Global Flywheel Energy Storage Systems Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

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 industry's leading producers are Piller, Calnetix Technologies and ABB, with revenue ratios of 45.61%, 16.73% and 5.93%, respectively, in 2019.

Market Analysis and Insights: Global Flywheel Energy Storage Systems Market
The research report studies the Flywheel Energy Storage Systems market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Flywheel Energy Storage Systems market size is projected to reach US$ 224.2 million by 2026, from US$ 142.2 million in 2020, at a CAGR of 7.9% during 2021-2026.

Global Flywheel Energy Storage Systems Scope and Segment
The global Flywheel Energy Storage Systems market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Flywheel Energy Storage Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Flywheel Energy Storage Systems market is segmented into
Less than 500KW
500-1000KW
More than 1000KW

Segment by Application, the Flywheel Energy Storage Systems market is segmented into
UPS
Electricity Grid
Transportation

Global Flywheel Energy Storage Systems market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Piller
Calnetix Technologies
ABB
POWERTHRU
PUNCH Flybrid
Amber Kinetic
Beijing Qifeng
Bc New Energy
Kinetic Traction Systems