Energy and Power

Global Compressed Air Energy Storage Market 2015-2019

  • TEC169717
  • 61 Pages
  • December 2014
  • Energy and Power
About Compressed Air Energy Storage
Compressed air energy storage, as the name suggests, is a technique for storing energy by using compressed air. Energy is generally stored for utilizing it later to meet the high demand during peak hours. Growing interest in energy storage by utilizing renewable energy source 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 preferred 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.
TechNavio's analysts forecast the Global Compressed Air Energy Storage market to grow at a CAGR of 25.5 percent over the period 2014-2019.
Covered in this Report
TechNavio's report, Global Compressed Air Energy Storage Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Compressed Air Energy Storage market landscape and its growth prospects in the coming years. The report also includes the segmentation of compressed air energy storage market on the basis of type of application as well as geographical segmentation. The report includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors
Dresser-Rand Group
General Compression
Hydrostor
LightSail Energy
SustainX
Other Prominent Vendors

ADELE
Apex CAES
Bright Energy Storage Technologies
Gaelectric
Pacific Gas and Electric Company
Market Driver
Need to Reduce Power Blackouts
For a full, detailed list, view our report
Market Challenge
High Capital Cost for Compressed Air Energy Storage System
For a full, detailed list, view our report
Market Trend
Increased Investment in Storage Technology
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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