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Global Flywheel Energy Storage Market 2016-2020

Flywheel Energy Storage Sector: Worldwide Forecast until 2020

  • January 2016
  • 48 pages
  • ID: 2464340
In this report:
Global automotive production is expected to exceed ## million units by 2018, with increased vehicle production in China, India, and Mexico.
Over the next few years, the competitive environment in this market is expected to intensify further as a result of an increase in technological innovations and applications of the flywheel.

Summary

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About Flywheel Energy Storage

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, need less maintenance, and have increased efficiency when compared to other energy storage systems.

The experts estimate the worldwide flywheel energy storage market to increase at a compound annual Growth rate of 19.60 percent between 2016 and 2020.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global flywheel energy storage sector for 2016-2020.

The market study, World-wide Flywheel Energy Storage Sector 2016-2020, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises a conversation established with top vendors operating in this segment.

Main vendors

- For a full, in-depth list, view our market report

What are the ongoing market challenges?

- High initial cost

- For a full, exhaustive list, view our market report

How is the market going?

- Growing use of renewable sources

- For a full, in-depth list, view our market report

What are the main questions answered in this report?

- What will both market value and growth rate be in 2020?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

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