Flywheel Energy Storage Systems Market Report 2025 (Global Edition)

Global Flywheel Energy Storage Systems Market Report 2025 Market Size Split by Type (High Speed Motor Generator, Active Magnetic Bearings, Control System), by Application (Uninterruptible Power Supply...

Flywheel Energy Storage Systems Market Report Description

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The Flywheel Energy Storage System (FESS) market is highly competitive and dynamic, characterized by the presence of numerous key players striving to meet the growing global demand for reliable, efficient, and rapid-response energy storage solutions. The increasing need for uninterrupted power across critical infrastructure and industrial operations is pushing companies to develop innovative flywheel technologies capable of delivering high performance and long operational life. This demand is especially pronounced in sectors relying heavily on continuous energy, such as electronics manufacturing, renewable energy integration, and smart grid implementation.
Leading players in the market, including Beacon Power, Amber Kinetics, Calnetix Technologies, and Temporal Power, have established a strong global presence with a wide range of FESS products tailored to different application needs. These companies are heavily investing in research and development to enhance the efficiency, durability, and scalability of their systems. Strategic collaborations, partnerships, and mergers are common as firms seek to expand their market reach and leverage technological synergies. For instance, Amber Kinetics’ expansion in the Philippines and international export efforts highlight how companies are responding to rising global demand. In summary, the competitive landscape of the FESS market is defined by technological innovation, regional diversification, and strategic alliances, all aimed at addressing the world’s growing need for stable and sustainable energy storage.
 

Top Companies Market Share in Flywheel Energy Storage Systems Industry: (In no particular order of Rank)

• Siemens
• Active Power
• PowerTHRU
• Amber Kinetics
• Beacon Power
• Boeing Management
• Calnetix Technologies
• CCM
• GKN Hybrid Power
• Kinetic Traction
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Which Region will dominate the Market in 2024, and Which Region is Expanding at the Fastest CAGR?

In 2024, Asia Pacific is expected to dominate the global flywheel energy storage systems market, accounting for the majority share due to its high demand for uninterrupted electricity and rapid industrialization. Countries like China, India, Japan, South Korea, and the Philippines are aggressively adopting flywheel energy storage solutions thanks to their efficiency, long lifecycle, and minimal maintenance needs. The region is also investing heavily in hybrid storage systems to enhance grid reliability and integrate renewable energy sources. For instance, in March 2022 China’s Huainan Corporation project in Shuozhou began constructing the country's first hybrid flywheel + battery storage project for frequency regulation.( https://en.cnesa.org/new-blog/2022/5/16/lithium-ion-battery-flywheel-hybrid-storage-system-was-firstly-used-in-frequency-regulation-in-grid-of-china#:~:text=May%2016%2C%202022-,Lithium%2Dion%20Battery%20+%20Flywheel%20Hybrid%20Storage%20System%20Was%20Firstly%20Used,Regulation%20in%20Grid%20of%20China&text=The%20high%2Dpower%20maglev%20flywheel,frequency%20regulation%20scenario%20in%20China.)  This project, with a 2MW flywheel component and a $4.6 million budget, marks a major milestone in the region’s commitment to advanced energy storage, supporting the rising demand for stable power supply in industrial and urban areas.
North America, particularly the United States, is emerging as one of the most lucrative markets for flywheel energy storage due to its focus on grid modernization, clean energy targets, and demand for reliable backup power. The U.S. holds a major share of installed capacity in the region and has actively trailed new FESS technologies, such as the Punch Flybrid system tested in April 2021. (https://www.constructionnews.co.uk/sustainability/kier-trials-formula-1-tech-to-cut-diesel-emissions-14-04-2021/)  Canada, meanwhile, is rapidly gaining momentum with innovative projects that focus on clean, indigenous energy solutions. For Instance, NRStor project, which, in collaboration with the Six Nations of the Grand River Development Corporation, is building Canada’s first large-scale commercial FESS project, targeting carbon-free hydropower integration. (https://nrstor.com/2023/02/09/nrstor-and-partners-execute-major-agreements-for-1000-mwh-oneida-energy-storage-project/) This positions North America as both a mature and expanding market with high innovation potential. In conclusion, Asia Pacific dominates in size, North America leads in technological trials and commercial readiness, while Europe stands out as the fastest-growing market driven by sustainability and regulatory support.
 

The current report Scope analyzes Flywheel Energy Storage Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Flywheel Energy Storage Systems Market Analysis

Type Segment Analysis of Flywheel Energy Storage Systems Market

Based on the current trends and future market projects, Flywheel Energy Storage Systems market size is projected from 2019 to 2031, with both quantitative and qualitative analysis based on the Type segmentation analysis of the Flywheel Energy Storage Systems. This helps to understand the fastest-growing segments, such as industrial robots, electric motors, material handling systems, or construction equipment, and others. Type segment analysis gives detailed insights into the factors driving growth, such as technological innovations, automation, and energy efficiency. For instances segments like smart machinery and electric-powered equipment are becoming more popular as industries move towards sustainable and cost-effective solutions.

To better understand the performance of each Type segment, several factors are considered. These include technological advancements like IoT and AI integration, changes in consumer demand for more energy-efficient or customizable operation and pricing trends driven by raw material costs and labor. Regulatory impacts also play a role, especially with environmental and safety regulations. This type of analysis offers a clear view of how different types will evolve over time, helping businesses make smarter decisions on investments and strategies. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)

Type of Flywheel Energy Storage Systems analyzed in this report are as follows:

• High Speed Motor Generator
• Active Magnetic Bearings
• Control System

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Flywheel Energy Storage Systems Industry. Request a Free Sample PDF!

The flywheel energy storage systems market is segmented by application into uninterrupted power supply (UPS), distributed energy generation, transport, data centres, and others. 
Among these, the UPS segment held the largest market share in 2024, driven by the rising global demand for stable and continuous energy access. As power consumption grows, highlighted by a 6% global energy demand increase in 2021, according to the International Energy Agency (IEA),( https://www.iea.org/reports/global-energy-review-2021/electricity) so does the need to mitigate interruptions and voltage fluctuations that threaten critical operations. Flywheel systems are increasingly preferred in UPS applications due to their quick response time and long operational life, offering a reliable solution for energy continuity.
The distributed energy generation segment is also showing strong performance in the market, especially in regions vulnerable to natural disasters. Flywheel energy systems are being adopted in such areas due to their ability to deliver immediate backup power without relying on fuel-based generators. Their low maintenance and resilience to harsh conditions make them ideal for distributed energy setups that aim to provide local, autonomous electricity during grid outages. As energy decentralization and grid modernization efforts gain momentum globally, the demand for flywheel technology in distributed systems is expected to grow further, making it a key segment in the future of energy infrastructure.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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