Press release
Flow Battery Booming Segments; Investors Seeking Growth | ESS, Vanadis Power, Primus Power
Flow Battery
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The flow battery is a promising technology for large-scale storage of alternating power generated from solar and wind farms owing to its unique advantages like location independence, scalability and versatility. It is an electrochemical device that converts the chemical energy in the electro-active materials directly to electrical energy, similar to a conventional battery and fuel cells. The widespread commercialization of flow batteries is still stuck by certain technical barriers. The flow battery market is expected to witness a considerable growth in near future due to high demand from utilities sector, rise in telecommunications tower installations
Market Drivers
o Growth in telecommunications tower installations
o Increasing investment in renewable energy
Market Trend
o Declining Li-ion battery prices
Restraints
o High construction cost of flow batteries
o Lack of proper standards for development of flow battery system
Opportunities
o Large storage requirements in data centers
o Technological innovations with improved capabilities
Challenges
o Lead pollution and stringent laws
o High competition from conventional battery technologies
The Global Flow Battery is segmented by following Product Types:
Type (Redox Flow Battery , Hybrid Flow Battery), Application (Power, Automotive, Industrial, Residential, Others), Storage (Compact, Large scale), Material (Vanadium, Zinc-Bromine, Others)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Flow Battery Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Flow Battery market
Chapter 2: Exclusive Summary - the basic information of the Global Flow Battery Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Global Flow Battery
Chapter 4: Presenting the Global Flow Battery Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Global Flow Battery market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Flow Battery Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Flow Battery Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources - Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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