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Download Free sampleFlywheel energy storage is one such emerging electrical energy storage technology. Flywheels store energy by virtue of the angular motions of a spinning element. While charging, a motor spins up the flywheel with the input of electrical energy; while discharging the same motor, now acting as a generator, produces electrical energy from the rotational energy of the flywheel.
Flywheel Energy Storage Market contains market size and forecasts of Flywheel Energy Storage in Global, including the following market information:
Global Flywheel Energy Storage Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Flywheel Energy Storage market was valued at 422.3 million in 2021 and is projected to reach US$ 657.8 million by 2028, at a CAGR of 6.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Based on Synchronous Motor Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flywheel Energy Storage include EnSync Energy, Beacon Power, Siemens, GKN Hybrid Power, Active Power, Calnetix Technologies, Vycon Energy, Temporal Power Ltd and Pentadyne Power Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flywheel Energy Storage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flywheel Energy Storage Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Flywheel Energy Storage Market Segment Percentages, by Type, 2021 (%)
Based on Synchronous Motor Type
Based on Reluctance Motor Type
Based on Induction Motor Type
Global Flywheel Energy Storage Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Flywheel Energy Storage Market Segment Percentages, by Application, 2021 (%)
Transportation
UPS
Distributed Power Generation
Others
Global Flywheel Energy Storage Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Flywheel Energy Storage Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flywheel Energy Storage revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Flywheel Energy Storage revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
EnSync Energy
Beacon Power
Siemens
GKN Hybrid Power
Active Power
Calnetix Technologies
Vycon Energy
Temporal Power Ltd
Pentadyne Power Corporation
Kinetech Power Company
Langley Holdings
Amber Kinetics
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