Distributed Energy Generation - Flywheel Energy Storage System Market Statistics
The global distributed energy generation flywheel energy storage system market size was valued at US$ 113,740.7 thousand in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 12.9% from 2023 to 2030.
Distributed energy generation - Flywheel energy storage system market highlights
- The global distributed energy generation segment generated a revenue of USD 113,740.7 thousand in 2023 and is expected to reach USD 265,816.2 thousand by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13% by 2030.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 113,740.7 thousand |
| Market revenue in 2030 | USD 265,816.2 thousand |
| Growth rate | 13% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
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Flywheel Energy Storage System Market Scope
Flywheel energy storage system market segmentation & scope
Flywheel Energy Storage System Market Outlook
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