Flywheel Energy Storage (FES) Market Research Report 2023: Beacon Power, Amber Kinetics

The global Flywheel Energy Storage (FES) market size was valued at USD 325.23 Million in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 9.5.% from 2022 to 2030.

Flywheel Energy Storage (FES) uses a rotor accelerated at a very high speed and maintains the energy in the system as rotational energy. When energy is removed from the system, the flywheel's rotation is reduced due to energy conservation. Adding energy to the system increases its speed. These systems use electric energy input, which is stored as kinetic energy.

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Flywheel energy storage (FES) systems operate by spinning a flywheel at a high frequency and storing energy in the form of rotary energy in the device. When the energy is captured, the fly-rotational wheel's speed is reduced as a result of the energy savings principle; adding more power to the device causes the fly-wheel speed to increase. The modern FES systems are generally made up of composites of high-performance carbon-fiber rotors suspended by magnet bearings and rotating at speeds ranging from 20,000 to over 50,000 rpm in a vacuum environment.

This study provides a thorough analysis of the global Flywheel Energy Storage (FES) market.

Manufacturers, regions, countries, types, and applications are offered along with quantitative and qualitative assessments. This research examines the competition, supply and demand trends, as well as important elements that influence the market's shifting demands across a variety of markets because the market is continuously evolving. Along with market share projections for some of the chosen leaders for the year 2023, company profiles and product examples of chosen competitors are also supplied.

LIST OF KEY COMPANIES PROFILED:
Active Power (U.S.)
Amber Kinetics, Inc (U.S.)
Beacon Power, LLC (U.S.)
Calnetix Technologies, LLC (U.S.)
Piller Group GmbH (Germany)
Powerthru (U.S.)
VYCON, Inc (U.S.)
Stornetic GmbH (Germany)
Energiestro (France)
Oxto Energy (U.K.)
Revterra (U.S.)
Adaptive Balancing Power GmbH (Germany)

Global Flywheel Energy Storage (FES) Market Segmentation:
By Market Type
• Steel Rims
• Composite Rims
• Others
By Application
• Transportation
• UPS
• Wind Turbines
• Automobile
• Industrial
• Aerospace
• Marine
• Data Centers
• Residential

The report provides precise information about each Flywheel Energy Storage (FES) market's key players and upcoming competitors. Their global standing, economic activity, plans, product launches, R&D activities, as well as SWOT analysis, revenue share, and contact information are shared in this analysis report. The business strategies of important players and recent market entrants, such as collaborations, mergers and acquisitions, joint ventures, and partnerships, are thoroughly examined.

Growth Factors:
Increasing demand for energy storage solutions due to the rise in renewable energy installations
FES systems are becoming more cost-effective as technology improves and manufacturing processes are refined
Governments are increasingly providing incentives for the installation of FES systems, which is accelerating market growth
The need for grid stability and frequency regulation services is driving demand for fast-responding FES systems
The growing interest in using FES systems to provide backup power during outages or emergencies

Key Benefits for Industry Participants & Stakeholders:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Flywheel Energy Storage (FES) Market

Region Included are:
North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Table of Content: Flywheel Energy Storage (FES) Market
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Flywheel Energy Storage (FES) market
Chapter 2: Exclusive Summary - the basic information of the Flywheel Energy Storage (FES) Market
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Flywheel Energy Storage (FES) Market
Chapter 4: Presenting the Flywheel Energy Storage (FES) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Flywheel Energy Storage (FES) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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The final report will add the analysis of the Impact of Covid-19 in this report Flywheel Energy Storage (FES) Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Flywheel Energy Storage (FES) Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Flywheel Energy Storage (FES) Market is analyzed and depicted in the report.

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