Global Flywheel Energy Storage Market Will Grow At A CAGR Of 19.6% During The Period 2016-2020
A flywheel energy storage system is a mechanical battery that stores kinetic energy in the form of a rotating mass. In the flywheel energy storage system, a flywheel or rotor is accelerated at a high speed and the energy is maintained as rotational energy. The speed of this system is reduced when the energy is extracted from the system. Flywheel energy storage systems have a longer life, are more reliable, require less maintenance, and have increased efficiency when compared to other energy storage systems.
Market analysts forecast the global flywheel energy storage market to grow at a CAGR of 19.6% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global flywheel energy storage market for 2016-2020. To calculate the market size, the report considers flywheels used in the following applications:
Uninterrupted power supply (UPS)
Load following for distributed generation
Transportation
Others
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New report, Global Flywheel Energy Storage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Active Power
Beacon Power
Calnetix Technologies
EnSync Energy
Other prominent vendors
Acumentrics
Piller
Power Thru
Power Tree
Market driver
Government support
For a full, detailed list, view our report
Market challenge
High initial cost
For a full, detailed list, view our report
Market trend
Growing use of renewable sources
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table Of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Technology overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global flywheel energy storage market by application 2015-2020
Global flywheel energy storage market by application 2015-2020
Global flywheel energy storage market by UPS 2015-2020
Global flywheel energy storage market by load following for distributed generation 2015-2020
Global flywheel energy storage market by transportation 2015-2020
Global flywheel energy storage market by others 2015-2020
PART 07: Geographical segmentation
Global flywheel energy storage market by geography
Flywheel energy storage market in EMEA
Flywheel energy storage market in Americas
Flywheel energy storage market in APAC
PART 08: Market drivers
Government support
Increased use of flywheels in utility sector
Widespread use of flywheels in industries
PART 09: Impact of drivers
PART 10: Market challenges
High initial cost
Lack of technological awareness
Technical issues associated with low-speed flywheels
PART 11: Impact of drivers and challenges
PART 12: Market trends
Growing use of renewable sources
Increase in R&D in flywheel energy storage
Use of flywheel technology in HEVs
PART 13: Vendor landscape
Overview
Other prominent vendors
PART 14: Key vendor analysis
Active Power
Beacon Power
Calnetix Technologies
EnSync
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
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