Compressed Air Energy Storage Market
  • Published Date: Aug-2021
  • |
  • 180 Pages
  • |
  • Report ID: EP0005

Compressed Air Energy Storage Market

The Compressed Air Energy Storage market is expected to grow from USD XXX million in 2019 to USD 42,973.77 million by 2025 at a CAGR of 27% from 2019 to 2025.

  • Report Description
  • Table of Content
  • Segmentation
  • Companies
  • News

Compressed air energy storage, because the name suggests, is a technique for storing energy by using compressed air. Energy is mostly stored for utilizing it later to fulfill the high demand during peak hours. The growing interest in energy storage by utilizing renewable energy sources has led to an upsurge in new and more advanced energy storage techniques. Compressed air energy storage has been the most prevalent form of energy storage after pumped-hydro technology. Compressed air energy storage is most well-liked because of its higher efficiency, greater reliability, and economic feasibility when compared to other energy storage technologies. It is recommended for large-scale energy storage and for meeting the growing energy needs. The global market is segregated on the basis of Application as Renewable Energy Integration, Grid Optimization, and T&D Deferral.

The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Dresser-Rand, General Compression, Hydrostor, LightSail Energy, SustainX, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Compressed Air Energy Storage market has been segmented as below:

By Application

  • Renewable Energy Integration
  • Grid Optimization
  • T&D Deferral

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Dresser-Rand
  • General Compression
  • Hydrostor
  • LightSail Energy
  • SustainX

The report covers the below scope:

  • Global market sizes from 2019 to 2025, along with CAGR for 2020-2025
  • Market size comparison for 2020 vs 2025, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2025
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Dresser-Rand, General Compression, Hydrostor, LightSail Energy, SustainX, and others.

Why to Buy this Report:

  • Gain detailed insights on the Compressed Air Energy Storage industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. By Application

            5.1 Introduction

            5.2 Renewable Energy Integration

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Grid Optimization

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 T&D Deferral

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

  1. By Geography

            6.1 Introduction

            6.2 North America

                        6.2.1 North America Market, By Application

            6.3 Europe

                        6.3.1 Europe Market, By Application

            6.4 Asia-Pacific

                        6.4.1 Asia-Pacific Market, By Application

            6.5 Rest of the World

                        6.5.1 Rest of the World Market, By Application

  1. Competitive Insights

            7.1 Key Insights

            7.2 Company Market Share Analysis

            7.3 Strategic Outlook

                        7.3.1 Mergers & Acquisitions

                        7.3.2 New Product Development

                        7.3.3 Portfolio/Production Capacity Expansions

                        7.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        7.3.5 Others

  1. Company Profiles

            8.1 Dresser-Rand

                        8.1.1 Company Overview

                        8.1.2 Product/Service Landscape

                        8.1.3 Financial Overview

                        8.1.4 Recent Developments

            8.2 General Compression

                        8.2.1 Company Overview

                        8.2.2 Product/Service Landscape

                        8.2.3 Financial Overview

                        8.2.4 Recent Developments

            8.3 Hydrostor

                        8.3.1 Company Overview

                        8.3.2 Product/Service Landscape

                        8.3.3 Financial Overview

                        8.3.4 Recent Developments

            8.4 LightSail Energy

                        8.4.1 Company Overview

                        8.4.2 Product/Service Landscape

                        8.4.3 Financial Overview

                        8.4.4 Recent Developments

            8.5 SustainX

                        8.5.1 Company Overview

                        8.5.2 Product/Service Landscape

                        8.5.3 Financial Overview

                        8.5.4 Recent Developments

The global Compressed Air Energy Storage market has been segmented as below:

By Application

  • Renewable Energy Integration
  • Grid Optimization
  • T&D Deferral

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Dresser-Rand
  • General Compression
  • Hydrostor
  • LightSail Energy
  • SustainX

License Options

  • Single 1500 USD
  • Multiple 3000 USD