Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Vanadium Redox Battery (VRB) Market by Type (Flooded, Enhanced Flooded, Lead Acid, Nickel–Metal Hydride (NI-MH), Lithium-ion (Li-ion)), Sales Channel (OEMs, Aftermarket), and Application (Passenger Cars, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10129
Pages: NA
Aug 2021 | 426 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Vanadium Redox Battery (vrb) Market

Request Now !


The vanadium redox battery (VRB) is a rechargeable flow battery that releases vanadium ions in different oxidation states for the storage of chemical potential energy. The battery utilizes the capacity of vanadium ions to exist in a compound in four distinct oxidation states. The battery has just one electro-active element, which is vanadium, instead of two. Currently, vanadium redox flow batteries are mostly used for grid energy storage due to their relatively heavy size. The high capacity of these batteries makes them suitable for storage of energy. In addition, rising electrification and modification, particularly for micro-hybrid and electric vehicles, are leading to the growing inclination toward absorbent glass mat (AGM) battery and enhanced flooded battery (EFB). Moreover, the increasing adoption rate of these batteries in passenger vehicles is expected to drive the vanadium redox battery (VRB) market during the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Sales Channel, and Application

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

East Penn Manufacturing Company, Johnson Controls, EXIDE Technologies, GS Yuasa, BYD Co. Ltd, Robert Bosch GmbH, Saft Groupe SA, EnerSys, Delphi Automotive LLP, and Panasonic Corporation

 

COVID-19 scenario analysis:

  • Many companies have claimed that the disruption in the supply of components from various countries due to the outbreak of COVID-19 is expected to impact their planned production.
  • The ongoing issue of COVID-19 in several countries has affected the supply of many components to companies’ manufacturing facilities.
  • Almost every worker in every company has been affected due to the pandemic as there are jobs and salary cuts by the companies. 
  • Automobile makers especially rely on China and other developed countries near them, for the supply of several raw materials and basic parts. As the supply chain has broken from these countries due to the pandemic, it has majorly affected the market of various economies.
  • The COVID-19 pandemic is one of the first pandemics of its kind that is forcing the automotive industry to re-think its business.
  • The premium segment may revive soon in the market, but it will take a long time to get back on track for the entire market after the lockdown.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

The top impacting factors of the market are regulatory push toward efficient technologies and global measures by OEMs to increase customer's preference toward electric vehicles (EVs). However, the higher cost of electronic power steering (EPS) as compared to traditional steering systems and lack of steering feel are expected to restrain the growth of the market. Furthermore, penetration in commercial vehicles and enabling advanced driver-assistance systems (ADAS) features in EPS are anticipated to create new opportunities for the market growth.

The vanadium redox battery (VRB) market trends are as follows:

Regulatory push toward efficient technologies 

Manufacturing companies are regularly innovating advanced techniques to enhance customer's luxury in their vehicles. Efficient technology is attributed to the boom in vehicle production and sales in developing economies such as China and India. In addition, the safety and security feature has been prioritized as there are increasing accidents. Therefore, companies are adapting to a better safety system, which is expected to further propel the second-life electric vehicle battery market growth over the forecast period.

Global measures by OEMs to increase customer's preference for electric vehicles (EVs)

Automobile manufacturers are incorporating several systems in vehicles to attract the attention of more customers by advancing their design or implementing new strategies for the vehicles. Advanced features are no longer restricted to premium vehicles. They are further developed to regular running vehicles as well. Consumers are now more concerned about the afterlife, reselling of the vehicle, and technological advancement. Therefore, they are more interested in opting for vehicles that are equipped with better resources and are expected to propel the second-life electric vehicle battery market growth over the forecast period.

Key segments covered:               

Segments

Sub-segments

  Type

  • Flooded
  • Enhanced Flooded
  • Lead Acid
  • Nickel–Metal Hydride (NI-MH)
  • Lithium-ion (Li-ion)

  Sales Channel

  • OEMs
  • Aftermarket

  Application

  • Passenger Cars
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

 

Key benefits of the report:

  • This study presents the analytical depiction of the vanadium redox battery (VRB) market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the vanadium redox battery (VRB) market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the vanadium redox battery (VRB) market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed vanadium redox battery (VRB) market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Vanadium Redox Battery (VRB) Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers