Global Vanadium Redox Battery (VRB) Supply, Demand and Key Producers, 2024-2030
Page: 106
Published Date: 10 Feb 2024
Category: Energy & Power
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Vanadium Redox Battery (VRB) market size is expected to reach $ 11190 million by 2030, rising at a market growth of 36.7% CAGR during the forecast period (2024-2030).
Rongke Power, Sumitomo Electric Industries and VRB ENERGY are the main producers of vanadium REDOX batteries (VRBs). Rongke Power is the world's first, accounting for about 40% of the market, and the top 3 accounted for about 70%.
China is the largest producing region, accounting for about 60% of the world's total, followed by Japan at about 20%.
The vanadium redox battery (VRB) (or Vanadium flow battery) is a type of rechargeable flow battery that employs vanadium ions in different oxidation states to store chemical potential energy. The vanadium redox battery exploits the ability of vanadium to exist in solution in four different oxidation states, and uses this property to make a battery that has just one electro active element instead of two. For several reasons, including their relatively bulky size, most vanadium batteries are currently used for grid energy storage, such as being attached to power plants or electrical grids.
Unlike other RFBs, vanadium redox flow batteries (VRBs) use only one element (vanadium) in both tanks, exploiting vanadium’s ability to exist in several states. By using one element in both tanks, VRBs can overcome cross-contamination degradation, a significant issue with other RFB chemistries that use more than one element. The energy density of VRBs depends on the concentration of vanadium: the higher the concentration, the higher the energy density.
This report studies the global Vanadium Redox Battery (VRB) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Vanadium Redox Battery (VRB), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Vanadium Redox Battery (VRB) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Vanadium Redox Battery (VRB) total production and demand, 2019-2030, (MW)
Global Vanadium Redox Battery (VRB) total production value, 2019-2030, (USD Million)
Global Vanadium Redox Battery (VRB) production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (MW)
Global Vanadium Redox Battery (VRB) consumption by region & country, CAGR, 2019-2030 & (MW)
U.S. VS China: Vanadium Redox Battery (VRB) domestic production, consumption, key domestic manufacturers and share
Global Vanadium Redox Battery (VRB) production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (MW)
Global Vanadium Redox Battery (VRB) production by Type, production, value, CAGR, 2019-2030, (USD Million) & (MW)
Global Vanadium Redox Battery (VRB) production by Application production, value, CAGR, 2019-2030, (USD Million) & (MW).
This reports profiles key players in the global Vanadium Redox Battery (VRB) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dalian Rongke Power, Sumitomo Electric, VRB ENERGY, Largo Clean Energy, Invinity Energy Systems, Big Pawer, H2, Inc., CellCube Energy Storage and Shanghai Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Vanadium Redox Battery (VRB) market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (USD/KW) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Vanadium Redox Battery (VRB) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Vanadium Redox Battery (VRB) Market, Segmentation by Type
Carbon Paper Electrode
Graphite Felt Electrode
Global Vanadium Redox Battery (VRB) Market, Segmentation by Application
Utility Facilities
Renewable Energy Integration
Others
Companies Profiled:
Dalian Rongke Power
Sumitomo Electric
VRB ENERGY
Largo Clean Energy
Invinity Energy Systems
Big Pawer
H2, Inc.
CellCube Energy Storage
Shanghai Electric
Key Questions Answered
1. How big is the global Vanadium Redox Battery (VRB) market?
2. What is the demand of the global Vanadium Redox Battery (VRB) market?
3. What is the year over year growth of the global Vanadium Redox Battery (VRB) market?
4. What is the production and production value of the global Vanadium Redox Battery (VRB) market?
5. Who are the key producers in the global Vanadium Redox Battery (VRB) market?
Table of Contents
1 Supply Summary
1.1 Vanadium Redox Battery (VRB) Introduction
1.2 World Vanadium Redox Battery (VRB) Supply & Forecast
1.2.1 World Vanadium Redox Battery (VRB) Production Value (2019 & 2023 & 2030)
1.2.2 World Vanadium Redox Battery (VRB) Production (2019-2030)
1.2.3 World Vanadium Redox Battery (VRB) Pricing Trends (2019-2030)
1.3 World Vanadium Redox Battery (VRB) Production by Region (Based on Production Site)
1.3.1 World Vanadium Redox Battery (VRB) Production Value by Region (2019-2030)
1.3.2 World Vanadium Redox Battery (VRB) Production by Region (2019-2030)
1.3.3 World Vanadium Redox Battery (VRB) Average Price by Region (2019-2030)
1.3.4 North America Vanadium Redox Battery (VRB) Production (2019-2030)
1.3.5 Europe Vanadium Redox Battery (VRB) Production (2019-2030)
1.3.6 China Vanadium Redox Battery (VRB) Production (2019-2030)
1.3.7 Japan Vanadium Redox Battery (VRB) Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Vanadium Redox Battery (VRB) Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Vanadium Redox Battery (VRB) Major Market Trends
2.1 World Vanadium Redox Battery (VRB) Demand (2019-2030)
2.2 World Vanadium Redox Battery (VRB) Consumption by Region
2.2.1 World Vanadium Redox Battery (VRB) Consumption by Region (2019-2024)
2.2.2 World Vanadium Redox Battery (VRB) Consumption Forecast by Region (2025-2030)
2.3 United States Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.4 China Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.5 Europe Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.6 Japan Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.7 South Korea Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.8 ASEAN Vanadium Redox Battery (VRB) Consumption (2019-2030)
2.9 India Vanadium Redox Battery (VRB) Consumption (2019-2030)
3.1 World Vanadium Redox Battery (VRB) Production Value by Manufacturer (2019-2024)
3.2 World Vanadium Redox Battery (VRB) Production by Manufacturer (2019-2024)
3.3 World Vanadium Redox Battery (VRB) Average Price by Manufacturer (2019-2024)
3.4 Vanadium Redox Battery (VRB) Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Vanadium Redox Battery (VRB) Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Vanadium Redox Battery (VRB) in 2023
3.5.3 Global Concentration Ratios (CR8) for Vanadium Redox Battery (VRB) in 2023
3.6 Vanadium Redox Battery (VRB) Market: Overall Company Footprint Analysis
3.6.1 Vanadium Redox Battery (VRB) Market: Region Footprint
3.6.2 Vanadium Redox Battery (VRB) Market: Company Product Type Footprint
3.6.3 Vanadium Redox Battery (VRB) Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4.1 United States VS China: Vanadium Redox Battery (VRB) Production Value Comparison
4.1.1 United States VS China: Vanadium Redox Battery (VRB) Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Vanadium Redox Battery (VRB) Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Vanadium Redox Battery (VRB) Production Comparison
4.2.1 United States VS China: Vanadium Redox Battery (VRB) Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Vanadium Redox Battery (VRB) Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Vanadium Redox Battery (VRB) Consumption Comparison
4.3.1 United States VS China: Vanadium Redox Battery (VRB) Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Vanadium Redox Battery (VRB) Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Vanadium Redox Battery (VRB) Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Vanadium Redox Battery (VRB) Production Value (2019-2024)
4.4.3 United States Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024)
4.5 China Based Vanadium Redox Battery (VRB) Manufacturers and Market Share
4.5.1 China Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Vanadium Redox Battery (VRB) Production Value (2019-2024)
4.5.3 China Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024)
4.6 Rest of World Based Vanadium Redox Battery (VRB) Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024)
5.1 World Vanadium Redox Battery (VRB) Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Carbon Paper Electrode
5.2.2 Graphite Felt Electrode
5.3 Market Segment by Type
5.3.1 World Vanadium Redox Battery (VRB) Production by Type (2019-2030)
5.3.2 World Vanadium Redox Battery (VRB) Production Value by Type (2019-2030)
5.3.3 World Vanadium Redox Battery (VRB) Average Price by Type (2019-2030)
6.1 World Vanadium Redox Battery (VRB) Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Utility Facilities
6.2.2 Renewable Energy Integration
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Vanadium Redox Battery (VRB) Production by Application (2019-2030)
6.3.2 World Vanadium Redox Battery (VRB) Production Value by Application (2019-2030)
6.3.3 World Vanadium Redox Battery (VRB) Average Price by Application (2019-2030)
7.1 Dalian Rongke Power
7.1.1 Dalian Rongke Power Details
7.1.2 Dalian Rongke Power Major Business
7.1.3 Dalian Rongke Power Vanadium Redox Battery (VRB) Product and Services
7.1.4 Dalian Rongke Power Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Dalian Rongke Power Recent Developments/Updates
7.1.6 Dalian Rongke Power Competitive Strengths & Weaknesses
7.2 Sumitomo Electric
7.2.1 Sumitomo Electric Details
7.2.2 Sumitomo Electric Major Business
7.2.3 Sumitomo Electric Vanadium Redox Battery (VRB) Product and Services
7.2.4 Sumitomo Electric Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Sumitomo Electric Recent Developments/Updates
7.2.6 Sumitomo Electric Competitive Strengths & Weaknesses
7.3 VRB ENERGY
7.3.1 VRB ENERGY Details
7.3.2 VRB ENERGY Major Business
7.3.3 VRB ENERGY Vanadium Redox Battery (VRB) Product and Services
7.3.4 VRB ENERGY Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 VRB ENERGY Recent Developments/Updates
7.3.6 VRB ENERGY Competitive Strengths & Weaknesses
7.4 Largo Clean Energy
7.4.1 Largo Clean Energy Details
7.4.2 Largo Clean Energy Major Business
7.4.3 Largo Clean Energy Vanadium Redox Battery (VRB) Product and Services
7.4.4 Largo Clean Energy Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Largo Clean Energy Recent Developments/Updates
7.4.6 Largo Clean Energy Competitive Strengths & Weaknesses
7.5 Invinity Energy Systems
7.5.1 Invinity Energy Systems Details
7.5.2 Invinity Energy Systems Major Business
7.5.3 Invinity Energy Systems Vanadium Redox Battery (VRB) Product and Services
7.5.4 Invinity Energy Systems Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Invinity Energy Systems Recent Developments/Updates
7.5.6 Invinity Energy Systems Competitive Strengths & Weaknesses
7.6 Big Pawer
7.6.1 Big Pawer Details
7.6.2 Big Pawer Major Business
7.6.3 Big Pawer Vanadium Redox Battery (VRB) Product and Services
7.6.4 Big Pawer Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Big Pawer Recent Developments/Updates
7.6.6 Big Pawer Competitive Strengths & Weaknesses
7.7 H2, Inc.
7.7.1 H2, Inc. Details
7.7.2 H2, Inc. Major Business
7.7.3 H2, Inc. Vanadium Redox Battery (VRB) Product and Services
7.7.4 H2, Inc. Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 H2, Inc. Recent Developments/Updates
7.7.6 H2, Inc. Competitive Strengths & Weaknesses
7.8 CellCube Energy Storage
7.8.1 CellCube Energy Storage Details
7.8.2 CellCube Energy Storage Major Business
7.8.3 CellCube Energy Storage Vanadium Redox Battery (VRB) Product and Services
7.8.4 CellCube Energy Storage Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 CellCube Energy Storage Recent Developments/Updates
7.8.6 CellCube Energy Storage Competitive Strengths & Weaknesses
7.9 Shanghai Electric
7.9.1 Shanghai Electric Details
7.9.2 Shanghai Electric Major Business
7.9.3 Shanghai Electric Vanadium Redox Battery (VRB) Product and Services
7.9.4 Shanghai Electric Vanadium Redox Battery (VRB) Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Shanghai Electric Recent Developments/Updates
7.9.6 Shanghai Electric Competitive Strengths & Weaknesses
8.1 Vanadium Redox Battery (VRB) Industry Chain
8.2 Vanadium Redox Battery (VRB) Upstream Analysis
8.2.1 Vanadium Redox Battery (VRB) Core Raw Materials
8.2.2 Main Manufacturers of Vanadium Redox Battery (VRB) Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Vanadium Redox Battery (VRB) Production Mode
8.6 Vanadium Redox Battery (VRB) Procurement Model
8.7 Vanadium Redox Battery (VRB) Industry Sales Model and Sales Channels
8.7.1 Vanadium Redox Battery (VRB) Sales Model
8.7.2 Vanadium Redox Battery (VRB) Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Vanadium Redox Battery (VRB) Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Vanadium Redox Battery (VRB) Production Value by Region (2019-2024) & (USD Million)
Table 3. World Vanadium Redox Battery (VRB) Production Value by Region (2025-2030) & (USD Million)
Table 4. World Vanadium Redox Battery (VRB) Production Value Market Share by Region (2019-2024)
Table 5. World Vanadium Redox Battery (VRB) Production Value Market Share by Region (2025-2030)
Table 6. World Vanadium Redox Battery (VRB) Production by Region (2019-2024) & (MW)
Table 7. World Vanadium Redox Battery (VRB) Production by Region (2025-2030) & (MW)
Table 8. World Vanadium Redox Battery (VRB) Production Market Share by Region (2019-2024)
Table 9. World Vanadium Redox Battery (VRB) Production Market Share by Region (2025-2030)
Table 10. World Vanadium Redox Battery (VRB) Average Price by Region (2019-2024) & (USD/KW)
Table 11. World Vanadium Redox Battery (VRB) Average Price by Region (2025-2030) & (USD/KW)
Table 12. Vanadium Redox Battery (VRB) Major Market Trends
Table 13. World Vanadium Redox Battery (VRB) Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (MW)
Table 14. World Vanadium Redox Battery (VRB) Consumption by Region (2019-2024) & (MW)
Table 15. World Vanadium Redox Battery (VRB) Consumption Forecast by Region (2025-2030) & (MW)
Table 16. World Vanadium Redox Battery (VRB) Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Vanadium Redox Battery (VRB) Producers in 2023
Table 18. World Vanadium Redox Battery (VRB) Production by Manufacturer (2019-2024) & (MW)
Table 19. Production Market Share of Key Vanadium Redox Battery (VRB) Producers in 2023
Table 20. World Vanadium Redox Battery (VRB) Average Price by Manufacturer (2019-2024) & (USD/KW)
Table 21. Global Vanadium Redox Battery (VRB) Company Evaluation Quadrant
Table 22. World Vanadium Redox Battery (VRB) Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Vanadium Redox Battery (VRB) Production Site of Key Manufacturer
Table 24. Vanadium Redox Battery (VRB) Market: Company Product Type Footprint
Table 25. Vanadium Redox Battery (VRB) Market: Company Product Application Footprint
Table 26. Vanadium Redox Battery (VRB) Competitive Factors
Table 27. Vanadium Redox Battery (VRB) New Entrant and Capacity Expansion Plans
Table 28. Vanadium Redox Battery (VRB) Mergers & Acquisitions Activity
Table 29. United States VS China Vanadium Redox Battery (VRB) Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Vanadium Redox Battery (VRB) Production Comparison, (2019 & 2023 & 2030) & (MW)
Table 31. United States VS China Vanadium Redox Battery (VRB) Consumption Comparison, (2019 & 2023 & 2030) & (MW)
Table 32. United States Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Vanadium Redox Battery (VRB) Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Vanadium Redox Battery (VRB) Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024) & (MW)
Table 36. United States Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share (2019-2024)
Table 37. China Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Vanadium Redox Battery (VRB) Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Vanadium Redox Battery (VRB) Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024) & (MW)
Table 41. China Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share (2019-2024)
Table 42. Rest of World Based Vanadium Redox Battery (VRB) Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production (2019-2024) & (MW)
Table 46. Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share (2019-2024)
Table 47. World Vanadium Redox Battery (VRB) Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Vanadium Redox Battery (VRB) Production by Type (2019-2024) & (MW)
Table 49. World Vanadium Redox Battery (VRB) Production by Type (2025-2030) & (MW)
Table 50. World Vanadium Redox Battery (VRB) Production Value by Type (2019-2024) & (USD Million)
Table 51. World Vanadium Redox Battery (VRB) Production Value by Type (2025-2030) & (USD Million)
Table 52. World Vanadium Redox Battery (VRB) Average Price by Type (2019-2024) & (USD/KW)
Table 53. World Vanadium Redox Battery (VRB) Average Price by Type (2025-2030) & (USD/KW)
Table 54. World Vanadium Redox Battery (VRB) Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Vanadium Redox Battery (VRB) Production by Application (2019-2024) & (MW)
Table 56. World Vanadium Redox Battery (VRB) Production by Application (2025-2030) & (MW)
Table 57. World Vanadium Redox Battery (VRB) Production Value by Application (2019-2024) & (USD Million)
Table 58. World Vanadium Redox Battery (VRB) Production Value by Application (2025-2030) & (USD Million)
Table 59. World Vanadium Redox Battery (VRB) Average Price by Application (2019-2024) & (USD/KW)
Table 60. World Vanadium Redox Battery (VRB) Average Price by Application (2025-2030) & (USD/KW)
Table 61. Dalian Rongke Power Basic Information, Manufacturing Base and Competitors
Table 62. Dalian Rongke Power Major Business
Table 63. Dalian Rongke Power Vanadium Redox Battery (VRB) Product and Services
Table 64. Dalian Rongke Power Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Dalian Rongke Power Recent Developments/Updates
Table 66. Dalian Rongke Power Competitive Strengths & Weaknesses
Table 67. Sumitomo Electric Basic Information, Manufacturing Base and Competitors
Table 68. Sumitomo Electric Major Business
Table 69. Sumitomo Electric Vanadium Redox Battery (VRB) Product and Services
Table 70. Sumitomo Electric Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Sumitomo Electric Recent Developments/Updates
Table 72. Sumitomo Electric Competitive Strengths & Weaknesses
Table 73. VRB ENERGY Basic Information, Manufacturing Base and Competitors
Table 74. VRB ENERGY Major Business
Table 75. VRB ENERGY Vanadium Redox Battery (VRB) Product and Services
Table 76. VRB ENERGY Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. VRB ENERGY Recent Developments/Updates
Table 78. VRB ENERGY Competitive Strengths & Weaknesses
Table 79. Largo Clean Energy Basic Information, Manufacturing Base and Competitors
Table 80. Largo Clean Energy Major Business
Table 81. Largo Clean Energy Vanadium Redox Battery (VRB) Product and Services
Table 82. Largo Clean Energy Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Largo Clean Energy Recent Developments/Updates
Table 84. Largo Clean Energy Competitive Strengths & Weaknesses
Table 85. Invinity Energy Systems Basic Information, Manufacturing Base and Competitors
Table 86. Invinity Energy Systems Major Business
Table 87. Invinity Energy Systems Vanadium Redox Battery (VRB) Product and Services
Table 88. Invinity Energy Systems Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Invinity Energy Systems Recent Developments/Updates
Table 90. Invinity Energy Systems Competitive Strengths & Weaknesses
Table 91. Big Pawer Basic Information, Manufacturing Base and Competitors
Table 92. Big Pawer Major Business
Table 93. Big Pawer Vanadium Redox Battery (VRB) Product and Services
Table 94. Big Pawer Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Big Pawer Recent Developments/Updates
Table 96. Big Pawer Competitive Strengths & Weaknesses
Table 97. H2, Inc. Basic Information, Manufacturing Base and Competitors
Table 98. H2, Inc. Major Business
Table 99. H2, Inc. Vanadium Redox Battery (VRB) Product and Services
Table 100. H2, Inc. Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. H2, Inc. Recent Developments/Updates
Table 102. H2, Inc. Competitive Strengths & Weaknesses
Table 103. CellCube Energy Storage Basic Information, Manufacturing Base and Competitors
Table 104. CellCube Energy Storage Major Business
Table 105. CellCube Energy Storage Vanadium Redox Battery (VRB) Product and Services
Table 106. CellCube Energy Storage Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. CellCube Energy Storage Recent Developments/Updates
Table 108. Shanghai Electric Basic Information, Manufacturing Base and Competitors
Table 109. Shanghai Electric Major Business
Table 110. Shanghai Electric Vanadium Redox Battery (VRB) Product and Services
Table 111. Shanghai Electric Vanadium Redox Battery (VRB) Production (MW), Price (USD/KW), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 112. Global Key Players of Vanadium Redox Battery (VRB) Upstream (Raw Materials)
Table 113. Vanadium Redox Battery (VRB) Typical Customers
Table 114. Vanadium Redox Battery (VRB) Typical Distributors
List of Figure
Figure 1. Vanadium Redox Battery (VRB) Picture
Figure 2. World Vanadium Redox Battery (VRB) Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Vanadium Redox Battery (VRB) Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Vanadium Redox Battery (VRB) Production (2019-2030) & (MW)
Figure 5. World Vanadium Redox Battery (VRB) Average Price (2019-2030) & (USD/KW)
Figure 6. World Vanadium Redox Battery (VRB) Production Value Market Share by Region (2019-2030)
Figure 7. World Vanadium Redox Battery (VRB) Production Market Share by Region (2019-2030)
Figure 8. North America Vanadium Redox Battery (VRB) Production (2019-2030) & (MW)
Figure 9. Europe Vanadium Redox Battery (VRB) Production (2019-2030) & (MW)
Figure 10. China Vanadium Redox Battery (VRB) Production (2019-2030) & (MW)
Figure 11. Japan Vanadium Redox Battery (VRB) Production (2019-2030) & (MW)
Figure 12. Vanadium Redox Battery (VRB) Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 15. World Vanadium Redox Battery (VRB) Consumption Market Share by Region (2019-2030)
Figure 16. United States Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 17. China Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 18. Europe Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 19. Japan Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 20. South Korea Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 21. ASEAN Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 22. India Vanadium Redox Battery (VRB) Consumption (2019-2030) & (MW)
Figure 23. Producer Shipments of Vanadium Redox Battery (VRB) by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Vanadium Redox Battery (VRB) Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Vanadium Redox Battery (VRB) Markets in 2023
Figure 26. United States VS China: Vanadium Redox Battery (VRB) Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Vanadium Redox Battery (VRB) Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Vanadium Redox Battery (VRB) Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share 2023
Figure 30. China Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Vanadium Redox Battery (VRB) Production Market Share 2023
Figure 32. World Vanadium Redox Battery (VRB) Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Vanadium Redox Battery (VRB) Production Value Market Share by Type in 2023
Figure 34. Carbon Paper Electrode
Figure 35. Graphite Felt Electrode
Figure 36. World Vanadium Redox Battery (VRB) Production Market Share by Type (2019-2030)
Figure 37. World Vanadium Redox Battery (VRB) Production Value Market Share by Type (2019-2030)
Figure 38. World Vanadium Redox Battery (VRB) Average Price by Type (2019-2030) & (USD/KW)
Figure 39. World Vanadium Redox Battery (VRB) Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 40. World Vanadium Redox Battery (VRB) Production Value Market Share by Application in 2023
Figure 41. Utility Facilities
Figure 42. Renewable Energy Integration
Figure 43. Others
Figure 44. World Vanadium Redox Battery (VRB) Production Market Share by Application (2019-2030)
Figure 45. World Vanadium Redox Battery (VRB) Production Value Market Share by Application (2019-2030)
Figure 46. World Vanadium Redox Battery (VRB) Average Price by Application (2019-2030) & (USD/KW)
Figure 47. Vanadium Redox Battery (VRB) Industry Chain
Figure 48. Vanadium Redox Battery (VRB) Procurement Model
Figure 49. Vanadium Redox Battery (VRB) Sales Model
Figure 50. Vanadium Redox Battery (VRB) Sales Channels, Direct Sales, and Distribution
Figure 51. Methodology
Figure 52. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Dalian Rongke Power Sumitomo Electric VRB ENERGY Largo Clean Energy Invinity Energy Systems Big Pawer H2, Inc. CellCube Energy Storage Shanghai Electric
Related Reports
18 Mar 2023
Energy & Power
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