Global Iron Flow Battery Sales Market Report 2021
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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.
Iron Flow Battery is a type of flow battery, its anode is made of iron matericals, cathode is made of ferro-ferricyanide aqueous couple or ferric chloride solution etc.
North America is the largest consumption place, with a consumption market share about 50% in 2019. Following North America, Asia-Pacific is the second largest consumption place with the more than 20% consumption market share. ESS Inc and Electric Fuel Energy (EFE) are industry leaders. The classification of Iron Flow Battery includes All Iron-based Flow Battery and Iron Hybrid Flow Battery. The proportion of All Iron-based Flow Battery in 2019 is about 85%. Iron Flow Battery is widely used for Utility Facilities, Renewable Energy Storage and Others. The most proportion of Iron Flow Battery is used for Utility Facilities, and the proportion in 2019 is over 1/2 market shares.
Market Analysis and Insights: Global Iron Flow Battery Market
The global Iron Flow Battery market was valued at US$ 33 in 2020 and will reach US$ 101.6 million by the end of 2027, growing at a CAGR of 20.9% during 2022-2027.
Global Iron Flow Battery Scope and Market Size
The global Iron Flow Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Iron Flow Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
All Iron-based Flow Battery
Iron Hybrid Flow Battery
Segment by Application
Utility Facilities
Renewable Energy Storage
Others
The Iron Flow Battery market is analysed and market size information is provided by regions (countries). Segment by Application, the Iron Flow Battery market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ESS Inc
Electric Fuel Energy (EFE
Iron Flow Battery is a type of flow battery, its anode is made of iron matericals, cathode is made of ferro-ferricyanide aqueous couple or ferric chloride solution etc.
North America is the largest consumption place, with a consumption market share about 50% in 2019. Following North America, Asia-Pacific is the second largest consumption place with the more than 20% consumption market share. ESS Inc and Electric Fuel Energy (EFE) are industry leaders. The classification of Iron Flow Battery includes All Iron-based Flow Battery and Iron Hybrid Flow Battery. The proportion of All Iron-based Flow Battery in 2019 is about 85%. Iron Flow Battery is widely used for Utility Facilities, Renewable Energy Storage and Others. The most proportion of Iron Flow Battery is used for Utility Facilities, and the proportion in 2019 is over 1/2 market shares.
Market Analysis and Insights: Global Iron Flow Battery Market
The global Iron Flow Battery market was valued at US$ 33 in 2020 and will reach US$ 101.6 million by the end of 2027, growing at a CAGR of 20.9% during 2022-2027.
Global Iron Flow Battery Scope and Market Size
The global Iron Flow Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Iron Flow Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
All Iron-based Flow Battery
Iron Hybrid Flow Battery
Segment by Application
Utility Facilities
Renewable Energy Storage
Others
The Iron Flow Battery market is analysed and market size information is provided by regions (countries). Segment by Application, the Iron Flow Battery market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ESS Inc
Electric Fuel Energy (EFE
Frequently Asked Questions
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Details
QYR-17559944
08-Mar-2021
130
08-Mar-2021
130
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