Flow Batteries Market Size, Share, and Trends 2024 to 2034

The global flow batteries market size accounted for USD 489.8 billion in 2024, grew to USD 600.69 billion in 2025 and is predicted to surpass around USD 3769.99 billion by 2034, representing a healthy CAGR of 22.64% between 2024 and 2034.

  • Last Updated : November 2024
  • Report Code : 2368
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Flow Batterie Market 

5.1. COVID-19 Landscape: Flow Batterie Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Flow Batterie Market, By Type

8.1. Flow Batterie Market, by Type, 2024-2034

8.1.1. Redox

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Hybrid

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Membrane less

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Flow Batterie Market, By Application

9.1. Flow Batterie Market, by Application, 2024-2034

9.1.1. Utilities

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Commercial

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Industrial

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Military

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. EV Charging Station

9.1.5.1. Market Revenue and Forecast (2021-2034)

9.1.6. Off Grid & Micro grid Power

9.1.6.1. Market Revenue and Forecast (2021-2034)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Flow Batterie Market, By Material 

10.1. Flow Batterie Market, by Material, 2024-2034

10.1.1. All Vanadium

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. All Iron

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Zinc–Bromine

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Hydrogen-Bromine

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Polysulfide Bromine

10.1.5.1. Market Revenue and Forecast (2021-2034)

10.1.6. Organic

10.1.6.1. Market Revenue and Forecast (2021-2034)

10.1.7. Others

10.1.7.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Flow Batterie Market, By Storage 

11.1. Flow Batterie Market, by Storage, 2024-2034

11.1.1. Compact

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. Large Scale

11.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Flow Batterie Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Type (2021-2034)

12.1.2. Market Revenue and Forecast, by Application (2021-2034)

12.1.3. Market Revenue and Forecast, by Material (2021-2034)

12.1.4. Market Revenue and Forecast, by Storage (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.1.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.1.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.1.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Type (2021-2034)

12.1.6.2. Market Revenue and Forecast, by Application (2021-2034)

12.1.6.3. Market Revenue and Forecast, by Material (2021-2034)

12.1.6.4. Market Revenue and Forecast, by Storage (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Type (2021-2034)

12.2.2. Market Revenue and Forecast, by Application (2021-2034)

12.2.3. Market Revenue and Forecast, by Material (2021-2034)

12.2.4. Market Revenue and Forecast, by Storage (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.2.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.2.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.2.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Type (2021-2034)

12.2.6.2. Market Revenue and Forecast, by Application (2021-2034)

12.2.6.3. Market Revenue and Forecast, by Material (2021-2034)

12.2.6.4. Market Revenue and Forecast, by Storage (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Type (2021-2034)

12.2.7.2. Market Revenue and Forecast, by Application (2021-2034)

12.2.7.3. Market Revenue and Forecast, by Material (2021-2034)

12.2.7.4. Market Revenue and Forecast, by Storage (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Type (2021-2034)

12.2.8.2. Market Revenue and Forecast, by Application (2021-2034)

12.2.8.3. Market Revenue and Forecast, by Material (2021-2034)

12.2.8.4. Market Revenue and Forecast, by Storage (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Type (2021-2034)

12.3.2. Market Revenue and Forecast, by Application (2021-2034)

12.3.3. Market Revenue and Forecast, by Material (2021-2034)

12.3.4. Market Revenue and Forecast, by Storage (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.3.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.3.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.3.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Type (2021-2034)

12.3.6.2. Market Revenue and Forecast, by Application (2021-2034)

12.3.6.3. Market Revenue and Forecast, by Material (2021-2034)

12.3.6.4. Market Revenue and Forecast, by Storage (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Type (2021-2034)

12.3.7.2. Market Revenue and Forecast, by Application (2021-2034)

12.3.7.3. Market Revenue and Forecast, by Material (2021-2034)

12.3.7.4. Market Revenue and Forecast, by Storage (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Type (2021-2034)

12.3.8.2. Market Revenue and Forecast, by Application (2021-2034)

12.3.8.3. Market Revenue and Forecast, by Material (2021-2034)

12.3.8.4. Market Revenue and Forecast, by Storage (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Type (2021-2034)

12.4.2. Market Revenue and Forecast, by Application (2021-2034)

12.4.3. Market Revenue and Forecast, by Material (2021-2034)

12.4.4. Market Revenue and Forecast, by Storage (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.4.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.4.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.4.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Type (2021-2034)

12.4.6.2. Market Revenue and Forecast, by Application (2021-2034)

12.4.6.3. Market Revenue and Forecast, by Material (2021-2034)

12.4.6.4. Market Revenue and Forecast, by Storage (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Type (2021-2034)

12.4.7.2. Market Revenue and Forecast, by Application (2021-2034)

12.4.7.3. Market Revenue and Forecast, by Material (2021-2034)

12.4.7.4. Market Revenue and Forecast, by Storage (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Type (2021-2034)

12.4.8.2. Market Revenue and Forecast, by Application (2021-2034)

12.4.8.3. Market Revenue and Forecast, by Material (2021-2034)

12.4.8.4. Market Revenue and Forecast, by Storage (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Type (2021-2034)

12.5.5.2. Market Revenue and Forecast, by Application (2021-2034)

12.5.5.3. Market Revenue and Forecast, by Material (2021-2034)

12.5.5.4. Market Revenue and Forecast, by Storage (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Type (2021-2034)

12.5.6.2. Market Revenue and Forecast, by Application (2021-2034)

12.5.6.3. Market Revenue and Forecast, by Material (2021-2034)

12.5.6.4. Market Revenue and Forecast, by Storage (2021-2034)

Chapter 13. Company Profiles

13.1. ESS Inc. (US)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. GILDEMEISTER energy solutions (Austria)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Primus Power (US)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. RedFlow (Australia)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. redT Energy (UK)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. SCHMID (Germany)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Sumitomo Electric. (Japan)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. UniEnergy Technologies (US)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. ViZn Energy (US)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. EnSync Energy Systems (US)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global flow batteries market size was accounted at USD 489.8 billion in 2024 and it is expected to reach around USD 3769.99 billion by 2034.

The global flow batteries market is poised to grow at a CAGR of 22.64% from 2024 to 2034.

The major players operating in the flow batteries market are ESS Inc. (US), GILDEMEISTER energy solutions (Austria), Primus Power (US), RedFlow (Australia), redT Energy (UK), SCHMID (Germany), Sumitomo Electric. (Japan), UniEnergy Technologies (US), ViZn Energy (US), EnSync Energy Systems (US).

The driving factors of the flow batteries market are increased investment in and attention to various renewable energy sources, rising government backing, rising investment in R&D activities, and expanding investment in military and defense applications.

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