Flywheel power systems, also known as flywheel energy storage (FES) systems, are power storage devices that store kinetic energy in a rotating flywheel. The flywheel rotors are coupled with an integral motor-generator that is contained in the housing. The motor-generator is used to store and then harness energy from the rotating flywheel. The use of a flywheel power system can improve the overall life and reliability of an uninterruptible power supply (UPS), harness kinetic energy in high load or cyclic braking operations, replace or augment batteries, regulate power frequency, and ultimately provide a sustainable means for energy conservation.
This report contains market size and forecasts of Flywheel Power Systems in global, including the following market information:
Global Flywheel Power Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Flywheel Power Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Flywheel Power Systems companies in 2021 (%)
The global Flywheel Power Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC Three Phase Power Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flywheel Power Systems include Active Power, Inc., Beacon Power, LLC, Acumentrics, Inc., AFS Trinity Power Corporation, Calnetix Technologies, LLC, K-TRONIX S.A. de C.V., L-3 Communications Magnet-Motor GmbH, Piller Group GmbH and Satcon Technology Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flywheel Power Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flywheel Power Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flywheel Power Systems Market Segment Percentages, by Type, 2021 (%)
AC Three Phase Power
DC Power
Global Flywheel Power Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flywheel Power Systems Market Segment Percentages, by Application, 2021 (%)
Industry
Agriculture
Car
Others
Global Flywheel Power Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flywheel Power Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flywheel Power Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Flywheel Power Systems revenues share in global market, 2021 (%)
Key companies Flywheel Power Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Flywheel Power Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Active Power, Inc.
Beacon Power, LLC
Acumentrics, Inc.
AFS Trinity Power Corporation
Calnetix Technologies, LLC
K-TRONIX S.A. de C.V.
L-3 Communications Magnet-Motor GmbH
Piller Group GmbH
Satcon Technology Corporation
Thermotech Enterprises, Inc.
URENCO UK, Limited
Vycon