Global Mechanical Energy Storage Market Size, Status and Forecast 2019-2025

SKU ID : QYR-14235696 | Publishing Date : 20-May-2019 | No. of pages : 96

Energy storage is becoming increasingly important, especially in energy-management schemes, because it provides the capability of using off-peak power, generated by highly efficient base-load units to supply peak-period demands. Peaking power is usually generated by those units on a utility system that are least efficient and more costly to operate.
So far, only pumped-hydro energy storage has been able to satisfy the high-capacity requirements of the electric utilities. But sites for such plants are becoming increasingly scarce or are being ruled out by environmental considerations, so other energy storage methods are being actively considered. In the field of mechanical energy storage, compressed air found a permanent place among other mechanical energy storage possibilities, such as flywheel for example, because it can be implemented on a large scale in the utility systems already today.
In 2018, the global Mechanical Energy Storage market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Mechanical Energy Storage status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mechanical Energy Storage development in United States, Europe and China.

The key players covered in this study
Voith
Sulzer
DeWalt
Ingersoll Rand
Hitachi
Porter-Cable
Kirloskar Pneumatic
Atlas Copco
Active Power
Beacon Power
Powerthru
Schwungrad Energie

Market segment by Type, the product can be split into
Pumped Hydro Storage (PHS)
Compressed Air Energy Storage (CAES)

Market segment by Application, split into
Industrial
Commercial
Residential

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Mechanical Energy Storage status, future forecast, growth opportunity, key market and key players.
To present the Mechanical Energy Storage development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Mechanical Energy Storage are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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