, Gildemeister, EnerVault, redTENERGY Storage, UniEnergy Technologies, Sumitomo Electric.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zinc Bromide Liquid Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Zinc Bromide Liquid Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zinc Bromide Liquid Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Zinc Bromide Liquid Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Zinc Bromide Liquid Battery Market Size & Forecast, 2018-2028
4.5.1 Zinc Bromide Liquid Battery Market Size and Y-o-Y Growth
4.5.2 Zinc Bromide Liquid Battery Market Absolute $ Opportunity
Chapter 5 Global Zinc Bromide Liquid Battery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Zinc Bromide Liquid Battery Market Size Forecast by Type
5.2.1 50mA/cm2
5.2.2 80mA/cm2
5.2.3 160mA/cm2
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Zinc Bromide Liquid Battery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Zinc Bromide Liquid Battery Market Size Forecast by Applications
6.2.1 Power Station
6.2.2 New Energy Storage
6.2.3 Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zinc Bromide Liquid Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Zinc Bromide Liquid Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Zinc Bromide Liquid Battery Analysis and Forecast
9.1 Introduction
9.2 North America Zinc Bromide Liquid Battery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Zinc Bromide Liquid Battery Market Size Forecast by Type
9.6.1 50mA/cm2
9.6.2 80mA/cm2
9.6.3 160mA/cm2
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Zinc Bromide Liquid Battery Market Size Forecast by Applications
9.10.1 Power Station
9.10.2 New Energy Storage
9.10.3 Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Zinc Bromide Liquid Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Zinc Bromide Liquid Battery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Zinc Bromide Liquid Battery Market Size Forecast by Type
10.6.1 50mA/cm2
10.6.2 80mA/cm2
10.6.3 160mA/cm2
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Zinc Bromide Liquid Battery Market Size Forecast by Applications
10.10.1 Power Station
10.10.2 New Energy Storage
10.10.3 Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Zinc Bromide Liquid Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Zinc Bromide Liquid Battery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Zinc Bromide Liquid Battery Market Size Forecast by Type
11.6.1 50mA/cm2
11.6.2 80mA/cm2
11.6.3 160mA/cm2
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Zinc Bromide Liquid Battery Market Size Forecast by Applications
11.10.1 Power Station
11.10.2 New Energy Storage
11.10.3 Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Zinc Bromide Liquid Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Zinc Bromide Liquid Battery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Zinc Bromide Liquid Battery Market Size Forecast by Type
12.6.1 50mA/cm2
12.6.2 80mA/cm2
12.6.3 160mA/cm2
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Zinc Bromide Liquid Battery Market Size Forecast by Applications
12.10.1 Power Station
12.10.2 New Energy Storage
12.10.3 Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Zinc Bromide Liquid Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Zinc Bromide Liquid Battery Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Zinc Bromide Liquid Battery Market Size Forecast by Type
13.6.1 50mA/cm2
13.6.2 80mA/cm2
13.6.3 160mA/cm2
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Zinc Bromide Liquid Battery Market Size Forecast by Applications
13.10.1 Power Station
13.10.2 New Energy Storage
13.10.3 Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Zinc Bromide Liquid Battery Market: Competitive Dashboard
14.2 Global Zinc Bromide Liquid Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric
14.3.2 Dalian Rongke Power
14.3.3 Primus Power
14.3.4 EnSync
14.3.5 Imergy
14.3.6 Gildemeister
14.3.7 EnerVault
14.3.8 redTENERGY Storage
14.3.9 UniEnergy Technologies
14.3.10 Sumitomo Electric
