Report overview
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 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, 2023-2030, ($ millions)
Global Iron-Chromium Flow Battery Market Sales, 2018-2023, 2023-2030, (MWh)
Global top five Iron-Chromium Flow Battery companies in 2022 (%)
The global Iron-Chromium 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.
50 mA/cm? Segment to Reach $ Million by 2030, 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, 2023-2030 ($ Millions) & (MWh)
Global Iron-Chromium Flow Battery Market Segment Percentages, by Type, 2022 (%)
50 mA/cm?
80 mA/cm?
160 mA/cm?
Others
Global Iron-Chromium Flow Battery Market, by Application, 2018-2023, 2023-2030 ($ 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, 2023-2030 ($ 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
