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Global Flywheel Energy Storage Systems Market Size study, by Type (High-Speed Motor Generator, Active Magnetic Bearings, Control System), by Application (Transportation, UPS, Wind Turbines, Automobiles, Others) and Regional Forecasts 2020-2027

  • BIZ4026473
  • 200 Pages
  • August 2020
  • Automotive and Transportation
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Global Flywheel Energy Storage Systems Market is valued at approximately USD 312 million in 2019 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2020-2027. Flywheel energy storage is a system that works by speeding-up a rotor to a very high speed and retaining the energy in the system as rotational energy. Most flywheel energy storage systems use power to accelerate and deaccelerate the flywheel, although the systems that use mechanical energy are being transformed with power from electrical power sources and when necessary, flywheels drive generators to generate power. Also, flywheel energy storage systems are one of the emerging electrical energy storage technologies that have an efficient and capable to store energy. With the recent innovations, the efficiencies of flywheel energy storage systems have been achieved by about 80%, which is the highest in comparison to any other storage device. Further, these systems usually work with kinetic energy for renewable integration, grid balancing, and delivering power supply to grids. Hence, they are clean energy storage systems that serve as a consistent alternative of fossil fuel thus, supporting the reduction of carbon emission levels. Due to this reason, this system finds extensive application both hybrid and electric vehicles as a significant intermediate energy storage. Increasing sales of hybrid & electric vehicles, along with increasing electricity demand are the few factors responsible for the market growth over the forecast period. According to the survey of the International Energy Agency in 2018, more than 1 million electric cars were sold in 2017 with more than half of global sales in China. Also, it is anticipated that the total number of electric cars on the road surpassed 3 million across the globe, an expansion of over 50% from 2016. Further, In terms of share, Norway remains the world’s most advanced market for electric car sales, with over 39% of new sales in 2017. This, in turn, is likely to strengthen the market growth all over the world. However, the high storage cost associated with flywheel technology is one of the major factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Flywheel Energy Storage Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing government standards to promote the adoption of energy management systems, coupled with higher government funding towards energy management projects in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing investments in the development of grid infrastructure and the rapid pace of industrialization would create lucrative growth prospects for the flywheel energy storage systems market across the Asia-Pacific region.

Major market player included in this report are:

Active Power

Amber Kinetics, Inc.

Beacon Power, LLC

Calnetix Technologies, LLC.

Piller Group GmbH

Powerthru

Vycon, Inc.

Stornetic GmbH

Energiestro

Oxto Energy

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

High-Speed Motor Generator

Active Magnetic Bearings

Control System

By Application:

Transportation

UPS

Wind Turbines

Automobiles

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Flywheel Energy Storage Systems Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)

1.2.1. Flywheel Energy Storage Systems Market, by Region, 2018-2027 (USD Million)

1.2.2. Flywheel Energy Storage Systems Market, by Type, 2018-2027 (USD Million)

1.2.3. Flywheel Energy Storage Systems Market, by Application, 2018-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Flywheel Energy Storage Systems Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Flywheel Energy Storage Systems Market Dynamics

3.1. Flywheel Energy Storage Systems Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Flywheel Energy Storage Systems Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Flywheel Energy Storage Systems Market, by Type

5.1. Market Snapshot

5.2. Global Flywheel Energy Storage Systems Market by Type, Performance - Potential Analysis

5.3. Global Flywheel Energy Storage Systems Market Estimates & Forecasts by Type 2017-2027 (USD Million)

5.4. Flywheel Energy Storage Systems Market, Sub Segment Analysis

5.4.1. High-Speed Motor Generator

5.4.2. Active Magnetic Bearings

5.4.3. Control System

Chapter 6. Global Flywheel Energy Storage Systems Market, by Application

6.1. Market Snapshot

6.2. Global Flywheel Energy Storage Systems Market by Application, Performance - Potential Analysis

6.3. Global Flywheel Energy Storage Systems Market Estimates & Forecasts by Application 2017-2027 (USD Million)

6.4. Flywheel Energy Storage Systems Market, Sub Segment Analysis

6.4.1. Transportation

6.4.2. UPS

6.4.3. Wind Turbines

6.4.4. Automobiles

6.4.5. Others

Chapter 7. Global Flywheel Energy Storage Systems Market, Regional Analysis

7.1. Flywheel Energy Storage Systems Market, Regional Market Snapshot

7.2. North America Flywheel Energy Storage Systems Market

7.2.1. U.S. Flywheel Energy Storage Systems Market

7.2.1.1. Type breakdown estimates & forecasts, 2017-2027

7.2.1.2. Application breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Flywheel Energy Storage Systems Market

7.3. Europe Flywheel Energy Storage Systems Market Snapshot

7.3.1. U.K. Flywheel Energy Storage Systems Market

7.3.2. Germany Flywheel Energy Storage Systems Market

7.3.3. France Flywheel Energy Storage Systems Market

7.3.4. Spain Flywheel Energy Storage Systems Market

7.3.5. Italy Flywheel Energy Storage Systems Market

7.3.6. Rest of Europe Flywheel Energy Storage Systems Market

7.4. Asia-Pacific Flywheel Energy Storage Systems Market Snapshot

7.4.1. China Flywheel Energy Storage Systems Market

7.4.2. India Flywheel Energy Storage Systems Market

7.4.3. Japan Flywheel Energy Storage Systems Market

7.4.4. Australia Flywheel Energy Storage Systems Market

7.4.5. South Korea Flywheel Energy Storage Systems Market

7.4.6. Rest of Asia Pacific Flywheel Energy Storage Systems Market

7.5. Latin America Flywheel Energy Storage Systems Market Snapshot

7.5.1. Brazil Flywheel Energy Storage Systems Market

7.5.2. Mexico Flywheel Energy Storage Systems Market

7.6. Rest of The World Flywheel Energy Storage Systems Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Active Power

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Amber Kinetics, Inc.

8.2.3. Beacon Power, LLC

8.2.4. Calnetix Technologies, LLC.

8.2.5. Piller Group GmbH

8.2.6. Powerthru

8.2.7. Vycon, Inc.

8.2.8. Stornetic GmbH

8.2.9. Energiestro

8.2.10. Oxto Energy

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. Global Flywheel Energy Storage Systems market, report scope

TABLE 2. Global Flywheel Energy Storage Systems market estimates & forecasts by region 2017-2027 (USD Million)

TABLE 3. Global Flywheel Energy Storage Systems market estimates & forecasts by Type 2017-2027 (USD Million)

TABLE 4. Global Flywheel Energy Storage Systems market estimates & forecasts by Application 2017-2027 (USD Million)

TABLE 5. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 6. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 7. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 8. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 9. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 10. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 11. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 12. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 13. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 14. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 15. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 16. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 17. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 18. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 19. Global Flywheel Energy Storage Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 20. Global Flywheel Energy Storage Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 21. U.S. Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 22. U.S. Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 23. U.S. Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 24. Canada Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 25. Canada Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 26. Canada Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 27. UK Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 28. UK Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 29. UK Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 30. Germany Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 31. Germany Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 32. Germany Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 33. France Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 34. France Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 35. France Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 36. Spain Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 37. Spain Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 38. Spain Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 39. Italy Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 40. Italy Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 41. Italy Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 42. ROE Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 43. ROE Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 44. ROE Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 45. China Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 46. China Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 47. China Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 48. India Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 49. India Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 50. India Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 51. Japan Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 52. Japan Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 53. Japan Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 54. Australia Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 55. Australia Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 56. Australia Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 57. South Korea Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 58. South Korea Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 59. South Korea Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 60. ROPAC Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 61. ROPAC Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 62. ROPAC Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 63. Brazil Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 64. Brazil Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 65. Brazil Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 66. Mexico Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 67. Mexico Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 68. Mexico Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 69. ROLA Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 70. ROLA Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 71. ROLA Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 72. ROW Flywheel Energy Storage Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 73. ROW Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 74. ROW Flywheel Energy Storage Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 75. List of secondary sources, used in the study of global Flywheel Energy Storage Systems market

TABLE 76. List of primary sources, used in the study of global Flywheel Energy Storage Systems market

TABLE 77. Years considered for the study

TABLE 78. Exchange rates considered

 
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