(Health-NewsWire.Net, February 16, 2016 ) 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 For a full, detailed list, view our report
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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