Iron Flow Battery Market: Emerging Trends and Market Opportunities

The global flow battery market size is expected to grow from USD 289 million in 2023 to USD 805 million by 2028, at a CAGR of 22.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. The rising investments in renewable energy and the growing adoption of flow batteries in utilities sector is driving the growth of flow battery market. Utilities, commercial & industrial, EV charging stations, residential, and telecommunications are some of the potential applications of flow batteries.