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Global Flywheel Energy Storage Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The flywheel energy storage market is poised to grow by 527.88 MW during 2020-2024 progressing at a CAGR of 8% during the forecast period. Our reports on flywheel energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing need for frequency regulation and low-maintenance design reduces operating costs. In addition, the growth in data center construction market is anticipated to boost the growth of the market as well.
The flywheel energy storage market analysis includes segment and geographic landscape.
The flywheel energy storage market is segmented as below:
By Technology
- UPS
- Energy services
- Transportation
- Others
By Geographic Landscape
- North America
- Europe
- APAC
- MEA
- South America
This study identifies the growth in the advanced energy storage market as one of the prime reasons driving the flywheel energy storage market growth during the next few years. Also, government initiatives to promote advanced energy storage and large-scale deployment of ESS in power grids will lead to sizable demand in the market.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our flywheel energy storage market covers the following areas:
- Flywheel energy storage market sizing
- Flywheel energy storage market forecast
- Flywheel energy storage market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flywheel energy storage market vendors that include Amber Kinetics Inc., Beacon Power LLC, The Boeing Co., Calnetix Technologies LLC, ENERGIESTRO, Kinetech Power Systems SA de CV, Kinetic Traction Systems Inc., Langley Holdings Plc, Melrose Industries Plc, and Siemens AG. Also, the flywheel energy storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Technology
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global flywheel energy storage market: Amber Kinetics Inc., Beacon Power LLC, The Boeing Co., Calnetix Technologies LLC, ENERGIESTRO, Kinetech Power Systems SA de CV, Kinetic Traction Systems Inc., Langley Holdings Plc, Melrose Industries Plc, and Siemens AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the growth in advanced energy storage market."
According to the report, one of the major drivers for this market is the the growth in data center construction market.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amber Kinetics Inc.
- Beacon Power LLC
- The Boeing Co.
- Calnetix Technologies LLC
- ENERGIESTRO
- Kinetech Power Systems SA de CV
- Kinetic Traction Systems Inc.
- Langley Holdings Plc
- Melrose Industries Plc
- Siemens AG
