For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
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.
LPI (LP Information)' newest research report, the "Liquid Air Energy Storage Systems Industry Forecast" looks at past sales and reviews total world Liquid Air Energy Storage Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Air Energy Storage Systems sales for 2023 through 2029. With Liquid Air Energy Storage Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Air Energy Storage Systems industry.
This Insight Report provides a comprehensive analysis of the global Liquid Air Energy Storage Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Air Energy Storage Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Air Energy Storage Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Air Energy Storage Systems and breaks down the forecast by type, by end user, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Air Energy Storage Systems.
The global Liquid Air Energy Storage Systems market size is projected to grow from US$ 367 million in 2022 to US$ 1062 million in 2029; it is expected to grow at a CAGR of 16.4% from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Air Energy Storage Systems market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Electro-chemical
- Pumped Hydro Storage
- Thermal Storage
- Electro-mechanical
- Hydrogen Storage
- Liquid Air Energy Storage
Segmentation by end user
- Household
- Commercial
- Industrial
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- GE
- Highview Power
- Linde
- Messer
- Viridor
- Heatric
- Siemens
- MAN
- Atlas Copco
- Cryostar
- Chart