Global Liquid Air Energy Storage Market 2018-2024: Technologies, Market Share and Industry Forecasts - CAGR to Grow at 178% - ResearchAndMarkets.com
The "Global
Liquid Air Energy Storage Market - Technologies, Market share and
Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's
offering.
Global liquid air energy storage market is expected to rise with the
CAGR of about 178% during the forecast period 2017-2024.
Use of liquid air energy storage as a sustainable and clean energy
storage technology is one of the major factor that contributes towards
the growth of global liquid air energy storage market during the
forecast period.
However, presence of alternative technology for energy storage such as
hydro pump storage is one of the major factor restraining the growth of
global liquid air energy storage market during the forecast period.
The report on the global liquid air energy storage market is segmented
on the basis of application and capacity.
The application segment is sub divided as power generation, power
transmission, power distribution, renewable integration, LNG terminals
and other applications. Power transmission segment is expected to
dominate the market during the forecast period due to factors such as
increasing demand for advanced storage technologies, etc.
Renewable integration is expected to be the fastest growing segment in
global liquid air energy storage market during the forecast period due
to rising popularity of clean and reliable energy technologies.
Further, the capacity segment in global liquid air energy storage market
is further sub divided as 5 -15 MW, 16 - 50 MW, 50 -100 MW and more than
100 MW.
Market Dynamics
Drivers
-
Low Operating and Capital Cost
-
No Geographical Constraints Compared to Alternative Technologies
-
Sustainable and Clean Energy Storage Technology With Longer Lifetime
-
Favorable Government Policies and Faster Regulatory Approvals
-
Presence of Handfull Alternative Technologies
Restraints
-
Presence of Hydro Pump Storage as Alternative Technology
Opportunities
-
Promising Growth Opportunities for High Energy Storage in Developing
Regions
-
Surging Adoption of Distributed Energy Systems
-
Increasing R&D for New Application Integration
Challenges
-
Implementing Large Scale LAEs
Companies Profiled
-
Custom Metalcraft (U.S.)
-
GE Oil & Gas (U.K.)
-
Heatric (U.K.)
-
Highview Power Storage (U.K.)
-
Linde Group (Germany)
-
Messer Group (Germany)
-
Mitsubishi Hitachi Power Systems (Japan)
-
Viridor (United Kingdom)
Key Topics Covered
1. Introduction
2. Market Overview
3. Market Determinants
4. Global Liquid Air Energy Storage Market by Application
5. Global Liquid Air Energy Storage Market by Capacity
6. Competitive Landscape
7. Geographic Analysis
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/3fzqsl/global_liquid_air?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180705005203/en/
Copyright Business Wire 2018
Source: Business Wire
(July 5, 2018 - 6:13 AM EDT)
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