Liquid Air Energy Storage Systems Market

Liquid 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 aims to provide a comprehensive presentation of the global market for Liquid Air Energy Storage Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Air Energy Storage Systems. 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, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

The global Liquid Air Energy Storage Systems market was valued at US$ 386.1 million in 2022 and is projected to reach US$ 1034.5 million by 2029, at a CAGR of 15.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Liquid Air Energy Storage Systems key players include GE, Highview Power, Linde, Messer, etc.

In terms of application, the largest application is Power plant, followed by Utility scale, etc. North America is the largest market, with a share about 52%, followed by Europe with the share about 43%.

We 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, 2018-2023, 2024-2029 ($ millions)

Global Liquid Air Energy Storage Systems Market Segment Percentages, by Type, 2022 (%)

• 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, 2018-2023, 2024-2029 ($ millions)

Global Liquid Air Energy Storage Systems Market Segment Percentages, by End User, 2022 (%)

• Household
• Commercial
• Industrial
• Others

Global Liquid Air Energy Storage Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Liquid Air Energy Storage Systems Market Segment Percentages, By Region and Country, 2022 (%)

• 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, 2018-2023 (estimated), ($ millions)

Key companies Liquid Air Energy Storage Systems revenues share in global market, 2022 (%)

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

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Liquid Air Energy Storage Systems, market overview.
• Chapter 2: Global Liquid Air Energy Storage Systems market size in revenue.
• Chapter 3: Detailed analysis of Liquid Air Energy Storage Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by end user, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Liquid Air Energy Storage Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: 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 8: The main points and conclusions of the report.