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The flywheel energy storage market is forecasted to grow by USD 224.2 million during 2023-2028, accelerating at a CAGR of 9.4% during the forecast period. The report on the flywheel energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in data center construction market, increasing need for frequency regulation, and low-maintenance design reducing operating costs of flywheel ess.
The flywheel energy storage market is segmented as below:
By Type
- Composite rims
- Steel rims
By Technology
- UPS
- Energy services
- Transportation
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the flywheel energy storage market covers the following areas:
- Flywheel Energy Storage Market sizing
- Flywheel Energy Storage Market forecast
- Flywheel Energy Storage Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global flywheel energy storage market: Active Power Solutions Ltd., Amber Kinetics Inc., Beacon Power LLC, Calnetix Technologies LLC, ENERGIESTRO, FREQCON GmbH, Langley Holdings Plc, Omnes Energy, Oxto Ltd., POWERTHRU, PUNCH Flybrid, Revterra, Rotonix USA Inc., Schneider Electric SE, Schwungrad Energie, Siemens AG, Stantec Inc., STORNETIC GmbH, The Boeing Co., and VYCON Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth in advanced energy storage market."
According to the report, one of the major drivers for this market is the growth in data center construction market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Active Power Solutions Ltd.
- Amber Kinetics Inc.
- Beacon Power LLC
- Calnetix Technologies LLC
- ENERGIESTRO
- FREQCON GmbH
- Langley Holdings Plc
- Omnes Energy
- Oxto Ltd.
- POWERTHRU
- PUNCH Flybrid
- Revterra
- Rotonix USA Inc.
- Schneider Electric SE
- Schwungrad Energie
- Siemens AG
- Stantec Inc.
- STORNETIC GmbH
- The Boeing Co.
- VYCON Inc.
