Asia Pacific Flywheel Energy Storage Market Forecast 2020-2028

Asia Pacific Flywheel Energy Storage Market Forecast 2020-2028

KEY FINDINGS
The Asia Pacific flywheel energy storage market is expected to record a CAGR of 7.51% in terms of revenue over the forecast period of 2020-2028. Further, the market is evaluated to reach a CAGR of 8.21% in terms of volume during this period. In this region, technological innovation, and R&D to develop the existing energy storage systems are the major factors driving the market growth. Additionally, growing industrialization is expected to raise the demand for flywheels in mining and industrial applications.

MARKET INSIGHTS
The flywheel energy storage market of Asia Pacific is further surveyed by segmenting the region into countries such as Japan, Indonesia, South Korea, Vietnam, India, Australia & New Zealand, Thailand, China, and the rest of Asia Pacific. Indonesia targets to achieve 23% of the power generation from renewable energy by 2023, leading to large investments in the renewable sector from other countries, which, in turn, will drive the market growth. In Thailand, renewable energy supplied about 15% of the total energy consumption in 2018. The government, as well as private companies, are lending full support to realize Thailand’s plan to be a global production base for energy storage technology. In countries like Vietnam, owing to growing industries, the demand for power consumption is increasing rapidly. The renewable energy sector is unexplored at present, hence the country is planning to increase the share of renewables from less than 1% in 2017 to 10% in 2030, which will boost the market growth. Australia is going through energy transformation, and with battery prices falling by 80% since 2010, the country is on the edge of an energy storage boom.

COMPETITIVE INSIGHTS
Active Power, Piller Group GmbH, ABB Ltd., Amber Kinetics, Inc. Temporal Power, etc. are some of the well-known companies operating in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Increasing Adoption Of Renewable Energy
3.2.2. Growing Demand For Uninterrupted Power Supply (Ups)
3.2.3. Increased Use Of Flywheels In Utility Sector
3.3. Key Restraints
3.3.1. Growing Popularity Of Battery Storage
3.3.2. High Initial Cost
3.3.3. Low Tensile Strength
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
5. Market By Application
5.1. Uninterruptible Power Supply
5.2. Distributed Energy Generation
5.3. Transport
5.4. Data Centres
5.5. Others
6. Geographical Analysis
6.1. Asia Pacific
6.1.1. China
6.1.2. Japan
6.1.3. India
6.1.4. South Korea
6.1.5. Indonesia
6.1.6. Thailand
6.1.7. Vietnam
6.1.8. Australia & New Zealand
6.1.9. Rest Of Asia Pacific
7. Company Profiles
7.1. Active Power
7.2. Amber Kinetics, Inc.
7.3. Beacon Power, Llc
7.4. Calnetix Technologies, Llc
7.5. Acumentrics Inc.
7.6. Piller Group Gmbh
7.7. Powerthru
7.8. Temporal Power Ltd
7.9. Abb Limited
7.10. Adaptive Balancing Power
7.11. Schwungrad Energie Ltd.
7.12. Stornetic
7.13. American Maglev Technology
List Of Tables
Table 1: Market Snapshot – Flywheel Energy Storage
Table 2: Asia Pacific Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 3: Asia Pacific Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 4: Asia Pacific Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In Kw)
Table 5: Asia Pacific Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In Kw)
Table 6: Asia Pacific Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 7: Asia Pacific Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 8: Asia Pacific Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In Kw)
Table 9: Asia Pacific Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In Kw)
List Of Figures
Figure 1: Asia Pacific Flywheel Energy Storage Market, By Region, 2019 & 2028 (In %)
Figure 2: Key Investment Insights
Figure 3: Porter’s Five Force Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Asia Pacific Flywheel Energy Storage Market, Growth Potential, By Application, In 2019
Figure 7: Asia Pacific Flywheel Energy Storage Market, Uninterruptible Power Supply, 2020-2028 (In $ Million)
Figure 8: Types Of Ups That Implement Flywheels
Figure 9: Asia Pacific Flywheel Energy Storage Market, Distributed Energy Generation, 2020-2028 (In $ Million)
Figure 10: Flywheel Application In Distributed Energy Generation
Figure 11: Asia Pacific Flywheel Energy Storage Market, Transport, 2020-2028 (In $ Million)
Figure 12: Asia Pacific Flywheel Energy Storage Market, Data Centres, 2020-2028 (In $ Million)
Figure 13: Asia Pacific Flywheel Energy Storage Market, Others, 2020-2028 (In $ Million)
Figure 14: Asia Pacific Flywheel Energy Storage Market, Regional Outlook, 2019 & 2028 (In %)
Figure 15: China Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 16: Japan Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 17: India Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 18: South Korea Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 19: Indonesia Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 20: Thailand Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 21: Vietnam Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 22: Australia & New Zealand Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 23: Rest Of Asia Pacific Flywheel Energy Storage Market, 2020-2028 (In $ Million)

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