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New analysis from Frost & Sullivan (powersupplies.frost.com), World Flywheel UPS Markets, finds the market earned revenues of $51.2 million in 2007 with a growth rate of 9.3 percent for 2007.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the global flywheel UPS markets, please send an email to Johanna Haynes, Corporate Communications, at johanna.haynes[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.
Flywheel energy storage systems outscore traditional lead acid batteries with their compelling advantages such as reliability, small footprint, need for minimal maintenance and environmental friendliness. Despite the high cost to deploy a single flywheel device, its benefits could give the systems a significant competitive advantage. Manufacturers can offset the issue of high capital to promote the total cost of ownership.
"A simple comparison of the cost of the flywheel with a traditional battery clearly indicates that returns on investment can be obtained within the first two and a half to three years of its 20 year lifetime," says Frost & Sullivan Industry Analyst Anu Elizabeth Cherian. "Market participants can increase the year-on-year volume of sales to encourage end users to deploy flywheels instead of replace their batteries."
The system has already found usage in datacenters and industrial applications such as manufacturing and process industries. Flywheel manufacturers expect to find high uptake among many more end-user segments since flywheels keep maintenance issues to a minimum and help end users save effort, time and costs. Unlike batteries, flywheels simply require a check on the vacuum in the container housing the actual wheel to ensure maximum efficiency in the spinning of the wheel.
"The worst case scenario for the flywheel is the reduction in the vacuum," notes Cherian. "Manufacturers take this issue into account and design the required monitoring electronics to keep constant tab on the pressure inside the containerized wheel."
Flywheel systems also benefit from the rise in the prices of lead, which is the main component in lead acid batteries. A five to seven percent increase in the price of batteries enhances the business case for alternative energy storage forms such as flywheels. Since cost is a major purchase factor, this trend expects to elevate the need for viable alternatives such as flywheels.
World Flywheel UPS Markets is part of the Power Supplies & Batteries Growth Partnership Service program, which also includes research in the following markets: world ultracapacitor market, world micro fuel cell markets for portable devices, and world primary lithium battery markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.
World Flywheel UPS Markets
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