Japan Flywheel Energy Storage System Market Size & Outlook
Japan flywheel energy storage system market, 2018-2030 (US$K)
Related Markets
Japan flywheel energy storage system market highlights
- The Japan flywheel energy storage system market generated a revenue of USD 1,865.3 thousand in 2023 and is expected to reach USD 3,476.6 thousand by 2030.
- The Japan market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, distributed energy generation was the largest revenue generating application in 2023.
- UPS is the most lucrative application segment registering the fastest growth during the forecast period.
Flywheel energy storage system market data book summary
| Market revenue in 2023 | USD 1,865.3 thousand |
| Market revenue in 2030 | USD 3,476.6 thousand |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Distributed energy generation |
| Fastest growing segment | UPS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | UPS, Distributed Energy Generation, Transport, Data Centers |
| Key market players worldwide | Longfor Group Holdings Ltd, Magic Software Enterprises Ltd, Phillips 66, TotalEnergies SE, Volcon Inc, Tianjin Port Development Holdings Ltd, Kinetic Development Group Ltd |
Other key industry trends
- In terms of revenue, Japan accounted for 0.4% of the global flywheel energy storage system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan flywheel energy storage system market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,476.6 thousand by 2030.
Key Regions: U.S. , UK , Brazil , Germany , South Korea
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Flywheel Energy Storage System Market Scope
Flywheel Energy Storage System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan flywheel energy storage system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flywheel energy storage system market will help companies and investors design strategic landscapes.
Distributed energy generation was the largest segment with a revenue share of 23.35% in 2023. Horizon Databook has segmented the Japan flywheel energy storage system market based on ups, distributed energy generation, transport, data centers covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is the technological hub of the Asia Pacific region. Major electronic players such as Panasonic Corporation and Hitachi, Ltd. are based in Japan. Also, major automobile manufacturers such as Honda, Nissan, and Toyota are headquartered in this country. The flywheel energy storage systems market in Japan is driven by growing demand from the transport and energy storage sectors.
The Japanese energy storage market received a tremendous boost in 2015 when the Japanese Ministry of Economy, Trade and Industry (METI) decided to allocate USD 700 million for the deployment of energy storage projects in the country. Advantages of flywheel energy storage systems such as low maintenance and longer life have resulted in growing popularity of flywheel systems.
Reasons to subscribe to Japan flywheel energy storage system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan flywheel energy storage system market databook
-
Our clientele includes a mix of flywheel energy storage system market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan flywheel energy storage system market , including forecasts for subscribers. This country databook contains high-level insights into Japan flywheel energy storage system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan flywheel energy storage system market size, by application, 2018-2030 (US$K)
Japan Flywheel Energy Storage System Market Outlook Share, 2023 & 2030 (US$K)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
