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Vanadium Redox Flow Battery (VRFB)-Global Market Insights and Sales Trends 2024

Vanadium Redox Flow Battery (VRFB)-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1841730

No of Pages : 108

Synopsis
The global Vanadium Redox Flow Battery (VRFB) market size is expected to reach US$ 302.2 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Vanadium Redox Flow Battery (VRFB) in various end use industries. The expanding demands from the Renewable Power Supply and Industrial Grid (Excluding Renewable Power) Adjustment and Management, are propelling Vanadium Redox Flow Battery (VRFB) market. Full-fluorinion Ion Exchange Membrane, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Non-fluorinion Ion Exchange Membrane segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Vanadium Redox Flow Battery (VRFB) market, driven by demand from China, the second largest economy with some signs of stabilising, the Vanadium Redox Flow Battery (VRFB) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vanadium Redox Flow Battery (VRFB), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vanadium Redox Flow Battery (VRFB) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vanadium Redox Flow Battery (VRFB) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vanadium Redox Flow Battery (VRFB) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vanadium Redox Flow Battery (VRFB) covered in this report include Chemours (DuPont), FuMa-Tech, Golden Energy Fuel Cell, Dalian Institute of Chemical Physics, Sumitomo Electric Industries, RedT, UniEnergy Technologies, Gildemeister and Vionxenergy, etc.
The global Vanadium Redox Flow Battery (VRFB) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Chemours (DuPont)
FuMa-Tech
Golden Energy Fuel Cell
Dalian Institute of Chemical Physics
Sumitomo Electric Industries
RedT
UniEnergy Technologies
Gildemeister
Vionxenergy
Big Pawer
Golden Energy Fuel Cell
H2, Inc.
Rongke Power
Global Vanadium Redox Flow Battery (VRFB) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vanadium Redox Flow Battery (VRFB) market, Segment by Type:
Full-fluorinion Ion Exchange Membrane
Non-fluorinion Ion Exchange Membrane
Others
Global Vanadium Redox Flow Battery (VRFB) market, by Application
Renewable Power Supply
Industrial Grid (Excluding Renewable Power) Adjustment and Management
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vanadium Redox Flow Battery (VRFB) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vanadium Redox Flow Battery (VRFB) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Vanadium Redox Flow Battery (VRFB) Market Overview
1.1 Vanadium Redox Flow Battery (VRFB) Product Overview
1.2 Vanadium Redox Flow Battery (VRFB) Market Segment by Type
1.2.1 Full-fluorinion Ion Exchange Membrane
1.2.2 Non-fluorinion Ion Exchange Membrane
1.2.3 Others
1.3 Global Vanadium Redox Flow Battery (VRFB) Market Size by Type
1.3.1 Global Vanadium Redox Flow Battery (VRFB) Market Size Overview by Type (2018-2029)
1.3.2 Global Vanadium Redox Flow Battery (VRFB) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Type (2018-2023)
2 Global Vanadium Redox Flow Battery (VRFB) Market Competition by Company
2.1 Global Top Players by Vanadium Redox Flow Battery (VRFB) Sales (2018-2023)
2.2 Global Top Players by Vanadium Redox Flow Battery (VRFB) Revenue (2018-2023)
2.3 Global Top Players by Vanadium Redox Flow Battery (VRFB) Price (2018-2023)
2.4 Global Top Manufacturers Vanadium Redox Flow Battery (VRFB) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vanadium Redox Flow Battery (VRFB) Market Competitive Situation and Trends
2.5.1 Vanadium Redox Flow Battery (VRFB) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vanadium Redox Flow Battery (VRFB) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vanadium Redox Flow Battery (VRFB) as of 2022)
2.7 Date of Key Manufacturers Enter into Vanadium Redox Flow Battery (VRFB) Market
2.8 Key Manufacturers Vanadium Redox Flow Battery (VRFB) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vanadium Redox Flow Battery (VRFB) Status and Outlook by Region
3.1 Global Vanadium Redox Flow Battery (VRFB) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vanadium Redox Flow Battery (VRFB) Historic Market Size by Region
3.2.1 Global Vanadium Redox Flow Battery (VRFB) Sales in Volume by Region (2018-2023)
3.2.2 Global Vanadium Redox Flow Battery (VRFB) Sales in Value by Region (2018-2023)
3.2.3 Global Vanadium Redox Flow Battery (VRFB) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Region
3.3.1 Global Vanadium Redox Flow Battery (VRFB) Sales in Volume by Region (2024-2029)
3.3.2 Global Vanadium Redox Flow Battery (VRFB) Sales in Value by Region (2024-2029)
3.3.3 Global Vanadium Redox Flow Battery (VRFB) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vanadium Redox Flow Battery (VRFB) by Application
4.1 Vanadium Redox Flow Battery (VRFB) Market Segment by Application
4.1.1 Renewable Power Supply
4.1.2 Industrial Grid (Excluding Renewable Power) Adjustment and Management
4.2 Global Vanadium Redox Flow Battery (VRFB) Market Size by Application
4.2.1 Global Vanadium Redox Flow Battery (VRFB) Market Size Overview by Application (2018-2029)
4.2.2 Global Vanadium Redox Flow Battery (VRFB) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales Breakdown by Application (2018-2023)
5 North America Vanadium Redox Flow Battery (VRFB) by Country
5.1 North America Vanadium Redox Flow Battery (VRFB) Historic Market Size by Country
5.1.1 North America Vanadium Redox Flow Battery (VRFB) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2018-2023)
5.1.3 North America Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2018-2023)
5.2 North America Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Country
5.2.1 North America Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2024-2029)
5.2.2 North America Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2024-2029)
6 Europe Vanadium Redox Flow Battery (VRFB) by Country
6.1 Europe Vanadium Redox Flow Battery (VRFB) Historic Market Size by Country
6.1.1 Europe Vanadium Redox Flow Battery (VRFB) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2018-2023)
6.1.3 Europe Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2018-2023)
6.2 Europe Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Country
6.2.1 Europe Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2024-2029)
6.2.2 Europe Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2024-2029)
7 Asia-Pacific Vanadium Redox Flow Battery (VRFB) by Region
7.1 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Historic Market Size by Region
7.1.1 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Region
7.2.1 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vanadium Redox Flow Battery (VRFB) Sales in Value by Region (2024-2029)
8 Latin America Vanadium Redox Flow Battery (VRFB) by Country
8.1 Latin America Vanadium Redox Flow Battery (VRFB) Historic Market Size by Country
8.1.1 Latin America Vanadium Redox Flow Battery (VRFB) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2018-2023)
8.2 Latin America Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Country
8.2.1 Latin America Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2024-2029)
9 Middle East and Africa Vanadium Redox Flow Battery (VRFB) by Country
9.1 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Historic Market Size by Country
9.1.1 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Forecasted Market Size by Country
9.2.1 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vanadium Redox Flow Battery (VRFB) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Chemours (DuPont)
10.1.1 Chemours (DuPont) Company Information
10.1.2 Chemours (DuPont) Introduction and Business Overview
10.1.3 Chemours (DuPont) Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Chemours (DuPont) Vanadium Redox Flow Battery (VRFB) Products Offered
10.1.5 Chemours (DuPont) Recent Development
10.2 FuMa-Tech
10.2.1 FuMa-Tech Company Information
10.2.2 FuMa-Tech Introduction and Business Overview
10.2.3 FuMa-Tech Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 FuMa-Tech Vanadium Redox Flow Battery (VRFB) Products Offered
10.2.5 FuMa-Tech Recent Development
10.3 Golden Energy Fuel Cell
10.3.1 Golden Energy Fuel Cell Company Information
10.3.2 Golden Energy Fuel Cell Introduction and Business Overview
10.3.3 Golden Energy Fuel Cell Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Golden Energy Fuel Cell Vanadium Redox Flow Battery (VRFB) Products Offered
10.3.5 Golden Energy Fuel Cell Recent Development
10.4 Dalian Institute of Chemical Physics
10.4.1 Dalian Institute of Chemical Physics Company Information
10.4.2 Dalian Institute of Chemical Physics Introduction and Business Overview
10.4.3 Dalian Institute of Chemical Physics Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dalian Institute of Chemical Physics Vanadium Redox Flow Battery (VRFB) Products Offered
10.4.5 Dalian Institute of Chemical Physics Recent Development
10.5 Sumitomo Electric Industries
10.5.1 Sumitomo Electric Industries Company Information
10.5.2 Sumitomo Electric Industries Introduction and Business Overview
10.5.3 Sumitomo Electric Industries Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sumitomo Electric Industries Vanadium Redox Flow Battery (VRFB) Products Offered
10.5.5 Sumitomo Electric Industries Recent Development
10.6 RedT
10.6.1 RedT Company Information
10.6.2 RedT Introduction and Business Overview
10.6.3 RedT Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 RedT Vanadium Redox Flow Battery (VRFB) Products Offered
10.6.5 RedT Recent Development
10.7 UniEnergy Technologies
10.7.1 UniEnergy Technologies Company Information
10.7.2 UniEnergy Technologies Introduction and Business Overview
10.7.3 UniEnergy Technologies Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 UniEnergy Technologies Vanadium Redox Flow Battery (VRFB) Products Offered
10.7.5 UniEnergy Technologies Recent Development
10.8 Gildemeister
10.8.1 Gildemeister Company Information
10.8.2 Gildemeister Introduction and Business Overview
10.8.3 Gildemeister Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gildemeister Vanadium Redox Flow Battery (VRFB) Products Offered
10.8.5 Gildemeister Recent Development
10.9 Vionxenergy
10.9.1 Vionxenergy Company Information
10.9.2 Vionxenergy Introduction and Business Overview
10.9.3 Vionxenergy Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Vionxenergy Vanadium Redox Flow Battery (VRFB) Products Offered
10.9.5 Vionxenergy Recent Development
10.10 Big Pawer
10.10.1 Big Pawer Company Information
10.10.2 Big Pawer Introduction and Business Overview
10.10.3 Big Pawer Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Big Pawer Vanadium Redox Flow Battery (VRFB) Products Offered
10.10.5 Big Pawer Recent Development
10.11 Golden Energy Fuel Cell
10.11.1 Golden Energy Fuel Cell Company Information
10.11.2 Golden Energy Fuel Cell Introduction and Business Overview
10.11.3 Golden Energy Fuel Cell Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Golden Energy Fuel Cell Vanadium Redox Flow Battery (VRFB) Products Offered
10.11.5 Golden Energy Fuel Cell Recent Development
10.12 H2, Inc.
10.12.1 H2, Inc. Company Information
10.12.2 H2, Inc. Introduction and Business Overview
10.12.3 H2, Inc. Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 H2, Inc. Vanadium Redox Flow Battery (VRFB) Products Offered
10.12.5 H2, Inc. Recent Development
10.13 Rongke Power
10.13.1 Rongke Power Company Information
10.13.2 Rongke Power Introduction and Business Overview
10.13.3 Rongke Power Vanadium Redox Flow Battery (VRFB) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Rongke Power Vanadium Redox Flow Battery (VRFB) Products Offered
10.13.5 Rongke Power Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vanadium Redox Flow Battery (VRFB) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vanadium Redox Flow Battery (VRFB) Industrial Chain Analysis
11.4 Vanadium Redox Flow Battery (VRFB) Market Dynamics
11.4.1 Vanadium Redox Flow Battery (VRFB) Industry Trends
11.4.2 Vanadium Redox Flow Battery (VRFB) Market Drivers
11.4.3 Vanadium Redox Flow Battery (VRFB) Market Challenges
11.4.4 Vanadium Redox Flow Battery (VRFB) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vanadium Redox Flow Battery (VRFB) Distributors
12.3 Vanadium Redox Flow Battery (VRFB) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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