Latest research report on “Flywheel Energy Storage Systems Market in Vietnam” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Flywheel energy storage (FES) works by accelerating a rotor (flywheel) to a very high speed and maintaining the energy in the system as rotational energy. When energy is extracted from the system, the flywheel’s rotational speed is reduced as a consequence of the principle of conservation of energy; adding energy to the system correspondingly results in an increase in the speed of the flywheel.
Most FES systems use electricity to accelerate and decelerate the flywheel, but devices that directly use mechanical energy are being developed.
This report contains market size and forecasts of Flywheel Energy Storage Systems in Vietnam, including the following market information:
Vietnam Flywheel Energy Storage Systems Market Revenue, 2015-2020, 2021-2026, ($ millions)
Top Five Competitors in Vietnam Flywheel Energy Storage Systems Market 2019 (%)
The global Flywheel Energy Storage Systems market was valued at 136.3 million in 2019 and is projected to reach US$ 182.4 million by 2026, at a CAGR of 7.6% during the forecast period. While the Flywheel Energy Storage Systems market size in Vietnam was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
COVID-19 pandemic has big impact on Flywheel Energy Storage Systems businesses, with lots of challenges and uncertainty faced by many players of Flywheel Energy Storage Systems in Vietnam.
This report also analyses and evaluates the COVID-19 impact on Flywheel Energy Storage Systems market size in 2020 and the next few years in Vietnam
Total Market by Segment:
Vietnam Flywheel Energy Storage Systems Market, By Type, 2015-2020, 2021-2026 ($ millions)
Vietnam Flywheel Energy Storage Systems Market Segment Percentages, By Type, 2019 (%)
– Less than 500KW
– More than 1000KW
Vietnam Flywheel Energy Storage Systems Market, By Application, 2015-2020, 2021-2026 ($ millions)
Vietnam Flywheel Energy Storage Systems Market Segment Percentages, By Application, 2019 (%)
– Electricity Grid
The report also provides analysis of leading market participants including:
Total Flywheel Energy Storage Systems Market Competitors Revenues in Vietnam, by Players 2015-2020 (Estimated), ($ millions)
Total Flywheel Energy Storage Systems Market Competitors Revenues Share in Vietnam, by Players 2019 (%)
Further, the report presents profiles of competitors in the market, including the following:
– Calnetix Technologies
– PUNCH Flybrid
– Amber Kinetic
– Beijing Qifeng
– Bc New Energy
– Kinetic Traction Systems
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