Redox Flow Battery Market
Redox Flow Battery Market Size, Share, Growth & Industry Analysis, By Application (Utility, Electric Vehicle, Renewable Energy Management, Grid Energy Storage, Emergency Backup, Other Industrial Usage), By Material Type, By End Use Sector, and Regional Analysis, 2024-2031
Pages : 120
Base Year : 2023
Release : August 2024
Report ID: KR991
Snapshot
Base Year
2023
Forecast Year
2024-2031
Historical Years
2019-2022
Market Value (2023)
USD 290.2 Million
Forecasted Value (2031)
USD 1570.4 Million
CAGR (2024 - 2031)
23.80%
Fastest Growing Region (2024 - 2031)
Asia Pacific
Largest Region
Asia Pacific
Market Scope
By Application
Utility, Electric Vehicle, Renewable Energy Management, Grid Energy Storage, Emergency Backup, Other Industrial Usage
By Material Type
Vanadium Redox Flow Battery (VRFB), Iron-Chromium Flow Battery, Zinc-Bromine Flow Battery, Hybrid, Others
