In a recent research report by Maximize Market Research, the Global Flywheel Energy Storage System market is expected to surpass US $469.30 million by the year 2027, from US $303.75 million in 2020.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up at a quick pace, registering a CAGR of almost 7.52% during the tenure of 2021-2027.
The report published by Maximize encompasses the market dynamics which could affect the market growth of the Global flywheel energy storage system in the region, the Value-Chain Analysis, and Porter’s Analysis for the market at a global level.
The study is consolidated based on segments and further into sub-segments, based on Application (Uninterruptible Power Supply (UPS), Distributed Energy Generation (DEG), Automotive, Data Center, Defense, and Aerospace).
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Active Power, Amber Kinetics Inc., Beacon Power LLC, Calnetix Technologies, LLC., Piller Group GmbH, Powerthru, Vycon, Inc., Stornetic GmbH, Energiestro, Oxto Energy, Langley Holding PLC, Schwungrad Energie Ltd., Phillips Service Industries Inc., Kinetic Traction Systems, Beijing Qifeng, Punch Flybrid, BC New Energy, and Others.
You can browse the market data tables and figures spread through a comprehensive research report and an in-depth TOC on the “Global Flywheel Energy Storage System Market.”
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