Global and Japan Flywheel Energy Storage (FES) Market Insights, Forecast to 2027

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 and Japan Flywheel Energy Storage (FES) Market
This report focuses on global and Japan Flywheel Energy Storage (FES) market.
In 2020, the global Flywheel Energy Storage (FES) market size was US$ 234 million and it is expected to reach US$ 331.6 million by the end of 2027, with a CAGR of 5.0% during 2021-2027. In Japan the Flywheel Energy Storage (FES) market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Flywheel Energy Storage (FES) Scope and Market Size
Flywheel Energy Storage (FES) market is segmented by region (country), players, 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 revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Flywheel Energy Storage (FES) market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
Steel Rims
Composite Rims
Others

Segment by Application
Transportation
UPS
Wind Turbines
Automobile
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
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