
Liquid Air Energy Storage Systems Industry Research Report 2025
Description
Summary
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.
According to APO Research, The global Liquid Air Energy Storage Systems market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Liquid Air Energy Storage Systems include GE, Highview Power, Linde, Messer, Viridor, Heatric, Siemens, MAN and Atlas Copco, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Liquid Air Energy Storage Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Air Energy Storage Systems.
The Liquid Air Energy Storage Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Liquid Air Energy Storage Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Liquid Air Energy Storage Systems Segment by Company
GE
Highview Power
Linde
Messer
Viridor
Heatric
Siemens
MAN
Atlas Copco
Cryostar
Chart
Liquid Air Energy Storage Systems Segment by Type
Electro-chemical
Pumped Hydro Storage
Thermal Storage
Electro-mechanical
Hydrogen Storage
Liquid Air Energy Storage
Liquid Air Energy Storage Systems Segment by End User
Household
Commercial
Industrial
Others
Liquid Air Energy Storage Systems Segment by End User
Household
Commercial
Industrial
Others
Liquid Air Energy Storage Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Liquid Air Energy Storage Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Liquid Air Energy Storage Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Liquid Air Energy Storage Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Liquid Air Energy Storage Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
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.
According to APO Research, The global Liquid Air Energy Storage Systems market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Liquid Air Energy Storage Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Liquid Air Energy Storage Systems include GE, Highview Power, Linde, Messer, Viridor, Heatric, Siemens, MAN and Atlas Copco, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Liquid Air Energy Storage Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Air Energy Storage Systems.
The Liquid Air Energy Storage Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Liquid Air Energy Storage Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Liquid Air Energy Storage Systems Segment by Company
GE
Highview Power
Linde
Messer
Viridor
Heatric
Siemens
MAN
Atlas Copco
Cryostar
Chart
Liquid Air Energy Storage Systems Segment by Type
Electro-chemical
Pumped Hydro Storage
Thermal Storage
Electro-mechanical
Hydrogen Storage
Liquid Air Energy Storage
Liquid Air Energy Storage Systems Segment by End User
Household
Commercial
Industrial
Others
Liquid Air Energy Storage Systems Segment by End User
Household
Commercial
Industrial
Others
Liquid Air Energy Storage Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Liquid Air Energy Storage Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Liquid Air Energy Storage Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Liquid Air Energy Storage Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Liquid Air Energy Storage Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
Table of Contents
145 Pages
- 1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
- 2 Market Overview
- 2.1 Product Definition
- 2.2 Liquid Air Energy Storage Systems by Type
- 2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
- 2.2.2 Electro-chemical
- 2.2.3 Pumped Hydro Storage
- 2.2.4 Thermal Storage
- 2.2.5 Electro-mechanical
- 2.2.6 Hydrogen Storage
- 2.2.7 Liquid Air Energy Storage
- 2.3 Liquid Air Energy Storage Systems by End User
- 2.3.1 Market Value Comparison by End User (2020 VS 2024 VS 2031)
- 2.3.2 Household
- 2.3.3 Commercial
- 2.3.4 Industrial
- 2.3.5 Others
- 2.4 Assumptions and Limitations
- 3 Liquid Air Energy Storage Systems Breakdown Data by Type
- 3.1 Global Liquid Air Energy Storage Systems Historic Market Size by Type (2020-2025)
- 3.2 Global Liquid Air Energy Storage Systems Forecasted Market Size by Type (2026-2031)
- 4 Liquid Air Energy Storage Systems Breakdown Data by End User
- 4.1 Global Liquid Air Energy Storage Systems Historic Market Size by End User (2020-2025)
- 4.2 Global Liquid Air Energy Storage Systems Forecasted Market Size by End User (2026-2031)
- 5 Global Growth Trends
- 5.1 Global Liquid Air Energy Storage Systems Market Perspective (2020-2031)
- 5.2 Global Liquid Air Energy Storage Systems Growth Trends by Region
- 5.2.1 Global Liquid Air Energy Storage Systems Market Size by Region: 2020 VS 2024 VS 2031
- 5.2.2 Liquid Air Energy Storage Systems Historic Market Size by Region (2020-2025)
- 5.2.3 Liquid Air Energy Storage Systems Forecasted Market Size by Region (2026-2031)
- 5.3 Liquid Air Energy Storage Systems Market Dynamics
- 5.3.1 Liquid Air Energy Storage Systems Industry Trends
- 5.3.2 Liquid Air Energy Storage Systems Market Drivers
- 5.3.3 Liquid Air Energy Storage Systems Market Challenges
- 5.3.4 Liquid Air Energy Storage Systems Market Restraints
- 6 Market Competitive Landscape by Players
- 6.1 Global Top Liquid Air Energy Storage Systems Players by Revenue
- 6.1.1 Global Top Liquid Air Energy Storage Systems Players by Revenue (2020-2025)
- 6.1.2 Global Liquid Air Energy Storage Systems Revenue Market Share by Players (2020-2025)
- 6.2 Global Liquid Air Energy Storage Systems Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Liquid Air Energy Storage Systems Head Office and Area Served
- 6.4 Global Liquid Air Energy Storage Systems Players, Product Type & Application
- 6.5 Global Liquid Air Energy Storage Systems Manufacturers Established Date
- 6.6 Global Liquid Air Energy Storage Systems Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
- 7 North America
- 7.1 North America Liquid Air Energy Storage Systems Market Size (2020-2031)
- 7.2 North America Liquid Air Energy Storage Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 7.3 North America Liquid Air Energy Storage Systems Market Size by Country (2020-2025)
- 7.4 North America Liquid Air Energy Storage Systems Market Size by Country (2026-2031)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
- 8 Europe
- 8.1 Europe Liquid Air Energy Storage Systems Market Size (2020-2031)
- 8.2 Europe Liquid Air Energy Storage Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 8.3 Europe Liquid Air Energy Storage Systems Market Size by Country (2020-2025)
- 8.4 Europe Liquid Air Energy Storage Systems Market Size by Country (2026-2031)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
- 9 Asia-Pacific
- 9.1 Asia-Pacific Liquid Air Energy Storage Systems Market Size (2020-2031)
- 9.2 Asia-Pacific Liquid Air Energy Storage Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 9.3 Asia-Pacific Liquid Air Energy Storage Systems Market Size by Country (2020-2025)
- 9.4 Asia-Pacific Liquid Air Energy Storage Systems Market Size by Country (2026-2031)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
- 10 South America
- 10.1 South America Liquid Air Energy Storage Systems Market Size (2020-2031)
- 10.2 South America Liquid Air Energy Storage Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 10.3 South America Liquid Air Energy Storage Systems Market Size by Country (2020-2025)
- 10.4 South America Liquid Air Energy Storage Systems Market Size by Country (2026-2031)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
- 11 Middle East & Africa
- 11.1 Middle East & Africa Liquid Air Energy Storage Systems Market Size (2020-2031)
- 11.2 Middle East & Africa Liquid Air Energy Storage Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 11.3 Middle East & Africa Liquid Air Energy Storage Systems Market Size by Country (2020-2025)
- 11.4 Middle East & Africa Liquid Air Energy Storage Systems Market Size by Country (2026-2031)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
- 12 Players Profiled
- 12.1 GE
- 12.1.1 GE Company Information
- 12.1.2 GE Business Overview
- 12.1.3 GE Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.1.4 GE Liquid Air Energy Storage Systems Product Portfolio
- 12.1.5 GE Recent Developments
- 12.2 Highview Power
- 12.2.1 Highview Power Company Information
- 12.2.2 Highview Power Business Overview
- 12.2.3 Highview Power Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.2.4 Highview Power Liquid Air Energy Storage Systems Product Portfolio
- 12.2.5 Highview Power Recent Developments
- 12.3 Linde
- 12.3.1 Linde Company Information
- 12.3.2 Linde Business Overview
- 12.3.3 Linde Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.3.4 Linde Liquid Air Energy Storage Systems Product Portfolio
- 12.3.5 Linde Recent Developments
- 12.4 Messer
- 12.4.1 Messer Company Information
- 12.4.2 Messer Business Overview
- 12.4.3 Messer Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.4.4 Messer Liquid Air Energy Storage Systems Product Portfolio
- 12.4.5 Messer Recent Developments
- 12.5 Viridor
- 12.5.1 Viridor Company Information
- 12.5.2 Viridor Business Overview
- 12.5.3 Viridor Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.5.4 Viridor Liquid Air Energy Storage Systems Product Portfolio
- 12.5.5 Viridor Recent Developments
- 12.6 Heatric
- 12.6.1 Heatric Company Information
- 12.6.2 Heatric Business Overview
- 12.6.3 Heatric Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.6.4 Heatric Liquid Air Energy Storage Systems Product Portfolio
- 12.6.5 Heatric Recent Developments
- 12.7 Siemens
- 12.7.1 Siemens Company Information
- 12.7.2 Siemens Business Overview
- 12.7.3 Siemens Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.7.4 Siemens Liquid Air Energy Storage Systems Product Portfolio
- 12.7.5 Siemens Recent Developments
- 12.8 MAN
- 12.8.1 MAN Company Information
- 12.8.2 MAN Business Overview
- 12.8.3 MAN Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.8.4 MAN Liquid Air Energy Storage Systems Product Portfolio
- 12.8.5 MAN Recent Developments
- 12.9 Atlas Copco
- 12.9.1 Atlas Copco Company Information
- 12.9.2 Atlas Copco Business Overview
- 12.9.3 Atlas Copco Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.9.4 Atlas Copco Liquid Air Energy Storage Systems Product Portfolio
- 12.9.5 Atlas Copco Recent Developments
- 12.10 Cryostar
- 12.10.1 Cryostar Company Information
- 12.10.2 Cryostar Business Overview
- 12.10.3 Cryostar Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.10.4 Cryostar Liquid Air Energy Storage Systems Product Portfolio
- 12.10.5 Cryostar Recent Developments
- 12.11 Chart
- 12.11.1 Chart Company Information
- 12.11.2 Chart Business Overview
- 12.11.3 Chart Revenue in Liquid Air Energy Storage Systems Business (2020-2025)
- 12.11.4 Chart Liquid Air Energy Storage Systems Product Portfolio
- 12.11.5 Chart Recent Developments
- 13 Report Conclusion
- 14 Disclaimer
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