Global Flow Battery Market to show Impressive Growth of CAGR during the period 2017- 2023 - Planet Market ReportsPlanet Market Reports has added a report, titled, “Global Flow battery Market 2017 Forecast to 2023.”
Flow Battery Market
A flow battery, or redox flow battery after reduction–oxidation , is a type of electrochemical cell where chemical energy is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane. Ion exchange accompanied by flow of electric current occurs through the membrane while both liquids circulate in their own respective space. Cell voltage is chemically determined by the Nernst equation and ranges, in practical applications, from 1.0 to 2.2 volts.
Scope of the Report:
Asia-Pacific is anticipated to dominate the global flow battery market owning to the increasing renewable power plants in countries such as Japan, China.
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The worldwide market for Flow Battery is expected to grow at a CAGR of roughly $$% over the next five years, will reach $$ million US$ in 2023, from $$ million US$ in 2017, according to a new Planet Market Reports study.
Market Segment by Manufacturers, this report covers
ESS
GILDEMEISTER
Primus Power
RedFlow
redT
SCHMID
Sumitomo
UniEnergy
ViZn Energy
EnSync Energy
Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Redox
Hybrid
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Market Segment by Applications, can be divided into
Utilities
Commercial & Industrial
Military
EV Charging Station
Others
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