Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global VANADIUM REDOX FLOW BATTERY (VRB) market in this environment.
In terms of revenue, this research report indicated that the global VANADIUM REDOX FLOW BATTERY (VRB) market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of VANADIUM REDOX FLOW BATTERY (VRB) industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Sumitomo Electric Industries aims at producing XX VANADIUM REDOX FLOW BATTERY (VRB) in 2020, with XX % production to take place in global market, Rongke Power accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of VANADIUM REDOX FLOW BATTERY (VRB) Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in VANADIUM REDOX FLOW BATTERY (VRB) Market?
Sumitomo Electric Industries
Rongke Power
UniEnergy Technologies
redT Energy
Vionx Energy
Big Pawer
Australian Vanadium
Golden Energy Fuel Cell
H2, Inc.
...
Major Type of VANADIUM REDOX FLOW BATTERY (VRB) Covered in XYZResearch report:
Carbon Paper Electrode
Graphite Felt Electrode
Application Segments Covered in XYZResearch Market
Large-Scale Energy Storage
Uninterruptible Power Supply
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global VANADIUM REDOX FLOW BATTERY (VRB) Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Carbon Paper Electrode -Product Introduction and Major Manufacturers
1.1.2 Graphite Felt Electrode -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global VANADIUM REDOX FLOW BATTERY (VRB) Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China VANADIUM REDOX FLOW BATTERY (VRB) Market
3.1.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU VANADIUM REDOX FLOW BATTERY (VRB) Market
3.2.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA VANADIUM REDOX FLOW BATTERY (VRB) Market
3.3.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan VANADIUM REDOX FLOW BATTERY (VRB) Market
3.4.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India VANADIUM REDOX FLOW BATTERY (VRB) Market
3.5.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia VANADIUM REDOX FLOW BATTERY (VRB) Market
3.6.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America VANADIUM REDOX FLOW BATTERY (VRB) Market
3.7.1 Top Companies leading VANADIUM REDOX FLOW BATTERY (VRB) Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America VANADIUM REDOX FLOW BATTERY (VRB) Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 VANADIUM REDOX FLOW BATTERY (VRB) Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on VANADIUM REDOX FLOW BATTERY (VRB) Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global VANADIUM REDOX FLOW BATTERY (VRB) Sales and Growth Rate (2021-2026)
5.2 Global VANADIUM REDOX FLOW BATTERY (VRB) Sales Value and Growth Rate (2021-2026)
6 VANADIUM REDOX FLOW BATTERY (VRB) Competitive Analysis
6.1 Sumitomo Electric Industries
6.1.1 Sumitomo Electric Industries Company Profiles
6.1.2 Sumitomo Electric Industries Product Introduction
6.1.3 Sumitomo Electric Industries VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Rongke Power
6.2.1 Rongke Power Company Profiles
6.2.2 Rongke Power Product Introduction
6.2.3 Rongke Power VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 UniEnergy Technologies
6.3.1 UniEnergy Technologies Company Profiles
6.3.2 UniEnergy Technologies Product Introduction
6.3.3 UniEnergy Technologies VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 redT Energy
6.4.1 redT Energy Company Profiles
6.4.2 redT Energy Product Introduction
6.4.3 redT Energy VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Vionx Energy
6.5.1 Vionx Energy Company Profiles
6.5.2 Vionx Energy Product Introduction
6.5.3 Vionx Energy VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Big Pawer
6.6.1 Big Pawer Company Profiles
6.6.2 Big Pawer Product Introduction
6.6.3 Big Pawer VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Australian Vanadium
6.7.1 Australian Vanadium Company Profiles
6.7.2 Australian Vanadium Product Introduction
6.7.3 Australian Vanadium VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Golden Energy Fuel Cell
6.8.1 Golden Energy Fuel Cell Company Profiles
6.8.2 Golden Energy Fuel Cell Product Introduction
6.8.3 Golden Energy Fuel Cell VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 H2, Inc.
6.9.1 H2, Inc. Company Profiles
6.9.2 H2, Inc. Product Introduction
6.9.3 H2, Inc. VANADIUM REDOX FLOW BATTERY (VRB) Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
7 Conclusion
Price : US$ 3500 |
Date : Oct 2024 |
Category : Services |
Pages : 160 |