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Fuel Cell And Battery Technologies

Exotic and Developmental Energy Storage: Technology and Markets

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REPORT HIGHLIGHTS

  • The U.S. wholesale level market for emerging and developmental energy storage technology is expected be worth more than $126 million in 2001.
  • This market is forecast to grow to $1.2 billion by 2010, representing a 33% average annual growth rate (AAGR).
  • Electronic and capacitive energy storage products will be the largest of the three sectors, and should continue to dominate the marketplace through the 10 year scope of this report, approaching $1 billion in 2010.
  • By comparison, superconducting magnetic energy storage is only expected to reach $157 million in 2010, and annual flywheel sales will total only $59 million.
  • The military and aerospace market currently is the single most important sector for these technologies. By the end of the forecast period, however, the portable product and microelectronic market sectors will dominate.

SUMMARY FIGURE
PREDICTED U.S. EMERGING AND DEVELOPMENTAL ENERGY STORAGE SUMMARY, THROUGH 2010
($ Millions)
Source: BCC, Inc.