Global Flywheel Energy Storage Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Flywheel Energy Storage Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Flywheel Energy Storage Systems market size was valued at US$ 171 million in 2023 and is forecast to a readjusted size of USD 287 million by 2030 with a CAGR of 7.7% during review period.

The industry"s leading producers are Piller, Calnetix Technologies and ABB, with revenue ratios of 45.61%, 16.73% and 5.93%, respectively, in 2019.

This report is a detailed and comprehensive analysis for global Flywheel Energy Storage Systems market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Flywheel Energy Storage Systems market size and forecasts, in consumption value ($ Million), 2019-2030

Global Flywheel Energy Storage Systems market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Flywheel Energy Storage Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Flywheel Energy Storage Systems market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Flywheel Energy Storage Systems

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Flywheel Energy Storage Systems market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Piller, Calnetix Technologies, ABB, POWERTHRU, PUNCH Flybrid, Amber Kinetic, Beijing Qifeng, Bc New Energy, Kinetic Traction Systems, Stornetic, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Flywheel Energy Storage Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Flywheel Energy Storage Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Less than 500KW
500-1000KW
More than 1000KW

Market segment by Application
UPS
Electricity Grid
Transportation

Market segment by players, this report covers
Piller
Calnetix Technologies
ABB
POWERTHRU
PUNCH Flybrid
Amber Kinetic
Beijing Qifeng
Bc New Energy
Kinetic Traction Systems
Stornetic

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Flywheel Energy Storage Systems product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Flywheel Energy Storage Systems, with revenue, gross margin, and global market share of Flywheel Energy Storage Systems from 2019 to 2024.

Chapter 3, the Flywheel Energy Storage Systems competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Flywheel Energy Storage Systems market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Flywheel Energy Storage Systems.

Chapter 13, to describe Flywheel Energy Storage Systems research findings and conclusion.