Product Code: ETC4466605 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Flow batteries offer unique advantages for grid-scale energy storage, and their adoption is growing in India. These batteries provide flexibility and scalability in storing energy generated from intermittent sources, such as solar and wind. The market is driven by the need to enhance grid stability and ensure a reliable energy supply in a country that is progressively embracing renewable energy.
Flow batteries are considered a viable solution for large-scale energy storage applications. The market is driven by the need for grid stability, renewable energy integration, and the growth of microgrids. Government initiatives promoting energy storage and renewable energy projects are key factors supporting the expansion of the flow battery market.
The flow battery market in India faces challenges in terms of scalability and cost-effectiveness. Research and development efforts are required to improve flow battery energy density and performance. Regulatory hurdles and standardization efforts for flow batteries must be addressed. Additionally, ensuring the safe handling of flow battery electrolytes and the environmental impact of these chemicals is crucial.
The flow battery market in India, while not immune to the effects of the pandemic, is expected to grow as the need for large-scale energy storage solutions continues to rise. The pandemic temporarily impacted supply chains and projects but didn`t dampen the long-term prospects.
Key players in the India Flow Battery Market include Redflow, ESS Inc., UniEnergy Technologies, and Invinity Energy Systems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Flow Battery Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Flow Battery Market Revenues & Volume, 2021 & 2031F |
3.3 India Flow Battery Market - Industry Life Cycle |
3.4 India Flow Battery Market - Porter's Five Forces |
3.5 India Flow Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Flow Battery Market Revenues & Volume Share, By Storage , 2021 & 2031F |
3.7 India Flow Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Flow Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in India |
4.2.2 Government initiatives and policies promoting energy storage solutions |
4.2.3 Growing investments in grid infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with flow battery technology |
4.3.2 Limited awareness and understanding of flow batteries among end-users |
4.3.3 Lack of standardized regulations and policies for flow battery deployment |
5 India Flow Battery Market Trends |
6 India Flow Battery Market, By Types |
6.1 India Flow Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Flow Battery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Flow Battery Market Revenues & Volume, By Vanadium Redox Flow Battery, 2021-2031F |
6.1.4 India Flow Battery Market Revenues & Volume, By Zinc Bromine Flow Battery, 2021-2031F |
6.1.5 India Flow Battery Market Revenues & Volume, By Iron Flow Battery, 2021-2031F |
6.1.6 India Flow Battery Market Revenues & Volume, By Zinc Iron Flow Battery, 2021-2031F |
6.2 India Flow Battery Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 India Flow Battery Market Revenues & Volume, By Compact , 2021-2031F |
6.2.3 India Flow Battery Market Revenues & Volume, By Large scale, 2021-2031F |
6.3 India Flow Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Flow Battery Market Revenues & Volume, By Utilities, 2021-2031F |
6.3.3 India Flow Battery Market Revenues & Volume, By Commercial & Industrial, 2021-2031F |
6.3.4 India Flow Battery Market Revenues & Volume, By EV Charging Station, 2021-2031F |
7 India Flow Battery Market Import-Export Trade Statistics |
7.1 India Flow Battery Market Export to Major Countries |
7.2 India Flow Battery Market Imports from Major Countries |
8 India Flow Battery Market Key Performance Indicators |
8.1 Average project size of flow battery installations in India |
8.2 Number of research and development collaborations in the flow battery sector |
8.3 Adoption rate of flow battery technology in key industries |
9 India Flow Battery Market - Opportunity Assessment |
9.1 India Flow Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Flow Battery Market Opportunity Assessment, By Storage , 2021 & 2031F |
9.3 India Flow Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Flow Battery Market - Competitive Landscape |
10.1 India Flow Battery Market Revenue Share, By Companies, 2024 |
10.2 India Flow Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |