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Global Mechanical Energy Storage Market 2018-2022 - Product Image

Global Mechanical Energy Storage Market 2018-2022

  • ID: 4722113
  • Report
  • December 2018
  • Region: Global
  • 111 pages
  • TechNavio
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1 of 4

FEATURED COMPANIES

  • Amber Kinetics
  • ANDRITZ
  • Beacon Power
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • Toshiba
  • MORE
Renewables integration with energy storage to gain traction in the market. Renewable energy technologies such as PV solar and wind power give intermittent outputs. With proper support from the governments and industry, energy storage technologies can enhance the deployment of renewable energy sources and enable the production of greater amounts of clean energy in the future. The analysts have predicted that the mechanical energy storage market will register a CAGR of more than 5% by 2022.

Market Overview

Government initiatives to promote energy storage

The need for switching to more efficient, less polluting, and reliable energy sources has grown to achieve a cleaner economy worldwide. As the cost of adopting renewables is high at present, the governments of several countries are offering purchase incentives, subsidies, and feed-in tariffs to facilitate higher adoption.

High upfront costs

The energy storage market has a high potential for growth during the forecast period. However, the high upfront costs of installing energy storage systems threaten to hamper growth.

For the detailed list of factors that will drive and challenge the growth of the mechanical energy storage market during the 2018-2022, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Hitachi Mitsubishi Hydro and Toshiba, the competitive environment is quite intense. Factors such as the government initiatives to promote energy storage and the renewables integration with energy storage, will provide considerable growth opportunities to mechanical energy storage manufactures. Amber Kinetics, ANDRITZ, Beacon Power, GENERAL ELECTRIC, Hitachi Mitsubishi Hydro, and Toshiba are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Amber Kinetics
  • ANDRITZ
  • Beacon Power
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • Toshiba
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
  • Segmentation by technology
  • Comparison by technology
  • Pumped hydroelectric energy storage - Market size and forecast 2017-2022
  • Flywheel energy storage - Market size and forecast 2017-2022
  • Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast 2017-2022
  • EMEA - Market size and forecast 2017-2022
  • Americas - Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Renewables integration with energy storage
  • Flywheel energy storage for transportation
  • Growing need for continuous power supply
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Amber Kinetics
  • ANDRITZ
  • Beacon Power
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • Toshiba
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global energy storage market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global - Market size and forecast 2017-2022 (GW)
Exhibit 09: Global - Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Technology - Market share 2017-2022 (%)
Exhibit 19: Comparison by technology
Exhibit 20: Pumped hydroelectric energy storage - Market size and forecast 2017-2022 (GW)
Exhibit 21: Pumped hydroelectric energy storage - Year-over-year growth 2018-2022 (%)
Exhibit 22: Flywheel energy storage - Market size and forecast 2017-2022 (GW)
Exhibit 23: Flywheel energy storage - Year-over-year growth 2018-2022 (%)
Exhibit 24: Market opportunity by technology
Exhibit 25: Customer landscape
Exhibit 26: Regional - Market share by geography 2017-2022 (%)
Exhibit 27: Regional comparison
Exhibit 28: APAC - Market size and forecast 2017-2022 (GW)
Exhibit 29: APAC - Year-over-year growth 2018-2022 (%)
Exhibit 30: EMEA - Market size and forecast 2017-2022 (GW)
Exhibit 31: EMEA - Year-over-year growth 2018-2022 (%)
Exhibit 32: Americas - Market size and forecast 2017-2022 (GW)
Exhibit 33: Americas - Year-over-year growth 2018-2022 (%)
Exhibit 34: Key leading countries
Exhibit 35: Market opportunity
Exhibit 36: Reasons for the increase in energy storage
Exhibit 37: Global total primary energy supply (TPES) by source, 1990-2015 (ktoe)
Exhibit 38: Global Battery ESS installed energy cost reduction potential, 2016-2030 (%)
Exhibit 39: Vendor landscape
Exhibit 40: Landscape disruption
Exhibit 41: Vendors covered
Exhibit 42: Vendor classification
Exhibit 43: Market positioning of vendors
Exhibit 44: Amber Kinetics overview
Exhibit 45: Amber Kinetics - Organizational developments
Exhibit 46: Amber Kinetics - Key offerings
Exhibit 47: ANDRITZ overview
Exhibit 48: ANDRITZ - Business segments
Exhibit 49: ANDRITZ - Organizational developments
Exhibit 50: ANDRITZ - Geographic focus
Exhibit 51: ANDRITZ - Segment focus
Exhibit 52: ANDRITZ - Key offerings
Exhibit 53: Beacon Power overview
Exhibit 54: Beacon Power - Organizational developments
Exhibit 55: Beacon Power - Key offerings
Exhibit 56: GENERAL ELECTRIC: Overview
Exhibit 57: GENERAL ELECTRIC: Business segments
Exhibit 58: GENERAL ELECTRIC: Organizational developments
Exhibit 59: GENERAL ELECTRIC: Geographic focus
Exhibit 60: GENERAL ELECTRIC: Segment focus
Exhibit 61: GENERAL ELECTRIC: Key offerings
Exhibit 62: Hitachi Mitsubishi Hydro overview
Exhibit 63: Hitachi Mitsubishi Hydro - Business segments
Exhibit 64: Hitachi Mitsubishi Hydro - Key offerings
Exhibit 65: Toshiba overview
Exhibit 66: Toshiba - Business segments
Exhibit 67: Toshiba - Organizational developments
Exhibit 68: Toshiba - Geographic focus
Exhibit 69: Toshiba - Segment focus
Exhibit 70: Toshiba - Key offerings
Note: Product cover images may vary from those shown
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4 of 4

FEATURED COMPANIES

  • Amber Kinetics
  • ANDRITZ
  • Beacon Power
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • Toshiba
  • MORE
Global Mechanical Energy Storage Market 2018-2022

The analyst recognizes the following companies as the key players in the global mechanical energy storage market: Amber Kinetics, ANDRITZ, Beacon Power, GENERAL ELECTRIC, Hitachi Mitsubishi Hydro, and Toshiba.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the renewables integration with energy storage.”

According to the report, one of the major drivers for this market is the government initiatives to promote energy storage.

Further, the report states that one of the major factors hindering the growth of this market is the high upfront costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Amber Kinetics
  • ANDRITZ
  • Beacon Power
  • GENERAL ELECTRIC
  • Hitachi Mitsubishi Hydro
  • Toshiba
Note: Product cover images may vary from those shown
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