Global Flywheel Energy Storage (FES) Market to Reach $688.5 Million by 2030
The global market for Flywheel Energy Storage (FES) estimated at US$422 Million in the year 2022, is projected to reach a revised size of US$688.5 Million by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. Distributed Energy Generation, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$223.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Data centers segment is readjusted to a revised 7.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $124.5 Million, While China is Forecast to Grow at 5.8% CAGR
The Flywheel Energy Storage (FES) market in the U.S. is estimated at US$124.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$119.1 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.Select Competitors (Total 38 Featured) -
- Acumentrics, Inc.
- Amber Kinetics, Inc.
- Beacon Power LLC
- Calnetix Technologies LLC
- Langley Holdings PLC
- Piller Group GmbH
- Power Tree Pvt. Ltd
- Siemens AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acumentrics, Inc.
- Amber Kinetics, Inc.
- Beacon Power Llc
- Calnetix Technologies Llc
- Langley Holdings Plc
- Piller Group GMBH
- Power Tree Pvt. Ltd
- Siemens Ag
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 181 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 375.3 Million |
Forecasted Market Value ( USD | $ 564.2 Million |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |