Report Scope:
The scope of this report will cover all the large zinc-bromine batteries and compact zinc bromine batteries actively being consumed in various applications. A separate section titled "Key Market Indicators" includes detailed descriptions of the recent trends in the zinc-bromine battery market.
The report includes a separate section highlighting the impact of COVID-19 on the zinc-bromine battery market at the global level. The section will include the COVID-19 impact on supply and demand of zinc-bromine batteries, price impact and various strategic decisions taken by governments to boost the market.
The market size and estimations are provided in terms of volume (KWh) and value ($ millions), using 2020 as base year. The market forecast will be given from 2021 to 2026. Market sizes at the regional and country levels are also covered. The impact of COVID-19 was also considered when deriving the market estimations. For companies reporting their revenue in U.S. dollars, the revenues are taken from their annual reports. For companies reporting their revenue in other currencies, the average annual currency conversion rate is used for the particular year to convert the revenue into U.S. dollars.
In terms of storage, the zinc-bromine battery market is segmented into -
- Large.
- Compact.
In terms of application, the zinc-bromine market is segmented into
- Utilities.
- Commercial and industrial.
- Residential.
- Electric vehicle charging grid.
- Military.
- Others (e.g., telecommunication, marine).
Report Includes:
- 81 data tables and 16 additional tables
- An overview of the global markets for zinc-bromine batteries
- Estimation of the market size and analyses of global market trends both in terms of volume (kWh) and value ($ Million), with data from 2020, estimates for 2021 with projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the market potential for zinc-bromine batteries based on storage, application and region
- Coverage of brief history, general battery characteristics, utility-scale electricity storage and technology comparison of battery energy storage systems, and description of advantages and function of hybrid redox flow battery
- Insights into environmental regulations, value chain analysis and recent advancements in the renewable energy sector
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies
- Comprehensive company profiles of the leading players, including Premium Power Ltd., Primus Power, Axion Power International Inc., Bosch Group and Dynapower Energy Management
Summary:
The global zinc-bromine battery market is consolidated, and manufacturers are focusing on expansion and acquisition activities to gain their competitive edges and to satisfy the increased demand. Many key players are focusing on significant investments in research and development (R&D) to introduce new compounding technologies that can increase product efficiency.
The zinc-bromine battery market is segmented into two primary segments -
- Storage.
- Application.
Based on storage, the global zinc-bromine battery market is segmented into large-scale zinc-bromine batteries and compact zinc-bromine batteries. In 2020, the large-scale segment held a greater share of the global zinc bromine battery market, and it is anticipated to follow the same trend throughout the forecast period. Large-scale zinc-bromine batteries are often used in power utility applications in various end-user sectors. Thus, the global popularity of large-scale zinc bromine batteries is increasing on a daily basis. The compact zinc-bromine battery segment is projected to grow at a healthy compound annual growth rate (CAGR) during the forecast period due to the increasing number of compact zinc-bromine battery applications. Compact zinc-bromine batteries are used in electronic devices and electric vehicles, as well as in residential applications.
Large global sites are currently using bromine flow batteries to balance energy deficiency. The U.S. Department of Defense uses zinc-bromine batteries for its military microgrid at the Marine Corps Air Station in Miramar, Calif. Primus Power's bromine-based technology was chosen for its extended duration, reliability and low cost, and it has helped to improve energy security, promote energy efficiency and reduce reliance on fossil fuels.
Based on application, the global zinc-bromine battery market is segmented into utilities, commercial and industrial, residential, electric vehicle charging grid, military and others (e.g., telecommunication, marine). In 2020, the utilities segment dominated the global zinc-bromine battery market. In this segment, zinc-bromine flow batteries are used in special power utility applications to support huge infrastructures. The global commercial and industrial sector is growing due to the advancement in the technology and continuous expenditure and investments by different government bodies in the research and development sector. This is expected to have a positive impact on the commercial and industrial application segment. The electric vehicle application segment is also anticipated to grow at a rapid rate during the forecast period due to the increased global adoption of electric vehicles to curb air pollution.
Zinc-Bromine Batteries: Global Market to 2026
Table of Contents
Chapter 1 Introduction
Market Definition
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Intended Audience
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Technology Background
Batteries
General Description
Brief History of Battery Technology
General Battery Characteristics
Voltage
Capacity
Shelf Life
Drain
Safety
Utility-Scale Electricity Storage
Overall Challenges
Flow Batteries
Battery Energy Storage: Technology Comparison
Chapter 4 Market Overview
Introduction
Market Indicators
Rise in the Global Building and Construction Sector
Lack of Research and Development Activities
Market Dynamics
Drivers
Changing National Policies
Restraints
Chapter 5 Strategic Management Insight
Value Chain Analysis
Porter's Five Forces Analysis
Threats from New Entrants
Degree of Competition
Threats from Substitutes
Bargaining Power of Suppliers
Bargaining Power of Buyers
COVID Impact
Impact on Demand
Impact on Supply
Price Impact
Conclusion
Chapter 6 Market for Zinc-Bromine Batteries by Storage
Overview
Chapter 7 Market for Zinc-Bromine Batteries by Application
Overview
Utility
Commercial and Industrial
Residential
Chapter 8 Market for Zinc-Bromine Batteries by Region
Overview
North America
U.S.
Canada
Europe
Germany
France
U.K.
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Latin America, Middle East and Africa
Chapter 9 Competitive Landscape
Competitive Landscape: Global
Chapter 10 Company Profiles
COVERTEL POWER
DE NORA INDIA LTD.
PREMIUM POWER LTD.
PRIMUS POWER
REDFLOW LTD.
SANDIA NATIONAL LABORATORIES
Related Components Manufacturers
ALEVO US
AXION POWER INTERNATIONAL INC.
BOSCH GROUP
DYNAPOWER ENERGY MANAGEMENT
Chapter 11 Appendix: Abbreviations and Acronyms
Appendix
List of Tables
Summary Table : Global Market for Zinc-Bromine Batteries, by Region, Through 2026
Table 1 : Zinc-Bromine Battery Cost, by Size and Application, 2010
Table 2 : Advantages and Disadvantages: Zinc-Bromine Flow Batteries
Table 3 : Large-Scale Energy Storage Technologies
Table 4 : Global Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 5 : Global Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 6 : Global Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 7 : Global Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 8 : Global Market Volumes of Zinc-Bromine Batteries, by Region, Through 2026
Table 9 : Global Market for Zinc-Bromine Batteries, by Region, Through 2026
Table 10 : Existing and Planned U.S. Energy Storage Technologies, by Capacity, 2019
Table 11 : U.S. Energy Storage Technologies, by Capacity, 2019
Table 12 : Major North American Grid-Scale Electricity Storage Component Manufacturers and Engineers
Table 13 : North American Market Volumes of Zinc-Bromine Batteries, by Country, Through 2026
Table 14 : North American Market for Zinc-Bromine Batteries, by Country, Through 2026
Table 15 : North American Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 16 : North American Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 17 : North American Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 18 : North American Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 19 : U.S. Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 20 : U.S. Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 21 : U.S. Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 22 : U.S. Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 23 : Canadian Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 24 : Canadian Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 25 : Canadian Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 26 : Canadian Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 27 : European Market Volumes of Zinc-Bromine Batteries, by Country, Through 2026
Table 28 : European Market for Zinc-Bromine Batteries, by Country, Through 2026
Table 29 : European Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 30 : European Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 31 : European Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 32 : European Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 33 : German Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 34 : German Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 35 : German Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 36 : German Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 37 : French Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 38 : French Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 39 : French Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 40 : French Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 41 : U.K. Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 42 : U.K. Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 43 : U.K. Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 44 : U.K. Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 45 : Spanish Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 46 : Spanish Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 47 : Spanish Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 48 : Spanish Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 49 : Rest of European Market Volumes of Zinc-Bromine Batteries, by Storage, Through 2026
Table 50 : Rest of European Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 51 : Rest of European Market Volumes of Zinc-Bromine Batteries, by Application, Through 2026
Table 52 : Rest of European Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 53 : Asia-Pacific Market Volume of Zinc-Bromine Batteries, by Country, Through 2026
Table 54 : Asia-Pacific Market for Zinc-Bromine Batteries, by Country, Through 2026
Table 55 : Asia-Pacific Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 56 : Asia-Pacific Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 57 : Asia-Pacific Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 58 : Asia-Pacific Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 59 : Chinese Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 60 : Chinese Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 61 : Chinese Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 62 : Chinese Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 63 : Japanese Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 64 : Japanese Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 65 : Japanese Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 66 : Japanese Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 67 : Indian Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 68 : Indian Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 69 : Indian Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 70 : Indian Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 71 : Australian Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 72 : Australian Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 73 : Australian Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 74 : Australian Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 75 : South Korean Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 76 : South Korean Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 77 : South Korean Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 78 : South Korean Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 79 : Rest of Asia-Pacific Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 80 : Rest of Asia-Pacific Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 81 : Rest of Asia-Pacific Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 82 : Rest of Asia-Pacific Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 83 : Latin American, Middle Eastern and African Market Volume of Zinc-Bromine Batteries, by Storage, Through 2026
Table 84 : Latin American, Middle Eastern and African Market for Zinc-Bromine Batteries, by Storage, Through 2026
Table 85 : Latin American, Middle Eastern and African Market Volume of Zinc-Bromine Batteries, by Application, Through 2026
Table 86 : Latin American, Middle Eastern and African Market for Zinc-Bromine Batteries, by Application, Through 2026
Table 87 : CoverTel Power: Company Overview, 2020
Table 88 : De Nora India Ltd.: Company Overview, 2020
Table 89 : Premium Power Ltd: Company Overview
Table 90 : Primus Power: Company Overview
Table 91 : Primus Power: Product Portfolio
Table 92 : Redflow Ltd.: Company Overview
Table 93 : Redflow Ltd.: Recent Developments, 2021
Table 94 : Sandia National Laboratories: Company Overview
Table 95 : Other Players in the Market for Zinc-Bromine Batteries
Table 96 : Abbreviations and Acronyms Used in Market for Zinc-Bromine Batteries
List of Figures
Summary Figure : Global Market for Zinc-Bromine Batteries, by Region, 2020-2026
Figure 1 : Flow Battery System
Figure 2 : Flow Battery Cell Construction
Figure 3 : Zinc-Bromine Battery Composition
Figure 4 : U.S. Spending on Constructional Activities, February 2021-April 2021
Figure 5 : Average Annual Net Renewable Capacity Additions, 2011-2022
Figure 6 : Total Installed Power Capacity, by Energy Source, 2019 and 2050
Figure 7 : Global Electric Vehicle Stock, by Country/Region, 2012-2020
Figure 8 : Zinc-Bromine Battery Value Chain
Figure 9 : Porter's Five Forces Analysis
Figure 10 : Global Market for Zinc-Bromine Batteries, by Storage, 2020-2026
Figure 11 : Global Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 12 : Global Market for Zinc-Bromine Batteries, by Application, 2020-2026
Figure 13 : Global Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 14 : Global Market for Zinc-Bromine Batteries, by Region, 2020-2026
Figure 15 : Global Market Shares of Zinc-Bromine Batteries, by Region, 2020
Figure 16 : North American Market for Zinc-Bromine Batteries, by Country, 2020-2026
Figure 17 : North American Market Shares of Zinc-Bromine Batteries, by Country, 2020
Figure 18 : North American Market for Zinc-Bromine Batteries, by Storage, 2020-2026
Figure 19 : North American Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 20 : North American Market for Zinc-Bromine Batteries, by Application, 2020-2026
Figure 21 : North American Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 22 : U.S. Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 23 : U.S. Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 24 : Canadian Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 25 : Canadian Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 26 : European Market for Zinc-Bromine Batteries, by Country, 2020-2026
Figure 27 : European Market Shares of Zinc-Bromine Batteries, by Country, 2020
Figure 28 : European Market for Zinc-Bromine Batteries, by Storage, 2020-2026
Figure 29 : European Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 30 : European Market for Zinc-Bromine Batteries, by Application, 2020-2026
Figure 31 : European Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 32 : German Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 33 : German Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 34 : French Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 35 : French Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 36 : U.K. Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 37 : U.K. Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 38 : Spanish Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 39 : Spanish Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 40 : Rest of European Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 41 : Rest of European Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 42 : Asia-Pacific for Market for Zinc-Bromine Batteries, by Country, 2020-2026
Figure 43 : Asia-Pacific Market Shares of Zinc-Bromine Batteries, by Country, 2020
Figure 44 : Asia-Pacific Market for Zinc-Bromine Batteries, by Storage, 2020-2026
Figure 45 : Asia-Pacific Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 46 : Asia-Pacific Market for Zinc-Bromine Batteries, by Application, 2020-2026
Figure 47 : Asia-Pacific Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 48 : Chinese Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 49 : Chinese Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 50 : Japanese Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 51 : Japanese Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 52 : Indian Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 53 : Indian Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 54 : Australian Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 55 : Australian Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 56 : South Korean Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 57 : South Korean Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 58 : Rest of Asia-Pacific Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 59 : Rest of Asia-Pacific Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 60 : Latin American, Middle Eastern and African Market for Zinc-Bromine Batteries, by Storage, 2020-2026
Figure 61 : Latin American, Middle Eastern and African Market Shares of Zinc-Bromine Batteries, by Storage, 2020
Figure 62 : Latin American, Middle Eastern and African Market for Zinc-Bromine Batteries, by Application, 2020-2026
Figure 63 : Latin American, Middle Eastern and African Market Shares of Zinc-Bromine Batteries, by Application, 2020
Figure 64 : Global Competitive Market Shares of Zinc-Bromine Batteries, by Company, 2020
Figure 65 : Redflow Ltd.: Company Revenue, 2019 and 2020
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