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The flywheel energy storage market size is forecast to increase by USD 224.2 billion at a CAGR of 9.4% between 2023 and 2028. Market growth depends on several factors, including the significant expansion in the data center construction market, which is notably driving demand. One key trend shaping the market is the growth in advanced energy storage solutions, as businesses and consumers seek more efficient and renewable energy options. However, the market also faces challenges, with competition from fossil fuels being a major hurdle that impacts growth. As renewable energy sources gain traction, balancing this competition will be crucial for sustaining long-term growth in the sector. Together, these dynamics influence the overall trajectory of the market, highlighting both opportunities and obstacles.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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