Europe Flywheel Energy Storage Market Forecast 2020-2028

Europe Flywheel Energy Storage Market Forecast 2020-2028

KEY FINDINGS
The flywheel energy storage market in Europe is evaluated to register a CAGR of 9.18% in terms of volume during the projected period of 2020-2028. In terms of revenue, the market is anticipated to reach a CAGR of 7.80% during this period. The main factor favoring the growth of the market in the region is the investment from government, public, and private units. The investments by the significant European economies such as Germany, France, the UK, and Italy are driving the market growth.

MARKET INSIGHTS
In order to understand the huge potential of the European flywheel energy storage market, the region is segregated into countries such as Germany, Russia, the UK, France, Poland, Italy, Belgium, and the rest of Europe. In Russia, energy storage is of utmost importance for everyone associated with renewable energy. The country plans to generate 4.5% of electricity from renewable sources by 2024. Hence, 5.5 GW of renewable capacity and energy storage systems will have to balance the fluctuating wind and solar energy generation. Many manufacturers and developers are working on innovative projects for energy storage systems. Belgium promotes electricity from renewable sources mainly through a quota system based on the trade certificates. Brussels has committed to reaching 850 GWh of renewable energy consumption by 2020, which has to be fulfilled by the regional development of biomass and solar energy. In Poland, data center services are one of the most emerging segments of the IT industry. Ireland is the first European country to build a new type of ultra-efficient system to store renewable energy and feed it back into the grid when required.

COMPETITIVE INSIGHTS
ABB Ltd., Adaptive Balancing Power, The Piller Group GmbH, Active Power, Beacon Power, LLC, etc. are some of the prominent 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. Europe
6.1.1. United Kingdom
6.1.2. Germany
6.1.3. France
6.1.4. Italy
6.1.5. Russia
6.1.6. Belgium
6.1.7. Poland
6.1.8. Rest Of Europe
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: Europe Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 3: Europe Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 4: Europe Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In Kw)
Table 5: Europe Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In Kw)
Table 6: Europe Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 7: Europe Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 8: Europe Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In Kw)
Table 9: Europe Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In Kw)
List Of Figures
Figure 1: Europe 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: Europe Flywheel Energy Storage Market, Growth Potential, By Application, In 2019
Figure 7: Europe Flywheel Energy Storage Market, Uninterruptible Power Supply, 2020-2028 (In $ Million)
Figure 8: Types Of Ups That Implement Flywheels
Figure 9: Europe Flywheel Energy Storage Market, Distributed Energy Generation, 2020-2028 (In $ Million)
Figure 10: Flywheel Application In Distributed Energy Generation
Figure 11: Europe Flywheel Energy Storage Market, Transport, 2020-2028 (In $ Million)
Figure 12: Europe Flywheel Energy Storage Market, Data Centres, 2020-2028 (In $ Million)
Figure 13: Europe Flywheel Energy Storage Market, Others, 2020-2028 (In $ Million)
Figure 14: Europe Flywheel Energy Storage Market, Regional Outlook, 2019 & 2028 (In %)
Figure 15: United Kingdom Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 16: Germany Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 17: France Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 18: Italy Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 19: Russia Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 20: Belgium Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 21: Poland Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 22: Rest Of Europe Flywheel Energy Storage Market, 2020-2028 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook