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Market Research Report

Global Mechanical Energy Storage Market 2021-2025

Published by TechNavio (Infiniti Research Ltd.) Product code 983640
Published Content info 120 Pages
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Global Mechanical Energy Storage Market 2021-2025
Published: January 18, 2021 Content info: 120 Pages
Description

Technavio has been monitoring the mechanical energy storage market and it is poised to grow by 58.27 GW during 2021-2025 progressing at a CAGR of 6% during the forecast period. Our report on mechanical energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing energy storage requirement, government initiatives to promote energy storage, and change in energy mix. In addition, growing energy storage requirement is anticipated to boost the growth of the market as well.

The mechanical energy storage market analysis includes technology segment and geographical landscapes.

Technavio's mechanical energy storage market is segmented as below:

By Technology

  • Pumped hydroelectric
  • Flywheel
  • Others

By Geographical Landscapes

  • APAC
  • North America
  • Europe
  • South America
  • MEA

This study identifies the renewables integration with energy storage as one of the prime reasons driving the mechanical energy storage market growth during the next few years. Also, flywheel energy storage for transportation and growing need for continuous power supply will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on mechanical energy storage market covers the following areas:

  • Mechanical energy storage market sizing
  • Mechanical energy storage market forecast
  • Mechanical energy storage market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mechanical energy storage market vendors that include ABB Ltd., Andritz AG, Beacon Power LLC, General Electric Co., Gilbert Gilkes & Gordon Ltd., Hitachi Ltd., Melrose Industries Plc, Siemens AG, STORNETIC GmbH, and Toshiba Corp.. Also, the mechanical energy storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents
Product Code: IRTNTR46678

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Pumped hydroelectric energy storage - Market size and forecast 2020-2025
  • Flywheel energy storage - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Andritz AG
  • Beacon Power LLC
  • General Electric Co.
  • Gilbert Gilkes & Gordon Ltd.
  • Hitachi Ltd.
  • Melrose Industries Plc
  • Siemens AG
  • STORNETIC GmbH
  • Toshiba Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Parent market
  • 9: Market characteristics
  • 10: Offerings of vendors included in the market definition
  • 11: Market segments
  • 12: Global - Market size and forecast 2020 - 2025 (GW)
  • 13: Global market: Year-over-year growth 2020 - 2025 (%)
  • 14: Five forces analysis 2020 & 2025
  • 15: Bargaining power of buyers
  • 16: Bargaining power of suppliers
  • 17: Threat of new entrants
  • 18: Threat of substitutes
  • 19: Threat of rivalry
  • 20: Market condition - Five forces 2020
  • 21: Technology - Market share 2020-2025 (%)
  • 22: Comparison by Technology
  • 23: Pumped hydroelectric energy storage - Market size and forecast 2020-2025 (GW)
  • 24: Pumped hydroelectric energy storage - Year-over-year growth 2020-2025 (%)
  • 25: Flywheel energy storage - Market size and forecast 2020-2025 (GW)
  • 26: Flywheel energy storage - Year-over-year growth 2020-2025 (%)
  • 27: Others - Market size and forecast 2020-2025 (GW)
  • 28: Others - Year-over-year growth 2020-2025 (%)
  • 29: Market opportunity by Technology
  • 30: Customer landscape
  • 31: Market share by geography 2020-2025 (%)
  • 32: Geographic comparison
  • 33: APAC - Market size and forecast 2020-2025 (GW)
  • 34: APAC - Year-over-year growth 2020-2025 (%)
  • 35: North America - Market size and forecast 2020-2025 (GW)
  • 36: North America - Year-over-year growth 2020-2025 (%)
  • 37: Europe - Market size and forecast 2020-2025 (GW)
  • 38: Europe - Year-over-year growth 2020-2025 (%)
  • 39: South America - Market size and forecast 2020-2025 (GW)
  • 40: South America - Year-over-year growth 2020-2025 (%)
  • 41: MEA - Market size and forecast 2020-2025 (GW)
  • 42: MEA - Year-over-year growth 2020-2025 (%)
  • 43: Key leading countries
  • 44: Market opportunity by geography (GW)
  • 45: Impact of drivers and challenges
  • 46: Vendor landscape
  • 47: Landscape disruption
  • 48: Industry risks
  • 49: Vendors covered
  • 50: Market positioning of vendors
  • 51: ABB Ltd. - Overview
  • 52: ABB Ltd. - Business segments
  • 53: ABB Ltd. - Key offerings
  • 54: ABB Ltd. - Key customers
  • 55: ABB Ltd. - Segment focus
  • 56: Andritz AG - Overview
  • 57: Andritz AG - Business segments
  • 58: Andritz AG - Key offerings
  • 59: Andritz AG - Key customers
  • 60: Andritz AG - Segment focus
  • 61: Beacon Power LLC - Overview
  • 62: Beacon Power LLC - Product and service
  • 63: Beacon Power LLC - Key offerings
  • 64: Beacon Power LLC - Key customers
  • 65: Beacon Power LLC - Segment focus
  • 66: General Electric Co. - Overview
  • 67: General Electric Co. - Business segments
  • 68: General Electric Co. - Key offerings
  • 69: General Electric Co. - Key customers
  • 70: General Electric Co. - Segment focus
  • 71: Gilbert Gilkes & Gordon Ltd. - Overview
  • 72: Gilbert Gilkes & Gordon Ltd. - Product and service
  • 73: Gilbert Gilkes & Gordon Ltd. - Key offerings
  • 74: Gilbert Gilkes & Gordon Ltd. - Key customers
  • 75: Gilbert Gilkes & Gordon Ltd. - Segment focus
  • 76: Hitachi Ltd. - Overview
  • 77: Hitachi Ltd. - Business segments
  • 78: Hitachi Ltd. - Key offerings
  • 79: Hitachi Ltd. - Key customers
  • 80: Hitachi Ltd. - Segment focus
  • 81: Melrose Industries Plc - Overview
  • 82: Melrose Industries Plc - Business segments
  • 83: Melrose Industries Plc - Key offerings
  • 84: Melrose Industries Plc - Key customers
  • 85: Melrose Industries Plc - Segment focus
  • 86: Siemens AG - Overview
  • 87: Siemens AG - Business segments
  • 88: Siemens AG - Key offerings
  • 89: Siemens AG - Key customers
  • 90: Siemens AG - Segment focus
  • 91: STORNETIC GmbH - Overview
  • 92: STORNETIC GmbH - Product and service
  • 93: STORNETIC GmbH - Key offerings
  • 94: STORNETIC GmbH - Key customers
  • 95: STORNETIC GmbH - Segment focus
  • 96: Toshiba Corp. - Overview
  • 97: Toshiba Corp. - Business segments
  • 98: Toshiba Corp. - Key offerings
  • 99: Toshiba Corp. - Key customers
  • 100: Toshiba Corp. - Segment focus
  • 101: Currency conversion rates for US$
  • 102: Research Methodology
  • 103: Validation techniques employed for market sizing
  • 104: Information sources
  • 105: List of abbreviations
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