Global Flywheel Energy Storage Market to Grow at a CAGR of 19.6% During 2016-2020 - Active Power, Beacon Power, Calnetix Technologies, EnSync Energy

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Albany, NY -- (SBWire) -- 07/21/2017 --A flywheel energy storage system is a mechanical battery that stores kinetic energy in the form of a rotating mass. In the flywheel energy storage system, a flywheel or rotor is accelerated at a high speed and the energy is maintained as rotational energy. The speed of this system is reduced when the energy is extracted from the system. Flywheel energy storage systems have a longer life, are more reliable, require less maintenance, and have increased efficiency when compared to other energy storage systems.

The global flywheel energy storage market to grow at a CAGR of 19.6% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global flywheel energy storage market for 2016-2020. To calculate the market size, the report considers flywheels used in the following applications:

- Uninterrupted power supply (UPS)
- Load following for distributed generation
- Transportation
- Others

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Technavio's report, Global Flywheel Energy Storage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Browse more details at: http://www.researchmoz.us/global-flywheel-energy-storage-market-2016-2020-report.html

Key vendors
- Active Power
- Beacon Power
- Calnetix Technologies
- EnSync Energy

Other prominent vendors
- Acumentrics
- Piller
- Power Thru
- Power Tree

Market driver
- Government support
- For a full, detailed list, view our report

Market challenge
- High initial cost
- For a full, detailed list, view our report

Market trend
- Growing use of renewable sources
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/836404