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Pune, Feb. 09, 2021 (GLOBE NEWSWIRE) The high productivity of
iron flow battery is a key factor contributing growth to the global iron flow battery market size, says
Fortune Business Insights, in a report, titled
Iron Flow Battery Market Size, Share and Global Trend by Application (Utility, Microgrid, Off-grid, Industrial), By Capacity (50KW/400KWh, 100KW/400KWh) and Geography Forecast till 2026. The recycling and reuse aspect of iron flow batteries will enable the growth of the market.
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According to the report, the 50KW/400KWh capacity batteries will account for a maximum share during the forecast period owing to the low penetration of the iron flow batteries. Furthermore, the utility segment is expected to witness high growth during the forecast period owing to its increasing applications in the industry. The utility applications include storage of