Flywheel Energy Storage Systems Market To Reach $631.81 Billion By 2030

Flywheel Energy Storage System Market Growth & Trends

The global flywheel energy storage systems market size is expected to reach USD 631.81 billion by 2030, registering a CAGR of 5.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rise in climate change issues and environmental concerns led various countries, around the world, to reduce their carbon footprint for power generation and transportation sector and to opt for cleaner and green energy technologies owing to the demand for flywheel energy storage is growing in its specific application segments.

The data center is the highest penetration application segment in the flywheel energy storage market due to the growing demand for energy storage devices, in order to overcome the risk of interruptions at the main power supply. UPS, with the second-highest penetration, is one of the most important application areas of flywheel energy storage systems. The growing demand for uninterrupted power supply from industries across various sectors is driving the market for UPS.

During the forecast period, the penetration of the distributed energy generation segment is projected to grow at the highest rate. This method of power generation helps in cost reduction as the power is generated at the point of consumption. Besides, the generation of power on-site eliminates inefficiencies and complexities associated with transmission and distribution.

The North America region is leading the market in 2021. The North American flywheel energy storage market is characterized by growing demand for UPS systems, to maintain a continuous supply of power for commercial and industrial applications.

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Flywheel Energy Storage Systems Market Report Highlights

• Based on application, others held the market with the largest revenue share of 45.55% in 2024. Frequency regulation applications of flywheels are included in this segment.

• Distributed energy generation involves producing power at the place of consumption. This method has several advantages, such as eliminating costs, inefficiencies, and complexities related to power generation compared to centrally generated power.

• North America dominated the global flywheel energy storage systems market and accounted for the largest revenue share of over 78.15% in 2024.

Flywheel Energy Storage System Market Segmentation

Grand View Research has segmented the global flywheel energy storage systems market on the basis of application and region:

Flywheel Energy Storage Systems Application Outlook (Volume, Kilo Watts; Revenue, USD Million, 2018 - 2030)

• UPS

• Distributed Energy Generation

• Transport

• Data Centres

• Others

Flywheel Energy Storage Systems Regional Outlook (Volume, Kilo Watts; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • Italy

  • Spain

  • France

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

  • UAE

List of Key Players of Flywheel Energy Storage Systems Market

• Langley Holdings plc

• Amber Kinetics, Inc.

• Stornetic GmbH

• Energiestro

• VYCON, Inc.

• Bc New Energy (Tianjin) Co., Ltd. (BNE)

• Beacon Power, LLC

• PUNCH Flybrid

• Kinetic Traction Systems, Inc