Research Summary
Liquid Air Energy Storage (LAES) systems are innovative energy storage solutions that utilize surplus electricity to produce liquid air or liquefied nitrogen by compressing and cooling atmospheric air. During periods of high electricity demand, the stored liquid air is released and expanded, driving a turbine to generate electricity. The process involves the conversion of electrical energy into potential energy in the form of compressed air, which can be stored for an extended period until needed. LAES systems offer the advantage of scalability, allowing for storage capacities ranging from a few megawatts to several hundred megawatts, making them suitable for both grid-scale and decentralized applications. Additionally, they offer a longer duration of storage compared to other energy storage technologies, facilitating the integration of intermittent renewable energy sources and helping stabilize the electricity grid.
According to DIResearch's in-depth investigation and research, the global Liquid Air Energy Storage Systems market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Liquid Air Energy Storage Systems include GE, Highview Power, Linde, Messer, Viridor, Heatric, Siemens, MAN, Atlas Copco, Cryostar, Chart etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Liquid Air Energy Storage Systems. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Liquid Air Energy Storage Systems market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Liquid Air Energy Storage Systems market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Liquid Air Energy Storage Systems industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Liquid Air Energy Storage Systems Include:
GE
Highview Power
Linde
Messer
Viridor
Heatric
Siemens
MAN
Atlas Copco
Cryostar
Chart
Liquid Air Energy Storage Systems Product Segment Include:
Electro-chemical
Pumped Hydro Storage
Thermal Storage
Electro-mechanical
Hydrogen Storage
Liquid Air Energy Storage
Liquid Air Energy Storage Systems Product Application Include:
Household
Commercial
Industrial
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Liquid Air Energy Storage Systems Industry PESTEL Analysis
Chapter 3: Global Liquid Air Energy Storage Systems Industry Porter’s Five Forces Analysis
Chapter 4: Global Liquid Air Energy Storage Systems Major Regional Market Size and Forecast Analysis
Chapter 5: Global Liquid Air Energy Storage Systems Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Liquid Air Energy Storage Systems Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Liquid Air Energy Storage Systems Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook