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Request Now !The global flywheel UPS market is experiencing significant growth, and is expected to grow considerably in the next few years. Key trend in the global market for flywheel UPS is rise in usage of flywheel UPS in renewable energy and defense industries.
Flywheels aid in integration of wind & solar energy into power networks, thus enhancing system stability. Quick reaction qualities of flywheels make them ideal alternatives in applications that use renewable energy systems (RES) for grid frequency balancing. The market is expected to be driven by rise in the energy storage sector and surge in need of uninterrupted and sustainable energy supplies. Flywheels store visceral energy and regenerates electricity via rotor inertia. Grid balancing, isolated grid power supply, and sustainable integration are all common uses for the method.
Market Scope and Structure Analysis
Description
Rotating flywheel at a speed of 37K rpm transfers kinetic energy into electrical energy, which is stored in UPS. In a UPS system, the flywheel converts kinetic energy into Dc power and transmits it to the UPS. In the case of a power outage, it is supplied as an AC power source by the UPS. The flywheel UPS market is segmented on the basis of distribution channel, industry, application, and region. By distribution channel, the flywheel UPS market is segmented into indirect sales and direct sales (OEM). On the basis of industry type, it is classified as manufacturing, oil & gas, automotive, aerospace & defense, railway, and others. By application, it is segmented into datacenters, wind turbines, medical imaging, aircraft launching systems, broadcast, and lifts. Region wise, the flywheel UPS market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Distribution Channel, Industry, Application, and Region. |
Companies Covered | ABB, Schneider Electric, Active Power (Germany) GmbH, Gmmco (Caterpillar), General Electric, Electronics Representatives Association, Eaton, HITEC ELECTRIC ELEKTRONIK TIC., LTD., STI, VYCON, Mitsubishi Electric Power Products Inc., and ELYTT ENERGY |
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Key Market Segments
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