Table of Content

1. Market Definition & Scope
1.1. Market Definition
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations

2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation Process
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecasting
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary
3.1. Overview
3.2. Market Analysis, By Offering
3.3. Market Analysis, By Battery Type
3.4. Market Analysis, By Material
3.5. Market Analysis, By Ownership
3.6. Market Analysis, By Application
3.7. Market Analysis, By End User
3.8. Market Analysis, By Geography
3.9. Competitive Analysis

4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Growing Use of Flow Batteries in Utility Applications Supporting Market Growth
4.2.2. Increasing Investments in the Renewable Energy Sector Boosting the Demand for Flow Batteries
4.2.3. Lack of Standardization in the Development Of Flow Battery Systems Restraining Market Growth
4.2.4. High Initial Costs of Manufacturing Impacting the Production of Flow Batteries
4.2.5. Technological Innovation in Flow Batteries Generating Growth Opportunities for Market Players
4.2.6. Growing Need for Power Backup in Data Centers Expected to Create Market Growth Opportunities
4.2.7. Limitations of Flow Batteries Reducing Deployment Across Industries
4.2.8. Unstable Raw Materials Supply to Remain a Major Challenge For Market Players
4.3. Trends
4.3.1. Increasing Focus on Advancing Flow Battery Technology
4.3.2. Energy Storage-as-a-Service (ESaaS)
4.4. A Comparative Overview of Major Battery Types
4.5. Components and Materials Used in Flow Batteries
4.6. Supply Chain Analysis
4.7. PORTER’S Five Forces Analysis
4.7.1. Bargaining Power of Buyers
4.7.2. Bargaining Power of Suppliers
4.7.3. Threat of Substitutes
4.7.4. Threat of New Entrants
4.7.5. Degree of Competition

5. Flow Battery Market Assessment?by Offering
5.1. Overview
5.2. Energy Storage Systems
5.3. Batteries
5.4. Services

6. Flow Battery Market Assessment?by Battery Type
6.1. Overview
6.2. Vanadium Redox Flow Batteries
6.3. Zinc-Bromine Flow Batteries
6.4. All-iron Flow Batteries
6.5. Other Flow Batteries

7. Flow Battery Market Assessment?by Material
7.1. Overview
7.2. Vanadium
7.3. Zinc-Bromine
7.4. Hydrogen-Bromine
7.5. Other Materials

8. Flow Battery Market Assessment?by Ownership
8.1. Overview
8.2. Utility-owned
8.3. Third-party-owned
8.4. Customer-owned

9. Flow Battery Market Assessment?by Application
9.1. Overview
9.2. Load Shifting
9.3. Peak Shaving
9.4. Commercial
9.5. Transmission & Distribution
9.6. EV Charging
9.7. Residential
9.8. Frequency Regulation
9.9. Other Applications

10. Flow Battery Market Assessment?by End User
10.1. Overview
10.2. Utilities
10.3. Commercial & Industrial
10.4. Off-grid & Micro-grid Power
10.5. EV Charging Stations
10.6. Residential
10.7. Other End Users

11. Flow Battery Market Assessment?by Geography
11.1. Overview
11.2. Asia-Pacific
11.2.1. China
11.2.2. Japan
11.2.3. India
11.2.4. South Korea
11.2.5. Rest of Asia-Pacific
11.3. North America
11.3.1. U.S.
11.3.2. Canada
11.4. Europe
11.4.1. U.K.
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. France
11.4.6. Rest of Europe
11.5. Latin America
11.6. Middle East & Africa

12. Competition Analysis
12.1. Overview
12.2. Key Growth Strategies
12.3. Competitive Benchmarking
12.4. Competitive Dashboard
12.4.1. Industry Leaders
12.4.2. Market Differentiators
12.4.3. Vanguards
12.4.4. Emerging Companies
12.5. Market Share Analysis (2022)

13. Company Profiles
13.1. Flow Battery Manufacturing Companies
13.1.1. Sumitomo Electric Industries, Ltd.
13.1.1.1. Company Overview
13.1.1.2. Financial Overview
13.1.1.3. Product Portfolio
13.1.1.4. Strategic Developments
13.1.1.5. SWOT Analysis
13.1.2. Invinity Energy Systems PLC
13.1.2.1. Company Overview
13.1.2.2. Financial Overview
13.1.2.3. Product Portfolio
13.1.2.4. Strategic Developments
13.1.2.5. SWOT Analysis
13.1.3. ESS Tech, Inc.
13.1.3.1. Company Overview
13.1.3.2. Financial Overview
13.1.3.3. Product Portfolio
13.1.3.4. Strategic Developments
13.1.3.5. SWOT Analysis
13.1.4. Redflow Limited
13.1.4.1. Company Overview
13.1.4.2. Financial Overview
13.1.4.3. Product Portfolio
13.1.4.4. Strategic Developments
13.1.5. StorEn Technologies, Inc.
13.1.5.1. Company Overview
13.1.5.2. Product Portfolio
13.1.5.3. Strategic Developments
13.1.6. LION Alternative Energy PLC
13.1.6.1. Company Overview
13.1.6.2. Product Portfolio
13.1.7. CEC Science & Technology Co., Ltd.
13.1.7.1. Company Overview
13.1.7.2. Product Portfolio
13.1.8. StorTera Ltd
13.1.8.1. Company Overview
13.1.8.2. Product Portfolio
13.1.9. Stryten Energy
13.1.9.1. Company Overview
13.1.9.2. Product Portfolio
13.1.9.3. Strategic Developments
13.2. Flow Battery Energy Storage Systems Manufacturing Companies
13.2.1. Largo Inc.
13.2.1.1. Company Overview
13.2.1.2. Financial Overview
13.2.1.3. Product Portfolio
13.2.2. ViZn Energy, Inc.
13.2.2.1. Company Overview
13.2.2.2. Product Portfolio
13.2.3. VRB Energy
13.2.3.1. Company Overview
13.2.3.2. Product Portfolio
13.2.3.3. Strategic Developments
13.2.4. Primus Power Solutions
13.2.4.1. Company Overview
13.2.4.2. Product Portfolio
13.2.5. SCHMID Energy Systems GmbH
13.2.5.1. Company Overview
13.2.5.2. Product Portfolio
13.2.6. Delectrik Systems Pvt. Ltd
13.2.6.1. Company Overview
13.2.6.2. Product Portfolio

14. Appendix
14.1. Available Customization
14.2. Related Reports



List of Figures

Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 The Energy Storage Systems Segment to Account for the Largest Market Share in 2024
Figure 11 The Vanadium Redox Flow Batteries Segment to Account for the Largest Market Share in 2024
Figure 12 The Vanadium Segment to Account for the Largest Market Share in 2024
Figure 13 The Utility-owned Segment to Account for the Largest Market Share in 2024
Figure 14 The Load Shifting Segment to Account for the Largest Market Share in 2024
Figure 15 The Utilities Segment to Account for the Largest Market Share in 2024
Figure 16 Global Flow Batteries Market, By Region (2024 VS. 2031)
Figure 17 Impact Analysis of Market Dynamics
Figure 18 Flow Batteries Market Supply Chain
Figure 19 PORTER’S Five Forces Analysis
Figure 20 Global Flow Batteries Market, by Offering, 2024 Vs. 2031 (USD Million)
Figure 21 Global Flow Batteries Market, by Battery Type, 2024 Vs. 2031 (USD Million)
Figure 22 Vanadium Redox Flow Battery
Figure 23 Zinc-Bromine Flow Battery
Figure 24 All-iron Flow Battery
Figure 25 Global Flow Batteries Market, by Material, 2024 Vs. 2031 (USD Million)
Figure 26 Global Flow Batteries Market, by Ownership, 2024 Vs. 2031 (USD Million)
Figure 27 Global Flow Batteries Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 28 Global Flow Batteries Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 29 Global Flow Battery Market, By Country/Region, 2024 Vs. 2031 (USD Million)
Figure 30 Asia-Pacific: Flow Battery Market Snapshot
Figure 31 North America: Flow Battery Market Snapshot
Figure 32 Europe: Flow Battery Market Snapshot
Figure 33 Leading Market Players’ Strategic Developments (2020–2023)
Figure 34 Vendor Market Positioning Analysis (2021–2023)
Figure 35 Competitive Dashboard: Global Flow Batteries Market
Figure 36 Market Share Analysis, by Leading Players, 2022
Figure 37 Sumitomo Electric Industries, Ltd.: Financial Overview (2022)
Figure 38 Invinity Energy Systems PLC: Financial Overview (2022)
Figure 39 ESS Tech, Inc.: Financial Overview (2022)
Figure 40 Redflow Limited: Financial Overview (2022)
Figure 41 Largo Inc.: Financial Overview (2022)