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Compressed Air Energy Storage-Global Market Insights and Sales Trends 2024
Synopsis
Compressed air energy storage, as the name suggests, is a technique for storing energy by using compressed air. Energy is generally stored for utilizing it later to meet the high demand during peak hours.
The global Compressed Air Energy Storage market size is expected to reach US$ 13970 million by 2029, growing at a CAGR of 20.9% from 2023 to 2029. The market is mainly driven by the significant applications of Compressed Air Energy Storage in various end use industries. The expanding demands from the Power Station, Distributed Energy System, Automotive Power and Other, are propelling Compressed Air Energy Storage market. Traditional Compressed Air Energy Storage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Liquid Gas Compressed Air Energy Storage segment is estimated at % CAGR for the next seven-year period.
Compressed air energy storage has been the most prevalent form of energy storage after pumped-hydro technology. Compressed air energy storage is preferred because of its higher efficiency, greater reliability, and economic feasibility when compared to other energy storage technologies.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Compressed Air Energy Storage, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Compressed Air Energy Storage market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Compressed Air Energy Storage market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Compressed Air Energy Storage sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Compressed Air Energy Storage covered in this report include Dresser-Rand Group, General Compression, Hydrostor, LightSail Energy, SustainX, Apex CAES, Bright Energy Storage Technologies, Gaelectric and Pacific Gas and Electric Company, etc.
The global Compressed Air Energy Storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dresser-Rand Group
General Compression
Hydrostor
LightSail Energy
SustainX
Apex CAES
Bright Energy Storage Technologies
Gaelectric
Pacific Gas and Electric Company
Global Compressed Air Energy Storage market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Compressed Air Energy Storage market, Segment by Type:
Traditional Compressed Air Energy Storage
Liquid Gas Compressed Air Energy Storage
Other
Global Compressed Air Energy Storage market, by Application
Power Station
Distributed Energy System
Automotive Power
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Compressed Air Energy Storage manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Compressed Air Energy Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Compressed air energy storage, as the name suggests, is a technique for storing energy by using compressed air. Energy is generally stored for utilizing it later to meet the high demand during peak hours.
The global Compressed Air Energy Storage market size is expected to reach US$ 13970 million by 2029, growing at a CAGR of 20.9% from 2023 to 2029. The market is mainly driven by the significant applications of Compressed Air Energy Storage in various end use industries. The expanding demands from the Power Station, Distributed Energy System, Automotive Power and Other, are propelling Compressed Air Energy Storage market. Traditional Compressed Air Energy Storage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Liquid Gas Compressed Air Energy Storage segment is estimated at % CAGR for the next seven-year period.
Compressed air energy storage has been the most prevalent form of energy storage after pumped-hydro technology. Compressed air energy storage is preferred because of its higher efficiency, greater reliability, and economic feasibility when compared to other energy storage technologies.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Compressed Air Energy Storage, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Compressed Air Energy Storage market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Compressed Air Energy Storage market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Compressed Air Energy Storage sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Compressed Air Energy Storage covered in this report include Dresser-Rand Group, General Compression, Hydrostor, LightSail Energy, SustainX, Apex CAES, Bright Energy Storage Technologies, Gaelectric and Pacific Gas and Electric Company, etc.
The global Compressed Air Energy Storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dresser-Rand Group
General Compression
Hydrostor
LightSail Energy
SustainX
Apex CAES
Bright Energy Storage Technologies
Gaelectric
Pacific Gas and Electric Company
Global Compressed Air Energy Storage market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Compressed Air Energy Storage market, Segment by Type:
Traditional Compressed Air Energy Storage
Liquid Gas Compressed Air Energy Storage
Other
Global Compressed Air Energy Storage market, by Application
Power Station
Distributed Energy System
Automotive Power
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Compressed Air Energy Storage manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Compressed Air Energy Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Compressed Air Energy Storage Market Overview
1.1 Compressed Air Energy Storage Product Overview
1.2 Compressed Air Energy Storage Market Segment by Type
1.2.1 Traditional Compressed Air Energy Storage
1.2.2 Liquid Gas Compressed Air Energy Storage
1.2.3 Other
1.3 Global Compressed Air Energy Storage Market Size by Type
1.3.1 Global Compressed Air Energy Storage Market Size Overview by Type (2018-2029)
1.3.2 Global Compressed Air Energy Storage Historic Market Size Review by Type (2018-2023)
1.3.3 Global Compressed Air Energy Storage Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Compressed Air Energy Storage Sales Breakdown by Type (2018-2023)
1.4.2 Europe Compressed Air Energy Storage Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Compressed Air Energy Storage Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Compressed Air Energy Storage Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Compressed Air Energy Storage Sales Breakdown by Type (2018-2023)
2 Global Compressed Air Energy Storage Market Competition by Company
2.1 Global Top Players by Compressed Air Energy Storage Sales (2018-2023)
2.2 Global Top Players by Compressed Air Energy Storage Revenue (2018-2023)
2.3 Global Top Players by Compressed Air Energy Storage Price (2018-2023)
2.4 Global Top Manufacturers Compressed Air Energy Storage Manufacturing Base Distribution, Sales Area, Product Type
2.5 Compressed Air Energy Storage Market Competitive Situation and Trends
2.5.1 Compressed Air Energy Storage Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Compressed Air Energy Storage Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Compressed Air Energy Storage as of 2022)
2.7 Date of Key Manufacturers Enter into Compressed Air Energy Storage Market
2.8 Key Manufacturers Compressed Air Energy Storage Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Compressed Air Energy Storage Status and Outlook by Region
3.1 Global Compressed Air Energy Storage Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Compressed Air Energy Storage Historic Market Size by Region
3.2.1 Global Compressed Air Energy Storage Sales in Volume by Region (2018-2023)
3.2.2 Global Compressed Air Energy Storage Sales in Value by Region (2018-2023)
3.2.3 Global Compressed Air Energy Storage Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Compressed Air Energy Storage Forecasted Market Size by Region
3.3.1 Global Compressed Air Energy Storage Sales in Volume by Region (2024-2029)
3.3.2 Global Compressed Air Energy Storage Sales in Value by Region (2024-2029)
3.3.3 Global Compressed Air Energy Storage Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Compressed Air Energy Storage by Application
4.1 Compressed Air Energy Storage Market Segment by Application
4.1.1 Power Station
4.1.2 Distributed Energy System
4.1.3 Automotive Power
4.1.4 Other
4.2 Global Compressed Air Energy Storage Market Size by Application
4.2.1 Global Compressed Air Energy Storage Market Size Overview by Application (2018-2029)
4.2.2 Global Compressed Air Energy Storage Historic Market Size Review by Application (2018-2023)
4.2.3 Global Compressed Air Energy Storage Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Compressed Air Energy Storage Sales Breakdown by Application (2018-2023)
4.3.2 Europe Compressed Air Energy Storage Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Compressed Air Energy Storage Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Compressed Air Energy Storage Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Compressed Air Energy Storage Sales Breakdown by Application (2018-2023)
5 North America Compressed Air Energy Storage by Country
5.1 North America Compressed Air Energy Storage Historic Market Size by Country
5.1.1 North America Compressed Air Energy Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Compressed Air Energy Storage Sales in Volume by Country (2018-2023)
5.1.3 North America Compressed Air Energy Storage Sales in Value by Country (2018-2023)
5.2 North America Compressed Air Energy Storage Forecasted Market Size by Country
5.2.1 North America Compressed Air Energy Storage Sales in Volume by Country (2024-2029)
5.2.2 North America Compressed Air Energy Storage Sales in Value by Country (2024-2029)
6 Europe Compressed Air Energy Storage by Country
6.1 Europe Compressed Air Energy Storage Historic Market Size by Country
6.1.1 Europe Compressed Air Energy Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Compressed Air Energy Storage Sales in Volume by Country (2018-2023)
6.1.3 Europe Compressed Air Energy Storage Sales in Value by Country (2018-2023)
6.2 Europe Compressed Air Energy Storage Forecasted Market Size by Country
6.2.1 Europe Compressed Air Energy Storage Sales in Volume by Country (2024-2029)
6.2.2 Europe Compressed Air Energy Storage Sales in Value by Country (2024-2029)
7 Asia-Pacific Compressed Air Energy Storage by Region
7.1 Asia-Pacific Compressed Air Energy Storage Historic Market Size by Region
7.1.1 Asia-Pacific Compressed Air Energy Storage Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Compressed Air Energy Storage Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Compressed Air Energy Storage Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Compressed Air Energy Storage Forecasted Market Size by Region
7.2.1 Asia-Pacific Compressed Air Energy Storage Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Compressed Air Energy Storage Sales in Value by Region (2024-2029)
8 Latin America Compressed Air Energy Storage by Country
8.1 Latin America Compressed Air Energy Storage Historic Market Size by Country
8.1.1 Latin America Compressed Air Energy Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Compressed Air Energy Storage Sales in Volume by Country (2018-2023)
8.1.3 Latin America Compressed Air Energy Storage Sales in Value by Country (2018-2023)
8.2 Latin America Compressed Air Energy Storage Forecasted Market Size by Country
8.2.1 Latin America Compressed Air Energy Storage Sales in Volume by Country (2024-2029)
8.2.2 Latin America Compressed Air Energy Storage Sales in Value by Country (2024-2029)
9 Middle East and Africa Compressed Air Energy Storage by Country
9.1 Middle East and Africa Compressed Air Energy Storage Historic Market Size by Country
9.1.1 Middle East and Africa Compressed Air Energy Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Compressed Air Energy Storage Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Compressed Air Energy Storage Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Compressed Air Energy Storage Forecasted Market Size by Country
9.2.1 Middle East and Africa Compressed Air Energy Storage Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Compressed Air Energy Storage Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dresser-Rand Group
10.1.1 Dresser-Rand Group Company Information
10.1.2 Dresser-Rand Group Introduction and Business Overview
10.1.3 Dresser-Rand Group Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dresser-Rand Group Compressed Air Energy Storage Products Offered
10.1.5 Dresser-Rand Group Recent Development
10.2 General Compression
10.2.1 General Compression Company Information
10.2.2 General Compression Introduction and Business Overview
10.2.3 General Compression Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.2.4 General Compression Compressed Air Energy Storage Products Offered
10.2.5 General Compression Recent Development
10.3 Hydrostor
10.3.1 Hydrostor Company Information
10.3.2 Hydrostor Introduction and Business Overview
10.3.3 Hydrostor Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hydrostor Compressed Air Energy Storage Products Offered
10.3.5 Hydrostor Recent Development
10.4 LightSail Energy
10.4.1 LightSail Energy Company Information
10.4.2 LightSail Energy Introduction and Business Overview
10.4.3 LightSail Energy Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.4.4 LightSail Energy Compressed Air Energy Storage Products Offered
10.4.5 LightSail Energy Recent Development
10.5 SustainX
10.5.1 SustainX Company Information
10.5.2 SustainX Introduction and Business Overview
10.5.3 SustainX Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SustainX Compressed Air Energy Storage Products Offered
10.5.5 SustainX Recent Development
10.6 Apex CAES
10.6.1 Apex CAES Company Information
10.6.2 Apex CAES Introduction and Business Overview
10.6.3 Apex CAES Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Apex CAES Compressed Air Energy Storage Products Offered
10.6.5 Apex CAES Recent Development
10.7 Bright Energy Storage Technologies
10.7.1 Bright Energy Storage Technologies Company Information
10.7.2 Bright Energy Storage Technologies Introduction and Business Overview
10.7.3 Bright Energy Storage Technologies Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bright Energy Storage Technologies Compressed Air Energy Storage Products Offered
10.7.5 Bright Energy Storage Technologies Recent Development
10.8 Gaelectric
10.8.1 Gaelectric Company Information
10.8.2 Gaelectric Introduction and Business Overview
10.8.3 Gaelectric Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gaelectric Compressed Air Energy Storage Products Offered
10.8.5 Gaelectric Recent Development
10.9 Pacific Gas and Electric Company
10.9.1 Pacific Gas and Electric Company Company Information
10.9.2 Pacific Gas and Electric Company Introduction and Business Overview
10.9.3 Pacific Gas and Electric Company Compressed Air Energy Storage Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Pacific Gas and Electric Company Compressed Air Energy Storage Products Offered
10.9.5 Pacific Gas and Electric Company Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Compressed Air Energy Storage Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Compressed Air Energy Storage Industrial Chain Analysis
11.4 Compressed Air Energy Storage Market Dynamics
11.4.1 Compressed Air Energy Storage Industry Trends
11.4.2 Compressed Air Energy Storage Market Drivers
11.4.3 Compressed Air Energy Storage Market Challenges
11.4.4 Compressed Air Energy Storage Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Compressed Air Energy Storage Distributors
12.3 Compressed Air Energy Storage Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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