Global Flywheel Energy Storage Market 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.
Flywheel energy storage system is a mechanical battery, which stores kinetic energy in the form of rotating mass. In the flywheel energy storage system, a flywheel or rotor accelerates to high speed, and the energy is maintained in this system as rotational energy. The speed of the flywheel energy storage system is reduced when energy is extracted from the system. Moreover, flywheel energy storage system has longer life, more reliability, requires less maintenance, and increased efficiency. These qualities enable the growth of Flywheel Energy Storage market.
Analysts forecast the Global Flywheel Energy Storage market to grow at a CAGR of 21 percent over the period 2013-2018.
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The report recognizes the following companies as the key players in the Global Flywheel Energy Storage Market:
Other Prominent Vendors in the market are: Acumentrics, Boeing Management, Piller, Power Thru and Power Tree.
One of the main trends in this market is the increase in R&D taking place in the Energy Storage industry. Intensive research is being conducted and tested through demonstration projects as flywheel energy storage is one among the emerging grid storage technologies.
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Covered in this Report
The Global Flywheel Energy Storage market can be segmented into four divisions on the basis of its applications: UPS, Load Following for Distributed Generation, Transportation and Others.
Global Flywheel Energy Storage Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Flywheel Energy Storage market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the main factors driving this market is the participation of governments in boosting market growth. Various federal stimulus activities are taking place globally, wherein a certain share of flywheel energy storage project costs are funded by governments, which is driving the growth of the market and is encouraging investment in the market.
Further, the report states that one of major challenges in the market is near-term cost avoidance by utilities. Flywheel energy storage is one of the most expensive storage techniques, and utilities are hesitant about spending a huge amount of money on storage facilities, because it would be tough to compete with fossil fuel-based power generation companies.
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Flywheel Energy Storage System
Exhibit 3: Global Flywheel Energy Storage Market 2013-2018 (US$ million)
Exhibit 4: Global Flywheel Energy Storage Market by Application 2013
Exhibit 5: Global Flywheel Energy Storage Market by Application 2018
Exhibit 6: Global Flywheel Energy Storage Market by Application 2013-2018
Exhibit 7: Global Flywheel Energy Storage Market by UPS Segment 2013-2018 (US$ million)
Exhibit 8: Global Flywheel Energy Storage Market by Load Following for Distributed Generation Segment 2013-2018 (US$ million)
Exhibit 9: Global Flywheel Energy Storage Market by Transportation Segment 2013-2018 (US$ million)
Exhibit 10: Global Flywheel Energy Storage Market by Geographical Segmentation 2013
View all 17 Exhibits
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