openPR Logo
Press release

Flow Battery Market worth $1.18 Billion by 2030, at a CAGR of 23.0%

01-09-2025 12:10 AM CET | Associations & Organizations

Press release from: ABNewswire

Flow Battery Market

Flow Battery Market

The global Flow Battery Market size in terms of revenue was estimated to be worth $0.34 billion in 2024 and is poised to reach $1.18 billion by 2030, growing at a CAGR of 23.0% during the forecast period.
The report "Flow Battery Market [https://www.marketsandmarkets.com/Market-Reports/flow-battery-market-82953888.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=flowbatterymarket]by Battery Type (Redox, Hybrid), Material (Vanadium, Zinc Bromine, Organic, All-iron, Hydrogen Bromine), Storage (Large Scale & Small Scale), Use Cases (Peak Capacity, Energy Shifting, Frequency Regulation) - Global Forecast to 2030" The global flow battery market will be USD 1.18 billion by 2030 from USD 0.34 billion by 2024, at a CAGR of 23.0% during the forecast period. The Flow Battery is an energy storage system that has varying applications from utility, telecoms, commercial, industrial and military. It has recently gained widespread use in residential and electric vehicle charging applications because of the technical superiority over the lithium-ion and lead-acid batteries. In conventional batteries, energy is embodied in the electrode material; whereas, in flow batteries, the energy is stored in external tanks containing liquid electrolytes which are circulated through cells to create the electrochemical reaction.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82953888 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82953888&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=flowbatterymarket]

Browse 222 market data Tables and 68 Figures spread through 243 Pages and in-depth TOC on "Flow Battery Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/flow-battery-market-82953888.html [https://www.marketsandmarkets.com/Market-Reports/flow-battery-market-82953888.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=flowbatterymarket]

Image: https://www.marketsandmarkets.com/Images/flow-battery-market1.webp [https://www.marketsandmarkets.com/Market-Reports/flow-battery-market-82953888.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=flowbatterymarket]

The market for large-scale segment is expected to gain a significant market share during the forecast period.

A large-scale flow battery is the most common flow battery used today. Flow batteries have always been bulky and require more space as their design includes two large external tanks where the electrolytes are stored. These batteries are based on reversible chemical reactions. Besides, the charging and discharging of large-scale flow batteries do not degrade the electrolytes or the cell, resulting in extended battery life compared to other batteries. Large-scale flow batteries are durable and relatively efficient and are limited in their storage capacity by the size of the tanks. Initially, these batteries were designed explicitly for utilities; however, they have recently been used in military, industrial, commercial, and telecommunication applications. At present, high demand for large- scale flow batteries are observed from utilities. Besides, the increasing number of flow battery installation projects across the globe is estimated to fuel the demand for large-scale storage systems in the coming years.

The EV charging station segment is to grow at an impressive CAGR during the forecast period.

An electric vehicle (EV) charging station is among the newly explored flow battery applications. Electric vehicles are expected to become more prevalent in the coming years. The growing use of EVs has essential implications for the electricity grid due to increased electric energy consumption. This generates additional energy and enhances the transmission and distribution systems by adding more capacity to transmit and deliver additional electricity during the grid's peak demands. Thus, electricity storage systems such as flow batteries for EV charging station applications are eventually gaining popularity owing to its several benefits, such as reduced load on the grid system, portability, safe and durable installation, and reliable energy at any given time. This will likely increase the demand for flow batteries in the fueling stations. Flow batteries also reduce operational costs, offering benefits such as a long-life cycle and power supply during peak times.

Asia Pacific is expected to grow at significant CAGR during the forecast period.

Asia Pacific flow battery market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. During the forecast period, the regional market is predicted to grow at the highest rate primarily due to the surging demand for flow batteries in significant countries, such as Japan and Australia. Furthermore, the adoption of energy storage solutions in industrial, utilities, and other applications, along with the growing demand for flow batteries from the grid and microgrid applications in India and China, and the rising number of operational projects with flow battery installations are all expected to drive the regional market growth in the forecast period.

The key companies in the flow battery market include Infinite Energy Systems (UK), Sumitomo Electric Industries, Ltd. (Japan), VRB Energy (Canada), Enerox GmbH (Austria), Elestor (The Netherlands), ESS Tech, Inc. (US), Largo Inc. (Canada), Lockheed Martin Corporation (US), and Primus Power (US).

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=flow-battery-market-worth-118-billion-by-2030-at-a-cagr-of-230]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/flow-battery-market-82953888.html



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flow Battery Market worth $1.18 Billion by 2030, at a CAGR of 23.0% here

News-ID: 3808286 • Views:

More Releases from ABNewswire

Coronado Beach Production's Film
Coronado Beach Production's Film "Starstruck" to Premiere at the Central Florida …
The short film will air publicly for the first time during the festival in Mt. Dora from January 23-25, 2026. Orlando, Fla. - Jan 08, 2026 - Coronado Beach Productions [https://coronadobeachproductions.com/], an Orlando-based independent film company with 40 years of film production experience, has announced that its short film "Starstruck" will make its public debut later this month after being accepted into the 20th annual Central Florida Film Festival [https://cenflo.us/]. This
KRAS Inhibitors Market Dynamics Indicate Upward Trajectory Through 2034, Reports DelveInsight | Pfizer, Roche, Chugai, Genentech, Revolution Medicines, Eli Lilly, Merck, Taiho, Astex Pharma, Elicio
KRAS Inhibitors Market Dynamics Indicate Upward Trajectory Through 2034, Reports …
The Key KRAS Inhibitors Companies in the market include - Pfizer, Roche/Chugai/Genentech, Revolution Medicines, Eli Lilly and Company, Merck, Taiho, and Astex Pharmaceuticals, Elicio Therapeutics, Jiangsu Hengrui Pharmaceuticals, Cardiff Oncology, Genfleet Therapeutics and Innovent, Jacobio Pharma, Tyligand Pharmaceuticals (Suzhou), Silexion Therapeutics and Catalent, Astellas Pharma, Incyte, Quanta Therapeutics, and others. DelveInsight's "KRAS Inhibitors Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the KRAS Inhibitors, historical and forecasted
The U.S. Drone Boom: How Policy and Market Growth Could Create Winners (ZENA, AVAV, DPRO, RCAT)
The U.S. Drone Boom: How Policy and Market Growth Could Create Winners (ZENA, AV …
The commercial and defense drone market is entering a period of rapid growth. The global industry is projected to surpass $29 billion by 2026, with a ~15% CAGR, driven by applications in logistics, infrastructure inspection, public safety, and defense. Militaries are expanding unmanned systems for surveillance, logistics, and force protection, while commercial operators increasingly adopt drones through recurring service contracts for inspection, mapping, security, and monitoring. Regulatory shifts are now a
Drill-Free Magnetic Surfboard Rack Eliminates Sandy Board Problems for Beach Campers and Van Lifers
Drill-Free Magnetic Surfboard Rack Eliminates Sandy Board Problems for Beach Cam …
A new magnetic mounting system from Open Road Supply Co. is transforming how surfers transport and store their boards while camping at the beach. The innovative rack eliminates the need for drilling into expensive van conversions while keeping surfboards elevated, clean, and sand-free during coastal adventures. The intersection of surf culture and van life has created a passionate community of adventure seekers who chase waves while living mobile lifestyles. However, this

All 5 Releases


More Releases for Flow

Flow (FLOW) Price Prediction: Pepenode (PEPENODE) Gains Rapid Market Recognition
Market moves since early October have reshaped speculative flows. Bitcoin slid from roughly $126,080 to about $87,423, wiping nearly $1 trillion from total market value and pressuring Ethereum. That unwind pushed ETH down about 28% over 30 days and coincided with a $415M net outflow from spot funds in a single day. Rising U.S. Treasury yields and shifting Federal Reserve expectations have nudged capital toward perceived safety and yield-bearing strategies. Institutional
Flow Rate Liquid Flow Meters Market Size, Share and Growth Report, 2034
"The global liquid flow meter market was valued at approximately USD 4 billion in 2024 and is projected to reach around USD 6.5 billion by 2034, indicating a Compound Annual Growth Rate (CAGR) of about 5.2% over the forecast period from 2025 to 2034. " Exactitude Consultancy., Ltd. released a research report titled "Flow Rate Liquid Flow Meters Market". This report covers the global Flow Rate Liquid Flow Meters market sales,
Hybrid Flow Battery Market, By Type (Zinc Bromine Flow Batteries, Other Hybrid F …
Data Bridge Market Research analyses the hybrid flow battery market will exhibit a CAGR of 32.14% for the forecast period of 2022-2029 and is likely to reach USD 710.18 million by 2029. View Detailed Analysis Report: https://www.databridgemarketresearch.com/reports/global-hybrid-flow-battery-market The zinc-bromine flow battery (ZBFB) is the most well-known form of hybrid flow battery. Typically, a hybrid flow battery consists of a cell with 2 compartments separated by a microporous membrane. The battery has a
Hybrid Flow Battery Market, By Type (Zinc Bromine Flow Batteries, Other Hybrid F …
Data Bridge Market Research analyses the hybrid flow battery market will exhibit a CAGR of 32.14% for the forecast period of 2022-2029 and is likely to reach USD 710.18 million by 2029. View Detailed Report: https://www.databridgemarketresearch.com/reports/global-hybrid-flow-battery-market The zinc-bromine flow battery (ZBFB) is the most well-known form of hybrid flow battery. Typically, a hybrid flow battery consists of a cell with 2 compartments separated by a microporous membrane. The battery has a conductor
Hybrid Flow Battery Market, By Type (Zinc Bromine Flow Batteries, Other Hybrid F …
Data Bridge Market Research analyses the hybrid flow battery market will exhibit a CAGR of 32.14% for the forecast period of 2022-2029 and is likely to reach USD 710.18 million by 2029. View Detailed Report: https://www.databridgemarketresearch.com/reports/global-hybrid-flow-battery-market The zinc-bromine flow battery (ZBFB) is the most well-known form of hybrid flow battery. Typically, a hybrid flow battery consists of a cell with 2 compartments separated by a microporous membrane. The battery has a conductor
Flow Cytometry Market Size 2020-26, Agilent Technologies, Apogee Flow Systems
The latest study on the Global Flow Cytometry market report represents a deep appraisal of the international industry. The research report on the worldwide Flow Cytometry market 2020-2026 sheds light on qualitative as well as quantitative insights, historical Flow Cytometry industry status and authorized projection related to the Flow Cytometry market size. Each and every segment exhibited in this report are discovered through verifiable research methods and techniques. It also