Table of Contents 1 Market Overview 1.1 Vanadium Redox Battery (VRB) Introduction 1.2 Market Analysis by Type 1.2.1 Carbon Paper Electrode 1.2.2 Graphite Felt Electrode 1.3 Market Analysis by Applications 1.3.1 Large-Scale Energy Storage 1.3.2 Uninterruptible Power Supply 1.3.3 Others 1.4 Market Analysis by States 1.4.1 California Status and Prospect (2013-2023) 1.4.2 Texas Status and Prospect (2013-2023) 1.4.3 New York Status and Prospect (2013-2023) 1.4.4 Florida Status and Prospect (2013-2023) 1.4.5 Illinois Status and Prospect (2013-2023) 1.5 Market Dynamics 1.5.1 Market Opportunities 1.5.2 Market Risk 1.5.3 Market Driving Force 2 Manufacturers Profiles 2.1 Sumitomo Electric Industries 2.1.1 Business Overview 2.1.2 Vanadium Redox Battery (VRB) Type and Applications 2.1.2.1 Type 1 2.1.2.2 Type 2 2.1.3 Sumitomo Electric Industries Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.2 Rongke Power 2.2.1 Business Overview 2.2.2 Vanadium Redox Battery (VRB) Type and Applications 2.2.2.1 Type 1 2.2.2.2 Type 2 2.2.3 Rongke Power Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.3 UniEnergy Technologies 2.3.1 Business Overview 2.3.2 Vanadium Redox Battery (VRB) Type and Applications 2.3.2.1 Type 1 2.3.2.2 Type 2 2.3.3 UniEnergy Technologies Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.4 redT Energy 2.4.1 Business Overview 2.4.2 Vanadium Redox Battery (VRB) Type and Applications 2.4.2.1 Type 1 2.4.2.2 Type 2 2.4.3 redT Energy Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.5 Vionx Energy 2.5.1 Business Overview 2.5.2 Vanadium Redox Battery (VRB) Type and Applications 2.5.2.1 Type 1 2.5.2.2 Type 2 2.5.3 Vionx Energy Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.6 Big Pawer 2.6.1 Business Overview 2.6.2 Vanadium Redox Battery (VRB) Type and Applications 2.6.2.1 Type 1 2.6.2.2 Type 2 2.6.3 Big Pawer Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.7 Australian Vanadium 2.7.1 Business Overview 2.7.2 Vanadium Redox Battery (VRB) Type and Applications 2.7.2.1 Type 1 2.7.2.2 Type 2 2.7.3 Australian Vanadium Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.8 Golden Energy Fuel Cell 2.8.1 Business Overview 2.8.2 Vanadium Redox Battery (VRB) Type and Applications 2.8.2.1 Type 1 2.8.2.2 Type 2 2.8.3 Golden Energy Fuel Cell Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.9 H2, Inc. 2.9.1 Business Overview 2.9.2 Vanadium Redox Battery (VRB) Type and Applications 2.9.2.1 Type 1 2.9.2.2 Type 2 2.9.3 H2, Inc. Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 3 United States Vanadium Redox Battery (VRB) Market Competition, by Manufacturer 3.1 United States Vanadium Redox Battery (VRB) Sales and Market Share by Manufacturer (2016-2017) 3.1.1 United States Vanadium Redox Battery (VRB) Sales by Manufacturer (2016-2017) 3.1.2 United States Vanadium Redox Battery (VRB) Sales Market Share by Manufacturer (2016-2017) 3.2 United States Vanadium Redox Battery (VRB) Revenue and Market Share by Manufacturer (2016-2017) 3.2.1 United States Vanadium Redox Battery (VRB) Revenue by Manufacturer (2016-2017) 3.2.2 United States Vanadium Redox Battery (VRB) Revenue Market Share by Manufacturer (2016-2017) 3.3 United States Vanadium Redox Battery (VRB) Price by Manufacturers (2016-2017) 3.4 Market Concentration Rate 3.4.1 Top 3 Vanadium Redox Battery (VRB) Manufacturer Market Share (2016-2017) 3.4.2 Top 5 Vanadium Redox Battery (VRB) Manufacturer Market Share (2016-2017) 3.5 Market Competition Trend 4 United States Vanadium Redox Battery (VRB) Market Analysis by States 4.1 United States Vanadium Redox Battery (VRB) Sales Market Share by States (2013-2018) 4.2 United States Vanadium Redox Battery (VRB) Sales and Market Share by States (2013-2018) 4.2.1 United States Vanadium Redox Battery (VRB) Sales by States (2013-2018) 4.2.2 United States Vanadium Redox Battery (VRB) Sales Market Share by States (2013-2018) 4.3 United States Vanadium Redox Battery (VRB) Revenue (Value) and Market Share by States (2013-2018) 4.3.1 United States Vanadium Redox Battery (VRB) Revenue by States (2013-2018) 4.3.2 United States Vanadium Redox Battery (VRB) Revenue Market Share by States (2013-2018) 5 United States Market Segmentation Vanadium Redox Battery (VRB) by Type 5.1 United States Vanadium Redox Battery (VRB) Sales, Revenue and Market Share by Type (2013-2018) 5.1.1 United States Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 5.1.2 United States Vanadium Redox Battery (VRB) Revenue and Market Share by Type (2013-2018) 5.2 Type 1 Sales Growth Rate and Price 5.2 Carbon Paper Electrode Sales Growth and Price 5.2.1 United States Carbon Paper Electrode Sales Growth (2012-2017) 5.2.2 United States Carbon Paper Electrode Price (2012-2017) 5.3 Graphite Felt Electrode Sales Growth and Price 5.3.1 United States Graphite Felt Electrode Sales Growth (2012-2017) 5.3.2 United States Graphite Felt Electrode Price (2012-2017) 6 United States Market Segmentation Vanadium Redox Battery (VRB) by Application 6.1 United States Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 6.2 Large-Scale Energy Storage Sales Growth (2012-2017) 6.3 Uninterruptible Power Supply Sales Growth (2012-2017) 6.4 Others Sales Growth (2012-2017) 7 California Vanadium Redox Battery (VRB) Sales, Revenue, by Type, Application and Manufacturers 7.1 California Vanadium Redox Battery (VRB) Revenue, Sales and Growth Rate (2013-2018) 7.2 California Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 7.2.1 California Vanadium Redox Battery (VRB) Sales by Type (2013-2018) 7.2.2 California Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) 7.3 California Vanadium Redox Battery (VRB) Sales and Market Share by Application (2013-2018) 7.3.1 California Vanadium Redox Battery (VRB) Sales by Application (2013-2018) 7.3.2 California Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 8 New York Vanadium Redox Battery (VRB) Sales, Revenue, by Type, Application and Manufacturers 8.1 New York Vanadium Redox Battery (VRB) Revenue, Sales and Growth Rate (2013-2018) 8.2 New York Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 8.2.1 New York Vanadium Redox Battery (VRB) Sales by Type (2013-2018) 8.2.2 New York Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) 8.3 New York Vanadium Redox Battery (VRB) Sales and Market Share by Application (2013-2018) 8.3.1 New York Vanadium Redox Battery (VRB) Sales by Application (2013-2018) 8.3.2 New York Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 9 Texas Vanadium Redox Battery (VRB) Sales, Revenue, by Type, Application and Manufacturers 9.1 Texas Vanadium Redox Battery (VRB) Revenue, Sales and Growth Rate (2013-2018) 9.2 Texas Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 9.2.1 Texas Vanadium Redox Battery (VRB) Sales by Type (2013-2018) 9.2.2 Texas Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) 9.3 Texas Vanadium Redox Battery (VRB) Sales and Market Share by Application (2013-2018) 9.3.1 Texas Vanadium Redox Battery (VRB) Sales by Application (2013-2018) 9.3.2 Texas Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 10 Florida Vanadium Redox Battery (VRB) Sales, Revenue, by Type, Application and Manufacturers 10.1 Florida Vanadium Redox Battery (VRB) Revenue, Sales and Growth Rate (2013-2018) 10.2 Florida Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 10.2.1 Florida Vanadium Redox Battery (VRB) Sales by Type (2013-2018) 10.2.2 Florida Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) 10.3 Florida Vanadium Redox Battery (VRB) Sales and Market Share by Application (2013-2018) 10.3.1 Florida Vanadium Redox Battery (VRB) Sales by Application (2013-2018) 10.3.2 Florida Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 11 Illinois Vanadium Redox Battery (VRB) Sales, Revenue, by Type, Application and Manufacturers 11.1 Illinois Vanadium Redox Battery (VRB) Revenue, Sales and Growth Rate (2013-2018) 11.2 Illinois Vanadium Redox Battery (VRB) Sales and Market Share by Type (2013-2018) 11.2.1 Illinois Vanadium Redox Battery (VRB) Sales by Type (2013-2018) 11.2.2 Illinois Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) 11.3 Illinois Vanadium Redox Battery (VRB) Sales and Market Share by Application (2013-2018) 11.3.1 Illinois Vanadium Redox Battery (VRB) Sales by Application (2013-2018) 11.3.2 Illinois Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) 12 Vanadium Redox Battery (VRB) Market Forecast (2018-2023) 12.1 United States Vanadium Redox Battery (VRB) Sales, Revenue and Growth Rate (2018-2023) 12.2 Vanadium Redox Battery (VRB) Market Forecast by States (2018-2023) 12.2.1 United States Vanadium Redox Battery (VRB) Sales Forecast by States (2018-2023) 12.2.2 United States Vanadium Redox Battery (VRB) Market Share Forecast by States (2018-2023) 12.3 Vanadium Redox Battery (VRB) Market Forecast by Type (2018-2023) 12.3.1 United States Vanadium Redox Battery (VRB) Sales Forecast by Type (2018-2023) 12.3.2 United States Vanadium Redox Battery (VRB) Market Share Forecast by Type (2018-2023) 12.4 Vanadium Redox Battery (VRB) Market Forecast by Application (2018-2023) 12.4.1 United States Vanadium Redox Battery (VRB) Sales Forecast by Application (2018-2023) 12.4.2 United States Vanadium Redox Battery (VRB) Market Share Forecast by Application (2018-2023) 13 Vanadium Redox Battery (VRB) Manufacturing Cost Analysis 13.1 Vanadium Redox Battery (VRB) Key Raw Materials Analysis 13.1.1 Key Raw Materials 13.1.2 Price Trend of Key Raw Materials 13.1.3 Key Suppliers of Raw Materials 13.1.4 Market Concentration Rate of Raw Materials 13.2 Proportion of Manufacturing Cost Structure 13.2.1 Raw Materials 13.2.2 Labor Cost 13.2.3 Manufacturing Expenses 13.3 Manufacturing Process Analysis of Vanadium Redox Battery (VRB) 14 Industrial Chain, Sourcing Strategy and Downstream Buyers 14.1 Vanadium Redox Battery (VRB) Industrial Chain Analysis 14.2 Upstream Raw Materials Sourcing 14.3 Raw Materials Sources of Vanadium Redox Battery (VRB) Major Manufacturers in 2017 14.4 Downstream Buyers 15 Sales Channel, Distributors, Traders and Dealers 15.1 Sales Channel 15.1.1 Direct Marketing 15.1.2 Indirect Marketing 15.1.3 Marketing Channel Future Trend 15.2 Distributors, Traders and Dealers 16 Research Findings and Conclusion 17 Appendix 17.1 Methodology 17.2 Data Source

List of Tables and Figures Figure Vanadium Redox Battery (VRB) Picture Table Product Specifications of Vanadium Redox Battery (VRB) Figure United States Sales Market Share of Vanadium Redox Battery (VRB) by Types in 2017 Table Types of Vanadium Redox Battery (VRB) Figure Carbon Paper Electrode Picture Figure Graphite Felt Electrode Picture Figure United States Vanadium Redox Battery (VRB) Sales Market Share by Applications in 2017 Table Applications of Vanadium Redox Battery (VRB) Figure Large-Scale Energy Storage Picture Figure Uninterruptible Power Supply Picture Figure Others Picture Figure California Vanadium Redox Battery (VRB) Revenue (Million USD) and Growth Rate (2013-2023) Figure Texas Vanadium Redox Battery (VRB) Revenue (Million USD) and Growth Rate (2013-2023) Figure New York Vanadium Redox Battery (VRB) Revenue (Million USD) and Growth Rate (2013-2023) Figure Florida Vanadium Redox Battery (VRB) Revenue (Million USD) and Growth Rate (2013-2023) Figure Illinois Vanadium Redox Battery (VRB) Revenue (Million USD) and Growth Rate (2013-2023) Table Sumitomo Electric Industries Basic Information, Manufacturing Base and Competitors Table Sumitomo Electric Industries Vanadium Redox Battery (VRB) Type and Applications Table Sumitomo Electric Industries Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Rongke Power Basic Information, Manufacturing Base and Competitors Table Rongke Power Vanadium Redox Battery (VRB) Type and Applications Table Rongke Power Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table UniEnergy Technologies Basic Information, Manufacturing Base and Competitors Table UniEnergy Technologies Vanadium Redox Battery (VRB) Type and Applications Table UniEnergy Technologies Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table redT Energy Basic Information, Manufacturing Base and Competitors Table redT Energy Vanadium Redox Battery (VRB) Type and Applications Table redT Energy Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Vionx Energy Basic Information, Manufacturing Base and Competitors Table Vionx Energy Vanadium Redox Battery (VRB) Type and Applications Table Vionx Energy Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Big Pawer Basic Information, Manufacturing Base and Competitors Table Big Pawer Vanadium Redox Battery (VRB) Type and Applications Table Big Pawer Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Australian Vanadium Basic Information, Manufacturing Base and Competitors Table Australian Vanadium Vanadium Redox Battery (VRB) Type and Applications Table Australian Vanadium Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Golden Energy Fuel Cell Basic Information, Manufacturing Base and Competitors Table Golden Energy Fuel Cell Vanadium Redox Battery (VRB) Type and Applications Table Golden Energy Fuel Cell Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table H2, Inc. Basic Information, Manufacturing Base and Competitors Table H2, Inc. Vanadium Redox Battery (VRB) Type and Applications Table H2, Inc. Vanadium Redox Battery (VRB) Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table United States Vanadium Redox Battery (VRB) Sales by Manufacturer (2016-2017) Table United States Vanadium Redox Battery (VRB) Sales Market Share by Manufacturer (2016-2017) Figure United States Vanadium Redox Battery (VRB) Sales Market Share by Manufacturer in 2016 Figure United States Vanadium Redox Battery (VRB) Sales Market Share by Manufacturer in 2017 Table United States Vanadium Redox Battery (VRB) Revenue by Manufacturer (2016-2017) Table United States Vanadium Redox Battery (VRB) Revenue Market Share by Manufacturer (2016-2017) Figure United States Vanadium Redox Battery (VRB) Revenue Market Share by Manufacturer in 2016 Figure United States Vanadium Redox Battery (VRB) Revenue Market Share by Manufacturer in 2017 Table United States Vanadium Redox Battery (VRB) Price by Manufacturers (2016-2017) Figure Top 3 Vanadium Redox Battery (VRB) Manufacturer Market Share in 2016 Figure Top 3 Vanadium Redox Battery (VRB) Manufacturer Market Share in 2017 Figure Top 5 Vanadium Redox Battery (VRB) Manufacturer Market Share in 2016 Figure Top 5 Vanadium Redox Battery (VRB) Manufacturer Market Share in 2017 Figure United States Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table United States Vanadium Redox Battery (VRB) Sales by States (2013-2018) Table United States Vanadium Redox Battery (VRB) Sales Market Share by States (2013-2018) Figure United States Vanadium Redox Battery (VRB) Sales Market Share by States in 2013 Figure United States Vanadium Redox Battery (VRB) Sales Market Share by States in 2017 Table United States Vanadium Redox Battery (VRB) Revenue by States (2013-2018) Figure United States Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Table United States Vanadium Redox Battery (VRB) Revenue Market Share by States (2013-2018) Figure United States Vanadium Redox Battery (VRB) Revenue Market Share by States in 2013 Figure United States Vanadium Redox Battery (VRB) Revenue Market Share by States in 2017 Table United States Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table United States Vanadium Redox Battery (VRB) Sales Share by Type (2013-2018) Table United States Vanadium Redox Battery (VRB) Revenue by Type (2013-2018) Table United States Vanadium Redox Battery (VRB) Revenue Share by Type (2013-2018) Figure United States Carbon Paper Electrode Sales Growth (2012-2017) Figure United States Carbon Paper Electrode Price (2012-2017) Figure United States Graphite Felt Electrode Sales Growth (2012-2017) Figure United States Graphite Felt Electrode Price (2012-2017) Table United States Vanadium Redox Battery (VRB) Sales by Application (2012-2017) Table United States Vanadium Redox Battery (VRB) Sales Share by Application (2012-2017) Figure United States Large-Scale Energy Storage Sales Growth (2012-2017) Figure United States Uninterruptible Power Supply Sales Growth (2012-2017) Figure United States Others Sales Growth (2012-2017) Figure California Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Figure California Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table California Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table California Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) Table California Vanadium Redox Battery (VRB) Sales by Application (2013-2018) Table California Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) Figure New York Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Figure New York Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table New York Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table New York Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) Table New York Vanadium Redox Battery (VRB) Sales by Application (2013-2018) Table New York Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) Figure Texas Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Figure Texas Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table Texas Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table Texas Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) Table Texas Vanadium Redox Battery (VRB) Sales by Application (2013-2018) Table Texas Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) Figure Florida Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Figure Florida Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table Florida Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table Florida Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) Table Florida Vanadium Redox Battery (VRB) Sales by Application (2013-2018) Table Florida Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) Figure Illinois Vanadium Redox Battery (VRB) Revenue and Growth Rate (2013-2018) Figure Illinois Vanadium Redox Battery (VRB) Sales and Growth Rate (2013-2018) Table Illinois Vanadium Redox Battery (VRB) Sales by Type (2013-2018) Table Illinois Vanadium Redox Battery (VRB) Sales Market Share by Type (2013-2018) Table Illinois Vanadium Redox Battery (VRB) Sales by Application (2013-2018) Table Illinois Vanadium Redox Battery (VRB) Sales Market Share by Application (2013-2018) Figure United States Vanadium Redox Battery (VRB) Sales, Revenue and Growth Rate (2018-2023) Table United States Vanadium Redox Battery (VRB) Sales Forecast by States (2018-2023) Table United States Vanadium Redox Battery (VRB) Market Share Forecast by States (2018-2023) Table United States Vanadium Redox Battery (VRB) Sales Forecast by Type (2018-2023) Table United States Vanadium Redox Battery (VRB) Market Share Forecast by Type (2018-2023) Table United States Vanadium Redox Battery (VRB) Sales Forecast by Application (2018-2023) Table United States Vanadium Redox Battery (VRB) Market Share Forecast by Application (2018-2023) Table Sales Base and Market Concentration Rate of Raw Material Figure Price Trend of Key Raw Materials Table Key Suppliers of Raw Materials Figure Manufacturing Cost Structure of Vanadium Redox Battery (VRB) Figure Manufacturing Process Analysis of Vanadium Redox Battery (VRB) Figure Vanadium Redox Battery (VRB) Industrial Chain Analysis Table Raw Materials Sources of Vanadium Redox Battery (VRB) Major Manufacturers in 2017 Table Major Buyers of Vanadium Redox Battery (VRB) Table Distributors/Traders/ Dealers List