Flywheel Energy Storage Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Flywheel Energy Storage Market is segmented By Utility (Residential Utility, Commercial Utility, Industrial Utility), By Transportation (Personal Tran....
Flywheel Energy Storage Market Size
Market Size in USD
CAGR2.84%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 2.84% |
| Market Concentration | High |
| Major Players | Langley Holdings plc, Amber Kinetics, Inc, VYCON, PUNCH Flybrid, OXTO Energy |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report?
please let us know !
please let us know !
Flywheel Energy Storage Market Analysis
The flywheel energy storage market is estimated to be valued at USD 1.43 Billion in 2024 and is expected to reach USD 1.74 Billion by 2031, growing at a compound annual growth rate (CAGR) of 2.84% from 2024 to 2031. The flywheel energy storage market is set to witness substantial growth owing to increasing demand for grid-level energy storage.