Press release
Mechanical Energy Storage Market Key Players Analysis - Voith GmbH, Sulzer Ltd., DeWalt, Ingersoll Rand, Hitachi, Ltd, Porter-Cable, Atlas Copco AB
Market HighlightsMechanical energy storage has by far been the largest form of energy storage around the world so far as it is comprised of systems such as, pumped hydro storage (PHS), compressed air energy storage (CAES) and flywheels. These systems are extensively used and are beneficial on large scale at various industrial, commercial and residential uses.
Currently, the mechanical energy storage market is in the growth stage. This is due to the increase in demand for power, and cross-border power transmission, global initiatives to use more renewable and non-conventional energy sources, smart grids, & the global need to restrict carbon emission, will boost the global mechanical energy storage market. mechanical energy storage market is expected to grow over the CAGR of around 6.5% during the period 2017 to 2023
Key Players:
The key players of global mechanical energy storage market are
• Voith GmbH (Germany),
• Sulzer Ltd. (Switzerland),
• DeWalt, (U.S),
• Ingersoll Rand (U.S),
• Hitachi, Ltd. (Japan),
• Porter-Cable (U.S),
• Kirloskar Pneumatic Co Ltd. (India),
• Atlas Copco AB (Sweden),
• Active Power Inc.(U.S),
• Beacon Power (U.S),
• Powerthru (Canada)
• Schwungrad Energie Limited, (Ireland).
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Market Research Analysis
Asia-Pacific region is expected to grow at the fastest rate
The mechanical energy storage market in the Asia-Pacific region is currently leading and is followed by Europe and North America market. The rapid industrial development in the countries such as India and China where there are issues with continuous reliable electricity supply, is driving the market for mechanical energy storage. Also R&D and utilization of modern flywheels in China and India with the growing trend of compressing air and storing them it in large repositories,
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Mechanical Energy Storage Market Research Report- Forecast to 2023”
Scope of the Report
This study provides an overview of the global mechanical energy storage market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The scope of the study segments the global mechanical energy storage market by its type, by end user and by region.
By Type
• Pumped Hydro Storage (PHS)
• Compressed Air Energy Storage (CAES)
• Flywheels
By End User
• Industrial
• Commercial
• Residential
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Mechanical Energy Storage Market, By Type
4.1 Introduction
4.2 Pumped Hydro Storage (PHS)
4.3 Compressed Air Energy Storage (CAES)
4.4 Flywheels
Continue………
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List of Tables
Table 1 Global Mechanical Energy Storage Market, By Type
Table 2 Global Mechanical Energy Storage Market, By End User
Table 3 Global Mechanical Energy Storage Market, By Regions
Table 4 North America Mechanical Energy Storage Market, By Type
Table 5 North America Mechanical Energy Storage Market, By End User
Continue…….
List of Figures
Figure 1 Research Insulation Type
Figure 2 Global Mechanical Energy Storage Market: By Type (%)
Figure 3 Global Mechanical Energy Storage Market: By End User (%)
Figure 4 Global Mechanical Energy Storage Market: By Region
Continue……
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