The Global Market for Mechanical Energy Storage (2018-2022): Amber Kinetics, ANDRITZ, Beacon Power, General Electric, Hitachi Mitsubishi Hydro, and Toshiba are the Dominant Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 9, 2019--The “Global Mechanical Energy Storage Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The mechanical energy storage market will register a CAGR of more than 5% by 2022.
Renewables integration with energy storage to gain traction in the market
Renewable energy technologies such as PV solar and wind power give intermittent outputs. With proper support from the governments and industry, energy storage technologies can enhance the deployment of renewable energy sources and enable the production of greater amounts of clean energy in the future.
Government initiatives to promote energy storage
The need for switching to more efficient, less polluting, and reliable energy sources has grown to achieve a cleaner economy worldwide. As the cost of adopting renewables is high at present, the governments of several countries are offering purchase incentives, subsidies, and feed-in tariffs to facilitate higher adoption.
High upfront costs
The energy storage market has a high potential for growth during the forecast period. However, the high upfront costs of installing energy storage systems threaten to hamper growth.
Key PlayersAmber Kinetics ANDRITZ Beacon Power General Electric Hitachi Mitsubishi Hydro Toshiba
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 05: MARKET SIZINGMarket definition Market sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY TECHNOLOGYSegmentation by technology Comparison by technology Pumped hydroelectric energy storage - Market size and forecast 2017-2022 Flywheel energy storage - Market size and forecast 2017-2022 Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPEGeographical segmentation Regional comparison APAC - Market size and forecast 2017-2022 EMEA - Market size and forecast 2017-2022 Americas - Market size and forecast 2017-2022 Key leading countries Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDSRenewables integration with energy storage Flywheel energy storage for transportation Growing need for continuous power supply
PART 13: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Amber Kinetics ANDRITZ Beacon Power General Electric Hitachi Mitsubishi Hydro Toshiba
For more information about this report visit https://www.researchandmarkets.com/research/nnrgkm/the_global_market?w=4
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Related Topics:Energy Storage
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OTHER ENERGY
SOURCE: Research and Markets
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PUB: 01/09/2019 07:10 AM/DISC: 01/09/2019 07:11 AM