Hydrogen-Bromine Flow Battery Market

A?Hydrogen-bromine Flow Battery?is a rechargeable?flow battery?in which?hydrogen bromide?(HBr) serves as the system?s?electrolyte.During the charge cycle, as power flows into the stack, H2 is generated and stored in a separate tank.Hydrogen-bromine Flow Battery incorporates a low-cost membrane and durable catalyst materials. A flow battery?s membrane separates its active materials and keeps them from mixing, while the catalyst serves to speed up the chemical reactions that generate electricity.The Hydrogen/Bromine Flow Battery is a promising candidate for large-scale energy storage due to fast kinetics, highly reversible reactions and low chemical costs.
Hydrogen-Bromine Flow Battery Market contains market size and forecasts of Hydrogen-Bromine Flow Battery in global, including the following market information:
Global Hydrogen-Bromine Flow Battery Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Hydrogen-Bromine Flow Battery Market Sales, 2018-2023, 2023-2030, (MWh)
Global top five Hydrogen-Bromine Flow Battery companies in 2022 (%)
The global Hydrogen-Bromine Flow Battery market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Residential Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Hydrogen-Bromine Flow Battery include Elestor BV, Lawrence Berkeley National Laboratory, Enstorage Inc. and Dalian Institute of Chemical Physics, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydrogen-Bromine 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 Hydrogen-Bromine Flow Battery Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (MWh)
Global Hydrogen-Bromine Flow Battery Market Segment Percentages, by Type, 2022 (%)
Residential
Commercial
Industrial
Others
Global Hydrogen-Bromine Flow Battery Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (MWh)
Global Hydrogen-Bromine Flow Battery Market Segment Percentages, by Application, 2022 (%)
Grid
Renewable Energy Storage
Portable Power Systems
Large-Scale Energy Storage
Others
Global Hydrogen-Bromine Flow Battery Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (MWh)
Global Hydrogen-Bromine 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 Hydrogen-Bromine Flow Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hydrogen-Bromine Flow Battery revenues share in global market, 2022 (%)
Key companies Hydrogen-Bromine Flow Battery sales in global market, 2018-2023 (Estimated), (MWh)
Key companies Hydrogen-Bromine Flow Battery sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Elestor BV
Lawrence Berkeley National Laboratory
Enstorage Inc.
Dalian Institute of Chemical Physics