Research and Markets: Global Flywheel Energy Storage Market 2014-2018 with Active Power, Amber Kinetics, Beacon Power & VYCON Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/77wmjg/global_flywheel) has announced the addition of the "Global Flywheel Energy Storage Market 2014-2018" report to their offering.

The Global Flywheel Energy Storage market to grow at a CAGR of 21% over the period 2013-2018

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.

One of the main trends in this market is the increase in R&D taking place in the Energy Storage industry. Intensive research is being conducted and tested through demonstration projects as flywheel energy storage is one among the emerging grid storage technologies.

According to the report, one of the main factors driving this market is the participation of governments in boosting market growth. Various federal stimulus activities are taking place globally, wherein a certain share of flywheel energy storage project costs are funded by governments, which is driving the growth of the market and is encouraging investment in the market.

Further, the report states that one of major challenges in the market is near-term cost avoidance by utilities. Flywheel energy storage is one of the most expensive storage techniques, and utilities are hesitant about spending a huge amount of money on storage facilities, because it would be tough to compete with fossil fuel-based power generation companies.

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
  • Others

Key Vendors

  • Active Power
  • Amber Kinetics
  • Beacon Power
  • VYCON

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Application
  8. Geographical Segmentation
  9. Key Leading Countries
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/77wmjg/global_flywheel

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources