Flywheel Energy Storage Market Growing at 21% CAGR Globally to 2018
DALLAS, November 7, 2014 /PRNewswire/ --
ReportsnReports.com adds Global Flywheel Energy Storage Market 2014-2018 research report of 60 pages to the energy and power segment of its industry intelligence and data library. This research forecasts the Global Flywheel Energy Storage market to grow at a CAGR of 21% over the period 2013-2018. The Global Flywheel Energy Storage market can be segmented into four divisions on the basis of its applications: UPS, Load Following for Distributed Generation, Transportation and Others. Complete report is available at http://www.reportsnreports.com/reports/314036-global-flywheel-energy-storage-market-2014-2018.html .
Flywheel energy storage system is a mechanical battery, which stores kinetic energy in the form of rotating mass. In the flywheel energy storage system, a flywheel or rotor accelerates to high speed, and the energy is maintained in this system as rotational energy. The speed of the flywheel energy storage system is reduced when energy is extracted from the system. Moreover, flywheel energy storage system has longer life, more reliability, requires less maintenance, and increased efficiency. These qualities enable the growth of Flywheel Energy Storage market.
The Global Flywheel Energy Storage Market 2014-2018 research report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Flywheel Energy Storage market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Companies like Active Power, Amber Kinetics, Beacon Power, VYCON, Acumentrics, Boeing Management, Piller, Power Thru and Power Tree are discussed in this flywheel storage market report available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=314036 .
Various federal stimulus activities have been put in place to subsidize a percentage of flywheel energy storage project costs, which is promoting huge investments in the market. This research emphasizes intensification of distributed energy resources. Global dependency on fossil fuel is very high and many countries have not yet moved towards renewable energy power generation because of the high initial implementation costs associated with it.
However, this scenario has changed slightly with the emergence of distributed energy resources (DER), which differ from centralized power generation in that DER allows power generation to be distributed among various small-scale organizations or houses. "DER helps in the reduction of power losses as the loss generally takes place while transferring power from the production point to the consumption point. This is helping promote growth in the flywheel storage market, as DER is facilitated by flywheel energy storage systems, which enable easy generation, load management and power storage," says the VP of the publishing firm of this research.
Other energy storage market reports available with ReportsnReports.com include:
Global Energy Storage for Microgrids Market 2014-2018 is an 80 pages research report that forecasts the industry to grow at 19% CAGR during 2013-2018. In terms of technology, the Global Energy Storage for Microgrids market can be segmented into five: Advanced Lead-acid Battery, Advanced Lithium-ion Battery, Flow Battery, Sodium Metal Halide Battery, and Flywheel. Companies like ABB, EnStorage, General Electric Digital Energy, NEC, S&C Electric, Toshiba, Ampard, Aquion Energy, Greensmith Energy, Green Energy Corp., Raytheon Co. and Sunverge Energy are discussed in this research available at http://www.reportsnreports.com/reports/311219-global-energy-storage-market-for-microgrids-2014-2018.html .
The Advanced Energy Storage Systems Market by Technology (Pumped Hydro, Compressed Air, Batteries, Flywheels, Supercapacitors), By Applications (Grid Storage & Transportation), & Geography - Global Trends & Forecast to 2018 is a 263 pages report that says globally, the advanced energy storage systems market, including grid storage and transportation, is expected to grow at a CAGR of 10% in the next five years and reach $10.3 billion by 2018. The key growth drivers being, growing renewable energy source implementation all over the world, new transmission and distribution grid construction and upgrade across major countries, smart grid installation, and encouraging demand for electric and hybrid vehicles in most of the developed and developing countries. Companies like A123 Systems, Llc., Active Power, Inc., Altair Nanotechnologies Inc., BYD Company Ltd., China Bak Battery Inc., Electrovaya Inc., Energizer Holdings Inc., Enersys, Exide Technologies, GS Yuasa Corporation, Hitachi, LG Chem Ltd., Maxwell Technologies Inc., Nippon Chemi-Con Corporation, SAFT, Samsung SDI Co. Ltd., Sony, The Furukawa Battery Co. Ltd, Toshiba Corporation and Valence Technology are profiled in this report available at http://www.reportsnreports.com/reports/271909-advanced-energy-storage-systems-market-by-technology-pumped-hydro-compressed-air-batteries-flywheels-supercapacitors-by-applications-grid-storage-transportation-geography-global-trends-forecast-to-2018.html .
List of Exhibits provided in Global Flywheel Energy Storage Market 2014-2018 research report include:
Exhibit 1: Market Research Methodology
Exhibit 2: Flywheel Energy Storage System
Exhibit 3: Global Flywheel Energy Storage Market 2013-2018 (US$ million)
Exhibit 4: Global Flywheel Energy Storage Market by Application 2013
Exhibit 5: Global Flywheel Energy Storage Market by Application 2018
Exhibit 6: Global Flywheel Energy Storage Market by Application 2013-2018
Exhibit 7: Global Flywheel Energy Storage Market by UPS Segment 2013-2018 (US$ million)
Exhibit 8: Global Flywheel Energy Storage Market by Load Following for Distributed Generation Segment 2013-2018 (US$ million)
Exhibit 9: Global Flywheel Energy Storage Market by Transportation Segment 2013-2018 (US$ million)
Exhibit 10: Global Flywheel Energy Storage Market by Geographical Segmentation 2013
Exhibit 11: Global Flywheel Energy Storage Market by Geographical Segmentation 2018
Exhibit 12: Flywheel Energy Storage Market in the EMEA Region 2013-2018 (US$ million)
Exhibit 13: Flywheel Energy Storage Market in the Americas 2013-2018 (US$ million)
Exhibit 14: Flywheel Energy Storage Market in the APAC Region 2013-2018 (US$ million)
Exhibit 15: Active Power: Business Segmentation by Revenue 2013
Exhibit 16: Active Power: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 17: Active Power: Geographical Segmentation by Revenue 2013
Explore more reports on energy and power market at http://www.reportsnreports.com/market-research/energy-and-power-supplies/ .
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