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Global New Compressed Air Energy Storage System Market Research Report 2024
Synopsis
Global New Compressed Air Energy Storage System market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole New Compressed Air Energy Storage System market research.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 92% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global New Compressed Air Energy Storage System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
China National Energy
Hydrostor
Dresser-Rand (Siemens Energy)
Storelectric
Augwind Energy
ALACAES
Sumitomo Heavy Industries
MAN Energy Solutions
China Huaneng Group
LightSail Energy
Pacific Gas and Electric Company
Bright Energy Storage Technologies
Segment by Type
Thermal Storage Compressed Air Energy Storage System (TS-CAES)
Liquid Air Energy Storage (LAES)
Supercritical Compressed Air Energy Storage System (SC-CAES)
Others
Segment by Application
Power Station
Distributed Energy System
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The New Compressed Air Energy Storage System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Global New Compressed Air Energy Storage System market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole New Compressed Air Energy Storage System market research.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 92% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global New Compressed Air Energy Storage System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
China National Energy
Hydrostor
Dresser-Rand (Siemens Energy)
Storelectric
Augwind Energy
ALACAES
Sumitomo Heavy Industries
MAN Energy Solutions
China Huaneng Group
LightSail Energy
Pacific Gas and Electric Company
Bright Energy Storage Technologies
Segment by Type
Thermal Storage Compressed Air Energy Storage System (TS-CAES)
Liquid Air Energy Storage (LAES)
Supercritical Compressed Air Energy Storage System (SC-CAES)
Others
Segment by Application
Power Station
Distributed Energy System
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The New Compressed Air Energy Storage System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 New Compressed Air Energy Storage System Market Overview
1.1 Product Definition
1.2 New Compressed Air Energy Storage System Segment by Type
1.2.1 Global New Compressed Air Energy Storage System Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Thermal Storage Compressed Air Energy Storage System (TS-CAES)
1.2.3 Liquid Air Energy Storage (LAES)
1.2.4 Supercritical Compressed Air Energy Storage System (SC-CAES)
1.2.5 Others
1.3 New Compressed Air Energy Storage System Segment by Application
1.3.1 Global New Compressed Air Energy Storage System Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Power Station
1.3.3 Distributed Energy System
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global New Compressed Air Energy Storage System Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global New Compressed Air Energy Storage System Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global New Compressed Air Energy Storage System Production Estimates and Forecasts (2018-2029)
1.4.4 Global New Compressed Air Energy Storage System Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global New Compressed Air Energy Storage System Production Market Share by Manufacturers (2018-2023)
2.2 Global New Compressed Air Energy Storage System Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of New Compressed Air Energy Storage System, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global New Compressed Air Energy Storage System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global New Compressed Air Energy Storage System Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of New Compressed Air Energy Storage System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of New Compressed Air Energy Storage System, Product Offered and Application
2.8 Global Key Manufacturers of New Compressed Air Energy Storage System, Date of Enter into This Industry
2.9 New Compressed Air Energy Storage System Market Competitive Situation and Trends
2.9.1 New Compressed Air Energy Storage System Market Concentration Rate
2.9.2 Global 5 and 10 Largest New Compressed Air Energy Storage System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 New Compressed Air Energy Storage System Production by Region
3.1 Global New Compressed Air Energy Storage System Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global New Compressed Air Energy Storage System Production Value by Region (2018-2029)
3.2.1 Global New Compressed Air Energy Storage System Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of New Compressed Air Energy Storage System by Region (2024-2029)
3.3 Global New Compressed Air Energy Storage System Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global New Compressed Air Energy Storage System Production by Region (2018-2029)
3.4.1 Global New Compressed Air Energy Storage System Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of New Compressed Air Energy Storage System by Region (2024-2029)
3.5 Global New Compressed Air Energy Storage System Market Price Analysis by Region (2018-2023)
3.6 Global New Compressed Air Energy Storage System Production and Value, Year-over-Year Growth
3.6.1 North America New Compressed Air Energy Storage System Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe New Compressed Air Energy Storage System Production Value Estimates and Forecasts (2018-2029)
3.6.3 China New Compressed Air Energy Storage System Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan New Compressed Air Energy Storage System Production Value Estimates and Forecasts (2018-2029)
4 New Compressed Air Energy Storage System Consumption by Region
4.1 Global New Compressed Air Energy Storage System Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global New Compressed Air Energy Storage System Consumption by Region (2018-2029)
4.2.1 Global New Compressed Air Energy Storage System Consumption by Region (2018-2023)
4.2.2 Global New Compressed Air Energy Storage System Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America New Compressed Air Energy Storage System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America New Compressed Air Energy Storage System Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe New Compressed Air Energy Storage System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe New Compressed Air Energy Storage System Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific New Compressed Air Energy Storage System Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific New Compressed Air Energy Storage System Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa New Compressed Air Energy Storage System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa New Compressed Air Energy Storage System Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global New Compressed Air Energy Storage System Production by Type (2018-2029)
5.1.1 Global New Compressed Air Energy Storage System Production by Type (2018-2023)
5.1.2 Global New Compressed Air Energy Storage System Production by Type (2024-2029)
5.1.3 Global New Compressed Air Energy Storage System Production Market Share by Type (2018-2029)
5.2 Global New Compressed Air Energy Storage System Production Value by Type (2018-2029)
5.2.1 Global New Compressed Air Energy Storage System Production Value by Type (2018-2023)
5.2.2 Global New Compressed Air Energy Storage System Production Value by Type (2024-2029)
5.2.3 Global New Compressed Air Energy Storage System Production Value Market Share by Type (2018-2029)
5.3 Global New Compressed Air Energy Storage System Price by Type (2018-2029)
6 Segment by Application
6.1 Global New Compressed Air Energy Storage System Production by Application (2018-2029)
6.1.1 Global New Compressed Air Energy Storage System Production by Application (2018-2023)
6.1.2 Global New Compressed Air Energy Storage System Production by Application (2024-2029)
6.1.3 Global New Compressed Air Energy Storage System Production Market Share by Application (2018-2029)
6.2 Global New Compressed Air Energy Storage System Production Value by Application (2018-2029)
6.2.1 Global New Compressed Air Energy Storage System Production Value by Application (2018-2023)
6.2.2 Global New Compressed Air Energy Storage System Production Value by Application (2024-2029)
6.2.3 Global New Compressed Air Energy Storage System Production Value Market Share by Application (2018-2029)
6.3 Global New Compressed Air Energy Storage System Price by Application (2018-2029)
7 Key Companies Profiled
7.1 China National Energy
7.1.1 China National Energy New Compressed Air Energy Storage System Corporation Information
7.1.2 China National Energy New Compressed Air Energy Storage System Product Portfolio
7.1.3 China National Energy New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.1.4 China National Energy Main Business and Markets Served
7.1.5 China National Energy Recent Developments/Updates
7.2 Hydrostor
7.2.1 Hydrostor New Compressed Air Energy Storage System Corporation Information
7.2.2 Hydrostor New Compressed Air Energy Storage System Product Portfolio
7.2.3 Hydrostor New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Hydrostor Main Business and Markets Served
7.2.5 Hydrostor Recent Developments/Updates
7.3 Dresser-Rand (Siemens Energy)
7.3.1 Dresser-Rand (Siemens Energy) New Compressed Air Energy Storage System Corporation Information
7.3.2 Dresser-Rand (Siemens Energy) New Compressed Air Energy Storage System Product Portfolio
7.3.3 Dresser-Rand (Siemens Energy) New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Dresser-Rand (Siemens Energy) Main Business and Markets Served
7.3.5 Dresser-Rand (Siemens Energy) Recent Developments/Updates
7.4 Storelectric
7.4.1 Storelectric New Compressed Air Energy Storage System Corporation Information
7.4.2 Storelectric New Compressed Air Energy Storage System Product Portfolio
7.4.3 Storelectric New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Storelectric Main Business and Markets Served
7.4.5 Storelectric Recent Developments/Updates
7.5 Augwind Energy
7.5.1 Augwind Energy New Compressed Air Energy Storage System Corporation Information
7.5.2 Augwind Energy New Compressed Air Energy Storage System Product Portfolio
7.5.3 Augwind Energy New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Augwind Energy Main Business and Markets Served
7.5.5 Augwind Energy Recent Developments/Updates
7.6 ALACAES
7.6.1 ALACAES New Compressed Air Energy Storage System Corporation Information
7.6.2 ALACAES New Compressed Air Energy Storage System Product Portfolio
7.6.3 ALACAES New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.6.4 ALACAES Main Business and Markets Served
7.6.5 ALACAES Recent Developments/Updates
7.7 Sumitomo Heavy Industries
7.7.1 Sumitomo Heavy Industries New Compressed Air Energy Storage System Corporation Information
7.7.2 Sumitomo Heavy Industries New Compressed Air Energy Storage System Product Portfolio
7.7.3 Sumitomo Heavy Industries New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Sumitomo Heavy Industries Main Business and Markets Served
7.7.5 Sumitomo Heavy Industries Recent Developments/Updates
7.8 MAN Energy Solutions
7.8.1 MAN Energy Solutions New Compressed Air Energy Storage System Corporation Information
7.8.2 MAN Energy Solutions New Compressed Air Energy Storage System Product Portfolio
7.8.3 MAN Energy Solutions New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.8.4 MAN Energy Solutions Main Business and Markets Served
7.7.5 MAN Energy Solutions Recent Developments/Updates
7.9 China Huaneng Group
7.9.1 China Huaneng Group New Compressed Air Energy Storage System Corporation Information
7.9.2 China Huaneng Group New Compressed Air Energy Storage System Product Portfolio
7.9.3 China Huaneng Group New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.9.4 China Huaneng Group Main Business and Markets Served
7.9.5 China Huaneng Group Recent Developments/Updates
7.10 LightSail Energy
7.10.1 LightSail Energy New Compressed Air Energy Storage System Corporation Information
7.10.2 LightSail Energy New Compressed Air Energy Storage System Product Portfolio
7.10.3 LightSail Energy New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.10.4 LightSail Energy Main Business and Markets Served
7.10.5 LightSail Energy Recent Developments/Updates
7.11 Pacific Gas and Electric Company
7.11.1 Pacific Gas and Electric Company New Compressed Air Energy Storage System Corporation Information
7.11.2 Pacific Gas and Electric Company New Compressed Air Energy Storage System Product Portfolio
7.11.3 Pacific Gas and Electric Company New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Pacific Gas and Electric Company Main Business and Markets Served
7.11.5 Pacific Gas and Electric Company Recent Developments/Updates
7.12 Bright Energy Storage Technologies
7.12.1 Bright Energy Storage Technologies New Compressed Air Energy Storage System Corporation Information
7.12.2 Bright Energy Storage Technologies New Compressed Air Energy Storage System Product Portfolio
7.12.3 Bright Energy Storage Technologies New Compressed Air Energy Storage System Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Bright Energy Storage Technologies Main Business and Markets Served
7.12.5 Bright Energy Storage Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 New Compressed Air Energy Storage System Industry Chain Analysis
8.2 New Compressed Air Energy Storage System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 New Compressed Air Energy Storage System Production Mode & Process
8.4 New Compressed Air Energy Storage System Sales and Marketing
8.4.1 New Compressed Air Energy Storage System Sales Channels
8.4.2 New Compressed Air Energy Storage System Distributors
8.5 New Compressed Air Energy Storage System Customers
9 New Compressed Air Energy Storage System Market Dynamics
9.1 New Compressed Air Energy Storage System Industry Trends
9.2 New Compressed Air Energy Storage System Market Drivers
9.3 New Compressed Air Energy Storage System Market Challenges
9.4 New Compressed Air Energy Storage System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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