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About Flow Battery Batteries refer to the devices used to store energy, which can be utilized later at times of blackouts, power shortages, or when the demand for electricity is high. Batteries are divided into lead-acid, lithium, or nickel-based. A battery plate grid enhances the life and performance of a battery. The network composition is a balance among the electrolyte's specific gravity, the active material used, and lead concentration. Batteries are used in automobiles, electronics, golf carts, and forklifts, among others. Lithium-ion (Li-ion) and lead-acid batteries are most extensively utilized in automotive and motive industries. Technavio?s analysts forecast the global flow battery market to grow at a CAGR of 3.38% during the period 2017-2021. Covered in this report The report covers the present scenario and the growth prospects of the global flow battery market for 2017-2021. To calculate the market size, the report considers the cumulative installations of telecom towers worldwide. The market is divided into the following segments based on geography: ? Americas ? APAC ? EMEA Technavio's report, Global Flow Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors ? Primus Power ? redT energy ? UniEnergy Technologies ? VanadiumCorp Resource ? Vionx Energy Other prominent vendors ? ACME ? Amara Raja Power Systems ? Coslight Group ? EaglePicher Technologies ? Eaton ? EverExceed ? EXIDE INDUSTRIES ? GS Battery (USA) ? HBL Power Systems ? Hitachi Chemical (previously FIAMM Energy Technology) ? Hitachi Chemical Energy Technology ? HOPPECKE ? KPS Capital Partners (previously C&D TECHNOLOGIES) ? LG Chem ? NED Energy ? NorthStar ? Panasonic ? SAMSUNG SDI ? Schneider Electric ? Shandong Sacred Sun Power Sources ? Trojan Battery ? Victron Energy Market driver ? Rise of green telecom towers ? For a full, detailed list, view our report Market challenge ? Lead pollution and stringent laws ? For a full, detailed list, view our report Market trend ? Declining Li-ion battery prices ? For a full, detailed list, view our report Key questions answered in this report ? What will the market size be in 2021 and what will the growth rate be? ? What are the key market trends? ? What is driving this market? ? What are the challenges to market growth? ? Who are the key vendors in this market space? You can request one free hour of our analyst?s time when you purchase this market report. Details are provided within the report.
Table of Contents PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: INTRODUCTION ? Market outline PART 05: MARKET LANDSCAPE ? Market ecosystem ? Market segmentation analysis PART 06: MARKET SIZING ? Market definition ? Market sizing 2016 ? Market size and forecast 2016-2021 PART 07: FIVE FORCES ANALYSIS ? Bargaining power of buyers ? Bargaining power of suppliers ? Threat of new entrants ? Threat of substitutes ? Threat of rivalry ? Market condition PART 08: MARKET SEGMENTATION BY BATTERY TYPE ? Segmentation by battery type ? Comparison by battery type ? Redox battery ? Market size and forecast 2016-2021 ? Hybrid battery ? Market size and forecast 2016-2021 ? Market opportunity by battery type PART 09: REGIONAL LANDSCAPE ? Geographical segmentation ? Regional comparison ? Americas ? Market size and forecast 2016-2021 ? EMEA ? Market size and forecast 2016-2021 ? APAC ? Market size and forecast 2016-2021 ? Key leading countries ? Market opportunity PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES ? Market drivers ? Market challenges PART 12: MARKET TRENDS ? Increasing shift toward renewable energy ? Widening scope of vanadium redox battery use ? Growing need for electrification PART 13: VENDOR LANDSCAPE ? Competitive scenario PART 14: VENDOR ANALYSIS ? Vendor overview ? Primus Power ? redT energy ? UniEnergy Technologies ? VanadiumCorp Resource ? Vionx Energy PART 15: APPENDIX ? List of abbreviations List of Exhibits Exhibit 01: Types of flow battery Exhibit 02: Schematic diagram of flow battery Exhibit 03: Comparison between Li-ion and flow batteries Exhibit 04: Flow diagram of vanadium redox battery Exhibit 05: Parent market Exhibit 06: Global flow battery market Exhibit 07: Market segments Exhibit 08: Market definition - inclusions and exclusions checklist Exhibit 09: Market size 2016 Exhibit 10: Validation techniques employed for market sizing - 2016 Exhibit 11: Global flow battery market ? Market size and forecast 2016-2021 ($ millions) Exhibit 12: Global flow battery market ? Year-over-year growth 2017-2021 (%) Exhibit 13: Five forces analysis 2016 Exhibit 14: Five forces analysis 2021 Exhibit 15: Bargaining power of buyers Exhibit 16: Bargaining power of suppliers Exhibit 17: Threat of new entrants Exhibit 18: Threat of substitutes Exhibit 19: Threat of rivalry Exhibit 20: Five forces analysis, 2017 Exhibit 21: Battery type ? Market share 2016-2021 (%) Exhibit 22: Comparison by battery type Exhibit 23: Redox battery ? Market size and forecast 2016-2021 ($ millions) Exhibit 24: Redox flow systems Exhibit 25: Redox battery ? Year-over-year growth 2017-2021 (%) Exhibit 26: Hybrid battery ? Market size and forecast 2016-2021 ($ millions) Exhibit 27: Hybrid battery ? Year-over-year growth 2017-2021 (%) Exhibit 28: Market opportunity by battery type Exhibit 29: Regional ? Market share by geography 2016-2021 (%) Exhibit 30: Regional comparison Exhibit 31: Americas ? Market size and forecast 2016-2021 ($ millions) Exhibit 32: Americas ? Year-over-year growth 2017-2021 (%) Exhibit 33: EMEA ? Market size and forecast 2016-2021 ($ millions) Exhibit 34: EMEA ? Year-over-year growth 2017-2021 (%) Exhibit 35: APAC ? Market size and forecast 2016-2021 ($ millions) Exhibit 36: APAC ? Year-over-year growth 2017-2021 (%) Exhibit 37: Key leading countries Exhibit 38: Efficiency of various advanced storage systems 2016 (%) Exhibit 39: Global Li-ion battery cost 2009-2016 Exhibit 40: Comparison of various energy storage systems Exhibit 41: Global electrification rate, 2016 Exhibit 42: Primus Power: Key products Exhibit 43: redT energy: Key products Exhibit 44: UniEnergy Technologies: Key products Exhibit 45: VanadiumCorp Resource: Key products Exhibit 46: Vionx Energy: Key products
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
Primary research - Manufacturers/Suppliers, Channel partners, Industry experts, Strategic decision makers
Secondary research - Technavio internal repository, Industry journals and periodicals, Government bodies, Annual reports of key stakeholders
Data synthesis - Collation of data, Estimation of key figure, Analysis of derived insights
Data validation - Triangulation with data models, Reference against proprietary databases, Corroboration with industry experts
Qualitative analysis - Market drivers, Market challenges, Market trends, Five forces analysis
Quantitative analysis- Market size and forecast, Market segmentation, Geographical insights, Competitive landscape
Technavio’s database and industry-specific repositories are used for defining the hypothesis for the study, which is further fine-tuned through primary research involving industry experts. The success of our approach lies in the fact that we take the viewpoint of all stakeholders into consideration while analyzing an industry, and objectively assess each outlook.
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