Global Flywheel Energy Storage Market Forecast 2017-2025

Published: October 2017
No. of Pages: 110
    ReportsandReports

Key Findings
The Global Flywheel energy storage market is forecasted to rise at a CAGR of 8.91% for the period 2017-2025. Factors like growing automotive industry and energy storage market coupled with the rising demand for uninterrupted power supply (UPS) are chiefly driving the market.
Market Insights
The global flywheel energy storage market is segmented based on application. This segment includes Distributed Energy Generation, UPS, Data Centers, Transport, and others. The Distributed Energy Generation segment is currently leading the market. Other than flywheels, some of the commonly used energy storage systems are lithium-ion batteries, sodium-sulfur (Na-S) batteries, and lead-acid batteries.
Regional Insights
The global flywheel energy storage market is spread over Europe, Asia-Pacific, North America, South America and the Middle East & Africa. In March 2016, the first hybrid flywheel energy storage plant was developed in the European region. The region is also predicted to exhibit the fastest growth over the forecast period. However, the North America market is forecasted to account for the largest market share during 2017-2025. This success can primarily be attributed to increasing demand for UPS systems and the need to maintain a continuous supply of power for commercial and industrial sectors from this region.

Competitive Insights
Product launch is a primary strategy adopted by the various market companies of the global flywheel energy storage market to gain a competitive edge. Some of the pioneering companies in this market are Active Power, Beacon Power Llc, Calnetix Technologies Llc, Piller Group GmbH, Acumentrics Inc, Powerthru, Power Tree and Temporal Power Ltd.

Published By: Inkwood Research
Product Code: Inkwood Research204


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: