Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Vanadium Flow Batteries Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate》, which aims to sort out the development status and trends of the Vanadium Flow Batteries industry at home and abroad, estimate the overall market scale of the Vanadium Flow Batteries industry and the market share of major countries, Vanadium Flow Batteries industry, and study and judge the downstream market demand of Vanadium Flow Batteries through systematic research, Analyze the competition pattern of Vanadium Flow Batteries, so as to help solve the pain points of various stakeholders in Vanadium Flow Batteries industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Vanadium Flow Batteries Market by VIC Research Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in Vanadium Flow Batteries Market?
Imergy
Cellennium (Thailand) Company Limited
American Vanadium Corp
Vanadis
Vionx
...
Major Type of Vanadium Flow Batteries Covered in VIC Research report:
VRB
VESS
Others
Application Segments Covered in VIC Research Market
Power Plants
Electrical Grids
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Vanadium Flow Batteries Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 VRB -Product Introduction and Major Company
1.1.2 VESS -Product Introduction and Major Company
1.1.3 Others -Product Introduction and Major Company
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Five-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Sales (2019 & 2023 & 2026)
2.2 Regional Market Share in Terms of Revenue (2019 & 2023 & 2026)
2.3 Regional Market Share in Terms of Consumption (2019 & 2023 & 2026)
3 Global Vanadium Flow Batteries Market Assessment by Type
3.1 Global Vanadium Flow Batteries Sales by Type (2019-2028)
3.2 Global Vanadium Flow Batteries Revenue by Type (2019-2028)
3.3 North America Vanadium Flow Batteries Sales and Revenue by Type (2019-2028)
3.4 Asia Vanadium Flow Batteries Sales and Revenue by Type (2019-2028)
3.5 Europe Vanadium Flow Batteries Sales and Revenue by Type (2019-2028)
3.6 Middle East & Africa Vanadium Flow Batteries Sales and Revenue by Type (2019-2028)
3.7 South America Vanadium Flow Batteries Sales and Revenue by Type (2019-2028)
4 Historical & Forecast Global Vanadium Flow Batteries Market Assessment by Application
4.1 Global Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
4.2 North America Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
4.3 Asia Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
4.4 Europe Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
4.5 Middle East & Africa Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
4.6 South America Vanadium Flow Batteries Consumption and Consumption in Different Application Field (2019-2028)
5 North America
5.1 US Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
5.2 Canada Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
5.3 Mexico Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
6 Asia
6.1 China Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
6.2 Japan Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
6.3 India Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
6.4 Korea Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
6.5 Southeat Asia Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
7 Europe
7.1 Germany Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
7.2 UK Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
7.3 France Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
7.4 Russia Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
7.5 Italy Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
8 Middle East and Africa
8.1 Saudi Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
8.2 UAE Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
8.3 Egypt Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
8.4 Nigeria Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
8.5 South Africa Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
9 South America
9.1 Brazil Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
9.2 Argentina Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
9.3 Colombia Vanadium Flow Batteries Sales, Revenue and Growth Rate (2019-2028)
10 Global Vanadium Flow Batteries Average Price Trend
10.1 Market Price for Each Type of Vanadium Flow Batteries in North America (2019-2028)
10.2 Market Price for Each Type of Vanadium Flow Batteries in Asia (2019-2028)
10.3 Market Price for Each Type of Vanadium Flow Batteries in Europe (2019-2028)
10.4 Market Price for Each Type of Vanadium Flow Batteries in Middle East & Africa (2019-2028)
10.5 Market Price for Each Type of Vanadium Flow Batteries in South America (2019-2028)
11 Value Chain
11.1 Vanadium Flow Batteries Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on Vanadium Flow Batteries Industry
11.2.1 Industrial Policy Issued Under the Epidemic Situation
11.2.2 Post-pandemic Era
11.3 Cost-Under the Epidemic Situation
11.3.1 Cost of Raw Material
11.4 Channel Analysis
11.4.1 Distribution Channel-Under the Epidemic Situation
11.4.2 Distributors
12 Major Players of Global Vanadium Flow Batteries Market, Competitive Analysis
12.1 Imergy
12.1.1 Imergy Company Profiles and Company News
12.1.2 Imergy Product Introduction
12.1.3 Imergy Vanadium Flow Batteries Sales, Revenue (2019-2023)
12.1.4 SWOT Analysis
12.2 Cellennium (Thailand) Company Limited
12.2.1 Cellennium (Thailand) Company Limited Company Profiles and Company News
12.2.2 Cellennium (Thailand) Company Limited Product Introduction
12.2.3 Cellennium (Thailand) Company Limited Vanadium Flow Batteries Sales, Revenue (2019-2023)
12.2.4 SWOT Analysis
12.3 American Vanadium Corp
12.3.1 American Vanadium Corp Company Profiles and Company News
12.3.2 American Vanadium Corp Product Introduction
12.3.3 American Vanadium Corp Vanadium Flow Batteries Sales, Revenue (2019-2023)
12.3.4 SWOT Analysis
12.4 Vanadis
12.4.1 Vanadis Company Profiles and Company News
12.4.2 Vanadis Product Introduction
12.4.3 Vanadis Vanadium Flow Batteries Sales, Revenue (2019-2023)
12.4.4 SWOT Analysis
12.5.1 Vionx Company Profiles and Company News
12.5.2 Vionx Product Introduction
12.5.3 Vionx Vanadium Flow Batteries Sales, Revenue (2019-2023)
12.5.4 SWOT Analysis
13 Global Vanadium Flow Batteries Market, Competitive Landscape and Market Forecast
13.1 Key Companies Dominating the Global Vanadium Flow Batteries Market
13.2 Concentration Ratio (CR5) of Global Vanadium Flow Batteries Market (2019)
13.2.1 Market Share of Top 5 Players in Term of Revenue (2019)
13.3 Concentration Ratio (CR5) of Global Vanadium Flow Batteries Market (2023)
13.3.1 Market Share of Top 5 Players in Term of Revenue (2023)
14 Conclusion
15 Methodology and Data Source
List of Tables and Figures
Figure Product Introduction
Table Sales (K Units) and Revenue (Million USD) of Major Players (2019-2023)
Figure Global Vanadium Flow Batteries Sales Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Sales of Each Type (2019-2028)
Table Regional Market Share in Terms of Sales (2019-2026)
Figure Regional Market Share in Terms of Sales (2019 - 2020)
Table Regional Market Share in Terms of Revenue (2019-2026)
Figure Regional Market Share in Terms of Revenue (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Table Global Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure Global Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure Global Vanadium Flow Batteries Sales Market Share (%) by Type (2019 -2020)
Table Global Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure Global Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Figure Global Vanadium Flow Batteries Revenue Market Share (%) by Type (2019-2020)
Figure North America Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure North America Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure North America Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure North America Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Figure Asia Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure Asia Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure Asia Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure Asia Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Figure Europe Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure Europe Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure Europe Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure Europe Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Figure Middle East & Africa Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure Middle East & Africa Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure Middle East & Africa Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Figure South America Vanadium Flow Batteries Sales (K Unit) by Type (2019-2028)
Figure South America Vanadium Flow Batteries Sales (K Unit) and Growth Rate (2019-2028)
Figure South America Vanadium Flow Batteries Revenue (Million USD) by Type (2019-2028)
Figure South America Vanadium Flow Batteries Revenue (Million USD) and Growth Rate (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2028)
Figure Different Application Field Consumption Market Share (%) (2019-2020)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure North America Vanadium Flow Batteries Consumption (K Unit) and Growth Rate (2019-2028)
Figure North America Vanadium Flow Batteries Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure Asia Vanadium Flow Batteries Consumption (K Unit) and Growth Rate (2019-2028)
Figure Asia Vanadium Flow Batteries Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure Europe Vanadium Flow Batteries Consumption (K Unit) and Growth Rate (2019-2028)
Figure Europe Vanadium Flow Batteries Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure Middle East & Africa Vanadium Flow Batteries Consumption (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Vanadium Flow Batteries Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Figure South America Vanadium Flow Batteries Consumption (K Unit) and Growth Rate (2019-2028)
Figure South America Vanadium Flow Batteries Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Vanadium Flow Batteries Different Application Field Consumption (K Unit)
Table US Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Canada Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Mexico Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table China Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Japan Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table India Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Korea Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Southeast Asia Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Germany Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UK Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table France Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Russia Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Italy Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Saudi Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UAE Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Egypt Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Nigeria Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table South Africa Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Brazil Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Argentina Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Colombia Vanadium Flow Batteries Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in China
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in EU
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in USA
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in Japan
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in India
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in Southeast Asia
Table Market Price (USD/Unit) for Each Type of Vanadium Flow Batteries in South America
Figure Value Chain Structure of Vanadium Flow Batteries
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Vanadium Flow Batteries
Figure Cost Structure of Vanadium Flow Batteries in 2020
Table Distributors/Traders List
Table Imergy Profiles
Table Imergy Vanadium Flow Batteries Product Introduction
Figure Imergy Vanadium Flow Batteries Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Imergy SWOT Analysis
Table Cellennium (Thailand) Company Limited Profiles
Table Cellennium (Thailand) Company Limited Vanadium Flow Batteries Product Introduction
Figure Cellennium (Thailand) Company Limited Vanadium Flow Batteries Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Cellennium (Thailand) Company Limited SWOT Analysis
Table American Vanadium Corp Profiles
Table American Vanadium Corp Vanadium Flow Batteries Product Introduction
Figure American Vanadium Corp Vanadium Flow Batteries Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure American Vanadium Corp SWOT Analysis
Table Vanadis Profiles
Table Vanadis Vanadium Flow Batteries Product Introduction
Figure Vanadis Vanadium Flow Batteries Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Vanadis SWOT Analysis
Table Vionx Profiles
Table Vionx Vanadium Flow Batteries Product Introduction
Figure Vionx Energy and Power Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Vionx SWOT Analysis
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
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