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.
Scope of the Report:This report focuses on the Flywheel Energy Storage (FES) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The Global Flywheel Energy Storage (FES) Systems Market is estimated to witness high growth at a rising CAGR in forthcoming period. The flywheel is a mechanical device that moves when a torque is applied aligned with its axis of symmetry. Flywheels are typically made of steel and rotate around its axis on conventional bearings. The flywheel resists changes in rotational speed by moment of inertia. The amount of energy stored in the flywheels is proportional to square of its rotational speed. Flywheels are used in applications when energy required is more than the ability it can deliver and this is done by storing energy in flywheel over time and then releasing the energy quickly.
The worldwide market for Flywheel Energy Storage (FES) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Beacon Power
Active Power
Siemens
Calnetix Technologies
Alstom Transport
POWERTHRU
AFS Trinity Power
Amber Kinetics
CCM
GKN Hybrid Power
Gloyer-Taylor Laboratories LLC
Kinetic Traction Systems
Piller Group
STORNETIC
Temporal Power
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Steel Rims
Composite Rims
Others
Market Segment by Applications, can be divided into Transportation
UPS
Wind Turbines
Automobile
Others
There are 15 Chapters to deeply display the global Flywheel Energy Storage (FES) market.
Chapter 1, to describe Flywheel Energy Storage (FES) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Flywheel Energy Storage (FES), with sales, revenue, and price of Flywheel Energy Storage (FES), in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Flywheel Energy Storage (FES), for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Flywheel Energy Storage (FES) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Flywheel Energy Storage (FES) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.