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Flywheel Energy Storage-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Flywheel Energy Storage market size is expected to reach US$ 197.4 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Flywheel Energy Storage in various end use industries. The expanding demands from the Transportation, UPS, Distributed Power Generation and Others, are propelling Flywheel Energy Storage market. Based on Synchronous Motor Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Based on Reluctance Motor Type segment is estimated at % CAGR for the next seven-year 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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Flywheel Energy Storage, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Flywheel Energy Storage market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Flywheel Energy Storage market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flywheel Energy Storage sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Flywheel Energy Storage covered in this report include EnSync Energy, Beacon Power, Siemens, GKN Hybrid Power, Active Power, Calnetix Technologies, Vycon Energy, Temporal Power Ltd and Pentadyne Power Corporation, etc.
The global Flywheel Energy Storage market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Flywheel Energy Storage market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Flywheel Energy Storage market, Segment by Type:
Based on Synchronous Motor Type
Based on Reluctance Motor Type
Based on Induction Motor Type
Global Flywheel Energy Storage market, by Application
Transportation
UPS
Distributed Power Generation
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Flywheel Energy Storage companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Flywheel Energy Storage market size is expected to reach US$ 197.4 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Flywheel Energy Storage in various end use industries. The expanding demands from the Transportation, UPS, Distributed Power Generation and Others, are propelling Flywheel Energy Storage market. Based on Synchronous Motor Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Based on Reluctance Motor Type segment is estimated at % CAGR for the next seven-year 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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Flywheel Energy Storage, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Flywheel Energy Storage market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Flywheel Energy Storage market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flywheel Energy Storage sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Flywheel Energy Storage covered in this report include EnSync Energy, Beacon Power, Siemens, GKN Hybrid Power, Active Power, Calnetix Technologies, Vycon Energy, Temporal Power Ltd and Pentadyne Power Corporation, etc.
The global Flywheel Energy Storage market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Flywheel Energy Storage market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Flywheel Energy Storage market, Segment by Type:
Based on Synchronous Motor Type
Based on Reluctance Motor Type
Based on Induction Motor Type
Global Flywheel Energy Storage market, by Application
Transportation
UPS
Distributed Power Generation
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Flywheel Energy Storage companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Flywheel Energy Storage
1.1 Flywheel Energy Storage Market Overview
1.1.1 Flywheel Energy Storage Product Scope
1.1.2 Flywheel Energy Storage Market Status and Outlook
1.2 Global Flywheel Energy Storage Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Flywheel Energy Storage Market Size by Region (2018-2029)
1.4 Global Flywheel Energy Storage Historic Market Size by Region (2018-2023)
1.5 Global Flywheel Energy Storage Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Flywheel Energy Storage Market Size (2018-2029)
1.6.1 North America Flywheel Energy Storage Market Size (2018-2029)
1.6.2 Europe Flywheel Energy Storage Market Size (2018-2029)
1.6.3 Asia-Pacific Flywheel Energy Storage Market Size (2018-2029)
1.6.4 Latin America Flywheel Energy Storage Market Size (2018-2029)
1.6.5 Middle East & Africa Flywheel Energy Storage Market Size (2018-2029)
2 Flywheel Energy Storage Market by Type
2.1 Introduction
2.1.1 Based on Synchronous Motor Type
2.1.2 Based on Reluctance Motor Type
2.1.3 Based on Induction Motor Type
2.2 Global Flywheel Energy Storage Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Flywheel Energy Storage Historic Market Size by Type (2018-2023)
2.2.2 Global Flywheel Energy Storage Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Flywheel Energy Storage Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Flywheel Energy Storage Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Flywheel Energy Storage Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Flywheel Energy Storage Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Flywheel Energy Storage Revenue Breakdown by Type (2018-2029)
3 Flywheel Energy Storage Market Overview by Application
3.1 Introduction
3.1.1 Transportation
3.1.2 UPS
3.1.3 Distributed Power Generation
3.1.4 Others
3.2 Global Flywheel Energy Storage Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Flywheel Energy Storage Historic Market Size by Application (2018-2023)
3.2.2 Global Flywheel Energy Storage Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Flywheel Energy Storage Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Flywheel Energy Storage Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Flywheel Energy Storage Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Flywheel Energy Storage Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Flywheel Energy Storage Revenue Breakdown by Application (2018-2029)
4 Flywheel Energy Storage Competition Analysis by Players
4.1 Global Flywheel Energy Storage Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Flywheel Energy Storage as of 2022)
4.3 Date of Key Players Enter into Flywheel Energy Storage Market
4.4 Global Top Players Flywheel Energy Storage Headquarters and Area Served
4.5 Key Players Flywheel Energy Storage Product Solution and Service
4.6 Competitive Status
4.6.1 Flywheel Energy Storage Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 EnSync Energy
5.1.1 EnSync Energy Profile
5.1.2 EnSync Energy Main Business
5.1.3 EnSync Energy Flywheel Energy Storage Products, Services and Solutions
5.1.4 EnSync Energy Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.1.5 EnSync Energy Recent Developments
5.2 Beacon Power
5.2.1 Beacon Power Profile
5.2.2 Beacon Power Main Business
5.2.3 Beacon Power Flywheel Energy Storage Products, Services and Solutions
5.2.4 Beacon Power Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.2.5 Beacon Power Recent Developments
5.3 Siemens
5.3.1 Siemens Profile
5.3.2 Siemens Main Business
5.3.3 Siemens Flywheel Energy Storage Products, Services and Solutions
5.3.4 Siemens Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.3.5 GKN Hybrid Power Recent Developments
5.4 GKN Hybrid Power
5.4.1 GKN Hybrid Power Profile
5.4.2 GKN Hybrid Power Main Business
5.4.3 GKN Hybrid Power Flywheel Energy Storage Products, Services and Solutions
5.4.4 GKN Hybrid Power Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.4.5 GKN Hybrid Power Recent Developments
5.5 Active Power
5.5.1 Active Power Profile
5.5.2 Active Power Main Business
5.5.3 Active Power Flywheel Energy Storage Products, Services and Solutions
5.5.4 Active Power Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.5.5 Active Power Recent Developments
5.6 Calnetix Technologies
5.6.1 Calnetix Technologies Profile
5.6.2 Calnetix Technologies Main Business
5.6.3 Calnetix Technologies Flywheel Energy Storage Products, Services and Solutions
5.6.4 Calnetix Technologies Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.6.5 Calnetix Technologies Recent Developments
5.7 Vycon Energy
5.7.1 Vycon Energy Profile
5.7.2 Vycon Energy Main Business
5.7.3 Vycon Energy Flywheel Energy Storage Products, Services and Solutions
5.7.4 Vycon Energy Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.7.5 Vycon Energy Recent Developments
5.8 Temporal Power Ltd
5.8.1 Temporal Power Ltd Profile
5.8.2 Temporal Power Ltd Main Business
5.8.3 Temporal Power Ltd Flywheel Energy Storage Products, Services and Solutions
5.8.4 Temporal Power Ltd Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.8.5 Temporal Power Ltd Recent Developments
5.9 Pentadyne Power Corporation
5.9.1 Pentadyne Power Corporation Profile
5.9.2 Pentadyne Power Corporation Main Business
5.9.3 Pentadyne Power Corporation Flywheel Energy Storage Products, Services and Solutions
5.9.4 Pentadyne Power Corporation Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.9.5 Pentadyne Power Corporation Recent Developments
5.10 Kinetech Power Company
5.10.1 Kinetech Power Company Profile
5.10.2 Kinetech Power Company Main Business
5.10.3 Kinetech Power Company Flywheel Energy Storage Products, Services and Solutions
5.10.4 Kinetech Power Company Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.10.5 Kinetech Power Company Recent Developments
5.11 Langley Holdings
5.11.1 Langley Holdings Profile
5.11.2 Langley Holdings Main Business
5.11.3 Langley Holdings Flywheel Energy Storage Products, Services and Solutions
5.11.4 Langley Holdings Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.11.5 Langley Holdings Recent Developments
5.12 Amber Kinetics
5.12.1 Amber Kinetics Profile
5.12.2 Amber Kinetics Main Business
5.12.3 Amber Kinetics Flywheel Energy Storage Products, Services and Solutions
5.12.4 Amber Kinetics Flywheel Energy Storage Revenue (US$ Million) & (2018-2023)
5.12.5 Amber Kinetics Recent Developments
6 North America
6.1 North America Flywheel Energy Storage Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Flywheel Energy Storage Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Flywheel Energy Storage Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Flywheel Energy Storage Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Flywheel Energy Storage Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Flywheel Energy Storage Market Dynamics
11.1 Flywheel Energy Storage Industry Trends
11.2 Flywheel Energy Storage Market Drivers
11.3 Flywheel Energy Storage Market Challenges
11.4 Flywheel Energy Storage Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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