New York, May 23, 2018: The Flow Battery Market is segmented on the lines of its application, Storage, Material, product type and regional. On the basis of application, the market can be categorised into Utilities, Commercial & Industrial, Military and EV Charging Station. On the basis of Storage, Flow Battery Market can be segmented into Compact and Large Scale. On the basis of material can be segmented into Vanadium and Zinc-Bromine. Based on product type it covers Redox and Hybrid.

    The scope of the report includes a detailed study of Flow Battery Market with the reasons given for variations in the growth of the industry in certain regions.

    The Flow Battery Market is expected to exceed more than US$ 1.09 Billion by 2024 at a CAGR of 33% in the given forecast period.

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    The major driving factors of Flow Battery Market are as follows:

    • Inherent blessings of Flow Battery
    • Increasing Investment in Renewable Energy
    • High Demand from Utilities Sector
    • Rise in Telecommunications Tower Installations

    The major restraining factors of Flow Battery Market are as follows:

    • High Construction price of Flow Batteries
    • Technical Hindrance Restraining the Market
    • Lack of correct Standards for Development of Flow Battery System

    The Flow Battery Market has been segmented as below:

    By Application:

    • EV Charging Station
    • Commercial and Industrial
    • Utilities
    • Military

    By Storage:

    • Large Scale
    • Compact

    By Material:

    • Zinc-Bromine
    • Vanadium

    By Product Type:

    • Hybrid
    • Redox

    This report provides:

    1) An overview of the global market for Flow Battery Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Flow Battery Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report Scope:

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include G Chem Ltd., Panasonic Corporation, Samsung SDI Co. Ltd., BYD Co. Ltd., BAK Group, A123 Systems, LLC., GS Yuasa Corporation, Hitachi, Ltd., Johnson Controls Inc., Saft Groupe SA, Toshiba Corporation, Valence Technology Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Flow Battery Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Flow Battery Market.

    4) Assess your competitor’s refining portfolio and its evolution.

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    Table of Contents

    1. Introduction
    2. Research Methodology
    3. Summary with Insights
    4. Market Overview

    4.1    Introduction

    4.2    Drivers

    4.3    Restraints

    4.4    Industry Trends

    4.5    Porter’s Five Forces Analysis

    1. Flow Battery Market Analysis, By Application
    2. Flow Battery Market Analysis, By Storage
    3. Flow Battery Market Analysis, By Material
    4. Flow Battery Market Analysis, By Product Type
    5. Flow Battery Market Analysis, By Region
    6. Competitive Overview
    7. Company Profiles

    11.1    Ensync Energy Systems

    11.2    Gildemeister Energy Solutions

    11.3    Elestor

    11.4    Jenabatteries

    11.5    Kemwatt

    11.6    Lockheed Martin

    11.7    ESS Inc.

    11.8    Pu Neng Energy

    11.9    Voltstorage

    11.10    Redflow

    11.11    Redt Energy

    11.12    Sumitomo Electric

    11.13    Unienergy Technologies

    11.14    Primus Power

    11.15    Vionx Energy

    11.16    Vizn Energy Systems

    11.17    Schmid

    11.18    Nanoflowcell

    11.19    Volterion

    11.20    H2 Inc.

     

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    Source: http://www.financeswire.com/flow-battery-market-is-forecast-to-cross-us-1-00-billion-by-2024