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Published: Apr, 2019 | Pages:
123 | Publisher: Grand View Research
Industry: Power | Report Format: Electronic (PDF)
The global flywheel energy storage market size is anticipated to be valued at USD 479.3 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.9% during the forecast period. Growing energy storage and automobile industries is expected to drive this growth. Flywheel system accumulate energy and use it to deliver continuous power output where energy source is not continuous. In this system, electric energy can be generated by spinning the flywheel, which makes it an ideal solution in regulating supply. As compared to a solar photovoltaic cell or wind turbine, flywheels can produce energy throughout the day. On the basis of application, the market is segmented into UPS, distributed energy generation, transport, data centers, and others. Data center is the largest application segment due to the growing demand for energy storage devices to overcome the risk of interruptions at the main power supply. The segment held around 44.0% of the global market share in 2018 and is expected to grow significantly over the forecast period. High power density, long life cycle, and no degradation over time are some of the properties that work in favor of flywheel energy storage systems in vehicles. Growing automobile and transport industries are expected to drive this market over the forecast period. Transport segment is projected to register a CAGR of 10.6% over the forecast period. Growing demand for Uninterruptible Power Supply (UPS) from end-use industries is expected to have a positive impact on the market growth. The market is consolidated with the presence of many small- and large-scale manufacturers. These players adopt strategies such as mergers and acquisitions, expansions, new product developments, along with joint ventures and collaborations, to increase their market share. Further key findings from the report suggest: • U.S. is projected to expand at a CAGR of 9.6% in terms of revenue over the forecast period. U.S. is among the largest consumers of the market. Problems arising due to interruptions and fluctuations of power supply have resulted in increasing demand for UPS systems from the commercial sector of the country • Germany, in terms of revenue, is projected to grow over USD 20.05 million by 2025. This growth can be attributed to rising demand from the automobile industry • Japan is anticipated to reach USD 2.04 million in 2025, driven by growing demand from the transport and energy storage sectors • Key players operating in the global flywheel energy storage market are Rotonix USA, Inc.; Calnetix Technologies, LLC; VYCON, Inc.; Powerthru; Amber Kinetics, Inc.; Active Power; Beacon Power, LLC; Piller Group GmbH; Power Tree; Temporal Power Ltd.; and Pentadyne Power Corporation.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Secondary Sources & Third-Party Perspectives
1.3.2 Primary Sources
1.4 Information Analysis
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage
3.1.1 Global Flywheel Energy Storage Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.4 Technology Overview
3.4.1 Technology Trends
3.5 Regulatory Framework
3.5.1 Standard & Compliances
3.6 Market Dynamics
3.6.1 Market Driver analysis
3.6.1.1 Growing energy storage market
3.6.1.2 Growing demand for uninterruptible power supply (UPS)
3.6.1.3 Growing automobile industry
3.6.2 Market restraint analysis
3.6.2.1 Growing popularity of battery storage
3.7 Business Environment Analysis: Flywheel Energy Storage Market
3.7.1 Industry Analysis - Porters Model
3.7.1.1 Supplier Power
3.7.1.2 Buyer Power
3.7.1.3 Substitution Threat
3.7.1.4 Threat from New Entrant
3.7.1.5 Industry Rivalry
3.7.2 PESTEL ANALYSIS
3.7.2.1 Political Landscape
3.7.2.2 Economic Landscape
3.7.2.3 Social Landscape
3.7.2.4 Technology Landscape
3.7.2.5 Environmental Landscape
3.7.2.6 Legal Landscape
Chapter 4 Flywheel Energy Storage Market: By Application Estimates & Trend Analysis
4.1 Flywheel energy storage market: Application movement analysis
4.2 Uninterruptible Power Supply (UPS)
4.2.1 Uninterruptible Power Supply (UPS) Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand)
4.3 Distributed Energy Generation
4.3.1 Distributed Energy Generation Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand)
4.4 Transport
4.4.1 Transport Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand)
4.5 Data Centers
4.5.1 Data Center Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand)
4.6 Others (other frequency regulation applications)
4.6.1 Others Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand)
Chapter 5 Flywheel Energy Storage Market: By Region Estimate & Trend Analysis
5.1 Global Flywheel energy storage market share by region, 2015 & 2025
5.2 North America
5.2.1 North America Flywheel energy storage market 2015 & 2025
5.2.2 North America Flywheel energy storage market by application 2015 & 2025
5.2.3 U.S.
5.2.3.1 U.S Flywheel energy storage market, 2015 TO 2025
5.2.3.1 U.S Flywheel energy storage market by application, 2015 TO 2025
5.3 Europe
5.3.1 Europe Flywheel energy storage market 2015 & 2025
5.3.2 Europe Flywheel energy storage market by application 2015 & 2025
5.3.3 Germany
5.3.3.1 Germany Flywheel energy storage market 2015 & 2025
5.3.3.2 Germany Flywheel energy storage market by application 2015 & 2025
5.3.4 U.K.
5.3.4.1 U.K. Flywheel energy storage market by application 2015 & 2025
5.3.4.2 U.K. Flywheel energy storage market by application 2015 & 2025
5.4 Asia Pacific
5.4.1 Asia Pacific Flywheel energy storage market 2015 & 2025
5.4.2 Asia Pacific Flywheel energy storage market by application 2015 & 2025
5.4.3 South Korea
5.4.3.1 South Korea Flywheel energy storage market 2015 & 2025
5.3.3.2 South Korea Flywheel energy storage market by application 2015 & 2025
5.4.4 Japan
5.4.4.1 Japan Flywheel energy storage market by application 2015 & 2025
5.4.4.2 Japan Flywheel energy storage market by application 2015 & 2025
5.5 Central & South America (CSA)
5.5.1 Central & South America (CSA) Flywheel energy storage market 2015 & 2025
5.5.2 Central & South America (CSA) Flywheel energy storage market by application 2015 & 2025
5.5.3 Brazil
5.5.3.1 Brazil Flywheel energy storage market 2015 & 2025
5.5.3.2 Brazil Flywheel energy storage market by application 2015 & 2025
5.6 Middle East & Africa (MEA)
5.6.1 Middle East & Africa (MEA) Flywheel energy storage market 2015 & 2025
5.5.2 Middle East & Africa (MEA) Flywheel energy storage market by application 2015 & 2025
Chapter 6 Flywheel Energy Storage Market: Competitive Landscape
6.1 Competitive Environment
6.2 Strategy Framework
6.3 Vendor Landscape
6.4 Public Companies
6.4.1 Company Market position analysis
6.4.2 SWOT ANALYSIS
6.5 Private Companies
Chapter 7 Flywheel Energy Storage Market: Company Profiles
7.1 Active Power
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Industries and Services Catered
7.1.4 Product benchmarking
7.1.5 Strategic initiatives
7.2 Amber Kinetics, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Industries and Services Catered
7.2.4 Product benchmarking
7.2.5 Strategic initiatives
7.3 Beacon Power, LLC
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Industries and Services Catered
7.3.4 Product benchmarking
7.3.5 Strategic initiatives
7.4 Calnetix Technologies, LLC
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Industries and Services Catered
7.4.4 Product benchmarking
7.4.5 Strategic initiatives
7.5 Piller Group GmbH
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Industries and Services Catered
7.5.4 Product benchmarking
7.5.5 Strategic initiatives
7.6 Powerthru
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Industries and Services Catered
7.6.4 Product benchmarking
7.6.5 Strategic initiatives
7.7 Power Tree
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Industries and Services Catered
7.7.4 Product benchmarking
7.7.5 Strategic initiatives
7.8 Temporal Power Ltd
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Industries and Services Catered
7.8.4 Product benchmarking
7.8.5 Strategic initiatives
7.9 Rotonix USA, Inc.
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Industries and Services Catered
7.9.4 Product benchmarking
7.10 Pentadyne Power Corporation
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Industries and Services Catered
7.10.4 Product Benchmarking
7.11 VYCON, Inc.
7.11.1 Company overview
7.11.2 Financial performance
7.11.3 Industries and Services Catered
7.11.4 Product benchmarking
List of Tables TABLE 1 Uninterruptible Power Supply (UPS) Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand) TABLE 2 Distributed Energy Generation Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand) TABLE 3 Transport Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand) TABLE 4 Data Center Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand) TABLE 5 Other Flywheel Energy Storage Market, 2015 - 2025 (KW) (USD Thousand) TABLE 6 North America flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 7 North America flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 8 U.S flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 9 U.S flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 10 Europe flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 11 Europe flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 12 Germany flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 13 Germany flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 14 U.K. flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 15 U.K. flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 16 Asia Pacific flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 17 Asia Pacific flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 18 South Korea flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 19 South Korea flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 20 Japan flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 21 Japan flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 22 Central & South America flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 23 Central & South America flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 24 Brazil flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 25 Brazil flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) TABLE 26 MEA flywheel energy storage market, by application, 2015 - 2025 (KW) TABLE 27 MEA flywheel energy storage market, by application, 2015 - 2025 (USD Thousand) List of Figures FIG. 1 Market summary FIG. 2 Market trends & outlook FIG. 3 Market segmentation & scope FIG. 4 Penetration & growth prospect mapping FIG. 5 Flywheel Energy Storage Value Chain Analysis FIG. 6 Top 5 Steel Producing Countries, 2014 & 2015 (Million Tons) FIG. 7 Carbon Fiber Demand, 2009 - 2015 (Thousand Tons) FIG. 8 Market driver relevance analysis (Current & future impact) FIG. 9 Energy Storage Market in the U.S., 2016 - 2017 (MW) FIG. 10 Global Automotive Sales, 2012 - 2018 (Million Units) FIG. 11 Market restraint relevance analysis (Current & future impact) FIG. 12 Global Energy Storage Installation, 2014 FIG. 13 SWOT Analysis, By Factor (political & legal, economic and technological) FIG. 14 Porter’s Five Forces Analysis FIG. 15 Flywheel energy storage market application outlook key takeaways FIG. 16 Flywheel energy storage market: Application movement analysis (USD Thousand) FIG. 17 Regional Flywheel Energy Storage Market place: Key takeaways FIG. 18 Regional outlook, 2015 & 2025 FIG. 19 U.S. country outlook, 2015 - 2025 (USD thousand) (KW) FIG. 20 Germany country outlook, 2015 TO 2025 (USD thousand) (KW) FIG. 21 U.K. country outlook, 2015 TO 2025 (USD thousand) (KW) FIG. 22 South Korea country outlook, 2015 TO 2025 (USD thousand) (KW) FIG. 23 Japan country outlook, 2015 TO 2025 (USD thousand) (KW) FIG. 24 Brazil country outlook, 2015 TO 2025 (USD thousand) (KW) FIG. 25 Strategic developments by players, 2011 to 2018 FIG. 26 Strategies adopted by players, 2011 to 2018
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