Lucintel Forecasts the Global Flywheel Energy Storage Power Supply Market to Grow with a CAGR of 5.7% from 2025 to 2031
Lucintel Forecasts the Global Flywheel Energy Storage Power Supply Market to Grow with a CAGR of 5.7% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global flywheel energy storage power supply market looks promising with opportunities in the power grid, new energy vehicle, data center, and medical markets. The global flywheel energy storage power supply market is expected to grow with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are increasing demand for renewable energy, rise in power grid stability needs, and growing demand for energy-efficient storage systems.
A more than 150-page report to understand trends, opportunity and forecast in global flywheel energy storage power supply market to 2031 by type (power type and energy type), application (power grid, new energy vehicles, data center, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, energy type is expected to witness higher growth over the forecast period due to increasing demand for sustainable power storage solutions.
Within the application category, power grid is expected to witness the highest growth due to increasing demand for reliable energy storage & grid stabilization.
In terms of region, North America is expected to witness the highest growth over the forecast period due to increasing investments in renewable energy and grid stability.
Honghui International Energy Technology, Beacon New Energy, Qifeng Energy Technology, Huachi Dynamic Energy Technology, Henry Technology are the major suppliers in the flywheel energy storage power supply market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056