세계의 아연 브롬 배터리 시장 예측(-2030년) : 유형, 구성 요소, 유통 채널, 용량, 용도 및 지역별 분석

According to Stratistics MRC, the Global Zinc-Bromine Battery Market is accounted for $8.9 billion in 2024 and is expected to reach $24.7 billion by 2030 growing at a CAGR of 18.6% during the forecast period. A zinc-bromine battery is a type of rechargeable flow battery that utilizes zinc and bromine as active materials. It operates by dissolving bromine in a liquid electrolyte, allowing for the exchange of ions between two electrolyte solutions. This design enables efficient energy storage and discharge, making it suitable for large-scale applications like grid energy storage. Zinc-bromine batteries are known for their high energy density, long cycle life, and reduced environmental impact compared to traditional battery technologies.

Market Dynamics:

Driver:

Increasing demand for energy storage

The growing demand for energy storage solutions is driving significant interest in the market. As renewable energy sources like solar and wind become more prevalent, the need for efficient, scalable storage systems to balance supply and demand has intensified. Zinc-bromine batteries offer high energy density, long cycle life, and enhanced safety, making them ideal for grid-scale applications. Their ability to store large amounts of energy and deliver it reliably positions them as a key player in the transition to sustainable energy systems.

Restraint:

Material sourcing challenges

The zinc-bromine battery market faces several material sourcing challenges that could impact production and scalability. Securing high-purity zinc and bromine can be difficult due to fluctuating prices and limited supply chains. Additionally, environmental regulations surrounding bromine extraction may hinder availability and increase costsThese challenges can affect the overall cost-efficiency and feasibility of zinc-bromine batteries, potentially slowing their adoption in the energy storage market.

Opportunity:

Technological advancements

Recent technological advancements in the market are enhancing performance and efficiency. Innovations in electrolyte formulations and membrane technologies are improving ion conductivity and reducing degradation, which extends battery life. Advances in system design have also streamlined energy management, allowing for faster charging and discharging cycles. These developments not only boost the viability of zinc-bromine batteries for large-scale energy storage but also contribute to the broader adoption of renewable energy technologies.

Threat:

Competition with established technologies

The market faces stiff competition from established technologies like lithium-ion and lead-acid batteries. While zinc-bromine offers advantages such as longer cycle life and greater scalability, lithium-ion batteries dominate due to their higher energy density and widespread adoption in consumer electronics and electric vehicles. To gain market traction, zinc-bromine technology must emphasize its unique benefits, such as enhanced safety and environmental sustainability, while addressing cost and performance challenges to compete effectively.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the market by disrupting supply chains and manufacturing processes. Lockdowns and restrictions slowed production, leading to delays in project timelines and increased costs. Additionally, reduced investment in renewable energy projects during the initial phases of the pandemic hindered market growth. However, the subsequent shift towards green energy solutions and increased focus on energy resilience have reignited interest in zinc-bromine batteries, positioning them for recovery and potential growth as economies adapt to post-pandemic demands.

The pumping systems segment is projected to be the largest during the forecast period

The pumping systems segment is projected to account for the largest market share during the projection period. These systems facilitate the controlled flow of liquid electrolyte, optimizing energy transfer during charge and discharge cycles. Advances in pump technology, including enhanced efficiency and contribute to improved overall battery performance. As the demand for large-scale energy storage solutions grows, the development of robust pumping systems is essential for maximizing the operational efficiency and longevity of zinc-bromine battery systems.

The industrial segment is expected to have the highest CAGR during the forecast period

The industrial segment is expected to have the highest CAGR during the extrapolated period. Industries such as manufacturing, mining, and renewable energy are increasingly adopting zinc-bromine technology to manage energy supply fluctuations and enhance grid stability. Their long cycle life and sustainability make them particularly attractive for large-scale operations. As businesses strive to meet sustainability goals and reduce energy costs, the demand for efficient energy storage solutions like zinc-bromine batteries is expected to rise.

Region with largest share:

North America region is expected to hold the largest share of the market during the forecast period. With a focus on grid modernization and sustainability, utilities and industrial sectors are adopting zinc-bromine technology for its scalability and efficiency. The region's favorable regulatory environment and incentives for clean energy projects further support market expansion. As organizations seek reliable and eco-friendly energy storage options, zinc-bromine batteries are poised to play a significant role in energy transition.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period. Countries like China, India, and Japan are heavily investing in solar and wind power. Zinc-bromine batteries are well-suited for storing excess energy generated from these intermittent sources, ensuring grid stability. Governments in the region are providing subsidies and incentives to promote the adoption of renewable energy and energy storage technologies, which benefits the market.

Key players in the market

Some of the key players in Zinc-Bromine Battery market include ZBB Energy Corporation, Lockheed Martin Corporation, Toyota Motor Corporation , AquaBattery , Rivian Automotive, Inc., Redflow Limited, Primus Power Corporation, EnerSys, Vionx Energy, Gildemeister Energy Solutions, Covertel Power Pty. Ltd, Sandia National Laboratories and MGX Renewables Inc.

Key Developments:

In May 2024, AquaBattery has closed a €6 million seed investment round. The money will support further development of a low-cost, sustainable energy storage solution based on salt water, which Dr Cen conceived while studying for a PhD in the Department of Chemical Engineering at Imperial.

In March 2024, Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March.

Types Covered:

• Flow Batteries
• Conventional Batteries
• Hybrid Systems
• Other Types

Components Covered:

• Electrolytes
• Electrodes
• Membranes
• Pumping Systems
• Control Systems
• Other Components

Distribution Channels Covered:

• Direct Sales
• Distributors and Wholesalers
• Retail Channels

Capacities Covered:

• Less than 100 kWh
• 100 kWh - 1 MWh
• More than 1 MWh

Applications Covered:

• Grid Energy Storage
• Industrial
• Commercial
• Residential
• Telecommunications
• Transportation
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Zinc-Bromine Battery Market, By Type

• 5.1 Introduction
• 5.2 Flow Batteries
• 5.3 Conventional Batteries
• 5.4 Hybrid Systems
• 5.5 Other Types

6 Global Zinc-Bromine Battery Market, By Component

• 6.1 Introduction
• 6.2 Electrolytes
• 6.3 Electrodes
• 6.4 Membranes
• 6.5 Pumping Systems
• 6.6 Control Systems
• 6.7 Other Components

7 Global Zinc-Bromine Battery Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Direct Sales
• 7.3 Distributors and Wholesalers
• 7.4 Retail Channels

8 Global Zinc-Bromine Battery Market, By Capacity

• 8.1 Introduction
• 8.2 Less than 100 kWh
• 8.3 100 kWh - 1 MWh
• 8.4 More than 1 MWh

9 Global Zinc-Bromine Battery Market, By Application

• 9.1 Introduction
• 9.2 Grid Energy Storage
• 9.3 Industrial
• 9.4 Commercial
• 9.5 Residential
• 9.6 Telecommunications
• 9.7 Transportation
• 9.8 Other Applications

10 Global Zinc-Bromine Battery Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 ZBB Energy Corporation
• 12.2 Lockheed Martin Corporation
• 12.3 Toyota Motor Corporation
• 12.4 AquaBattery
• 12.5 Rivian Automotive, Inc.
• 12.6 Redflow Limited
• 12.7 Primus Power Corporation
• 12.8 EnerSys
• 12.9 Vionx Energy
• 12.10 Gildemeister Energy Solutions
• 12.11 Covertel Power Pty. Ltd
• 12.12 Sandia National Laboratories
• 12.13 MGX Renewables Inc