Market revenue in 2023 | USD 10,927.0 thousand |
Market revenue in 2030 | USD 20,576.4 thousand |
Growth rate | 9.5% (CAGR from 2023 to 2030) |
Largest segment | Distributed energy generation |
Fastest growing segment | Distributed Energy Generation |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 30.61% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The MEA accounted for around 2.4% of the global flywheel energy storage systems market in 2019. Although this region does not have too many players of flywheel energy storage systems, some of the major companies cater to this region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa flywheel energy storage system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flywheel energy storage system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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