Global Compressed Air Energy Storage Market 2015-2019

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Global Compressed Air Energy Storage Market 2015-2019 • The report discusses the following in-depth:

• Market Segmentation by Product

• Market Segmentation by Nature of Transaction

• Demographic Segmentation

• Service Segmentation

• Business Segmentation by Revenue

• Geographical Segmentation by Revenue

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Key Trends

TechNavio’s senior analyst says, “The growth of the Global Compressed Air Energy Storage market is driven by several factors. One of the major drivers is the need to reduce power blackouts. The increasing incidence of power blackouts is one of the major issues faced by various power end-users worldwide, a major solution for which is the adoption of energy storage technologies in the power grid.”

• Compressed air energy storage, as the name suggests, is a technique for storing energy by using compressed air. Energy is generally stored so that it can be used later to meet high demand during peak hours. 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 is the most prevalent form of energy storage after pumped-hydro technology.

• The market is expected to grow at a CAGR of 25.5 percent during the forecast period.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Enabling technologies and the roadmap

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge and

trend is available in our report:Global Compressed Air Energy Storage Market 2015-2019

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Vendors Landscape

For a full list of vendors view our report,

Global Compressed Air Energy Storage Market 2015-2019

Dresser-Rand Group Inc.

General Compression Inc.

Hydrators

Dresser-Rand, headquartered in the US, is one of the world's leading manufacturers of custom-engineered rotating equipment solutions. It serves customers in the Environmental, Process, Oil and Gas, Petrochemical, Power Generation, and other industries worldwide.

General Compression, in the US, designs and develops dispatchable wind and solar power systems. The company mainly supplies technology for the generation of electricity from wind energy..

Hydrostor, headquartered in Canada, designs bulk energy storage systems and provides underwater compressed air energy storage systems for deployment in cities and renewable project developments.

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Market Landscape

• The Global Compressed Air Energy Storage market is expected to witness significant growth during the forecast period, which will be driven by increased demand for power and a rising number of power blackouts.

• Most countries worldwide are investing in energy storage techniques to ensure reliable and continuous flow of power.

• Though compressed air energy storage technology is quite far from reaching its potential, the technology has been quite compelling for power utilities.

• The APAC region is expected to witness the largest growth with the majority of developments taking place in China, Japan, South Korea, Indonesia, and India.

• Most of these Asian countries have already started to deploy renewable energy resources along with energy storage technologies.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service Support

Parameters Details

Efficiency The ability of the compressed air energy storage system to store energy with minimal loss

Energy Independence The ability of the compressed air energy storage system to reduce dependence on petroleum

Incentives Incentives and grants received from government for the development of compressed air energy storage systems

Performance

The capacity to store energy appropriately and to be able to deliver the desired output

Reliability The ability of the compressed air energy storage system to reduce to occurrence of power failures

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Compressed Air Energy Storage Market

2015-2019

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