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Download Free sampleLiquid Air Energy Storage (LAES) uses electricity to cool air until it liquefies, stores the liquid air in a tank, brings the liquid air back to a gaseous state (by exposure to ambient air or with waste heat from an industrial process) and uses that gas to turn a turbine and generate electricity. LAES systems use off the shelf components with long lifetimes (30 years +), resulting in low technology risk.
Liquid Air Energy Storage Systems Market contains market size and forecasts of Liquid Air Energy Storage Systems in Global, including the following market information:
Global Liquid Air Energy Storage Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Liquid Air Energy Storage Systems market was valued at 386.1 million in 2021 and is projected to reach US$ 1034.5 million by 2028, at a CAGR of 15.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electro-chemical Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Liquid Air Energy Storage Systems include GE, Highview Power, Linde, Messer, Viridor, Heatric, Siemens, MAN and Atlas Copco, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Liquid Air Energy Storage Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Liquid Air Energy Storage Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Liquid Air Energy Storage Systems Market Segment Percentages, by Type, 2021 (%)
Electro-chemical
Pumped Hydro Storage
Thermal Storage
Electro-mechanical
Hydrogen Storage
Liquid Air Energy Storage
Global Liquid Air Energy Storage Systems Market, by End User, 2017-2022, 2023-2028 ($ millions)
Global Liquid Air Energy Storage Systems Market Segment Percentages, by End User, 2021 (%)
Household
Commercial
Industrial
Others
Global Liquid Air Energy Storage Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Liquid Air Energy Storage Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Liquid Air Energy Storage Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Liquid Air Energy Storage Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
Highview Power
Linde
Messer
Viridor
Heatric
Siemens
MAN
Atlas Copco
Cryostar
Chart
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