Iron-Chromium Flow Battery Market, Global Outlook and Forecast 2023-2029

Iron-Chromium Flow Battery Market, Global Outlook and Forecast 2023-2029

Report Code: KNJ1548354 | No. of Pages: 74 | Category: Energy
Publisher: Market Monitor Global | Date of Publish: Feb-2023
The Iron-Chromium Flow Battery is a redox flow battery (RFB). In comparison with other redox flow batteries, power and energy ratings of iron-chromium liquid batteries are independent of each other; each may be optimized separately for each application.Iron chromium liquid battery can be recycled after long use. This is one of the advantages of iron chromium liquid batteries. These batteries are one of the safest systems for energy storage. Iron chromium liquid batteries are also durable and can withstand extreme ranges in temperature.
This report aims to provide a comprehensive presentation of the global market for Iron-Chromium Flow Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Iron-Chromium Flow Battery. This report contains market size and forecasts of Iron-Chromium Flow Battery in global, including the following market information:
Global Iron-Chromium Flow Battery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Iron-Chromium Flow Battery Market Sales, 2018-2023, 2024-2029, (MWh)
Global top five Iron-Chromium Flow Battery companies in 2022 (%)
The global Iron-Chromium Flow Battery market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
50 mA/cm² Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Iron-Chromium Flow Battery include EnerVault Corporation, Mitsui Group, Sumitomo Electric, Imergy, UniEnergy Technologies., HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD, Huadian Power International Corporation Limited, Hubei Zhenhua Chemical CO., LTD and Dalian Rongke Power, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Iron-Chromium Flow Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Iron-Chromium Flow Battery Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Iron-Chromium Flow Battery Market Segment Percentages, by Type, 2022 (%)
    50 mA/cm²
    80 mA/cm²
    160 mA/cm²
    Others
Global Iron-Chromium Flow Battery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Iron-Chromium Flow Battery Market Segment Percentages, by Application, 2022 (%)
    Power Stations
    Energy Storage
    Industrial
    Independent Power Generation Systems
    Others
Global Iron-Chromium Flow Battery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Iron-Chromium Flow Battery Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Iron-Chromium Flow Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Iron-Chromium Flow Battery revenues share in global market, 2022 (%)
Key companies Iron-Chromium Flow Battery sales in global market, 2018-2023 (Estimated), (MWh)
Key companies Iron-Chromium Flow Battery sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    EnerVault Corporation
    Mitsui Group
    Sumitomo Electric
    Imergy
    UniEnergy Technologies.
    HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD
    Huadian Power International Corporation Limited
    Hubei Zhenhua Chemical CO., LTD
    Dalian Rongke Power
Outline of Major Chapters:
Chapter 1: Introduces the definition of Iron-Chromium Flow Battery, market overview.
Chapter 2: Global Iron-Chromium Flow Battery market size in revenue and volume.
Chapter 3: Detailed analysis of Iron-Chromium Flow Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Iron-Chromium Flow Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Iron-Chromium Flow Battery capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
    1.1 Iron-Chromium Flow Battery Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Iron-Chromium Flow Battery Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Iron-Chromium Flow Battery Overall Market Size
    2.1 Global Iron-Chromium Flow Battery Market Size: 2022 VS 2029
    2.2 Global Iron-Chromium Flow Battery Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Iron-Chromium Flow Battery Sales: 2018-2029
3 Company Landscape
    3.1 Top Iron-Chromium Flow Battery Players in Global Market
    3.2 Top Global Iron-Chromium Flow Battery Companies Ranked by Revenue
    3.3 Global Iron-Chromium Flow Battery Revenue by Companies
    3.4 Global Iron-Chromium Flow Battery Sales by Companies
    3.5 Global Iron-Chromium Flow Battery Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Iron-Chromium Flow Battery Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Iron-Chromium Flow Battery Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Iron-Chromium Flow Battery Players in Global Market
        3.8.1 List of Global Tier 1 Iron-Chromium Flow Battery Companies
        3.8.2 List of Global Tier 2 and Tier 3 Iron-Chromium Flow Battery Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Iron-Chromium Flow Battery Market Size Markets, 2022 & 2029
        4.1.2 50 mA/cm²
        4.1.3 80 mA/cm²
        4.1.4 160 mA/cm²
        4.1.5 Others
    4.2 By Type - Global Iron-Chromium Flow Battery Revenue & Forecasts
        4.2.1 By Type - Global Iron-Chromium Flow Battery Revenue, 2018-2023
        4.2.2 By Type - Global Iron-Chromium Flow Battery Revenue, 2024-2029
        4.2.3 By Type - Global Iron-Chromium Flow Battery Revenue Market Share, 2018-2029
    4.3 By Type - Global Iron-Chromium Flow Battery Sales & Forecasts
        4.3.1 By Type - Global Iron-Chromium Flow Battery Sales, 2018-2023
        4.3.2 By Type - Global Iron-Chromium Flow Battery Sales, 2024-2029
        4.3.3 By Type - Global Iron-Chromium Flow Battery Sales Market Share, 2018-2029
    4.4 By Type - Global Iron-Chromium Flow Battery Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Iron-Chromium Flow Battery Market Size, 2022 & 2029
        5.1.2 Power Stations
        5.1.3 Energy Storage
        5.1.4 Industrial
        5.1.5 Independent Power Generation Systems
        5.1.6 Others
    5.2 By Application - Global Iron-Chromium Flow Battery Revenue & Forecasts
        5.2.1 By Application - Global Iron-Chromium Flow Battery Revenue, 2018-2023
        5.2.2 By Application - Global Iron-Chromium Flow Battery Revenue, 2024-2029
        5.2.3 By Application - Global Iron-Chromium Flow Battery Revenue Market Share, 2018-2029
    5.3 By Application - Global Iron-Chromium Flow Battery Sales & Forecasts
        5.3.1 By Application - Global Iron-Chromium Flow Battery Sales, 2018-2023
        5.3.2 By Application - Global Iron-Chromium Flow Battery Sales, 2024-2029
        5.3.3 By Application - Global Iron-Chromium Flow Battery Sales Market Share, 2018-2029
    5.4 By Application - Global Iron-Chromium Flow Battery Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Iron-Chromium Flow Battery Market Size, 2022 & 2029
    6.2 By Region - Global Iron-Chromium Flow Battery Revenue & Forecasts
        6.2.1 By Region - Global Iron-Chromium Flow Battery Revenue, 2018-2023
        6.2.2 By Region - Global Iron-Chromium Flow Battery Revenue, 2024-2029
        6.2.3 By Region - Global Iron-Chromium Flow Battery Revenue Market Share, 2018-2029
    6.3 By Region - Global Iron-Chromium Flow Battery Sales & Forecasts
        6.3.1 By Region - Global Iron-Chromium Flow Battery Sales, 2018-2023
        6.3.2 By Region - Global Iron-Chromium Flow Battery Sales, 2024-2029
        6.3.3 By Region - Global Iron-Chromium Flow Battery Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Iron-Chromium Flow Battery Revenue, 2018-2029
        6.4.2 By Country - North America Iron-Chromium Flow Battery Sales, 2018-2029
        6.4.3 US Iron-Chromium Flow Battery Market Size, 2018-2029
        6.4.4 Canada Iron-Chromium Flow Battery Market Size, 2018-2029
        6.4.5 Mexico Iron-Chromium Flow Battery Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Iron-Chromium Flow Battery Revenue, 2018-2029
        6.5.2 By Country - Europe Iron-Chromium Flow Battery Sales, 2018-2029
        6.5.3 Germany Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.4 France Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.5 U.K. Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.6 Italy Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.7 Russia Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.8 Nordic Countries Iron-Chromium Flow Battery Market Size, 2018-2029
        6.5.9 Benelux Iron-Chromium Flow Battery Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Iron-Chromium Flow Battery Revenue, 2018-2029
        6.6.2 By Region - Asia Iron-Chromium Flow Battery Sales, 2018-2029
        6.6.3 China Iron-Chromium Flow Battery Market Size, 2018-2029
        6.6.4 Japan Iron-Chromium Flow Battery Market Size, 2018-2029
        6.6.5 South Korea Iron-Chromium Flow Battery Market Size, 2018-2029
        6.6.6 Southeast Asia Iron-Chromium Flow Battery Market Size, 2018-2029
        6.6.7 India Iron-Chromium Flow Battery Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Iron-Chromium Flow Battery Revenue, 2018-2029
        6.7.2 By Country - South America Iron-Chromium Flow Battery Sales, 2018-2029
        6.7.3 Brazil Iron-Chromium Flow Battery Market Size, 2018-2029
        6.7.4 Argentina Iron-Chromium Flow Battery Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Iron-Chromium Flow Battery Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Iron-Chromium Flow Battery Sales, 2018-2029
        6.8.3 Turkey Iron-Chromium Flow Battery Market Size, 2018-2029
        6.8.4 Israel Iron-Chromium Flow Battery Market Size, 2018-2029
        6.8.5 Saudi Arabia Iron-Chromium Flow Battery Market Size, 2018-2029
        6.8.6 UAE Iron-Chromium Flow Battery Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 EnerVault Corporation
        7.1.1 EnerVault Corporation Company Summary
        7.1.2 EnerVault Corporation Business Overview
        7.1.3 EnerVault Corporation Iron-Chromium Flow Battery Major Product Offerings
        7.1.4 EnerVault Corporation Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.1.5 EnerVault Corporation Key News & Latest Developments
    7.2 Mitsui Group
        7.2.1 Mitsui Group Company Summary
        7.2.2 Mitsui Group Business Overview
        7.2.3 Mitsui Group Iron-Chromium Flow Battery Major Product Offerings
        7.2.4 Mitsui Group Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.2.5 Mitsui Group Key News & Latest Developments
    7.3 Sumitomo Electric
        7.3.1 Sumitomo Electric Company Summary
        7.3.2 Sumitomo Electric Business Overview
        7.3.3 Sumitomo Electric Iron-Chromium Flow Battery Major Product Offerings
        7.3.4 Sumitomo Electric Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.3.5 Sumitomo Electric Key News & Latest Developments
    7.4 Imergy
        7.4.1 Imergy Company Summary
        7.4.2 Imergy Business Overview
        7.4.3 Imergy Iron-Chromium Flow Battery Major Product Offerings
        7.4.4 Imergy Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.4.5 Imergy Key News & Latest Developments
    7.5 UniEnergy Technologies.
        7.5.1 UniEnergy Technologies. Company Summary
        7.5.2 UniEnergy Technologies. Business Overview
        7.5.3 UniEnergy Technologies. Iron-Chromium Flow Battery Major Product Offerings
        7.5.4 UniEnergy Technologies. Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.5.5 UniEnergy Technologies. Key News & Latest Developments
    7.6 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD
        7.6.1 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD Company Summary
        7.6.2 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD Business Overview
        7.6.3 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD Iron-Chromium Flow Battery Major Product Offerings
        7.6.4 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.6.5 HERUI POWER INVESTMENT ENERGY STORAGE TECHNOLOGY CO.,LTD Key News & Latest Developments
    7.7 Huadian Power International Corporation Limited
        7.7.1 Huadian Power International Corporation Limited Company Summary
        7.7.2 Huadian Power International Corporation Limited Business Overview
        7.7.3 Huadian Power International Corporation Limited Iron-Chromium Flow Battery Major Product Offerings
        7.7.4 Huadian Power International Corporation Limited Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.7.5 Huadian Power International Corporation Limited Key News & Latest Developments
    7.8 Hubei Zhenhua Chemical CO., LTD
        7.8.1 Hubei Zhenhua Chemical CO., LTD Company Summary
        7.8.2 Hubei Zhenhua Chemical CO., LTD Business Overview
        7.8.3 Hubei Zhenhua Chemical CO., LTD Iron-Chromium Flow Battery Major Product Offerings
        7.8.4 Hubei Zhenhua Chemical CO., LTD Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.8.5 Hubei Zhenhua Chemical CO., LTD Key News & Latest Developments
    7.9 Dalian Rongke Power
        7.9.1 Dalian Rongke Power Company Summary
        7.9.2 Dalian Rongke Power Business Overview
        7.9.3 Dalian Rongke Power Iron-Chromium Flow Battery Major Product Offerings
        7.9.4 Dalian Rongke Power Iron-Chromium Flow Battery Sales and Revenue in Global (2018-2023)
        7.9.5 Dalian Rongke Power Key News & Latest Developments
8 Global Iron-Chromium Flow Battery Production Capacity, Analysis
    8.1 Global Iron-Chromium Flow Battery Production Capacity, 2018-2029
    8.2 Iron-Chromium Flow Battery Production Capacity of Key Manufacturers in Global Market
    8.3 Global Iron-Chromium Flow Battery Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Iron-Chromium Flow Battery Supply Chain Analysis
    10.1 Iron-Chromium Flow Battery Industry Value Chain
    10.2 Iron-Chromium Flow Battery Upstream Market
    10.3 Iron-Chromium Flow Battery Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Iron-Chromium Flow Battery Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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