Flywheel Energy Storage (FES) Systems Market Growth Analysis, Trends Forecast by Regions and Types to 2022
The Global Flywheel Energy Storage (FES) Systems Market is estimated to witness high growth at a rising CAGR in forthcoming period. The flywheel is a mechanical device that moves when a torque is applied aligned with its axis of symmetry. Flywheels are typically made of steel and rotate around its axis on conventional bearings. The flywheel resists changes in rotational speed by moment of inertia. The amount of energy stored in the flywheels is proportional to square of its rotational speed. Flywheels are used in applications when energy required is more than the ability it can deliver and this is done by storing energy in flywheel over time and then releasing the energy quickly.
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The Global Flywheel Energy Storage (FES) Systems Market is estimated to witness high growth at a rising CAGR in forthcoming period. The flywheel is a mechanical device that moves when a torque is applied aligned with its axis of symmetry. Flywheels are typically made of steel and rotate around its axis on conventional bearings. The flywheel resists changes in rotational speed by moment of inertia. The amount of energy stored in the flywheels is proportional to square of its rotational speed. Flywheels are used in applications when energy required is more than the ability it can deliver and this is done by storing energy in flywheel over time and then releasing the energy quickly.
