Iron Flow Battery Market

A flow battery, or redox flow battery (after reduction?oxidation), is a type of electrochemical cell where chemical energy is provided by two chemical components dissolved in liquids contained within the system and separated by a membrane. Ion exchange (accompanied by flow of electric current) occurs through the membrane while both liquids circulate in their own respective space. Cell voltage is chemically determined by the Nernst equation and ranges, in practical applications, from 1.0 to 2.2 volts.

Iron Flow Battery is a type of flow battery, its anode is made of iron matericals, cathode is made of ferro-ferricyanide aqueous couple or ferric chloride solution etc.

Iron Flow Battery Market contains market size and forecasts of Iron Flow Battery in global, including the following market information:

Global Iron Flow Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Iron Flow Battery Market Sales, 2017-2022, 2023-2028, (KWh)

Global top five Iron Flow Battery companies in 2021 (%)

The global Iron Flow Battery market was valued at 34 million in 2021 and is projected to reach US$ 121.7 million by 2028, at a CAGR of 20.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

All Iron-based Flow Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Iron Flow Battery include ESS Inc and Electric Fuel Energy (EFE etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Iron 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 Flow Battery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (KWh)

Global Iron Flow Battery Market Segment Percentages, by Type, 2021 (%)

All Iron-based Flow Battery

Iron Hybrid Flow Battery

Global Iron Flow Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (KWh)

Global Iron Flow Battery Market Segment Percentages, by Application, 2021 (%)

Utility Facilities

Renewable Energy Storage

Others

Global Iron Flow Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (KWh)

Global Iron Flow Battery Market Segment Percentages, By Region and Country, 2021 (%)

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 Flow Battery revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Iron Flow Battery revenues share in global market, 2021 (%)

Key companies Iron Flow Battery sales in global market, 2017-2022 (Estimated), (KWh)

Key companies Iron Flow Battery sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ESS Inc

Electric Fuel Energy (EFE