The global redox flow cells market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the need for sustainable power generation. The redox flow cells are used as an alternative source of energy in various applications such as grid-scale storage, microgrids, and residential solar power systems.
The global redox flow cells market is segmented on the basis of type into electrode area below 0.001 m², electrode area below 0.01 m², electrode area below 0.1 m², and electrode area greater than or equal to 1 m²; by application into all vanadium flow battery (VFB), lithium ion flow battery (LIB), lead acid flow battery (LAFB); and by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa (APMEA).
- The increasing demand for renewable energy is driving the growth of the Redox Flow Cells market.
- The need to reduce carbon emissions is also driving the growth of this market.
- The increasing number of natural disasters and climate change are also driving the growth of this market as they increase the need for renewable energy sources that are not dependent on weather conditions or geographical location, such as solar and wind power, which can be used in any location with sunlight or wind respectively.
- The lack of a stable grid infrastructure in developing countries is also driving the growth of this market as it increases their reliance on renewable energy sources that do not require a stable grid infrastructure to function properly, such as solar and wind power, which can be used in any location with sunlight or wind respectively.
- Increasing government support for clean energy initiatives is also driving the growth of this market.
Industry Growth Insights published a new data on “Redox Flow Cells Market”. The research report is titled “Redox Flow Cells Market research by 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), By Applications (All Vanadium Flow Battery, Lithium Ion Flow Battery, Lead Acid Flow Battery), By Players/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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Redox 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Redox Flow Cells Market Report Segments:
The global Redox 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 Redox 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 Redox 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:
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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?
Redox flow cells are a type of cell that can be used to study how different molecules interact with one another.
Some of the key players operating in the redox 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.
The redox flow cells market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Redox 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. Redox 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. Redox Flow Cells Market - Supply Chain
4.5. Global Redox Flow Cells Market Forecast
4.5.1. Redox Flow Cells Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Redox Flow Cells Market Size (000 Units) and Y-o-Y Growth
4.5.3. Redox Flow Cells Market Absolute $ Opportunity
5. Global Redox 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. Redox 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 Redox 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. Redox 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 Redox 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. Redox 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 Redox 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. Redox 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 Redox Flow Cells Demand Share Forecast, 2019-2026
9. North America Redox 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 Redox 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 Redox 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 Redox 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 Redox Flow Cells Demand Share Forecast, 2019-2026
10. Latin America Redox 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 Redox 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 Redox 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 Redox 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 Redox Flow Cells Demand Share Forecast, 2019-2026
11. Europe Redox 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 Redox 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 Redox 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 Redox 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 Redox Flow Cells Demand Share, 2019-2026
12. Asia Pacific Redox 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 Redox 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 Redox 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 Redox 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 Redox Flow Cells Demand Share, 2019-2026
13. Middle East & Africa Redox 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 Redox 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 Redox 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 Redox 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 Redox Flow Cells Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Redox Flow Cells Market: Market Share Analysis
14.2. Redox Flow Cells Distributors and Customers
14.3. Redox 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
