Global Flywheel Energy Storage (FES) Market Insights and Forecast to 2026

In this report, the Global Flywheel Energy Storage (FES) market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Flywheel Energy Storage (FES) market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.
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.
Market Analysis and Insights: Global Flywheel Energy Storage (FES) Market
The global Flywheel Energy Storage (FES) market size is projected to reach US$ 246.8 million by 2026, from US$ 234 million in 2020, at a CAGR of 5.0%% during 2021-2026.
Global Flywheel Energy Storage (FES) Scope and Segment
Flywheel Energy Storage (FES) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Flywheel Energy Storage (FES) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
The following manufacturers are covered in this report:
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
Flywheel Energy Storage (FES) Breakdown Data by Type
Steel Rims
Composite Rims
Others
Flywheel Energy Storage (FES) Breakdown Data by Application
Transportation
UPS
Wind Turbines
Automobile
Others
Regional and Country-level Analysis
The Flywheel Energy Storage (FES) market is analysed and market size information is provided by regions (countries).
The key regions covered in the Flywheel Energy Storage (FES) market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.
Competitive Landscape and Flywheel Energy Storage (FES) Market Share Analysis

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