Global Flywheel Energy Storage Systems Market to reach USD 556 million by 2027

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
Product Code:  ALATAMC_15871379
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

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


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