North America Flywheel Energy Storage Market Forecast 2020-2028

North America Flywheel Energy Storage Market Forecast 2020-2028

KEY FINDINGS
The North American flywheel energy storage market is estimated to grow at a CAGR of 8.35% in terms of volume, and 7.59% in terms of revenue over the forecast period of 2020-2028. The high investments by public and corporate financial investors have led to a significant increase in the number of installations in North America. Further, the rise in need for energy across the region leads to surging demand for efficient and reliable energy storage systems. The favorable regulatory policies drive the growth of the market in the region. Also, technological advancements and installation of systems will reduce the cost of the traditional methods of energy storage.

MARKET INSIGHTS
The North American market of flywheel energy storage is surveyed through the countries of the US and Canada, with the US dominating the market. In Canada, the power sector is dominated by renewable energy sources, especially hydropower. States such as Ontario have witnessed hydroelectric and natural gas generated power supply leading to a significant increase in solar and wind power generation. IESO, Ontario, has acquired a suite of energy storage technologies for utility-scale applications of short and long duration. The technologies include flywheels, flow batteries, solid-state batteries, and compressed air energy storage. Ontario, the country’s leading solar province, has the first grid-connected energy storage facility in Canada. The 2MW flywheel energy storage facility of Ontario will provide regulation service to the Independent Electricity System Operator, and allow it to balance increasing volumes of intermittent renewable on the grid.

COMPETITIVE INSIGHTS
Acumentrics Inc., Calnetix Technologies, LLC Amber Kinetics, Inc., 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. North America
6.1.1. United States
6.1.2. Canada
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: North America Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 3: North America Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 4: North America Flywheel Energy Storage Market, By Application, Historical Years, 2016-2019 (In Kw)
Table 5: North America Flywheel Energy Storage Market, By Application, Forecast Years, 2020-2028 (In Kw)
Table 6: North America Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 7: North America Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 8: North America Flywheel Energy Storage Market, By Country, Historical Years, 2016-2019 (In Kw)
Table 9: North America Flywheel Energy Storage Market, By Country, Forecast Years, 2020-2028 (In Kw)
List Of Figures
Figure 1: North America 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: North America Flywheel Energy Storage Market, Growth Potential, By Application, In 2019
Figure 7: North America Flywheel Energy Storage Market, Uninterruptible Power Supply, 2020-2028 (In $ Million)
Figure 8: Types Of Ups That Implement Flywheels
Figure 9: North America Flywheel Energy Storage Market, Distributed Energy Generation, 2020-2028 (In $ Million)
Figure 10: Flywheel Application In Distributed Energy Generation
Figure 11: North America Flywheel Energy Storage Market, Transport, 2020-2028 (In $ Million)
Figure 12: North America Flywheel Energy Storage Market, Data Centres, 2020-2028 (In $ Million)
Figure 13: North America Flywheel Energy Storage Market, Others, 2020-2028 (In $ Million)
Figure 14: North America Flywheel Energy Storage Market, Regional Outlook, 2019 & 2028 (In %)
Figure 15: United States Flywheel Energy Storage Market, 2020-2028 (In $ Million)
Figure 16: Canada Flywheel Energy Storage Market, 2020-2028 (In $ Million)

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