Global Flywheel Energy Storage Motor Market Growth 2024-2030
The motor is the key part to convert the flywheel energy storage device from electrical energy into mechanical energy. The motor suitable for the flywheel energy storage system must meet the following conditions: the motor can operate in the motor working condition and the generator working condition respectively.
Bidirectional energy conversion; low no-load loss, high motor efficiency, ensuring long-term operation of the flywheel energy storage system and high overall energy conversion efficiency; wide motor speed regulation range, simple and reliable speed control method, meeting the operating speed of the flywheel energy storage system Range; the motor has high energy density and can output both large torque and large power. Permanent magnet motors have many excellent characteristics such as high power density, high power factor, wide speed range, high efficiency, small size, and good starting performance. With the continuous improvement of permanent magnet materials, the industry usually uses Permanent magnet motor in flywheel energy storage systems.
The global Flywheel Energy Storage Motor market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Flywheel Energy Storage Motor Industry Forecast” looks at past sales and reviews total world Flywheel Energy Storage Motor sales in 2023, providing a comprehensive analysis by region and market sector of projected Flywheel Energy Storage Motor sales for 2024 through 2030. With Flywheel Energy Storage Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flywheel Energy Storage Motor industry.
This Insight Report provides a comprehensive analysis of the global Flywheel Energy Storage Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flywheel Energy Storage Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Flywheel Energy Storage Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flywheel Energy Storage Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flywheel Energy Storage Motor.
United States market for Flywheel Energy Storage Motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Flywheel Energy Storage Motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Flywheel Energy Storage Motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Flywheel Energy Storage Motor players cover JSTI Group Limited, Xiangtan Electric Manufacturing Group Co.,Ltd., CSZY, Hyunion and Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Flywheel Energy Storage Motor market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Induction Motor (IM)
Permanent Magnet Motor (PM)
Variable Reluctance Motor (VRM)
Segmentation by application
Metal Material Flywheel
Composite Material Flywheel
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
JSTI Group Limited
Xiangtan Electric Manufacturing Group Co.,Ltd.
CSZY
Hyunion
Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.
Dianguang Explosion-proof Technology Co.,Ltd.
Jiangxi Leiyuan Permanent Magnetic Materials Co.,Ltd.
Jiangxi Special Electric Motor Co.,Ltd.
Asia Clean Capital
ZHEJIANG JINLONG ELECTRICAL MACHINERY SDOCK CO., LTD.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flywheel Energy Storage Motor market?
What factors are driving Flywheel Energy Storage Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flywheel Energy Storage Motor market opportunities vary by end market size?
How does Flywheel Energy Storage Motor break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.